10 ms·

Be prepare for the next years and decades! Not sure if you can be that optimistic.

xiphias2 6y ago
While you're being downvoted, I agree with you. The artificially low interest rates are a huge burden to society, so while I'm optimistic about the vaccine, I believe that getting back to a society based on savings instead of debt will be extremely painful.
- suprfnk 6y ago
  I'd happily trade wealth for being able to meet friends and family freely again.
  - CrazyPyroLinux 6y ago
    This is a false dichotomy that you shouldn't be forced to choose.
  - jojo2333 6y ago
    I've been enjoying both.
    - tgarv 6y ago
      Wow, how are you pulling that off (the freely seeing friends and family part)?
      - deleted 6y ago
        [deleted]
  - xiphias2 6y ago
    I'm talking about the next 10 years, people are so focused on 2020 that they don't see the big picture, that the economy is getting worse every year, and it effects everybody, even people who have wealth...we're all connected.
- cm2187 6y ago
  And even on the healthcare side, we will have to deal with the consequences of the lockdown. Massive backlog in hospitals, cancer screening and vaccination campaigns not happening, obesity up, psychological consequences, and also the knockdown effect of disruptions and economic crisis on treatment and vaccination campaigns in developing countries.
  - maxerickson 6y ago
    The consequences of the pandemic. The government orders have been a small piece of it.
    - ls612 6y ago
      The government orders are a huge part of it! Case in point, look at the employment numbers and other economic indicators from early April vs today. It was so, so much worse in April, yet the pandemic is mostly the same. But today we don’t have nearly as strict lockdowns.
      - bildung 6y ago
        These are only results of the US-specific lack of welfare protection mechanisms, not a lockdown per se - especially unememployment and to a lesser degree also the negative growth are significantly less accentuated in the other OECD countries.
        maxerickson 6y ago
        The high unemployment was because of how the US structured the spring legislative response. Businesses were ordered to close, and that made employees eligible to collect unemployment insurance. A federal program paid those unemployed people $2400 a month (in addition to their unemployment insurance). The US poverty rate went down during the period. So it wasn't a lack of welfare protection, it was just a (likely bad) implementation choice, paying individuals instead of paying businesses to keep them on payroll. The lack of response since that expired in July fits your description though.
- deleted 6y ago
  [deleted]
sundvor 6y ago
Agreed. Global warming is going to be bad, very very bad.
- devthrowawy 6y ago
  And when exactly will it become an actual problem in the sense that it actually affects anyone's life? 1000 years? 10000 years? Like global warming is going to suddenly show its teeth on some random day and we'll all be sorry. You sound like someone preaching the coming rapture, thinking people are crazy for rolling their eyes and continuing on with their lives.
  - e12e 6y ago
    It already is bad. Heatwaves, hurricanes, drought and flood. It's going to get worse before it can possibly get better.
    - thehappypm 6y ago
      I'm a huge believer in alternative energy, but it's just nonsense to blame natural disasters across-the-board on climate change. It almost implies that the climate would be docile without human-introduced CO2. Plenty of bad weather events happened before climate change. The most deadly Atlantic Ocean hurricane on record was in 1780. The Dust Bowl droughts were the worst in American History.
      - e12e 6y ago
        I'm not sure the dust bowl draughts are a great example - they weren't product of global climate change - but I think they were very much the result of large scale "terra forming" - changing prairie to farm land? At any rate, the question isn't so much - were extreme bad weather events bad before as well, more - are they getting worse and/or more frequent? https://www.worldweatherattribution.org/ https://www.worldweatherattribution.org/
  - knuthsat 6y ago
    Given the projected temperature increase the wet bulb temperature will make vast areas around the equator deadly for humans. Millions will be affected in our lifetime or will be confined to spaces isolating from the harsh conditions. Although the temp increase might happen during the colder times of the day so the wet bulb might never reach the deadly quantities.

While you're being downvoted, I agree with you. The artificially low interest rates are a huge burden to society, so while I'm optimistic about the vaccine, I believe that getting back to a society based on savings instead of debt will be extremely painful.

suprfnk 6y ago
I'd happily trade wealth for being able to meet friends and family freely again.
- CrazyPyroLinux 6y ago
  This is a false dichotomy that you shouldn't be forced to choose.
- jojo2333 6y ago
  I've been enjoying both.
  - tgarv 6y ago
    Wow, how are you pulling that off (the freely seeing friends and family part)?
    - deleted 6y ago
      [deleted]
- xiphias2 6y ago
  I'm talking about the next 10 years, people are so focused on 2020 that they don't see the big picture, that the economy is getting worse every year, and it effects everybody, even people who have wealth...we're all connected.
cm2187 6y ago
And even on the healthcare side, we will have to deal with the consequences of the lockdown. Massive backlog in hospitals, cancer screening and vaccination campaigns not happening, obesity up, psychological consequences, and also the knockdown effect of disruptions and economic crisis on treatment and vaccination campaigns in developing countries.
- maxerickson 6y ago
  The consequences of the pandemic. The government orders have been a small piece of it.
  - ls612 6y ago
    The government orders are a huge part of it! Case in point, look at the employment numbers and other economic indicators from early April vs today. It was so, so much worse in April, yet the pandemic is mostly the same. But today we don’t have nearly as strict lockdowns.
    - bildung 6y ago
      These are only results of the US-specific lack of welfare protection mechanisms, not a lockdown per se - especially unememployment and to a lesser degree also the negative growth are significantly less accentuated in the other OECD countries.
      - maxerickson 6y ago
        The high unemployment was because of how the US structured the spring legislative response. Businesses were ordered to close, and that made employees eligible to collect unemployment insurance. A federal program paid those unemployed people $2400 a month (in addition to their unemployment insurance). The US poverty rate went down during the period. So it wasn't a lack of welfare protection, it was just a (likely bad) implementation choice, paying individuals instead of paying businesses to keep them on payroll. The lack of response since that expired in July fits your description though.
deleted 6y ago
[deleted]

sundvor 6y ago

Agreed. Global warming is going to be bad, very very bad.

devthrowawy 6y ago
And when exactly will it become an actual problem in the sense that it actually affects anyone's life? 1000 years? 10000 years? Like global warming is going to suddenly show its teeth on some random day and we'll all be sorry. You sound like someone preaching the coming rapture, thinking people are crazy for rolling their eyes and continuing on with their lives.
- e12e 6y ago
  It already is bad. Heatwaves, hurricanes, drought and flood. It's going to get worse before it can possibly get better.
  - thehappypm 6y ago
    I'm a huge believer in alternative energy, but it's just nonsense to blame natural disasters across-the-board on climate change. It almost implies that the climate would be docile without human-introduced CO2. Plenty of bad weather events happened before climate change. The most deadly Atlantic Ocean hurricane on record was in 1780. The Dust Bowl droughts were the worst in American History.
    - e12e 6y ago
      I'm not sure the dust bowl draughts are a great example - they weren't product of global climate change - but I think they were very much the result of large scale "terra forming" - changing prairie to farm land? At any rate, the question isn't so much - were extreme bad weather events bad before as well, more - are they getting worse and/or more frequent? https://www.worldweatherattribution.org/ https://www.worldweatherattribution.org/
- knuthsat 6y ago
  Given the projected temperature increase the wet bulb temperature will make vast areas around the equator deadly for humans. Millions will be affected in our lifetime or will be confined to spaces isolating from the harsh conditions. Although the temp increase might happen during the colder times of the day so the wet bulb might never reach the deadly quantities.