Worse case scenario has already been stated in the article. What else a country with almost 50,000 tallied cases every single day could do to stop the spread?
Let's just accept the fact that it would really kill hundreds if not thousands of businesses specifically in the entertainment and events industry. That's one major way to mitigate the spread. Health is wealth.

Now, my verdict about covid as an attack to the economy has now become even stronger. I don't know about this conspiracy theory, but If this is true, then I can say this is an intelligent idea not spending a single bullet to kill citizens and the economy at the same time.