Corona Virus Truth Bomb.... Thanks Kevin Hennessy
I’m so shocked at how out of proportion this has got.
*Huge annual events cancelled in multiple countries
*Easyjet Shares down 18%
*Chinese Grand Prix cancelled
*Rugby Games cancelled
*Total cost to airlines so far $30 Billion
*Total flight cancellations 260,000 flights
*Cathay Pacific have over 50% of their fleet grounded.
*International border crossings closed and people turned away from countries.
*Turkey and Pakistan have both closed borders with Iran
*People panic buying
*Nurses in Hebei Province apparently having their heads forcibly shaved to prevent further infection
*So many industries and trades affected- Retail, Healthcare, Tech, Tourism and E-Commerce are just a few examples.
We could easily cause major disruption to the global economy if we carry on as we are......this will be a HUGE problem.
So here’s the rough reality:
This thing has killed around 3000 people, out of what is now verging on 80,000 confirmed cases......
That’s a death rate of around 4% - 3000 out of 80,000 since NYE when the first case was reported.
So let’s say hypothetically for arguments sake say that in the first quarter of 2020 the Corona Virus has killed 3000 people.......
Let’s presume, just to be dramatic that the spread continues despite overwhelming international effort....... and that mortality rate goes up by 50% with each quarter, unlikely but we’re being dramatic about this.....
So that’s
Q1- 3000 people
Q2- 4500 people
Q3- 6750 people
Q4- 10,125 people
Let’s be even more dramatic just for banter and 4x that number - you get 40,500 people...... based on the speed it’s spreading and killing those numbers are waaaaay over what is more than likely the reality.
Screw it, let’s 10x that number worst case scenario - we’re now at 405,000.
THE COMMON COLD/STANDARD FLU KILLS 646,000 PEOPLE A YEAR GLOBALLY.
Another example of the worlds media creating fear and panic for whatever reason or as a way to distract us from something else
This post isn’t for scientific accuracy, but to help people understand PERSPECTIVE, in the grand scheme of things. It’s about proportional response to a crisis and how this effects the global economy.
Also guess what happens to cases that don’t die? They literally get over it..... 80,000 confirmed cases doesn’t mean 80,000 people have it NOW....... it’s the amount of people who have caught this new strain of FLU since NYE- that’s literally it.
Most of them have now been discharged
Can we all calm down a bit now please?
Also, mosquitos kill over 1000 people a day..... you don’t see people wearing full body mosquito nets down the street...