A few musings on the Coronavirus and Australia

WHY is there such a large number of people getting the virus but so few people dying from
 it ? If the worse that occurs here us that a lot of people have to self isolate  for two weeks then I am all for that. .

I tend to think a depression is inevitable. Forget about modelling. Businesses shut down, people losing jobs, more and more people self isolating and do not forget community sport. Think about the bakeries and butchers who will not be selling all those rolls and sausages.
If schools are closed then this is a certainty. Grandparents can no longer look after their grandchildren

Do not ever say Australians are good people. They are as selfish as any and they have no confidence in their political class.  The behaviour I have seen in supermarkets has been nothing short of disgraceful. People using buses to go and raid supermarkets in small country towns is possibly the worst example of this.

Programs to help with depression will need to be high on the agenda. Few people will be able to cope with the inability to meet and socialise with people.

I forget to talk about the budget. The fiscal response is I believe 9.7% of GDP with more on the way. however just remember even if your business gets a revival because of this can you respond if your supply chain is still suspended. The answer is obvious. No!

The other thing is no country town which was decimated by bushfires will now get any boost from tourism. Country Australia is stuffed.

Update:

Can we please have clear messaging. Morrison says schools are not closed and send you kiddies there. Gladys says keep them at home. On this i am with Morrsion who has kids as opposed to Gladys who does not.

Think about it. Grandparents will not be able to look after children so it will have to be parents. It guarantees a depression ( a drop in Output of 10% or more.) and tell me again how many people have died?