Quote:
Originally Posted by Pierre
Someone else that came out when he wasn't supposed to!
---------- Post added at 14:47 ---------- Previous post was at 14:45 ----------
300,000, for example, using cold numbers, is a tiny fraction of the population.
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It may well be a tiny fraction of the population but you are ignoring the economic impact of Coronavirus before lockdown.
Consumer confidence tanks if you tell people there's a chance that they, or their loved ones, could die unnecessarily. Added on top millions of infections, sick leave and people taking time off to look after ill family members and kids.
At a global level the economy is a big pozni scheme anyway. States can easily underwrite people's living standards through lockdown and everyone comes out the other side with the same job and wealth as before if they really wanted to. However, as Moggs investment firm pointed out, there's money to be made during a crisis.