Coronavirus Crisis - indirect impact and consequences
Coronavirus Crisis - indirect impact and consequences
Author
Discussion

TTmonkey

Original Poster:

20,911 posts

271 months

Monday 9th March 2020
quotequote all
Separate thread for reporting/predicting non medical impacts of all this.


Given the growing concern, I'd suggest we are just weeks away from major cancellations of global events - Olympics, F1, other sporting championships. if not cancelled, held behind 'closed doors'. Football matches in Italy already doing this.

Travel industry collapse

Cancellation of non emergency medical procedures.

Talk of global recession today is gathering real momentum.

Tlandcruiser

2,853 posts

222 months

Monday 9th March 2020
quotequote all
It was evident there was going to be huge economic impact the moment the Chinese shut down their factories.


xjay1337

15,966 posts

142 months

Monday 9th March 2020
quotequote all
I just don't understand why they would cancel all these events.

It doesn't appear to be that much worse than a bad flu and certainly to the general populous whom will be able to contract it, recover without any medical intervention!

I believe the flu death rate is around 0.1-0.2%
Corona Virus for an under 50yr old is 0.4% so I'd take my chances rather than be cooped up!

Although the worry would be if it mutates!

Coolbananas

4,419 posts

224 months

Monday 9th March 2020
quotequote all
xjay1337 said:
I just don't understand why they would cancel all these events...

Think about it awhile...all those people at the events, greater chance of mingling with some who are infected, so some more get it...and take it home and spread it to more vulnerable members of their family and friends...

otolith

65,870 posts

228 months

Monday 9th March 2020
quotequote all
xjay1337 said:
I just don't understand why they would cancel all these events.

It doesn't appear to be that much worse than a bad flu and certainly to the general populous whom will be able to contract it, recover without any medical intervention!

I believe the flu death rate is around 0.1-0.2%
Corona Virus for an under 50yr old is 0.4% so I'd take my chances rather than be cooped up!

Although the worry would be if it mutates!
Yeah, the thing is, other people's lives are important too, so policy can't just be based on your convenience.

aeropilot

39,839 posts

251 months

Monday 9th March 2020
quotequote all
otolith said:
xjay1337 said:
I just don't understand why they would cancel all these events.

It doesn't appear to be that much worse than a bad flu and certainly to the general populous whom will be able to contract it, recover without any medical intervention!

I believe the flu death rate is around 0.1-0.2%
Corona Virus for an under 50yr old is 0.4% so I'd take my chances rather than be cooped up!

Although the worry would be if it mutates!
Yeah, the thing is, other people's lives are important too, so policy can't just be based on your convenience.
Exactly.

The selfishness demonstrated on the PH threads by many people is exactly why the damn thing is spreading the way it is, and are passing it onto people that have existing health issues which means they may well not survive it.



CzechItOut

2,156 posts

215 months

Monday 9th March 2020
quotequote all
xjay1337 said:
I just don't understand why they would cancel all these events.

It doesn't appear to be that much worse than a bad flu and certainly to the general populous whom will be able to contract it, recover without any medical intervention!

I believe the flu death rate is around 0.1-0.2%
Corona Virus for an under 50yr old is 0.4% so I'd take my chances rather than be cooped up!

Although the worry would be if it mutates!
Evidence from China suggests 20% of patients require hospital treatment. For the week ending February 16 average bed occupancy in the 132 NHS trusts in England was at 94%.

Therefore I think the concern goes far further than simply the death rate.

booboise blueboys

553 posts

83 months

Monday 9th March 2020
quotequote all
otolith said:
xjay1337 said:
I just don't understand why they would cancel all these events.

It doesn't appear to be that much worse than a bad flu and certainly to the general populous whom will be able to contract it, recover without any medical intervention!

I believe the flu death rate is around 0.1-0.2%
Corona Virus for an under 50yr old is 0.4% so I'd take my chances rather than be cooped up!

Although the worry would be if it mutates!
Yeah, the thing is, other people's lives are important too, so policy can't just be based on your convenience.
lol. Nail on head

Lotobear

8,713 posts

152 months

Monday 9th March 2020
quotequote all
Ultimately though there's a very difficult balance to be struck between protecting the population and ensuring the conomy doesn't fall of a cliff or even worse we enter a world depression (the results of which would undoubtedly be worse that a temporary blip in mortality rates).

What will be particularly interesting is how we will reflect on the hitherto perceived advantages of 'globalisation' once the dust finaly settles down.

Escapegoat

5,135 posts

159 months

Monday 9th March 2020
quotequote all
xjay1337 said:
Corona Virus for an under 50yr old is 0.4% so I'd take my chances rather than be cooped up!
(You are so PH.) It's not only the risk of harm to yourself, but the risk that your "don't want to be cooped up" attitude does to more vulnerable people around you.

StevieBee

14,921 posts

279 months

Monday 9th March 2020
quotequote all
There's going to be some political opportunism cropping up. This has already reared its head in Cyprus with the closing of all but two of the crossing points between the north and the south, a closure that was implemented by the south and against the advice of the UN. This has led to some rather agitated protests and opened some wounds that had previously been healed.

Cynics might suggest that the south is using the situation as a covert attempt to scupper the north's increasing alignment with the EU.

http://www.ekathimerini.com/250316/article/ekathim...


coldel

10,182 posts

170 months

Monday 9th March 2020
quotequote all
I don't think anyone can be quoting mortality rates at the moment, the likelihood is that confirmed cases are grossly under-reported and likelihood is thousands more have had it but it literally presented itself as a bit of a cold and people just carried on as is. Confirmed cases in the UK circa 300, likely cases is going to be thousands.

I have a little sympathy with the poster that got lambasted above, millions of people are commuting each day on the London transport network, yet we are worrying about a football stadium containing a fraction of the number of people.

This has come as a kick up the backside and the fear factor is driven by the stark fact that we cannot control everything, that nature can very quickly just give us a little nudge in the side and say "oi, you aren't really in control and your squabbling about borders and politics could all become irrelevant very quickly if I decide it" laugh

Ascayman

13,249 posts

240 months

Monday 9th March 2020
quotequote all
fk me do we really need another coronavirus thread!! cant this be covered in one of the 872 already running?

Tuna

19,930 posts

308 months

Monday 9th March 2020
quotequote all
Ascayman said:
fk me do we really need another coronavirus thread!! cant this be covered in one of the 872 already running?
Yeah, they're spreading like a... like... something... can't quite think of the word...

Agammemnon

1,628 posts

82 months

Monday 9th March 2020
quotequote all
Tuna said:
Yeah, they're spreading like a... like... something... can't quite think of the word...
Margarine?

anonymous-user

78 months

Monday 9th March 2020
quotequote all
Ascayman said:
fk me do we really need another coronavirus thread!! cant this be covered in one of the 872 already running?
+19

wl606

268 posts

224 months

Monday 9th March 2020
quotequote all
China will come out of this as the world's major economy. Europe, and the USA, will not be able to control the movement of their citizens like China, and don't have the ability, financial and otherwise, to treat the affected and deal with ongoing consequences.

Digga

46,727 posts

307 months

Monday 9th March 2020
quotequote all
Tlandcruiser said:
It was evident there was going to be huge economic impact the moment the Chinese shut down their factories.
FWIW many were back up and running, as of last week, albeit at not fully staffed.

I can't quite 'get' what's gone so badly wrong in Italy, compared to other Western nations.

I can see decimation of certain industries; travel and leisure especially.

yajeed

5,052 posts

278 months

Monday 9th March 2020
quotequote all
I’d guess the age of their population is a significant factor.

It’ll happen everywhere, it’s just a case of minimising concurrent infections so maintain some chance of the health service managing to cope.

Derek Smith

48,981 posts

272 months

Monday 9th March 2020
quotequote all
One indirect consequence is that a couple intending to celebrate their 50th anniversary with a rather upmarket cruise in the summer look to lose their holiday.

It's not the loss of the deposit that upsets me. All the anticipation negated. It was fun planning, so that's a positive. We've got a couple of months before the full price will be payable, but from what I can gather from someone in the travel business, the odds of it going ahead are going up every day. It's selfish, I know, thinking of a few hundred pounds and a holiday against an international crisis, but we've been planning this for two years.

My wife used to be in the travel business and has maintained a couple of contacts, and they are, according to her, really depressing to talk to. They see no chance of a turnaround.

We're looking for alternative holidays in the UK, but without enthusiasm.