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Thread: Covid-19 Economic Impact

  1. Default Re: Covid-19 Economic Impact

    Quote Originally Posted by mugofbeer View Post
    I'm curious. When the day comes the Shelter in Place is lifted and, through whatever means, the virus seems under control, how are some of you "forever" changing the living habits you had prior to COVID?
    To me, the biggest takeaway is that personal health and financial planning should always be top priority. Those in really good health and with a good savings are going to weather this much better than those lacking in those two areas.

  2. #352
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    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by PhiAlpha View Post
    Purposefully causing it...probably not. But they definitely shoulder some blame for willfully neglecting to regulate their wildlife meat industry and the wet markets through which they sell those products. Hopefully all of this leads the Chinese government to add regulations that at least require a more sanitary environment to make something like this less likely to occur in the future.
    And yet, it appears they have controlled it better than us.

    Has it actually been determined their wildlife meat markets were the cause of the virus at ground zero, and the initial spread of it? I know that was the narrative earlier but I have missed it if the reputable health organizations have identified that as the cause. Who determined this origin?

    See this scientific, not political explanation: https://www.sciencedaily.com/releases/2020/03/200317175442.htm
    In it we see no such credit for meat markets or that China didn’t inform world health officials. We have to quit getting caught up in the bs.

  3. #353

    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by Rover View Post
    And yet, it appears they have controlled it better than us.

    Has it actually been determined their wildlife meat markets were the cause of the virus at ground zero, and the initial spread of it? I know that was the narrative earlier but I have missed it if the reputable health organizations have identified that as the cause. Who determined this origin?

    See this scientific, not political explanation: https://www.sciencedaily.com/release...0317175442.htm
    In it we see no such credit for meat markets or that China didn’t inform world health officials. We have to quit getting caught up in the bs.
    That article doesn’t say anything about where it was transmitted, just that it was likely transmitted from a bat to something else and then to a human. It also doesn’t dispute that world officials weren’t notified as early as they could’ve been. Almost everything that isn’t from a scientific journal that is allowed to speculate indicates that a wet market in Wuhan was the likely source. They are also the most often cited potential source of animal to human virus transmission in nearly every documentary or article written about pandemics prior to this outbreak...they were also the origin for SARS. Time will tell but regardless...there should be regulations in place to make them more sanitary to help prevent things like this from happening in the future.

    Disclaimer: I am not an infectious disease specialist and I wasn’t allowed to stay at a Holiday Inn Express last night.

  4. #354

    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by Rover View Post
    And yet, it appears they have controlled it better than us.

    Has it actually been determined their wildlife meat markets were the cause of the virus at ground zero, and the initial spread of it? I know that was the narrative earlier but I have missed it if the reputable health organizations have identified that as the cause. Who determined this origin?

    See this scientific, not political explanation: https://www.sciencedaily.com/release...0317175442.htm
    In it we see no such credit for meat markets or that China didn’t inform world health officials. We have to quit getting caught up in the bs.
    Of course China has controlled this better than we have. They're not facing an internal fight against the guiding principles of their society.

    You do some of the things talked about in this article* which surely have helped their pronounced containment, then you would spark a war against the state in a majority of Western countries.

    *"This Article": https://www.nytimes.com/2020/02/03/b...veillance.html

  5. #355

    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by Rover View Post
    And yet, it appears they have controlled it better than us.

    Has it actually been determined their wildlife meat markets were the cause of the virus at ground zero, and the initial spread of it? I know that was the narrative earlier but I have missed it if the reputable health organizations have identified that as the cause. Who determined this origin?

    See this scientific, not political explanation: https://www.sciencedaily.com/release...0317175442.htm
    In it we see no such credit for meat markets or that China didn’t inform world health officials. We have to quit getting caught up in the bs.
    I have very little belief in the # of cases or deaths they report. The government does not want any negativity coming out about them, and since they control a lot of the media, I think it is sketchy at best. Not saying the US has handled it properly, but if you told me to take the China # times 5, I would take the over, in terms of true cases.

  6. #356
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    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by jonny d View Post
    I have very little belief in the # of cases or deaths they report. The government does not want any negativity coming out about them, and since they control a lot of the media, I think it is sketchy at best. Not saying the US has handled it properly, but if you told me to take the China # times 5, I would take the over, in terms of true cases.
    And you know this how?

  7. Default Re: Covid-19 Economic Impact

    Agreed and also never forget China is a totalitarian country with virtually complete control of their society. Don't forget the video's of Chinese police beating people out on the streets. Is that what anyone thinks should happen here?

  8. #358
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    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by PhiAlpha View Post
    That article doesn’t say anything about where it was transmitted, just that it was likely transmitted from a bat to something else and then to a human. It also doesn’t dispute that world officials weren’t notified as early as they could’ve been. Almost everything that isn’t from a scientific journal that is allowed to speculate indicates that a wet market in Wuhan was the likely source. They are also the most often cited potential source of animal to human virus transmission in nearly every documentary or article written about pandemics prior to this outbreak...they were also the origin for SARS. Time will tell but regardless...there should be regulations in place to make them more sanitary to help prevent things like this from happening in the future.

    Disclaimer: I am not an infectious disease specialist and I wasn’t allowed to stay at a Holiday Inn Express last night.
    Speculation.. Non scientific. So, basically opinion and talking points.

  9. Default Re: Covid-19 Economic Impact

    Quote Originally Posted by Rover View Post
    Speculation.. Non scientific. So, basically opinion and talking points.
    No one knows specifically and exactly where it came from but this is the widely accepted belief that it came from bats with the market the likely transmition source.

  10. #360

    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by Rover View Post
    Speculation.. Non scientific. So, basically opinion and talking points.
    And yet plenty of evidence that both were possible and there’s been nothing to disprove it yet. They are called theories.

  11. #361

    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by Rover View Post
    And you know this how?
    First 5 words of my post. I have no proof, just my opinion. China has lied before, what is to stop them from lying again?

  12. Default Re: Covid-19 Economic Impact

    Quote Originally Posted by jonny d View Post
    First 5 words of my post. I have no proof, just my opinion. China has lied before, what is to stop them from lying again?
    No argument here. Nothing they say can be believed.

  13. #363

    Default Re: Covid-19 Economic Impact

    This is playing out in the standard message board fashion (not just here): a bunch of non-experts arguing back and forth using regurgitated information on topics they don't actually understand. It's clear that many are just trying to convince themselves of their own arguments but don't have the self awareness to admit it. This is going to be a long month (at least).

  14. Default Re: Covid-19 Economic Impact

    Are you sure they are non-experts? I'm POSITIVE we have the leading economists in the field here on this board. In a couple of months, our entire democracy will erode and we will be living in a Mad Max world, or so I'm told.

  15. #365

    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by Greggo71 View Post
    This is playing out in the standard message board fashion (not just here): a bunch of non-experts arguing back and forth using regurgitated information on topics they don't actually understand. It's clear that many are just trying to convince themselves of their own arguments but don't have the self awareness to admit it. This is going to be a long month (at least).
    This is no different than an in person conversation.

  16. #366

    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by AP View Post
    Are you sure they are non-experts? I'm POSITIVE we have the leading economists in the field here on this board. In a couple of months, our entire democracy will erode and we will be living in a Mad Max world, or so I'm told.
    I have several large speakers and plenty of chrome spray paint. Witness me.

  17. #367

    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by emtefury View Post
    This is no different than an in person conversation.
    No offense intended but if you think message board debate is the same as in person conversation, you must be a blast to chat with

  18. #368
    HangryHippo Guest

    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by Greggo71 View Post
    No offense intended but if you think message board debate is the same as in person conversation, you must be a blast to chat with
    My thoughts exactly.

  19. #369

    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by jonny d View Post
    First 5 words of my post. I have no proof, just my opinion. China has lied before, what is to stop them from lying again?
    While China has lied before, so has the USA head of state. In fact the lies out of the WH are just as if not more numerous than the ones from Bejing.

  20. #370

    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by Jersey Boss View Post
    While China has lied before, so has the USA head of state. In fact the lies out of the WH are just as if not more numerous than the ones from Bejing.
    Um...no.

  21. #371

    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by AP View Post
    Are you sure they are non-experts? I'm POSITIVE we have the leading economists in the field here on this board. In a couple of months, our entire democracy will erode and we will be living in a Mad Max world, or so I'm told.
    70 f*cking million unemployed might do the trick.

    At least we won’t get the nasty cold till later cause “flatten the curve”

    https://twitter.com/jordanschachtel/...071711747?s=21

  22. #372

    Default Re: Covid-19 Economic Impact

    The Fed and US govt doesn’t have the ammo to fight that. They simply don’t.

    That’s a more severe number than the Great Depression.

  23. #373

    Default Re: Covid-19 Economic Impact

    Quote Originally Posted by gopokes88 View Post
    70 f*cking million unemployed might do the trick.

    At least we won’t get the nasty cold till later cause “flatten the curve”

    https://twitter.com/jordanschachtel/...071711747?s=21
    That would put the unemployment rate somewhere around 40%.

  24. Default Re: Covid-19 Economic Impact

    Quote Originally Posted by Greggo71 View Post
    This is playing out in the standard message board fashion (not just here): a bunch of non-experts arguing back and forth using regurgitated information on topics they don't actually understand. It's clear that many are just trying to convince themselves of their own arguments but don't have the self awareness to admit it. This is going to be a long month (at least).
    So join in and socially regurgitate with us. What we're doing is conversing to pass the time. Otherwise, you can always find reruns of Gilligans Island on cable or you can find a deck of cards and play solitaire.

  25. #375

    Default Re: Covid-19 Economic Impact

    So is everyone in agreement - the new normal has set in:

    1) Shelter in Place will last another 6-18 months

    What we are waiting for :

    a)herd immunity
    b)vaccine

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