bumblingbovine49
I'd say a worldwide pandemic has caused supply chain issues rather than lockdown but we won't ever be able to prove that so it is a pretty pointless argument
Not true, and very easily proved. The lockdown caused supply chain issues i.e. people not at work in factories making things, not at work assembling things, or growing things, or creating things, not at work packing things, shipping things, etc.
It was clearly not the virus that caused supply chain disruption, it was the global response to it.
I also predict that we will have a post pandemic boom in the economy (like the 1920s after the war and the 1918 pandemic)
Possibly, but if so, it will be hand in hand with high inflation while debt outstrips GDP. Inflation is of course the only reasonable option available to us to deal with the massive debt burden to GDP in the western economies. Debt default would be unpalatable.
It is also possible that we have a massive deflationary crash before any boom. But don’t rely on the “pent-up demand” myth.
Of course that was followed by the 1930s which were not so economically rosy and then another war,,,,,,. Etc etc
Indeed. Watch Taiwan. Global powers are shifting.