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(Business Insider)   The IMF looks at the bright side of the deadly coronavirus pandemic, says vaccine progress could add $9 trillion to global income by 2025 and stage a faster recovery for all   (markets.businessinsider.com) divider line
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139 clicks; posted to Business » on 16 Oct 2020 at 9:05 AM (8 days ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2020-10-16 9:24:34 AM  
The bright side would be something compared to no pandemic, not in comparison to slower vaccine progress.
 
2020-10-16 9:48:14 AM  
Global income? So Bezos and Tim Apple will get richer, China will build more "vocational education" camps and the rest of us will never see anything except higher priced health care. You don't want to die of the COVID do you? That will be a third of your income with an $8000 deductable.
 
2020-10-16 10:05:44 AM  
So a pivot towards addressing climate change and helping satisfy the needs of the majority of the people?
 
2020-10-16 10:05:59 AM  
Yeah, I don't understand this.  People buying vaccines is going to increase the global economy?  Weren't they going to spend that money on other things anyway?

Wouldn't it be better to say a $9T increase to the pharmaceutical industry?
 
2020-10-16 11:06:22 AM  

sleze: Yeah, I don't understand this.  People buying vaccines is going to increase the global economy?  Weren't they going to spend that money on other things anyway?

Wouldn't it be better to say a $9T increase to the pharmaceutical industry?


You don't understand how stopping the pandemic would increase the economy relative to not stopping it?
 
2020-10-16 11:14:18 AM  
Well thank god the ECONOMY is going to be fine. Hey, California, do you hear that? Florida? We're going to be FINE.
You all, probably not. Maybe you should contribute more to the ECONOMY, to make it work better.

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2020-10-16 11:55:38 AM  

BMFPitt: sleze: Yeah, I don't understand this.  People buying vaccines is going to increase the global economy?  Weren't they going to spend that money on other things anyway?

Wouldn't it be better to say a $9T increase to the pharmaceutical industry?

You don't understand how stopping the pandemic would increase the economy relative to not stopping it?


It doesn't sounds like the article was written by Rick Romero.  By that logic, they would be writing articles on houses that are on fire can look forward to lower temperatures after the fire is extinguished.
 
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