Tag Archives | the Great Lockdown

  • Ha Manh Thang, Not Memory no. 1, 2009.

    Either socialism will defeat the louse or the louse will defeat socialism

    The International Monetary Fund (IMF) says that the Great Lockdown, which has no end date, could very well lead to a loss of $9 trillion to global Gross Domestic Product over the entirety of 2020 and 2021; this number is greater than the combined economies of Japan and Germany. This scenario, the Fund’s managing director Kristalina Georgieva admits, ‘may actually be a more optimistic picture than reality produces’.