Posted on 03/22/2021 7:42:37 AM PDT by entropy12
Israel has fully vaccinated more than half its population, getting shots in arms at a pace that is far ahead of any other nation. So what has it done for Israel’s economy?
The question is a vital one, as world leaders have staked the recovery on the notion that vaccines will help bring back jobs and restart the global economy.
This comes as Israel continues to make significant progress in its vaccination campaign. The country has fully vaccinated 50.2% of its population, according to Bloomberg, and given at least one dose to 57.1%.
(Excerpt) Read more at marketwatch.com ...
The US is ~50% vaccinated as well, but our economy is flagging. It has nothing to do with the vaccines and everything to do with the regime in power.
That is still an open question. Some countries like Thailand and Philippines are lagging behind badly in vaccinations and their economies are an unmitigated disaster, many people literally have no food after losing jobs due to covid-19.
The US is at 25% with 1 shot and 13.5% fully vaccinated.
Our economy is holding up very well actually in spite of Biden/Kommiela. Best indicator of economy is how stocks are doing. As of this morning, stocks are very close to all time high. I can guarantee if economic prospects are dismal, stocks would not be near all time high. I can say that after 57 years of trading stocks.
S&P 500
3,937.23
+24.13(+0.62%)
Dow 30
32,700.47
+72.50(+0.22%)
Nasdaq
13,359.01
+143.77(+1.09%
Thanks semimojo for correcting the REAL numbers of vaccinations in USA. raresita please take note.
The government has made sure no money can be made from interest rates, so everyone plows money into stocks, instead.
Couple that with QE 1-4 and many trillions of government fiat monies from thin air in the past two years, and you have a recipe for a massively overvalued stock market—one that traders say is ripe for at least a 20% drop as the interest rates edge up.
Great reply to entropy12!
You summed it up far better than I was about to attempt to explain it to entropy12.
JohnG
How much of that is the ridiculous interest rates and the 6 trillion, dumped into the economy. My notion is when the play money runs out the markets will correct hard!
How is it possible their economy was only slightly blunted, despite vacationers (Florida's major income source) being in lockdown states and countries?
It's a strange conundrum that escapes all logic, isn't it?
On top of that, there is an extraordinary number of retirees in Florida.
Why didn’t they die like they did, elsewhere?
It was extremely EASY to get vaccinated in Florida as a senior myself. I have talked to every senior in my condo complex, and everyone has received at least the 1st shot.
I and my wife got an appointment ay Publix pharmacy in St Augustine on the first try. So yes, Florida seniors are getting vaccinated in large numbers from what I see.
You did not address the substance of what I said when I said:
“Strangely, vaccines and lockdowns don't describe why Florida has done so well during this entire time, as they didn't have lockdowns and didn't have vaccines.
How is it possible their economy was only slightly blunted, despite vacationers (Florida's major income source) being in lockdown states and countries?
It's a strange conundrum that escapes all logic, isn't it?”
Don't confuse state-level requirements with how people actually behave on the ground. For instance, FL has no state mask mandate but nearly every county has or had some requirement:
Beyond the veil: What mask requirements are in place in Florida?
The real challenge for epidemiologists post-Covid will be figuring out what behaviors actually affected the spread, and I'll bet state mandates end up being pretty far down the list.
I live in a county with no mask mandate. Gov. De Santis recently vacated all county and municipal fines for people for non-compliance. Rarest wife and I don’t patronize businesses that require masks. Super simple stuff.
Which probably has approximately zero effect on how people behave.
You and your wife kind of illustrate my point - it isn't mandates driving how you act.
DeSantis set up regional nursing care centers for elders who had covid - they were treated without putting other non-covid patients at risk.. while receiving the best and safest care possible.
Israel also has 40% of the population of Florida --- .025 percent of the total US population.
I am in the camp AGAINST lockdowns. That said, it is my opinion that it is better to prevent covid than treat covid.
Wisely, every senior I have talked to, and there are many seniors in my condo complex, almost all without exception are getting the vaccine. If the vaccine had no side effects on me at age almost 81, or my wife who is a stage-4 cancer patient going on 3 years, I see no wisdom in refusing the vaccine if you are old or have co-morbidities.
I would not enjoy any hospital treatment for covid-19. The vaccine was a piece of cake in comparison. I heard patients in hospital are 100% isolated in a plastic tent and no loved one can touch them. No thanks.
“The US is ~50% vaccinated as well”
Not true.
On the 21 March report, CDC said 13.3% of the population was fully vaccinated, 24.5% had at least a first shot. (https://covid.cdc.gov/covid-data-tracker/#vaccinations )
The rate at which we are giving out shots is increasing (now about 3 million per day), but we are 2-3 months behind Israel in % terms.
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