The government of an advanced industrialised country may choose to engineer a sharp rise in unemployment in an attempt to restore profitability, or it may choose to try to cut wages. But both stratagems entail high risk. Combining the two is exceptionally high risk. Under the cloak of the public health crisis which their own policies have helped to create, the current government is attempting such a strategy.
After three years in office Macron’s reputations is damaged, due to his management of the Gilets Jaunes protests, pension reforms, the COVID pandemic, and his authoritarian stance. He has turned to a witch-hunt against Muslims and anyone fighting Islamophobia in advance of the 2022 presidential elections.
The government neither has the infection rate under control, nor a strategy to eliminate it, and therefore zero prospect of a successful economic recovery on any basis at all.
Analysis – setting out why it is vital both for China and the whole of humanity that this US ‘cold war’ assault on China is defeated.
The upturn in new coronavirus cases in Britain has become so marked that even the Tory government, its media and the supportive Labour leadership cannot ignore it. Instead, the government has admitted a ‘second wave’ is on the way, is openly toying with idea of a second national lockdown and then immediately turned to blaming the public for the spread of the virus.
The US continues to have the largest total number of cases of COVID-19. In the last month, China has had zero domestically transmitted COVID-19 cases.
The difference in their response to COVID-19 is staggering.