I’m afraid this really isn’t looking good. We’re getting clusters and outbreaks all over the planet now. It looks like the attempts to contain it have failed. I pray I’m wrong.

If this becomes a global pandemic the number of deaths will be huge and the impact to global GDP will be staggering . To avoid a simultaneous global economic collapse, there would need to be unprecedented financial intervention by governments and world banks.

1-2% mortality rate is what we’ve been told (based on the experience in China). But just how trustworthy are the Chinese statistics ?

As of now there are approximately 50,000 cases, with over 9000 classified as serious or critical (data from worldometers.info)

Towns and cities across Europe are now seeing measures being put in place, as well as the Far East, the Middle East and I’m sure everywhere else soon. As a precaution I’d recommend having enough provisions to see you through an extended period when it’s not easy to get hold of the things that you take for granted in daily life. I really hope it’s not necessary.