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Hitchesn is occasionally interesting. Mostly not though.
Look at the dates the testing facilities were rolled into Leicester in the UK (currently under reimposed lockdown), a piece today in the Mail by Peter Hitchens, how can they possibly claim anything other than increased testing. In June 7 of the 8 testing sites were opened and they count the same person multiple times in their numbers.
It's maddening how long we have had to suffer such blatant false information from the government, too scared to admit the truth that the virus came and went without their efforts making any difference to it, gradually getting weaker as you would expect and the media driving their agenda, fear = clicks, and point scoring off the government, either ramping up or down depending on the side.
Viruses are spread by infected people, it produces symptoms to help the spread. If the host dies quickly it doesn't spread far, if the host is bed ridden, same result. This strain dies out. Mild cold like symptoms, spreads far and wide and the lesser the symptoms the more that strain spreads until it's ultimately so weak and so widely spread that it's nothing. This happens everytime, wash your hands, maintain some sensible distances and get on with your lives people!
Interesting investment lesson however, it doesn't matter if you are right when you invest, it matter what the heard thinks is right, or the policy makers who are led by said heard I guess.
This is interesting regards coronavirus cases in the US :
Trump has repeatedly said the reason the number of cases has gone up is because they're testing far more people than any other country in the world, 40m have been tested so far. Naturally, the biased left wing media balk at this - but what's interesting is if you Google "coronavirus cases usa" you'll see a graph with a sharp upward trajectory. But if you now Google "coronavirus deaths usa" you'll see a graph with a sharp DOWNWARD trajectory. The obvious conclusion one can draw from this is that the increase in testing confirms a lot of people have had the virus and consequently have tested positive - but that the vast majority of these are not life threatening, indeed they are most likely people with mild or barely noticeable symptoms. What's important is despite 40m tests having been done, the death rate has been falling sharply for quite some time. What all this suggests also is that if other countries such as the UK, were to have tested to the same degree as the US, then we too would most likely have seen a similar rise in cases and fall in deaths. It appears the biased left wing media has spun this to look like coronavirus is out of control in the US - when infact that's not the case at all - the falling death rate PROOVES the rise in cases is due entirely to the rise in testing, which is what the president has been saying all along. The biased left wing media have a lot to answer for spreading fake news, lies and distorting the truth - anything to smear Trump and ruin his chances of reelection. And of course the markets react when it's all over the media that coronavirus is spiralling out of control in the US, even though it appears now that its blatant fake news and spin.