I'm not trying to downplay the seriousness of COVID 19 nor am I arguing against the measures being taken to slow down its transmission. But what is interesting is that we don't know how many undiagnosed cases there already are of COVID 19. Because of a lack of testing, all that we're really seeing are the serious cases.
If you look at the nmbers for serious flu cases this year, 280,000, vs. the number of deaths, 16,000, that's almost 6 deaths per 100 hospitalized which is far higher than the current suspected COVID 19 death rate. Furthermore, while COVID 19 so far seems to mostly kill the elderly and those with preexisting conditions, the flu kills people from all age groups, including many young, healthy children and adults.
Some of the news media have commented on the difference between COVID 19 in South Korea, where the death rate is relatively low, and COVID 19 in Italy, where the death rate is quite high. The biggest difference between the two seems to be that South Korea has aggressively tested people for COVID 19. It's been pointed out by the news media that this aggressive testing has made it possible for South Korea to identify those who have the disease and isolate them, thus better controlling transmission of the disease. What hasn't been mentioned is that it has also given South Korea a more accurate picture of the true death rate, including both serious and mild cases, which in South Korea seems to be much closer to the death rate for influenza.
Regardless, influenza and COVID 19 are both serious infectious diseases, the measures being implemented to fight COVID 19 are effective against both diseases, and the health care systems in most countries seem to be ill prepared to handle a large influx of new patients with either disease, so I hope everyone will follow the suggested guidelines and stay healthy. And I hope everyone's financial health isn't too badly impacted by this situation.
Thanks for giving me a forum where I can share my thoughts.