COVID-19, many believe, has thrown the world into unprecedented disaster, and to those believing so, the future looks bleak at best. But what if the opposite will prove to be true? Speculation is a noble occupation, futures studies an academic discipline, so we hazard a brief preview of the enormous economic and societal gains for which the COVID-19 crisis may have just sown the seeds.
COVID-19 has seemingly thrown the world into “chaos”, taking away much of the safeness and certainty that had been taken for granted. When maneuvering in chaos, in order to not lose one’s head, it helps to firmly keep in mind the logic of chaos.
Intelligent if unconventional methods employed by researchers have likely enabled a more realistic view on the actual infection rate and the related questions of when herd immunity will be achieved and what the realistic death rate of COVID-19 actually is. Understanding the true dynamics of the pandemic is crucial to taking the most adequate policy decisions going forward.
The following is a brief summary of our original article “The logic of surviving the Coronavirus pandemic”. If the risk of dying from the infection is drastically reduced, the Coronavirus pandemic is immediately reduced to the status of a normal wave of influenza.
Stock market forecasting is not an exact science. That said, the intuition of the logician with 23 years of market experience screams: “This was the bottom!” Let’s see what may be behind this intuition.
In this article, we suggest what we consider, in large part potentially instead of drastic quarantine for basically everyone, to be the most logical and most promising approach to surviving the Coronavirus pandemic, both on an individual and on a systemic level. We draw conclusions from information uncovered and discussed by the medical scientific community and by medical practitioners, and give practical instructions on what to do.
At loico, we had planned to launch our operation with a relatively comprehensive suite of articles, often fairly ambitious, on which we are working concurrently. Due to the escalating Coronavirus crisis, we feel forced to abandon this roadmap and to immediately start contributing what we can to the amelioration of the situation and its eventual resolution.