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Hope about Covid-19

If the Western democracies get a grip on Covid-19 with an immediate and total lockdown – which several are not yet doing – they can essentially overcome the pandemic within eight weeks.

An economic sudden stop for two months does not fundamentally matter – any more than a national holiday fundamentally matters – provided that the state acts as a shock absorber and keeps the productive system whole, avoiding mass bankruptcies and hysteresis.

 Ambrose Evans-Pritchard, Telegraph  24 March 2020

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