Economy stonks only go up v6.1

[Parmenides]

...exactly?

i don't think the virus, itself, warrants any impact. what's causing the impact is over-reactions and fearmongering. the shutdowns are worse than the virus. and given that the shutdowns aren't due to economic/bad business, but a new flu...

Well yeah thats the point..

 

[Parmenides]

lolz @ calling not devaluing companies by ~50% based on a potential drop (and some with gains) for a month or two.... merely "hope."

yeah, fearmongering insanity.



...it really is.

Nah its just that i have seen this play out before..went thru 3 bull cycles and 2 bear markets since the 90s..the market can go much longer and harder down than you believe

Many people still in denial about the economic impact just like they were about the virus..when everyone gives up and last bulls like you turn bearish thats when we will hit the bottom

 

[Rob Battisti]

...exactly?

i don't think the virus, itself, warrants any impact. what's causing the impact is over-reactions and fearmongering. the shutdowns are worse than the virus. and given that the shutdowns aren't due to economic/bad business, but a new flu...

“I said the virus wouldn’t be a blip to the economy not that the REACTION to the virus wouldn’t be.”

sigh

 

[shockaholic12]

S Korea is reporting 152 deaths. Is this the same number you’re using?

Bankrupt millions of people over 30 deaths?!?!?

The US has 30x that amount of deaths already and that number has been increasing exponentially so let's go off the numbers in our reality.

The health system we provide to our citizens is entirely unequipped to provide rooms, staff, and the equipment to treat our workers if they go back out there all get sick around the same time. There's no way around that. Everyone knows it and that's one of the big reason's market's hurting. Until Trump and team provide solutions the only one is to flatten the curve so services are less overloaded.

You can tell someone "hey, get let's all get back out there make some money!" but then they ask " Will there be care for us when a lot of us or our loved ones at home become very sick?". And right now the answer is "Care? LOL good like at even scoring a test let alone getting a bed, seeing doctor, or getting a ventilator.". So naturally most human will place their and their loved one's health as priority one.

 

[shockaholic12]

...exactly?

i don't think the virus, itself, warrants any impact. what's causing the impact is over-reactions and fearmongering. the shutdowns are worse than the virus. and given that the shutdowns aren't due to economic/bad business, but a new flu...

"Worse" is pretty vague here, what do you think is specifically worse about shutdown than the virus?

EDIT: I asked because I've looked into it and the 2008 recession and even as far back as black tuesday have been studied and there wasn't an increase of deaths. Yes, more suicides which is concerning but it was off-set by less traffic accidents, work place deaths etc. So numbers wise a bad recession hasn't been shown to increase deaths where as the virus seems to certainly be doing such.

 

[rob mafia]

Nah its just that i have seen this play out before..went thru 3 bull cycles and 2 bear markets since the 90s..the market can go much longer and harder down than you believe

Many people still in denial about the economic impact just like they were about the virus..when everyone gives up and last bulls like you turn bearish thats when we will hit the bottom

...i'm not even a bull.

"Worse" is pretty vague here, what do you think is specifically worse about shutdown than the virus?

...like, all of it?

i think my gf and i already had the corona cold. it was barely noticeable.

“I said the virus wouldn’t be a blip to the economy not that the REACTION to the virus wouldn’t be.”

sigh

you're missing the point - i didn't think we'd shut down the country. and i think the shutdown is a huge mistake. we're fucking over ourselves and blaming the virus for our own stupid reactions.

it's not like company x has a bad business model/etc. i don't think company x's valuation should be cut in half with even a full 6 months of jack shit, let alone what's actually happening.

 

[Letssnuggle]

The US has 30x that amount of deaths already and that number has been increasing exponentially so let's go off the numbers in our reality.

The health system we provide to our citizens is entirely unequipped to provide rooms, staff, and the equipment to treat our workers if they go back out there all get sick around the same time. There's no way around that. Everyone knows it and that's one of the big reason's market's hurting. Until Trump and team provide solutions the only one is to flatten the curve so services are less overloaded.

You can tell someone "hey, get let's all get back out there make some money!" but then they ask " Will there be care for us when a lot of us or our loved ones at home become very sick?". And right now the answer is "Care? LOL good like at even scoring a test let alone getting a bed, seeing doctor, or getting a ventilator.". So naturally most human will place their and their loved one's health as priority one.

So you did purposely use S. Korea’s numbers regardless of the fact they only reported 152 deaths.

And instead of using Americas actual numbers, you want to use S Korea’s, just apply their’s to America’s..with 152 deaths as “the” standard. How does anyone make the claim that “1 in five below the age of 60 who got corona died in S Korea” without pointing out only 152 in the entire country died!!!!????????? So dishonest.

Let’s use Texas. 38 deaths. You fucking want to shut down all of Texas for 38 deaths?????!!!!!!!!! Wtf is this nonsense?

You want to talk about reality! Here’s god damn reality. People in Texas aren’t quarantining jack-shit. There are thousands of people in Galveston hanging out - right now. Google it. There are hundreds fishing, grouped up, anywhere they have access to the water. This is a god damn payed vacation! It Sunday, they’re out and about because there’s no work for them tomorrow. Courtesy of those who actually pay taxes.

There won’t be enough beds? Can you even tell me how many beds there currently are? And how many we will need? If you can’t, you’re so full of shit.

 

[shockaholic12]

So you did purposely use S. Korea’s numbers regardless of the fact they only reported 152 deaths.

And instead of using Americas actual numbers, you want to use S Korea’s, just apply their’s to America’s..with 152 deaths as “the” standard. How does anyone make the claim that “1 in five below the age of 60 who got corona died in S Korea” without pointing out only 152 in the entire country died!!!!????????? So dishonest.

Let’s use Texas. 38 deaths. You fucking want to shut down all of Texas for 38 deaths?????!!!!!!!!! Wtf is this nonsense?

You want to talk about reality! Here’s god damn reality. People in Texas aren’t quarantining jack-shit. There are thousands of people in Galveston hanging out - right now. Google it. There are hundreds fishing, grouped up, anywhere they have access to the water. This is a god damn payed vacation! It Sunday, they’re out and about because there’s no work for them tomorrow. Courtesy of those who actually pay taxes.

There won’t be enough beds? Can you even tell me how many beds there currently are? And how many we will need? If you can’t, you’re so full of shit.

Lol...you realize you posted S. Korea stats and tried to relate it to the US and I only responded showing it did kill a significant portion under 60 over there. Not sure why suddenly the topic of S. Korea stats you brought up is now making you super emotional. Weird.

https://khn.org/morning-breakout/am...-between-patients-searching-for-alternatives/

Here's about a dozen different articles highlighting a wide range of shortages at hospitals from hospital beds, to life saving ventilators, to life saving protective equipment for the staff (you seem to assume we should be forcing this health care workers to take on more cases without proper equipment to keep them safe themselves so other folks can get back to cashing checks lol).

But go ahead and keep spazzing about dummies going fishing in Texas like that means anything.

Answer this, if you want everyone to go back to work which immediate family member would you nominate to not receive care, a bed in a hospital, or a ventilator should they become critically ill from the virus? It's a fact that those choices will have to be made if we all rush back out there. You seem to think we should all be ready to sacrifice that to get back to work so you cool with your lady not getting a ventilator if she needs one so I can get paid? Your sibling or parent?

Also you cool to volunteer down at the hospital to help with sick folks without having any safety equipment provided to you to get the economy back up and running? Who wouldn't want their lives risked at work everyday even though it could be avoided, right?

Looks like containment is working...better stop it right? https://www.nytimes.com/2020/03/29/...action=click&module=Spotlight&pgtype=Homepage

 

[rob mafia]

Looks like containment is working

lolz

 

[Letssnuggle]

Lol...you realize you posted S. Korea stats and tried to relate it to the US and I only responded showing it did kill a significant portion under 60 over there. Not sure why suddenly the topic of S. Korea stats you brought up is now making you super emotional. Weird.

https://khn.org/morning-breakout/am...-between-patients-searching-for-alternatives/

Here's about a dozen different articles highlighting a wide range of shortages at hospitals from hospital beds, to life saving ventilators, to life saving protective equipment for the staff (you seem to assume we should be forcing this health care workers to take on more cases without proper equipment to keep them safe themselves so other folks can get back to cashing checks lol).

But go ahead and keep spazzing about dummies going fishing in Texas like that means anything.

Answer this, if you want everyone to go back to work which immediate family member would you nominate to not receive care, a bed in a hospital, or a ventilator should they become critically ill from the virus? It's a fact that those choices will have to be made if we all rush back out there. You seem to think we should all be ready to sacrifice that to get back to work so you cool with your lady not getting a ventilator if she needs one so I can get paid? Your sibling or parent?

Also you cool to volunteer down at the hospital to help with sick folks without having any safety equipment provided to you to get the economy back up and running? Who wouldn't want their lives risked at work everyday even though it could be avoided, right?

Looks like containment is working...better stop it right? https://www.nytimes.com/2020/03/29/...action=click&module=Spotlight&pgtype=Homepage

What a retard. You literally said you wanted to discuss real numbers. I show you the real numbers and brush them all aside.

38 people have died in Texas. 152 in S Korea. Those are the real numbers.

 

[7437]

What a retard. You literally said you wanted to discuss real numbers. I show you the real numbers and brush them all aside.

38 people have died in Texas. 152 in S Korea. Those are the real numbers.

Do you think the virus will not kill any more people in texas?

 

[Letssnuggle]

Do you think the virus will not kill any more people in texas?

Derp.

 

[7437]

Derp.

So, how many deaths in Texas would there need to be before you would consider it a problem? 10k?

 

[Letssnuggle]

So, how many deaths in Texas would there need to be before you would consider it a problem? 10k?

Per year? Double whatever the flu is.

 

[7437]

Per year? Double whatever the flu is.

And once that happens, you dont think it might be a bit late to start preparing?

 

[Letssnuggle]

And once that happens, you dont think it might be a bit late to start preparing?

Have you been smoking weed?

 

[7437]

Have you been smoking weed?

You can just say that you don't think we need to prepare until it's a disaster. I'll think you are stupid, but we are already at that point.

Just to prove how ridiculous you are, here is the flu death numbers. Notice that the flu in 2018 doubled the number of deaths compared to........ the flu in 2015.

https://www.google.com/amp/s/www.ex...early-10-000-Texans-in-2017-2018-13028706.php

 

[reveler]

You can just say that you don't think we need to prepare until it's a disaster. I'll think you are stupid, but we are already at that point.

Just to prove how ridiculous you are, here is the flu death numbers. Notice that the flu in 2018 doubled the number of deaths compared to........ the flu in 2015.

https://www.google.com/amp/s/www.ex...early-10-000-Texans-in-2017-2018-13028706.php

zero tolerance is unreasonable. we dont have zero tolerance for any health risks, including

opiates
diabeetus
flu
car accidents
crime
alcohol
etc

we could lower the deaths from all of these with more government overreach. but we dont, because people deserve to freely-associate.

the clarion call of "how many deaths" is just a thinly-veiled zero tolerance argument, which warrants a reaction of derp, including nitwits like cuomo saying his mother is not expendable.

the left is looking to cause maximum economic damage and for maximum government intervention, because that fits their narrative that collectivism is needed in a crisis.

 

[Letssnuggle]

You can just say that you don't think we need to prepare until it's a disaster. I'll think you are stupid, but we are already at that point.

Just to prove how ridiculous you are, here is the flu death numbers. Notice that the flu in 2018 doubled the number of deaths compared to........ the flu in 2015.

https://www.google.com/amp/s/www.ex...early-10-000-Texans-in-2017-2018-13028706.php

Ummm, water is wet. What next, are you going to tell me killer whales eat seals!?

Ok, lots of people die from the flu. The amount changes each year...and is this news to anyone?

Why would I say we shouldn’t prepare when I think we should. There should be a quarantine on people over retirement age, as they are the ones vulnerable. It’s stupid to quarantine the entire population when the entire population isn’t at risk of death. There should be assistance for those older people who need it. Or anyone with pre-existing conditions. Not pay raises for healthy young waitresses.

Do you understand that young and middle aged people, without pre-existing conditions, are going to recover?

 

[7437]

zero tolerance is unreasonable. we dont have zero tolerance for any health risks, including

opiates
diabeetus
flu
car accidents
crime
alcohol
etc

we could lower the deaths from all of these with more government overreach. but we dont, because people deserve to freely-associate.

the clarion call of "how many deaths" is just a thinly-veiled zero tolerance argument, which warrants a reaction of derp, including nitwits like cuomo saying his mother is not expendable.

the left is looking to cause maximum economic damage and for maximum government intervention, because that fits their narrative that collectivism is needed in a crisis.

Asking how many isbt a zero tolerance. People die from lots of stuff, as you pointed out.

It might be a good idea for you to think about what you consider acceptable deaths. Are all those acceptable and fine? Alot of people would disagree that opiates are fine