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Recovery lies in our our own hands, not in slogans or government’s

Columns 8 months ago

Despite what you may have been told, there is no ‘new normal’. There is only the ‘old normal’ of kids that must go to school and bills that must be paid, but this will require some lateral thinking.


23 Jun 2020
PREMIUM!
Recovery lies in our our own hands, not in slogans or government’s

Picture: iStock

What goes up must come down. What drops should surely bounce. But if the laws of gravity apply to simple economics as the V-shaped recovery post Covid-19 suggests, then we should start believing in fairy tales. Drop a ball. Watch it bounce back. Watch it drop again and keep doing so until you notice it has exhausted itself. The pattern paints a clear picture of where most South Africans find their earning potential right now. For exhausted individuals and businesses, after an eternity of lockdown, the much-publicised V-shaped recovery is little more than a new slogan. Newton’s law of gravity...

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