The EU’s Covid Economic Blues Continue.
With a disastrous vaccine rollout and more lockdowns, Europe’s economy has slid into recession. (NY Times)
The key to economic success in the Covid era is vaccines and halting the spread of the virus. Everything else appears to be an after thought in the battle to regain normalcy. Nations and regions that fail to curtains the spread and therefore the damage cause by the virus will continue to lag behind the rest of the world. China was the first country to fully emerge from lockdown world and now has a roaring economy that seeks to dominate over regions like the EU and they may actually succeed. Fortunately, America appears to be headed down the Chinese path and not Europe’s.