#econtwitter, #epitwitter, #coronavirus
We currently have two main statistics available to us: 1) # of known cases (24,378 in the US as I write this) & 2) # of deaths (340 in the US currently).
Subject these caveats, we may gain useful information by looking at the deaths as a percentage of the number of confirmed cases (hereafter PERCENT)
A likely conclusion is that countries with the high PERCENT’s (e.g. Italy, Spain, Iran) probably actually have many more cases
& 2) the health care system, in many place, appears to be at the point of overload (i.e. shortages of masks, hospital gowns, ventilators), again possibly presaging a rapid increase in the coming weeks.
It is also instructive to look at the PERCENTS across states.
More alarming, some of the highest PERCENTS are in places getting less attention. Here are some examples. LA: 2.6%; GA: 3.6%; OR: 2.9%; IN: 3.2%; MO: 3.3% ; KY: 3.6%.