Its not really going to harm the economy that much, if by the time we figure out the vaccine, (6months?) after the quarantines are lifted there will be mass shopping sprees and demand for all types of goods, it will allow the economy to rebound, the central banks will have to absorb the depression in the GDPs and we pay it back through increased tax and austerity.
Quoting: Anonymous Coward 78403405 I beg to differ...
What will affect the economy....there will be massive death...down the road fewer people to buy things and pay taxes.
Any place that is under lockdown...things are not being produced
This affects everything....people won’t be paid for not working
People will stop going out...so restaurants will suffer, people will pull their kids out of schools, and not be likely to send them back
People won’t be able to pay their bills
Remember most of the ingredients in our prescription drugs come from China....so imagine all the shortages and people not able to get their medications
Crime will escalate and people will abandon their jobs
The fallout is so much worse than the virus itself
Common sense shows all the reasons for the governments to lie to prevent or delay panic
