Coronavirus

[P.C.]

I don't think this is the bottom. I don't think it's really even hit this country. I think this is just a bump from the stimulus. I would wager that it'll be a week or two till it hits and then it'll last a few weeks. I think we're looking at a two month time table.

Completely agree. We’re nowhere near the bottom.

[TheStig]

I don't think this is the bottom. I don't think it's really even hit this country. I think this is just a bump from the stimulus. I would wager that it'll be a week or two till it hits and then it'll last a few weeks. I think we're looking at a two month time table.

Completely agree. We’re nowhere near the bottom.

I am amazed at how quick the fall has been. The Dow was nearly at 30k and then just dropped to 18k before todays bump.

[bullsnewdynasty]

The market bump is fool's gold, the market is going to keep tumbling down.

Don't get tricked. Country shut down = no income, entire sectors are going to go belly up which means mass unemployment. This is just getting started. Be careful out there with your money.

[dice]

less than 2 weeks ago it was only 47% approve. which was preposterous given that he was calling it a hoax

2 weeks ago, the majority of the nation may have felt it was not a significant threat though, so that's very believable to me.

of course. and many if not most of those didn't feel that it was a significant threat because the "leader" of the free world was telling them that

[dice]

agree that you should cross check, but not every news service has a political angle to work. in fact, there is only 1 mainstream news organization whose followers are less informed than people who don't actively follow any news source. and i think we know who that is

MSNBC? Huffington Post? CNN?

wrong x 3

https://www.businessinsider.com/study-watching-fox-news-makes-you-less-informed-than-watching-no-news-at-all-2012-5

feel free to try and paint business insider as left wing now

[dice]

MSNBC? Huffington Post? CNN?

Nah, but you knew that.

A new study by Bruce Bartlett, a conservative economist, top official in the H.W. Bush administration and domestic policy adviser to Ronald Reagan, concluded that Fox News viewers tend to be less informed and engage in "self-brainwashing."

You can read the study yourself: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2604679

You're funny!

So, because someone has a different economic and political bent than you - they must be brainwashed?
You're so intellectually engaged.

name-calling about intellectualism and you didn't even read his post

that's an insider CONSERVATIVE source telling you what you should have already known about the active misleading of conservatives by a "news" channel (actually registered as an entertainment channel) created by a republican political operative for the purpose of party propaganda

and the fact that you lump CNN and MSNBC in together just goes to show how much the right wing media has warped the minds of its constituency. CNN was widely seen as unbiased for a LONG time before fox news came on the scene and changed the narrative. fox produced a bubble environment for its viewers that further polarized the political discussion. suddenly every outlet who wasn't with them was against them. MSNBC shifted to become a distinctly left-wing counterpoint to fox news because that perspective didn't exist in mainstream media prior! and now things are so polarized that it has opened the door for a congenital liar and culture troll to exploit the long dormant underbelly of the birther party. now, outlets like CNN are FORCED to report on his outrageous lies, and so CNN is now fully considered "liberal mainstream media" by a brainwashed right wing. that, my friend, is what's known as the self-fulfilling prophecy of victimization

[bullsnewdynasty]

What a bunch of nonsense....

As if Japan, Italy, the UK, Australia, China, New Zealand, Iran, etc. all got on a conference call with the American “left” and decided that the world economy is secondary to beating Trump in the next election.....

This is as absurd as the birther nonsense.. Obama was born in Kenya and somehow managed a birth announcement in a Hawaiian newspaper... it was a conspiracy by the left... they uhhh, either time traveled or were so wickedly powerful that they knew a baby born in Kenya was their one hope to lead, so they put in the birth announcement and moved the pieces so that baby Obama would one day lead....

But hey, maybe it’s all true... maybe they’re running the world from their Comet ping pong pizza lair, in that invisible, non existent basement.


Damn, if “democrats” are that powerful at putting things into motion.... how exactly do they ever lose an election, let alone a vote in the senate...

Trump didn't issue stay at home orders, the Democrat governors did. But I'm sure Trump will get blamed for the resulting 30% unemployment and GDP contraction though if this continues for any length of time.

You cannot shut down your economy without major consequences. Entire sectors are in the process of getting wiped out, yet people here are actively encouraging more shutdowns and stay at home orders. It's not sustainable and will lead to mass unemployment and bankruptcies on a scale that hasn't been seen since the Great Depression.

I didn’t say Trump issued shutdowns, you stated that these shutdowns were put in place my Dems as an attempt to purposely harm the economy to hurt Trump.... which is absurd given that Dems don’t run the world, Republican governors have also had **** downs, and Dems aren’t ruling and shutting down other countries. Dems also face risks in losing their positions of power for shut downs.

What Trump has, rightfully, taken blame for is his mishandling of this. His downplaying the threat and in turn allowing the threat to get to a point that even he could no longer deny its existence.

Ok, so what would you have done?

Biden and Sanders never even committed to close travel from the EU. So much for leadership there - they have no plan whatsoever.

Biden actually OPPOSED the travel restriction from China on January 31st, which was probably the single biggest factor for why the US is much better off than the EU.

[Kurt Heimlich]

These stimulus/relief package numbers are bonkers. 2 Trillion in relief spending with an additional 4 Trillion in federal reserve "lending". Crazy play money numbers.

[Dresden]

This is what you are replying to:

Sorry, I didn't see the original....

[dice]

Trump didn't issue stay at home orders, the Democrat governors did. But I'm sure Trump will get blamed for the resulting 30% unemployment and GDP contraction though if this continues for any length of time.

You cannot shut down your economy without major consequences. Entire sectors are in the process of getting wiped out, yet people here are actively encouraging more shutdowns and stay at home orders. It's not sustainable and will lead to mass unemployment and bankruptcies on a scale that hasn't been seen since the Great Depression.

I didn’t say Trump issued shutdowns, you stated that these shutdowns were put in place my Dems as an attempt to purposely harm the economy to hurt Trump.... which is absurd given that Dems don’t run the world, Republican governors have also had **** downs, and Dems aren’t ruling and shutting down other countries. Dems also face risks in losing their positions of power for shut downs.

What Trump has, rightfully, taken blame for is his mishandling of this. His downplaying the threat and in turn allowing the threat to get to a point that even he could no longer deny its existence.

Ok, so what would you have done?

not called it a hoax, for starters

not told people it was ok to go to work with the virus

not told people that it would magically wash away "like a miracle" when the weather warmed up

not lied about having a vaccine close to being ready

not told the nation from the oval office that there was going to be a travel ban to europe when their wasn't

not told people in the same speech that insurance companies would cover treatment for free...when they weren't

not told people that he had a "hunch" that the death rate was only a fraction of 1%

not told people in early march that anyone who wants a test can get one

not disbanded the pandemic response team 2 years ago

not continued to call for budget cuts to the CDC and NIH

not race baited by calling it the "chinese virus"

not suppressed the CDC's recommendation that seniors stay off planes

i'd keep going but i don't feel like it

the reality is that each and every one of us being properly informed is far, FAR more important than decisions about travel restrictions to foreign nations. the virus is already here in a big way. but since you brought up travel bans, health experts say they don't work:

https://www.statnews.com/2020/01/31/as-far-right-calls-for-china-travel-ban-health-experts-warn-coronavirus-response-would-suffer/

and by the way, we DON'T know that europe has a bigger problem than we do. because we haven't tested like they have and are at an earlier stage in the process

[AKfanatic]

Trump didn't issue stay at home orders, the Democrat governors did. But I'm sure Trump will get blamed for the resulting 30% unemployment and GDP contraction though if this continues for any length of time.

You cannot shut down your economy without major consequences. Entire sectors are in the process of getting wiped out, yet people here are actively encouraging more shutdowns and stay at home orders. It's not sustainable and will lead to mass unemployment and bankruptcies on a scale that hasn't been seen since the Great Depression.

I didn’t say Trump issued shutdowns, you stated that these shutdowns were put in place my Dems as an attempt to purposely harm the economy to hurt Trump.... which is absurd given that Dems don’t run the world, Republican governors have also had **** downs, and Dems aren’t ruling and shutting down other countries. Dems also face risks in losing their positions of power for shut downs.

What Trump has, rightfully, taken blame for is his mishandling of this. His downplaying the threat and in turn allowing the threat to get to a point that even he could no longer deny its existence.

Ok, so what would you have done?

Biden and Sanders never even committed to close travel from the EU. So much for leadership there - they have no plan whatsoever.

Biden actually OPPOSED the travel restriction from China on January 31st, which was probably the single biggest factor for why the US is much better off than the EU.

Closing travel to from the EU, while making it clear “those restrictions will not apply to the UK”....

Yeah that’s some quality leadership. It’s not as if folks in the EU don’t often go from the UK to the US. It’s not as if the UK didn’t have 460 confirmed cases when that was announced. It’s not as if those 460 cases were with minimal testing in a country which, at the time, was operating under the theory of letting “young” folks go about their day as if nothing was happening was a good way to attack the crisis.

How many cases in NY do you think directly involved people coming from the UK.


Biden... Sanders... who is in charge right now? who has been failing in many regards to handling the crisis?


What does any of that have to do with your repeated statements that this is all about Democrats trying to tank the economy to hurt Trump? You’ve repeated that nonsense numerous times and yet when asked to explain how those dastardly Dems managed to get all those other countries to close down and risk their own economies, you go back to some other BS attempt to change the subject in an attempt to attack some other Dem boogeyman....

Respond how you like, im done with you until you explain your theory of how the Dems have somehow got numerous countries to close shop in some Derp State conspiracy to hurt the naked emperor...

[AKfanatic]

These stimulus/relief package numbers are bonkers. 2 Trillion in relief spending with an additional 4 Trillion in federal reserve "lending". Crazy play money numbers.

“Universal Healthcare, how are you going to pay for that?”

“Climate change, how are you going to pay for that?”

The GOP seems to always have zero problem finding money to pay Wall Street and corporate donors...

[coldfish]

These stimulus/relief package numbers are bonkers. 2 Trillion in relief spending with an additional 4 Trillion in federal reserve "lending". Crazy play money numbers.

People really don't have a good feel for how the fed works. They will print money and then buy loans with them. As the loans get paid back or if the fed decides to sell them, the money comes back to the fed and they destroy it.

Its basically the fed's job to keep the same amount of money in circulation. In severe downturns, people tend to hoard cash and pull it out of circulation. As we saw with toilet paper, that can do weird things. Most of the depressions and severe recessions 100+ years ago were caused by bank runs and people hoarding the fixed amount of money in circulation, preventing anyone else from carrying out transactions. That can't happen now. No matter how much cash Doug puts in his mattress, the fed will just make more.

[dice]

bill gates saying that we should have implemented stay-at-home orders in january to potentially avoid mandatory business shutdowns, but now that we're where we are we should continue shutdowns for 6 to 10 weeks

https://www.vox.com/recode/2020/3/24/21192638/coronavirus-bill-gates-trump-reopen-business?fbclid=IwAR04Nrdn-ztjOwQlnrra_wHPtjO75Rz0M5qYyzs-9OTVUBYBSU1CtVIC6j0

[AKfanatic]

https://www.nature.com/articles/d41586-020-00660-x

Why does the coronavirus spread so easily between people?

Researchers have identified microscopic features that could make the pathogen more infectious than the SARS virus — and serve as drug targets.

Spiky invader
To infect a cell, coronaviruses use a ‘spike’ protein that binds to the cell membrane, a process that's activated by specific cell enzymes. Genomic analyses of the new coronavirus have revealed that its spike protein differs from those of close relatives, and suggest that the protein has a site on it which is activated by a host-cell enzyme called furin.

This is significant because furin is found in lots of human tissues, including the lungs, liver and small intestines, which means that the virus has the potential to attack multiple organs, says Li Hua, a structural biologist at Huazhong University of Science and Technology in Wuhan, China, where the outbreak began. The finding could explain some of the symptoms observed in people with the coronavirus, such as liver failure, says Li, who co-authored a genetic analysis of the virus that was posted on the ChinaXiv preprint server on 23 February2. SARS and other coronaviruses in the same genus as the new virus don't have furin activation sites, he says.

More at link

[dice]

india going on complete lockdown for 3 weeks despite only 500+ reported cases

[Ccwatercraft]

bill gates saying that we should have implemented stay-at-home orders in january to potentially avoid mandatory business shutdowns, but now that we're where we are we should continue shutdowns for 6 to 10 weeks

hes probably right, but then again easy for me to agree with 20/20 hindsight.

in the long run this should, assuming we are responsible, improve preparation, response, decision making on all levels, family units on up.

[Ccwatercraft]

india going on complete lockdown for 3 weeks despite only 500+ reported cases

that could get interesting, with how tight they are packed in some areas, it could turn into a wildfire.

[Dresden]

These stimulus/relief package numbers are bonkers. 2 Trillion in relief spending with an additional 4 Trillion in federal reserve "lending". Crazy play money numbers.

“Universal Healthcare, how are you going to pay for that?”

“Climate change, how are you going to pay for that?”

The GOP seems to always have zero problem finding money to pay Wall Street and corporate donors...

I was fantasizing that this pause in the normal economy would be a great time to implement a new "green deal", now that so many of the cars, buses, trains, and planes are idle. While it's terrible what is happening, it's also been very good for the planet in that whenever the economy slows, less pollution is produced, less green house gases, less resources used up, etc. I've noticed how much more clearly I can hear birds singing outside my apartment now in the morning, with the absence of so much car noise.

It would be awesome if we could re-engineer society to move in a different direction when we are able to go back to "normal", i.e., introduce much more mass transit to keep cars off the roads, learn to live, consume, and produce more within a local or regional economy, rather than relying so much on goods produced abroad, go back to more craft forms of production instead of massive factory production, and simpler, smaller forms of businesses, rather than having mega corporations like Walmart, Google, Amazon, and JP Morgan being so all-powerful. I think with more global disruptions likely to occur in the future, people and communities may be forced to become more self reliant once again, the way we were 200 years ago.

[Dresden]

india going on complete lockdown for 3 weeks despite only 500+ reported cases

that could get interesting, with how tight they are packed in some areas, it could turn into a wildfire.

India, Africa, South America- these places could be hit extremely hard, worse than anything we are seeing now in China or Europe or the US.