Experts Warn Of A Complete And Utter Economic Meltdown As The Global Coronavirus Death Toll Explodes
Everyone that tried to tell us that this pandemic would fade away quickly has been proven dead wrong. Right now, approximately 187 million Americans are under “shelter-in-place” orders as COVID-19 sweeps across the nation like wildfire. There are now more than 43,000 confirmed cases in the U.S., but by the time many of you read this article that number is likely to be far higher. But what is even more concerning is what we are seeing with the cases that have come to a final resolution one way or the other. Of all U.S. cases that have been officially resolved, 553 patients have died and only 295 patients have recovered. Over time, the number of patients that have officially recovered will eventually surpass the number that have died for a couple of reasons. For one, some victims are dying in just a few days while it can take weeks for some patients to fully recover. Secondly, more widespread testing will start to reveal more mild cases, and most of those mild cases will ultimately recover. But without a doubt it is starting to appear that the U.S. will have a very high death rate like we are seeing in Italy, Spain and other western European nations. Monday was the very first time that more than 100 Americans died in a single day, and it looks like the days ahead could be much, much worse.
Overall, the global death toll is rising at a pace that is very alarming. It hit 16,000 on Monday, and that means it only took six days to double from 8,000.
If the death toll keeps doubling like that, we are going to be in very big trouble.
The number of confirmed cases is rising at an exponential rate as well, and on Monday the head of the WHO warned that this pandemic “is accelerating”…
The coronavirus “pandemic is accelerating,” World Health Organization (WHO) Director-General Dr. Tedros Adhanom Ghebreyesus warned Monday.
Almost every country in the world has reported cases, he announced in a Geneva press conference.
“It took 67 days from the first reported case to reach the first 100,000 cases. Eleven days for the second 100,000 and just four days for the third 100,000,” he said.
As I write this article, there are 260,133 open cases around the world and 118,947 closed cases.
To put that into perspective, the Spanish Flu pandemic that stretched from 1918 to 1920 had a death rate of less than 3 percent.
But even after everything that has transpired, there are still lots of Americans that are not taking this pandemic seriously. I don’t understand this, because all of our medical authorities are warning us that the worst is yet to come. In fact, Surgeon General Jerome Adams just told us that “it’s going to get bad” …
Surgeon General Jerome Adams warned Monday that the coronavirus outbreak will worsen this week and said people across the country are not taking the threat seriously enough.
“I want America to understand this week, it’s going to get bad,” Adams said in an interview on the “TODAY” show.
And as I have been warning for weeks, this pandemic is going to plunge the United States and the entire globe into a horrifying economic nightmare.
At this point, even CNN is using “the d-word”….
A global recession, once unthinkable in 2020, is now a foregone conclusion and some experts warn that the pandemic could drag the world’s economy into a depression. More bad news: The coronavirus outbreak may just be getting started.
Central banks and governments are now unleashing a tsunami of interest rate cuts, loan guarantees and new spending, tapping emergency powers to reassure investors, cushion the shock to companies and workers and preserve the foundations of a functioning economy for the future.
A month ago, most Americans wouldn’t have imagined that such a thing could be possible.