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In 60 Seconds

Short, concise, and to the point, In 60 Seconds covers world news, US politics, the view from Europe, and more.

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Ian Bremmer: Life Post-COVID-19 & What Happens in a 2nd Wave

Ian Bremmer provides his perspective in (slightly) more than 60 seconds: What's the coronavirus update? And when will a state of normalcy return?

Oh, that's easy. A state of normalcy will not return when we start returning to work. I certainly think that the decision by President Trump to push out to the end of April was rational. I think in certain parts of the country, it's likely to be much longer. By that, I think New York City, maybe June is when you start really seeing end of quarantines and people going back to work. But when you don't have a vaccine, the likelihood that people are going to trust going to sports and concerts and bars and restaurants or sitting in the middle seat and bringing their family to Disney is going to take a long time. I think really you need a vaccine at scale before that happens and that's well over a year out. Why? I think that all the numbers you're seeing right now about the strong rebound of the economy in the third and fourth quarter is over optimistic. And instead, you're going to need significant additional bailouts come summer, which the Americans will be able to do. Emerging markets will not. And I'm much more worried about what happens to them going forward.

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