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COMMENT | Always a boom after tragedy, when will that be for Malaysia?

COMMENT | If you look at history, you will notice after any form of tragedy, there will be a huge rise and boom in society. After the Spanish Flu in 1918 where 50 million people died, there was a huge economic boom in the United States and Europe (which, of course, meant the whole world prospered) in the 1920s.

After World War 2 ended in the 1940s, there was a baby boom around the world, but more specifically in the United States and Japan in the 1940s through the 1950s. It is also most probably because of a continuation of the economic boom that was coming through from the 1920s and 1930s.

So if we are staunch believers in the study of history, then we would also be inclined to believe that history always repeats itself. Would we be looking at a boom after this current Covid-19 pandemic? With all the struggles that we are facing now, it would be nice to have faith that everything will get better in the end.

Well, it seems that the whole world is already starting to look optimistic. The big economies of the world are...

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