Statistics and Fish
This morning, numbers came out from Italy and China. Surprisingly, they were very similar. Mortality rates are low until the 60's at which point they climb precipitously, upwards of 20%+. However, a bit of caution must be maintained when we look at these numbers. First, Italy was barely hanging on economically and was expected to be one of the falling dominoes of the EU. Their health care, socialized, of course, was pretty much being held together with bubblegum and hope. China, manufacturer to the world, has never realized population-wide health care which came anywhere near to Western standards. China is a closed country and while we can only guess how they have treated their corona virus patients, we know life is cheap within those borders and we have no reason to believe that an overstressed system was when those standards would change. Multiple reports have come out of Italy that the dramatic lack of ventilators meant anyone over 60 was literally...