Jul 8, 2009

Swine Flu Counter update 06-07-2009

Want a simple global Swine Flu Counter on your web page?

You may find the old (July 6, 2009) Counter/Calculator Here.
There is already a new counter on a more recent model available.
Look at : Swine Flu Counter Update-sept-2009

The (old) counter is based on a 'July 6, 2009 estimation' as described on Actuary-Info. However, now the data have been updated based on the official, more reliable and accurate WHO reports.



If necessary, counters will be updated again on a on a regular basis. The latest data you'll find in this XLS spreadsheet.

Install Swine Flu Counter
How to implement this old Swine Flu Counter on your web site?

  • Put the next HTML-script (without the outer quotes) just before the end of the body tag:' <script language="javascript" type="text/javascript" src="http://jos.blogspot.googlepages.com/swine-flu-2009.js"> </script>'

  • Put the next HTML-line (without the outer quotes) where you want the Swine Flu table to appear on your site :
    ' <div id="swineflutable"></div> '

  • Ready!

Remember, you may only install one counter on your website, either the old or the new.

Paradox
The best what could and will happen with regard to the original swine flu model and corresponding counter, is that they don't turn out to be valid. This way the model and counter will have proven their 'reason for existence'. Simply just by contributing to the necessary awareness and prevention measures to diminish or stop the exponential swine flu infections growth.

Contrary, developing but not publishing models or counters will create a lack of warning and attention and would therefore prove the (exponential) model to become true. This is the inevitable paradox of modeling with our without follow up actions.

This paradox is the main reason why an 'actuarial advice' should therefore alway be presented in a (minimal) "two-way scenario" form:
  • Estimation of results without follow up actions
  • Estimation of results including advised follow up actions

Anyway, have fun with your Swine Flu Counter!

Joshua Maggid

ADD July 18, 2009
On July 16, 2009 WHO reports:
  • Further spread of the pandemic, within affected countries and to new countries, is considered inevitable.
  • This assumption is fully backed by experience. The 2009 influenza pandemic has spread internationally with unprecedented speed. In past pandemics, influenza viruses have needed more than six months to spread as widely as the new H1N1 virus has spread in less than six weeks.
  • The increasing number of cases in many countries with sustained community transmission is making it extremely difficult, if not impossible, for countries to try and confirm them through laboratory testing. Moreover, the counting of individual cases is now no longer essential in such countries for monitoring either the level or nature of the risk posed by the pandemic virus or to guide implementation of the most appropriate response measures.
In short: now h1n1 really gets important and probably is running out of hand, WHO stops reporting.....
Let's see if we can find another source....

ADD July 21, 2009
Wikipedia's 2009 flu pandemic reports (based on ECDC reports, as WHO reports fail) an accumulated number of 143,652 reported infections and 899 deaths on July 21, 2009. As the WHO has decided not to registrate the number of infections anymore (as from july 9) and, except for the US, reports are based on confirmed laboratory test results, the actual number of infections will be much higher.

That's why, as long as the actual deaths are in line with the modelled estimated death, the 'July 6th exponential model', used as basis for the swine flu counter, seems still realistic and valid!

ADD Sept 06, 2009
The data have structurally changed from exponential to linear.
Take a look at the new counter at:

Jul 4, 2009

H1N1 Swine Flu Projection

Strange... a lot of (WHO) swine flu talk and information on the Internet, but no worldwide projections or estimates....

The risk of underestimating the so called H1N1 (Swine Flu) virus is not unthinkable.

Worldwide Projection H1N1 Virus

You don't have to be an actuary or mathematician to make a sound projection of the number of people that will be infected (or die) within the next months. All it takes is 'basic high school' and a common spreadsheet.

Let's make a simple worldwide projection of the expected cases (infections) based upon the WolframAlpha data-set:



The purple line illustrates the development of the number of infections worldwide, the dotted purple line illustrates the expected projected development until the end of july 2009.

With one view it's clear is that during the next months the H1N1 virus spread will be enormous. By the end of July 2009 the number of worldwide infections will rise to almost 0.5 million. The spread of the virus will probably be enforced by the fact that a lot of people have their holidays and therefore travel by plane or bus.

As one would aspect, the development of the number of infections is exponential. The (natural) logarithm of the expected cases (dashed red line) is almost a linear curve. You may find more information of data and projections in the next XLS spreadsheet.

Big Explosion
If no additional prevention actions will be taken, a big explosion of the virus starts just after the holiday period in 2009.



It is questionable if the planned vaccinations for October or later will be in time.Perhaps it's better to have a vaccination, or take Tamiflu, than a vacation in July or August.

Global Infection
If no adequate rigid measures will be taken within the next months, the future of humanity could be serious at stake:



Unrestrained exponential growth on basis of the the current growth-path, will lead to a more or less complete global infection by the end of January 2010.

By then ruffly 36 million people worldwide, will have died. If the mortality rate doesn't stabilize (as it currently appears) at 0.45% of the infected people, the effects could be worse.

As the famous 'Wheat and chessboard problem' already illustrated, exponential growth is a dangerous underestimated killer. It's just like a tsunami: when you notice it, it's too late to act.

Let's trust governments are not underestimating this Swine virus threat.

Happy holidays!

Related Links:
- World Population Density
- U.S. Death rates influenza virus 1918
- Visual Flu Tracker
- LinkedIn: InArm: Important remarks by Dave Ingram

Important Notice

Jun 30, 2009

Central Bank Risk Management

Facing 2009, leads us back 300 years in history, when funding 'credit demand' was one of the main reasons for founding Central Banks in England (1694), the USA (1790) and the Netherlands (1814).

Let's go back in history and have a short look at the situation in the Netherlands 200 years ago...



More history DNB
English, Dutch

Monetary Stability

Nowadays the importance of monetary stability is just as important as a few eras ago. It cannot be underestimated.

The years of the gold standard are behind us. Question is: are there any stable new alternatives?

Learning from the past, one way or the other, we will have to introduce new trustful standards. Maintaining the current situation will probably not lead to a sustainable financial system on the long term.

To stress the importance of a stable standard, just take a look at the development of the next Federal Reserve Balance Sheet:


The above graph clearly shows that Central Bank Risk Management is not an unimportant issue....

Fed Example
Example: As more 'bad loans' and up on the U.S. federal balance sheet, to prohibit downgrade U.S. credit rating , the FED - one way or the other - will have to standardize itself.

Central Banks are monitoring themselves
The past has shown that self-regulation in private financial markets doesn't work. Be confident, it won't work on a Central Bank level either: balance size figures and federal stakeholder interests have grown to enormous proportions.

Central Banks are in fact regulating and monitoring themselves and - except for the Eurosystem - they don't fully comply to international accounting standards as well, a risk society clearly cannot permit itself.

Split up Central Banks
To regain control of central banks, governments will have to split their Central Banks into:
  • A regular "Reserve Bank" (monetary function) and a
  • An objective independent Regulator, that regulates private banks as well as the State Bank.

If a Central Bank is also operating as a State Bank, this Bank should also be separated from the Reserve Bank business, to guaranty an objective monetary policy by the Reserve Bank in a specific country.

In the mean time, Central Banks will have to become innovative and come up with a collectively supported new standard alternative. They have to act fast, before the market creates his own new wild and probably risky standards out the financial market chaos.

Actuaries and Economists could work together to develop such a stable risk-free standard.