We start with projections:<\/p>\n
40-70% of the U.S. population will get it. Soon we’ll be seeing 1,000 deaths a week. This is the biggest pandemic since the flu epidemic of 1918, which killed an estimated 50 million people — about one-fifth of the world’s population at that time caught it.<\/p>\n
If you get this one, there’s no cure.<\/p>\n
If you get really sick, you will need a hospital.<\/p>\n
You won’t find one. Hence, you’ll suffer (and maybe recover) at home.<\/p>\n
If you’re old and got health problems, you’ll die.<\/p>\n
Italian doctors are already deciding whom they’ll save and whom they won’t.<\/p>\n
American doctors will soon be making the same decisions, because we in America lack everything from hospital beds to ventilators (to keep you breathing).<\/p>\n
Hence your only personal strategy is extreme caution. Obsessive hand washing. No face touching. Crowd avoidance. Self-isolation, Declare a personal family emergency.<\/p>\n
Your future is in your hands. Your family’s future in your hands. You’d better be super aggressive.<\/p>\n
Today the stock market is on a tear. You need to sell stocks you own which are still overpriced.<\/p>\n
Next week stocks will decline.<\/p>\n
Everyone and their uncle is forecasting a recession in 2020. Economists project negative second and third quarters. I bet the fourth quarter will also be negative.<\/p>\n
We have a double economic whammy — the virus and oil-price War. Thank our great ally Saudi Arabia for the present oil war.<\/p>\n
Check out any city today: You’ll find few pedestrians, little shopping. Who wants a new coat this month when you might die next month?.<\/p>\n
You will find oodles of panic buying. Rice. Pasta. Beans. Water. Cleaning supplies And, of course, toilet paper. New disaster definition: No toilet paper. Did I tell you what we did for toilet paper in Indonesia in 1967. Fortunately we still had newspapers. Hard to wipe your tushy online!<\/p>\n
Don’t forget. Sell stock today. God (or whoever) has given us a nice (though temporary) uptick.<\/p>\n
I’m on my way out of New York for — at least — the next two weeks.\u00a0 Ironically, the New York subway has been cleaned, disinfected and shined. Friends tell me it’s never looked so clean, or so empty.<\/p>\n
See you Monday, or sooner.\u00a0— Harry Newton<\/p>\n","protected":false},"excerpt":{"rendered":"
We start with projections: 40-70% of the U.S. population will get it. Soon we’ll be seeing 1,000 deaths a week. This is the biggest pandemic since the flu epidemic of 1918, which killed an estimated 50 million people — about one-fifth of the world’s population at that time caught it. If you get this one, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-49895","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/49895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49895"}],"version-history":[{"count":6,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/49895\/revisions"}],"predecessor-version":[{"id":49901,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/49895\/revisions\/49901"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}