Fresh from Reuters, it’s now 830 cases and 25 deaths in China.
Accelerating transmission and the mortality rate has jumped to 3%.
Alas, it’s on like Donkey Kong.
Markets up.
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
Latest posts by David Llewellyn-Smith (see all)
- Bidencare to lift US worker living standards - January 19, 2021
- The fight for the virus narrative - January 19, 2021
- Gruen: Don’t rely on house prices for growth - January 19, 2021
YOU MAY ALSO BE INTERESTED IN
The death of coal comes to Asia
Via the AFR: Policy changes flagged by
2020 was Australia's fourth hottest year on record
The BOM has released its Annual Climate Statement
WoodMac: LNG doomed!
Via Oilprice: ...if governments decide to double
Chinese house prices slip-slide away
This is potentially a very big story for 2021.
8 cities in lockdown.
Australia still accepting chinese visitors into our general population?
of course – real estate, house prices, lol
lol – funny cvnt you are.
Stop the planes. Far bigger risk than those boats we stop…
You don’t get it. You don’t get risk management.
If we get the virus here and 1,000 people die, that’s going to be unfortunate. But most people will be fine. And it will take just 3 or 4 plane loads of vibrants to replace the dead people.
If we stop the planes and the one pillar supporting our whole way of life (house prices) collapses, that will be a disaster of unspeakable proportions. There would be no fixing it. No going back.
Mind you this virus seems to be most fatal in the elderly …so maybe it’ll rip our Boomer landlords a new one and result in lots of housing stock (in desirable areas) hitting the market simultaneously.
Elderly. And chinamen. Apparently everyone who had died has been oriental. So maybe there is very little to be afraid of!
yep – the last plane out of Wuhan landed in Sydney yesterday. 300 passengers and crew spreading the virus right now.
Why it wasn’t just sent back or people quarantined I dunno.
Australia is a strange place, try and bring one apple in from New Zealand and you’re looking at jailtime, but no human biological security.
+1
Hey as long as they can buy up some houses here before they get carted off to hospital… all good right?
You only need to survive a week affair purchase & profit on said house would pay for your funeral. 😉
And let’s not forget “Pistol” and “Boo” ………..the minnature dogs beloning to Johnny Depp and squeeze.
They had to produce an appallingly insincere apology video because Barnaby got his knickers in a twist (not sure if they were on at the time).
A few flights from mainland China are due to arrive today … https://www.sydneyairport.com.au/flights/?query=&flightType=arrival&terminalType=international&date=2020-01-24&sortColumn=scheduled_time&ascending=true&showAll=false
Nothing to worry about, our organisations have got this covered.
“Nothing to worry about, our organisations have got this covered.” – same as they had it covered with the bush fires.
A good start is to turn off the air conditioning at the airports : the virus thrives in climate with low humidity and temperature of 22-25 degree. That’s why SARS ran rampant in HK but not so much in other less air-conditioned Asian cities.
Inside the Wuhan China Corona virus death zone.
Leaked video showing people on the street falling over as they succumb to the Wuhan Corona Virus.
White full bio suit / helmeted officials driving around in vans picking them up from the street.
#china #Wuhan #Coronavirus https://t.co/mMZtmhGUkl
https://twitter.com/Terrence_STR/status/1220615475513700357?s=20
10 cities and 33 million Chinese have now been quarantined.
Food shortages and fear as the cities go under martial law.
Australia.
We need to shut down entry to all Chinese and travellers from China.
Waving some brochures at Chinese fleeing China to Australia for safe haven & asking them ‘how do they feel’ 10 days before their disease even becomes apparent is not protecting anyone.
The virus has a 2 week incubation period with ‘mass spreaders’ and a 3.1% mortality rate (in the range of the most effective ratio of host transmission spread to mortality) the Spanish Flu was 2.8% and that killed over 50 million globally.
The virus is transmitted by air & touch.
It’s not known how long or persistent the virus is in contagion.
If it goes global pandemic.
If…
All aeroplanes that have had Chinese Nationals in them need to be disinfected.
The airlines don’t know what to do. Air travel to & from China and other infected countries will be likely shut down.
That will generate mass exodus’s by boat ship by the Chinese and other infected countries trying to land into safer countries.
All goods / imports from China and then other infected countries will need to be disinfected.
If there is a Pandemic Australian outbreak.
We have 1.3 million mainland Chinese Nationals as non Australia citizens sole China passport holders onshore. As PR & TR plus Tourist Visitors.
87% or over 1.1 million are in Chinese enclaves in Sydney (0.6 million Chinese National sole foreign passport holder non citizens) and Melbourne (0.5 million Chinese Nationals as non citizens).
This will most likely be the Australian hub and vectors of this Wuhan disease into wider Australia.
That may require lockdown of Chinese high density suburb or districts to stop the onshore spread of the disease.
Many Australian will then try to flee to regional towns or the bush but that just spreads it out and to areas with low capacity in health services.
Australia may need to consider the quarantine if not deportation of lot of these Chinese Nationals (0.8 million of them are here on some pretext TR or Tourist visa & working illegally) to reduce the Chinese to Australian disease transmission & the burden on our already overloaded health care system.
Does it kill just the old people?
In China so far that appears to be the case – a number were old or both old & medically compromised.
A solution for China / North Asia & the rest of the world aging population burden?
Perhaps – a virus will typically mutate to target the largest sector of the population in transmission and infection spread – with a good period of incubation before mortality, so it’s too early to say.
Also ban them eating dogs cats moneys rats etc
Plane drop in 4n20 pies, spring rolls etc
It they keep them locked down long enough they’ll start eating each other lol
its would show status if you ate your neighbours
If you only eat the sick ones does your social credit score go up or down? Asking for a friend.
So we’ve had bird-flu and pig-flu. Am I right in understanding that this new thing is camel-flu?
There be lots of camels roaming our deserts… but either they are clean or we don’t get as close to them as some other people clearly do….
camel-flu is completely new virus that will start from here. Harold will be recognised as the first human carrier.
Where is Ino these days? He usually comes out to play on these sorts of threads. I miss him.
been missing for few weeks now.
You reckon the spooks got him?
harry is a super spreader
Nah mate that’s reusa!!!
There’s already a “camel flu”. It’s called MERS, and mainly affects middle easteners up to now.
No one is sure how it jumped from camel to human.
It all started with a wink. The Bactrian camel seductively winked at the rugged and manly Mujahideen…
That camel was asking for it.
did you meat her in front of the local gym?
The active wear gave her a camel toe.
This site has some (maybe) useful stats
https://www.ecdc.europa.eu/sites/default/files/documents/Risk-assessment-pneumonia-Wuhan-China-22-Jan-2020.pdf
I’m convinced this could be a very bad thing for us post fires. The smoke would have done nothing for the immune systems of vulnerable people. They’ve recently found an effect on children’s immune systems
https://abc7news.com/wildland-fire-smoke-research-to-study-impact-on-childrens-immune-system/5648027/
It might seem strange to some but I’m relatively comfortable that Chinese health officials can and will shut-down the transmission of this Virus within China. That said I’m much less confident that the rest of the world can contain this Sars like virus if it really escapes China’s borders and gets established elsewhere.
I’m sure they can. and the death toll estimate while they wait for things to die down (as it were)?
Just for the record I have not travelled to China at all.
theyre after ya mate https://www.abc.net.au/news/2020-01-24/coronavirus-nsw-health-investigating-four-possible-cases/11897648
I hope these aren’t in Hurstville
The initial local Chinese government response is to bury the news to avoid panic. Beijing has decided they can’t leave it to the local authorities anymore. Quarantining the cities means they have no confident in the local authority to contain the epidemic. For all intent and purpose, Beijing see the entire Hubei province as a lost cause.
They key now is to watch the number of new cases outside of Hubei after the 12 days incubation period.
I’d tend to agree they shut it down (though probably fairly brutally) internally.
I suspect they have rather less of a care about shutting it down internationally.
You’d be brave to trust any of the numbers that come out of China about this sort of thing.
after almost ten fake virus scares in last decade or so people still fall for these?
almost a month after first case has been reported and only 800 cases confirmed and only 30 died in 20 million population area
ordinary flu in Germany killed more people in last month or so
after all of these bird, swine, chicken, … flus now they are trying to scare us with a snake coronavirus LOL
Normally I’m rather skeptical about all the fuss over these new types of Flu but this time I’m not so sure.
This virus looks like it is easily transmitted human to human with even just incidental contact, that’s a very worrying difference between SAR’s and H5N1.
Look at the distance between infected individuals (geographic / social / economic….) this virus is leaping from one population set to another, which suggests it is easily transmitted and that the population has very low natural immunity. I’d be real surprised if the numbers on infected individuals didn’t double or triple within the week.
wouldn’t a virus that’s easily transmitted human to human with even just incidental contact report much larger number of cases than 1000 after almost a month of first record?
this virus doesn’t look very contagious
Be sceptical DrX but I’d rather they inform than obfuscate. In 2009, WHO declared swine flu a pandemic and then it faded away. Nonetheless, there were 37,000 cases and 187 deaths in Australia–many among young adults. A common view among health professionals is that we dodged a bullet that time around. It will come again.
All influenza has an avian origin and comes in 16 broad types, the H in H5N1, of which only a few types are known to infect humans. In general, infection can’t go directly from birds to humans and the most likely path for infection is via pigs. So the most likely source of a virus likely to infect humans is where pigs, poultry and people cohabit, that is China. Let’s hope Fisho’s confidence is well placed in the ability of the Chinese to manage an outbreak.
Just to be clear, I’m confident that Chinese health officials will do a good job if the virus remains largely contained to China. I’m much less certain about the ability of say African countries to respond in the appropriate manner if this virus escapes China and truly takes off in Africa, same goes for most of South America or India for that matter. There are lots of countries that won’t be ready for a highly contagious deadly new flu virus. Once it really takes off in any one of these countries it’s game over world wide for any sort containment strategy.
As I said above just look at the distance between infected individuals with this new virus. With Sars in HK most of the infections were restricted to several apartment buildings and the highest incident of infection was to close family members. This virus is behaving very differently.
New Update:
849 infected
26 dead
1072 suspect.
https://www.news.com.au/travel/travel-updates/warnings/chinese-market-at-centre-of-coronavirus-outbreak-sells-wolves-rats-and-bats-to-eat/news-story/40565ee222aa22612762a9f89111c0fb
and live koalas, which means theres a supply chain from Australia, some cvnts are ut there catching koalas and shipping them off.
Even bat faeces is purported to cure everything from bad vision to childhood malnutrition in Chinese medicinal circles, reports the Yin Yang House.
How crazy is that?
On the bright side, that certainly does the job of chlorinating the gene-pool, quite nicely, thankyouverymuch!
LMAO
Nothing to see here, move along….
https://www.news.com.au/lifestyle/health/health-problems/coronavirus-patients-transported-in-plastic-boxes-and-tubes-to-stop-infections-spread/news-story/2fd906d1c4aed3fc6b3110efa57584d9
Asked the question internally re: travel for work (I work in health btw)
Was told low risk
I will revisit 1 week out from trip. thank gosh I cancelled the family coming with me
Avoid the Chinese Lurgies(TM)…
With our high proportion of international students how many people have considered the high number of students either already returned, on a plane flying back or about to board a plane ?? Some schools have already started, most gov schools start back Wednesday. Hygiene practices for many Chinese students is normally poor and we are allowing them into our schools with a long incubation period. This could get very interesting. Bad time of year for travel to get an outbreak in China.
will be ready by 3rd Feb. fck me.
https://twitter.com/PDChina/status/1220553006497718274
I know they call it a ‘hospital’, but in reality it’s a field hospital operating as an isolation ward. The one in Beijing was dismantled 7 years afterward. Doing it in a week is still ultra impressive though.
With that many excavators there, I think there’s a common grave under every bed… you know… ‘you rack’em, we stack’em’
Samoa I’ve all but closed their border.
https://www.talanei.com/2020/01/23/samoa-takes-action-in-response-to-coronavirus/
After the measles epidemic, I don’t think tSamoa is in any mood for anything more.
Eeeeh, not that they have a chance… I mean, all they need is one of these Manchurian patients, and hey, suddenly they’re a minority. ‘Samoa has always been a part of China’ propaganda line has a certain…. je ne sais quoi, non?
Hay its just like those chicken pox party’s as a kid, better to sort it now than have it evolve without immunity built up and then get a real pandemic.
By that logic, I s’pose Reusa’s immune system is positively vibrant from all the dirty glasses he drank from…
How many die every year due to car, work, home, criminal, et al events.
How many people die due to et al. “events” in a year? The answer to that would be everyone that dies in a year.
Its the psychological disposition towards risk that can end in death that is being discussed. I guess having a little virus take way your freedom and liberty freaks out some sorts ….
https://www.theguardian.com/science/2020/jan/24/coronavirus-uk-universities-issue-quarantine-warning-china-chinese-students-in-slugs
British universities have warned students considering travelling home to China to celebrate Chinese new year that they will face quarantine on their return.
The University of Chester said it had warned its Chinese students in the UK that if they return to their homeland they would not be readmitted without a suitable quarantine period.
six people were being tested in hospitals in Scotland and Northern Ireland after showing symptoms. All the patients had been in Wuhan, which can cause lung disease such as pneumonia, first emerged, in the last 14 days.
The Scottish patients all travelled from Wuhan, where the outbreak is thought to have originated, within the past two weeks and were showing symptoms of respiratory trouble – a red flag for the virus.
the symptoms do not develop for five to seven days, and sometimes even up to 14, meaning the virus can circulate undetected.