You only have to look at the Philippines where the military is being used to lock people indoors for long periods of time. The Philippine government continues to do that without providing monetary aid to the people being locked up. When your body is weak due to hunger, how are you supposed to survive the Corona Virus? Despite, the military shutting down everything, practically, it has just made more people poor in the Philippines.
Shutting down is a dumb solution because people still have to earn a living to eat. Starving people only, makes them more vulnerable to getting the Corona Virus with their weak immune system. People still have to go to the grocery store, pharmacy, post office, etc. The economic toll is going to be worst with the lost jobs which are not coming back.
Luckily our military isn't being used to lock people indoors.
Misinformation / Disinformation...
Shutting down is a dumb solution because people still have to earn a living to eat. Starving people only, makes them more vulnerable to getting the Corona Virus with their weak immune system. People still have to go to the grocery store, pharmacy, post office, etc. The economic toll is going to be worst with the lost jobs which are not coming back.
- I think that's an odd statement because you had prior stated people should just move their business operations online.
Regardless, most people do not need to go to the grocery store. Most people do not need to go to the pharmacy...most of these types of stores do delivery and some do it for free during this Pandemic whereas its different for other countries in which you have a bigger grocery bill or a delivery fee.
Of course there's an economic toll. There has never been a Pandemic nor a Epidemic when there was not an economic toll. Its like saying there's a war and nobody gets hurt...reality...there's a social / physical / mental / economic toll.
- In some situations, there's a political toll. Governments change based upon how it managed a Pandemic.
Also, it depends on the country about how much of a toll there will be but there will be some sort'uv of a toll. Thus, some countries needed to do a full lockdown. Other countries only needed to do a lockdown lite while a few countries did not need to do a lockdown.
Thus, depending upon the country...the economic toll will either be worst or less based upon how prepare they were prior to the Pandemic and how prepare they were after re-opening. The point I'm making...
there is a toll.
Be aware of this fact as an example, some countries that did
not lockdown...their economy is worst
or deteriorating because their economy was dependent upon trade relationships with other countries that did a lockdown
or they did not lockdown while having a healthcare system
not able to manage the Pandemic and the latter resulted in unusual number of deaths.
- The world is not like the early 1900's...each country less dependent upon other countries.
Today, we're more globally connected and more dependent upon each other and even more so for the typical person that's not rich.
P.S. Hopefully you're not in a country that uses the performance of its stock market to determine if life is good or bad during a Pandemic.
wrbtrader
