The Legacy of Covid 19

It would be nice if there were significant changes. An international agreement should be put in place that all nations can agree to cooperate with for the next pandemic that takes place. Each country will need to take a long hard look at their own policies to see where they can do better.

I voted 2 but I expect/fear 1.  Like Lazland, I believe this will spur a quantum leap in automation.  Much greater surveillance of our activities will also be accepted in order to protect us from future pandemics. The recession is also going to be long and painful.  Those expecting a V shaped recovery must be dreaming.  That would have been possible with a co-ordinated response across the world but with the chaos and bickering, the recovery will be chaotic and uneven too.  The US political establishment still appears to believe in outdated economic theories and doesn't understand concepts like velocity of money. A smaller stimulus but one directed towards the little guy would have been far more effective because spending the same unit of money several times over is what spurs demand.  But nah, always big business, big banks, big everything, always bigly.  Our own stimulus has been woefully inadequate. But at least we have a BBB- rating and the idiot credit rating agencies will actually punish us for doing the right thing, so we are constrained (thus giving our own idiot Finance Minister a wonderful alibi).  What does US have to lose?  You print the world's reserve currency and you still debate and curtail the bailout in the face of Great Depression levels of unemployment?  Just doesn't compute.  

Chinese Wuhan SARS-2 Coronavirus probably isn't the "big one," but when it happens it will happen almost exactly like this

Icarium wrote: I will call this the next big paradigme shift hich we will dile our callander and history books after. It will guide our science and political agenda and be a small stone which will have impact on change in both small and large term.

someone_else wrote: Option #2. I fear that this might not be just a once in a lifetime incident. Moreover, this pandemic proves to be a powerful tool for imposing some political agendas.

your last sentence has been on my mind for weeks. I worry for the sh*t our politicos will impose on us folk in the future.

I almost voted for the first one but went with the second.

Six people died in our county yesterday. If that rate continues we are talking over 2,000 for the year from today. The government recently reopened a lot of things and the death rate is moving upwards.


Edited by Easy Money - June 03 2020 at 13:56