Europe starting to see spikes in virus infections…it ain’t over til it’s over.

COVID is one tough hombre. We are seeing massive increases at the same time as record heat batters the Northern Hemisphere.

What the heck is the 2nd wave, which hasn’t even started, going to do? There is a question in my mind as to what will be the effect on the world economy.

Restricted travel, migrant workers, diminished purchasing power, debt and unemployment.

These are current realities, not doomsday scenarios. Does the standard economic systems of market based allocation of goods, resources and services have a
“Plan B” until things settle down?

The core of economics, to me, is the relationship of sellers and buyers across the entire globe. In our country, the only reason we still have buyers is we are dumping boatloads of borrowed cash into the economy. And sellers? Many can’t even run their operations, profitably or not, due to shutdowns. So even those with enough capital and wealth can’t buy much. Especially in the tourism and entertainment sectors which are huge.

Then healthcare has to be reconciled somehow. We have tens of millions without insurance, but are running up massive bills. The reckoning on that is not going to be pretty without massive cash “injections”.

Time for some geniuses to come up with “outside the box” ideas.

13 thoughts on “Europe starting to see spikes in virus infections…it ain’t over til it’s over.

    1. Well we know that.

      Or rather, “everyone knows that”.

      The most important thing to keep in mind is that the Coronavirus could not care less. It just wants a home and the sends the “kids” out to find another.

      (#LIBERATE was a COVID plot that went viral until we, and just recently Trump, caught on.)

      Next thing you know, there goes the neighborhood…and the ‘burb, then the city, the state, the nation.

      Liked by 2 people

  1. RE: “Many can’t even run their operations, profitably or not, due to shutdowns.”

    In that case, end the shutdowns. Simple.

    The Pilot article makes the rise in Europe of Covid cases sound scary and ominous, but Covid case numbers will likely continue to increase until everyone on Earth has been infected. And since most people who become infected are barely affected. at some point the case numbers will become meaningless.


  2. Ending shutdowns might work for a tiny bit of economic relief. People still are not going to start “shopping till the drop”. Bars and restaurants will only get an initial boost, then as infections AND hospitalizations increase, folks will be wary.

    Not only have our infections increased almost exponentially, but deaths have too.

    But as the Lt. Gov of Texas so cavalierly suggest, those of us who are over 70 should sacrifice ourselves for the children.

    Sweden tried, and failed.

    Liked by 1 person

      1. Deaths had dropped to 6 and 700 per day until the last week when they have been over 1100. This was predicted as the infections and hospitalizations increased. There is a lag of deaths behind infection rates.

        Liked by 2 people

      2. The improvement in the recovery rate for known cases is actually a good argument for not letting our guard down. That improvement is the result of the increased skill of medical personnel as they learned more about treating the infection and new treatments that have wound their way through the approval process. If we can buy a little more time with precautions, we may indeed reach the point where getting Covid-19 is a routinely treatable disease, serious, but manageable.

        And, of course, we don’t have to infect everyone on the planet if an effective vaccine gets here soon enough.

        Liked by 1 person

        1. The death rate, though inching back up again, is still 1/2 of what it was in April. That is great news.

          Of course successful treatment is no day at the park either. Long term affects, lung damage, brain damage, organ damage have all been noted.

          It is sort of like the auto death rates. They have gone way down, but serious accidents can give you debilitating injuries that last a lifetime.

          All in all, I would prefer a vaccine over treatment. Oxford seems to be on track to come up with something in the fall, shots by the first of the year. Pretty amazing stuff.

          Liked by 1 person

          1. And again, those long term effects are best avoided by early, aggressive treatment.

            The HCQ cocktail(Hcq, zinc and an antibiotic) from the first symptom, or certain exposure, followed by convalescent plasma, anti-coagulants on a positive test, and remdisciver if you can get it, then a week after onset with dexamethasone and inhaled corticosteroids, and you would likely avoid the lingering organ damage, but most of all, early is better than later.

            If you wait for a test before starting antiviral treatment, and for pneumonia before starting steroids and anticoagulants, you are too late.


      3. RE: “Deaths had dropped to 6 and 700 per day until the last week when they have been over 1100.”

        That pattern isn’t shown in the graph I linked. And while it is true that deaths lag infections, there are many ways for infections to rise without deaths rising — infections among young people, for example. It looks to me like the virus is beginning to burn out.


        1. Easing in the South, but new surges are heading to the North and Midwest. It will makes its rounds to places that are not on guard.

          Last I heard, the hospitals were pretty full, so not all infections are innocuous.

          Your link shows an increase to over 1000 per day in the last week. Before that, except for two spikes, the deaths were well below 1000/day.

          Liked by 1 person

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s