If policy makers are stuck with frequent, long periods of lockdown, it will kill business and consumer confidence. No one can plan. No one will invest. We lose many $trillions.— Paul Romer (@paulmromer) March 31, 2020
If we spent $100 billion on testing, can contain the virus with no lockdowns.
Sounds cheap to me. pic.twitter.com/VlIAhOMarh
The Seneca Effect: Why Growth is Slow but Collapse is Rapid by Ugo bardi Seneca Effect Usually you want to slow the decline but nature like us must abhor things that taste bad and want to get it over with like a dentist appointment. Implosion, if the buildings around can take it. Many times when companies go bad, repackaging useful pieces and selling them buys time for other parts. eg Nokia to Microsoft. When is study of declines helpful? study of shark population
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