Hacker News new | past | comments | ask | show | jobs | submit login

I have a feeling governments are going to relax restrictions given the enormous economic costs we're absorbing right now. It may be medically advisable to keep this up for like 18 months, but there's a cost to plunging the world into a global depression that could outweigh the cost of treating a rampant virus. At some point we're going to have to declare the curve to be sufficiently flattened and ride it out until a vaccine can be deployed.



The cost to plunging the world into a global depression is far worse than this virus will ever be.


Could you share the analysis that led you to this conclusion?


conclusory statement.

You got to ask, are our homes burning, our factories being bombed. Our skilled workers going to die?

Answer is no.

Only danger we face if we bring the hammer down and squash this is it'll upset the delicacy balanced system extracting passive rents from working class people.


Worse than killing millions? What's the economic impact of that?


And then we'll have to learn to live with the knowledge that our "strong" economy can't handle a pandemic with a 1% death rate, and that we were incapable of handling it as well as other countries like South Korea.




Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: