It was not an attempt to bring up race, the whole point is about we only care because because it’s affecting our people, people who live close by, people who we personally care about, etc. Confusion cleared?

Combination of protecting economy and minimising losses through sheltering vulnerable old and people with pre-existing health issues.
Business as usual for the fit and healthy and shelter/cocoon the older 65+ people and the sick and vulnerable.
The majority of the population are fit and healthy: kids can go to school and businesses should stay open and allow the fit and healthy to maintain the economy and minimise economic impact. Valuable lessons will be learnt and better strategies and policies can be adopted to ensure a better outcome.

Singapore, South Korea and Hong Kong have kept their economies going and their approach is working. European nations and the Americans can learn from nations that have used better strategies and policies that have worked to minimise loss of human life.

Tell that the Hong Kong hotel industry which is hemorraging moneay like never before.

Also it is very naive to say that the young "fit and healhy" people should do as before. Hospitals see "fit and healhy" young people all the time, they just don't die in singificant numbers, but thanks to restrictions their numbers don't overwhelm the system.

We'll see in a few weeks what happens within all the countries that are loosening restrictions now. Interesting experiments, unfortunately pretty much  everybody is involuntarily included in these experiments. 

That was the initial plan in the UK which they started with first, then reversed course since all the mitigation models while sheltering the old and at risk still turned into the collapse of the health care system.
https://www.imperial.ac.uk/media/imperial-college/medicine/mrc-gida/2020-03-16-COVID19-Report-9.pdf

Welcome back to March 16th. Currently the UK has the highest reported daily cases and deaths in Europe thanks to starting late with suppression.

You would have to shelter everyone over 35 to keep critical care demand low enough. It's not just the 65+ and over. And how exactly are you going to separate families to achieve that? Or keep everyone over and under 40 apart in the work place?


South Korea didn't keep all their economy going and is suffering as well

https://www.fxstreet.com/news/south-korea-gdp-seen-lower-on-covid-19-uob-202004131044

“We expect the BOK to slash its 2020 growth forecast of 2.1% at its next outlook review. We note that the central bank did not give an updated growth forecast in the accompanying policy statement today. We project South Korea’s GDP to shrink by 1.0% in 2020, the worst since the Asian Financial Crisis when it contracted by 5.1%. We have factored in GDP contraction of -2.0% y/y in 1Q20 which will likely deepen to -3.2% in 2Q20 before some stabilization in the second half of the year. The pandemic developments form the greatest uncertainty in our growth forecast.”

Tourist industry is obviously hurting the most atm.



But true, the better strategy has been to respond fast, keep on top of it with testing, which is what South Korea did and is doing.

Hotel occupancy hovered around 91% prior to the virus. Tourism is a major source of income for Hong Kong.

Nations where large parts of their economy was due to turism, are gonna be hit hard by this virus.

Saudi-Arabia just released news about budget deficits of 9,1+ billion USD, for the first 3 months of this year.
Largly due to demand of oil, being so low, in combination with prices also being so low for it.
Apparently their GDP is down by over 22%.

Oil and turism....


In denmark, our national bank estimates growth over the year, could be about -3% (perphaps abit higher).
Its intresting to see how differnt countires cope, with this virus outbreak, and their handleing of things.

https://theintercept.com/2020/04/27/in-just-months-the-coronavirus-kills-more-americans-than-20-years-of-war-in-vietnam/

"It took 20 years, from 1955 to 1975, for the United States to lose 58,220 men and women to the nation’s most divisive conflict since the Civil War. In less than four months, just as many Americans have died from the Covid-19 pandemic — the toll, on Tuesday, hit 58,947, surpassing the total number killed in Southeast Asia."

China censors the media and has moderators delete any post/comment that speaks against the regime.
China has blocked access to a lot of news sites and social media is banned in China.
The majority of the Chinese people believe China is doing the best to fight the Virus.
The problem with most governments around the world they allow their citizens to be influenced by posts/comments that are not in line with an Official government line.
The Chinese government has been able to control its media that keeps its people in line.
By keeping the people in line it is far easier for them to comply and obey the government.

Cool story, bro. Got any more breaking news?

https://www.nytimes.com/interactive/2020/04/28/us/coronavirus-death-toll-total.html

So many uncounted deaths in the US. Looks like they have at least 50% more deaths than official numbers.