“The pandemic will wrought huge changes in the world, much greater than the 2008 financial crisis. The fact that China has handled the pandemic far more successfully and competently than the United States, and the West more generally, will have far-reaching consequences. Without a vaccine it is clear that Western societies will fail to eliminate covid-19. The 2008 Western financial crisis led to Trump. The pandemic will change the world in ways that we don’t yet understand and cannot predict. The 2020s threaten to be a period of great turmoil, volatility and unpredictability. One thing is for sure: the pandemic will accelerate China’s rise and the US’s decline. This was an online talk given to the Understanding China Conference in Guangzhou 20-22 November 2020.”
How the Pandemic Will Change the World
Published by auntyuta
Auntie, Sister. Grandmother, Great-Grandmother, Mother and Wife of German Descent I've lived in Australia since 1959 together with my husband Peter. We have four children, eight grandchildren and two great-grandchildren. I started blogging because I wanted to publish some of my childhood memories. I am blogging now also some of my other memories. I like to publish some photos too as well as a little bit of a diary from the present time. Occasionally I publish a story with a bit of fiction in it. Peter, my husband, is publishing some of his stories under berlioz1935.wordpress.com View all posts by auntyuta
2 thoughts on “How the Pandemic Will Change the World”
Sobering – food for thought.