4 ms·
COVID-19 is not going to collapse anything, although it may disrupt the economy. The CFR is currently estimated at 2-3% of KNOWN cases with an enormous number
by neuronic 7y ago
COVID-19 is not going to collapse anything, although it may disrupt the economy.
The CFR is currently estimated at 2-3% of KNOWN cases with an enormous number of unreported cases due to often mild symptoms. While it has and will spread very wide, the vast majority of people will not even experience significant complications.
We ARE experiencing a pandemic with significant impact on global economy but it's not a collapse scenario.