Interesting predictions. However, they do not fit the facts on the ground, at least here in Poland, which is some weeks ahead of the US with respect to the development of the epidemic.
(I'm relieved that) people have gotten sick and tired of the restrictions, about 50% (and growing every day) are not wearing the masks inside anymore, or bother with the distancing, despite official requirements. All restaurants and bars are opening up on Monday, my favourite one described the prior atmosphere as a "psychosis of fear".
It's interesting what happens when the second wave of infections occurs, which is becoming more and more likely. It's hard to imagine the population will be as fearful and obedient as the first time, should the government try to impose another lockdown.
If, as Nassim Taleb believes, the lockdown was bottom-up, demanded by the people rather than imposed by the government, a repeat seems unlikely. Perhaps that's why the stock market is surging?
(I'm relieved that) people have gotten sick and tired of the restrictions, about 50% (and growing every day) are not wearing the masks inside anymore, or bother with the distancing, despite official requirements. All restaurants and bars are opening up on Monday, my favourite one described the prior atmosphere as a "psychosis of fear".
It's interesting what happens when the second wave of infections occurs, which is becoming more and more likely. It's hard to imagine the population will be as fearful and obedient as the first time, should the government try to impose another lockdown.
If, as Nassim Taleb believes, the lockdown was bottom-up, demanded by the people rather than imposed by the government, a repeat seems unlikely. Perhaps that's why the stock market is surging?