fxfox Posted March 20, 2020 Report Share Posted March 20, 2020 8 minutes ago, sandy beach said: Cases confirmed in Italy will surpass those reported in Wuhan as confirmed in a few days. I haven't heard of social unrest there yet. How is Germany doing? Anxiety and major depression seems to be more of what I see so far. Right now people are quite calm. I think that has pretty much to do with that they think it will be like 2008: People in finance lose jobs and some others too, but not so many. Was to a good part an isolated problem for folks in finance. Now, every single part of the economy got hit hard, not only that, but also very quickly without any warning. People start to realize more and more which impact that will have. Link to comment Share on other sites More sharing options...
potatohead Posted March 20, 2020 Report Share Posted March 20, 2020 been absolutely crazy in my world. retail dealers continue to gouge the public. Posted bids for metal buybacks on these online sites are ghost bids. There to create the high offer prices. Lee had some great thoughts and commentary today. Hope everyone is safe. Link to comment Share on other sites More sharing options...
DrStool Posted March 20, 2020 Author Report Share Posted March 20, 2020 THe only place that will have social unrest is the US. This plays right into Trump's hands. There will be no elections in November. Link to comment Share on other sites More sharing options...
Jorma Posted March 20, 2020 Report Share Posted March 20, 2020 Things are surprisingly normal here in West Michigan. Manufacturing is winding down but going. Supply for same goes on. Food distribution continues. Of course health care is a gigantic industry that goes on. People are moving about. Highways active. C Stores too. That's how it is. Simple mindfulness, not going out if sick or if you know you have been in contact with somebody who is, and then simple precautions about hands and face and mouth. Link to comment Share on other sites More sharing options...
aussiebear Posted March 20, 2020 Report Share Posted March 20, 2020 Yep, same here. Biz as usual but then my town is way out in the boonies, nearest covid-19 cases are 600 km away in the state capital. Gyms, schools, shops, mines, airport, trains all operating as per normal. Only 64 cases in the state so far but steadily increasing .. Link to comment Share on other sites More sharing options...
Jimi Posted March 20, 2020 Report Share Posted March 20, 2020 I'd betchya the closest COVID-19 case is a lot closer than 600km away from you. Just sayin'.... They're simply gonna have to shut the country down this weekend. Trump administration's incompetent feckless delays have left no alternative. https://www.nytimes.com/interactive/2020/03/20/us/coronavirus-model-us-outbreak.html?action=click&module=Spotlight&pgtype=Homepage Hard times. Dead ahead. Link to comment Share on other sites More sharing options...
sandy beach Posted March 20, 2020 Report Share Posted March 20, 2020 4 minutes ago, Jimi said: I'd betchya the closest COVID-19 case is a lot closer than 600km away from you. Just sayin'.... They're simply gonna have to shut the country down this weekend. Trump administration's incompetent feckless delays have left no alternative. https://www.nytimes.com/interactive/2020/03/20/us/coronavirus-model-us-outbreak.html?action=click&module=Spotlight&pgtype=Homepage Hard times. Dead ahead. Good chance of national guard in the next week - probably not martial law - but a show of force to prevent things breaking out of control. What concerns me most right now is how fast we can increase the number of ventilators and Extracorporeal membrane oxygenation devices (ECMO) in the next couple of months. A clinician is going to be less worried if the patient is dying of X than if the patient isn't able to breath and they can't do anything about it. We need oxygen. My second concern is PPE personal protective equipment for medical workers. If we have those two things ready I care a whole lot less about testing in term of immediate impact. Testing is very good in some regions and will only get better. Testing is nonexistent in other areas of the US and we need to start sampling in those areas as part of a national program ASAP. The longer term issues... that's a whole matter entirely. Stay safe! Link to comment Share on other sites More sharing options...
Jimi Posted March 21, 2020 Report Share Posted March 21, 2020 "What concerns me most right now is how fast we can increase the number of ventilators and Extracorporeal membrane oxygenation devices (ECMO) in the next couple of months. A clinician is going to be less worried if the patient is dying of X than if the patient isn't able to breath and they can't do anything about it. We need oxygen. My second concern is PPE personal protective equipment for medical workers. If we have those two things ready I care a whole lot less about testing in term of immediate impact. " Truth. Link to comment Share on other sites More sharing options...
aussiebear Posted March 21, 2020 Report Share Posted March 21, 2020 2 hours ago, Jimi said: I'd betchya the closest COVID-19 case is a lot closer than 600km away from you. Yes, no doubt. Should have said known covid-19 cases. Link to comment Share on other sites More sharing options...
DrStool Posted March 21, 2020 Author Report Share Posted March 21, 2020 Stimulus now $2 trillion. Trump is using the threat of mass death to bankrupt the country and buy the election to install himself as ruler for life. This is going to be even worse than I thought. Link to comment Share on other sites More sharing options...
SiP Posted March 21, 2020 Report Share Posted March 21, 2020 https://tlaib.house.gov/sites/tlaib.house.gov/files/Automatic Boost to Communities Act .pdf mint the coin Link to comment Share on other sites More sharing options...
SiP Posted March 21, 2020 Report Share Posted March 21, 2020 Is there any limit on fiscal deficits nowadays? Or everything could be monetized by central bank? US is going into deficit of 15% of GDP. What next? Discuss. Link to comment Share on other sites More sharing options...
SiP Posted March 21, 2020 Report Share Posted March 21, 2020 [Reuters[ Germany mulling half-trillion-euro support fund for corona-struck firms, Der Spiegel says https://www.reuters.com/article/us-health-coronavirus-germany-fund/germany-mulling-half-trillion-euro-support-fund-for-corona-struck-firms-der-spiegel-says-idUSKBN21717T Link to comment Share on other sites More sharing options...
SiP Posted March 21, 2020 Report Share Posted March 21, 2020 A Covid-19 Supply Chain Shock Born in China Is Going Global https://www.bloomberg.com/news/articles/2020-03-20/a-covid-19-supply-chain-shock-born-in-china-is-going-global?srnd=markets-vp Link to comment Share on other sites More sharing options...
fxfox Posted March 21, 2020 Report Share Posted March 21, 2020 1 hour ago, DrStool said: Stimulus now $2 trillion. Trump is using the threat of mass death to bankrupt the country and buy the election to install himself as ruler for life. This is going to be even worse than I thought. not even that package will help stocks. We are going to tripple digits in S&P. Next week in Europe everything will completely break down. The moment DAx breaks thru 8000 will open the floodgates. The other day I posted the DAX chart where it was easily to see how mega important it is that 8000 holds. It will not. In todays interconnected world it is absolutely impossible that Europe goes completely down the drain but the US prosper, will not happen. Impossible. Link to comment Share on other sites More sharing options...
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