Lockdown, medical tyranny, economic and fiscal damage

Six years ago I wrote in this column the initial impact of lockdowns in some countries on GDP in the first quarter of 2020: the Philippines -0.2%, Thailand -1.8%, Japan -2.0%, Singapore -2.2%, China -6.8% (“Growth lockdown and low carbon economy,” May 20, 2020). The full-year 2020 contraction of the Philippines was -9.5%. It was […]