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Many in the society made money from Covid, now whoever believed their BS will suffer for it due to the economy recession coming in a few months.
by traveler01 4y ago
Many in the society made money from Covid, now whoever believed their BS will suffer for it due to the economy recession coming in a few months.
- mrtesthah 4y agoIt’s not like it killed a million people in the US or anything.
- perryizgr8 4y agoKilled a million people vs killing billions due to 2nd and 3rd order economic repurcussions over the next couple of decades.
- mrtesthah 4y agoExtraordinary claims require extraordinary evidence.
- perryizgr8 4y agoDo you need evidence for this? Any depression/recession will cause people living at the margins to starve. I'd think that's self evident.
- swatcoder 4y agoYou sincerely believe that a recession of yet unclear magnitude will self—evidently “kill billions”, and that no comparable recession would have happened without the UN/western pandemic response? With such conviction that evidence is not even needed? I’d love your input on some horse races coming up soon.
- perryizgr8 4y ago> no comparable recession would have happened without the UN/western pandemic response I didn't say that. > Evidence Collecting and attributing evidence for this is quite tough. The costs are widely dispersed. Deaths will be attributed to "drug abuse", "suicide", "SIDS" all over the world. It won't be as clear cut as somebody dying of coronavirus. > You sincerely believe that a recession of yet unclear magnitude will self—evidently “kill billions” Yes I do. I think it is a logical conclusion to arrive at. Consider the fact that the price of a 4th of July barbecue for 10 people was $59.50 in 2021. That number now stands at $69.68, an increase of 17%. Note that this does not include things like housing which is a big part of a person's expenses. To me, this means inflation in the last year is at least 17%, likely significantly more, once you factor in other essential expenditures. A near 20% inflation rate is bound to kill people in the tens of millions (in USA alone). I am sure you would agree. Now, is that a consequence of the insane money printing that the government did in response to the pandemic? To me, it seems self-evident. Pump in huge amount of cash into the economy and people have more to spend without a corresponding increase in "real value". Consider that a similar story is playing out all over the world, in all major economies at a smaller or greater scale. Add up all the lives that will be cut short because of lack of medicines, lack of food, lack of infant care, lack of safe cars, over a period of years. I think the number is in billions.
- swatcoder 4y agoSo there’s no data on which to base these dramatic projections on ahead of time, and verifying it afterwards will be impossible because of misattribution. I totally understand how you might be convinced of them regardless (we have to believe a lot of things by intuition), but that foundation doesn’t make for very persuasive internet comments, especially in a community with unusually high numeracy and strong intuitions of their own. Good luck to you.