The Rising Influence of Rising Affluence

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UK and Germany Both Merkel and Johnson acknowledged in the last 2 days that spread of Covid-19 is unstoppable even though the numbers in Germany looks low in comparison to others currently. They talked about slowing down the spread via the same CDC guidelines that we have here. Lots of hand washing and social separation. Germany seems the most well prepared wrt having economic programs ready to address short term loss of income and sick leave. Johnson conveyed inevitability of some deaths and said uncoordinated international travel ban is too little too late. It's time for some honest communications here as well given out state of preparedness in comparison. On a somewhat brighter note, Chinese luxury shoppers are returning to malls.

https://www.bloomberg.com/news/articles/2020-03-12/luxury-shoppers-in-china-emerge-from-quarantine-to-buy-again