What Will This New Wave Of Lockdowns Do To The Global Economy?
Michael Snyder - For a few months a lot of people were convinced that humanity’s efforts to defeat COVID were being successful, and many believed that the pandemic would soon be behind us for good. But now the “Delta variant” is spreading like wildfire all over the globe, and this is prompting national governments around the world to institute a new wave of restrictions and lockdowns.
Needless to say, the restrictions and lockdowns that we witnessed in 2020 were absolutely devastating for the global economy, and many areas of the planet remain economically depressed as a result. As the “Delta variant” continues to spread, will this new wave of restrictions and lockdowns push the world economy into another major downturn during the second half of 2021?
I am extremely concerned about how some national governments are choosing to respond to this new variant. In particular, I think that officials in Australia have gone completely nuts. Now that a third state has implemented new restrictions, more than half of the country is currently under lockdown…
More than half of Australia’s 25 million people were under lockdown on Tuesday after a third state adopted movement curbs to rein in the highly contagious Delta variant of coronavirus. Australia’s infections and deaths are well below other developed nations, but its use of lockdowns, prompted by a sluggish vaccination campaign, is putting pressure on the national government, with polls at their lowest in a year and just months before elections are due to be held.
Once upon a time, I used to recommend Australia as a potential relocation destination.
But I don’t think that I will.....READ MORE
Michael Snyder is a nationally syndicated writer, media personality and political activist. He is the author of 5 books including his latest, Lost Prophecies Of The Future Of America” which is available on Amazon.com. He has four others that are available on Amazon.com including The Beginning Of The End, Get Prepared Now, and Living A Life That Really Matters. Michael allows others to republish his work on other websites because he feels people need hope more than ever before, and its his goal to share the gospel of Jesus Christ.