2020.04.21 10:29
A Stanford economist says we're headed for a crisis worse than the Great Depression.
Here's his plan for getting people back to work and spending on businesses.
2020.04.21 10:37
2020.04.21 23:54
(CNN)Infectious disease expert Michael Osterholm, who has been warning for a decade and a half about the possibility of a global pandemic, said the coronavirus we're fighting is at least as infectious as the one that killed an estimated 50 million people in the 1918 flu worldwide outbreak.
He said we're only in the second inning of a nine-inning contest, with the possibility of as many as 800,000 deaths or more in the US over the next 18 months.
Osterholm also pointed to a shortage of chemical reagents that are necessary for widespread testing for the virus and said that the CDC's low public profile in this pandemic in the United States has been a "tragedy."
He decried the lack of a national long-term strategy for the pandemic and noted that there are real questions about the efficacy of the antibody tests that are being developed to detect if people have been exposed to the virus.
Michael Osterholm
Osterholm, who founded the University of Minnesota's Center for Infectious Disease Research and Policy, warned in 2005 that "time is running out to prepare for the next pandemic," a point that he expanded on in his 2017 book, "Deadliest Enemy: Our War Against Killer Germs."
2020.04.22 12:10
Besides, if the speculation should be true, God forbids, this strongly suspected man-made hybrid virus will remain like AIDS virus after the immune system is destroyed and continue to shed it to spread! Curse on the human beings!
BB Lee
This prediction sounds just as bad as the Pandemic we are in now.
Hope and pray this Stanford professor will be proven to be wrong.
"Matthew Owen Jackson is the William D. Eberle Professor of Economics at Stanford University, an external faculty member of the Santa Fe Institute, and a fellow of CIFAR.[1] He received his Ph.D. from Stanford University in 1988. Jackson has been honored with the Social Choice and Welfare Prize,[2] the B.E.Press Arrow Prize for Senior Economists,[3] and a Guggenheim Fellowship.[4] He has served as co-editor of Games and Economic Behavior,[5]the Review of Economic Design,[6] and Econometrica.[7] Jackson co-teaches a popular game theory course on Coursera.org,[8] along with Kevin Leyton-Brown and Yoav Shoham.
Matthew O. Jackson
Jackson's research concerns game theory, microeconomic theory, and the study of social and economic networks."(from Internet)