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Japan Just Declared an Economic Game Over

by John Galt
17.02.20 20:20 ET

The financial news channels, mainstream media, hell, even Fox News has practically declared the threat from n-Cov19/Coronavirus pretty much over and a “Chinese” problem.

The today, late in the afternoon U.S. Eastern time, the story which was ignored by all broke loose from the Nikkei Asian Review, a very reputable news source from Japan:

Japan seized with anxiety over homegrown outbreak

No big deal, right? Hell, that’s “contained” and only in Japan thousands of miles away and no big deal to the average American. Or is it….(excerpted):

On Friday, a fire department employee who had helped with patient transport from the Diamond Princess cruise ship quarantined at Yokohama tested positive, despite having worn protective gear.

Excuse me?

And this isn’t front page breaking news? It should be. The inability of a Class A hazmat suit to protect a fireman or other employee should be a huge red flag. What makes it worse is that the Japanese nation, a normally more prepared nation than the United States is not ready for this:

It has taken nine days on average for Japan’s coronavirus patients, excluding those on chartered flights and the cruise ship, to obtain diagnoses from when they first exhibited symptoms. Twelve required multiple trips to the doctor before being deemed at risk of having the virus.

The longest it took was the 22 days by a woman in Kanagawa Prefecture in her 80s who on Thursday became the first confirmed death from the coronavirus in Japan.

The longer it takes for a diagnosis, the greater the risk that patients infect those around them. But confirming cases can be tough — especially for younger, healthier patients with only mild symptoms, much less people with no symptoms at all. Five of the roughly 760 passengers on chartered flights from Wuhan tested positive despite not having any symptoms, meaning they would have been impossible to catch through regular channels.

Treatment capacity is an issue as well. Fourteen of Japan’s 47 prefectures miss their own benchmarks for the number of beds in isolation wards. Overall, there are 1,871 beds across Japan’s isolation chambers — 36 fewer than the goal. The health ministry on Sunday said coronavirus patients can stay in nonisolated facilities if no beds are available.

But don’t worry, the central banksters, national leaders, and more will say it is “contained.”