Tag: COVD-19

Call It the Great Panic of 2020

 

In the last 100+ years we had The Great War (later “World War I”), the Great Depression, and the Great Recession. I think it’s time to give a name to the first self-inflicted worldwide depression: the Great Panic of 2020. Getting the right name for the current crisis could frame the public debate on the policy solution. Other suggestions for a name are welcome in the comments section.

Financial depressions in the 19th Century were known as “panics.” The Panic of 1837 was one of the worst with bank failures, bankruptcies, and 25% unemployment. Some historians believe it lasted almost seven years.

Member Post

 

Let’s say it’s 2025 and COVID-19 is just a bad memory. Life has more or less returned to normal. Then a story comes out of China (or somewhere else, but we’ll use China) that has a sickening and familiar sound to it – another virus is spreading. What do we do this time around? What […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Get your first month free.

Professor Ferguson Caught … with Garbage Code

 

Ever since my post “The Perfect Storm for a Self-inflicted Depression,” I have wondered when some computer programmers would get their hands on the program Professor Neil Ferguson and his colleagues at Imperial College London used to scare most of the world into a depression-inducing lockdown. It’s happened.

We have a two-fer this week. First, Prof. Ferguson was caught by a British newspaper canoodling with his lover (a married woman) at his home in London, thus violating the lockdown order he so fiercely advocated. The woman lives with her husband and two kids in another part of London, hence the violation. Second, a real programmer, Sue Denim (30 years total experience with eight years as a senior software engineer at Google), got a purportedly cleaned-up version of the program the supposed expert epidemiologists used for computer models that forecast millions of deaths from COVID-19. The conclusion was that no one should use the output from the program as a basis for any decision and that all scientific papers using the program’s models should be withdrawn.

Member Post

 

The list is long and keeps getting longer, from the origin and results of Chinese COVID-19 virus that has devastated the world, to supply chain issues, faulty products including foods, including pet food, children’s toys, critical medicine ingredients, drywall, telecom supplies, military parts, questions about 5G, and other problems that have originated from China. This […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Get your first month free.

Member Post

 

In my previous post, Lockdown of Economy: Giving the Virus an Advantage. I argued that practically all of the Western democracies made a huge mistake in emulating the policies of the Chinese Communist Party in shutting down their economies and curtailing the freedom of their citizens. Why did they get it so wrong? A perfect […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Get your first month free.

Member Post

 

The elites in the West (except the Swedes) have emulated the Chinese Communist Party in shutting down their economies and curtailing the freedom of their citizens. This is the first time in history that the healthy part of a population have been quarantined. Dr. John Lee M.D. in the April 30, 2020 issue of The […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Get your first month free.