American Consequences - March 2020

D r. Brian Monahan, attending last week that 70 million to 150 million Americans – a third of the nation – could contract the coronavirus. Dr. Anthony Fauci testified that the mortality rate for COVID-19 will likely run near 1%. Translation: Between 750,000 and 1.1 million Americans may die of this disease before it runs its course. The latter figure is equal to all the U.S. dead in World War II and on both sides in the Civil War. Chancellor Angela Merkel warns that 70% of Germany’s population – 58 million people – could contract the coronavirus. If she is right, and Fauci’s mortality rate holds for her country, that could mean more than half a million dead Germans. Czech Prime Minister Andrej Babis called Merkel’s remark “unhelpful” and said it could cause panic. But Harvard epidemiologist Marc Lipsitch seemed to support Merkel, saying between 40% and 70% of the world’s population could become infected. Again, if Fauci’s 1% mortality rate and Lipsitch’s estimate prove on target, between 3 billion and 5 billion people on earth will be infected, and 30 million to 50 million will die, a death toll greater than that of the Spanish Flu of 1918. There is, however, some contradictory news. China, with 81,000 cases, has noted a deceleration in new cases and South Korea physician of Congress, told a closed- door meeting of Senate staffers

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appears to be gradually containing the spread of the virus. Yet Italy, with its large elderly population, may be a harbinger of what is to come in the West. As I write, Italy had a mortality rate of nearly 7%. This suggests that the unreported and undetected infections in shutdown Italy are far more numerous. In the U.S., the death toll at the time of this writing is a tiny fraction of the annual toll of tens of thousands who die of the flu.

It may one day be said that the coronavirus delivered the deathblow to the NewWorld Order, to a half-century of globalization, and to the era of interdependence of the world’s great nations.

But the problem is this: COVID-19 has not nearly run its course in the USA, while the reaction in society and the economy approaches what we might expect from a boiling national disaster. The stock market has plunged further and faster than it did in the Great Crash of 1929. Trillions of dollars in wealth have vanished. If Sen. Bernie Sanders does not like “millionaires and billionaires,” he should be pleased. There are far fewer of them today than there were when he won the New Hampshire primary. What does the future hold?

American Consequences

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