Or develop tests which are accurate to a degree which makes the results believable. Until then, yes we are left to play the wait and see game. Had these motherfuckers taken the time to develop accurate testing months ago we wouldn't be in this position, but there was a political narrative to push.
US data, there is breakout in the number of currently hospitalised chart, has broken out to new all time highs. But daily deaths have not yet broken out to new all time highs. But have taken out the August highs.
UK expecting high side effects from new covid vaccine https://ted.europa.eu/udl?uri=TED:NOTICE:506291-2020:TEXT:EN:HTML&src=0
While new cases are off the charts deaths have only equaled (so far) Aug highs according to the data I have, although it is only a matter of time before more deaths will be tabulated (lagging as they do):-
seems like the docs have gotten a better handle on treatment. That shit goes out the window once all the beds are taken though
The Case Fatality Rate (CRF) in the U.S (and globally) has dropped from 5% earlier this year to about 2.5% recently. This due to a better understanding of how to treat COVID including understand drugs that were effective, drugs that were not effective (HCQ), effective steroid treatments and measures such as proper patient positioning along with measures to reduce intubations. The time between a positive COVID test and death has increased to near seven weeks from about three or four weeks early in the crisis. This is because early in the crisis people were only given a COVID test when they showed up at the hospital in poor medical shape-- now most people are getting positive test results a couple weeks before they show up at the hospital due to widely available testing. I agree when the hospitals get overloaded then the entire system breaks-down. El Paso seems to be at this point based on a description from a nurse in the media recently of her hospital leaving COVID patients to die in "The Pit" because they are overloaded. Similarly we have states such as Idaho shipping patients across state lines to Seattle and Portland because they are out of hospital space.
Just increased testing, more they do more the CFR will come down, it's a bad metric to base anything off and done entirely as the stupid ( most poeple ) think that's the mortality rate. Damage done via lockdowns is still 100x's the damage from the virus. Expecting huge ADR's from the Vaccine there trying to literally force on everyone, this shit is starting to smell real bad.
The financial damage done by government lockdowns as a public health response is minimal and only short term. Countries that had an effective public health response that kept their populations healthy endured the least financial harm. Let's take a look at reality... The 2008 Financial Crisis was a structural crisis, 2020 is not. Unlike 2008, large banks are not failing in 2020 -- the COVID crisis has a clear exit path with a vaccine and the financial fallout will primarily fall on small businesses rather than larger corporate entities which are the backbone of our global financial system and industry. Comparatively the economic damage done by COVID lockdowns and fallout is minuscule when compared to the 2008 financial crisis. Some individuals act like the economic damage done by government lockdowns and restrictions in 2020 are huge and will take years to recover from -- this is not true. The economy will snap back rather quickly after a vaccine is fully deployed in 2021. In the meantime countries that stay the most healthy with the minimal spread of COVID will take the smallest economic hits. Vaccine progress means the economic damage inflicted by coronavirus will be just a fraction of losses seen in the 2008 financial crisis https://markets.businessinsider.com...-2008-comparison-blackrock-2020-11-1029807744 New analysis from the BlackRock Investment Institute shows that the economic damage inflicted by the pandemic will be just a fraction of the losses seen following the Great Financial Crisis The firm says encouraging recent vaccine data from Moderna and Pfizer reinforces this view. "Positive news on COVID vaccines gives us greater confidence that the economic restart can re-accelerate in 2021," said a team of BlackRock analysts in a Monday note. Although a renewed surge in coronavirus infections and resulting lockdowns may disrupt the economy in the short-term, the vaccine gives investors and governments a "bridge to somewhere," said BlackRock. The post-coronavirus economy continues to prove that it defies historical comparison. On Monday, analysts from the BlackRock Investment Institute forecasted that the long-term damage from the pandemic will be nowhere near as devastating as the losses following the 2008 financial crisis. News of two highly effective vaccines from Moderna and Pfizer reinforce this forecast, said a team of analysts led by Jean Boivin. "Positive news on COVID vaccines gives us greater confidence that the economic restart can re-accelerate in 2021 – and that the cumulative activity loss from the virus shock will ultimately be a fraction of that seen after the global financial crisis," BlackRock said. In a chart comparing the US gross domestic product shortfall from the Great Financial Crisis to the estimated fallout from the ongoing pandemic, BlackRock demonstrated that cumulative losses will be just a fraction of what was seen after the 2008 debacle. Although a renewed surge in coronavirus infections and resulting lockdowns may disrupt the economy in the short-term, vaccine progress indicates that there is a way out of the pandemic, added BlackRock. "The game changer is that we now know we are building a bridge to somewhere, providing more clarity for governments and companies about getting to the post-COVID stage," said BlackRock. "That will make it easier to absorb any near-term disappointments and have greater confidence in the restart plan." BlackRock is moderately pro-risk and has a neutral rating for US stocks. It also sports an overweight weighting for stocks in emerging markets and Asia (except Japan). BlackRock said China and a number of other Asian countries have done a better job of containing the coronavirus and are further on the path to an economic recovery. Also, broad emerging -arkets stocks are likely to benefit from stable trade policy under a Biden administration, said the analysts.