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Economic

The economy worldwide has taken a substantial hit from the COVID lockdowns. The United Nations (UN) estimates that 225 million people across the planet will starve, as a result of COVID’s economic impact.[1] The global debt in 2020 rose by $24 trillion (355% of GDP), a level surpassing World War II.[2] In the USA, 7 million people already fell into poverty[3] with children comprising the highest numbers.[4] Months after the start of the disastrous policy of locking down, even the UN now admits that lockdowns just make the poor... poorer.[5] Later the WHO also stated that lockdowns should be avoided.[6] A meta-analysis of over 100 studies on the costs vs benefits of lockdowns concluded that "Lockdowns are not just an inefficient policy, they must rank as one of the greatest peacetime policy disasters of all time."[7]

Email questions or comments to frontlinepedia@aflds.org

Footnotes:

[1]:

“A series of human tragedies more brutal and destructive than any of the direct health impacts of the virus”

https://www.telegraph.co.uk/global-health/climate-and-people/coronavirus-set-trigger-brutal-tragedies-fragile-countries-un/

[2]:

https://www.reuters.com/article/us-global-debt-iif-idUSKBN2AH285

[4]:

2.5 million children falling below the poverty line since May”

https://www.nytimes.com/2020/10/15/us/politics/federal-aid-poverty-levels.html

[5]:

“Lockdowns just have one consequence that you must never ever belittle, and that is making poor people an awful lot poorer,”

https://www.news.com.au/world/coronavirus/global/coronavirus-who-backflips-on-virus-stance-by-condemning-lockdowns/news-story/f2188f2aebff1b7b291b297731c3da74

[6]:

“Full-scale lockdowns should be a “very, very last resort.”

 https://www.cnbc.com/2020/10/15/lockdowns-should-be-last-resort-whos-europe-chief-says.html


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