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Nafeez Ahmed – This is how America and Britain are maximising coronavirus deaths

Summary:
Some people in Boris Johnson’s government think it will be too expensive and disruptive to contain the virus, so best to let it do its worse and get it over and done with, they say, except millions could die instead of thousands.If you search on the web for the term ‘coronavirus bloodbath’, you’ll notice that the headlines are not about the mass deaths of vulnerable people that are inevitable on the sort of bungling business-as-usual trajectory adopted by the likes of President Donald Trump and Prime Minister Boris Johnson.  The headlines are about stocks. Shares. Wall Street. The economy. Oil. Growth. Business. Banks. Finance. Under this absolute worst-case scenario we’d see a minimum of 458,752 deaths, and a maximum of 1,559,757 deaths. This is because, without comprehensive social

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Some people in Boris Johnson’s government think it will be too expensive and disruptive to contain the virus, so best to let it do its worse and get it over and done with, they say, except millions could die instead of thousands.

If you search on the web for the term ‘coronavirus bloodbath’, you’ll notice that the headlines are not about the mass deaths of vulnerable people that are inevitable on the sort of bungling business-as-usual trajectory adopted by the likes of President Donald Trump and Prime Minister Boris Johnson. 

The headlines are about stocks. Shares. Wall Street. The economy. Oil. Growth. Business. Banks. Finance.

Under this absolute worst-case scenario we’d see a minimum of 458,752 deaths, and a maximum of 1,559,757 deaths. This is because, without comprehensive social distancing measures to slow the spread, the rising number of cases would rapidly overwhelm healthcare facilities as is happening in Italy.

Nafeez Ahmed - This is how America and Britain are maximising coronavirus deaths

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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