Wednesday, March 18, 2020 10:18:41 AM
check the website
check back in a week
4% is the run rate
cut that in half and its 2%"
Italy may not be good example with lots aged people. There was a news story that Italy hired lot of Chinese workers to work in its leather goods factories.
May be a better example would be an average for all developed countries similar to USA.
Take a example of neighboring India which has similarly very large population as China and may be similar living conditions but totally different weather and food habits, the statistics are far better than USA.
We should be using optimistic model for USA than China. There is no need to work on the basis of worst case model in case of USA.
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