02-23-2020, 12:32 PM
** 22-Feb-2020 World View: The End of the World
As I just wrote in another thread, I personally believe that we're
headed for a pandemic. However, Coronavirus is not going to bring
about the end of the world. Even in the worst case scenario, where
everyone in the world becomes infected, the death rate is still around
2%, which means that 98% will recover. Actually that 2% is only of
serious cases. Even if we assume that everyone in the world becomes
infected, many people will have mild cases. So that 2% figure is more
like 1%. This will be a major global crisis, and it may trigger a
recession, or it may trigger a global financial crisis, or it may
trigger WW III, but it's not the end of the world.
As I just wrote in another thread, I personally believe that we're
headed for a pandemic. However, Coronavirus is not going to bring
about the end of the world. Even in the worst case scenario, where
everyone in the world becomes infected, the death rate is still around
2%, which means that 98% will recover. Actually that 2% is only of
serious cases. Even if we assume that everyone in the world becomes
infected, many people will have mild cases. So that 2% figure is more
like 1%. This will be a major global crisis, and it may trigger a
recession, or it may trigger a global financial crisis, or it may
trigger WW III, but it's not the end of the world.