Beautiful Virgin Islands

Thursday, Feb 19, 2026

COVID-19 & your poor neighbour

COVID-19 & your poor neighbour

The pandemic is driving poverty and wealth inequality. Thirty years from today in the 2050s, a new world powered by robotics, artificial intelligence, and quantum physics will be upon us.
In that future, if a person incidentally ventures into a virtual library, looks for a digital history book on the 2020s, the reader will surely come upon a narrative, ‘’ THE GREAT PANDEMIC.’’

The story may describe how people around the world gave a heartwarming welcome to the year 2020. People celebrated the incoming year at squares, parties, and cathedrals, in New York, London, Lagos, Cape Town, Sydney, and Tokyo. 2020 arrived peaceably and joyfully on January 1 in most countries.

However, on that January 1st early morn an uninvited and invisible guest tightly stuck to the New Year. This was a highly contagious, toxic, and dangerous parasite: a deadly virus. It clung to its hosts unwilling to leave. The name given to the virus was COVID- 19.

The virus brought on respiratory infections and physical anomalies in humans. It was transferred to humans from animals. The virus killed millions and infected many more millions.

COVID-19 eventually and negatively impacted the world economy, driving it down to the tune of trillions and trillions of dollars

Now, inequality between rich and poor, powerful and vulnerable, and the people stuck in between, has existed for millennia.

That wealth inequality is overt in a society such as these Virgin Islands. The spectrum ranges from the likes of the super-wealthy like Sir Richard Branson, Henri Jarecki, and Larry Page, who live invisibly on these islands; to the poor who live hand to mouth, on handouts from charity, family, and friends.

The world went into lockdown in March 2020 when it was clear that shutting down society was the one sure way of controlling the spread of the contagion. That shutdown was complete in most places, eerily turning great cities of the world into ‘ghost towns.’

The lockdown period changed the lives of millions. The better-off were able to spend time with family. These did not feel the pinch of lost income.

People, especially workers in travel and tourism, a mainstay for employment in the BVI and elsewhere lost jobs and livelihoods. They were unable to earn the accustomed income.

It was certainly not well for the poor and unemployed who lost income, jobs, and homes, and faced a brutal setback.

Lockdown forced residents to stay at home. Businesses went under and shut for good.

The people at the top of the wealth pyramid were unscathed. In fact, by some cruel trick, billionaires and stockholders in technology became wealthier as the world became a virtual marketplace as a result of COVID.

Towards the bottom of the pyramid, the adversity and suffering increased greatly.

Migrant workers, daily wage earners, waitresses, barmen, small businessmen and women, cleaners, taxi drivers, and so on and so forth, were severely impacted. These workers were driven into poverty and great suffering.

The people at the middle of the pyramid, for example, government workers, and middle managers in private firms, were affected, but not as drastically as those at the bottom of the pyramid.

OK. The world of pandemic recession will get worse, sadly.

Employment is a lagging indicator of economic recovery. So when the world begins to recover, probably in early 2022, after a vaccine for COVID is widely available, only then will investor and business confidence return.

Consumer confidence appears after investor and business confidence increases. When people start to spend- aggregate demand increases- then shut businesses will reopen, and managers and business owners will begin to invest in equipment and stock and hire workers again.

The world economy will resume normality and growth. When that will happen? Only God knows.

Connect with Dickson Igwe on Facebook and Twitter
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
UK Inflation Slows Sharply in January, Strengthening Case for Bank of England Rate Cut
Hide the truth, fake the facts, pretend the opposite, Britain is as usual
UK Inflation Falls to Ten-Month Low, Markets Anticipate Interest Rate Cut
UK House Prices Climb 2.4% in December as Market Shows Signs of Stabilisation
BAE Systems Predicts Sustained Expansion as Defence Orders Reach Record High
Pro-Palestine Activists Cleared of Burglary Charges Over Break-In at UK Israeli Arms Facility
Former Reform UK Councillors Form New Local Group Amid Party Fragmentation
Reform UK Pledges to Retain Britain’s Budget Watchdog as It Seeks Broader Economic Credibility
Miliband Defends UK-California Clean Energy Pact After Sharp Criticism by Trump
University of Kentucky to Host 2026 Summer Camps Fair Connecting Families with Local Programmes
UK Police Forces Assess Claims Jeffrey Epstein Used Stansted Airport Flights in Trafficking Network
UK-Focused Equity ETF FLGB Climbs to Fresh 52-Week Peak on Strong Market Sentiment
Trump Warns UK’s Chagos Islands Agreement Is a “Big Mistake” Amid Strategic Security Debate
Trump Urges UK to Retain Sovereignty Over Diego Garcia Amid Strategic Concerns
Italian Police Arrest Man After Alleged Attempt to Abduct Toddler at Bergamo Supermarket, Child Hospitalised With Fractured Femur
Reform UK Appoints Former Conservative Minister Robert Jenrick as Finance Chief
UK Unemployment Rises to Highest in Nearly Five Years as Labour Market Weakens
Rupert Lowe Advocates for English-Only Use in the UK
US Successfully Transports Small Nuclear Reactor from California to Utah
South Korea's traditional sand wrestling sport ssireum faces declining interest at home
Japan outlawed Islam
Virginia Giuffre accuses Epstein of trafficking to powerful men for blackmail.
New Mexico lawmakers initiate investigation into Zorro Ranch linked to Jeffrey Epstein
British Tourist Arrested at Hong Kong Airport After Meltdown and Vandalism
Nigel Farage Names Reform UK Frontbench Team and Signals Zero Tolerance for Internal Dissent
Qualcomm to Withdraw UK Lawsuit Over Smartphone Chip Royalty Dispute
Major UK Banks Explore Domestic Card Network to Rival Visa and Mastercard
Cold Health Alert Issued Across UK as Temperatures Drop Sharply
Nine-Year-Old Becomes First Child in UK to Undergo Groundbreaking Leg-Lengthening Surgery
UK Workers Face Stagnant Incomes and a Softening Labour Market as Unemployment Climbs
UK Passport Rules Tightened for British Dual Nationals Under New Travel Guidance
California Deepens Global Climate Alliance with New UK Pact and Major Clean-Tech Investment Drive
UK Supreme Court Tightens Rules on Use of ‘Milk’ and ‘Cheese’ Labels for Plant-Based Products
University of Kentucky Postpones Feb. 19 Law Enforcement Training Exercise in Lexington
‘The only thing illegal is Keir Starmer handing these islands to a country like Mauritius!’
JD Vance says Germany is “killing itself” by taking in millions of fake asylum seekers from culturally incompatible nations.
UK Markets Signal Opportunity as Starmer Confronts Intensifying Political Pressure
Trump Criticises Newsom’s UK Climate Pact, Defends Federal Authority Over Foreign Engagements
UK’s Top Prosecutor Says ‘No One Is Above the Law’ as Police Review Claims Against Ex-Prince Andrew
Rubio Calls for Sweeping U.N. Reform, Saying It Has Failed to End Wars in Gaza and Ukraine
Prince William Meets Saudi Crown Prince as Epstein-Andrew Fallout Casts Shadow
Starmer Calls for Renewed ‘Hard Power’ Investment at European Security Summit
UK Police Establish National Taskforce to Handle Domestic Epstein-Linked Allegations
UK Court Rules Ban on Palestine Action Unlawful in Major Free Speech Test
UK Faces Prospect of Net Migration Turning Negative as Economic Impact Looms
Peter Mandelson Asked to Testify Before US Congress Over Jeffrey Epstein Links
Document Suggests Prince Andrew Shared UK Briefing on Afghan Investment Opportunities with Jeffrey Epstein
Beijing Brands UK Hong Kong Visa Expansion ‘Despicable and Reprehensible’ After Jimmy Lai Sentencing
Tesco Chief Warns UK Is ‘Sleepwalking’ Toward a Joblessness Crisis
Trump’s ‘Act of Great Stupidity’ Comment on UK Chagos Deal Reverberates Through Diplomacy and Strategy
×