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Barry Ritholtz – The Economic Risks from Anti-Vaxxers

Summary:
States with lots of antivaxxers will feel it in their pockets as their economies dive. Fox News mandates vaccines, but this is never mentioned in its broadcasts, or that Rupert Murdoch got vaccinated. Vaccinations have become politicized: The AntiVaxxers of the past few decades were founded on a debunked belief linking Vaccines and Autism.Thanks to Q-Anon, Fox News, OANN, NewsMax (and others), large swaths of the population now believe that Vaccines are problematic.What was once a bizarre and self-destructive movement has become during the pandemic a full-blown public health threat.Even worse, every unvaccinated person is a chance for the virus to mutate again. The unvaccinated are “variant factories.” They do more than risk their own health and safety — they put the lives of everyone in

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States with lots of antivaxxers will feel it in their pockets as their economies dive. 

Fox News mandates vaccines, but this is never mentioned in its broadcasts, or that Rupert Murdoch got vaccinated. 


Vaccinations have become politicized: The AntiVaxxers of the past few decades were founded on a debunked belief linking Vaccines and Autism.

Thanks to Q-Anon, Fox News, OANN, NewsMax (and others), large swaths of the population now believe that Vaccines are problematic.

What was once a bizarre and self-destructive movement has become during the pandemic a full-blown public health threat.

Even worse, every unvaccinated person is a chance for the virus to mutate again. The unvaccinated are “variant factories.” They do more than risk their own health and safety — they put the lives of everyone in the community at greater risk. after vaccine administration. We later learn that Wakefield was funded by litigants against vaccine manufacturers, a detail he failed to disclose.

The modern Anti-Vaxxer movement of recent years traces its origins to a paper published in The Lancet in 1998 by (then Dr.) Andrew Wakefield linking 12 children who developed autism soon after vaccine administration. We later learn that Wakefield was funded by litigants against vaccine manufacturers, a detail he failed to disclose.


Barry Ritholtz - The Economic Risks from Anti-Vaxxers


Rick Newman - How the unvaccinated threaten the economy


New masking rules How the unvaccinated threaten the economy vaccine mandates will intensify the debate over Americans’ right to behave foolishly. But they also highlight the economic cost of refusing vaccinations.


 Rick Newman - How the unvaccinated threaten the economy

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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