Counterpoint. We just start another world war to fix it
Your market already hit first ciruit breaker twice since the begining of pandemic.
I doubt you can easily fix it.
Nah, Iām doing duel enrollment so I could take it now if I wanted but Iām just waiting till spring semester next year cuz I have other classes to take
War economy is gonna only hurt it further.
Idk how it works I just know war sometimes can actually be good for an economy
Sorry but idk what that means
It means panic, selling shares, companies losing money and probably soon a massive firing of people to adjust to it.
Lots of companies have been firing people. Movie theatre in my area closed for an indefinite amount of time, fired pretty much everyone but managers Iām pretty sure
What happens if even more companies start firing people due to not being able to cover expenses or just go bankrupt?
Yeah, thatās how economic crisis work :^)
Thatās why for now our goverment just moved human resources to produce stuff to fight off the pandemic.
It both protects buisnesses, as well as people.
Itās a direct hit for the free market tho.
Likeā¦ goverment controlls the economy due to the crisis basicly.
I doubt USA will be able to do a move like that.
Theirs a large multitude of reasons we canāt do that
namely our powers at be downplaying this and being like āoh the flu is worse then this anyways donāt worryā
I mean itās not much worse than a bad flu from what I understand, itās the rate people catch it. More people will end up dying because hospitals will become overwhelmed and run out of space
Iām aware that when I describe moves my country made it soundsā¦ veryā¦ you know, authoritarian would be best word?
Like strenghtening military influence and potentially soon garnissoning everyone who can be useful for fighting off epdiemic.
Your country on the other hand will probably just finally research working cure and be the āpower and savior of the worldā.
Ehhhā¦
But until we find a cure, I actually am happy with my goverment actuallyā¦ trying?
Even if it seems authoritarian, lol.
And itās not only goverment, industry in itself is trying to help.
Polish oil company changed some production lines to producing antibacterial gels. Itās ridiculous that they sell those in carnisters on gas stations, butā¦ they are widely avilable now.
One car producing company just started producing some life-support machinery.
Itāsā¦ actually amusing.
So their trying to limit the speed that itās going to spread
That part is actually pretty funny, ngl.
Itās not even that itās unhealable either.
A lot of medicines is working nicely.
There is one problem.
No medicine works if someone has sever case.
They are just too weak if there is already too much virus in someoneās body.
Yeah, from what Iv seen and read the severity is about the level of a bad flu. The people that are really at risk are older people, or people who already have other factors weakening their immune system
And younger children as well
Yea.
There are some voices about disease having lasting effects tho.
And THAT is scary.
Like if you have it for too long, it can pernamently damage your lungs and immune system.
And if it spreads there simply wonāt be enough lungs to transplant.
So if that stuff getās confirmedā¦ we might have bigger problem on our hands in future.