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Iran Faces Third National Tragedy Of 2020 As COVID-19 Cases Explode
Things have gone from bad to worse to outright crisis in Iran over the past 72 hours.
The country s
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Unfortunately, the quote I saw from Trump on helping Iran with COVID-19 said something like “all they have to do is ask.” Why do we have to wait for them to ask? To feed our ego? We should be offering help. We should be asking if we can help. Even if you don’t care about Iranians, there is no way that letting this virus spread unchecked through the country improves public health prospects for the Middle East, Europe or the rest of the world. And offering to help, and actually helping, might buy us a little bit of goodwill. Even if Trump is only interested in regime change, what could be better than offering help that is denied?
War is hell, my friend.
The chance of death appears to be sub 10%. So globally, about 600 million deaths is worst case scenario. All the isolation efforts should guarantee that we can drop that to under 50 million. And warming weather cuts that further. If one could guarantee under 10 million deaths this year before Summer, then the markets should be looking at credit defaults from slowing activity.