World stocks are all being priced to fail. Fear is a powerful emotive to fleece holders.
This event is being played at its destructive best, where it will end is dependent on some rationality appearing mixed with some factual information.
99% of deaths have been the elderly with a chronic condition. Normal influenza knocks off 400 to 600 thousand per year across the globe.
In Australia, influenza on average causes 3,500 deaths, about 18,000 hospitalisations and 300,000 GP consultations each year. Yet we are so accepting of this, yet so fearful of this virus?
People with a chronic disease have a 40 times increased risk of death from influenza.
WBC Price at posting:
$16.29 Sentiment: Hold Disclosure: Held
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