This is the end. We are witnessing collapse of the global economy

[farmerjohn1324]

I will say this one more time. Throwing the old people off the bus is fine if this is what you want to do, but realize that with the health care system crippled, you aren't getting any health care either for months.

As a young person, you might not be too worried about this virus, but over the next 6 months, you might have anything from gonorrhea that you can't get treated, a broken arm that will get no cast, or a serious accident which will leave you dying on the side of the road. Are you willing to take this risk? Access to healthcare isn't like a trade you can get out of when it goes against you for minimal loss. By saying that this is overblown and people need to get on with their lives, what you are saying is that you are ok with the healthcare system being overloaded because you are sure that in the next 6 months to 1 year you won't have any need for it nor will it in any way directly affect you.

Its not just a simple question of sacrificing the old people. The knock on effects of just letting this virus run rampant are serious.

US has 100k cases now and almost 2k deaths. If business was wide open, do you really think that when the case load hits 10 million or 20 million that the economy would still be great? At some point, you will see mass hysteria among healthy people. I bet that if nothing was done, within 2 months, you would have people themselves choosing to self quarantine without the government having to tell them to. The amount of paranoia would be unreal once you hit 1% or or 5% of the population catching this.

Look on the bright side...

I own SPXS!

 

[Turveyd]

ujh

I will say this one more time. Throwing the old people off the bus is fine if this is what you want to do, but realize that with the health care system crippled, you aren't getting any health care either for months.

As a young person, you might not be too worried about this virus, but over the next 6 months, you might have anything from gonorrhea that you can't get treated, a broken arm that will get no cast, or a serious accident which will leave you dying on the side of the road. Are you willing to take this risk? Access to healthcare isn't like a trade you can get out of when it goes against you for minimal loss. By saying that this is overblown and people need to get on with their lives, what you are saying is that you are ok with the healthcare system being overloaded because you are sure that in the next 6 months to 1 year you won't have any need for it nor will it in any way directly affect you.

Its not just a simple question of sacrificing the old people. The knock on effects of just letting this virus run rampant are serious.

US has 100k cases now and almost 2k deaths. If business was wide open, do you really think that when the case load hits 10 million or 20 million that the economy would still be great? At some point, you will see mass hysteria among healthy people. I bet that if nothing was done, within 2 months, you would have people themselves choosing to self quarantine without the government having to tell them to. The amount of paranoia would be unreal once you hit 1% or or 5% of the population catching this.

Shit happens, it's kinda my religion, I'll just shut the fuck up and die like a man, if needs be, not a snowflake, not that young, thankfully.

1 or 5% catching LOL, USA is likely @30% have it already, don't understand this do you at all.

This will be pretty much over in 2months definately for the UK and almost definately for the USA, we'll all have it, become immune and then life will continue.

Man up snowflake!!

 

[RubberBand]

ujh


Shit happens, it's kinda my religion, I'll just shut the fuck up and die like a man, if needs be, not a snowflake, not that young, thankfully.

1 or 5% catching LOL, USA is likely @30% have it already, don't understand this do you at all.

This will be pretty much over in 2months definately for the UK and almost definately for the USA, we'll all have it, become immune and then life will continue.

Man up snowflake!!

I agree, just take it like a man and if you die, you die.

If you think 30% have it, then you are saying that over 100 million have it. Seems like you don't understand this either. Its been shown that maybe about 10% of the cases need a hospital visit. If 100 million had it, I think there would be way more people in hospital.

 

[farmerjohn1324]

ujh


Shit happens, it's kinda my religion, I'll just shut the fuck up and die like a man, if needs be, not a snowflake, not that young, thankfully.

1 or 5% catching LOL, USA is likely @30% have it already, don't understand this do you at all.

This will be pretty much over in 2months definately for the UK and almost definately for the USA, we'll all have it, become immune and then life will continue.

Man up snowflake!!

Wuhan was real bad for 3 weeks. Italy is at about 2 weeks.

So maybe it will start to decline soon, or maybe Italy didn't do a good enough job of containment.

Either way, USA has a lot more room for it to spread.

 

[southall]

Wuhan was real bad for 3 weeks. Italy is at about 2 weeks.
So maybe it will start to decline soon, or maybe Italy didn't do a good enough job of containment.

In Wuhan anyone known to have got it was sent to a hospital bed whether they had mild symptons or major symptoms, i.e everyone known to have the disease was physically isolated. They were not allowed to remain in the community. No trips to the shops for food or mixing with friends and family. They were carried out if needed.

Italy or the US or any western government isnt doing that.

 

[Turveyd]

I agree, just take it like a man and if you die, you die.

If you think 30% have it, then you are saying that over 100 million have it. Seems like you don't understand this either. Its been shown that maybe about 10% of the cases need a hospital visit. If 100 million had it, I think there would be way more people in hospital.

about 1% need treatment, numbers all exagerated 10fold to get everyone more scared.

Then about 4% of that 1% die with treatment, so 0.04%.

 

[Turveyd]

In Wuhan anyone known to have got it was sent to a hospital bed whether they had mild symptons or major symptoms, i.e everyone known to have the disease was physically isolated. They were not allowed to remain in the community. No trips to the shops for food or mixing with friends and family. They were carried out if needed.

Italy or the US or any western government isnt doing that.

Until everyone gets, it'll keep coming back, best to get to that quick, but not too quick.

No data posted for the 27th yet, 26th was up, maybe they culled it to soon and maybe it'll be back for a 2nd run, we had there data to run off so maybe we know to let it run and get it over with in 1day.

Or maybe they lied about the numbers ??


Watching " I am Legend " Soon

 

[orbit23]

pls respond:
View attachment 223309

So am i wrong?

The economy is collapsing, the long term target is known, but the market has to reach that price in the most efficient way, so ofcourse there will be short term bottoms and bounces. Most of you on here think market is one-directional. A "farmer john" is holding his shorts without a stop loss.. We will soon see how that turns out.

 

[farmerjohn1324]

So am i wrong?
View attachment 223342

The economy is collapsing, the long term target is known, but the market has to reach that price in the most efficient way, so ofcourse there will be short term bottoms and bounces. Most of you on here think market is one-directional. A "farmer john" is holding his shorts without a stop loss.. We will soon see how that turns out.

The problem with stop loss from my perspective is that I can't predict a short-term rise, even if longer-term is decline.

A stop loss may cause me to lose when I otherwise would have won.

It's definitely not a perfect system, but I don't think a perfect system exists.

 

[Cuddles]

So am i wrong?
View attachment 223342

The economy is collapsing, the long term target is known, but the market has to reach that price in the most efficient way, so ofcourse there will be short term bottoms and bounces. Most of you on here think market is one-directional. A "farmer john" is holding his shorts without a stop loss.. We will soon see how that turns out.

I'm trying to understand how you rationalize the "collapse of the global economy" ends with just a 2300 bottom?