March 19, 2020
Here's what Jim Rickards tells people who think it's just the flu
by Kitco News
Comparing the current outbreak to the flu is like comparing apples to oranges, said best-selling author Jim Rickards.
“I think last year, 20,000 people died of the flu, and so far in the United States, we have about 100 fatalities, and they say it’s not a big deal. But that completely misses the point,” Rickards said, pointing to the uncertainty around the disease’s contagion factor, how it spreads, and current lack of a viable vaccine.
He added that the common flu is also less fatal.
“It [COVID-19] is 40 times more lethal,” he said.
Rickards said that the death toll could rise dramatically from here.
“You cannot look at the snapshot, you have to look at the movie. With 4% fatality rate and no vaccine and no real limits other than social distance, you could be looking at a million dead,” he said.
http://www.kitco.com/news/2020-03-19/Here-s-what-Jim-Rickards-tells-people-who-think-it-s-just-the-flu.html
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