by Karl Denninger
Market-Ticker.org
There have been 6,820 deaths allegedly from (really “with”) Coronavirus in Italy.
Italy isn’t lying, right — we can trust those numbers (unlike Iran.)
This is the poster child for America, and specifically NY and CA. It is informing our response. It is a horrible, frightening scenario and one we must avoid, therefore we are locking down cities, claiming “major disaster” status and all sorts of other things.
Ok.
Fact: 633,000 people died in Italy in 2018.
So Coronavirus, in the worst-hit Western nation in the world, has managed to kill about 1% as many people as die on an ordinary basis in Italy — and that assumes that Coronavirus actually caused all those deaths (hint: it didn’t.)