Hello RD, <<... provide an example or your theory of how Sars could provide a long term boost?
... Black Plague ... GDP went through the floor>>
$#@4567_)(* I was hoping everyone would give me a free pass on that one, but noooo, you had to ask for the near impossible:0)
Let's see:
(a) chicken farms would have to be separated from pig farms, bullish for land prices, landed gentry, and creates pricing pressure on pigs and chickens and eggs in an otherwise deflationary environ
(b) animal husbandry would have to be pulled into modern age, bullish for pharma and cleaning products
(c) folks have to fix sewers, and developers would have to straighten out design and construction standards, bullish for housing
(d) tourism, school and health care facilities will have to upgrade, bullish for all manner of things
(e) insurance companies will have an easier time aggregating capital, bullish for all previously impossible to fund infrastructure projects
(f) [un-PC, but true, to an extent] old and weak will be fewer in position to claim on social security and pension, bullish for the young and healthy
(g) GDP will not go through the floor this time because of all the spending made possible by non-commodity based cheap fiat money
Caveat: the disease itself must remain under more rather than less control, population decrease stay within decimal of percentage range.
Chugs, Jay |
