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The Coronavirus continues to spread throughout the world. The World Health Organization has declared the outbreak to be a public health emergency of international concern. Many health organizations are still trying to figure out what makes this virus tick. As the number of confirmed cases continue to rise in the U.S., more people are understandably panicking in more ways than one.
For instance, the spread of the coronavirus has rattled many investors who are scared that new outbreaks will push down global demand. The Dow Jones industrial average saw its worst two day slump in four years. Similarly, the S&P 500 had its worst on day slide in two years. Tesla shares took a tumble after a market sell-off that was driven by concerned investors. Why, you ask? Tesla recently opened a Shanghai car plant and is also heavily reliant on Chinese suppliers to make its cars, China is where the virus originated.
Also, Amazon has had to warn third party sellers against price gouging face masks. Some sellers for instance are jacking up the prices three to four times the original cost. Needless to say, 3M began ramping up respirator production to support coronavirus relief. The CDC is ramping up their efforts to fight the virus by implementing health screenings in airports that receive flights from China.
CDC's Plan Breakdown:
- Establishing a 2019-nCoV Incident Management System on Jan. 7 and activating its Emergency Operations Center on Jan. 21 to provide ongoing support.
- On Feb. 3, posting guidanceTrusted Source for assessing the potential risk of various exposures to the novel coronavirus and appropriately managing those people.
- Developing a real-time reverse transcription-polymerase chain reaction (rRT-PCR) test that can diagnose coronavirus in respiratory and serum samples from patients.
Is this worse than the big Ebola scare we had years ago? Experts say the severity of this outbreak may be underestimated. Yet, like with most subjects in public opinion, the issue has been polarizing to say the least.
“It is unlikely that 2019-nCoV will become a potentially life threatening public health issue in the United States. As this is a novel virus, we need to continue to monitor and assess the situation as it evolves on a daily basis,” Supriya Narasimhan, MD, infectious disease specialist with Santa Clara Valley Medical Center, told Healthline.
It goes without saying that it already has had a rippling effect on the U.S. population in more ways than one, and it will more than likely continue to do so. Who thinks this is being blown out of proportion in the U.S. ? What other ways might this impact Americans?