Peak Prosperity, Released on 3/17/20
To Watch Update #49, CLICK HERE
The more we learn about the coronavirus, the more nefarious it becomes. Most public efforts to are focused on detecting those with symptoms, like a fever. But new research shows that the majority of covid-19 carriers (50%-75%) are asymptomatic. So you’re much more likely to get infected by someone who looks and feels fine. To date it looked like only the elderly and immunocompromised were at risk of serious complications. Well, that assumption is changing. European doctors are reporting a concerning number of younger, healthy people getting sick, too. Similarly, it was assumed that the virus didn’t thrive in heat and humidity. Hopes in the northern hemisphere have been pinned on the nearing arrival of Spring. Well, new data shows that this may be false hope. And as government response plans become clearer, the math shows that most of them will be too insufficient to “Flatten The Curve” much and prevent national health care systems from being overwhelmed. Combined, most of what we’re learning now reinforces the conclusion that many, many people will become infected; the virus will be with us a long time; and the economic legacy will be massive and painful.
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.