We should all be learning so much as a country right now. You were spot on suggesting that we follow the trajectory of corrections being made to the first-laid plans.
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I completely disagree with this reasoning.
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That's why people need to study economics. They would learn that people change their actions depending on what they expect for the future, in an attempt to change the forecasted outcome.
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If the virus was present in Wuhan in November, with unrestricted global air travel until Jan, with the infected possibly infecting 2-7 people each, would it be reasonable to assume thousands here have already been affected and died?
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If we only recently began testing, those prior deaths would not be attributed to COVID-19. Many in the US are reporting a Nov/Dec illness with the same symptoms. Flu swabs were coming back negative.
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Economic collapse is very unlike what is happening now. This is a weird hybrid and no one can predict where it goes because of all the government and private adjustments rapidly being made. When over, the bounce back should be impressive.
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