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This is ridiculous. Any economic effect of the 1918 flu is overpowered by the end of WWI. And the 1918 flu was followed by one of the most prosperous periods i
by tathougies 7y ago
This is ridiculous. Any economic effect of the 1918 flu is overpowered by the end of WWI.
And the 1918 flu was followed by one of the most prosperous periods in history: the roaring 20s.
The response to the 1918 flu was also not very centralized. Different states and cities did different things, a strategy which is today being deplored by the media and certain segments of the population. Since the response is significantly more centralized today (entire states being shutdown, which has not happened before), I'm not sure you can draw the same conclusions. It's one thing to have one shutdown city in a country full of working cities. It's quite another thing to have them all shut down at the same time, as well as the entire world.
- zzleeper 7y agoThat's why the results are in relative terms. A city or state that is slow to react will do worst than a faster or more effective one in relative terms. About shutting down everything, yes. If absolutely no one works, then who drives the trucks. But that's not what is happening today either.