The ‘Black Swan’ Covid Catastrophe Shows Us Just How Fragile Our World Is

The ‘Black Swan’ Covid Catastrophe Shows Us Just How Fragile Our World Is

The Guardian

January 3, 2021

So-called Black Swan events are by definition rare, extremely impactful and retrospectively predictable. History may ultimately deem the COVID-19 pandemic a one-off aberration that signifies nothing. The 2008 financial crisis similarly prompted dire predictions of class warfare, but in the end changed little. Everyone now thirsts for a return to normal life after the pandemic subsides, with vigorous engagement in everything lockdowns and social distancing currently limit. “But COVID-19 has forced us to rethink the way we work, how we shop, the role of government, how the economy works at a national and global level. Above all, it has shown us how fragile everything is.”

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