According to the report, even a 5% growth rate in 2021 – an unlikely outcome -- would still leave a $12 trillion income shortfall from what had been expected in 2019. "Forecasters’ talk of a V-shaped recovery can easily mislead. Such a recovery would require double-digit global growth next year, which is out of the question,” said Richard Kozul-Wright, UNCTAD’s director of the division on globalization and development strategies. "That will take the world to what some are calling the “90% economy” which, in the absence of serious reform, will not only be smaller than before but more fragile, more unequal and less innovative. That leaves an uncomfortable amount of room for policy uncertainty and further slippages." It's the reverse square root again. https://thenextrecession.wordpress.com/2020/04/13/the-post-pandemic-slump/