from Peak Prosperity
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The more we learn about the coronavirus, the more nefarious it becomes.
Most public efforts to are focused on detecting those with symptoms, like a fever. But new research shows that the majority of covid-19 carriers (50%-75%) are asymptomatic. So you’re much more likely to get infected by someone who looks and feels fine.
To date it looked like only the elderly and immunocompromised were at risk of serious complications. Well, that assumption is changing. European doctors are reporting a concerning number of younger, healthy people getting sick, too.
Similarly, it was assumed that the virus didn’t thrive in heat and humidity. Hopes in the northern hemisphere have been pinned on the nearing arrival of Spring. Well, new data shows that this may be false hope.
And as government response plans become clearer, the math shows that most of them will be too insufficient to “Flatten The Curve” much and prevent national health care systems from being overwhelmed.
Combined, most of what we’re learning now reinforces the conclusion that many, many people will become infected; the virus will be with us a long time; and the economic legacy will be massive and painful.
If you haven’t read them yet, the coronavirus preparation megathreads available for free on PeakProsperity.com are a great resource for those preparing for or already in lockdown:
And here are the hyperlinks mentioned in today’s update:
50% asymptomatic in Italy
Airlines 96% of free cash flow
Imperial College Case Study
Terrifying lung images
Boeing -Zerohedge article