Population ponzi destroys pandemic defence

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It’s the economic model that keeps on giving, via Domain:

Concentration of our populations in major cities and increased international air travel are creating conditions ripe for pandemics to spread faster and infect more people, according to new research from the University of Sydney.

…“You have airports getting a lot more traffic – in Adelaide, the Gold Coast, places that weren’t historically connected to the international air network,” lead researcher Dr Cameron Zachreson said.

Dr Zachreson believes Australia needs to increase hospitals’ capacity until they are routinely operating at under 85 per cent full capability, as proposed by the Australian Medical Association, to give health services the ability to cope with pandemic emergencies.

Good one Dr Zach. As Infrastructure Australia has modeled, under every single build-out scenario for hospitals access falls materially:

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More sick, more dead. Go ponzi.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.