We hear plenty of advice about Coronavirus from media and governments, and despite their best efforts, panic reigns supreme. Millions still raid supermarkets to hoard toilet paper. Many worry about surviving physically and economically as COVID-19 makes its global rounds.
There is much talk of another Great Depression, and most take a recession for granted. They are wrong, and I will show you clearly why they are way off the beaten track. Take heart; there are things talking heads and bureaucrats cannot see, which should cheer your soul.
What paper-pushers fail to appreciate is the creation of immune survivors, as the curve of the pandemic moves through its billions of hosts. Here is the kind of graph governments show you regularly:
The graph explains why spreading out the pandemic is better than suffering it all at once, as hospitals would be overwhelmed. It does not include survivors, now immune to the disease, who quickly become the majority.
This graph is a more intelligent representation. As the virus moves across the board, it exudes immune survivors, who rapidly take over to become the largest mass. When that happens, governments take notice of them and begin regulating accordingly.
“Since fifty million Chinese are immune, we can let them begin immigrating again,” soon becomes the next headline.
You will not have to wait six months. In two or three months, hundreds of millions will be moving around freely. Whether you are a business or a consumer, markets will return to normal. Government bureaucrats and media people cannot see very far ahead. They state the obvious for now, but little else.
The pandemic will pass quickly and soon be forgotten. Markets will bounce back as a consequence. Be patient, and all will be well.
In the meantime, listen to this Beatles song, and, as my daughter would say, chillax. Humans are much smarter than viruses.