Large parts of the economy are going to have to be off-and-on sub-par until a vaccine is found or the virus burns out -- shut down for months, re-activated, and then shutting down again. The best solution for the wealthy countries is probably an emergency UBI, funded by debt.
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The idea that this is going to be all over after 2 hard months seems optimistic. As long as the virus is floating around, we'll have trouble, so need to make an economy nimble enough to deal with occasional disruption.
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Replying to @HeerJeet
Isn't the "2 hard months" theory based in part on the idea that at that point there will start to be some immunity among those who've had it and recovered? So there will be rolling waves of people who can safely go back to functioning?
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Replying to @VirginiaOPossum
But previous flus haven't worked like that. Second season of Spanish flu was harsher than the first. No guarantees.
7:45 PM - 12 Mar 2020
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