If you think that, you will see that it is easily 100k deaths or more. I don't understand what everyone is arguing about. Everything in this world is uncertain. Starbucks earnings is uncertain....markets are. But still we make predictions anyway.
Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates
- Thread starter Cuddles
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If you think that, you will see that it is easily 100k deaths or more. I don't understand what everyone is arguing about. Everything in this world is uncertain. Starbucks earnings is uncertain....markets are. But still we make predictions anyway.
That's because people are in denial. Predictions make people feel like they are smart and in control. They want to argue still over whether or not covid is worse than the flu. People are not any less jobless.
USA yes 100K easy, big country, huge population, 4Mil I guess die every year, many of those treatable but due to your lack of health care if poor and nobody cares.
Go 200K dead, 0.06% of population, in my view it is not worth screwing over the country, putting 47Mil out of jobs, letting millions likely starve to death, commit suicide, kids living in poverty, to save a few old and unwell people that really haven't got long left to live and aren't even well enough to enjoy there lives anyway.
UK adding in deaths from people found alone who'd had heart attacks but tested, atleast the new infection rate is stable, but the deaths massively to screwed to use / trust.
This is a pragmatic view, you won't understand it.
In WW2 they'd lose 200K in a battle sometimes, couple of hours, people die, got to accept this and move on, before it ruins everything.
It is 3mn dead per year and I think that is expected. If everyone lives to 100, then 1% should die every year, and that is 3mn. No need to be so negative on "nobody cares". We are just talking about numbers here.
I can only assume that he was making some failed attempt at satire ("In fact I purchased this stock before they announced the IPO as I had been reading about wework for some time now in my local community centers newsletter"). Either that or he's in the race for the stupidest person on ET, with lot's of company lately.
BTW, WeWork is still a private company. They never had an IPO. Dipshit is most certainly not an accredited investor able to buy private company shares, and of course if he had there's no market price and at this point really no market at all for them.
Hence my 4Million, as not everyone averages 100.
C19 deaths are small!
But what we are trying to do is, undo the media hype, it's not going to be millions, it's going to be a very small percentage, mainly old and ill already dying people, you are giving up your own futures and your kids kids futures to prolong a few old and poorly people lives, doesn't make sense to me.
So I’m actually applying for these loans in order to protect a few hundred jobs.
I’ve been studying it. The offering is being refined virtually very few hours to enhance the impact and intent of the program. There might be some fraud. There always is, but I think it will keep 10s of millions out of unemployment.
And the decentralized nature of the loans - being issued by banks and the onus is on the companies to provide evidence for forgiveness solves the manpower issue.
With these loans many employers can rehire employees.
So to be clear:
you understand the death toll relationship to the hospital capacity.
And you understand that this virus spreads fast and easily.
And you are still advocating that this isn’t a big deal.
Social distancing earlier would have helped a lot. But you and a few others (people who love the word snowflake) kept and keep saying it’s not a big deal and we don’t need to “social distance.”
You have beaten dozu for the stupidest person on elitetrader.
So many people in the gunning for that title in the last 2 weeks!