QUESTION: Mr. Armstrong; Why is there such an exaggerated response to this Coronavirus when the death toll is far less than the flu each year? Both the Swine and the Bird flu are far more dangerous. Do you have any take on why the conspiracy contingency just loves such doom & gloom?
HC
ANSWER: I do not know. The latest death toll in China has reached at least 490 people who have died out of 24,324 confirmed to be infected (about 2%). The 1918 flu pandemic, which lasted nearly two years, killed more than 500,000 Americans, historians estimate. The CDC estimates this year, 19,000,000 – 26,000,000 have been infected with the flu.
Source: Why Exaggerated Nonsense on Flu? | Armstrong Economics