The FTSE MIB plummeted 2,324 points, or 11.2% to a 14-month low of 18,476 on Monday, extending drops for the 3rd session and posting the second-largest fall since the index began trading in 1998, as a big fall in oil prices added to concerns about the impact of the coronavirus in the country after the Italian government placed in quarantine several areas in central and northern provinces, including the financial capital Milan, virtually locking down near 16 million people. The measure aims to contend the spread of the disease, with more than 7,300 cases and 366 deaths. The government also announced an increase in public spending, to help offset the economic impact of the outreach.
Italy's largest drop in history
- Thread starter The Humble Bunch
- Start date
They'll bounce back before we will. The US has their head in the sand. We're going to be in the same boat unless we take some drastic measures.
The mortality rate here in the U.S. is 5%. This is because we are not taking the measures needed to quarantine patients.
US will never do lock downs, too worried about the $$$'s, this is going to get wayyyy wayyyy worse than it's at, 100 million infected, 5+ million dead US only, same over the rest of the world.
You need to do lock downs before it gets too bad aswell, not after, it's too late by then.
That is very improbable. At the speed very promising drugs are being tested, we should have a viable treatment within a few months, at most.US will never do lock downs, too worried about the $$$'s, this is going to get wayyyy wayyyy worse than it's at, 100 million infected, 5+ million dead US only, same over the rest of the world.
You need to do lock downs before it gets too bad aswell, not after, it's too late by then.
That is not going to stop the virus spreading though.
You have never used toilet paper so nothing for you to worry about.
Quarantine will have little effect on the mortality rate , I think you mean infection rate ?