"Never let a good crisis go to waste.” Sir Winston Churchill
In the chronological race to the bottom, the year 2020 has already passed 2001 (9/11) and is nipping at the heels of 2008 (Global Financial Crisis); although, such stalwart bottom-feeders as 1929 (The Great Depression) and 1939 (World War 2) remain firmly in the distance. In a recent CSIS commentary, the World Bank’s Managing Director, Dr. Mari E. Pangestu casts the COVID-19 pandemic as the most severe blow to the global economy since World War II.
