armstrongeconomics | One of the people who has assisted in this panic over the coronavirus has been Neil Ferguson, who led the @imperialcollege
authors who warned of 500,000 deaths and 2.2 million people would be
infected from the coronavirus. Now, low and behold, Ferguson has himself
tested positive for the virus and has suddenly announced a change of
view. Ferguson has been a major contributing factor in causing the world
economy to collapse. He has advocated locking down the economy which has been behind the movement around the world.
I find this very curious that he would
advocate shutting down the economy when he knows the economic damage
this would have. The number of people whose jobs will be lost, and small
businesses destroyed around the world is incalculable. Ferguson
now says both that the U.K. should have enough ICU beds and that the
coronavirus will probably kill under 20,000 people in the U.K. and
interestingly he now admits that more than half of whom would have died
by the end of the year in any case because they were so old and sick.
Ferguson now predicts that the epidemic in the U.K. will peak and
subside within “two to three weeks” after advocating 18+ months of
quarantine would be necessary.
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