So one can ask… was it worth it to destroy the economy? Did we over-react? Will a second wave occur? We don’t know,

So far, the reaction of the Canadian government has been great. But maybe things aren’t as bad as we thought they would?

I mean look at the data from Italy, Germany, Austria and Switzerland that has been out for already two weeks! It proves over and over again that the death rate is much closer to 1% than 2% (let’s not forget that the age-median is around 80 years old). Italy’s death had a 96.5% co-morbidity rate, but you’ll never hear that on CNN and CBC. I went over and over in the Trojan 2.0 article about how we over-reacted big time at this crisis. I mean, this is okay and probably better than the other way around for sure but now that we are obviously not dealing with the plague, maybe it is we can re-open the economy?

It will be interesting to see how the countries re-open. Sweden decided to make an experiment with its population and… they won. Big time. Here in the Americas, we are entering a sort of weird twilight zone where the medias are trying to make us believe that the virus is the end of the world… we avoided the worst it seems: hospitals are empty (In Quebec, there’s still 6000 beds available out of 7000 made available for the pandemic, as of today)… yet studies show constantly that the true death rate is between 0.1% and 1.6%… It will be hard for us to stay put for another month, with the pile of new data showing up everyday.

Which is good. Maybe it isn’t the end of the world after all. Maybe it isn’t the plague.

Cheers,

JP

UPDATE: Check this out! Fresh update from here. “According to data from the best-studied countries such as South Korea, Iceland, Germany and Denmark, the overall lethality of Covid19 is between 0.1% and 0.4% and thus up to twenty times lower than initially assumed by the WHO.”

Further reading:

https://www.theguardian.com/world/commentisfree/2020/apr/21/sweden-covid-19-policy-trust-citizens-state

https://www.bloomberg.com/news/articles/2020-04-19/sweden-says-controversial-covid-19-strategy-is-proving-effective