Contrary to reports, SA Inc. is not in a terminal condition
If there’s a possibility of a cure, no matter the damage, we have to make drastic, seldom painless choices
Coronavirus will rewrite rules of inter-regional movement as boundaries change from defined sovereign state borders to areas infected or otherwise. It may result in all kinds of unpopular restrictions and irritations, it will inconvenience people’s travel arrangements, but we all accept that the alternative is ghastly, so we’ll deal with it in the hope that one day we’ll celebrate the ingenuity of the cure.
Economic crisis doesn’t give rise to the same levels of concern or panic. We are, after all, not talking about the death of people, even though we might be killing off societies and ways of life. It starts with less abundant niceties and manifest inequality but, unless acted on, economic crises infect everything in their path. At some point the debate moves away from rail versus road to whether or not there is enough drinkable water. At this point an economic crisis becomes no less life threatening than a runaway fatal virus.
Conventional wisdom isn’t always the cure in times of crisis. The first determination that needs to be made is whether we’re dealing with a terminal disease or grievous bodily harm (and then whether it is just broken bones or permanent disfigurement)...