"The economic damage is far greater than anyone expected.
The powers in central banks are now scared to death about what happens when restrictions are lifted.
So many lower-income people have lost their jobs. They have been forced into even greater poverty.
We do not see the labor market coming back until the next turn in 2022.
There will be food shortages that expand and we will see prices rise because of SHORTAGES rather than a booming demand from a robust economy."