Crystal gazing into the next sixty monthsAny socio-economic interpretation of reality, should be based on current reality and the most possible and likely realities that will follow. Trump is most likely to get re-elected and we can expect a slightly better deal in terms of US Visas, trade co-operation and the like. When COVID scare becomes zero or near zero ( yesterday's Chennai to Coimbatore intercity express at 2.30PM was totally full. Just around 5% seats vacant, and though I traveled only 70 km with reservation, am sure the train would have been full from the other stations too. Everyone wore masks and things were almost back to normal), people will start moving around. Every possible use of any transport available will happen to increase trading ;in every form.
Tourism will be back in business. Schools and colleges will once again get money, as the money supply through fresh jobs is likely to happen. Demand for cars will pick up and car loans will happen once again. Housing will pick up too. People are simply fed up with social distancing. People would really like to be near their friends and relatives. One can expect quick business in terms of all essential items. When people greet others, they always tend to buy sweets and biscuits. Sales of such items will zoom. The marketing whiz-kids from the best B schools will be back in business. If the Government reduces GST and also allows banks to increase deposit and lending rates ( very likely to happen), there will be more money in the hands of the people and this will translate into better demand for shopping and watching movies in the multiplexes. People will learn from their experience. Siddha and Ayurvedic medicines will also find favor and there will be a big movement towards Indian cure.
Once the demand picks up for electronic goods in the West, the same can be seen here as well. The movement in terms of increased sales of electronic goods is likely to happen. One thing for sure -- people will throw out all the masks and be totally free. Everywhere. They would want freedom to return to the pre-COVID days.