Governments Are Using the CoronaVirus to Distract from Their Own Failures

by Daniel Lacalle
Mises.org

The Johns Hopkins University Coronavirus Global Cases Monitor shows that the mortality rate of the epidemic is very low. At the writing of this article, there have been 92,818 cases, 3,195 deaths, and 48,201 recoveries. It is normal for the media to focus on the first two figures, but I think that it is important to remember the last one. The recovered figure is more than ten times the deceased one. This should not make the reader ignore the epidemic, but it is worth reading the scientific study that shows that the death rate in citizens under age 60 is less than 1.3 percent, 0.2 percent in the young population, and a maximum of 4 percent on average.

I have attended several debates in international media where scientists repeat these important factors to prevent panicked reactions from the population. History shows us that these epidemics have diminishing mortality rates and are contained relatively quickly.

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