quote:

The real question here is is the world plus coronavirus with a normal running economy worse then the world plus coronavirus with a train wreck economy.

Correct

And since we're one of the last of the developed countries to experience mass infection we might be one of the last to come on line unfortunately

And given our exposure to the rest of the world I'm not sure what our economic ceiling would be if we went about life as usual and the rest of the world is handcuffed

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Posted by ShortyRob

Member since Oct 2008

82116 posts

Posted on 3/26/20 at 6:07 am to Powerman

quote:

And given our exposure to the rest of the world I'm not sure what our economic ceiling would be if we went about life as usual and the rest of the world is handcuffed

This is actually another great argument for why crushing the economy is silly. We are almost certainly going to see this virus again. We can't crush the economy every 12 to 18 months

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Posted by ShortyRob

Member since Oct 2008

82116 posts

Posted on 3/26/20 at 6:10 am to Powerman

quote:

And given our exposure to the rest of the world I'm not sure what our economic ceiling would be if we went about life as usual and the rest of the world is handcuffed

I realize that I slightly Misread this paragraph in my last post.

We definitely won't reach our ceiling until the rest of the world comes back online.

This does bring up another point that the average American probably doesn't think much about. but the negative effects of a crushed American economy extend outside of our borders. More the point the negative effects of a crushed first world economy extend well outside of our borders. And they will most certainly experience a significantly higher death rate for reasons unrelated to coronavirus because of it

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