The economy may never be the same

The coronavirus pandemic and the global government responses to contain it, from lockdowns to massive public spending and borrowing, will have huge consequences in the coming years, argues The Economist. Primarily, the crisis will accelerate trends that were already growing: more saving, low interest rates, less globalization, e-commerce, remote work, along with online education and health care. There will also be more great power conflict, trade disputes and growing wealth disparities.