Good and bad crises

A good crisis can be rife with opportunities, explained the Italian thinker Niccolò Machiavelli, but will this be the case with the present crisis over Covid-19?

Amidst the present onrush of political and economic crises, we frequently hear the Chinese adage that “a crisis is at once a blessing and a curse.” What about those people who only get the curses, you may ask. Where did all the blessings go?

The peoples of the East do not hold a monopoly on maxims about crises. British leader Winston Churchill, whose political career had its own share of downs, as well as ups, once said “never let a good crisis go to waste.”

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