That is the conclusion of a recent study by J. P. Morgan. In fact, infection rates dropped after countries and states decided to reopen. However, millions of livelihoods were destroyed. China could not have asked for a better outcome. We could call this "the Chinese revenge against Trump".
Lockdowns failed to alter the course of pandemic and are now destroying millions of livelihoods worldwide, JP Morgan study claims
Coronavirus lockdowns have failed to alter the course of the pandemic but have instead 'destroyed millions of livelihoods', a JP Morgan study has claimed. Falling infection rates since lockdowns were lifted suggest that the virus 'likely has its own dynamics' which are 'unrelated to often inconsistent lockdown measures', a report published by the financial services giant said...
Author Marko Kolanovic, a trained physicist and a strategist for JP Morgan, said governments had been spooked by 'flawed scientific papers' into imposing lockdowns which were 'inefficient or late' and had little effect. 'Unlike rigorous testing of new drugs, lockdowns were administered with little consideration that they might not only cause economic devastation but potentially more deaths than Covid-19 itself,' he claimed...
..Infection rates have continued to decline even once a lag period for new infections to become visible is factored in, the report says. The R rate shows how many people each virus patient typically infects, and some countries regard a rate below 1.0 as a key indicator that the epidemic is in retreat...
..This graph [not shown here] published in a JP Morgan report shows that many countries saw their infection rates fall rather than rise again when they ended their lockdowns - suggesting that the virus may have its own 'dynamics' which are 'unrelated' to the emergency measures. The JP Morgan report includes graphs showing that 'the vast majority of countries had decreased infection rates' after lockdowns were lifted.
A second graph [not shown here] shows a similar effect in the US, showing that many states saw a lower rate of transmission (R) after full-scale lockdowns were ended. They included Colorado, Iowa, Alabama, Wyoming, Wisconsin and Mississippi, according to the chart, although not all states are included. Nevada and North Dakota are among the exceptions which appear to have had a higher rate of transmission since normal life began to resume... The report also shows many US states including Alabama, Wisconsin and Colorado enjoying lower R rates after lockdown measures were lifted... All 50 US states have at least partially reopened this week by relaxing restrictions on businesses and social distancing in varying degrees across the country
'While we often hear that lockdowns are driven by scientific models, and that there is an exact relationship between the level of economic activity and the spread of [the] virus - this is not supported by the data,' the report says. 'Indeed, virtually everywhere infection rates have declined after re-opening even after allowing for an appropriate measurement lag.
'This means that the pandemic and Covid-19 likely have [their] own dynamics unrelated to often inconsistent lockdown measures that were being implemented.' Those dynamics may be influenced by increased hand-washing and even weather patterns but seemingly not by full-scale lockdowns, the report suggests. 'The fact that re-opening did not change the course of the pandemic is consistent with studies showing that initiation of full lockdowns did not alter the course of the pandemic either,' it says...
In some European countries, studies suggest that the measures 'did not produce any change in pandemic parameters' such as the R rate, the JP Morgan report says. Kolanovic says that lockdowns had remained in place even as 'our knowledge of the virus and lack of effectiveness of total lockdowns evolved'. 'At the same time, millions of livelihoods were being destroyed by these lockdowns,' he writes...
https://www.dailymail.co.uk/news/ar...r-course-pandemic-JP-Morgan-study-claims.html
Lockdowns failed to alter the course of pandemic and are now destroying millions of livelihoods worldwide, JP Morgan study claims
Coronavirus lockdowns have failed to alter the course of the pandemic but have instead 'destroyed millions of livelihoods', a JP Morgan study has claimed. Falling infection rates since lockdowns were lifted suggest that the virus 'likely has its own dynamics' which are 'unrelated to often inconsistent lockdown measures', a report published by the financial services giant said...
Author Marko Kolanovic, a trained physicist and a strategist for JP Morgan, said governments had been spooked by 'flawed scientific papers' into imposing lockdowns which were 'inefficient or late' and had little effect. 'Unlike rigorous testing of new drugs, lockdowns were administered with little consideration that they might not only cause economic devastation but potentially more deaths than Covid-19 itself,' he claimed...
..Infection rates have continued to decline even once a lag period for new infections to become visible is factored in, the report says. The R rate shows how many people each virus patient typically infects, and some countries regard a rate below 1.0 as a key indicator that the epidemic is in retreat...
..This graph [not shown here] published in a JP Morgan report shows that many countries saw their infection rates fall rather than rise again when they ended their lockdowns - suggesting that the virus may have its own 'dynamics' which are 'unrelated' to the emergency measures. The JP Morgan report includes graphs showing that 'the vast majority of countries had decreased infection rates' after lockdowns were lifted.
A second graph [not shown here] shows a similar effect in the US, showing that many states saw a lower rate of transmission (R) after full-scale lockdowns were ended. They included Colorado, Iowa, Alabama, Wyoming, Wisconsin and Mississippi, according to the chart, although not all states are included. Nevada and North Dakota are among the exceptions which appear to have had a higher rate of transmission since normal life began to resume... The report also shows many US states including Alabama, Wisconsin and Colorado enjoying lower R rates after lockdown measures were lifted... All 50 US states have at least partially reopened this week by relaxing restrictions on businesses and social distancing in varying degrees across the country
'While we often hear that lockdowns are driven by scientific models, and that there is an exact relationship between the level of economic activity and the spread of [the] virus - this is not supported by the data,' the report says. 'Indeed, virtually everywhere infection rates have declined after re-opening even after allowing for an appropriate measurement lag.
'This means that the pandemic and Covid-19 likely have [their] own dynamics unrelated to often inconsistent lockdown measures that were being implemented.' Those dynamics may be influenced by increased hand-washing and even weather patterns but seemingly not by full-scale lockdowns, the report suggests. 'The fact that re-opening did not change the course of the pandemic is consistent with studies showing that initiation of full lockdowns did not alter the course of the pandemic either,' it says...
In some European countries, studies suggest that the measures 'did not produce any change in pandemic parameters' such as the R rate, the JP Morgan report says. Kolanovic says that lockdowns had remained in place even as 'our knowledge of the virus and lack of effectiveness of total lockdowns evolved'. 'At the same time, millions of livelihoods were being destroyed by these lockdowns,' he writes...
https://www.dailymail.co.uk/news/ar...r-course-pandemic-JP-Morgan-study-claims.html
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