by Michael Snyder
End of the American Dream
Over the past week, the number of confirmed cases of COVID-19 outside of China more than tripled once again. Hopefully it is extremely unlikely that such a rapid growth rate will continue, because if it does, there will be more than a million confirmed cases outside of China just a month from now. I don’t even want to imagine the level of fear that would cause, and needless to say that would be absolutely devastating for the entire global economy. Of course if we do get to a million confirmed cases, there won’t be any way to keep it from spreading everywhere on the entire globe, and the ultimate death toll could be unimaginable.
According to the WHO, the current death rate for this outbreak is 3.4 percent, and many experts believe that it will continue to go higher.