Governments aren’t leading the people, the people are leading the government, Ed Harrison said during today’s Real Vision Daily Briefing.
He said that both the locking down and opening up of countries in response to the virus has been driven by consumer behavior. We were frightened at one point in time, so governments locked down; now the lockdowns have become economically unviable and people can’t take it anymore, so governments are releasing them.
The problem is, what’s happening on the ground with the virus will be the real determinant of everyone’s prospects for economic recovery.