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But given a lack of herd immunity and the absence of a vaccine means that a rather huge portion of the economy will be depressed until a vaccine is ready.

Therapeutics will be available long before a vaccine.

No, you don't want to get Covid, although 80% of us will over the next couple of years, but if there's a safe and easy treatment then almost all of the risk is removed.

So, I think your overall point here is offbase, although certain industries will be depressed longer than others, ceteris paribus.
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