Discussion posted by: itzfitzhere
The world’s economy is on its knees. The stock market has plunged further and faster than it did in the Great Crash 90 years ago. Trillions of dollars in wealth has evaporated. In the past week, one million Canadians have applied for employment insurance. We lack the capacity to even process those applications, and this is only the beginning. The COVID-19 crisis will turbocharge the populist tide that is already in motion throughout the Western world. The decades-long centrist consensus is endangered, and politics will re-align around a new axis: left-wing populism versus right-wing populism. If you thought politics was angry now, look out.