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Countries like the UK that have closed schools to help stop the spread of coronavirus should ask hard questions about whether this is now the right policy, says one team of scientists. The University College London team says keeping pupils off has little impact, even with other lockdown measures. The research, published in The Lancet Child and Adolescent Health, looked at 16 studies - some based on the spread of coronavirus, and others on seasonal flu and the 2003 Sars outbreak. While school closures help during influenza outbreaks, the same may not apply to coronavirus. Data from the Sars outbreak ... suggest that school closures did not contribute to the control of the epidemic. Recent modelling studies of Covid-19 predict that school closures alone would prevent only 2%-4% of deaths, many fewer than other social distancing interventions. One of the research authors, Prof Russell Viner, said: "Data on the benefit of school closures in the coronavirus outbreak is limited, but what we know shows that their impact is likely to be only small. Additionally, the costs of national school closures are high - children's education is damaged and their mental health may suffer, family finances are affected. Policymakers need to be aware of the equivocal evidence." He says policymakers must weigh up the possible harms and reopen schools at the earliest opportunity - and not necessarily wait until September if it can be done safely sooner.
Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic from reliable major media sources.
President Trump moved on Tuesday to oust the leader of a new watchdog panel charged with overseeing how his administration spends trillions of taxpayer dollars in coronavirus pandemic relief, the latest step in an abruptly unfolding White House power play against semi-independent inspectors general across the government. The official, Glenn A. Fine, has been the acting inspector general for the Defense Department since before Mr. Trump took office and was set to become the chairman of a new Pandemic Response Accountability Committee to police how the government carries out the $2.2 trillion coronavirus relief bill. But Mr. Trump replaced Mr. Fine in his Pentagon job. In recent days, [Mr. Trump] fired an inspector general who reviewed the whistle-blower complaint that led to his impeachment, nominated a White House aide to another key inspector general post, declared that he would ignore certain oversight provisions in the new relief law and attacked another inspector general who criticized virus testing shortages. In removing Mr. Fine from his role overseeing pandemic spending, Mr. Trump targeted a former Justice Department inspector general who earned a reputation for aggressive independence in scrutinizing the F.B.I.s use of surveillance and other law enforcement powers in the years after the Sept. 11, 2001, attacks. Replacing Mr. Fine ... will be Sean ODonnell, who serves as the inspector general at the Environmental Protection Agency and will do double duty.
Note: This 2015 article suggests that inspectors general have been under fire since the Obama administration. For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.
The coronavirus pandemic now ravaging the United States should lead every American to a series of important questions: What are the real threats that I face? What has my government been prioritizing in terms of my - and the nations - security? And where has all my tax money been going? Its hard not to conclude that the American governments national security priorities have been so askew of reality that they left the country dramatically unprepared for an acute threat to millions of its people. The governments focus has been overwhelmingly on the threat of extremist groups and unfriendly regimes abroad, mostly in the Middle East. These confrontations have won America an ever-growing list of enemies around the world. But their impact on the United States itself is now also being painfully revealed: a country that has spent trillions on foreign wars but is unable to defend its citizens from basic threats like disease and economic collapse. The last few weeks have revealed a spectacle of a federal government apparently incapable of doing what is required to stop the spread of a pandemic on American soil. Meanwhile, the avalanche of military spending that was released after the September 11 attacks continues to roll onwards. According to Brown Universitys Costs of War Project, the U.S. government has spent a staggering $6.4 trillion on its wars in Afghanistan, Iraq, and Pakistan since 2001. Interest payments on the borrowing needed to pay for the wars ... could run to as much as $8 trillion by midcentury.
Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus from reliable major media sources.
The Netherlands has tried to adopt an "intelligent lockdown", but the infection is spreading rapidly and it has one of the world's highest mortality rates from the pandemic. Having shunned the stricter measures of neighbouring states the government has pursued an "intelligent" or "targeted" lockdown. It wants to cushion the social, economic and psychological costs of social isolation and make the eventual return to normality more manageable. [The] local florist, ironmonger, delicatessen, bakery and toy store are still serving customers. Posters on the door and sticky tape on the floor encourage people to give each other space. Only those businesses that require touching, like hairdressers, beauticians and red light brothels, have been forced to cease trading. Schools, nurseries and universities are closed. Bars, restaurants and cannabis cafes are shut, although they seem to be doing a roaring trade in takeaways. "We think we're cool-headed," explained Dr Louise van Schaik of the Clingendael Institute of International Relations. "We don't want to overreact, to lock up everybody in their houses." People have been advised to stay at home, but you can go out if you are unable to work from home ... as long as you maintain 1.5m (5ft) social distance. It helps that the Dutch appear to be broadly compliant. One survey suggested 99% of people kept their distance. Dutch public health agency RIVM has launched a study to see how far antibodies created when people are exposed remain effective in preventing re-infection. "It's kind of like creating your own internal vaccine, by being exposed to it and then letting your body generate those antibodies naturally," Prof Aura Timen from the RIVM told the BBC.
Note: On 3/28, the Netherlands had over six times as many deaths as California with 639 compared to California's 104. Yet 15 days later (4/12), California had risen 608% to 633, whilethe Netherlandshas gone up only 428%to 2,737. This is quite interesting considering that California has been in lockdown since 3/19. You can verify this by going tothis linkof archived statistics on the virus and clicking on the dates in question. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
Stefano Mancuso studies what was once considered laughable the intelligence and behaviour of plants. Mancusos lab started work in 2005. We were interested in problems that were, until that moment, just related to animals, like intelligence and even behaviour, he says. At the time, it was almost forbidden to talk about behaviour in plants. But we study how plants are able to solve problems, how they memorise, how they communicate, how they have their social life and things like that. One of the most controversial aspects of Mancusos work is the idea of plant consciousness. Lets use another term, Mancuso suggests. Consciousness is a little bit tricky. Lets talk about awareness. Plants are perfectly aware of themselves. A simple example is when one plant overshadows another the shaded plant will grow faster to reach the light. But when you look into the crown of a tree, all the shoots are heavily shaded. They do not grow fast because they know that they are shaded by part of themselves. So they have a perfect image of themselves and of the outside, says Mancuso. Far from being silent and passive, plants are social and communicative, above ground and beneath, through their roots and fungal networks. They are adept at detecting subtle electromagnetic fields generated by other life forms. They use chemicals and scents to warn each other of danger. When corn is nibbled by caterpillars ... the plant emits a chemical distress signal that lures parasitic wasps to exterminate the caterpillars.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
A New York City landlord is giving his 200 tenants one less thing to worry about amid the coronavirus pandemic as he waived rent for the month of April. "I want everybody to be healthy. That's the whole thing," Mario Salerno told NBC New York. Salerno, 59, owns roughly 80 apartments across Williamsburg and Greenpoint, Brooklyn. He said after some of his tenants told him that they were worried about paying rent because they lost their jobs due to the pandemic, he decided to take action. On March 30, he posted a notice on the front doors of all of his buildings announcing, "Due to the recent pandemic of Coronavirus COVID-19 affecting all of us, please note I am waiving rent for the month for April." One of his tenants said she's been out of work since she was ordered to shut down her hair salon. "He's Superman. He's a wonderful man," Kaitlyn Guteski told NBC New York. "It's a game-changer." Salerno said he knows he will take a big hit this month, but isn't worried. "For me, it was more important for people's health and worrying about who could put food on whose table," he told the outlet. "I say don't worry about paying me, worry about your neighbor and worry about your family." He said he hopes other landlords will do the same, and some have. Nathan Nichols, who owns two units in Portland, Maine, told his tenants ... that they don't have to worry about paying the rent for April. In San Diego, California, Jeff Larabee's 18 tenants were told that they would not have to pay rent for the next three months.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
In recent days, top U.S. government officials have moved to assure Americans that they won't lack for food, despite the coronavirus. In fact, the pandemic has caused entirely different problems: a spike in the number of people who can't afford groceries and a glut of food where it's not needed. Dairy farmers in Wisconsin, Minnesota and Georgia have been forced to dump thousands of gallons of milk that no one will buy. In Florida, vegetable growers are abandoning harvest-ready fields of tomatoes, yellow squash and cucumbers for the same reason. "We cannot pick the produce if we cannot sell it, because we cannot afford the payroll every week," says Kim Jamerson, a vegetable grower. Those crops will be plowed back into the ground. The situation is especially dire for Florida's tomato growers, who sell 80% of their production to restaurants and other food service companies, rather than to supermarkets. Meanwhile, food banks and pantries are having trouble supplying enough food to people who need it, including millions of children who no longer are getting free meals at school and people who've lost jobs in recent weeks. Claire Babineaux-Fontenot, CEO of Feeding America, a network of food banks and charitable meals programs, says that these programs normally receive large donations of unsold food from retail stores. In recent weeks, though, as retailers struggled to keep their shelves stocked, "we're seeing as much as a 35% reduction in that donation stream from retail," Babineaux-Fontenot says.
Note: For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and the coronavirus pandemic from reliable major media sources.
Bill Gates ... just called for a complete and utter shutdown and quarantining of the entire American nation. Despite urging from public health experts, Gates wrote in a Washington Post opinion piece, some states and counties havent shut down completely. This is a recipe for disaster. Because people can travel freely across state lines, so can the virus. The countrys leaders need to be clear: Shutdown anywhere means shutdown everywhere. Until the case numbers start to go down ... no one can continue business as usual or relax the shutdown. He then added that the impacts of the new coronavirus could linger another 18 months or so, until a vaccine was developed. For the peons of America, work isnt an option. Its food. Its survival. The fate of a hard-earned dream shouldnt rest with a globalist billionaire whos warning of dire coronavirus consequences to come all the while making hands-over-fist coronavirus money. Its a conflict of interest. WHO didnt announce the coronavirus as a pandemic until the very day after Gates ... made a very large donation to a cause that benefits WHO. In a 2017 piece titled, Meet the worlds most powerful doctor: Bill Gates, Politico wrote: Some billionaires are satisfied with buying themselves an island. Bill Gates got a United Nations health agency. Over the past decade, the worlds richest man has become the World Health Organizations second-biggest donor, second only to the United States. This largesse gives him outsized influence over its agenda. The result, say his critics, is that Gates priorities have become the WHOs.
Very Important Note: To understand how the coronavirus is being used to exert more control over humanity, don't miss this incredibly important video focused on how Bill Gates is using fear around the coronavirus to push through his agenda to vaccinate everyone on the planet and then require a "digital certificate" to ensure they've been vaccinated. For other reliable, verifiable informing demonstrating how Gates' vaccine agenda has already harmed hundreds of thousands of children read this excellent article by Robert F. Kennedy, Jr.
Antarctica is now a harsh land of ice and snow, but has not always been that way. Earth’s southernmost continent long ago was home to temperate, swampy rainforests teeming with life, scientists said on Wednesday based on pristinely preserved forest soil they retrieved by drilling under the seafloor off Antarctica’s coast. The sediment core obtained by scientists working aboard the research icebreaker RV Polarstern in the Amundsen Sea near the Pine Island Glacier dated to about 90 million years ago during the Cretaceous Period when dinosaurs were the dominant land animals. The researchers estimated based on the soil content that this location, 560 miles (900 km) from the South Pole, experienced average annual temperatures of about 53-55 degrees Fahrenheit (12-13 Celsius) and average temperatures during the warmest summer months of about 68-77 Fahrenheit (20-25 Celsius). A modern temperature analogue may be New York City, according to marine geologist Johann Klages ... lead author of the research published in the journal Nature. The dark-brownish gray soil was composed of fine-grained silt and clay bearing remains of fossil roots in a dense network, pollen and spores spanning 65 types of plants, with individual cell structures clearly visible. “If you would go to a forest near you and drill a hole, it would probably look pretty similar,” Klages said. While they did not find any animal remains, Klages said there likely were dinosaurs.
Note: For more along these lines, see concise summaries of deeply revealing news articles on little-known history from reliable major media sources.
Maryland Gov. Larry Hogan is ... directing residents to stay home to avoid a larger outbreak of the coronavirus. Authorities have charged at least two people in recent days with violating bans on public gatherings of more than 10 people an offense that could result in a year in jail, a $5,000 fine, or both. Hogan says arrest for coronavirus offense sends 'great message.' The governors declaration mirrors a struggle across the country to enforce a patchwork of new stay-at-home orders, social-distancing directives and quarantines. Some people have found themselves under arrest for violating coronavirus regulations. In Hawaii, violators of the stay-at-home order face some of the stiffest penalties on the books to date: fines of up to $5,000 and a year in jail. Police in Honolulu have issued dozens of citations and made at least two arrests. In Texas, Gov. Greg Abbott has [called] for visitors from heavily-infected states and cities to self-isolate for 14 days or risk 180 days in jail and a $1,000 fine. [In Florida] checkpoints have been set up on interstate highways. Violators could be fined up to $500, jailed up to 60 days, or both. Washington State ... residents are invited to complete online forms detailing suspected violations by local businesses operating when they should be closed. The state threatens violators with citations, suspension notices, revoked business licenses even criminal charges. Some states that order out-of-staters to quarantine themselves for 14 days have drawn complaints from the American Civil Liberties Union for violating travelers' rights.
Note: Meanwhile in Sweden with no lockdown policies, no one is being arrested and the country has not spiraled out of control as predicted. Is it worth saving thousand of lives with these severe policies at the cost of hundreds of millions being plunged into poverty worldwide? For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
For many years Michigan was divided evenly along party lines. Then, in 2011, Michigan’s Republican party legally rigged the system. Charged with drawing new district lines, the lawmakers did so with unprecedented precision – carving unnatural boundaries to keep their favored voters and locales in hand – to guarantee a majority for their party. It worked perfectly. The process of creating these doctored maps, known as gerrymandering, resulted in widespread victories for the Republicans. But in 2016, a then 26-year-old with no political experience uprooted the system. Katie Fahey ... dedicated two years of her life to launching and leading a grassroots campaign that started with a Facebook post and, against the odds, ended gerrymandering in Michigan. Film-makers found Fahey the perfect anchor for their gerrymandering documentary Slay the Dragon, named for the oddly shaped district in Massachusetts created by the man who gerrymandering its name, former vice-president Elbridge Gerry. Slay the Dragon will be released this week during a census year – when the US population will be carefully counted in order to determine the size of electoral districts next year. It’s clear that Fahey’s hard-won movement is a threat to Republicans across the country during that process. But Fahey is hoping the momentum ... can be replicated in the 35 other states that still use congressional redistricting.
Note: For more along these lines, see concise summaries of deeply revealing news articles on elections corruption from reliable major media sources.
An international poll of thousands of doctors rated the Trump-touted anti-malaria drug hydroxychloroquine the best treatment for the novel coronavirus. Of the 2,171 physicians surveyed, 37 percent rated hydroxychloroquine the most effective therapy for combating the potentially deadly illness. The survey, conducted by the global health care polling company Sermo, also found that 23 percent of medical professionals had prescribed the drug in the US far less than other countries. Outside the US, hydroxychloroquine was equally used for diagnosed patients with mild to severe symptoms whereas in the US it was most commonly used for high risk diagnosed patients, the survey found. The medicine was most widely used in Spain, where 72 percent of physicians said they had prescribed it. Of the 2,171 doctors asked which drug is most effective, 37 said hydroxychloroquine. By contrast, 32 percent answered nothing. To date, there is no evidence that any medicine can prevent or cure the disease, according to the World Health Organization. But Sermo CEO Peter Kirk called the polling results a treasure trove of global insights for policymakers. Physicians should have more of a voice in how we deal with this pandemic and be able to quickly share information with one another and the world, he said in a press release. The 30 countries where doctors were surveyed included Europe, South America and Australia and no incentives were provided to participate, the company said.
Note: How interesting that very few major media reported on this. Could it be because this drug is inexpensive and big Pharma, which hugely sponsors the major media, won't make big profits? Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
More than a quarter-century ago, Steven Donziger, a young American human rights lawyer, joined the legal effort to force Texaco to clean up the Ecuadoran headwaters of the Amazon rain forest. Between 1972 and 1992, the company dumped toxic waste and spilled billions of gallons of oil-exposed water across 1,700 square miles, an area larger than Rhode Island. In response, a coalition of rural Ecuadorans in the Lago Agrio region sued the US oil giant, and Donziger signed on to help and soon became the lead attorney on the case. In 2013, after a legal campaign that stretched across two continents, the 30,000 indigenous people and small farmers whom Donziger represented in a class-action lawsuit won a $9.5 billion judgment in Ecuadoran courts against Chevron, which acquired Texaco in 2001. It was one of the largest financial judgments ever against an oil company. Fast-forward to today, and Donziger is under house arrest in New York City, forced to wear an ankle monitor. The lawyer, now 59, is fighting contempt charges. Meanwhile, his clients in Ecuador have received nothing from Chevron. Without that funding, they have no way to cleanse the poisoned soil or treat what they say is an elevated number of cancer cases. In 2010 ... Chevron launched a countersuit in a New York federal court, alleging that Donziger and his allies had committed bribery and fraud in Ecuador to win the case. Meanwhile, residents in the Amazon rain forest live and work on poisoned land.
Note: Read more about this troubling case. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.
In Hungary, the prime minister can now rule by decree. In Britain, ministers have what a critic called eye-watering power to detain people and close borders. Israels prime minister has shut down courts and begun an intrusive surveillance of citizens. Chile has sent the military to public squares once occupied by protesters. Bolivia has postponed elections. As the coronavirus pandemic brings the world to a juddering halt and anxious citizens demand action, leaders across the globe are invoking executive powers and seizing virtually dictatorial authority with scant resistance. Critics say some governments are using the public health crisis as cover to seize new powers that have little to do with the outbreak, with few safeguards to ensure that their new authority will not be abused. The laws are taking swift hold across a broad range of political systems in authoritarian states like Jordan, faltering democracies like Hungary, and traditional democracies like Britain. And there are few sunset provisions to ensure that the powers will be rescinded once the threat passes. We could have a parallel epidemic of authoritarian and repressive measures following close if not on the heels of a health epidemic, said Fionnuala Ni Aolain, the United Nations Special Rapporteur on counterterrorism and human rights. As the new laws broaden state surveillance, allow governments to detain people indefinitely and infringe on freedoms of assembly and expression, they could also shape civic life, politics and economies for decades to come.
Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic and the erosion of civil liberties from reliable major media sources.
With Maryland schools and some places of work closed amid the coronavirus pandemic, parents are looking for creative new ways to educate their children at home. One expert in homeschooling says a coronavirus-related quarantine situation should not be mistaken for a traditional educational setting. And parents should not lose sleep over whether their children are getting enough learning materials during such uncertain times. Were dealing with a global pandemic ... we need to worry about how were helping our children to cope with the stress," said Alessa Giampaolo Keener, an educational consultant. One of the best ways to help students stay mentally engaged in the coming weeks is by finding a routine that works for them without caving to the pressure [to] interrupt play or set elaborate schedules for children. Older children may respond well to being given a list of chores or assignments to complete by a set deadline, which allows them the autonomy to budget their own time throughout the day. The Khan Academy is a nonprofit that offers online educational resources for students, teachers and parents. Families can find day-by-day projects on Scholastics Learn at Home webpage to keep kids thinking during a quarantine. Projects are available for levels Pre-K through 9th grade. Some kids may miss recess and gym class just as much as academics. Families can find yoga, mindfulness and relaxation exercises on the Cosmic Kids Yoga Channel on YouTube.
Note: You can find more useful homeschooling resources on this webpage and this one and this one. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
India declared a 21-day lockdown with four hours notice on the midnight of 24 March to prevent the spread of coronavirus. All over India, millions of migrant workers are fleeing its shuttered cities and trekking home to their villages. These informal workers are the backbone of the big city economy. Escaping poverty in their villages, most of the estimated 100 million of them live in squalid housing in congested urban ghettos. Last week's lockdown turned them into refugees overnight. Their workplaces were shut, and most employees and contractors who paid them vanished. Sprawled together, men, women and children began their journeys at all hours of the day last week. When the children were too tired to walk, their parents carried them on their shoulders. Clearly, a lockdown to stave off a pandemic is turning into a humanitarian crisis. In the end, India is facing daunting and predictable challenges in enforcing the lockdown and also making sure the poor and homeless are not fatally hurt. India has already announced a $22bn relief package for those affected by the lockdown. The next few days will determine whether the states are able to transport the workers home or keep them in the cities and provide them with food and money. "People are forgetting the big stakes amid the drama of the consequences of the lockdown: the risk of millions of people dying," says Nitin Pai of Takshashila Institution, a prominent think tank. "There too, likely the worst affected will be the poor."
Note: In how many countries besides India is this scenario playing out? For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus pandemic from reliable major media sources.
The coronavirus financial aid package that landed on President Trumps desk last week included a $500 billion corporate-loan fund that contained a major downside for his administration: Congressional Democrats had pushed for increased oversight of the loans, with a federal investigator designated to report to lawmakers on uses of the funding. So Trump, in endorsing the legislation Saturday, turned to a device he has used in record numbers during his tenure, the presidential signing statement. He signed the bill into law, but in the accompanying statement, he said he would not be bound by provisions that interfered with executive authority. Trump said he would not allow an inspector general to report to Congress because the Constitution, in his view, requires presidential supervision of such information. Using the signing statement to get his way with Congress is a familiar maneuver for Trump. It was at least the 769th signing statement Trump has issued since he took office. President George W. Bush, who produced more signing statements than all previous presidents combined, issued 750 in his first term. The disputes that arise between presidents and Congress because of executive signing statements could be resolved by the courts. But members of Congress have generally been unwilling to file suit, and it is difficult to find private citizens who can ... establish legal standing. Unless a court says otherwise, the president, not Congress, will have the last word on the $500 billion loan fund.
Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.
The Covid-19 pandemic is now giving Russian authorities an opportunity to test new powers and technology, and the country's privacy and free-speech advocates worry the government is building sweeping new surveillance capabilities. Perhaps the most well-publicized tech tool in Russia's arsenal for fighting coronavirus is Moscow's massive facial-recognition system. Rolled out earlier this year, the surveillance system had originally prompted an unusual public backlash, with privacy advocates filing lawsuits over unlawful surveillance. Coronavirus, however, has given an unexpected public-relations boost to the system. Last week, Moscow police claimed to have caught and fined 200 people who violated quarantine and self-isolation using facial recognition and a 170,000-camera system. Some of the alleged violators who were fined had been outside for less than half a minute before they were picked up by a camera. And then there's the use of geolocation to track coronavirus carriers. Prime Minister Mikhail Mishustin earlier this week ordered Russia's Ministry of Communications to roll out a tracking system based on "the geolocation data from the mobile providers for a specific person" by the end of this week. According to a description in the government decree, information gathered under the tracking system will be used to send texts to those who have come into contact with a coronavirus carrier, and to notify regional authorities so they can put individuals into quarantine.
Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic and the disappearance of privacy from reliable major media sources.
The economic debate of the day centers on whether the cure of an economic shutdown is worse than the disease of the virus. Similarly, we need to ask if the cure of the Federal Reserve getting so deeply into corporate bonds, asset-backed securities, commercial paper, and exchange-traded funds is worse than the disease seizing financial markets. It may be. In just these past few weeks, the Fed has cut rates by 150 basis points to near zero and run through its entire 2008 crisis handbook. That wasnt enough to calm markets, though so the central bank also announced $1 trillion a day in repurchase agreements and unlimited quantitative easing, which includes a hard-to-understand $625 billion of bond buying a week going forward. At this rate, the Fed will own two-thirds of the Treasury market in a year. But its the alphabet soup of new programs that deserve special consideration, as they could have profound long-term consequences. The federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. If these acronym programs were abused ... they might indeed force markets higher than valuation warrants. But it would come with a heavy price. Investors would be deprived of the necessary market signals that freely traded capital markets offer to aid in the efficient allocation of capital. Malinvestment would be rampant. It also could force private sector players to leave as the governments heavy hand makes operating in controlled markets uneconomic.
Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus pandemic and financial industry corruption from reliable major media sources.
Professor Neil Ferguson ... produced a paper predicting that Britain was on course to lose 250,000 people during the coronavirus epidemic. His research is said to have convinced Prime Minister Boris Johnson and his advisors to introduce the lockdown. Ferguson has been criticised in the past for making predictions based on allegedly faulty assumptions which nevertheless shaped government strategies. He was behind disputed research that sparked the mass culling of farm animals during the 2001 epidemic of foot and mouth disease ... which ultimately led to the deaths of more than six million cattle, sheep and pigs. The cost to the economy was later estimated at 10 billion. A 2011 paper ... found that the government ordered the destruction of millions of animals because of "severely flawed" modelling. And separately he also predicted that up to 150,000 people could die from bovine spongiform encephalopathy (BSE, or 'mad cow disease'). [One] report stated: "The mathematical models were, at best, crude estimations." It also described a febrile atmosphere – reminiscent of recent weeks – and claimed that this allowed mathematical modellers to shape government policy. To date there have been fewer than 200 deaths from the human form of BSE. Scientists warned ... about the dangers in making sweeping political judgments based on mathematical modelling which may be flawed. Michael Thrusfield, professor of veterinary epidemiology ... described his sense of "deja vu" when he read Mr Ferguson's Imperial College paper on coronavirus. Others have directly criticised the methodology employed by Ferguson and his team in their coronavirus study.
Note: This informative article shows predictions of 40,000 dead in Sweden by early May using Ferguson's model were way off. As of May 10th, Sweden had registered 3,225 deaths. A review of his deeply flawed code is available here. This MSN article further reveals that Ferguson blatantly violated his own restrictions by seeing a married lover shortly after the UK lockdown was instituted. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.
