Why covid-19 did not harm wealthy economies as severely as initial thought and feelings

.MODERN financial statistics are better thought of as a work in improvement. As brand new details appears to national stats offices they upgrade and also change previously published amounts. Account of the economic condition enters concentration just little by little, even more like an out-of-date polaroid than a piece of cake on a present day cell phone.

Alterations of older data are actually component the procedure as well as hardly ever create the headlines. Yet previously pair of months modifications in Britain and also Italy have resembled rewriting current economical past. What occurred?