History has unfolded in waves of profound depths followed by the relief of buoyant times, only for the depths to return with unsentimental speed. The French Revolution and the Reign of Terror gave way to Paris’ jolly Incroyables and Merveilleuses, young men and women who dressed ostentatiously and had a cathartic frolic — for about four years until Napoleon took power. After World War I and the pandemic Spanish Flu, the Roaring ’20s carried Berlin, London, and New York into a new age of hilarity. But then came the global Great Depression.
The hope in U.S. cities is that Covid-19 and the economic downturn will end with another delirious release — a rash of buying by exultant consumers, a new economic boom, and a return to work. They might. Certainly, the passing of the pandemic, along with social distancing, will elicit enormous relief along with parties galore. Pent up for so long, people will rush to the shops.
Read Full Article »