When does a Pandemic become a Permademic?Report Date: 15th November, 2021
The trend toward lower Covid infections has reversed. The reality is that the Pandemic is becoming a “Permademic” that will influence economic activity and markets for a long time. Particularly worrying is the fact that high vaccination countries are still vulnerable to large-scale outbreaks. The economic effect will be like driving a car with the brakes lightly applied. It doesn’t stop the car. But it hinders performance and there is a constant burning smell.
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