A little off-topic maybe, but it does have economic implications, and I thought it worth a mention whilst we’re waiting for PM’s to make their next major move.

I know that every death caused by any illness is sad for those involved, but I think a little context might be useful here.

There are all sorts of apocalyptic headlines, and warnings about how bad this is, with very tight restrictions being put in place, particularly in China (with the likely effects that may have on Chinese output, GDP, etc). Coronavirus is a group of viruses which includes the common cold. A current article on Zerohedge states the following…

131 deaths. So how many die each year from ordinary flu ? Around about half a million…

The elderly and those with pre-existing conditions account for the vast majority of the mortality rate in both cases.