Why covid-19 did certainly not hurt rich economies as severely as very first idea

.PRESENT DAY financial stats are actually better taken a do work in development. As brand new info becomes available to nationwide data offices they update and also modify formerly posted numbers. The picture of the economic climate enters into concentration simply little by little, even more like a vintage polaroid than a snap on a present day smartphone.

Corrections of much older records are actually part and parcel of the procedure as well as hardly create the headlines. However over the last 2 months corrections in Britain and Italy have actually come close to rewording recent financial record. What took place?