via Bloomberg : Ray Dalio on the Economic Impact of the Coronavirus Crisis:
Ray Dalio is well known to the Investment Community his sound in on Bloomberg provides a base line of context and we all find a need to understand and consider more where this all is leading us to.
On separate but related lines:
#DCarsonCPA on #ValueinContext Covid in Complexity (Sum of the Good, the Bad and the Ugly but not in that order necessarily):
Caveat no harm is intended here only to help begin our lines to help on abstract into core value needs for recovery as able and with better barometer to all points Health and Health Economics and Fiscal Policy and Economy, Sustainability and Impacts. If we cannot analyze it becomes hard to understand, transparency improves understanding and valued in teamwork.
#Covid is having a significant impact to Health and Personal Liberties but we are showing great teamwork. On a spiritual and human level we have compassion for any and all who are dealing with this crisis personally and directly with loss or suffering and separation, and wish you great strength support and resilience. Our skills come in on contextual understanding so we seek to help in understanding in prioritized order first via our actuarial apprentice lines to connect to actual statistics which were preceded by a tidal wave of media fear mongering it seemed where the better point served would have been responsible education,ie this is what we are asking and why, followed by then clarity to real transparent incidence statistics with the scientists and statisticians, demographers and health statisticians explaining clearly.Instead what happened was mass hysteria inducing fear sellling which led to worse than needed impacts to the psychology of the population and to the logistics and distribution lines of needs and perhaps in hind sight some of that energy could have saved lives if better directed towards elderly and disabled, inner city and high density zone community outreach which might have blunted the hit to Latino and Black American Communities and the Elderly and increasingly the outreach to the carriers in the younger lines of I feel good so we are all good which are manifest in observing the youthful cavalier that always exists but can be informed and led to help.
With clear sight to human impacts and support we also have to weigh in the equation how current health and health economics are weighing into a value added analysis of
N/D expressed as:
Health and Health Economics
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Fiscal Impact and Policy (debt and deficit drivers , GDP contraction et al)
As our leaders have noted as mortality shows a backwards slide they will feel more comfortable in the economy taking focus and opening which translates to a line of diminished health and health economics in the numerator to the denominator lines of health costs / fiscal and gdp impacts and industrial contraction and the increasing risk of supply line impacts to food, agriculture, energy and other competing needs for goods and sevices, education, social interaction, psychological and physiological health and mobility of the population which will downstream factor into public health ie how is staying at home impacting longevity on robust lines of averting the immediate challenges and maintaining fit and form with excercise and diet? certain people are alone which is an increased risk factor for mortality how is their elderly young and all age groups health impacted?
Environmentally we might assume its a win but what about all that soap and cleansing product of amonia, bleach et al and all the waste of masks and gloves where not reusable taking us?
is this a greater challenge of the human hand or an interaction of a higher being to slow us down to family and community needs that we not lose our humanity and faith at base or at minimal inter human context to purpose?.
Whatever is happening we must simultaneously work on teamwork and begin to turn on the lights of contextual understanding. This happens with the #Economist #analyst #actuarial #statistician and #FinancialAnalysts views to impact lines that quantify the model and project from the actuals to the plan, budget and forecast of this new road we are on.
We will be now working to help bring transparency to this line as an early experienced flaw of the overall communications lines was predictable impacts in this line of the #covidexperience
more to follow our role is to help on abstract analysis at macro with micro skills to apply that knowledge for optimized outcome support to needs on #EPCLines and we are decidedly human and heartful in the mix and quantification and enumeration provides a better compass and a more enriched line of support to public and private needs in the economy across entity policy and community lines of industry, non profits, government and communities at work in the #covidcrisis
Another relevant line of understanding is getting to the actual bottom of understanding #Covid as act or nature or human hand after the dust settles and at current press 2/50 states have initiated law suits vs China and the WHO and elements on the French Conservative Political landscape are following suit. The world has elements of unhappiness with the cut funding to the WHO which is important but at the same time the leader of the WHO needs to be a medical leader fearless to speak to epidemics and challenges at origin in real time which is unfortunately easier to do in some places as compared to others depending on parallel lines to degrees of freedom and openness.
This is a big issue with many challenges and much to learn. The referenced lines above to Global Law will at a minimum ideally build to better forensic understanding, a vision of accountability for epidemics and hopefully in the end the best of outcomes is we all find better ways forward.
DCarsonCPA on the Economy at https://www.dcarsoncpa.com/addtl_sources/economic_research working across financial, legal, technology and teamwork points to analysis to help on the economy and recovery.