bozzle and concerned traders...
Some interesting articles in this weekends AFR...
I will use similar words because of copyright restrictions...
The New England Journal of medicine has revealed the death rate of Covid-19 is lower than first thought..
Based on 1099 patients, 500 hospitals in China the death rate has been assessed at 1.4 per cent...
That does not take into account thousands that only have mild to very mild symptoms that require no hospitalisation !
That would drive the death rate below 1 per cent...
...and that 1 per cent would be higher in the elderly and those with serious health issues !
On average the vast majority recover within 2 weeks !
Professor Nigel McMillan ( director in infectious diseases Griffith University) says that Covid19 will eventually become like just another virus which up to 99 per cent of the population will be no worse than a mild cold !
Now the fear in the market atm...
Modern panic was born in this techno matrix, Fin -de-siecle sociologists identify panic as a modern pathology, a condition bought on by the excitations of urban living, the frenetic pace of communications (online) and the attenuation of social relations that this produces !
So information flows freely and extremely fast and a worse case scenario can be adopted by the masses quickly !
Ok that's my 2 cents worth.
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