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The International Monetary Fund (IMF) is analyzing damage due to COVID and projecting further severe consequences if current policies persist. They state “despite involving short term economic costs, lockdowns may lead to faster economic recovery by containing the virus”
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Note: This report doesn’t do a dynamic analysis that makes things much clearer, but it does a thoughtful statistical analysis based upon increasingly available data.
https://t.co/5Xmt8y7lCL
A few more quotes:
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“The analysis also finds that lockdowns are powerful instruments to reduce infections, especially when they are introduced early in a country’s epidemic and when they are sufficiently stringent.”
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“lockdowns become progressively more effective in reducing COVID-19 cases when they become sufficiently stringent. Mild lockdowns appear instead ineffective at curbing infections.”
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“The results suggest that to achieve a given reduction in infections, policymakers may want to opt for stringent lockdowns over a shorter period rather than prolonged mild lockdowns...
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1/
Note: This report doesn’t do a dynamic analysis that makes things much clearer, but it does a thoughtful statistical analysis based upon increasingly available data.
https://t.co/5Xmt8y7lCL
A few more quotes:
2/
“The analysis also finds that lockdowns are powerful instruments to reduce infections, especially when they are introduced early in a country’s epidemic and when they are sufficiently stringent.”
3/
“lockdowns become progressively more effective in reducing COVID-19 cases when they become sufficiently stringent. Mild lockdowns appear instead ineffective at curbing infections.”
4/
“The results suggest that to achieve a given reduction in infections, policymakers may want to opt for stringent lockdowns over a shorter period rather than prolonged mild lockdowns...
5/
1) Well, also there is this:
For 400 years inflation has NOT been in a "mountain range" of up and down, but rather stair-stepped in giant increases, always associated with major transformations in economic arrangements.
For 400 years inflation has NOT been in a "mountain range" of up and down, but rather stair-stepped in giant increases, always associated with major transformations in economic arrangements.
The only way that debt comes down is if rest of world flips to trade deficit status w/US (I.e., trades accumulates $USD from prior trade surpluses w/US for actual goods & services). Not likely anytime soon. $USD as global reserve currency requires massive public debt.
— David "Most Vicious Dogs & Ominous Weapons" Herr (@davidcherr) January 15, 2021
EVs DO NOT EMIT MORE PM
Recently @OECD published a report about particulate matter (PM) from road transport. Newspaper headlines blared that electric vehicles where worse than combustion vehicles. That conclusion was wrong according to the report itself.
Let me show you.
The report (published december 7) can be found here: https://t.co/1HpicKexOt
It's main point is well taken: as cars get cleaner, fine particles emitted by brakes, tires and road surfaces will become more important.
The table comparing electric and combustion engines is on page 92. I took averages of low and high values to get the graph in the first tweet.
I merely took the averages. To get this.
I think it is a terrific report that pulls together a LOT of literature on fine particles that cars spew into the air and that make us sick.
We have ignored this problem for too long, and there's more here than simply exhaust!
Recently @OECD published a report about particulate matter (PM) from road transport. Newspaper headlines blared that electric vehicles where worse than combustion vehicles. That conclusion was wrong according to the report itself.
Let me show you.
The report (published december 7) can be found here: https://t.co/1HpicKexOt
It's main point is well taken: as cars get cleaner, fine particles emitted by brakes, tires and road surfaces will become more important.
The table comparing electric and combustion engines is on page 92. I took averages of low and high values to get the graph in the first tweet.
I merely took the averages. To get this.
I think it is a terrific report that pulls together a LOT of literature on fine particles that cars spew into the air and that make us sick.
We have ignored this problem for too long, and there's more here than simply exhaust!