“The economic disruption caused by the COVID-19 pandemic could cost between $9 trillion and $33 trillion—many times more than the projected cost of preventing future pandemics. We have estimated that spending $70 billion to $120 billion over the next two years and $20 billion to $40 billion annually after that could substantially reduce the likelihood of future pandemics.”
That’s the conclusion of “Not the last pandemic: Investing now to reimagine public-health systems” the latest Insights by McKinsey.https://lnkd.in/dGj9AQY
The COVID-19 pandemic was anticipated in “Clade X” a simulation held by the Johns Hopkins Center for Health Security, in May 2018. Clade X simulated a bioweapon that, over 20 months, killed 150 million worldwide. It demonstrated just how unprepared America was for a pandemic.
We were warned.
This important article outlines five key steps the U.S. and other democracies should take immediately to prevent a repeat of the chaos that has marked the COVID-19 response.
COVID-19 is reported to have already mutated several times in recent months. The next pandemic may dwarf the current one.