Why dreams of easy coronavirus recovery crumble in face of reality

As social restrictions from months of coronavirus isolation ease around the world, there’s growing optimism that perhaps the worst of the Covid-19 pandemic is over. Maybe all this talk of a dreaded global recession was just the fever dream of pessimistic economists.Hope springs eternal, but it doesn’t pay the bills. If the United States and other countries had actually taken steps to stem the spread of the virus, perhaps employers could resume hiring and consumers would get back to spending…

Read the original article at South China Morning Post