Countries that focused on adopting a sustainable long-term strategy as their new normal are containing the virus better than the U.S., and as a result, will fare better economically, too, Ed Harrison said during today’s Real Vision Daily Briefing.
Harrison argued that we may not get the medical bailout of a vaccine, and if that is the case, there will be collapses in certain areas because our current new normal is not sustainable. He sees a downshift of growth overall, nominal growth coming down, less consumption, and more unemployment. It’s going to be a very