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Originally Posted by OLD BOY
The public will not support another lockdown and the economy cannot withstand it.
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There’s no evidence to support either of these points, and economies who are taking no real action against the virus are also suffering - namely the USA and Sweden.
You are, once again, under the false illusion that we simply open everything up and return to economic growth. This is far from true - fledgling businesses will not be sustainable where demand is suppressed by a deadly virus doing the rounds. Unemployment rises, more people decide to save for a rainy day in case they hit hard times due to the virus, the cycle continues.
Household budget economics cannot save it’s way out of this one with more austerity.
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To avoid mutation, the virus needs to get through the population quickly. We might think we have been oh, so clever slowing this down, but fhe danger in doing so is that we may be laughing on the other side of our faces soon.
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You are assuming that a mutation makes the virus worse.
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Nature may well have the last laugh. But hopefully, not.
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The countries that suppress the virus successfully will have the last laugh with the greatest economic growth. Countries who let it go would have years of economic hardship and a prolonged recession - and no guarantee of success as it gives the virus greater time, and more hosts, to mutate in.