The number of new infections in the U.S. has leveled off at about 30,000 per day in the last five weeks and appears to be showing a slight drop off. This is very positive since more and more people are being tested all the time.
So much about the coronavirus is as yet poorly understood that it is hard to even know the best way to implement the social distancing strategy which most of the world (except for Sweden!) is taking very seriously.
As I discussed last week, many states, including Nebraska where I live, are beginning to reopen their economies. Considering the uncertain timeline for the further spread of the coronavirus, it is critical to do this, even if the effort starts out slowly and hesitantly.
Many people, including myself, have speculated on how the pandemic is going to significantly change the way we conduct our personal lives, both at work and at home, such as, for example, by speeding up even more quickly the adoption of technology.
Another big change is going to occur in how we relate to the rest of the world in the future, especially China. Not only was the pandemic caused by poor public health measures in Wuhan, China, but it has now become obvious that the developed world has become too dependent on industrial supply chains centered in China. This has enabled China to dictate the terms of access to its market in circumvention of established international trade rules. The U.S. and its allies can’t protect their interests without confronting China.
Conclusion. The coronavirus pandemic has presented a huge shock to the entire world. Trying to limit the number of infections and deaths is an enormous public health issue. But is will also have a big effect on everyday life in the future. And world affairs will be greatly impacted. It is worthwhile to try to anticipate what is coming down the pike and prepare for it, even if imperfectly!