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Niall Ferguson: The Next Global Disaster Is Already on Its Way

bloomberg.com

14 points by j1vms 5 years ago · 16 comments

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renjimen 5 years ago

> First, we should stop trying to predict or even attach probabilities to disasters. From earthquakes to wars to financial crises, the major disruptions in history have been characterized by random or power-law distributions. They belong in the domain of uncertainty, not risk. It is better to admit that than to delude ourselves with unattainable and probably misleading precision.

This paragraphs sums up this article for me. Lots of incoherent finger pointing. "We should do better but let's not delude ourselves that we can". In the one paragraph above he prescribes a model for occurence while telling us it's pointless.

This was the main part I found interesting:

> Not coincidentally, the places that did best in 2020 included three — Taiwan, South Korea and (despite a serious summer setback) Israel — that face multiple threats, including existential threats from neighbors.

So preparedness is a societal mindset. How frequently does a country need to be threatened to maintain this? How long does this mindset last after a threat? How much does preparedness cost a society? I'd have liked him to talk more about these kinds of things.

aphextron 5 years ago

I've always wondered this since COVID hit. Why has this not happened more frequently? If it were a natural event, why are we not constantly being bombarded with these things? And what happens when we get 3, 4, 5 different ones at once?

I'm no conspiracy theorist. But Occam's Razor leans heavily to the side of COVID being a man made catastrophe when you think about that.

  • JPKab 5 years ago

    https://thebulletin.org/2021/05/the-origin-of-covid-did-peop...

    The most likely origin of this virus at this point, was an accidental lab leak due to a quirk in regulations where BSL 2 was the category approved for normal coronaviruses, and BSL 3 was reserved for the natural strains that already infected humans like SARS 1 and MERS.

    Unfortunately nobody in the lab bothered to question whether they should be using BSL 3 gear when they were breeding bat born Corona viruses with humanized mice.

    That's the most likely explanation: This doesn't happen too frequently because normally somebody has the brains to ask themselves if the virus they are creating requires a greater level of protective gear than what the rules call for.

    For anyone that questions this comment and thinks that I'm some lunatic pushing conspiracy theories feel free to look at the NIH grant that funded this research and noticed the specific phrase of humanized mice.

    https://reporter.nih.gov/search/xQW6UJmWfUuOV01ntGvLwQ/proje...

    Bear in mind that in the early 2000s it only took 4 months to find the intermediate host between bats and humans. For mers it took 9 months to identify camels as the intermediate host.

    Despite having orders of magnitude more funding nobody has found an intermediate animal host for covid-19. Common sense tells you there was an intermediate host and it was the humanized mice in the laboratory.

    • one2three4 5 years ago

      That's what I think as well. What I really want to see is proof though and then the answer to the burning question: so if due to negligence these guys caused immeasurable losses...who's paying for that? I can't believe that the answer to that will be nobody. This was not an act of God (I think that's the legal term for non-manmade catastrophes where it doesn't make sense to ask for reparations).

      And I don't only refer to the initial mistake but also the subsequent ones by both China state and the Western states neglecting WHO etc.

    • aphextron 5 years ago

      And I'm sure I'll be downvoted to oblivion for even bring it up. But the evidence, as you've explained, has increasingly been mounting. I was all in on calling people Sinophobic for even suggesting this in the first few months. But there's simply no other plausible explanation at this point. And Beijing has been completely unresponsive in even denying it.

      • yhoneycomb 5 years ago

        When did you call people sinophobic? Seems like you talk more about how we are at war with China than anything.

        https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...

      • JPKab 5 years ago

        I too allowed my brain to be hijacked by my hatred for Trump. I allowed my biases to cause me to essentially outsource my decision-making to my enemy who then by aggressively going for a conclusion in a manner that was too early for concrete evidence, caused me to embrace the alternative explanation which itself frankly defied a lot of logic. I'm very embarrassed about this and it's something I have to confront about my own brains weaknesses.

        Why is that?

        It's quite a coincidence for a bat born Corona virus that is unusually adept at infecting human lung tissue to emerge in the same exact city as the world's leading batborn Corona virus research center. For this to not be related to anything in that research facility is starting to border on improbable but of course could happen.

        However when you combine this with the way the Chinese authorities behaved, and then add into this fact that they still cannot find any form of intermediate animal host no matter how much effort is expended, it really starts to push the natural-born theory to a high degree of improbability.

        I owe many of my friends a huge apology over this. It's not fun but I'm calling them one by one to apologize because I feel like it will remind me in the future to check my own cognitive biases before jumping to conclusions.

        I lament the fact that the majority of the public that did the same thing as me will never question their own judgment or stop to wonder why they were manipulated so aggressively by a media that was more concerned with confirming the biases of their audience and themselves than seeking out real truth.

        • cipher_system 5 years ago

          Wouldn't it make a lot of sense to locate a bat born Corona virus research center in a region with a lot of bat born Corona viruses?

          • JPKab 5 years ago

            That's not the region where they come from. They are primarily collected from their locations of origin which is in Yunnan. This is not to say that there are not horseshoe bats in Wuhan although they don't like urban areas and live in the outskirts. It's simply to state that the concentration of viruses that have escaped into animal populations and then humans are all concentrated in Yunnan.

            I assure you this is very uncomfortable information for me and I was horrified while reading it because I didn't want to believe it. It's especially alarming to me because I'm concerned about the geopolitical implications of people in nations like India gradually realizing this.

            I am not foolish enough to make conclusions yet because I do believe it's too early but as of now the likelihood of origin has shifted strongly in favor of an accidental lab escape. The animal transmission model via nature simply requires numerous highly improbable events for it to be the culprit. This doesn't rule it out it's simply makes it a lower probability of occurrence.

  • groby_b 5 years ago

    Occam's Razor thinks you might want to go to a library and read about power law distributions.

    We do have continual events. Most are extremely localized and small. Some reach the "local intervention" stage. A tiny percentage of those reaches the "newspapers elsewhere write about it stage". Occasionally, you get regional crises (SARS/MERS, for example). We finally got a global one.

    And yes, there are simultaneous outbreaks. All the time. We had, during the middle of Covid, several Ebola outbreaks in Africa. There was likely a large number of avian flu events that just didn't affect people because it was lost in the noise.

  • gmuslera 5 years ago

    COVID had some some circunstances that helped becoming so widespread.

    It takes several days for someone to caught it to develop symptoms, if ever.

    It happened at a moment in time and place with very high connectivity with the rest of the world

    You have far less odds of having severe symptoms (specially in the main/original variants), if any, if you are young enough. That is a good age for international travel (and spreading) and to not not care about consequences for others.

    And, last but not least, the influence of social networks and agents on them, that denied that the disease was a risk, that people should not take measures, and now that you should not vaccinate. And conspiracy theories, of course.

okareaman 5 years ago

He basically lets the Trump administration off the hook but blames public health bureaucracy of California - typical of what I've come to expect from Niall Ferguson, a partisan hack at this point.

  • whipaway 5 years ago

    > He basically lets the Trump administration off the hook

    That's pretty loaded.

    Should we let the entire liberal political establishment off the hook for screaming at the top of their lungs that Trump is evil for not going gung-ho with a WWII mobilization for ventilators? Only to later find that ventilators in many cases were not only ineffective, but leading to death.

frankbreetz 5 years ago

>>Though its president, Martin Vizcarra, was also impeached (twice) last year, he cannot really be described as a populist.

>>The line of least intellectual resistance has been to blame populist leaders such as U.S. President Donald Trump.

How does this make sense?

  • rjsw 5 years ago

    > How does this make sense?

    It doesn't need to make sense, Ferguson is just trying to defend other members of his team.

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