March 5, 2020
47,473
2,417
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17:11Now PlayingThe confirmed coronavirus cases in America is over 160 now, with King County (the Seattle area) in Washington being the most effected so far. 10 of the 11 COVID-19 victims in America were from King County, so officials there are taking extra precaution as the virus continues its spread throughout the nation and world. All 2.2 Seattle residents are being asked to work from home, avoid licking envelopes for upcoming mail-in votes, avoid large gatherings, and those ages 60 plus are being asked to avoid the public as much as possible. Politicians there bought a motel to house patients who do not need hospitalization, and all schools are closed.
Some more updates:
-The global death toll increased by 100 more people this morning
-The fatality rate for those ages 60 and above is about five percent, with the median age of those dying around 80 years old.
-17 percent of all cases are considered "serious," which is a drop from the 19 percent recorded last week.
-The fatality rate is expected to drop as more cases are confirmed, which should happen once testing for the virus becomes more widespread and accessible.
-Anyone who suspects they may have coronavirus should call ahead to hospitals before entering, to avoid infecting other people.
Glenn and Stu discuss the latest updates, WHY people are so worried, whether officials around the world are taking appropriate measures, and what this all means for the economy as the Dow Jones takes another plunge. After all, it's a lot easier for our medical systems to recover from an overwhelmed system than it is for the Fed.
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