Demographic Doom Podcast

Virus Lockdown Mania: Is It Making Things Worse?

March 17, 2020

March 17, 2020 — As the COVID-19 epidemic spreads around the world, schools, businesses and events are shutting down, crippling the economy. Could the effects of these shutdowns be worse than the coronavirus itself? A lockdown of healthy people is different from a quarantine of sick ones, which is sensible and economically manageable. Telling your entire workforce to go home is not manageable, and its medical benefits are dubious. France and Italy have essentially shut down their entire countries, supposedly for a fixed period, but when will it ever end? At the end of 2-3 weeks, the epidemic will still exist, probably worse than before, so when can you tell people to go back to work and school? The longer a lockdown goes on, the more devastating it is to the economy and to the ultimate ability of a society to function. Instead of locking everything down, Glenn Campbell believes everyone should go about their usual business. They should modify their behavior to avoid infection, but they must do it in sustainable ways that allow the economy to keep functioning. If people simply go into their bunkers for six months, there may be no economy left when they come out. — Also see DemographicDoom.com — Instagram & Twitter: @DemographicDoom — See episode notes, comments & corrections on the video version of this episode at j.mp/dd_lock [ep 34, 17 Mar 2020 revised]