2022-04-25

Lockdown Damage

I thought stocks like Haidilao might bounce following the lockdowns, but with them being extended and spreading around the country, consumer companies are rolling over. I wonder to what extent the government is psychologically damaging the public. I'd wager about 20 to 30 percent of the American population is permanently scarred from the lockdowns and propaganda, or at least will take years to recover. At some point, repeated lockdowns alter behavior because the public assumes they are possible at any time.

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