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In my eyes it's not fear about the virus itself, it's fear about the fear of the virus: people worry about supply disruptions, access to healthcare (and with 12% of people who get it needing intensive care, the NHS would very quickly be overwhelmed). Chance are that if you are under 50 you will be alright, over 70 or 80 then mortality rates look around 15%. (On newsnight last night a guest was talking about UK govt plans, and said places were being identified for mass graves - he said that is all part of the normal planning and happened in 2009 as well, but it was a sobering comment). And with govt planning all over the world pretty woeful, and with severe weak links (Iran and likely parts of Africa) then it might be with us for a while - just as one area gets it under control, it gets exported from another. On a personal level, wash your hands for 30-40 secs several times a day, and avoid touching your face. That alone will slow the spread considerably. But there are opportunities too: shorting airlines and cruise companies, buying in medical providers, etc. Crisis is always opportunity.
On the other hand, the world's population does need thinning out a bit........ nature is desperately trying to save the planet perhaps!
This is not likely to happen but 1-2% of people die who get it. More without medical help. If people didn’t self quarantine and the hospitals were over run it could happen in a worst case. China has shown that if you take definitive action and shut down villages, towns and cities you can limit the spread.
Half a million deaths in the UK?
13000 died of normal flu in the UK .... the plans the government are drawing up predict 500,000 if this new flu gets out in the general population and goes wild. In practice we would limit this by shutting everything down like in China.
It's always possible. That's why its a fuss. nobody knows and granted it seems like a flu type illness, but flu is often underestimated as a "bad cold" . I sound like a hypochondriac! I think the biggest issue is a vaccine won't be available for a number of months yet. One of the reasons to fully understand the virus.
Could the virus mutate?
Tests so far suggest that the coronavirus is relatively stable but as it is passed from human to human the virus will become more adapted as a human disease. This is not necessarily a bad thing, though. “In Darwinian terms, the virus wants to survive,” said Smith. “And to do that it’s generally not a sensible idea for a virus to kill people. The most successful viruses infect a lot of people and cause relatively little pathology.”
It’s worth noting that coronaviruses do not undergo the same type of genome shuffling that leads to the constantly shifting variety of flu strains in circulation. It is this genetic drift that means new flu vaccines have to be created each year and that means getting the flu once does not mean you’ll be immune next time it comes around. The coronavirus is not expected to mutate this rapidly and so once a vaccine is here, it should continue to work far into the future.
No vaccine for corona yet, if it became pandemic would kill many more than flu. That is why the fuss
It would seem to be a bit crazy at the moment, and yes fly accounts for a lot of deaths but there is s very big difference. This is a new virus & as yet it's not fully understood, both in terms of it capability & how to contain it. If it mutated, the world could be in serious trouble. So better bit a little bit crazy now for a few weeks... no?
Correct island, all shares are taking a hammering because of this virus,
I am sticking with my principles and looking at the bigger picture.
The whole corona thing is being blown out of proportion.13000 people died in the UK in 2008/9 from flu, did we cancel sporting events, put hotels in lockdown etc then...the whole worlds gone crazy!
https://exepose.com/2020/02/13/a-case-of-modern-mass-hysteria-the-coronavirus/
Up and down like a yoyo in aussie land today, maybe they have started to strangle the corona. Up the 88e
Haha yep the old corona hammering all markets thats for sure.
But that big rig out in alaska isnt there for building snowmen. :-)
Well the whole world know something you dont, it's called coronavirus......like really look at the majority of shares
Oh Dear, Does the market know summit we don't
Getting battered again in aus, gives us a break jesus