There was ample evidence that the cost of all this is breaking normal people. Remember Gillet Jaunes? Brace for much more of this as the cost of those follies pushes people successively beyond the point of survivability. Politicians are used to printing a lot of money to solve those problems and COVID gave them a brand new excuse for doing so. But it’s all going to end badly. Every bubble has its pin.
Economic decisions in 2020 will set course for international climate change efforts for decades to come.