Calm down folks. This Covid-19 virus is just another virus. Nothing special. Yes, some governments/cities/states are making a big deal out of it. They are mistaken and brainwashed by what they see others do. (Like the toilet paper hoarders). Tests are being done on high volume areas and that is making it seem like Covid-19 is an out of the ordinary high rate death virus. I assure you, this is not the case and this whole thing will blow over fairly quickly. Don't panic out of your stocks,ect. Now that would a mistake. Buy more and hold. What would Warren Buffet do? https://www.forbes.com/sites/invest...urtesy-of-the-coronavirus-crash/#18f5c24764ad
It's special because it's going to KILL US ALL. Got a ways to go yet. To date it's killed .0000014% of the worlds population over a 4 month period. Run for the hills.
The early scientific data suggests that it's much more contagious and has a much higher mortality rate than the flu. The overall level of fear we've seen is probably overblown, but flattening the curve so that our healthcare system doesn't get overwhelmed is probably a smart move.
The bigger issue is the RO number and hospitalization rate. Most people with the flu stay home and feel shitty for a week. Corona is sending young and old to the hospital at numbers that will far exceed capacity. That is the real panic to be honest. Not that 2% on average will die.
The hospitalization rate is also important because without capacity for critical care the death rate is much higher, as the Chinese found out in Wuhan.
The numbers out of Italy suggest that the mortality is strongly limited to the sick and elderly. https://www.bloomberg.com/news/arti...-died-from-virus-had-other-illness-italy-says More than 99% of Italy’s coronavirus fatalities were people who suffered from previous medical conditions, according to a study by the country’s national health authority. Almost half of the victims suffered from at least three prior illnesses and about a fourth had either one or two previous conditions. More than 75% had high blood pressure, about 35% had diabetes and a third suffered from heart disease. The average age of those who’ve died from the virus in Italy is 79.5. As of March 17, 17 people under 50 had died from the disease. All of Italy’s victims under 40 have been males with serious existing medical conditions.
Again.....again...mortality is not the issue...the faster contagion rate and hospital utilization reaching capacity IS the issue of we dont slow it down. Also how do you think old and weakened people get it? From others walking around freely and spreading it. Many younger people have not died but occupied a bed and respirator.