Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa Bay news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Charlotte news in your inbox

Catch up on the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Sarah Grillo/Axios

The novel coronavirus outbreak has caught the U.S. and the world off guard, and now threatens to break through all containment efforts. But far from being a surprise, the potential pandemic was utterly predictable, as scientists have long warned.

The big picture: The world had its chance to prepare. We failed — and now we'll pay the price.

Flashback: Last October the Johns Hopkins Center for Health Security (JHCHS) put on a high-level pandemic simulation focusing on a fictional global outbreak caused by a novel coronavirus that spilled over from animals to humans.

  • Called Event 201, the exercise brought together policymakers and disease experts to debate how they would respond to the simulated pandemic, in an effort to map out how they could combat a real one.

Along with other reporters, I was there to observe the proceedings. What happened during the fictional pandemic eerily presaged the challenges and conundrums the world is facing with COVID-19.

  • Governments agonized about whether to ban public gatherings and block travel from infected areas.
  • Misinformation — accidental and deliberate — spread over social media, and participants in the exercise struggled to control messaging.
  • The economic effects of attempts to control the pandemic were as devastating as the disease itself, a dilemma compounded by the fact that participants had to make vital decisions with imperfect information about the virus—just as officials must do today.

The final results of the Event 201 simulation were horrific, with 65 million people dying in the exercise.

Why it matters: There's no way of knowing yet whether COVID-19 can cause damage on anything close to that scale. But Event 201 and other predictions about the rising threat from new infectious disease gave us plenty of warning about what the world is facing today.

  • Despite that, in the years before the coronavirus outbreak, the Trump White House dismantled the National Security Council's global health security unit and drastically cut the CDC's global health section.
  • Local health departments lost more than 55,000 workers between 2008 and 2018, according to the Trust for America's Health.
  • "There are major global vulnerabilities and challenges in pandemic preparedness and it will require collaboration between global business, governments and international organizations to address them," said Tom Inglesby, director of JHCHS.

If the current coronavirus can't be contained, the world will fall back on mitigation. But few countries are adequately prepared for what would come next — including the U.S.

  • Problems with tests have slowed the diagnosis of suspected cases in the U.S., giving the virus time to gain a foothold.
  • HHS official Robert Kadlec told a Senate hearing on March 2 that the U.S. had just 10% of the respiratory masks needed to combat a "full-blown" pandemic.
  • "At this point it's tricky to think that this will be kept from becoming endemic," said Jonathan Quick, a former WHO official and the author of The End of Epidemics.

The bottom line: Too often our response to public health disasters cycles between "crisis and complacency," in the words of a 2019 report from the Center for Strategic and International Studies. But we can see these catastrophes coming all too well.

Go deeper

Fed chair says low interest rates aren't driving stock market prices

Jerome Powell. Photo: ANDREW CABALLERO-REYNOLDS / Getty Images

Federal Reserve chairman Jerome Powell told reporters on Wednesday that rock-bottom interest rates aren't playing a role in driving stock prices higher, while noting that vulnerabilities to the financial system are "moderate."

Why it matters: The statement comes amid unshakeable stock prices and a Reddit-fueled market frenzy — prompting widespread fears of a bubble and the role monetary policy has played in that.

2 hours ago - World

Biden freezes U.S. arms deals with Saudi Arabia and UAE

Trump struck several large arms deals with Mohammed bin Salman (L) and Saudi Arabia. Photo: Kevin Dietsch-Pool/Getty Images

The Biden administration has put on hold two big arms deals with Saudi Arabia and the United Arab Emirates which were approved in the final weeks of the Trump administration, a State Department official tells Axios.

Why it matters: The sales of F-35 jets and attack drones to the UAE and a large supply of munitions to Saudi Arabia will be paused pending a review. That signals a major policy shift from the Trump era, and may herald sharp tensions with both Gulf countries.

Dan Primack, author of Pro Rata
2 hours ago - Podcasts

Robert Downey Jr. launches VC funds to help save the planet

Robert Downey Jr. on Wednesday announced the launch of two venture capital funds focused on startups in the sustainability sector, the latest evolution of a project he launched two years ago called Footprint Coalition.

Between the lines: This is a bit of life imitating art, as Downey Jr. spent 11 films portraying a character who sought to save the planet (or, in some cases, the universe).

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!