But if you are asking how severe the pandemic and its aftermath will be around the world, this still sounds about right. The same cannot be said however for predicting the geopolitical impact, even if you discount the capricious likes of President Trump. But price falls and mass unemployment could just as easily facilitate an asset grab bonanza for the global 1%. Some megatrends such as Bangladesh’s demographic dividend ought to draw more ou-sourcing from China over the coming decade, whatever happens. If the pandemic and its aftermath are going to send Bangladesh more snakes, it urgently needs to build more of its own ladders.

Source: Dhaka Tribune May 28, 2020 14:26 UTC