now keep open close open close drag for so long waste even more $$$
you talking about accumulated losses.
Scenario 1
Whole world shut down for 2 month,
many countries took hundreds of millions to few billions worth hit.
Thousands to hundreds of thousands become broke from export+tourism complete shutdown.
Scenario 2
as per what is happening now.
many countries took 1/20 of the hundreds of millions to few billions worth hit but accumulatively already more than the scenario 1 financial hit.
Positive part is probably only 1/10 to 1/50 of thousands to hundreds of thousands become broke from export+tourism not here not there shutdown. And there is transition period, meaning those who loss jobs can find other jobs as there is a gradual loss of jobs instead of instant hit of 10x-20x more people losing jobs together.
Numbers above are randomly guessed. But the idea is there.
Hard to say if scenario 1 will work out to completely eradicate the virus after 2 month.
And if it starts to spread, it's back to square 1.