I think it's a false flag created by the deep state with communist China assistance to try and destabilize everything so the democrats can regain control.
"OHHH no everything is in shambles and nobody can work and the economy tanked!! Everyone needs democrat generated government assistance just to scrape by because nothing can restart the economy after Trump ruined it! We need to send manufacturing and other jobs to China because American labor is too shitty and expensive to make the things you need to survive."
They're shutting down the rodeo. MUH CORONAS!
It's the left method of destroying the economy so people vote democrat because if the economy is bad enough the poor peeople will suffer and NEED DAT GUBBMIT HALP!!!!! OH LAWRDY WHERE OBAMA WE NEEDS HIM!!!!!!
Everyone is losing their minds over something they'll never have any chance of catching. If it's so bad why aren't resorts, health clubs, golf events, award shows, tv shows, etc all cancelled?! Those have enormous numbers of people to function and carry out and attend.
Its a fucking nothing but intimidation tactic. Might as well be afraid of a god damn meteor falling on your balls!!!
China released a mild virus meant to stir things up. China is happy to do so because they fucking hate Trump with a passion. Then media stirs people into a god damn frenzy and democrat strongholds like Chicago and Houston and new York assist by fueling the fire with mass closing of huge events.
And cdc is telling organizations to cancel large events. Biden loves that to death and commented during a media circus event that he will cancel his huge events... he only hopes everyone else does the same for the sake of the nation...
Biden's full of shit. This is their attempt to kill Trump rallys.
In 2009 swine flu was happening. Nothing was closed like this and worldwide 575k people got it and caused 12.5k deaths.
And the ONLY age group found to be dangrrously susceptible to corona is 65+ and those without a good immune system (cancer patients, aids/hiv, etc...). All other ages are nearly zero on death rate.
Influenza KILLS 640K people/year and infects over a billion people.
In 2009 swine flu was happening. Nothing was closed like this and worldwide 575k people got it and caused 12.5k deaths.
H1N1's r0 was about 1.4, overall it was <2 meaning it wasn't nearly as contagious as novel coronavirus which has r0 of about 3. (For reference flu r0 is about 1.3) This means if left unchecked without any measures cases can triple. This is why medical professionals are taking it seriously. Don't panic, but due to how contagious it is we can't live life like normal (can't really throw big events, avoid crowded places, etc.)
I get the frustration in the disruption, but read an email from a cardiologist in Italy recently that has gone public that basically said, "We have to chose who dies" because the hospitals are overwhelmed.
This is the general concern, if there is a huge flux of patient who go critical and we don't buy enough time the medical system will get overwhelmed.
China released a mild virus meant to stir things up. China is happy to do so because they fucking hate Trump with a passion.
I don't think this is true because we have the genetic code of the virus and can trace it's heredity to origin. Also I've listened to about 5 bioweapons experts speak on this and all have basically said "Humans are smart enough to make a virus this bad". From my friend who work at the CDC most of them say we should be more concerned with naturally occurring pathogens than a bioweapon. You're more likely to see nukes or bombs go off than a bioweapon. But hey believe what you want that's cool.
Its a fucking nothing but intimidation tactic.
The markets are generally spooked because this popped the bubble of the bull run. Lots of things have caused this mild bear market:
Historically low interest rates and Frank Dodd protections prevent banks from using cash for speculating. Lehman Brothers was a very painful lesson which resulted in the worlds largest margin call when holders of CDS' (credit default swaps, basically a type of insurance that the issuer pays out if the underlying credit that is insured defaults), were called against the massive amounts of MBS (mortgage backed securities, basically derivative that takes the interest payment of a mortgage and turns it into an equity). Due to this, banks are having a lot of trouble doing business because they can't offer competitive interest rates on savings accounts so there is no reason to keep a large amount of cash in the bank.
Supply chain disruption is going to be felt for months. This is real, and investors are spooked by this, so they'd rather go cash heavy and wait for things to clear up. Buffett warned us of this and has been holding cash on the sidelines for years waiting for a black swan event like this to occur.
Can't cut interest rates into negative if the market goes tits up. If everyone starts defaulting on credit because of cash flow issues (look at how much money the FED pumps into liquidity daily), then there is no way to get more money into the market via lower interest rates. The FED cut them to basically 0 already, and while we should have been raising them during the bull economy, that didn't happen. If we cut interest rates right now into the negative, because of point 1) the banks will fail and will need another bailout.
These are just a few points, but shit is real out here. Investors are spooked not because of the fake news. News cycles as fundamentals don't affect us as much as the underlying (seeing empty shipping containers coming from china, seeing inventory shortages like iPhones being in short supply, seeing factories shutdown etc.)
I dunno, man. Recession is on the way unless we really band together and unify as a country as much as we hate the other side. Since I"m an investor and I'm a betting man, (shoutout to r/wallstreetbets), I wouldn't bet on a bi-partisan solution anytime soon so YOLO PUTS on SPY: 280P DTE 6/1
My son just told me over 500 people have died of hippo attacks. Mosquitoes kill more people in a year...and yet colleges are canceling classes? They are shutting down events?
Seriously. People need to wash their hands, be clean, be healthy, and NOTHING will happen to them. It's sad that people are dying, but people keep forgetting that those who are dying from this disease already had other illnesses as well. It was just an unfortunate event of one disease making the other one worse.
Same. Here's whats likely going to happen. It'll be 30-90days from the first testing and people dying to see any type of consistent rate and/or potency of this string of CoronaVirus. If we don't have a vaccine in lets say 1 year, next year people won't get the flu, they will get the coronavirus flu which will be come the new seasonal flu as it does seem more aggressive and easier to contract (influenza will still exists). Then our yearly death numbers will be the old influenza numbers + increase of 10-20% with coronavirus's potency. But how its being spun is this will wipe out everyone in every country, we all done people...also, dont vote for Trump because that matters too.
I think it's a false flag created by the deep state with communist China assistance to try and destabilize everything so the democrats can regain control.
"OHHH no everything is in shambles and nobody can work and the economy tanked!! Everyone needs democrat generated government assistance just to scrape by because nothing can restart the economy after Trump ruined it! We need to send manufacturing and other jobs to China because American labor is too shitty and expensive to make the things you need to survive."
They're shutting down the rodeo. MUH CORONAS!
It's the left method of destroying the economy so people vote democrat because if the economy is bad enough the poor peeople will suffer and NEED DAT GUBBMIT HALP!!!!! OH LAWRDY WHERE OBAMA WE NEEDS HIM!!!!!!
Everyone is losing their minds over something they'll never have any chance of catching. If it's so bad why aren't resorts, health clubs, golf events, award shows, tv shows, etc all cancelled?! Those have enormous numbers of people to function and carry out and attend.
Its a fucking nothing but intimidation tactic. Might as well be afraid of a god damn meteor falling on your balls!!!
China released a mild virus meant to stir things up. China is happy to do so because they fucking hate Trump with a passion. Then media stirs people into a god damn frenzy and democrat strongholds like Chicago and Houston and new York assist by fueling the fire with mass closing of huge events.
And cdc is telling organizations to cancel large events. Biden loves that to death and commented during a media circus event that he will cancel his huge events... he only hopes everyone else does the same for the sake of the nation...
Biden's full of shit. This is their attempt to kill Trump rallys.
In 2009 swine flu was happening. Nothing was closed like this and worldwide 575k people got it and caused 12.5k deaths.
And the ONLY age group found to be dangrrously susceptible to corona is 65+ and those without a good immune system (cancer patients, aids/hiv, etc...). All other ages are nearly zero on death rate.
Influenza KILLS 640K people/year and infects over a billion people.
H1N1's r0 was about 1.4, overall it was <2 meaning it wasn't nearly as contagious as novel coronavirus which has r0 of about 3. (For reference flu r0 is about 1.3) This means if left unchecked without any measures cases can triple. This is why medical professionals are taking it seriously. Don't panic, but due to how contagious it is we can't live life like normal (can't really throw big events, avoid crowded places, etc.)
I get the frustration in the disruption, but read an email from a cardiologist in Italy recently that has gone public that basically said, "We have to chose who dies" because the hospitals are overwhelmed.
This is the general concern, if there is a huge flux of patient who go critical and we don't buy enough time the medical system will get overwhelmed.
I don't think this is true because we have the genetic code of the virus and can trace it's heredity to origin. Also I've listened to about 5 bioweapons experts speak on this and all have basically said "Humans are smart enough to make a virus this bad". From my friend who work at the CDC most of them say we should be more concerned with naturally occurring pathogens than a bioweapon. You're more likely to see nukes or bombs go off than a bioweapon. But hey believe what you want that's cool.
The markets are generally spooked because this popped the bubble of the bull run. Lots of things have caused this mild bear market:
Historically low interest rates and Frank Dodd protections prevent banks from using cash for speculating. Lehman Brothers was a very painful lesson which resulted in the worlds largest margin call when holders of CDS' (credit default swaps, basically a type of insurance that the issuer pays out if the underlying credit that is insured defaults), were called against the massive amounts of MBS (mortgage backed securities, basically derivative that takes the interest payment of a mortgage and turns it into an equity). Due to this, banks are having a lot of trouble doing business because they can't offer competitive interest rates on savings accounts so there is no reason to keep a large amount of cash in the bank.
Supply chain disruption is going to be felt for months. This is real, and investors are spooked by this, so they'd rather go cash heavy and wait for things to clear up. Buffett warned us of this and has been holding cash on the sidelines for years waiting for a black swan event like this to occur.
Can't cut interest rates into negative if the market goes tits up. If everyone starts defaulting on credit because of cash flow issues (look at how much money the FED pumps into liquidity daily), then there is no way to get more money into the market via lower interest rates. The FED cut them to basically 0 already, and while we should have been raising them during the bull economy, that didn't happen. If we cut interest rates right now into the negative, because of point 1) the banks will fail and will need another bailout.
These are just a few points, but shit is real out here. Investors are spooked not because of the fake news. News cycles as fundamentals don't affect us as much as the underlying (seeing empty shipping containers coming from china, seeing inventory shortages like iPhones being in short supply, seeing factories shutdown etc.)
I dunno, man. Recession is on the way unless we really band together and unify as a country as much as we hate the other side. Since I"m an investor and I'm a betting man, (shoutout to r/wallstreetbets), I wouldn't bet on a bi-partisan solution anytime soon so YOLO PUTS on SPY: 280P DTE 6/1
I cant watch tv anymore, it's all they talk about 24/7.
My son just told me over 500 people have died of hippo attacks. Mosquitoes kill more people in a year...and yet colleges are canceling classes? They are shutting down events?
Hippos are the deadliest land animals. They're no joke.
Seriously. People need to wash their hands, be clean, be healthy, and NOTHING will happen to them. It's sad that people are dying, but people keep forgetting that those who are dying from this disease already had other illnesses as well. It was just an unfortunate event of one disease making the other one worse.
Same. Here's whats likely going to happen. It'll be 30-90days from the first testing and people dying to see any type of consistent rate and/or potency of this string of CoronaVirus. If we don't have a vaccine in lets say 1 year, next year people won't get the flu, they will get the coronavirus flu which will be come the new seasonal flu as it does seem more aggressive and easier to contract (influenza will still exists). Then our yearly death numbers will be the old influenza numbers + increase of 10-20% with coronavirus's potency. But how its being spun is this will wipe out everyone in every country, we all done people...also, dont vote for Trump because that matters too.
Bernie will save us all guys!
I hear ya! It's the flu!!!!!!! Wash yer dirty hands!!!!
Agree.