3 ms·
How would three months be enough? This is a year long pandemic, at least. More realistically would be a minimum of nine months of strict lockdown if you want i
by adventured 6y ago
How would three months be enough? This is a year long pandemic, at least.
More realistically would be a minimum of nine months of strict lockdown if you want it to actually be worth doing.
Now you're talking $2 trillion or more, because that level of economic damage would prove far worse than the 2008 crisis. $8 trillion in the US, at a minimum. For one pandemic, for part of one year. To do that would be insane.
Germany could afford it in theory, and it'd be a helluva price to pay for a slightly above average pandemic (1918-1920 laughs at this pandemic so far). Planning to do the same thing in another 10 or 20 years when the next global pandemic hits? How do you plan to pay for the next great recession? Shall we pretend that nothing else bad will happen in the next decade or two and spend our brains out on this one pandemic? There is a reckoning coming from the shortsighted economic choices that have been made in Europe and the US over the past 20 years.