Monday, April 06, 2020

The Virus Asks For Out Of The Box Thinking

  1. The three week lockdown imposed upon India is the right thing to do, and every country will have to follow suit. It is the cheapest way. Testing is not available.
  2. But India executed it badly. You have to have a plan to feed everyone. Just stay home. We will feed you for three weeks. That means the demand and supply thing will have to break. This is an emergency. It is still demand and supply, but there is no money involved. You feed everyone who is hungry. You deliver food to homes.
  3. Three weeks are enough time for the infected to get symptomatic. You identify them and you isolate them. They basically stay in their homes, the mildly symptomatic do. One thing to try is you hover your head over boiling water in a bowl, and cover your head with a towel, and you inhale the steam for a few minutes. The dire cases go to the hospitals. The world's factories need to produce the basic equipment and medicine like FDR produced planes for World War II. Call a truce to the China-US trade war. It was always stupid. Now it is fatal. You don't want a Spanish Flu redux. You don't want a hundred million dead.
  4. The non-infected will have to go back to work otherwise on top of the pandemic we will have tremendous hunger. And if the hunger is widespread enough, societies will start to collapse. That is chaos. You will see uncontrollable riots. But too many jobs will have been destroyed in three weeks. Many people will not have the option to simply go back to work. You need Universal Basic Income. Every human being on earth should be given $100 a month immediately. No questions asked. It can not be a one-time thing. It could easily be a year. Done right, it can be indefinite.
  5. But $100 will not cut it in a place like the US. You will need $1,000.
  6. This UBI is the only thing that can resurrect the world economy.
  7. This virus can not be tackled in any one country. It will have to be tackled simultaneously in every country.
  8. We need a world government. And we need it at zip speed. I would not mind if someone like Barack Obama steps in to become the first President Of The World. Gordon Brown has broached the idea. Former heads of state are best positioned to rally around the idea and make it happen.
  9. When the vaccine shows up -- the best estimate is 18 months -- and hopefully it comes in the form of a band-aid, it needs to be taken to everybody. Only a world government can do it. A world government with real teeth.
  10. This is the dress rehearsal for climate change. The coronavirus is forcing the world to do what needs to be done to fight climate change.
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