BBUS, page-6939

interesting to note the death count hasnt jumped with cases (some good news at least).
seems to be this virus really ramps up in mortality when hospitals are overloaded. Ie: its treatable & beatable. Just need to keep the case numbers down (which america isnt doing)

Also means developing & lower socio-economic areas will be hardest hit due to lack of adequate hospital care

future outcomes
-the drastic shutdowns weve been through wont happen again unless the virus gets out of hand (California & florida examples)
-New york still generating 1k cases per day (seen as a win). this will be the new norm as we learn to live with the virus
-prevention will be essential going forward: masks, sanitising and social distancing
-treatments will improve. hospital capacity increase. personally, i dont think we’ll get a cure anytime soon
-much longer hit to economies and job recovery. new jobs and industries will appear, but the economic void will extend longer than expected
-theres no way governments can support unemployment and economies long term. V-shape is a myth. there is no exit strategy got government support
-once things stabilise support will be wound back. Bear market will ensue