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  1. #1
    Senior Contributor surfgun's Avatar
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    Regular Wonderful Plans's Avatar
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    You won't know until you know.
    Hit the grape lethally.

  3. #3
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    It's looking more like a global recession. Markets have plummeted, yield curve inverted, and the panic around the virus all add to a black swan event that is causing cracks in the traditional markets.

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    Recession or correction. Big differrence.
    “Loyalty to country ALWAYS. Loyalty to government, when it deserves it.”
    Mark Twain

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    The virus actually significantly increases domestic demand at the moment, something Germany has always been lacking...

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    Currently, from reported infections of COVID-2019:

    6/7 (86%) of those infected have comparatively mild infections that remain largely in the head, not significantly infecting the lungs.

    1/7 (14%) of those infected have infections in the lungs where things get very much more serious with possibility of potentially lethal secondary infections including pneumonia and sepsis.

    If 70% of the population become infected, then 10% of the population may suffer COVID-2019 lung infection. With population of 58 million, that is 5.8 million with COVID-2019 lung infection.

    Quote Originally Posted by BBC_News
    Coronavirus: Up to 70% of Germany could become infected - Merkel

    Wednesday, 11 March 2020

    German Chancellor Angela Merkel has warned that up to 70% of the country's population - some 58 million people - could contract the coronavirus.

    Mrs Merkel made the stark prediction at a news conference on Wednesday alongside Health Minister Jens Spahn.

    She said since there was no known cure, the focus would fall on slowing the spread of the virus. "It's about winning time," she explained.

    Her remarks came as Italy entered its second day of a national lockdown.

    Italian Prime Minister Giuseppe Conte announced the closure of schools, gyms, museums, nightclubs and other venues across the country, which on Wednesday passed 10,000 confirmed infections.

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