Business

Global economy: The coming wave of lockdowns

The latest economic numbers showed record growth last week, but nobody is celebrating, said Courtenay Brown and Felix Salmon at Axios. The emergence of much of the country from lockdown led to a startling economic growth of 33.1 percent in the last quarter. But that number is deceptive. The economy is slowing again, and it’s still “as far below its peak as in the darkest days of the last recession.” The good number on economic growth also hides a lot of variation — and suffering.

Source:

theweek.com

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