While it was a trip at least a decade ago, I remain on e-mail list of Bermuda's "The Royal Gazette", mentioned a few times in the course of these musings. Islands, especially one that's a singularity, are odd ducks from an economics point of view. They have few natural resources, and in the case of Bermuda, not even terrestrial water. Australia is nearly as precarious.
Today's issue had this headline in the
e-mail tease: "Election 2020: 'control virus to rebuild economy'"
Intrigued that teeny Bermuda understood the connection, which Batshit J. Moron clearly does not, off I went to the report. And there it was
First and foremost, contain the virus by any means necessary — recovery isn't possible without it.
All well and good. But then, later in the report comes this scavenger quote:
Perhaps our best recovery bet lies with the reinsurance sector.
The pandemic could provide a spark like that created by the September 11, 2001 attacks or hurricanes Katrina, Rita and Wilma of 2005.
The sector experienced double-digit growth following these catastrophes and the knock-on effect led to economic growth in excess of 3 per cent, a feat not seen since 2007.
Just the sort of thinking dear to the heart of
ex-President AuH2O 2020: pillage the already devastated.
All those bungalows with the white paint rain catching roofs and gaily painted walls hide the innards of predators. Another reason to cleave to Batshit J. Moron.
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