Just want to remind you what Fauci himself wrote in the NEJM of Feb 2020. Somehow this common sense analysis was overlooked when Osterholm, Neil Ferguson, the IMHE et al scared the living bejeebers out of people with claims of IFRs in the high single digits if not even low double digits.
"Chinese people were dying while walking down the street." "Stacks of bodies in the street of Ecuador"
I'll never forget. Never. Forgive? Sure if they own up to what they did. But they can't. They're in too deep.
Why Fauci gave in though, I'll never know. He was smarter than these other fools. Yet he capitulated.
"If one assumes that the number of asymptomatic or minimally symptomatic cases is several times as high as the number of reported cases, the case fatality rate may be considerably less than 1%. This suggests that the overall clinical consequences of Covid-19 may ultimately be more akin to those of a severe seasonal influenza (which has a case fatality rate of approximately 0.1%) or a pandemic influenza (similar to those in 1957 and 1968) rather than a disease similar to SARS or MERS, which have had case fatality rates of 9 to 10% and 36%, respectively.2
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
We're taking my son to his Introduction to Auburn event at Auburn University.
we'll see you next week though!
In the meantime, a white paper I'm reading.
"This study validates...that the implementation of (China's) Five Year Plan was followed by a significant production expansion in the encouraged sectors of China. This expansion crowds out production in the same sectors in the US, leading to significant drops in both employment and investments and a notable increase in plant closures."
But it's TRUMP that started the trade war, eh?
sorry folks gotta move all this mulch by this weekend.
WE're preparing for my son Cavan's high school graduation party. So, it's a BIT hectic here to make sure everything is in place...
If it was me, I'd grill burgers and sit on coolers full of water. But apparently I'm not in charge. Who knew?