McCrann: Keep borders shut

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Via Terry McCrann today:

One thing should be clear cut — especially at this point of peak uncertainty.

Think very carefully about the range of possible consequences of decisions; they could so easily and dramatically backfire.

Letting in Chinese students and/or tourists too quickly could end up damaging the very people and businesses that are being worst hit in Australia — Chinese and other Asian restaurants.

What is most likely to cause people to stay away from them — and the Chinatowns in the major cities more generally — is any suggestion that a fresh group of possible carriers have arrived.

The warning bell rung by Italy and South Korea is that a dormant carrier can erupt potentially some weeks after entry.

It would take just one in Australia to be extremely damaging to confidence about the virus’s spread.

Self-evident. Not to mention the many more elderly dead.

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.