They had no pandemic plan and the economic/financial plan was done on the fly.  Lord help us if they haven’t started on an “exit plan” yet.

Amazing to see how fast some people retreat to their favourite hobby horses when it comes to policy, politics and their world view – even in the face of an unprecedented crisis.

Millions unemployed. Even more feeling the financial pinch. Businesses closing their doors. And they still went through with it.

There are no shortage of conspiracy theories surrounding China and COVID-19 but it’s no theory to suggest that China’s numbers were dangerously misleading. Their own officials admit it.

Forget the politics – there will be plenty of time for the trivial later. We have a major liquidity and credit problem that has been exacerbated by COVID-19 but not caused by it.