In the ongoing battle against the global pandemic, belated responses will result in huge human costs and massive economic damage. In Europe, losses are climaxing in the second quarter of 2020.

BEFORE advanced economies — including those in Europe — began to flatten the epidemic curve, they fattened it for 6 to 8 weeks. These Covid-19 delays will prolong the global pandemic and cause secondary waves of imported infections and residual clusters both in Europe and worldwide (for the full story, see my report on the historical Covid damage: https://www.differencegroup.net/coronavirus-briefs).

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