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Yeah, no. Nice hyperactive imagination to find any plausible justification for inaction. The intuitive impulse is there (trade off hospitals getting "creamed"
by pishpash 7y ago
Yeah, no. Nice hyperactive imagination to find any plausible justification for inaction.
The intuitive impulse is there (trade off hospitals getting "creamed" vs. shutting down economy), but the implementation isn't realistic, so with the incubation period and lag in testing, all governments act too late. It's an impossible control problem.
On the other hand, maybe the right time to act is to watch your stock market. It's a forward predictor. When it starts to tank, go all out.
- anotheryou 7y agoit does tank already, no? (sorry for the german link, just literally what I have open in the next tab) https://www.onvista.de/etf/VANGUARD-FTSE-ALL-WORLD-UCITS-ETF-USD-DIS-ETF-IE00B3RBWM25 https://www.onvista.de/etf/VANGUARD-FTSE-ALL-WORLD-UCITS-ETF...
- pishpash 7y agoAt least the US seems to have waited for the markets to signal, not epidemiology.