Koon Yew Yin's Blog

Covid 19 will damage US so badly - Koon Yew Yin

Koon Yew Yin
Publish date: Mon, 31 Aug 2020, 10:00 PM
Koon Yew Yin
0 1,428
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

The chart below shows that the US did not have any Covid 19 cases on 28 March. Just after 5 months there are 6.17 million Covid 19 cases, 187,000 deaths and 3.42 million patients recovered. Studies have shown that those recovered patients will continue to have ill health. Based on the rate of increase, there will be tens of million more Covid 19 cases in the US before the pandemic is under control. Many scientists predicted the pandemic will not be under control for at least 1 or more years even though 6 vaccine are under phase 3 testing.

Even after the final approval of the vaccines, it will take a long time to produce enough to vaccinate all the people around the world. Moreover, the initial cost for vaccination will be too prohibitive for the poor people. I saw an advertisement that a dose of vaccine is 100 pounds or 150 US$.

To be effective all the people must be vaccinated. Otherwise, all those who are not vaccinated will continue to spread the virus. 

A few weeks ago, US President Trump did not even believe in wearing face mask. Last night, I saw thousands of people without wearing face masks at Trump’s campaign rally. At the same time, thousands of people without face masks protesting against the police killing African Americans. Apparently, they do not realise Covid 19 is killing thousands of people and damaging the US economy so badly.

Merdeka day celebration

Malaya first got independence, Merdeka on 31 August 1957 from the British Government and today all Malaysians are celebrating our Merdeka. Unfortunately, we could not achieve Dr Mahathir’s vision 2020, although at one time, we were the biggest tin, rubber and palm oil in the world. Moreover, we have petroleum.     

I will not be surprised many readers will say that as a Malaysian, I dare to criticize US. It is like a pot calling a kettle black.

More articles on Koon Yew Yin's Blog
KSL is cheapest property stock - Koon Yew Yin

Created by Koon Yew Yin | Jul 22, 2024

Recently one smart accountant pointed out to me that KP Property has millions of Redeemable Convertible Preference Shares (RCPS). This will affect its share price. I sold all my KPP shares to buy KSL.

Why Malaysians must learn Mandarin? - Koon Yew Yin

Created by Koon Yew Yin | Jul 15, 2024

Currently Bahasa Melayu is taught in all Government sponsored schools. Bahasa Melayu is only good within Malaysia. All our overseas customers do not know Bahasa Melayu. I hope all our politicians...

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment