Coronavirus

[Bandit King]

If covid 19 is hysteria why we shut down in Illinois till april 7?

[Red8911]

Holy **** your president is beyond terrible

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The president is terrible or the reporter who is attacking him? No matter what their job is to say and write negative things about Trump, how did you expect him to respond?

[Bandit King]

Holy **** your president is beyond terrible

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The president is terrible or the reporter who is attacking him? No matter what their job is to say and write negative things about Trump, how did you expect him to respond?

Attacking him? The reporter gave him a softball question!

[dougthonus]

The president is terrible or the reporter who is attacking him? No matter what their job is to say and write negative things about Trump, how did you expect him to respond?

1: How was that question something that was negative about Trump?

2: I'd expect the President of the United States to not respond like a 1st grader regardless of the question.

[Habs72]

Holy **** your president is beyond terrible

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The president is terrible or the reporter who is attacking him? No matter what their job is to say and write negative things about Trump, how did you expect him to respond?

If askin normal question that interest many is attacking in your opinion, i just wonder what you would think about question where someone really is attacking. This just shows how immature and incapable your president is with dealing people and media.

[MrSparkle]

https://medium.com/six-four-six-nine/evidence-over-hysteria-covid-19-1b767def5894

Very interesting read about how COVID-19 is not nearly as dangerous as many believe. Doesn't answer every question but still eye opening.

Good article, but in the end, there should be very little reason to fear COVID-19 itself, and more reason to fear the handling of this. Fact is the government was completely unprepared - now it is a crisis of domino proportions.

There is no actual treatment or vaccine for COVID, and there is also no long-term research on this strain, it is capable of mutating, and as Italy is demonstrating that if let out of control, it is capable of a very alarming death rate amongst infected, which led to the complete shutdown they have. Follow the numbers, but basically 1 in 10 death chance over there right now for a virus that spreads very easily.

So you look to strongly prevent that model. Like we keep saying, check back in a week or two to see how the US ranks in response. Right now the lack of testing is a bigger problem than anything, because they can’t isolate the spread at all. If you had easy testing and health prep for public spaces like Taiwan or Japan, than atleast a sizable population could still work.

If you want to do the math, the number people who died in 9/11 was a tiny, tiny, tiny fraction of a 0.0000001%. If you want to look at the economic, commercial, social and ultimately policy long-term affects of that, it’s a vastly large affect.

So we are already well into grounds for drastic long-term effect. This is WAY less of a crisis than the Fukushima nuclear meltdowns and tsunamis, but look at how well the Japanese government handled that crisis. This “flu on steroids” situation is being mismanaged to no end.

That’s the story that should incite panic. Not the threat of the virus (though it is legitimately potentially dangerous and very smart to prevent getting it or spreading it).

[HomoSapien]

Holy **** your president is beyond terrible

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The president is terrible or the reporter who is attacking him? No matter what their job is to say and write negative things about Trump, how did you expect him to respond?

Jesus... you can’t be serious right now.

[League Circles]

Holy **** your president is beyond terrible

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Beyond embarrassing. Absolutely time for him to get replaced with a more competent leader to handle this - TODAY. Jokes are long over.

I'm honestly surprised that none of the people standing next to him physically attacked him. At some point, probably way to late, someone will just start punching him, or, if it's an SS agent, might actually just shoot him in the head. Very plausible IMO.

[coldfish]

Ronin Capital collapsed today due to the market crashes.

https://www.cnbc.com/2020/03/20/clearing-firm-ronin-capital-unable-to-meet-capital-requirements-at-cme-sources.html

I think a bunch of other financial firms may likely be in trouble, you could see liquidity completely go away from the markets if that is the case. It would cause a massive negative impact to stock prices if that happened.

Some friends were looking at the market with greedy eyes. I was telling them that you shouldn't try to catch a falling knife.

I have no idea what the bottom is but just wait until we start piling up body bags.

I went conservative in a good chunk of my portfolio in September and sold everything in my 401k where I wouldn't get hit with taxes which was about 1/3rd of my assets overall. It's kind of funny, because if it weren't for taxes, I probably would have gone conservative with nearly all of my portfolio, but I wasn't so sure on the bet in September that I wanted to pay a massive tax bill to test my theory because the bar of being right would have been so high.

The bond side of my portfolio which I went into in September was up quite a bit for awhile in the initial market flurry, but now it's down 6%, and I feel stupid for not exiting it earlier too earlier, but I've done so now.

Will sit in cash for awhile and wait to see what happens. The rebound from this market crash is not going to be a V shape like many people thought it would, quick dip due to corona virus panic, then everything is back to normal. Unemployment might be worse than the great depression in a couple months if things go really bad. Even if after things get back to 'normal', it will take a long time for companies to go back into hire mode, because no one will have money to spend, because everyone is out of work, so they won't rebound so fast.

I think I talked myself into going cash with the rest of my portfolio on Monday and just waiting this out. There's every reason to think the downside is a global economic collapse and that the market could contract down by crazy amounts like the sp500 going from 3380 down to 500 and that we also enter a hyper inflationary period afterwards because the government is just going to print a trillion dollars it doesn't have to bail everyone out.

It could easily end up not being that bad, but I don't think I'm going to miss out on a rocket going upwards when this all ends if I go cash now.

Depressions used to be really common. You are already hoarding cash, as am I. Imagine a world where there is no FDIC so its possible to have all your money sitting in the bank and just lose it all in a bank run and even worse, there is a fixed amount of currency in circulation. The hoarders take the amount of currency actually circulating down to zero and the whole economy stops.

That's the scenario that the fed is trying to prevent by turning on the printing press. Beyond that, you can leave your money in the bank without fear of losing it because of the FDIC. That allows banks to loan it out and not call back loans on a bank run.

In the past, depressions were effectively a bunch of people standing around and not having any demand to do anything due to a lack of cash and hoarding.

This one is going to be different. We are actively telling people they can't work. Might end up being the same effect. The nice thing here is that the minute everyone can go back to work, the demand and currency will be there. Not sure how long it will take to get there though. 12-18 months?

I'm not too worried about hyper inflation across the board. My wife's company is already offering discounts to existing customers to continue projects. The short term concern is deflation. Once the economy gets going, the fed will have so many loans and bonds in its portfolio that it can effectively suck up all the excess cash relatively quickly.

[Fl_Flash]

I'm honestly surprised that none of the people standing next to him physically attacked him. At some point, probably way to late, someone will just start punching him, or, if it's an SS agent, might actually just shoot him in the head. Very plausible IMO.

Just wow. This is what is allowed to be posted on these boards?
Someone is advocating putting a bullet into the President of the United States head.
Were this the sacred cow that is Barak Obama, this place would be up in arms. But, since it's Donald Trump - it's OK. Business as usual.

Trump is a buffoon. That's no reason to want him beaten to a pulp or have a bullet in his skull.
I weep for this nation.

[moorhosj]

Just wow. This is what is allowed to be posted on these boards?
Someone is advocating putting a bullet into the President of the United States head.
Were this the sacred cow that is Barak Obama, this place would be up in arms. But, since it's Donald Trump - it's OK. Business as usual.

Trump is a buffoon. That's no reason to want him beaten to a pulp or have a bullet in his skull.
I weep for this nation.

Nobody advocated for him being shot in the head and Obama has nothing to do with it.

I weep for the people of this nation who are dying and will die because of how this crisis has been handled. Maybe focus your outrage on that instead of made-up internet slights.

Surely, you were just as upset about this comment by Trump campaign's New York co-chairhttps://fortune.com/2016/12/24/trump-co-chair-insults-obamas/:

A wealthy businessman who co-chaired president-Elect Donald Trump’s state campaign confirmed to The Associated Press on Friday that he told an alternative newspaper he hoped President Barack Obama would die from mad cow disease and that the first lady would “return to being a male.”

[Bandit King]

Trump and his other buddies only interested in the stock market, they already sold off their stocks. It's in the news!!!

[League Circles]

I'm honestly surprised that none of the people standing next to him physically attacked him. At some point, probably way to late, someone will just start punching him, or, if it's an SS agent, might actually just shoot him in the head. Very plausible IMO.

Just wow. This is what is allowed to be posted on these boards?
Someone is advocating putting a bullet into the President of the United States head.
Were this the sacred cow that is Barak Obama, this place would be up in arms. But, since it's Donald Trump - it's OK. Business as usual.

Trump is a buffoon. That's no reason to want him beaten to a pulp or have a bullet in his skull.
I weep for this nation.

Where did I advocate for violence?????

I said I'm surprised it hasn't happened. Big difference.

[Fl_Flash]

I'm honestly surprised that none of the people standing next to him physically attacked him. At some point, probably way to late, someone will just start punching him, or, if it's an SS agent, might actually just shoot him in the head. Very plausible IMO.

Just wow. This is what is allowed to be posted on these boards?
Someone is advocating putting a bullet into the President of the United States head.
Were this the sacred cow that is Barak Obama, this place would be up in arms. But, since it's Donald Trump - it's OK. Business as usual.

Trump is a buffoon. That's no reason to want him beaten to a pulp or have a bullet in his skull.
I weep for this nation.

Where did I advocate for violence?????

I said I'm surprised it hasn't happened. Big difference.

Rationalize away. You were wishing they'd go out for a walk in the park and some ice cream.
How could I have been mistaken.
Carry on.

[League Circles]

Just wow. This is what is allowed to be posted on these boards?
Someone is advocating putting a bullet into the President of the United States head.
Were this the sacred cow that is Barak Obama, this place would be up in arms. But, since it's Donald Trump - it's OK. Business as usual.

Trump is a buffoon. That's no reason to want him beaten to a pulp or have a bullet in his skull.
I weep for this nation.

Where did I advocate for violence?????

I said I'm surprised it hasn't happened. Big difference.

Rationalize away. You were wishing they'd go out for a walk in the park and some ice cream.
How could I have been mistaken.
Carry on.

It was an observation on human nature. Normally when people act like that for long enough, others around them can't help themselves eventually and resort to their base instincts, which is to start punching. I believe very strongly in the rule of law, above any other political values, and I do not think anyone should attempt extrajudicial violence against a political leader. That said, people often don't do what they should. In stressful circumstances people often lose their better judgements and start doing things like punching a reckless bafoon who is saying wild things to distract from unbelievably crucial topics.

[Fl_Flash]

Where did I advocate for violence?????

I said I'm surprised it hasn't happened. Big difference.

Rationalize away. You were wishing they'd go out for a walk in the park and some ice cream.
How could I have been mistaken.
Carry on.

It was an observation on human nature. Normally when people act like that for long enough, others around them can't help themselves eventually and resort to their base instincts, which is to start punching. I believe very strongly in the rule of law, above any other political values, and I do not think anyone should attempt extrajudicial violence against a political leader. That said, people often don't do what they should. In stressful circumstances people often lose their better judgements and start doing things like punching a reckless bafoon who is saying wild things to distract from unbelievably crucial topics.

thank you for the clarification.

So, do you go around punching folks who routinely say stupid things? In this day and age I'd think you'd have very sore knuckles by now.

Myself, I try to understand the other person. Engage in dialog. Try to see where they're coming from. I'm pretty sure I"ve said (and done) a lot of stupid things in my time. I've yet to be pummeled by those around me. I gotta get out more.

[Chicago-Bull-E]

Holy **** your president is beyond terrible

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The president is terrible or the reporter who is attacking him? No matter what their job is to say and write negative things about Trump, how did you expect him to respond?

You are an example of the people that support him, the evidence hits you right in the face and you someone attempt to twist the situation in the most asinine way possible. JFC

[Taikuri]

Holy **** your president is beyond terrible

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In Trump's defense, usually most stuff he says is taken out of context and this clip seems to be as well. I mean I'd hate some of those reporters or TV networks as well if I had to deal with a lot of that BS they write about him. Trump isn't perfect and sometimes the reporters that want his blood are right but also very often it's some BS. I have a quite neutral opinion about Trump and he's not my president anyways as I'm not American, but big part of the media should give him a break. In my eyes American & World press has lost a lot of credibility since Trump's presidency. Trump is very often doing the right thing by calling them out.

[HomoSapien]

There’s some bull **** takes in this thread.

[Taikuri]

The president is terrible or the reporter who is attacking him? No matter what their job is to say and write negative things about Trump, how did you expect him to respond?

1: How was that question something that was negative about Trump?

2: I'd expect the President of the United States to not respond like a 1st grader regardless of the question.

I think Trump probably had a problem with that guy's TV station / network and didn't even want to answer him no matter what he asked. Sometimes we've seen Trump do that before...

I mean it's not the most presidential way to attack the reporter or TV station like that, but that is what Trump does. In the end Obama wasn't much better than Trump and neither was Bush. USA's president seems to very often be a quite hated figure no matter what so what ever.

Let's get back to the Coronavirus topic anyways.