Hi,
Economically the sensible thing to do is to let the virus rip thru the population, bury the dead, the majority being old and wrinkly, then move on.
The question is how many deaths are we prepared to tolerate?
And it will be a lot more than 250k , and a lot more not so old and wrinkly.
I think the overall mortality will end up averaging around 1%, but that is assuming a functioning health system.
An overwhelmed system may produce 2 to 3 times that , as not so sick , old and young , who might have survived with treatment, die without it.
There are other imponderables, if a large number of youngsters end up with post corona lung disease, the economics change again.
So, in summary, we don't know enough to be
definitive, so muddling thru with , relatively, easily reversible measures, seems sensible.
disc: I would estimate my mortality at between .8 and 1.2%
sentiment: your method would suit me well, but I would still prefer the present approach which thinks in humane rather than monetary terms.
cheers
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