Insight diagram
Collapse of the economy, not just recession, is now very likely. To give just one possible cause, in the U.S. the fracking industry is in deep trouble. It is not only that most fracking companies have never achieved a free cash flow (made a profit) since the fracking boom started in 2008, but that  an already very weak  and unprofitable oil industry cannot cope with extremely low oil prices. The result will be the imminent collapse of the industry. However, when the fracking industry collapses in the US, so will the American economy – and by extension, probably, the rest of the world economy. To grasp a second and far more serious threat it is vital to understand the phenomenon of ‘Global Dimming’. Industrial activity not only produces greenhouse gases, but emits also sulphur dioxide which converts to reflective sulphate aerosols in the atmosphere. Sulphate aerosols act like little mirrors that reflect sunlight back into space, cooling the atmosphere. But when economic activity stops, these aerosols (unlike carbon dioxide) drop out of the atmosphere, adding perhaps as much as 1° C to global average temperatures. This can happen in a very short period time, and when it does mankind will be bereft of any means to mitigate the furious onslaught of an out-of-control and merciless climate. The data and the unrelenting dynamic of the viral pandemic paint bleak picture.  As events unfold in the next few months,  we may discover that it is too late to act,  that our reign on this planet has, indeed,  come to an abrupt end?  
Insight diagram

INTRODUCTION

This is a balanced loop model that demonstrates how COVID 19 outbreak in Burnie and the response of the government (e.g. by enforcing health policies: Lockdown; quarantine, non-necessary business closure; border closure) affect the local economy.  This model has 13 positive loops and seven negative loops.  Government response is dependent on the number of reported COVID-19 cases which in turn thought to be dependent on the testing rates less those who recovered from COVID 19 and dead. Economic activity is dependent on the economic growth rate, increased in online shopping, increased in unemployment, number of people who do not obey the rules, COVID 19 cases and health policies.

 ASSUMPTIONS

 · Both infection and economic growth is reduced by enforcing government policies

 · However, the negative effect of government policies is reduced by the number of people who do not obey government health policies

 · Govt policies are enforced when the reported COVID-19 case are 10 or greater.

 ·     Number of COVID cases reported is dependent on the testing rates less those who recovered and dead.

 ·   The higher number of COVID-19 cases have a negative effect on local economy. This phenomena is known as negative signalling. 

 ·   Government policies have a negative effect on economic activity because health policies limit both social and economic activities which directly or indirectly affect the economy in Burnie .  

 ·  This negative effect is somewhat reduced by the increase in online shopping and the number of people who do not obey heath rules.

 INTERESTING INSIGHTS

The test ratings seem to play a vital role in controlling COVID-19 outbreak. Higher Rates of COVID testings decrease the number of COVID 19 deaths and number of infected. This is because higher rates of testing accelerate the government involvement (as the government intervention is triggered earlier, 10 COVID cases mark is reached earlier). Delaying the government intervention by reducing the COVID testing rates increases the death rates and number of infected. 

Increased testing rates allow the figures (deaths, susceptible, infected) to reach a plateau quickly. 





Insight diagram
Ausbreitung von SARS-CoV-19 in verschiedenen Ländern
- bitte passen Sie die Variablen über die Schieberegler weiter unten entsprechend an

Italien

    ältere Bevölkerung (>65): 0,228
    Faktor der geschätzten unentdeckten Fälle: 0,6
    Ausgangsgröße der Bevölkerung: 60 000 000
    hoher Blutdruck: 0,32 (gbe-bund)
    Herzkrankheit: 0,04 (statista)
    Anzahl der Intensivbetten: 3 100


Deutschland

    ältere Bevölkerung (>65): 0,195 (bpb)
    geschätzte unentdeckte Fälle Faktor: 0,2 (deutschlandfunk)
    Ausgangsgröße der Bevölkerung: 83 000 000
    hoher Blutdruck: 0,26 (gbe-bund)
    Herzkrankheit: 0,2-0,28 (Herzstiftung)
   
Anzahl der Intensivbetten: 5 880


Frankreich

    ältere Bevölkerung (>65): 0,183 (statista)
    Faktor der geschätzten unentdeckten Fälle: 0,4
    Ausgangsgröße der Bevölkerung: 67 000 000
    Bluthochdruck: 0,3 (fondation-recherche-cardio-vasculaire)
    Herzkrankheit: 0,1-0,2 (oecd)
   
Anzahl der Intensivbetten: 3 000


Je nach Bedarf:

    Anzahl der Begegnungen/Tag: 1 = Quarantäne, 2-3 = soziale Distanzierung , 4-6 = erschwertes soziales Leben, 7-9 = überhaupt keine Einschränkungen // Vorgabe 2
    Praktizierte Präventivmassnahmen (d.h. sich regelmässig die Hände waschen, das Gesicht nicht berühren usw.): 0.1 (niemand tut etwas) - 1 (sehr gründlich) // Vorgabe 0.8
    Aufklärung durch die Regierung: 0,1 (sehr schlecht) - 1 (sehr transparent und aufklärend) // Vorgabe 0,9
    Immunitätsrate (aufgrund fehlender Daten): 0 (man kann nicht immun werden) - 1 (wenn man es einmal hatte, wird man es nie wieder bekommen) // Vorgabe 0,4


Schlüssel

    Anfällige: Menschen sind nicht mit SARS-CoV-19 infiziert, könnten aber infiziert werden
    Infizierte: Menschen sind infiziert worden und haben die Krankheit COVID-19
    Geheilte: Die Menschen haben sich gerade von COVID-19 erholt und können es in diesem Stadium nicht mehr bekommen
    Tote: Menschen starben wegen COVID-19
    Immunisierte: Menschen wurden immun und können die Krankheit nicht mehr bekommen
    Kritischer Prozentsatz der Wiederherstellung: Überlebenschance ohne spezielle medizinische Behandlung



Insight diagram
Collapse of the economy, not just recession, is now very likely. To give just one possible cause, in the U.S. the fracking industry is in deep trouble. It is not only that most fracking companies have never achieved a free cash flow (made a profit) since the fracking boom started in 2008, but that  an already very weak  and unprofitable oil industry cannot cope with extremely low oil prices. The result will be the imminent collapse of the industry. However, when the fracking industry collapses in the US, so will the American economy – and by extension, probably, the rest of the world economy. To grasp a second and far more serious threat it is vital to understand the phenomenon of ‘Global Dimming’. Industrial activity not only produces greenhouse gases, but emits also sulphur dioxide which converts to reflective sulphate aerosols in the atmosphere. Sulphate aerosols act like little mirrors that reflect sunlight back into space, cooling the atmosphere. But when economic activity stops, these aerosols (unlike carbon dioxide) drop out of the atmosphere, adding perhaps as much as 1° C to global average temperatures. This can happen in a very short period time, and when it does mankind will be bereft of any means to mitigate the furious onslaught of an out-of-control and merciless climate. The data and the unrelenting dynamic of the viral pandemic paint bleak picture.  As events unfold in the next few months,  we may discover that it is too late to act,  that our reign on this planet has, indeed,  come to an abrupt end?