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Started By
Message
Can I just point out that while we are all talking virus, the REAL question here
Posted on 3/13/20 at 2:10 pm
Posted on 3/13/20 at 2:10 pm
is
What exactly will result from the current worldwide economic experiment we are doing whereby we bring the velocity of money to a near halt for a month?
Cause this thing has a 24 day incubation period.
I'm not going to claim to have an answer but I do know this. It has NEVER been tried before...……..in all of world history.
Good luck
What exactly will result from the current worldwide economic experiment we are doing whereby we bring the velocity of money to a near halt for a month?
Cause this thing has a 24 day incubation period.
I'm not going to claim to have an answer but I do know this. It has NEVER been tried before...……..in all of world history.
Good luck
8
Posted on 3/13/20 at 2:12 pm to ShortyRob
This will definitely make the crash of 2008 look like child’s play. This, like you said, is unprecedented. We’re going to learn a lot in the next couple years, economically speaking.
Posted on 3/13/20 at 2:14 pm to ShortyRob
Hard to say. I know I am going to be on another call later today (yesterday our entire firm went to 1/2 time & 1/2 pay) where if I am still employed at the end of the call I will be surprised. The financial services industry (I am a investment banker) is getting killed. Not by the virus but by the surrounding hype.
Posted on 3/13/20 at 2:18 pm to TDsngumbo
quote:
This will definitely make the crash of 2008 look like child’s play. This, like you said, is unprecedented. We’re going to learn a lot in the next couple years, economically speaking.
I'll be blunt
I think it's possible the economic damage will make it such that we were probably better off just letting whomever was going to die...…….die
Posted on 3/13/20 at 2:18 pm to ShortyRob
This is not being well handled. It’s a disaster at this point.
Are you tired of winning yet?
Are you tired of winning yet?
Posted on 3/13/20 at 2:19 pm to TBoy
quote:
his is not being well handled. It’s a disaster at this point. Are you tired of winning yet?
Blaming Trump for the panic just shows you to be a moron
Posted on 3/13/20 at 2:20 pm to ShortyRob
Delete
This post was edited on 3/13/20 at 2:21 pm
Posted on 3/13/20 at 2:21 pm to ShortyRob
quote:
I think it's possible the economic damage will make it such that we were probably better off just letting whomever was going to die...…….die
Probably not a popular opinion but correct in my view.
This post was edited on 3/13/20 at 2:22 pm
Posted on 3/13/20 at 2:21 pm to TBoy
quote:
This is not being well handled. It’s a disaster at this point.
fricking loser
Posted on 3/13/20 at 2:25 pm to ShortyRob
quote:
I think it's possible the economic damage will make it such that we were probably better off just letting whomever was going to die...…….die
I would much rather keep my parents, aunts, uncles, and older friends alive and healthy and have the market crash to zero than the other way around.
Posted on 3/13/20 at 2:27 pm to PrinceVegeta
quote:Of course.
I would much rather keep my parents, aunts, uncles, and older friends alive and healthy and have the market crash to zero than the other way around.
So would I
But, that's not how one makes national decisions.
I'd rather my children never die in a car accident. We should force the govt to fund making all cars NASCAR crash compliant.
Or, yeah. Maybe that's a fricking bad idea!
Posted on 3/13/20 at 2:27 pm to ShortyRob
Where are you getting a 24 day incubation period? I’ve seen recent estimates that it’s about 5 days, which is similar to SARS. Some people at the tail of the distribution incubated for almost two weeks, but nowhere have I seen a reputable estimate even close to 24 days.
LINK
LINK
Posted on 3/13/20 at 2:27 pm to PrinceVegeta
quote:
I would much rather keep my parents, aunts, uncles, and older friends alive and healthy and have the market crash to zero than the other way around.
Nobody gets out of life alive.
Posted on 3/13/20 at 2:28 pm to ShortyRob
quote:
I'm not going to claim to have an answer...
You had an answer when discussing this with me, you said...
quote:
Economics. Velocity of money is a thing. Freezing it for a month is catastrophic
Of course I called bullshite on you, glad you admit you don't really know.
Posted on 3/13/20 at 2:29 pm to TBoy
quote:
Are you tired of winning yet?
You never tire of being a worthless piece of shite so we'll never tire of winning.
Posted on 3/13/20 at 2:29 pm to TBoy
You really are a fricking piece of shite
If we aren’t handling this well what would you call how Europe is doing?
Crow and root for more death?
Why isn’t this millions of cases worldwide yet? Your numbers are shite. You need to do your part to spread it.
If we aren’t handling this well what would you call how Europe is doing?
Crow and root for more death?
Why isn’t this millions of cases worldwide yet? Your numbers are shite. You need to do your part to spread it.
Posted on 3/13/20 at 2:30 pm to TBoy
quote:
Tboy
Get Obama’s D out your mouth
Posted on 3/13/20 at 2:30 pm to king tholomon
quote:
Where are you getting a 24 day incubation period? I’ve seen recent estimates that it’s about 5 days, which is similar to SARS. Some people at the tail of the distribution incubated for almost two weeks, but nowhere have I seen a reputable estimate even close to 24 days.
It would appear that more recent numbers are driving it down and I hope they're right. In early March, they were saying it could stretch to 24 days.
That said. Kids seem to be completely asymptomatic carriers along with many younger people
Which is itself an issue.
Posted on 3/13/20 at 2:30 pm to TBoy
quote:
Are you tired of winning yet?
America will have one of the lowest death rates because universal healthcare and open borders sucks arse.
That's winning in my book.
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