Tuesday , November 5 2024
Home / Mike Norman Economics / ABC – Dr Norman Swan looks at how COVID-19 lockdowns are working

ABC – Dr Norman Swan looks at how COVID-19 lockdowns are working

Summary:
Delta changes everything, so lockdowns are not so effictive now. With lots of people vaccinated, it may be better to change tactics, but modeling in Australia shows a possible disaster for some. Since March last year Victorians have endured six lockdowns and some of the toughest restrictions anywhere in the world.Yesterday the Andrews government did an abrupt about face, abandoning the zero COVID mindset that's underpinned its strategy for more than a year and telling Victorians they now have to live with the virus. New South Wales has seven times the cases Victoria does, and its nine week lockdown has simply slowed the spread of the virus, never coming anywhere near stopping it.Dr Norman Swan takes a look at the lockdown questions being raised by the situation in Australia's two largest

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00

Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow

Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten

Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.

Delta changes everything, so lockdowns are not so effictive now. With lots of people vaccinated, it may be better to change tactics, but modeling in Australia shows a possible disaster for some. 


Since March last year Victorians have endured six lockdowns and some of the toughest restrictions anywhere in the world.


Yesterday the Andrews government did an abrupt about face, abandoning the zero COVID mindset that's underpinned its strategy for more than a year and telling Victorians they now have to live with the virus. 


New South Wales has seven times the cases Victoria does, and its nine week lockdown has simply slowed the spread of the virus, never coming anywhere near stopping it.


Dr Norman Swan takes a look at the lockdown questions being raised by the situation in Australia's two largest states. 



ABC - Dr Norman Swan looks at how COVID-19 lockdowns are working


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.

Leave a Reply

Your email address will not be published. Required fields are marked *