[ExI] cumulative cost of shutdown

[Stathis Papaioannou]

On Thu, 8 Apr 2021 at 08:16, spike jones via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

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> *From:* extropy-chat <extropy-chat-bounces at lists.extropy.org> *On Behalf
> Of *Stathis Papaioannou via extropy-chat
> *…*
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> >>…We have some notion that we can stay shut down until it is safe to
> re-open, but we really can’t.  That isn’t right.  Had we known we would
> still be in this situation a year ago, most governors would not have opted
> to shut down at all.  At some point, the cost exceeds the value.  We are
> way past the breakeven point and are deep into net loss.
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> >…What about the economic cost of a deadly disease?
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> Stathis Papaioannou
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> It’s high.  What we still don’t have is good evidence that shutdowns are
> effective in stopping it or slowing it.  It seems like masks and shutdowns
> should be an effective countermeasure, but we really haven’t seen good
> evidence that they are.
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What other explanations are there for the very low rates of COVID, and the
relatively healthy levels of economic activity and normalcy in everyday
life, in countries such as China?

> --
Stathis Papaioannou
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