A flu pandemic could kill 71 million people worldwide?

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  1. #1

    Join Date
    Jan 2008
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    A flu pandemic could kill 71 million people worldwide?

    This Scary Headline on Bloomberg:
    "Flu Pandemic May Cost World Economy Up to $3 Trillion (Update3)
    By Jason Gale
    Oct. 17 (Bloomberg) -- A flu pandemic could kill 71 million people worldwide and push the global economy into a ``major global recession'' costing more than $3 trillion, according to raised estimates
    by the World Bank of a worst-case scenario"

    According to the World Bank the current world population is estimated at 6.7 Billions.

    Death rate is estimated at 1% of the population i.e about 67 Millions will die in current year.
    Growth rate of population estimated by world Bank is 1.1% .
    World GDP estimated by WORLD BANK for the year 2007 US$ 54,347,038 MILLIONS.

    So a loss of US$3 Trillions will be about 5.5%

    During the last 10 days the Major Governments have
    guaranteed more than US$3 Trillions for the financial sector.

    As it is the world recession will reduce GDP by 2-3% next year.

    Why these scary headlines?
    Does it make sense?

    It is same like SARS. Less people died in Hong Kong
    from Flu during 2003 than a normal year.

    Let us have your view.


  2. #2
    deleteduser

    News outlets are in the business of scaring people, especially in America