Scaremongering Now Admitted

by Karl Denninger
Market-Ticker.org

I told you they were lying.

Now they’ve admitted it.

Ferguson’s model projected 2.2 million dead people in the United States and 500,000 in the U.K. from COVID-19 if no action were taken to slow the virus and blunt its curve.

However, after just one day of ordered lockdowns in the U.K., Ferguson is presenting drastically downgraded estimates, revealing that far more people likely have the virus than his team figured. Now, the epidemiologist predicts, hospitals will be just fine taking on COVID-19 patients and estimates 20,000 or far fewer people will die from the virus itself or from its agitation of other ailments, as reported by New Scientist Wednesday.

What did I say since we had that closed-system model with the Diamond Princess?

Oh, and Reuters has this:

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