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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: arun gera who wrote (160537)7/26/2020 5:09:54 PM
From: Maurice Winn  Read Replies (1) | Respond to of 217615
 
The article wasn't much help, confusing economic confidence with actual economic activity. But the comments section was very good = many intelligent comments.

As many pointed out, mesh economics mean 1 country can't do well when their customers in other countries aren't buying.

Also, individual decisions such as staying home and not buying cause economic decline whether it's done by government edict or personal choice.

To measure the results, the value of lives lost and other costs need to be offset against the gains of improved economic activity.

562 lives lost x $50,000 per life = only $30 million. Maybe the average value of the people who died was $100,000. Surely not $1 million as they are mostly old geezers near enough to on their way out.

We don't see much, or any, value analysis. With only 600 dead, Sweden could name them and estimate their value. Heck, it might be a net gain. Early on there was a comment I saw that WuFlu is "Boomer Remover ". The comment was intended to imply it's a good thing. As a Boomer I felt a bit hurt that the Millennials don't love me and my life's work.

Their attitude is more "Yeah, yeah. OK Boomer. Now shut up and get out of the way. Here, have a dose of Boomer Remover."

Mqurice