How the virus will change us
It's the steepest, sharpest shock since the Great Depression and the biggest social and business disruption since WWII. What shadows will the coronavirus pandemic cast over our future?
An unusual sight: the empty public spaces around the Eiffel Tower as France remains locked down. AP
What a difference a crisis makes. Or does it? After the 1970s oil shock, we thought about economics differently but we stuck with the combustion engine. After Black Monday in the 1980s, and after the 2001 tech wreck, we just went back to doing what we did before. But after the all-consuming COVID-19 pandemic, what?
This crisis could be in a class of its own. As Commonwealth Bank chief executive Matt Comyn told The Australian Financial Review last week: "None of us has ever seen anything like this in our lifetimes."
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