Wars and epidemics can, or have been "given credit for", change. The Covid-19 pandemic is, of course, tragic for many families, but what effect will it have on the nation and the world?
Liquidity:
Will people still live on credit - or keep more in reserve?
Epidemiology:
Will the "science" of epidemiology gain traction - or just be a "bad joke"?
Ventilation:
Will hotels, apartments and cruise ships be built with ventilation that will stop the spread of airborne particles?
Genetic Modification:
Many think that the Covid-19 virus was GMed as a biological weapon... but could they GM viruses to create a "harmless" virus that could give immunity to serious pathogens? (Cowpox was used to give immunity to smallpox).
Internet:
I think that the internet has had a major boost as a result of Covid-19... but will it mean that teleconferencing will reduce business air travel?
Gross National Product
Wars tend to "affect" the working population, infrastructure, etc., and have a lasting effect on GNP, but, if most businesses can survive, most of the tax-payers survive, and most of us still have roofs over our heads, how soon can the economy bounce back?
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S11m
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We have repeatedly been told that this virus will reach its peak in a week or two. They don't really know, and after that, they will also not know what to do then.
I think when this is over life will change but I'm not sure how at present.
The Institute for Fiscal Studies may have a few answers to some of those questions. x
Hi S11m,
I think there will inevitably be some changes in attitude for at least a while when this crisis passes. I think that there will be a new keen awareness of the danger of another rogue virus causing similar havoc in future, and big lessons will be learned in how to deal with such a thing arising again. (Hopefully it won't, for a very long time).
In terms of our learning anything for the future, I hope that government will never again run down our services to the extent that they have in the past few years. Not only our NHS but all emergency services.
I think that for many years we will be keenly aware of how quickly things can change for the very unpleasant, and maybe learn that we are not quite as in control of things as we thought we were.
Apart from that, despite initial desires to do things differently, and contrary to all the hopes of many people, I think that, within a few months or years, we will be doing pretty much what we were all doing prior to this emergency.
I live in the USA, and we don’t have a National Health government plan, like the
NHS. Therefore, people are out of luck, if they don’t have Insurance, for health care. If one has insurance, the money to pay co-pays, and/or money to pay Doctor/Hospital bills, they will get treated, for their health problems. People are turned away from receiving medical care, at many hospitals, Doctor’s offices, and other medical care centers, if they can’t pay! People have died, because they can’t afford medical care! The cost of prescriptions has risen so much, that diabetes insulin, for my wife, is $300.00 each time, at the pharmacy, and that’s with insurance. There are many high deductibles with insurance policies, these days. So, poor people, the elderly, on fixed incomes, and some of the most vulnerable people, are, oftentimes, saddled with not getting the medicines, or medical care they need. Medicare and Medicaid government services, to help many of these people, have had their services cut, by the current administration, leaving many people without medical help. So, I am familiar with the Canadian NHS, and can see that, even with coverage that is not always ideal, and has it’s fair share of problems. At least some National Health Service plan, for all citizens, is better, than having no coverage, and being denied needed medical care! The coronavirus pandemic just makes it worse for many, who aren’t covered by insurance adequately, or not insured at all! Already, it’s a tragedy that so many people are suffering so much at this time.
I live in Florida and you are so correct about our health care here. It's sad in some causes if you get a cancer you may not get help or will have to fight getting it. If you do have insurance you better hope your insurance will cover what is going on. A lot of treatment is deemed not medically necessary or experimental in nature. I know a lot of people here that feel that because they have jobs and insurance it won't affect them. What they don't understand is as soon as they get a major diagnosis you may not have your job anymore. That is what has happened with this pandemic. Hopefully it will bring about some type of a change.
I think the dynamics within individual families is changing as a result of COVID-19. The virus has positioned children to play only with their siblings, rather than going out to play with friends and going to school. This sibling interaction could breed stronger more inner-dependent (less interdependent) families.
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