# Panademic effects

## Society
- Places will shutdown if hospitals get full
- Hospital full will depend on vaccine efficacy in reducing severity of virus
- Also depends on how contagious virus is, as fast people get infected will cause a spike

Info: https://yourlocalepidemiologist.substack.com/
Metrics: hospitals - find a data source - Eurpoe / US
- maybe UK because it has africa exposure and NHS is pretty good a telling how quickly their beds are filling?
https://ourworldindata.org/coronavirus/country/united-states
- UK Hospitalisations (leading indicator) https://ourworldindata.org/grapher/uk-daily-covid-admissions
- Multiple countries hospitalisations
https://ourworldindata.org/covid-hospitalizations
- Accererate the rise in importance of gaming, digital identities, online clout if lock downs, stay home orders start to increase

## Market
- Creates a larger inflationary push, difficult to raise rates if everyone is suffering
- Market is probably already expecting the FED to start printing again, if it doesn't due to inflation fears, the market could react very negatively
- Can tell from the yield curve (forward pricing of interest)
- (bond yields fell across the curve, i.e risk off, people expect the future interest rates to be lower)

- what is the effect on Crypto?
- Does this cement Bitcoin as the inflation trade?
- Stop loss trade on bitcoin?
- Could also be a risk-off event crashing the crypto market
- get rid of small coins which could draw down 90% in any risk off scenario