Moral choices of the government (poll)

What should the government do?

  • Take the 1-2% population hit mostly of the elderly and get back to normal as soon as possible.

    Votes: 16 43.2%
  • Keep up the quarantine even if it takes months and even if the economy goes down, extended recession

    Votes: 19 51.4%
  • I am not sure, but I am scared.

    Votes: 2 5.4%

  • Total voters
    37
regarding closeouts. the rules are you will need to show a maximum width IF you want the ability to trade on your prices. i think there are a lot of people who would pay a great deal of money for that so its not a great risk. options are then fine since they move less than the spot, the risk has to go to zero at a fixed equity to margin pct above zero so every trade must be in the right direcition DELTA-wise. the vega would follow once the delta is zero and is less discontinous than all the underlyers where this rule applies. the problems are imaginary and mainly because of the crookedness. otherwise we will be fannying around with option widths etc
 
Here is a thing to consider, nurses and doctors started to die. A very sobering article:

https://www.theatlantic.com/ideas/archive/2020/03/were-failing-doctors/608662/

"Six months into the 15-month Ebola epidemic, health-care providers stopped coming to work. They had little PPE. They saw their friends die without any special care. Their colleagues began abandoning their jobs, one by one, until there was no one left. There was nowhere for people to obtain treatment for stomach pain, childbirth, heart attacks, car crashes, or any other routine or unpredictable health event. As a result, experts estimate that more people died from illnesses like malaria and diarrhea than Ebola."

This has to be taken into account when we consider abandoning the 2%. If we lose 20-30% of the doctors and nurses (illness,death or leaving the job) people will start to die due to other illnesses or accidents.

Excellent point, also police and fire department sickness is a concern

https://www.nationalreview.com/news...ck-as-hundreds-test-positive-for-coronavirus/
 
Excellent point, also police and fire department sickness is a concern

Not the Plague, people that are fit will make a full recovery 99.99999% of the time, it's no worse than a mild cold for most, stop making out it's the plague!!!
 
Wrong, serious/critical = 5%
https://www.worldometers.info/coronavirus/

Infection and mortality rates are substantially higher and deaths will skyrocket.

I listen to Fauci, Gupta


Your Falling for the Lie, 5% of people Tested, IE bad enough to need hospital treatment.

If you don't go to hospital and you get better, and no test then you don't count, which is pushing the numbers up.

The lie is they quote 2Mil will die, when a fraction of that die, they'll claim they saved us all.



100 people in a room, 2 get tested, 1 dies, what the mortality rate ??

50% based on tested ( what there quoting )
between 50% and 1% depending on if the other 98 have / had, which you don't know.

Math and Logic!!

Old and Poorly are dying, fit healthy people, very very little hence my 99.9999, ie 1 so far in the UK without issue and she looks like a Coke head to me.
 
Agree the math and calculations are not to be trusted, nobody knows what the real truth is, it's bollocks x10

Main thing is to encourage everyone to stay safe and err on the side of caution, better safe than sorry.

"tis but a scratch" ... 'your arm's off'
Monty Python & the Holy Grail
 
Agree the math and calculations are not to be trusted, nobody knows what the real truth is, it's bollocks x10

Main thing is to encourage everyone to stay safe and err on the side of caution, better safe than sorry.

"tis but a scratch" ... 'your arm's off'
Monty Python & the Holy Grail

No just the old and sick, rest of us it won't effect, sooner we fit people get it, the sooner old people have nobody to catch it off, do them a favour and get it soon.
 
good idea! go for it! how about let's experiment this idea on your Mom and Pop first to see how it turns out?... we can't play this kind of risk on the societal scale. Let's start it small, you know baby step :) I'm sure they'd be thrilled to be "martyrs"!!! hahaha
 
Election year. Democrats and left wing media have been praying for a market crash in the hopes it will dethrone Trump because they know a senile old man like Biden can't win if the economy is good.

That could make some sense if this was limited to the US. Do you really think Italy is in lockdown to piss off Trump?

In the US you're now in the situation that Europe was weeks ago: "Meh, this is not such a big deal... meh, it only affects old people... meh, a man has to work, if I die, I die". When people start seeing relatives, coworkers, their senator, their children's doctor, that guy at the bar, the neighbor next door, etc. dying it'll hit them.

When China locked down Wuhan everyone in Europe was: wow, we could never do that, we're a democracy. When Italy got on lockdown, the rest of Europe was, oh the Italians are so dramatic, when most of Europe was on lockdown, the Brits were like "thank God for Brexit, just keep calm and develop herd immunity". Until the bodies started piling up.

It's a bit like the difference between trading a paper account where you take all the signals and make "money "and then trading an overleveraged account with real money.
 
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