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Is Democracy Dying before our Eyes in America?

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Eternal Vigilance is the Price of Freedom” –Thomas Jefferson “And at the end they go crazy”   –Giambattista Vico

[yt_dropcap type=”square” font=”” size=”14″ color=”#000″ background=”#fff” ] J [/yt_dropcap]ohn Adams, the second president of the United States, did a study on the life of Republics from their inception all the way to the 18th century. To his great surprise, he discovered that they all died, sooner or later. In other words, they were mortal. The ones who lasted longer were what he calls “republics of virtue.”

By republic of virtue Adams meant a polity based on the rule of law, concern for the common good of the whole polity, rationality, justice, personal virtues such as courage, honesty, sobriety, wisdom, harmony, enterprise, magnanimity. These were the virtues as enunciated by the ancient Greeks’ ethical treatises, considered essential components of personal as well as collective well-being.

Rome could also function as an example of that stance toward republicanism, at least at the beginning. That may explain why it lasted so long, some 500 years as a Republic based on democratic principles of people’s representation via the Senate. It was built on a solid political foundation.

But as that other great observer of republicanism in Roman history, Giambattista Vico, well observed, it too eventually succumbed to the process of an historical law wherein republican polities begin with a basis in necessity and a need to survive (the poetical era of the gods), continue with a basis in utility based on prosperity (the era of the heroes), and finally, as he puts it, they become corrupt with abundance and luxury and “they go mad” (the era of men) The process of “madness” comes in the third and final cycle. Then the process repeats itself and from extreme rationalism there is a gradual return to the poetical.

That is to say, at the end republics manage to destroy themselves. The destruction happens interiorly, with the corruption of the essential moral core of the republic based on virtue. And this was the second great surprise to Adams: they did not succumb to external invasions by fierce enemies; they committed suicide.

The best example of that sad situation is to be found in Roman history in the reign of Caligula which was the culmination of imperial corruption. Prominent on stage, at that time, there was a deranged emperor sitting on top of a pyramid of power which had lost even the memory of its virtuous republican heritage.

He was a vindictive sort of fellow and thought of himself as a magnificent god before whom his subjects had to kneel in adoration, even when he presented himself naked in every respect, especially the moral sense. Few dared shout that the emperor is naked. In effect, the Romans had become sychophantic narcissistic idolaters worshipping themselves. Caligula was the supreme representation of that narcissistic idolatry. Rome worshipped itself as a goddess. It was nothing less than the beginning of the end.

Enter Thomas Jefferson: he agreed with Adams that virtue was essential but added that it was also important to keep up one’s guard and not sleep on one’s laurels, so to speak, and not take the democratic system, as brilliant as it might be, too much for granted. That too can be corrupted. Hence he coined the famous dictum: “Eternal vigilance is the price of freedom.”

When Jefferson counseled “eternal vigilance” he did not mean the installment of a powerful invincible army buttressed by state-of-the-arts weapons that would keep the peace world-wide (the pax Americana, similar to the pax Romana), but the preservation of the virtues on which the republic had been built: its democracy, its checks and balances, its freedom of speech, its Constitutional guarantees, its bill of rights, its freedom of religion. Unless those were preserved, Democracy would eventually turn into a shamble of sorts. Democracy can be powerful in a military sense, but to remain a democracy, its foundations cannot be based on sheer power, in a Machiavellian mode, so familiar to European nationalism, but on virtue as the Greeks and early Romans understood it.

Let’s now briefly look at the present situation. The parallels between Trump and Caligula are uncanny. Undoubtedly we still have all the trappings of democracy in America: three branches of government, elections, congress, executive, judicial, constitutional guarantees of human and political rights, free unfettered debates.

All this in theory. In practice we have an electorate of which 50% and more does not bother to vote; of the other 50% approximately 25% have opted to vote for a madman who has somehow managed to become a president by the subversion of democracy even if never won the popular vote (which he lost by 3 million votes). He won mostly by electoral college count and, most importantly, by harnessing the help of an undemocratic foreign power run by authoritarian oligarchs, Putin at the forefront. That remains to be investigated.

To be perfectly truthful and frank, the whole process was rigged and fraudulent. Had Congress insisted on the revelation of Trump’s tax returns, as all other modern presidents had done, his financial connections with Russia, going back 30 years, would have come to the surface and would have revealed malfeasance and corruption. He has no intention of doing so, and the Republican controlled Congress has no intention, so far, to demand the disclosure; which in effect means that they are in on the malfeasance.

This illegitimate president reigning like Caligula and demanding constant adulation, has so far fooled some 40% of the electorate by making it look like populism: he feigns to be for the people and by the people. In reality he has surrounded himself with “fat cats” who are beginning to show their bias for tax cuts for the rich and diminishment of social benefits for the poor and middle class, not excluding their health insurance. This is in process as we speak.

Behind the scene, pulling the strings, there is his strategist Steve Bannon, who is in possessions an historical theory of clash of civilizations and white supremacy. His allies are those who believe that there is an alternate government at work (consisting mostly of Intelligence agencies) which they call “deep alternate government.”

It stand to reason that the enemy would be perceived to be intelligence agencies, globalization in any shape or form, the liberal media, and, by default, genuine democracy itself. And that is exactly what we have been witnessing for the last few weeks. Few pundits and media experts have shouted “the Emperor is naked.”

The allies, on the other hand, are perceived to be “white supremacist” authoritarian fascist-leaning nations like Russia or Hungary who have little use for democracy and social justice. It’s all “grab what you can” for yourself, at the personal and collective level and to hell with democracy.

We have now reached the sorry stage when some 30% of Americans have more sympathy for Russia than for our traditional allies in the European Union. The same people continue deluding themselves that they live in a thriving democracy. I suppose derangement is like a disease: it spreads exponentially.

So the urgent question resurfaces: are we witnessing the beginning of the end of American and Western democracy as we know it? Will Jefferson’s dictum come back to haunt us when America and the EU will have destroyed themselves by destroying their own principles and ideals? Indeed, Jefferson had in on target: “eternal vigilance is the price of freedom.”

Let me end with a modest proposal. The Romans had in place a system of emergency in case of a political disaster. It was the equivalent of desperate measures to confront desperate situations, like a Hannibal, for example. We should install such a measure, democratically installed and approved, of course: when the republic is in mortal danger, and it is discovered that a national election was rigged and fraudulent, it should be declare null and void and the citizens be invited to return to the urns and vote again, this time in a legal and fair mode. Any takers? Let those who have ears, let them hear.

Professor Paparella has earned a Ph.D. in Italian Humanism, with a dissertation on the philosopher of history Giambattista Vico, from Yale University. He is a scholar interested in current relevant philosophical, political and cultural issues; the author of numerous essays and books on the EU cultural identity among which A New Europe in search of its Soul, and Europa: An Idea and a Journey. Presently he teaches philosophy and humanities at Barry University, Miami, Florida. He is a prolific writer and has written hundreds of essays for both traditional academic and on-line magazines among which Metanexus and Ovi. One of his current works in progress is a book dealing with the issue of cultural identity within the phenomenon of “the neo-immigrant” exhibited by an international global economy strong on positivism and utilitarianism and weak on humanism and ideals.

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Gallup: Trump Globally the Least Respected U.S. President This Century

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On January 15th, the Gallup World Poll issued its preliminary report for their upcoming “Rating World Leaders: 2021” report. It shows the results that have been tabulated for 60 of the 135 countries where they annually sample global public opinion about U.S. leadership. One especially clear finding from it is that when their final report for all 135 countries will be issued, it will show that among the three U.S. Presidencies on which Gallup has internationally surveyed — which are only the three U.S. Presidents in this century — Trump is clearly the one who is globally respected the least, even lower than George W. Bush was respected.

Here are the findings, in each of the 60 nations, and the percentage increase or decrease from Gallup’s last completed survey report, “Rating World Leaders: 2020”:

“Approval of U.S. Leadership Across 60 Countries and Areas”

“Do you approve or disapprove of the job performance of the leadership of the United States?”

%  “Approve”:

  • Dominican Republic, 66% was 56% in 2020
  • Cameroon, 62 was 61
  • Georgia, 61 was 43
  • Zambia, 56 was 26
  • Albania, 56 was 67
  • Philippines, 55 was 58
  • Uganda, 53 was 47
  • Mauritius, 50 was 59
  • Zimbabwe, 50 was 59
  • Ecuador, 43 was 34
  • Colombia, 42 was 41
  • Moldova, 40 was 45
  • Brazil, 40 was 38
  • Japan, 39 was 34
  • Kyrgyzstan, 34 was 32
  • Namibia, 34 was 31
  • Bulgaria, 32 was 26
  • Cambodia, 32 was 49
  • Hong Kong, Special Administrative Region of China, 31 was 31
  • Poland, 30 was 59
  • South Korea, 30 was 41
  • Bolivia , 30 was 31
  • Australia, 29 was 23
  • Taiwan, Province of China,    28 was 40
  • New Zealand, 26 was 17
  • Mexico, 26 was 17
  • Malta, 26 was 30
  • Ethiopia, 25 was 37
  • Argentina, 24 was 26
  • Ukraine, 24 was 32
  • Greece, 21 was 19
  • Croatia, 21 was 25
  • Morocco, 21 was 22
  • Serbia  , 20 was 19
  • Ireland, 20 was 30
  • Finland, 20 was 20
  • Slovenia, 19 was 20
  • Cyprus, 19 was 27
  • Tunisia, 19 was 24
  • Italy, 19 was 22
  • France, 18 was 23
  • Russia, 18 was 11
  • Netherlands, 18 was 20
  • Canada, 17 was 22
  • Spain, 17 was 23
  • Chile, 16 was 16
  • Estonia, 15 was 17
  • United Kingdom, 15 was 25
  • Denmark, 14 was 24
  • Turkey, 13 was 12
  • Slovakia, 13 was 28
  • Norway, 12 was 15
  • Portugal, 12 was 14
  • Belgium, 12 was 17
  • Sweden, 11 was 12
  • Switzerland, 10 was 13
  • Austria, 9 was 11
  • Iran, 6 was 6
  • Germany, 6 was 12
  • Iceland, 5 was 9

Remarkably, Gallup doesn’t poll in China on this question. (Nor does Pew.)

Notably, Trump is more disapproved-of in Europe than in any other part of the world. (Also, as Pew reported on 16 December 2020, “In Europe, more trust Putin than Trump.”)

Those percentage-changes that we’ve just shown total to a decline, among all 60 countries, of 121 percentage-points (-121%), or, almost exactly, a -2% change from the 2019 findings that had been reported in Gallup’s “Rating World Leaders: 2020”.

Gallup says that “until all of Gallup’s 2020 fieldwork is complete in a few months, it is still too early to say that the U.S. will see its worst ranking in the history of Gallup’s World Poll.” However, Gallup’s “Rating World Leaders: 2020” report covered 135 lands, and the 60 lands that they have tabulated as of now, for the 2021 report, seem to be a representative sampling of all of those 135, and collectively those 60 populations have reduced their respect for America’s leadership by 2%. In the 2020 report, the global level of approval for America’s leadership was 33%. The all-time-low had been the 30% figure in 2017, Trump’s first year, a finding which was based on Trump’s promises, not on his performance. The upcoming final Gallup report “Rating World Leaders: 2021” will — if the results from those 60 lands do turn out to be representative of the global findings — produce a 31% global approval level by all of the approximately 135 lands that will be covered in it. For each of Trump’s four years, then, the global percentages will have been (for each one of his four years) 30%, 31%, 33%, and (now, in his final year) 31%. Each year, it was even lower than the prior record low, of George W. Bush, had been, at 34% in 2008

There was higher disapproval than approval of America’s leadership during the Presidencies of George W. Bush and of Donald Trump than there was approval of either U.S. President’s leadership. Strikingly, however, there was higher approval than disapproval during (and throughout) the two terms of office of Barack Obama. That Nobel Peace Prize winner was/is internationally admired. (Crazy, but true: he was an international charmer.)

Here are summarized (with links to the evidence regarding) the actual chief international achievements of each of these three U.S. Presidents:

George W. Bush: destroying Iraq, and destroying Afghanistan.

Barack Obama: destroying Syria, and destroying Ukraine, while continuing Bush’s destructions of Iraq and of Afghanistan.

Donald Trump: destroying Iran, and destroying Venezuela, while continuing his predecessors’ destructions of Iraq, Afghanistan, Syria, and Ukraine. He also made the destruction of Palestine even worse than it had previously been.

So, the question regarding incoming U.S. President Joe Biden will be whether he will continue this tradition further, or reverse it. Because, it’s really all the same tradition, throughout all three U.S. Presidencies this century. By contrast, global perceptions are that those three U.S. Presidents were drastically different from one another.

On 15 September 290290, Pew bannered “U.S. Image Plummets Internationally as Most Say Country Has Handled Coronavirus Badly” and reported that:

The publics surveyed also see Trump more negatively than other world leaders. Among the six leaders included on the survey, Angela Merkel receives the highest marks: A median of 76% across the nations polled have confidence in the German chancellor. French President Emmanuel Macron also gets largely favorable reviews. Ratings for British Prime Minister Boris Johnson are roughly split. Ratings for Russian President Vladimir Putin and Chinese President Xi Jinping are overwhelmingly negative, although not as negative as those for Trump.

Right above that was this graph, which shows starkly the false European perception that Barack Obama was vastly superior to George W. Bush and Donald Trump:

Apparently, most Europeans have no problem with a U.S. President who continues America’s use of torture, and who continues America’s legal immunity of prosecution for banksters, and who imposes ethnic cleansing abroad, and who aims for achieving a U.S. first-strike ability to conquer Russia by a sudden nuclear blitz attack. Style is everything, for them; substance is nothing, to them. Why didn’t they like Hitler? Is it only because he did it to them?

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Why won’t Bowdich evoke 9/11 now?

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“Day of fire”. That’s how House Speaker Nancy Pelosi referred to the Capitol insurrection, which happens to be the exact same phrase President George W. Bush used on the occasion of 9/11. That is not coincidental. But why won’t the FBI draw 9/11 parallels now?

In spring last year, when I was running for UN Special Rapporteur on freedom of speech, in a leaked memo to the New York Times, FBI Deputy Director David Bowdich was quoted in a reaction to the Black Lives Matters protests. Bowdich maintained that the protesters should be arrested under an outdated racketeering law from the 1940s. The leaked memo showed that Mr Bowdich considered the social justice movement “a national crisis” comparable to 9/11. The hundreds of thousands of people mourning and marching across the country, unified by the simple thought that no life should be taken lightly, for nothing, were actually similar to terrorists in the eyes of the FBI who wanted to charge them as racketeers. Why won’t Bowdich evoke 9/11 now, when it comes to far-right actual terrorism? We are talking about plans to blow up buildings and assassinate law-makers.

There is evidence appearing now through the courts that the Trump mob indeed intended to capture and assassinate congressmen. A new court filing by federal prosecutors says that Trump supporters intended to “capture and assassinate” elected officials during the Capitol riot.

The FBI has a misplaced terrorism obsession with the progressive left, while lightly ignoring the far-right, which is by far the more violent and much more organized group. The Capitol events security mishandling demonstrated a different attitude when it comes to the latter group.

There is a difference between street clashes with police in social justice protests that have gone overboard and have turned violent, on one hand, and placing bombs at political buildings, plans to kidnap and assassinate politicians, and violent usurping of the certification of a democratically elected president. The difference should be obvious, and yet the FBI is pursuing its obsession with the left voices, largely ignoring the violent extremists and the real violent terrorism threat on the far right, as recently revealed by an Intercept investigation.

In a public statement, the FBI made sure that the public understood its own misguided standard used in the threat assessment in the Capitol attacks by the Trump mob, namely the aspirations vs intentions test. The FBI official explained that the FBI needs to consider that some online activity and planning by the far right could simply be “keyboard bravado”. So, “keyboard bravado” is now the new “locker room talk”.

It is not surprising that the FBI uses different standards to assess the threat on the far-left and on the far-right. Former FBI director Hoover called Martin Luther King “one of the most dangerous negroes in America”. MLK was far from a hero for the FBI. It is not uncommon for the FBI even today to mischaracterize center-left voices of reasonable progressives who are anti-violence, pro-rights and pro-equality as far-left anarchists and communists, magnifying the threat on the left while ignoring the bigger threat on the right. Calling reasonable center-left Democrats anarchists and communists is a classical President Putin move. Let’s recall that ahead of the presidential elections in November, Russian President Putin endorsed Biden and the Democrats as communists whom we would get along with, in order to discredit them.

Let’s look at the actions and the security measures present around the two types of crowds. In a recent interview I wondered why FBI deputy director Bowdich won’t evoke 9/11 now in relation to far-right terrorism, in the context of the methods that the FBI sometimes uses to suppress and deal with progressive voices.

The FBI have opened mow many cases for “domestic terrorism” into the Capitol attack and it is true that they are saying that they are treating these cases as “international terrorism” but where is the FBI public condemnation of terrorism? We have not seen public statements by the FBI director Christopher Wray and FBI deputy director David Bowdich. Why won’t Bowdich come out and evoke 9/11 now, just like he did with the Black Lives Matter movement?

America has a long way to go to recover from the damage that Trump and his cronies spread across the various US agencies have done to democratic principles and human rights. The Trump institutional capture of key agencies such as the FBI and the CIA, let alone DOJ, has led the country into a downward spiral. I myself just launched a $1 UN lawsuit against the Trump circle at the UN, in attempt to clear the Trump circle also from the UN.

The capitol events were an embarrassment for the FBI who failed the due diligence standard of the reasonably expected measures that should have been taken in a similar situation because they were dealing with the President’s supporters. Then, the FBI decided to justify their inaction with the false “keyboard bravado” explanation, which does not explain anything.

The FBI are now running social media campaigns for the collection of evidence on suspects in the Capitol attacks but the truth is that the FBI does not need random people to phone them and point them to the bad guys. The FBI follow these groups and people, they know everything. It’s just a question of choice as to when to bring out the collected over time evidence. The FBI is in a hurry now only because there is public and social pressure to do something. All of America is watching what will happen to the bad guys.

A couple of days ahead of the Capitol events, I noted on Twitter that Homeland Security acting Secretary, Chad Wolf, was on a trip to Cyprus, while America was “burning”.  The Cyprus frictions in the European Mediterranean seem like a holiday now, in comparison to the Capitol events. Several days later, Wolf resigned.

With the news that President Trump intends to issue over 100 new pardons during his last two days in office, the question of justice for the Capitol events is as relevant as ever, as it is reasonably expected that some of the pardons could relate to the Capitol attacks.

It is safe to say that former Attorney General Bill Barr is not missed by many people. The Trump supporters’ cases would not have received fair treatment at the Department of Justice under his watch. The new Attorney General in the Biden Administration, judge Merrick Garland, in fact, might discover that many cases from the Bill Barr time will have to be reopened.

The top security priority now is President-elect Joe Biden’s inauguration on Wednesday, 20 January, while Trump holds a separate rally. The Capitol events served as a warning.

Looking forward, it is time for American democracy to demonstrate its elasticity. And legal justice necessarily has to be a part of that, ignoring phony calls for “unity” and “healing” made by the criminals themselves who are trying to escape justice now.  There can’t be unity without ensuring justice first.

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Latin America and China: The difficulties in relations and Covid-19

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The relations between China and Latin America have developed positively, but some problems and challenges are also being faced. Firstly, the intensified strategic and economic competition between China and the United States has increased the negative impact on the relations between China and Latin America. Trump’s Administration already used zero-sum competition and Cold War mentality to mark Sino-U.S. relations, believing that China’s rise in Latin America could upset the U.S. order in the Western Hemisphere.

Back in February 2018, during a visit to Latin America the then Secretary of State, Rex Tillerson, said that China was using its economic influence to bring Latin America into its sphere of influence, and criticised it as seeking a new imperial power for its geopolitical expansion.

In 2018, Rand Corporation published the 400-page report At the Dawn of Belt and Road. China in the Developing World. The report pointed out that China’s contacts in Latin America and its geopolitical advantages held back the U.S. presence in the region.

Specifically, the report explored China’s economic, political and security roles in Southeast Asia, Oceania, Central Asia, South Asia, the Middle East, Africa and Latin America and the Caribbean.

The report also analysed China’s bilateral relations with key States in each region. Finally, it dealt with the negative consequences of the Chinese strategy towards developing countries for the United States. Therefore, it maintained that strategists and decision-makers in the Armed Forces, and all U.S. military staff, needed to focus on China and anyone interested in developing international relations with that country. An attitude of threat not only towards China.

Another factor preventing – at least apparently – the development of China-Latin America relations is the retreat of Progressives and the advance of Conservatives in the landscape of political change in the Subcontinent: this poses a challenge to the development of mutual relations.

2017 and 2018 were general election years in thirteen Latin American countries. In Brazil, Argentina, Chile, Peru and other countries, the old traditional and left-wing parties lost elections. Therefore, Latin America is divided into two camps: one is the left-wing one represented by Cuba and Venezuela, and the other is the right-wing camp composed of Brazil, Chile, Colombia and Peru.

Conversely, the fast development of China-Latin America relations from 2003 to 2013 was favoured by the political atmosphere of the left-wing camp. Currently, however, the transition from the Left to the Right tells us that some countries rely on the United States in terms of development projects and ideologies. Therefore, the political transition has become an additional challenge for the development of relations between China and Latin America.

Another crisis point is the impact of the pandemic. Here are some data regarding the Covid-19 cases until January 17, 2021:

Latin America: 16,753,447

North America: 23,091,187 (USA: 22,423,006; Canada: 668,181)

Europe: 28,291,217

Asia: 18,549,010

Africa: 3,059,974

Oceania: 56,556

Latin American countries record relatively high urbanisation rates, with peaks of 70-80%. Large cities are very densely populated, with a high percentage of informal employment and weak national control abilities, which create the conditions for the spread of Covid-19.

On the other hand, the United States-which is the worst affected country in the American Continent – has increased the repatriation of illegal immigrants from Mexico and Central American countries for reasons of epidemic prevention and control, thus further aggravating the situation in these already disadvantaged countries.

Why is the pandemic in Brazil so severe? The indifference of President Bolsonaro’s government towards the epidemic, as well as ineffective measures and omissions in control are the main reasons for the spread of the epidemic in Brazil. The first case was discovered in Brazil on March 12, 2020 and the epidemic soon began to spread throughout the country, which currently records 8,131,612 cases and 203,580 deaths.

Brazil’s former Health Minister, Nelson Teich, advocated isolation, but Bolsonaro’s philosophy is different. He believes that imposing quarantine curbs economic development. Health Minister Teichresigned. The new Minister is Gen. Eduardo Pazuello, who has no medical training and no experience in managing public health disasters.

An official of the Brazilian Ministry of Health said that the number of people infected by the pandemic is officially eight million, but it has actually exceeded ten million. This unprecedented public health crisis has triggered economic recession and could lead to new social unrest. These are all new challenges.

The impact of Covid-19 on the entire Latin American region is very severe. According to the World Bank statistics, it has been the most severe crisis ever since the Great Depression in the 1920s and 1930s. The blow to the region is reflected mainly in four aspects:

1) exports have declined.

2) The prices of raw materials have fallen. Due to reduced demand, prices have inevitably fallen. Recently, everyone has seen a drop in copper prices, especially as Peru and Chile, the copper mining centres of the world, have been forced to close their mines due to the impact of the pandemic.

3) Tourism has collapsed. Latin America is a kind of cultural-exotic attraction for North Americans and Europeans. With Covid-19, there is no way for tourism and passenger transport to go back to the traditional levels of normalcy.

4) The inflow of remittances has decreased significantly. They are one of the main driving forces for economic development in the area, especially in regions like Central America and countries like Mexico.

The Latin American immigrants working in the United States put aside the money they earn and send it to their families – a key source of income for Latin America. As the U.S. economy has been severely hit, also remittances have been significantly reduced, to the detriment of the entire subcontinent.

With specific reference to Covid-19, it should also be mentioned that on June 24, 2020, the U.S. Congress held a full-scale hearing and invited a number of U.S. experts to express their views.

Those experts included Robert Evan Ellis of the Strategic Studies Institute of the U.S. Army War College. One of the main points he made was that the U.S. government should strengthen its support for Latin American allies to prevent China from using ‘medical diplomacy’ to expand its sphere of influence in Latin America, along with advances in supply chains, strategic acquisitions and loans to troubled governments, while the West remains economically weakened and politically distracted by the Covid-19 pandemic.

Hence, in his view, the United States should resolutely stop China’s technological expansion in Latin America. This means that the United States should not acquire and share Chinese medical know-how.

Ultimately, the pandemic has not changed China’s goals or overall strategy. It provides an unprecedented opportunity for China to move forward with its implementation. With the help of the Chinese government’s controls on its population to impose and enforce quarantine, and thanks to its huge financial reserves and leverage on the economy, China is emerging from the crisis (albeit certainly weakened) ahead of most Western and non-Western countries.

The pandemic and its health, economic and other effects are likely to persist and continue to weaken the United States and Europe for some time. The interplay between partial economic reopening and the time needed to develop, test and massively produce a vaccine will extend this process.

In Latin America and in other less developed parts of the world, the situation is likely to be far worse. Less capable public health systems, large informal sectors, vulnerable small and medium-sized enterprises, as well as limits to governments’ ability to borrow money to protect vulnerable populations, and the related economic sectors will put pressure on economies as they suffer from Western countries’ declining investment and demand for their exports. In China, on the other hand, things are being solved.

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