It's about money, and it isn't. There are a lot of different sectors to an economy, but theoretically we can get through this assuming agriculture holds up. Everyone else can quit their jobs and stay at home and we print money for people to buy food on a temporary basis.
Does this work in the long run? Absolutely not. Is it highly hypothetical? Absolutely. Does it lead to problems with the incentive to work? Absolutely. But you're talking about a crisis.
Countries that have bad credit are going to have a lot more trouble. Schumpeter (I think it was him) once said that Keynesian economics goes overseas to die. There's a valid point buried in there.
Posting this just to piss IG off ;)
Oh, I see ... it's his kid. Interesting.
Awww, you bit the obvious troll bait. How cute ;)
As for the rest of us. A lot more people are going to get sick. Some will die. This is a fundamental truth and it's now a constant, and it's going to happen this way regardless of what else we do.
There is no vaccine. There isn't going to be a vaccine. Some people are responding well to various meds (hydroxychloroquine or remdesivir, depending on how you feel about Big Orange, apparently) buf if there were a slam-dunk game changer we would have known about it by now.
We were worried about the hospitals going over capacity. It didn't happen.
The makeshift hospital at the Javitz center has now been closed. The hospital ship has sailed away with barely any patients having been seen.
The governor of NY is now puzzled as to why the majority of new cases are people who have been quarantined at home.
No one is willing to say it because everyone is either enjoying the lies or is too chicken to tell the truth. There is NO plan to reopen anything that does not involve more people getting sick. We have to let this thing run its course.
A newly germophobic culture will continue washing hands, sterilizing things, wearing masks some of the time, etc. The curve will remain reasonable flat.
But the number of people UNDER the curve will remain static. So it's time to end the tyrannical wet dream that many officials are currently enjoying.
The above is my opinion, which is also known as science.
yeah... washing your hands means you suffer from mysophobia.
Thu May 07 2020 09:13:43 PM EDT from IGnatius T FoobarIf Bill Gates creates vaccines anything like the way he created software, everyone would die.
Stop, Bill Gates wouldn't create anything. He would take credit for everything someone else created and blame the problem on the user. He would make sure he could make a lot of money in the process.
2020-05-08 00:19 from wizard of aahz
Bill Gates is not an infectious disease specialist or virus specialist.
I don't care what he plays on t.v.. I'm not counting on him.
He is resposible for the spread of Windows. Doesn't that make him an specialist in viruses and infectious diseases? XD
The antibody test is over $100. You pay for and pick the test kit up at one location then go to a separate lab with a separate fee to get the blood draw.
The straw that broke this camel's back is, of course, Bill Gates. Pundits are painting him like some sort of f***ing white knight who is going to fund the development of a vaccine, and he's going to be the savior of humanity just like he was the savior of computing. And we all know what really happened there.
This is why my new attitude is "f**k the whole world".
I suppose it's legitimate to ask the question about the "curve" -- how flat is flat *enough*? There are only two legitimate answers; everything else is arbitrary. One is the answer given by rich people virtue signaling about how we're all in this together, while others are unemployed and broke: that the infection rate must be brought to near zero. The other, which assumes that there's no cure or vax coming within the next few weeks, is simply this: if the hospitals are not being overwhelmed, the curve is flat enough.
Yes this is a rant, and a somewhat hostile one. Know that my hostility is directed towards the so-called "experts", who have been wrong about everything, not towards anyone here, even those with whom I disagree on this topic. If you want the latter kind of mudslinging you know what room to unzap. I still love you all. Those on the outside who claim to be our betters can go die in a car fire.