Macroeconomics

We must assume that most readers will  be following the daily news with the spreading pandemic and how it is influencing life. Businesses, schools, kindergartens and other essential operations are striv-ing to remain open, but the European restrictions on travel and social life are heading back to the times seen in early spring. It is not just for the immediate protection of life, but politicians are trying a last-ditch attempt to offer a realistic chance for family life around Christmas. A realist however must under-stand that even if the present decisions work, normal travel cannot really be expected in the next six weeks. This means in Europe, big question marks surround families scattered around different coun-tries. This could have a great impact on business. If workers take a chance to travel, subsequent controls and quarantine restrictions could quickly interrupt factory production and services in many regions.

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