Sure. But what event leads to a sudden realization in global debt and monetary markets that this is reality? When do we see 122 trillion in debt and unfunded obligations and go "oh, really."
The French Revolution was partially powered by debt. The government could hold a massive amount of debt, but then a tipping point was reached and it all fell apart.
A tipping point would not only be bad for America, it would be very bad for the world.
That is the nature of most problems, you have to act with limited knowledge. I have a very close friends who works in a corona ward here in Israel. She says that not only are patients coming in less ill, the doctors know how to treat them far more effectively. It isn't double-blinded trialed knowledge, but tribal knowledge. That said, it is still working.
The very lack of regulation, combined with a high level of medical knowledge, might be contributing to our low death rates. Israel's serological death rate is about 0.14% - a tenth of New York or Miami's and a about a 40th of Sweden's.
Other countries (the end of the article) have different graphs. But my point wasn't making the US look bad, it was just looking at whether the virus is maybe not doing what it did before (for whatever reason).
On the political aspects: since the beginning of this, people have been pointing to the upcoming catastrophe in red states. But even today, only Louisiana is anywhere near the top. Florida is 1/10th of New York, Texas is 1/19th. People have pointed to the rise in cases as an obvious lead-in to massive deaths in those states - but the death numbers aren't tracking the case numbers. Deaths are still falling despite *massive* case increases. It makes me suspect the desire for criticism is driving the headlines.
The WSJ estimated 15,000 additional Alzheimer's patients have died *without* coronavirus. That is a 10% of the coronavirus toll in a single particular second-order effect.
As another easy to imagine effect: we are spending ourselves into the ground to prop things up now. Where will the money come to support our public health system in the future? Second-order effects, but still very real. Our long-term healthcare capacity will be badly damaged by an extended economic collapse.
About 9 million a year die from hunger. This year, major hunger metrics are up about 75%. That is about 7 million more dead from hunger. And that is just a first-order economic effect of lockdowns. The West will also see more crime, suicides and declines in public health all associated with extended unemployment. And, of course, riots that correlate with with high male unemployment as well as aggressive CCP actions etc... due to Western paralysis.
The 'first wave' had a significant and closely followed rise in deaths - as per the chart above. The 'second wave', for whatever reason, is not following this same course.
Of course the danger is real, but the side effects of the treatment are very likely worse.
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Coronavirus: Let's Move On
Sure. But what event leads to a sudden realization in global debt and monetary markets that this is reality? When do we see 122 trillion in debt and unfunded obligations and go "oh, really."
The French Revolution was partially powered by debt. The government could hold a massive amount of debt, but then a tipping point was reached and it all fell apart.
A tipping point would not only be bad for America, it would be very bad for the world.
Coronavirus: Let's Move On
Cynthia, see above.
Coronavirus: Let's Move On
That is the nature of most problems, you have to act with limited knowledge. I have a very close friends who works in a corona ward here in Israel. She says that not only are patients coming in less ill, the doctors know how to treat them far more effectively. It isn't double-blinded trialed knowledge, but tribal knowledge. That said, it is still working.
The very lack of regulation, combined with a high level of medical knowledge, might be contributing to our low death rates. Israel's serological death rate is about 0.14% - a tenth of New York or Miami's and a about a 40th of Sweden's.
Coronavirus: Let's Move On
And what will bankrupting Social Security and Medicare do for the elderly in 10 years time?
Coronavirus: Let's Move On
Other countries (the end of the article) have different graphs. But my point wasn't making the US look bad, it was just looking at whether the virus is maybe not doing what it did before (for whatever reason).
Coronavirus: Let's Move On
On the political aspects: since the beginning of this, people have been pointing to the upcoming catastrophe in red states. But even today, only Louisiana is anywhere near the top. Florida is 1/10th of New York, Texas is 1/19th. People have pointed to the rise in cases as an obvious lead-in to massive deaths in those states - but the death numbers aren't tracking the case numbers. Deaths are still falling despite *massive* case increases. It makes me suspect the desire for criticism is driving the headlines.
www.statista.com/.../coronavirus-covid19-death-rates-us-by-state/
Coronavirus: Let's Move On
Orange is deaths (7 day moving average). Blue is confirmed infections.
Coronavirus: Let's Move On
The WSJ estimated 15,000 additional Alzheimer's patients have died *without* coronavirus. That is a 10% of the coronavirus toll in a single particular second-order effect.
Coronavirus: Let's Move On
As another easy to imagine effect: we are spending ourselves into the ground to prop things up now. Where will the money come to support our public health system in the future? Second-order effects, but still very real. Our long-term healthcare capacity will be badly damaged by an extended economic collapse.
Coronavirus: Let's Move On
About 9 million a year die from hunger. This year, major hunger metrics are up about 75%. That is about 7 million more dead from hunger. And that is just a first-order economic effect of lockdowns. The West will also see more crime, suicides and declines in public health all associated with extended unemployment. And, of course, riots that correlate with with high male unemployment as well as aggressive CCP actions etc... due to Western paralysis.
The 'first wave' had a significant and closely followed rise in deaths - as per the chart above. The 'second wave', for whatever reason, is not following this same course.
Of course the danger is real, but the side effects of the treatment are very likely worse.
www.wfp.org/.../world-food-programme-assist-largest-number-hungry-people-ever-coronavirus-devastates-poor