Ugene Magic
EVIL LAUGH
Even early into the pandemic I remember seeing studies that showed that the economies that recovered fastest from the Spanish Flu were the ones that took put in place the earliest and most aggressive measures. Obviously that was 100 years ago and the situation is not quite the same, but that article certainly indicates that a similar pattern may be emerging here.
I imagine that it's going to be extremely tough to study those effects this time though since this pandemic won't just end naturally, it will be snuffed out by vaccines. Different countries are going to get different vaccines at different times. A developing country that might be handling the pandemic relatively well right now, might not actually recover quickly simply because the pandemic might last longer there than in a wealthier country simply due to not having immediate access to a vaccine.
You can't even use the Spanish flu for Covid. Times are completely different being the size of population and ease of travel compared to back then.
This is uncharted territory. Small business is much more pronouced this go around. Times should suggest the impact should be far worse.