Death Rates Compared

The flu pandemic in 1918/1919 (it came back a second year) infected about 1/3 of the entire world, i.e., it was highly infectious with a huge number of people infected. But it wasn’t a death sentence as the death rate was only 2.5%. Yet millions died because so many were infected. The death rate for the current pandemic is a little over 2%, much greater than the standard flu death rate of just .1%, but, so far, it has infected far fewer people than the 1918/19 pandemic.

A nasty aspect of the Spanish Flu is that it could kill very quickly.  Often those people who were infected died that same day or shortly afterward.  A respiratory killer — you suffocated from lack of oxygen.

Spanish Flu

Employment

All the employment gains since 2008 have been erased totally,  in just a month and a half.  Yet the market keeps going higher.  Won’t last.  Hard times are coming.  There’s a wrecking ball going through state and local government budgets.  The virus was just the pin that popped the bubble — the bubble was there all along, fed by easy money from the Federal Reserve.  An unproductive, debt-ridden economy with market prices inflated to the hilt.  When this thing collapses, it is going to be epic.

Bale Out Nation

Side Dish

Sliced Bella Mushrooms and diced yellow onion cooked in a healthy dose of Cabernet Sauvignon.   Add sliced Red Bell Pepper and a touch more wine.  Put the lid on and let it cook for bit.  Take lid off and stir now and then.  Cook until all the wine has evaporated, careful not to let anything stick to the bottom of the pan.

Amor Fati