Global real interest rates and the ‘suprasecular’ decline, 1311–2018 (2020)

Re:Global real interest rates and the ‘suprasecular’ decline... by strken on Friday January 29, 2021 @12:11AM (#25954231)

Can't speak to the US lockdown, but Melbourne, Victoria, Australia had restrictive lockdowns (1 hour outdoor exercise with up to 2 people together, 1 daily trip to the supermarket per household, couldn't travel more than 5km from your house, police roadblocks out of the city and out of the state, non-essential industries shut down and some essential ones operating at significantly reduced capacity, 8pm-5am curfew) and was accompanied by a 22% spike in calls to the largest suicide hotline.

Even introverts can miss going outside or seeing their family.

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Re:Global real interest rates and the ‘suprasecular’ decline... by h0l0cube on Friday January 29, 2021 @03:34AM (#25955297)

> was accompanied by a 22% spike in calls to the largest suicide hotline

A counterfactual: how many people would be affected if their spouse/parent died without the lockdown? These tragedies are unfolding in many countries, and by this misfortune we'll be able to see, in retrospect, the impact of government interventions vs outcomes in a pandemic.

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Re:Global real interest rates and the ‘suprasecular’ decline... by strken on Friday January 29, 2021 @10:54AM (#25958562)

I'm 100% in support of the lockdown, and Australia hasn't had a locally acquired case for well over a week, but supporting something doesn't mean being blind to the downsides.

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Re:Global real interest rates and the ‘suprasecular’ decline... by steveBK123 on Friday January 29, 2021 @08:15AM (#25956910)

Even when NYC was at 500% daily death rate, there was nothing resembling that level of lockdown. I cannot stress enough how much the US lockdowns resembled nothing like what some of the countries that got the virus under control did.

Groceries restricted number of simultaneous customers, but I could go anytime and as many times as I wished. Restaurants were open for takeout. Parks were open, and capacity was not enforced. Transit was operational. I could get in my car and drive wherever, Uber was running, etc. I’m fairly certain flights were running through this. So people were socializing indoors with friends&family obviously.

Many singles in their 20s I knew went back home to mom&dad, especially if they lived alone.

No curfew. In fact the only curfew we had was a few days during BLM rallies.

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Re:Global real interest rates and the ‘suprasecular’ decline... by toomanybeersies on Friday January 29, 2021 @10:59PM (#25965894)

However, despite a spike in calls, the actual number of suicides in Victoria was lower in 2020 than previous years [1]

[1] https://www.theage.com.au/national/victoria/suicides-in-vict...

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Re:Global real interest rates and the ‘suprasecular’ decline... by UncleOxidant on Friday January 29, 2021 @11:42AM (#25959227)

And yet those stricter lockdowns in Australia (stricter than in the US) paid off. There are very few cases at this point and little if any community spread.

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