"how To Survive The Chaos Of The Coronavirus"

https://www.newyorker.com/news/q-and-a/paul-romer-on-how-to-survive-the-chaos-of-the-coronavirus


Good morning all,

Per ...

It's an interview discussing the trade-off between the disease mitigation and saving the economy.

Note "a million people dead or a depression for eighteen to twenty four months".

Note: "about building confidence".

Note: "politically unsustainable".

 

Any sane gov't would choose million dead rather than 2 years worth of depression

 

Sooooo......No one ever taught you that it is rude to tell the truth....

 

Force of habit. It WAS part of my job desc to inform the up the chain about such things. And beside those million death will most likely coming from the lowest of the food chain anyway.

 

Good morning Varuna,

My 100 % agreement.

It already started here.

Being a retiree and thus not in the labor force, I wouldn't even drive near a VA Medical Center.

 

That article is outstanding in quality. Even if you disagree with his proposal, the background and the context is super high quality.

 

That pretty much the same everywhere, with the exception of small industrious country, because they could easily afford mass testing of their population.

And how do you know that there isn't any infection when there isn't any testing, not even rapid test? Just because you live far away from other people doesn't mean you can't get infected let alone immune. This virus could stay in surface such as paper money which exchange hands so many times. And lately (at least around here) there has been spiking number of asymptomatic positive cases. In my city alone, 2 3 star hotel were chartered just for isolating those asymptomatic patients.