We’ve all been in isolation for a while now and are anxious to get out and return to normal. But will that normal be the same normal as the before-time? We are experiencing the biggest medical emergency since 1918. Is this reality going to affect our behaviour in the short term? Probably? Will our behaviour change over a longer period of time? That remains to be seen. I would argue that the Great Depression had a lasting impact on the working and spending habits of the generation that lived through it. I think it can also be argued that the prosperity of the post war years had a similar impact on the baby boom generation. Is COVID-19 a big enough event to have the same sort of influence? We will find out in the coming months. How do you think you will act?
While we wait, here are 3 videos that explore what the after-time may look like from an economic point of view.
Enjoy & stay safe.