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The moral hazard overlooked here is the fact US govt policy being dictated by congressmen, hedge fund managers and "investment" bankers who see it terms how the
by vfclists 7y ago
The moral hazard overlooked here is the fact US govt policy being dictated by congressmen, hedge fund managers and "investment" bankers who see it terms how they can profit from a long bull run, and profits to made from shares in the companies who have quasi-monopolies on the the products that will eventually "save" us from coronavirus.
And the fact that you can't expect a health system run for profit to prepare properly for a pandemic which may never happen.
By the time the products ordered for the crisis have been delivered the crisis will be over, and whether they will be stored in preparation for another pandemic is questionable.