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Quarantine doesn't send anyone to the stone age. The economic shock will be devastating. But there is no long-term, sustained growth without occasional pruning.
by totalZero 7y ago
Quarantine doesn't send anyone to the stone age. The economic shock will be devastating. But there is no long-term, sustained growth without occasional pruning.
Also...
You make the error of assuming that (A) high blood pressure, diabetes, and heart disease mean that a person is "already dying," and (B) people who survive don't become debilitatingly sick.
- marvin 7y agoSome of this economic damage is also the result of toppling imbalances that have been artificially propped up since before 2008. The virus is just a convenient excuse; a crisis would have hit at the first sign of trouble.
- Zach_the_Lizard 7y ago> The virus is just a convenient excuse; a crisis would have hit at the first sign of trouble. Sure, the market was seeming to be overheated and due for a correction. Without the virus, maybe it's 2008. With the virus, it's starting to feel like 1929 again. Huge numbers of people are unemployed right now that wouldn't be in a normal recession. Wait till the unemployment numbers come out.