The Pandemic was a depression level event in the second quarter. Poor policy will prolong the rebound and risk a permanent change in consumer behavior.
A slowing economy meets a Pandemic. Political malfeasance may deliver the Depression.
A weak economy is walloped by the Pandemic. A science-driven response may improve European competitiveness versus the US.
Quick action avoids a calamity in Asia. The prior growth miracle, however, may be ending.