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I don't want to downplay the Corona virus, but if your numbers...

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16/03/20

20:17

Post #: 43525186
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Originally posted by fangulator ↑

Let's get one thing straight we don't have a pandemic.
In 2018-2019 42.9 m people in the US alone were infected by influenza during the 2018-2019 season,of which 647,000 were hospitalized and 61,200 died.To date Covid-19 infections globally are less than 1% of this number.

China and South Korea peaked at 5,000 per day within a month this number has fallen to under 100.

When the dust settles investors will wake to reality that the RBA has an official rate of 0.25% which means that deposit rates will be 1.25% which means that after inflation and tax,investors will receive a return of negative 1% this will lead investors back into equities it' inevitable.

This market has been sold down by forced selling from equity fund redemptions and margin calls note 9/3/20 was the highest on record for margin calls.

Just remember a faint heart never won a fair lady.

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I don't want to downplay the Corona virus, but if your numbers about the flu are correct than the panic over this virus is rather staggering and difficult to comprehend.

The panic, distress, anxiety, economic, mental consequences as a result of this will stay for years to come.

The link below from John Hopkins University gives the current tally of Corona (170.000 infected worldwide, 77000 recovered, 6500 deaths)

https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6
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0 Great analysis

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