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The Upsides of Coronavirus

I don't usually write about current events because I don't necessarily think that yet another semi-informed opinion floating around is of much value. This time the event is easily actionable on a personal level, though, and I'm personally doing what I can to make the best of the situation, so I figured I'd share.

Before I get started, I want to recognize that some people are suffering and dying, many more are scared, and just about everyone is going to be affected financially. In the short term this is going to be very bad for a lot of people and at least somewhat bad for all of us.

Like most people I have older family members I'm concerned about, and as you can imagine my business was hit to an extreme level. My income is actually negative this month because all I've been doing for the past 30 days is canceling cruises. I don't invest a ton in the stock market, but my retirement accounts took a hit, too. I mention this to put my next few points in context.

Despite all this, I think that over the long term coronavirus may end up being one of the most positive events for humans in recent history. I understand that that sounds crazy or hyperbolic, but I don't think it is.

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