A major shock

The current pandemic crisis is a major global disruptor. It will have a complex cluster of impacts in many areas, from the political one up to the behavioural. Some of the consequences might end up by being positive transformations. When I say that I have in mind an increase in the work from home, which saves time and keeps fewer people in crowded and long commutes. I also think of greater investments in preventive health and more equal access to basic health services. On the other hand, it will have dramatic consequences on jobs, on poverty and despair, and on the performance of major economic sectors, including the banking one. The longer this crisis lasts the more complicated the recovery will be. And we have a prolonged period in front of us. This should mean that we must do whatever we can to prevent the transmission of disease.  

The road ahead

This moment in our lives calls for prudence, tolerance, and generosity. These are the values that will take us through the deep crisis we are in. They should be mentioned in every major political statement. Leaders must be brave, truthful and be able to put across such messages. They should also be seen as caring and knowing where we are heading.

A very unequal new world

One of the most damaging consequences of the pandemic will be the augmentation of social inequalities. Some people will not be particularly impacted by the economic crisis that results from the measures taken to combat the Covid-19. They will experience no real change in their lifestyles. But the others, many of them, will see their income disappear or be dramatically reduced. They will be the new poor, finding themselves in desperate conditions. Their numbers will reach new heights, causing a totally distorted social reality and extreme instability. Such a situation will be explosive. The new poor are not used to navigate the poverty waters. They will feel left behind. We should expect if nothing is done to mitigate the misery, a very serious political challenge.

Coronavirus: a complex emergency

The Chinese leaders are deeply concerned with the risks of propagation of the coronavirus. This is a highly infectious disease. It is disrupting the daily lives of millions in China and becoming a major political challenge for the authorities, besides being an extremely complex public health problem. The exceptional measures taken so far cannot last for too long without creating a vast discontentment among the Chinese people, particularly those who live in the most affected region, the Hubei Province. The gravity of the current situation and the fact that it keeps expanding fast explain the attention President Xi and his party’s top bosses are paying to this health emergency.

Calais is a clear example of political weakness

It was again quite obvious that the French authorities have lost the initiative in Calais. The illegal immigrants are just around, at least 3,000 of them, trying to jump into trains and trucks and cross into the UK. They roam around freely and the police can only react when there is an attempt to board a vehicle.

The point is not about the police. It´s about the political masters losing control of the situation. This is just an example of the lack of political response we see in many parts of the European space. With time the problem will grow much bigger.