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I hate to support that man, but he’s possibly right.
Our basis for the rates(as I stated way back) is what is confirmable, and as such, likely to represent a symptomatic only cohort.
From this we get deaths, of which some of them are possibly not deaths due to Coronavirus (as the confirmed death definition shifted to include pneumonia-adjacent deaths a while back).
Given both of these things (especially as there is likely a significant cohort of minor/ no/ alternate mild symptomatology) the mortality rate can be seen as likely to be inflated.
So, yes 3.4% is possibly overestimated, not sure under 1% is a logical conclusion, but given that plenty of creditable sources are using a figure around 1%, its not the standard nonsense he spouts.
Honestly, where do you start with this shit-for-brains:
https://twitter.com/atrupar/status/1235409660104015873