The human costs of Covid-19 unpreparedness in US and Europe

Unlike markets, the coronavirus cannot be “talked down.” Delays and unpreparedness in the United States and Europe are proving costly to the rest of the world in terms of public health and subsequent economic damage.

THE epicenter of the coronavirus disease 2019 (Covid-19) outbreak is now in Europe and the United States. Since complacency and inadequate preparedness prevailed outside China until recently, the human costs of the global pandemic are accelerating.