NON_POLITICAL China Coronavirus THREAD

[Mai72]

The thing you must ask yourself is are you prepared for a huge disruption to your life if this virus takes off in America, and your area. All that can happen is 1 case in your area can halt school openings, economic activity, etc.

I'm not a man whose into stock piling money and food, but let's be real here. You should be doing this in addition to having at least 6 months of income to cover expenses if this gets really bad. It's now a very real possibility.

 

[s0me0nesmind1]

The thing you must ask yourself is are you prepared for a huge disruption to your life if this virus takes off in America, and your area. All that can happen is 1 case in your area can halt school openings, economic activity, etc.

I'm not a man whose into stock piling money and food, but let's be real here. You should be doing this in addition to having at least 6 months of income to cover expenses if this gets really bad. It's now a very real possibility.

Yup... remember... key to the stock market and your retirement investments... buy high, sell low!

 

[K1052]

We get some replacement parts from China for our business and our vendors stocks are drawing down quickly. No idea when or if they'll be restocked.

I presume manufacturers are in a similar boat. March could be a rough month even if Chinese production was already ramped back now up which I see little evidence of.

 

[ch33zw1z]

Yea, it's not gonna be pretty for tons of industries

 

[eRacer]

The thing you must ask yourself is are you prepared for a huge disruption to your life if this virus takes off in America, and your area. All that can happen is 1 case in your area can halt school openings, economic activity, etc.

I'm not a man whose into stock piling money and food, but let's be real here. You should be doing this in addition to having at least 6 months of income to cover expenses if this gets really bad. It's now a very real possibility.

Some lawyers are going to make a killing with all the bankruptcies and lawsuits related to coronavirus if it can't be stopped.

* makes sad I'm-not-an-opportunist-lawyer noises *

My kids are planning on going to college this fall. Now that isn't looking like a certainty anymore.

The cost of prevention is going to be much cheaper than the cost of the cure. Spend what it takes to test as many people as possible now so the following is less likely to happen:

If the coronavirus isn’t contained, a severe global recession is almost certain

 

[Lost_in_the_HTTP]

idiots....why are there so many idiots on this planet

Why are there so many Twits on this board who only posts links and no content?

 

[nakedfrog]

https://twitter.com/x/status/1232295715784798209

idiots....why are there so many idiots on this planet

Tucker Carlson talking about something being a cult? That's cute.

 

[pmv]

Tom Steyer is a billionaire as well.

Bloomberg is wasting $1+ billion of his own wealth in advertising to offset his numerous character flaws. He could be a "hero" and show strong leadership by pledging $1+ billion of his own wealth toward coronavirus efforts should the US need it.

Perhaps this is the new form of 'trickeldown' the new method for taxing Billionaires? Get them to run vanity-campaigns in presidential primaries and put their money back into the economy by paying for vast amounts of advertising and directly paying individuals for promoting them on social-media. Then we all ignore them when in the voting booth.

 

[Muse]

US - Stock market is still down. San Antonio reports 6 new cases.

Ya know? I was waiting for this shoe to drop... yeah, for weeks. Had to wonder Friday and the market's apparent immunity from the burgeoning crisis. Yesterday's fall was no surprise to me and I was thinking last night that although selling my stock now (I'm 90% in equities) is against my rules (I have a rule based system), I was thinking of trashing my rules and setting up a new set just for this outlier situation. Then I thought to myself. Hey, I bought all my stock on Mar. 15, 2019 and I'm just 3 weeks away from my gains being long term versus short term. That may be trifling consideration if the market simply tanks! Today's not looking promising.

 

[s0me0nesmind1]

What the hell kind of stocks/companies would thrive during something like coronavirus epidemic? Where everyone is staying at home and not buying shit?

Healthcare maybe?

 

[ch33zw1z]

What the hell kind of stocks/companies would thrive during something like coronavirus epidemic? Where everyone is staying at home and not buying shit?

Healthcare maybe?

Yea, and any suppliers of medical gear. They'll be a shortage for the general population too.

 

[Lost_in_the_HTTP]

What the hell kind of stocks/companies would thrive during something like coronavirus epidemic? Where everyone is staying at home and not buying shit?

Retail has been failing because everyone has been staying home and buying stuff. The market should boom then, right?

 

[ch33zw1z]

Retail has been failing because everyone has been staying home and buying stuff. The market should boom then, right?

Hope your delivery driver doesn't carry the virus to your door

 

[Muse]

If the coronavirus isn’t contained, a severe global recession is almost certain

IMO that's a pretty good read.

 

[Muse]

Hope your delivery driver doesn't carry the virus to your door

dig, I had that fantasy last night. If indeed the virus dies in 3 hours, you quarantine your delivery at least that.

I'm thinking this: I'm probably going to catch it if the USA goes full pandemic. I'm not going to get terrified of coming down with this. If it were ebola, that's different. Yeah, I'll try to not come down with it, I already take measure against viruses, washing the hands the second I get home. Been doing that for years.

 

[eRacer]

At least the financial networks and media have some real news and discussion about the virus:

 

[ch33zw1z]

dig, I had that fantasy last night. If indeed the virus dies in 3 hours, you quarantine your delivery at least that.

I'm thinking this: I'm probably going to catch it if the USA goes full pandemic. I'm not going to get terrified of coming down with this. If it were ebola, that's different.

We will see how it goes. I've read a few articles, and how long it survives will vary with environmental variables for sure. We will know when this particular variant is studied more

How long does coronavirus live on surfaces? | Medical News Bulletin

Researchers recently reviewed studies to investigate how long does coronavirus live on surfaces, and which chemicals kill them best.

medicalnewsbulletin.com

 

[eRacer]

You can't have the WuFlu if you aren't tested for the WuFlu:

Lindenhurst HS (New York) students return from trip to Italy with flu-like symptoms

Administrators say the students are showing symptoms that indicate the flu, norovirus or possibly salmonella. This comes amid a coronavirus outbreak in the European country.

In a letter home to parents, Lindenhurst's superintendent of school says the symptoms "are in no way reflective of the respiratory symptoms or symptoms of pneumonia which accompany the coronavirus."

Students visited Rome, Florence and Venice, which are not on the list of 12 towns in Italt under quarantine.

Shouldn't matter if the odds are slim that these kids have coronavirus. At least a few of the sick kids should have been tested for coronavirus, and all of them should have been told to stay home for at least a week until test results come back.

 

[sdifox]

China exports like US2.5T a year. This is going to hurt everyone.

 

[Muse]

At least the financial networks and media have some real news and discussion about the virus:

Good interview.

A few takeaways:

A vaccine may work, may not so much and "may not confer sustained protection."

Gottlieb thinks the morality rate will shake out much lower than what we've been hearing (e.g. 2-3%), i.e. may actually be ~.2-.5%, not all that much higher than flu at 0.1%. He said under ten kids are apparently very often virtually or actually asymptomatic, so undetected.

 

[JulesMaximus]

Where did you get that context? In the Twitter app all I get is a 90 second clip in Iranian with no subtitles.

Edit: OK. I see it. Dude was clearly not feeling well and it's now confirmed that he was infected.

How is your brother? Did he make it back okay?

 

[eRacer]

Gottlieb thinks the morality rate will shake out much lower than what we've been hearing (e.g. 2-3%), i.e. may actually be ~.2-.5%, not all that much higher than flu at 0.1%. He said under ten kids are apparently very often virtually or actually asymptomatic, so undetected.

This flu season has estimated to kill 16,000 out of 29 million infected in the US for a 0.0055% fatality rate. If 0.2-0.5% is accurate it would mean a WuFlu infected person would be 3.6 to 9 times more likely to die than someone infected with the flu, so not exactly reassuring news.

 

[Svnla]

What the hell kind of stocks/companies would thrive during something like coronavirus epidemic? Where everyone is staying at home and not buying shit?

Healthcare maybe?

Not just healthcare but manufacturers of items such as face masks, gloves, cleaners, full body protectors/covers, etc. are making a killing and more right now. I saw with my own eyes boxes and boxes of face masks (hundreds) were shipped from US to other countries in Asia last week.

N95 face masks from 3M are the gold standard over there and 3M is running full speed (24/7) to make more to meet the much higher demand - https://www.cnbc.com/2020/01/28/3m-ramps-up-production-of-masks-to-meet-coronavirus-demand.html

 

[Muse]

This flu season has estimated to kill 16,000 out of 29 million infected in the US for a 0.0055% fatality rate. If 0.2-0.5% is accurate it would mean a WuFlu infected person would be 3.6 to 9 times more likely to die than someone infected with the flu, so not exactly reassuring news.

Still, much less concerning than the 2% figure I've been hearing.

 

[Paratus]

So I posted this elsewhere but yesterday using the Johns Hopkins virus dashboard I calculated the fatality rate of resolved cases in the worst case province and the rest of China and the world.

dead/(dead + recovered) * 100

for Hubei it was 12.9% yesterday - 11.9% today

for the rest of China + the World the rate was 1.55% - today it’s 1.56%

Sources of errors. Deliberate under reporting or misreporting of deaths would increase the rate. Under reporting of asymptomatic individuals or undocumented cases would decrease the rate.