The death rate is influenced by a number of factors but it will be far less than 2% in Australia. The death toll will also be dependent on the amount of elderly people who contract the virus. Stats coming from South Korea are saying 10% of people 80 or older died, compared to 1.5% 60-69 and 0.37% in their 50's and 0% under 29.
Australia has an ageing population of 15% in comparison to Italy has an ageing population of 23%. Basically we need to stop focusing on the stopping the spread as much as we need to focus on keeping high risk elder and sick people isolated not just social distancing. The 60% infection rate will not matter as long at the 40% that aren't infected are majority elderly and sick. This will not be as dire as predicted and the markets and APT will recover fairly easily. The saddest thing is the amount of young lives that will be lost and ruined due to losing their jobs and livelihoods over the flu. All just my opinion.
APT Price at posting:
$9.90 Sentiment: Buy Disclosure: Held
