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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (32396)4/25/2003 10:36:28 AM
From: energyplay  Read Replies (2) of 74559
 
Why worry over Sars ? Death rate X rapid spread.

1) Death rate -
Flu death rate is about 0.5%, mostly very old people.

SARS is 4-12 % range - much deadlier.

Now, some Canadians looked at their numbers, and it appears to be <1% for people under 50, and > 25% for people over 65, but that's preliminary and from a small sample.

2) Rapid spread geographically

3) Occasional ability to spread to people on the same airplane, same floor of a hotel. May spread as rapidly as the common cold.

4) Ablity to infect health care workers, even some taking moderate level precautions such as face mask and googles.
This gives SARS the potential to collaspe the health care system.

5) Little in the way of cure, prevention, effective treatment.

So Death rate X rapid spread = Lots of dead & seriouly ill people fast.

Also what Jay said - I will add that panic is often the only way to get governments to do what they are paid to do.
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