The stock market is not the economy. It is somewhat a reflection of the health of an economy. A working economy is necessary for the survival of a society.
but we have to shut down our livelihoods for covid and why?....
we better realize that everyday is a risk to our lives, or somebody's' life and we can't stop the world to prevent that....
I'm predicting that the total death rate in this country will not be any different than any other year....I predict the same for Italy....and if that turns out to be true, then all we have done is killed off industry and the futures of our children and our grandchildren....because things will never be the same again...
No country lacking wealth has an adequate health system.
It takes money, and lots of it.
By the way, those who think that it is worth risking the country's economy....the anything to save one life crowd....obviously did not live during the lGreat Depression.
For me at my age then, it was a great time. Unlimited freedom, no worries other than mumps, chickenpox, the fear of scarlet fever and typhoid while living with kinfolk on the farm, TB, whooping cough,......
But it was a terrible time for my parents, who lost everything and had to start over from scratch, with two boys.
To those who think a depression is no more than a down economy and a trivial matter that we will sail through as we have the last several recessions, I say you have no idea.
Saving the economy today is much like saving the nation in war. Many might be lost, but it is what it is.