Fighting The Coronavirus: Good Learnings From Germany

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As we reported yesterday, with the world sharing its data, we are starting to get a better handle on understanding the coronavirus. This real-time exchange of data and insights going on across the globe right now is invaluable to global efforts to fight the spread of covid-19 more effectively. Germany has recently contributed two important pieces to the puzzle. First, it has been conducting *many* more tests per capita than other countries (500,000/week). Due to this, they have a better picture of the true # of infected people. Their recent data suggests that the real Case Fatality Rate (CFR) for covid-19 is closer to 0.4% - substantially lower than the rates calculated for most other countries, who don't test as aggressively. A 0.4% CFR is still concerning, but is substantially better than the previous 2-3% estimates from just a few weeks back. Second, because it tests so many people, Germany is swiftly building a database of people who recover and therefore have anti-bodies against the virus. It plans to fast-track these folks' return to work, so that they can get the economy recovering faster without fear of infecting others. In this way, valuable insights lead to more effective policies - just like the Czech Republic has done with the #Masks4All movement. As we get smarter, we get stronger. This, folks, is how we'll beat covid-19.

Germany tests 500,000 cases/week https://www.euronews.com/2020/03/27/g...

Hydroxychloroquine treatment success https://techstartups.com/2020/03/28/d...

Italy Unrest https://news.sky.com/story/coronaviru...

NYC Field Hospital Tents https://www.nbcnewyork.com/news/local...

Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar which later became a book called The Crash Course. Chris' latest book (co-authored with Adam Taggart) is called Prosper!: How to Prepare for the Future and Create a World Worth Inheriting.