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Economic damage could be worse without lockdown and social distancing – study

Summary:
The worst thing for the economy would be not acting at all to prevent disease spread, followed by too short a lockdown, according to research based on US data.New research from the University of Cambridge suggests that there is no absolute trade-off between the economy and human health – and that the price of inaction could be twice as high as that of a 'structured lockdown.Economic damage could be worse without lockdown and social distancing – study

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 The worst thing for the economy would be not acting at all to prevent disease spread, followed by too short a lockdown, according to research based on US data.


New research from the University of Cambridge suggests that there is no absolute trade-off between the economy and human health – and that the price of inaction could be twice as high as that of a 'structured lockdown.

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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