* UBS had originally estimated that the number of coronavirus infections in the U.S. would approach zero by the end of 2021.
* But this week’s vaccine news has made the bank bring that forecast forward by six months.
* Seth Carpenter, chief U.S. economist at UBS, believes U.S. policymakers will disappoint markets by providing a lower-than-expected stimulus package.
LONDON — The latest coronavirus vaccine developments have brightened the outlook for the U.S. economy, with UBS economists boosting their GDP forecasts for the country.
Pfizer and BioNTech announced Monday that their Covid-19 vaccine was more than 90% effective in preventing the infectious disease. The announcement fueled optimism that the pandemic could come to an end sooner rather than later, driving up stock markets globally.
UBS had originally estimated that the number of coronavirus infections in the U.S. would approach zero by the end of 2021, but the vaccine news has made the bank bring that forecast forward by six months.
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WNU Editor: If the vaccines work better than expected, and there are no problems in their manufacture and distribution. Then yes. The number of coronavirus infections in the U.S. will quickly crash.
8 comments:
6 months? Near zero? I'd be surprised.
Actually we can easily make cases "crash" by scaling back contact tracing, properly calibrating the test kits making them less prone to yield "false positives," and eliminating the financial incentives to classify patient deaths as caused by COVID. As with any pandemic, they burn themselves out in 18 to 24 months generally and in terms of pandemics the only thing unusual about this one is the government response. As such, I'd expect this one to follow the same pandemic. Even without a vaccine cases plummet to near zero sometime between June and December 2021, probably closer to June. This is hardly a genius prediction on the part of UBS.
So what the cases are increasing? The deaths have remained flat and lower than they were in the Spring.
remained the same...ok. not you or yours so who gives a shit
hospitals overrun...care takers wiped out: who gives a shit
we have rounded the curve, right
250,644 DEAD who cares?
"Who cares?" Obviously not you as the government response to this which usually appear to support is killing abd hurting more people than the virus itself. This is easily determined. If suggest getting out of your echo chamber and interacting with normal people. The extraordinary benefits and compensation enjoyed by government abd news media employees do NOT represent normal people.
This pandemic as with previous ones will burn itself out. This one thus far is no different except Perhaps less deadly than previous ones. The only "novel" thing about it is the government response.
The pandemic will be over by the nid to latter part of 2021. In contrast the ramifications of the government's actions here will reverbate for decades in terms of shortened lifespans due to increased poverty and chronic illnesses brought on or exacerbated by the extreme stress of the government reaction and will far exceed deaths caused by COVID-19. I would say it is you who does not care or Perhaps you're blinded by ideology.
remained the same...ok. not you or yours so who gives a shit
hospitals overrun...care takers wiped out: who gives a shit
we have rounded the curve, right
250,644 DEAD who cares?
Oh looky here, Parrot took a crap again.
A) Hospitals are not overrun. We are jot at 100 ICU capacity. If we are, we can activate the active and reserve military and build field hospitals like we did in spring and the fucking NY governor (D) did not use them.
So Parrot Is call Bullshit on that one., We are not overrun. We are not at 100% ICU capacity.
B) Care takers wiped out. There were a handful last spring in China, the US and Europe, Maybe if you really searched, the world over you could make a 100.
You asserted. Now provide proof. Oh wait, I am asking da Parrot for proof. He never does that. Hew just shits and moves on.
c) "250,644 DEAD who cares?" No about 10,000 to 15,000 dead "from" COVID
The rest died "with" COVID. I bet a lot oif those elderly that died 'from' COVID would have died this year anyways and that their life was only shortened by 2.5 months.
Things we will never see. Parrot apologizing taking people to task, but being wrong over and over and over.
After 2022 when we look at the death rates and find that 2020 was not higher tan any other year, we can expect the following. Parrot to no apologize.
Lockdowns delay not prevent COVID. So I look for a Biden lockdown. Then when it has gone away, smug ass leaves his hovel and BOOM! dead from COVID. That would be karma.
"Perhaps you're blinded by ideology."
You give too much credit to Parrot. You need a certain minimum amount of IQ to have an ideology. Just put it down to stupidity on the bird brain's part.
A look at the psychological burdens of COVID lockdowns
"The young and those with previous issues are hit hardest by lockdowns."
"Sacrifice the grandkids for the grandparents that is what I say!
It is the perfect way to ensure future generations."
- Derp The Learned
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