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Monday, 6 April 2020

The world will change

There is lot of grumbling with China as main reason for the today’s scenario. Was it? wasn’t ? Still unknown. But suspect will loom large in post Corona world. West or East , the world will become a lot different in the way, it deals with China or the way it’s basic economic and political philosophy has been drafted.The pain of loosing people is much more than the past world wars. The no of affected people and death is swelling everyday.The economic impact is expected to be far bigger than the Great Depression. Job losses will be in millions. Hardly a country is left which is unscathed. The rupture has destabilised the equilibrium which was shifting in one direction.Some bigger countries like India is still struggling to shrug it off but would be difficult for her like any other nation. The prolonged fear creates a lot more hatred than the sudden death in natural calamities.The trade relations will not be same.West needs to find a better and trustful manufacturing place, which could be Far East...Africa...Latam ... or even India.The trust has gone. In fact , there is a chance that globalisation will take reverse gear. The world might want to live more virtually than physically and interconnection of supply chain would either cease or will have different dimension altogether. The protection of citizens will take center stage than the growth aspirations. The free movement and tourism which is real root cause why this epidemic become pandemic might lead to fragmentation of blocks and more tighter norms on movements.Liberals will be perhaps seeing the end and rightist would be bubbling.The countries who can survive with internal consumption may start thinking indigenisation more vigorously . The countries who thought,I can survive without farming by importing items may start thinking otherwise. The balance of economy would require an imminent design while minimising the over dependence on one country or geography.The economies and societies would be build which are more durable, and more humanly habitable, than those that were dependent to the skewness of the global market. The health care which is largely neglected in third world and overly priced in developed countries will shift gears and engine would be overhauled. The world cannot survive without enough hospital beds, having their own testing kits and ventilators, enough raw materials to produce the drugs. this cannot remain out of the reach of common man. The tough times has thought how one can survive just by meeting the basic needs and majority of the work can be done without fancy offices, education can be imparted remotely. The family values which had broken might come back and business models will thrive which could support this enable closer physical socialisation. It would not be surprising. If the world move away from eating meat to a certain degree if not completely, become more vegan and start enjoying agriculture again. I am not an astrologer but not shortsighted person either ... let’s see next 1-2 years. Meanwhile, praying to God ... please stop this.....the lesson has been learned now.

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