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From what I read (analysts and decision makers) that's not what's going to happen. Money is injected and more will be to salvage industries and make up the loss

From what I read (analysts and decision makers) that's not what's going to happen. Money is injected and more will be to salvage industries and make up the loss (by increasing production after the crisis (or before the end)). This will increase pollution and energy demands in the coming months at a higher level than before the crisis. Well, from what I've read. I am a total idiot in these matters.

bitreality 7y ago
Government and industry will want demand to ramp back up, but it's doubtful that will be supported by consumers. I don't think you're going to see an instant rush back to international travel. Same goes for most other industries. This isn't a situation where you just wake up one day and it's over. It's not a war where you just make up and get back to work. This virus is out there, and most experts say even if you were already infected, you will only become temporarily immune (similar to flu). So until you see a vaccine develop, coronavirus is not going away by any stretch. It will continue to cause problems in the medium term.
- Robotbeat 7y ago
  Citation for “most experts.” Most actual virus experts I’ve seen say the opposite: the virus is mutating slowly (at least in the spike protein, which is the part the immune system responds to) and the “reinfection” measurements are likely measuring residual virus genetic material, not necessarily true reinfection. @trvrb on Twitter. And this other guy, with this thread: https://mobile.twitter.com/PeterKolchinsky/status/1244029896453754880 https://mobile.twitter.com/PeterKolchinsky/status/1244029896... (Which doesn’t mean I disagree with your overall point that this won’t be an instant-bounceback.)
  - bitreality 7y ago
    I'm not suggesting that people will become quickly reinfected, I'm saying that their immunity will be temporary, such as one or several "infection seasons".
- johnchristopher 7y ago
  I work in the travel industry (in a weird IT/social media guy position) and the consensus seems to be that people will get back to traveling but in their own country. “Public” tourism industry is going to be okay (and aren't too worry about it for better or worse) but OTA and traditional tour operators are bleeding and some will eventually die. Small local actors too but they will be replaced (or back after a year of unemployment, with loans from bailout banks).
amelius 7y ago
These things are often counter intuitive. We should subsidize pollution and at the same time tax it. This allows us to strategically put an accounting framework in place that will allow us to later turn the knob to increase the taxes. You first have to give the corporate world a gift before you take it away. Similarly to how the corporate world treats consumers.
digitalsushi 7y ago
You're not an idiot at all, you're just preemptively deflecting ad hominem responses. I think that it's possibly efficient because it burns one clock cycle of a respondent's thoughts, and lets them remember the human.

bitreality 7y ago

Government and industry will want demand to ramp back up, but it's doubtful that will be supported by consumers. I don't think you're going to see an instant rush back to international travel. Same goes for most other industries. This isn't a situation where you just wake up one day and it's over. It's not a war where you just make up and get back to work. This virus is out there, and most experts say even if you were already infected, you will only become temporarily immune (similar to flu). So until you see a vaccine develop, coronavirus is not going away by any stretch. It will continue to cause problems in the medium term.

Robotbeat 7y ago
Citation for “most experts.” Most actual virus experts I’ve seen say the opposite: the virus is mutating slowly (at least in the spike protein, which is the part the immune system responds to) and the “reinfection” measurements are likely measuring residual virus genetic material, not necessarily true reinfection. @trvrb on Twitter. And this other guy, with this thread: https://mobile.twitter.com/PeterKolchinsky/status/1244029896453754880 https://mobile.twitter.com/PeterKolchinsky/status/1244029896... (Which doesn’t mean I disagree with your overall point that this won’t be an instant-bounceback.)
- bitreality 7y ago
  I'm not suggesting that people will become quickly reinfected, I'm saying that their immunity will be temporary, such as one or several "infection seasons".
johnchristopher 7y ago
I work in the travel industry (in a weird IT/social media guy position) and the consensus seems to be that people will get back to traveling but in their own country. “Public” tourism industry is going to be okay (and aren't too worry about it for better or worse) but OTA and traditional tour operators are bleeding and some will eventually die. Small local actors too but they will be replaced (or back after a year of unemployment, with loans from bailout banks).

amelius 7y ago

These things are often counter intuitive. We should subsidize pollution and at the same time tax it. This allows us to strategically put an accounting framework in place that will allow us to later turn the knob to increase the taxes. You first have to give the corporate world a gift before you take it away. Similarly to how the corporate world treats consumers.

digitalsushi 7y ago

You're not an idiot at all, you're just preemptively deflecting ad hominem responses. I think that it's possibly efficient because it burns one clock cycle of a respondent's thoughts, and lets them remember the human.