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Old 17-06-2020, 08:19   #4033
jfman
Architect of Ideas
 
Join Date: Dec 2004
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Re: Coronavirus

Quote:
Originally Posted by pip08456 View Post
Based on what fairytale evidence?
It's far from fairlytale evidence pip. It stands to reason - countries that can operate their economies normally will get close to pre-Covid levels, quicker.

It's taken 4-5 months to get to antibody levels about 14% in the population. Getting to herd immunity levels o 60-80% means managing the flow for something in the region of 20 months. 20 months of less people going out, less tourism, more working from home - all of which increases unemployment from reduced demand in the economy.

The fairytale is the idea we ease restrictions and everything returns no normal. It's flawed classical economics - "if you build it they will come". Demand needs to be stimulated from somewhere - during a pandemic the question is where from?
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