Friday, May 22, 2020

JP Morgan Study Claims Lockdown Measures Have Resulted In Economic Devastation And Could Have Also Resulted In More COVID-19 Deaths

All 50 states have at least partially reopened this week by relaxing restrictions on businesses and social distancing in varying degrees across the country

Daily Mail: Many US states have seen LOWER infection rates after ending lockdowns that are are now destroying millions of livelihoods worldwide, JP Morgan study claims

* A JP Morgan study suggests lockdown measures have not only resulted in economic devastation but could have also resulted in more COVID-19 deaths
* Strict stay-at-home orders put in place in most states to stop the spread two months ago has so far seen nearly 39 million American lose their jobs
* There are now more than 1.6 million infections in the US and over 95,000 deaths
* The JP Morgan report says that restarting the US economy may not lead to a second surge in infections that health experts have feared
* Report says infection rates have been falling seen since lockdown measures were lifted in parts of the country
* Alabama, Wisconsin and Colorado are among those that saw lower infection rates (R rates) after lockdown measures were lifted, according to the report
* The R rate is the average number of people who will become infected by one person with the virus

Coronavirus lockdowns have 'destroyed millions of livelihoods' but failed to alter the course of the pandemic given many US states have seen lower infection rates after easing restrictions, a JP Morgan study has claimed.

The statistical analysis has raised questions about the effectiveness of the lockdowns put in place across much of the United States two months ago to stop the spread of COVID-19.

It suggests that the lockdown measures have not only resulted in economic devastation but could have also resulted in more COVID-19 deaths.

The strict stay-at-home measures put in place by the governors of most states in mid-March has so far seen nearly 39 million American lose their jobs and forced businesses to close.

Read more ....

WNU Editor: Too early to say if the the above JP Morgan study is right. But current trend lines are disturbing .... non-Covid-19 deaths in the form of suicides, drug addiction, etc., are rising, brought about by the economic destruction that these lock-downs have imposed. And this is not only happening in the U.S.. I live in Montreal (Canada), and 82% of the Covid-19 deaths that have been registered in my city have come from long term care residences and private seniors residences (see here). And of the remaining 18%, a good part of that number are people with preexisting conditions. So did closing the entire city and destroying its economy help to keep the death rate low for everyone outside of these senior residences and homes? And will the social and health costs of losing one's business or livelihood result in more deaths in the next year or two? That is a debate that many are starting to raise right now.

Update: Oh oh. Results from Europe are starting to come in, and they show that “the relative strictness of a country’s containment measures had little bearing” on the death rate .... The Results of Europe’s Lockdown Experiment Are In (Bloomberg).

12 comments:

RussInSoCal said...

Looks like the infallible Dr. Fauci has caught a whiff of this new wind.

https://www.cnbc.com/2020/05/22/dr-anthony-fauci-says-staying-closed-for-too-long-could-cause-irreparable-damage.html
Stay-at-home orders intended to curb the spread of the coronavirus could end up causing “irreparable damage” if imposed for too long, White House health advisor Dr. Anthony Fauci said.
“I don’t want people to think that any of us feel that staying locked down for a prolonged period of time is the way to go,” he told CNBC.

Anonymous said...

Not just him but many others Russ.

Jac said...

North European countries didn't lock down and have very good result on the mix of health and economy.

Anonymous said...

Da Clerk still believes in the lockdown.

But he always believes everything a Democrat leader tells him.

The tragedy of the clerk was not that he wads born before or after his time, but that he was born in a non authoritarian country. He would have been much happier in Stalin's USSR.

Anonymous said...

here is an easy prediction:

The same media channels and "journalists" who at the top of their lungs screamed and shouted at Trump to put everyone under quarantine will now demand his head for ruining the economy, completely ignoring and forgetting what they called for and what led up to this. High treason. Until we deal with our treasonous media we are a doomed society.

If Don Lemon still holds a job by end of this year, it's a clear sign of a decline of the west.

If Anderson Cooper still holds a job, it is a clear sign of a decline of the west.

If Amanpour still holds a job, it is a clear sign of a decline of the west.
Same for all the lightweights on CNN, MSNBC,WaPo, Ny Times. All lied to us. All failed us.

If CNN and MSNBC are not investigated for malpractice and high treason , it is a clear sign of a decline of the west.

Same for the morning show @Joe S. The "view" and all the other dimwit leftie shows. The USA is in rapid decline since the left became stronger and could spew lies 24hrs/7 days a week. The leftist activsm culture hypnotised you with lies and wrong priorities (gender discussions, bathrooms etc) while China prepared to exterminate you. Literally.

The Washington post received a pulitzer price for lying about Russia hoax and smearing the Trump administration for 3 years.

If the WaPo still exists by end of 2020 you know the USA is nearing its end.

Stand up. Demand justice. Trillions lost. People hurt. Lies told. Look at the money trail between CNN and time Warner and AT&T.

Your media lies to you, enslaves you and puts morally corrupt, intellectual light weights at the helm. Tells you they are the elite while they are wrong over and over and over again. Preschool Children are more often right. It is the greatest failure of our culture.

Despicable and embarrassing to watch from afar.

Anonymous said...

there are many unknown forces out there to destroy us...they are all over the place. I can not at this time name them.

Anonymous said...

I am in a super lockdown state. There is a party 2 doors down. No one is taking this seriously. Why should they? It is a joke. Even the Gooberman thinks it is a joke. Yet, the goobernor continues the charade for political gain.

The Gooberman does not care how many people he puts out of business. His party will be in control and once it is over, those unemployed will have to come to him.

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