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Sure it’s V shaped based on the virus itself which causes a slowdown and I would also guess that it will recover just like someone does after a flu. It’s not a
by RedBeetDeadpool 7y ago
Sure it’s V shaped based on the virus itself which causes a slowdown and I would also guess that it will recover just like someone does after a flu. It’s not a systemic issue like the Great Recession was.
The only problem with your logic is that you underestimate the longevity of the virus. This isn’t something that will slow us down for the month while everyone is quarantined or while events are cancelled. It’s predicted to continue for 3-6 months and likely come back in the fall and next year and the year after that and the year after that [1]. Its predicted the coronavirus will rise back up when quarantines are pulled back (and their economy put back into to movement) [2]. The only thing we are really doing is shifting the peak and spreading the load on our health care system through time. So if it is the case that our economy is tied to the state of the outbreak, which I as well believe is the case, it’s still not something that will blip in and out within a matter of weeks.
edited with refs:
This ted talk outlines the difficulty of containing the coronavirus, and how its here to stay:
[1] https://www.youtube.com/watch?v=Fqw-9yMV0sI https://www.youtube.com/watch?v=Fqw-9yMV0sI
This interview of Infectious Disease Expert - Michael Osterholm - outlines the characteristics of COVID-19 and how its not a "corona-blizzard" but a "corona-winter" also suggests it will be back in China once quarantines are pulled back:
[2] https://www.youtube.com/watch?v=cZFhjMQrVts https://www.youtube.com/watch?v=cZFhjMQrVts