Until today, I was understanding of all the measures being taken so far, to 'flatten the curve' and contain the spread of the virus, and lessen its impact on the healthcare system. But today I've decided that they need to place an end-point in people's minds about these measures. I think most folks can deal with a 3-week period of harsh stay-at-home measures, maybe 30 days. But what if there's no end in sight to the measures that are having such a drastic effect on the economy? Do the health experts calling the shots think we need to wait 4 to 6 weeks before deciding if we need to continue these measures for another 4 to 6 weeks after that? And then maybe even longer after that? People need to be able to make decisions about their lives and their jobs, and the future of their businesses, and they need an end date to these isolation measures in order to do that.
I've known this was coming since early January, when it was spreading rapidly in Wuhan. I thought the response was too slow for several weeks, and in the last week I've seen the pendulum swing to these harsh measures and have understood the reasons why, but there needs to be a definite end in sight. The impact on the economy and society will be worse overall than the effects of the virus on the population if the current situation extends past April.
And I'm not saying this because of the stock market, I have zero money in there. I'm saying it because of the impact to millions of people that will have serious difficulty in making monthly payments and simply buying food if this lasts more than a few weeks. And I have serious doubt that any government aid package will be done effectively.
And I'm in an above average risk category, health-wise. But I'm willing to be exposed and take my 1% or so, or whatever it actually is, risk at not surviving, rather than have life as we know it devolve into the mass chaos that will likely occur if the current situation extends into months.