Zero Hedge: When Will The Coronavirus Lockdowns Be Lifted? Here Are One Bank's Estimates
With most of the developed world on lockdown, and markets and economies paralyzed until there is a material decline in new coronavirus cases, i.e., until we slide "over the hump" of the coronavirus curve, the biggest question - and variable - in assessing the economic damage unleashed by the covid-19 virus is the length of the lockdowns now in force, with Deutsche Bank's Luke Templeman pointing out that "politicians and health officials have discussed dates ranging anywhere from weeks to over a year."
In an attempt to answer this most important for capital markets question, namely when will the civic and economic restrictions begin to be lifted in various key countries, Deutsche Bank provides some estimates largely based on the experience of the lockdown and reopening in China's Hubei province.
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WNU Editor: I do not share Deutche Banks view on when these lockdowns will be lifted. They based their projections on what is happening in China, and I frankly do not believe what China is reporting. There is also the issue of their being no vaccine and/or no medical remedy to treat this disease, meaning that we are probably going to be facing repeat outbreaks in the future.
1 comment:
You are not taking into account herd immunity.
You are not taking into account that the sickest were take and so subsequent flu seasons will be milder. There won;t be as many weak victims for the virus. A milder season won't provoke as much of a hysterical response.
Those people riding the hoverounds at Walmart; they are not going to make it. I like the hoverounds. They give people higher QALY that they wouldn't otherwise have. However, too many people now use them as a crutch and they actually shorten their lives. There people pile on additional weight, are pre-diabetic or diabetic and have no aerobic fitness. Expect them to be gone.
Do you suppose that mothers will people able to put the grade school kids in the shopping basket of shopping carts, where the food goes? I see this at Walmart. It see it at Target also. How hygienic is it that a kid can step in dogshit and then his mother (baby momma) put them in where the food goes? This is a white and black thing. Equal opportunity bad parenting.
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