38 sats \ 1 reply \ @gmd 12 Apr 2022 \ on: Why is Shanghai in a total lockdown ? bitcoin
Seems pretty clearly 1.
  1. They may have had more information in March 2020 but at this point it's unlikely they know more than us given we've had 2 years of experience dealing with millions of infections while they were set on zero-COVID policy.
  2. Torturing your own people seems like a pretty passive aggressive way to destroy the USD.
Unfortunately while zero COVID was attainable with decent success for the better part of 2 years, Omicron is an order of magnitude more transmissible. China convinced their people that this was a winning strategy and are now unwilling to pivot. Sadly this drove vaccine reluctance amongst their most vulnerable, elderly population. Omicron is now free to run wild through an immune naive population.
New Zealand wisely abandoned this policy after getting a significant portion of their elderly population vaccinated.
img source from March HK vs NZ
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30 sats \ 0 replies \ @itsrealfake 13 Apr 2022
Sadly this drove vaccine reluctance amongst their most vulnerable, elderly population.
Just a reminder that their elderly are the only generation with memories of the Cultural Revolution.
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