03-14-2020, 12:47 PM
Stories came out of both Iran and Italy showing how they were slammed by a healthcare crisis (basically case overloaod overwhleming capacity) when they were unprepared for COVID-19. That is what is precipitating this reaction, as far as I can tell. The inability to test to a large degree exacerbates the uncertainty.
Is total societal shutdown an overreaction? One can never know. That is a paradox built into policymaking. You can never really be sure what would have happened had different decisions been made. Certainly the disruption is going to affect the economy and financial markets.
Is total societal shutdown an overreaction? One can never know. That is a paradox built into policymaking. You can never really be sure what would have happened had different decisions been made. Certainly the disruption is going to affect the economy and financial markets.
Steve Barrera
[A]lthough one would like to change today's world back to the spirit of one hundred years or more ago, it cannot be done. Thus it is important to make the best out of every generation. - Hagakure
Saecular Pages
[A]lthough one would like to change today's world back to the spirit of one hundred years or more ago, it cannot be done. Thus it is important to make the best out of every generation. - Hagakure
Saecular Pages