Smart move! Ignoring the best practice of preventing loss of life during pandemics will be a costly mistake!
Denmarks shuts down all schools, daycare facilities, universities, highschools
11–20 of 165 posts
Re: Denmarks shuts down all schools, daycare facilities, universities, highschools
#12Something that I heard from an epidemiologist the other day is how shutting down schools and daycares can be incredibly counterproductive, because such a high percentage of health care workers have children which suddenly are at home and need to be supervised, pulling these workers out of their duties.
I suppose its ok early on, but seems problematic if enough people eventually get infected.
Understood that schools are primary transmission vectors.
Re: Denmarks shuts down all schools, daycare facilities, universities, highschools
#13I wonder if the US will see a similar shutdown in the coming weeks.
[deleted]
Re: Denmarks shuts down all schools, daycare facilities, universities, highschools
#14Norway got more cases than denmark (622 vs 514), and our government is still asleep. The "wait and see" attitude makes shure they are always 3 steps behind.
Re: Denmarks shuts down all schools, daycare facilities, universities, highschools
#15Earlier quoted context omitted.
Are businesses being provided lines of credit or other funding sources to continue paying employees while their income might decline in the short term? Or are they able/expected to pay out of cash reserves or existing business credit lines?
yes, the specifics aren't out yet but a package is being put together right now by the government. We don't know yet how much, but the numbers are in the billions. The government is aware that this is a dificult situation financially for a lot of companies and are working to resolve it. A lot of it will be through delayed payment of taxes and VAT to keep cashflow.
One thing to keep in mind is that interest rates in Denmark is currently negative. That means that the government, and even large credit-worthy corporates, can borrow and actually get paid to do so.
That makes weathering a storm like this relatively easy from an economics standpoint. It's easy to delay revenue and cover fixed costs without incurring any significant financing costs.
Re: Denmarks shuts down all schools, daycare facilities, universities, highschools
#16I wonder if the US will see a similar shutdown in the coming weeks.
Seattle area schools just shut down, and earlier today the governor put restrictions on gatherings of more than 250 people. Seems like it’s moving pretty fast.
https://www.seattletimes.com/seattle-news/politics/inslee-or...
Re: Denmarks shuts down all schools, daycare facilities, universities, highschools
#17Something that I heard from an epidemiologist the other day is how shutting down schools and daycares can be incredibly counterproductive, because such a high percentage of health care workers have children which suddenly are at home and need to be supervised, pulling these workers out of their duties. I suppose its ok early on, but seems problematic if enough people eventually get infected. Understood that schools a…
I haven't heard any authoritative sources talk about that. Do you have a cite?
The world is in crisis. Arguing against public attempts to contain a virus based on "Something that I heard" is more than a little irresponsible right now. Surely the point is valid as a debate subject, but it needs numbers and it needs analysis. Prima facie, social isolation works, and at this stage is our only remaining hope at containment.
Re: Denmarks shuts down all schools, daycare facilities, universities, highschools
#18Earlier quoted context omitted.
Are businesses being provided lines of credit or other funding sources to continue paying employees while their income might decline in the short term? Or are they able/expected to pay out of cash reserves or existing business credit lines?
yes, the specifics aren't out yet but a package is being put together right now by the government. We don't know yet how much, but the numbers are in the billions. The government is aware that this is a dificult situation financially for a lot of companies and are working to resolve it. A lot of it will be through delayed payment of taxes and VAT to keep cashflow.
Excellent. I have heard from EU colleagues that the ECB is likely to provide whatever is necessary to members to finance this sort of assistance, but haven't seen public confirmation yet.
Re: Denmarks shuts down all schools, daycare facilities, universities, highschools
#19It will be interesting to see how these things / if they help.
The scale of impact and longevity of these shutdowns could be dramatic.
Keeping kids home certainly restricts what parents can do. Some of whom may be needed to do other things.
Is there really a lot of good data to know, this will do a thing?
Re: Denmarks shuts down all schools, daycare facilities, universities, highschools
#20Something that I heard from an epidemiologist the other day is how shutting down schools and daycares can be incredibly counterproductive, because such a high percentage of health care workers have children which suddenly are at home and need to be supervised, pulling these workers out of their duties. I suppose its ok early on, but seems problematic if enough people eventually get infected. Understood that schools a…
I haven't heard any authoritative sources talk about that. Do you have a cite? The world is in crisis. Arguing against public attempts to contain a virus based on "Something that I heard" is more than a little irresponsible right now. Surely the point is valid as a debate subject, but it needs numbers and it needs analysis. Prima facie, social isolation works, and at this stage is our only remaining hope at containme…
Joe Rogans show