Economic shift

Business is booming for companies that offer goods and services to people who are not physically gathering together. Amazon and Netflix are but two examples of companies that are reaping the benefit of these strange and tragic times.

Yet at the same time, retail outlets, entertainment venues and transportation services are being devastated. Many will not be around when the pandemic is over.

Are we witnessing a permanent economic shift? Will the result of this pandemic be a fundamental realignment of local and global economies?

In two hundred years, historians will have the luxury of looking back, with the wisdom of hindsight, on the long term economic impact of the year 2020. I wonder what they will see.

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