In The Telegraph's business section, Jeremy Warner says the quiet part out loud: capitalists want poor old people to die, because this would be good for "the economy", as the owning classes conceive of it.
Does the Fed know something the rest of us do not with its panicked interest rate cut? (The Telegraph)
However, there are some key differences, not least the fact that the Spanish flu disproportionately affected those of prime work age, whereas the coronavirus primarily kills the elderly. In the First World War outbreak there was thus a lasting impact on supply, with many families suffering the loss of the primary bread-winner.This is quite unlikely to occur this time around. Not to put too fine a point on it, from an entirely disinterested economic perspective, the COVID-19 might even prove mildly beneficial in the long term by disproportionately culling elderly dependents.