1/3 During a financial crisis, expats and tourists bring in much needed hard currency, we are told. New Covid variants arriving through the airport are therefore considered collateral damage, regrettable but unavoidable. Similar advice was given last summer and before Christmas. — Firass Abiad (@firassabiad) July 7, 2021
1/3 During a financial crisis, expats and tourists bring in much needed hard currency, we are told. New Covid variants arriving through the airport are therefore considered collateral damage, regrettable but unavoidable. Similar advice was given last summer and before Christmas.
2/3 No one quantified the economic impact of the resultant loss of lives or illness. When people have short term memories, their policy makers tend to set short term goals. As Covid numbers resurge, it awaits to be seen what measures will be adopted now to protect the public. — Firass Abiad (@firassabiad) July 7, 2021
2/3 No one quantified the economic impact of the resultant loss of lives or illness. When people have short term memories, their policy makers tend to set short term goals. As Covid numbers resurge, it awaits to be seen what measures will be adopted now to protect the public.
3/3 In a democracy, policy makers are held accountable for their decisions at the end. In other systems of governance, ordinary people are the weakest link, and in such societies, as the Greeks say, the strong do what they can, and the weak suffer what they must. — Firass Abiad (@firassabiad) July 7, 2021
3/3 In a democracy, policy makers are held accountable for their decisions at the end. In other systems of governance, ordinary people are the weakest link, and in such societies, as the Greeks say, the strong do what they can, and the weak suffer what they must.