Choice in dealing with COVID was "suppression, or trading off deaths against the economy.”
Suppression did better in every respect. Those that sacrificed lives have tended to end up with high mortality AND economic costs. INET via @martinwolf_
ft.com/content/7fb55f… https://t.co/caRdhOEQgT
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from