The problem is if hospitals are overrun, the death rate becomes much higher. I think there is a 10 to 15 percent hospitalization rate. We don't have enough beds if enough get infected at once.
152 karma · joined February 17, 2020
There are going to be some more news bombshells before public perception shifts. You need to wait until everyone is in despair before investing.
An excerpt:
Iwata said he saw people eating lunch with their medical gloves on, and handling their smartphones while wearing protective suits, “so it was completely chaotic."
With a procedurally generated world (unless part of that procedure was simulating a very detailed history) the answer to all of my questions are, this particular oddity, just like all other oddities, is just an artifact of a psuedo random number generator.
If suits only happened when businesses actually did something that truly did damage to society, then I'd agree. But reality is far from this.
This depends if people are forward looking or not. Bonds have terms, an account in the Treasury does not, which means it has no real meaning at all (It has no effect on anything so who cares if it ever gets paid back?). So, this is just obfuscation of money printing.
When a government starts money printing, their money doesn't look so good anymore.