Need Discipline per Capita, Not GDP per Capita, to Fight the Coronavirus
Getting prepared for the new normal
In this article, I cover 10 key points in better understanding how the global reality of the Covid-19 outbreak affects all of us and our families and how we should prepare ourselves for times ahead. Several of my family members were scrambling to decipher the enormous flow of real-time information on the outbreak so I decided to consolidate below what I have gathered and understood thus far.
1. Coronavirus is nothing new: It is actually a group of 7 human coronaviruses, the earliest of which were identified in the mid-1960s, 4 of which are mild with common-flu like symptoms and 3 are dangerous including Middle East Respiratory Syndrome (MERS) in 2002/2003, Severe Acute Respiratory Syndrome (SARS) in 2012 and the latest Covid-19 discovered in December 2019. Covid-19 is an abbreviation and Co- stands for corona, vi- for virus and d- for disease and 19 since it was found in 2019. Its other names are 2109 novel coronavirus and 2019-nCoV.
For more insights check out the fantastic infographic by Visual Capitalist below:
2. Covid-19 is more dangerous than other coronaviruses: MERS and SARS had a death rate (also known as Case Fatality Rate) of around 34% and 10%, respectively as compared to around 0.5% to 2.5% for Covid-19 and 0.1% for the common flu. Since Covid-19 is less deadly than MERS and SARS, the disease does not burn out quickly, which means it allows the infected person to live long enough and remain unaware enough to keep spreading the infection. It may take up to 14 days for Covid-19’s symptoms to surface, thereby increasing the viral risk through various social interactions during that period. To recover or die from this disease it takes another 14 days.
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