This thing would take down the economy whether we tried to stop it or not.
I saw that it was getting out of control in Japan and S.Korea three weeks from last Friday. On Monday the market caught up to me and the started falling.
The market fall would have happened whether the MSM said anything or not.
As soon as people started looking at why the market fell, they would have started doing the social distancing. Maybe not as severe as we are now that government officials are behind it. But once people started getting sick around them the social distancing would have occurred and occurred hard.
Talking about it and getting an action plan in place to slow the spread is going to end up reducing the fear. It’s going to allow the market to rebound faster. There will be more trust in what the government tells us than if they had just remained quiet and not addressed it.
Ultimately the course we are on is the best course for the market and the economy.
It’s a copycat world, once other countries started doing it, it was only a matter of time we’d be doing it.
I disagree, but nicely. If we had focused on mitigation for at risk populations, while implementing sensible protocols for everyone else to go about their business, we would have greatly reduced the panic and the rush to shut everything down. As it is now, we are actually prolonging this by preventing normal herd immunity cycles throughout human history.