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When did Italy lock down the country? Last week? So then next week should hopefully be their peak.
by brummm 7y ago
When did Italy lock down the country? Last week? So then next week should hopefully be their peak.
- davidw 7y agoHopefully. People are still allowed to go to work, and there are a number of people not respecting the rules. Everyone keeps hoping to see the numbers dip, but they aren't yet.
- baron_harkonnen 7y agoHopefully you're right and this is why the market is stable for now. Maybe it will happen that Italy will stabilize. I don't think there are any epidemologists right now who don't think that Italy will reach 80k cases and 160k as well, but the distance between 80k cases and 160k might be much longer than I mention. But this brings its own uncertainty. If we succeed in not overwhelming the medical system then everyone will remain on lockdown longer which will have it's own unique economic impact. The point I'm making is that it most certainly will get much worse, but exactly how and what that means is very uncertain right now so virtually impossible to price correctly.