Saturday, March 28, 2020

The U.K. No Longer Considers COVID-19 A High Consequence Infectious Disease

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.