Quick Recovery From Coronavirus Pandemic
Michael Levitt, a Nobel laureate and Stanford biophysicist, began analyzing the number of COVID-19 cases worldwide in January and correctly calculated that China would get through the worst of its coronavirus outbreak long before many health experts had predicted.
Now he foresees a similar outcome in the United States and the rest of the world.
While many epidemiologists are warning of months, or even years, of massive social disruption and millions of deaths, Levitt says the data simply don’t support such a dire scenario — especially in areas where reasonable social distancing measures are in place.
“What we need is to control the panic,” he said. In the grand scheme, “we’re going to be fine.”
Here’s what Levitt noticed in China: On Jan. 31, the country had 46 new deaths due to the novel coronavirus, compared with 42 new deaths the day before.
Although the number of daily deaths had increased, the rate of that increase had begun to ease off. Essentially, although the car was still speeding up, it was not accelerating as rapidly as before.
“This suggests that the rate of increase in the number of the deaths will slow down even more over the next week,” Levitt wrote in a report he sent to friends Feb. 1 that was widely shared on Chinese social media. And soon, he predicted, the number of deaths would be decreasing every day.
Three weeks later, Levitt told the China Daily News that the virus’ rate of growth had peaked. He predicted that the total number of confirmed COVID-19 cases in China would end up around 80,000, with about 3,250 deaths.
This forecast turned out to be remarkably accurate: As of March 16, China had counted a total of 80,298 cases and 3,245 deaths — in a nation of nearly 1.4 billion people where roughly 10 million die every year. The number of newly diagnosed patients has dropped to around 25 a day, with no cases of community spread reported since Wednesday. https://yhoo.it/3dsFrXO
Never let a good crisis go to waste, that is the big player’s motto, and they are busy backing the truck up and buying shares at rock bottom prices. Remember they can’t back the truck up like you and I because they have huge amounts of cash to deploy, so they need to do it in stages. When they are done, the markets will mount a recovery of the likes most people have not seen in their lifetimes. As this Nobel Laureate reveals, the whole pandemic card is being overplayed, and none of the data supports the gloomy outcomes that are being projected. Infected and dead are not the same thing; otherwise, there would be a global pandemic every year around the flu season.
Other Articles Of Interest
Insider Buying And The Coronavirus Pandemic (April 24)
Market Correction 2020; Long Term Trend Still Intact (April 15)
Stock Trends & The Corona Virus Factor (March 14)
Misdirection And Upcoming Trends For 2020 And Beyond (March 13)
Trading The Markets & Investor Sentiment (March 3)
Brain Control: Absolute Control Via Pleasure (Jan 20)
Indoctrination: The Good, The Bad and the Ugly (Jan 15)
Dow Transports Validating Higher Stock Market Prices (Dec 30)
Global Trading Volume is Declining & It’s A Non Event (Dec 20)
