Australia is flattening the virus curve

Tuesday 31 March 2020

First, Australia:

We have begun to flatten the virus curve. The problem is, we’re still in Summer! As the lockdown proceeds to work, the pressure to open up will grow and we likely will in a month or so. Then we’ll be Winter and the virus will explode into a second peak. Unless we’re very clever and determined about an extreme testing regime.

By comparison, let’s look at Italy which is also succeeding finally with a very severe lockdown after waiting far too long:

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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.