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That seems implausibly optimistic. If half of us have had it and 'only' 400 dead, what has gone on in Italy?
Speculation:-
Different infection demographics. We tend to pile our elderly into isolation or old people's homes. Italians tend to keep their elderly at home with younger generations.
Is the UK a ticking timebomb in terms of the elderly generation? I guess we'll know a bit more in 2 weeks when the current set of people who are infected are either in the grip of severe illness or getting over it - possibly even without even knowing they had it.
Herd immunity can't work in elderly dense places (retirement villages, old people's homes, etc) as the numbers just don't work, ~80% of people would include a lot of the specifically vulnerable.
That seems implausibly optimistic. If half of us have had it and 'only' 400 dead, what has gone on in Italy?