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Originally Posted by Work Horse
There is no debating the world economy is in for a very rough time because of the Covid-19 pandemic. Attempting to lay the blame for the economic fall out on this government or that government will distract us from the huge challenge we need to face united. Remember the national cabinet at the start of this thing? That is how governments can work for the people that elected them, when they focus on us and not political point scoring for themselves. As has been said when this pandemic is over we will be feeling the economic repercussions for much longer.
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No matter what our govt does foreign tourists are not going to get on a plane with their fellow countrymen unless they can be confident of not getting infected on the trip. I would be interested in seeing the cost of a current travel insurance policy and what it will cover.
Foreign students are not going to come here either unless their parents feel they can travel and live here safely. Together these two sources of revenue account for a lot of our economy and there will not be a full recovery without them.
I still hold out hope that the rollout of a vaccine will put us into recovery in the latter part of next year. Two things are needed for that to happen; a massive effort to produce and distribute the shot and the scientists to get it right.