Blain: “Massive Consequences Are Coming…”

“…replacing the invisible hand of markets with the dead hand of state control is one route to disaster.”

“For every economic release that seems to suggest underlying global economic resilience, it feels like there will be an “equal and opposite” force in the form of renewed social distancing, travel restrictions or even lockdowns as second waves or hot-spots threaten. Renewed restrictions feel likely to strangle any real recovery.  It’s not just me that’s wondering if this is any way to run an economy…

Headlines everywhere are about how the insidious little Virus-beast is wrecking our lives and economies. I can’t help but wonder… what if some tech genius could invent a gizmo that automatically deleted every file, clip or meme that mentions the virus or pandemic from the internet, the media and wiped our memorieswould we have a problem?  Where is Will Smith when you need him…”

https://www.zerohedge.com/markets/blain-massive-consequences-are-coming