THE BASIS POINT

Hedge fund titan Bill Ackman says coronavirus will kill 1 million Americans if U.S. doesn’t shut down everything for 30 days

Bill Ackman says coronavirus will kill 1 million Americans if U.S. doesn't shut down everything for 30 days

Until a vaccine is developed, we will go through a depression era period. As many as 1 million Americans will die, and it’s just math. These are just a few coronavirus risk assessments from Bill Ackman during a CNBC interview today. This video below is alarming, but worth watching and sharing for 2 reasons:

– To make sure you’re taking social distancing seriously

– To make sure this kind of message gets into the heads of decision makers in Washington

Ackman’s basic premise is a 30-day complete shutdown will minimize inevitable damage, and we’ll come out the other side OK. But the other side will come quicker if we have the discipline to pause everything for awhile.

Reference:

Bill Ackman on just how serious coronavirus is

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