RE: What is slowly emerging10 Aug 2021 09:53
Hi Tornadotony,
Unfortnately I feel the pandemic is going to take some years to subside, which means goverments will need to keep stimulus going, then after that there will be so much debt they will have to stimulate to inflate the debt away.
A renowned epidemiologist says the coronavirus pandemic is far from over due to not enough vaccines being available for every country.
Dr Larry Brilliant, who was a medical officer in the World Health Organization's (WHO) smallpox eradication program, says not enough people around the globe have been vaccinated against COVID-19.
He told CNBC's Street Signs that only 15 percent of people in the world have been immunized with some countries not even inoculating five percent of residents.
Brilliant also addressed the spread of the Indian 'Delta' variant and sad it was the most infectious he had ever seen in his career.
'I think we're closer to the beginning than we are to the end [of the pandemic], and that's not because the [Delta] variant that we're looking at right now is going to last that long,' Brilliant told CNBC.