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Stage 2: Accept coordination of low situational value (eg social distancing), letting pros lead Stage 3: Acute compassion gives way to chronic empathy. Scenario forecast based measures mooted. Stage 4: Knives out, memories of past crises, “not this time” overcompensation ...
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Stage 5: Disaster capitalism, disaster idealism, arbitrage, and profiteering plans begin to crystallize Stage 6: Long-term measures kick in. Cantillon effects begin. Goodhart law citations through the roof. Stage 7: Crisis passes. Scars at all levels. ...
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Stage 8: Cohort of most-hurt people develops festering wounds and activates and organizes into a political actor with long-term grievances. Cohort of accidental/deliberate beneficiaries creates new false consciousness to rationalize the outcome as natural justice.
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