7. | Illusions and reality of the war against Corona
To paraphrase Winnie the Pooh we might ask - "Interesting - is the extinction of society and a massacre of the economy/companies the only way to cope with the situation or are there other options?". Looking at Sweden, there seem to be other options.
Below is an analysis from an economic perspective.
Illusions
Reality
The whole society can be quarantined - even in the long term
The virus is highly contagious
Borrowing money due to quarantine stimulates economic activity
Quarantine kills economic activity
We must choose between economic activity and human lives
Human life is not possible without meeting material needs
Material issues can be solved by printing money
Material needs are met as a result of economic activity
Closing national borders will improve the situation
National borders are not barriers to the virus
Others are to blame for the spread of the virus. We are victims.
The virus has already spread in most countries
Isolation is the solution
Cooperation is the solution
The war against the coronavirus can be won without a functioning economy
No war can be won without a functioning economy
Questions
What are the chances that the virus will no longer infect after two months?
What are the chances that the economy will survive if we continue with today's quarantine measures?
What are the chances that our material needs will be satisfied without economic activity?