CDC Director: Coronavirus Death Toll Will Be ‘Much, Much, Much Lower’ than Projected

originally posted by: AugustusMasonicus
a reply to: CriticalStinker

I'm convinced any time government handles anything it's going to turn out bad at best.

As of today the death rate in the U.S.A. is 15,000/331,000,000...

.00004% of the population

Trump is screwing this up so bad!

Lolz🤪

a reply to: Scepticaldem

The economy is great! Doing bigly well!

originally posted by: AugustusMasonicus
a reply to: CriticalStinker

I'm convinced any time government handles anything it's going to turn out bad at best.

Sure would have been nice if this time was just bad.

On a positive note... We are setting records. Not records I like, but we're making history none the less.

a reply to: Scepticaldem

We've socialized the free market.

Yea... He's doing bad.

originally posted by: CriticalStinker
On a positive note... We are setting records. Not records I like, but we're making history none the less.

Wait until the foreclosures and bankruptcies, those are gonna be some great records too.


****ing idiots.

a reply to: Case74282
Funny how the CDC, up until this administration, was an apolitical organization comprised of doctors, scientists, and disease specialists.
Now for some unknown reason apparently it is staffed by politicians.
No. It's not. But they are a convenient scapegoat for some do nothing to blame.
Them and WHO.

originally posted by: Sillyolme
Them and WHO.

Who?

a reply to: ketsuko
Clean? Everybody and his brother literally burned fires daily. Cooking heating and light was all burning material.
So the air was probably pretty nasty too.

a reply to: AugustusMasonicus

My credit union who's never tried to pressure me into new lines of credit have reached out to me by phone and email multiple times offering me the cheapest interest rates in years for these hard times!

They even asked me if I was in the market for a house lol. While I could flex that, I wonder how many can.

I'm also worried about corporate bonds busting, specifically the junk bonds the feds just propped up.

They're selling it to us as these are loans and will be repaid interest. But that only happens if the economy goes bull again and these don't bust.

originally posted by: CriticalStinker
But that only happens if the economy goes bull again and these don't bust.

We're only at the beginning of the economic crisis, the fall out is going to be coming in for a year. All the people that think this will snap to when things reopen are on drugs.

a reply to: AugustusMasonicus

No, the Who. The pinball wizard guys.

originally posted by: RadioRobert
No, the Who. The pinball wizard guys.

I don't know.

a reply to: AugustusMasonicus

Agreed. Once the new earning reports come out I think we see the market start to make its long decent down.

Wonder how long it takes people to realize they're holding the bag if and when this doesn't work out.

The day of reconciliation will force people to see this all for what it is at some point (or not, because we're a nation of goldfish memories)... And by then, each party will have a new threat across the aisle to rally sheep together to "save the country". This will just get thrown into the pot of quagmires... Oh well, how could we have known while it was happening?

a reply to: AugustusMasonicus

I think folks are so desperately wanting a return to "normal" that they dont want to think of anything else.

Oh Save Us Corporate Jebus!

I still firmly believe there is great opportunity here.. But people need to realize what is happening. Im not even talking about behind the scenes, or "what I think is really happening."

Its a fight for independence, decentralization, and self-sufficiency vs dependence and corporate centralization.

I think its a fork in the road. If people believe they can just keep going like they were, under the same paradigm(s).. Theyll end up crashing into the trees. At best.

a reply to: Serdgiam

I couldn't agree with you more.

originally posted by: AugustusMasonicus

originally posted by: CriticalStinker
But that only happens if the economy goes bull again and these don't bust.

We're only at the beginning of the economic crisis, the fall out is going to be coming in for a year. All the people that think this will snap to when things reopen are on drugs.

Fallout is manageable as long as the peak doesn't take a year to climb over. The worst will be over in half that time if we are even half the clever apes we claim to be.

originally posted by: AugustusMasonicus

originally posted by: CriticalStinker
But that only happens if the economy goes bull again and these don't bust.

We're only at the beginning of the economic crisis, the fall out is going to be coming in for a year. All the people that think this will snap to when things reopen are on drugs.

I disagree with that entirely. This will snap back far far far faster than most prognosticate.

We lost maybe 60 days of economic activity and pumped 4+ trillion into the economy here people. We more than compensated for lost economic activity.

This also ignores pent up demand.

I buy a lot of what you sell, but this simply isn’t true and I encourage literally no one to base investment decisions off of this advice.

a reply to: TzarChasm

We're not, we've got morons in charge in every capacity.

They'll all start finger pointing in 6 months when foreclosure and bankruptcy rates start spiking, you cannot put this many people out of work without catastrophic fallout.

originally posted by: EnigmaChaser
This also ignores pent up demand.

Sure, let's address this.

As soon as the lockdown is over I'm going to the girl who cuts my hair and have her do it 3 times, one for each month I'll miss. Then I'll go to my favorite pizzeria for dinner and since I probably missed 6-7 trips there I'll get 7 pizzas. Same for the sushi place I like. And the they guy I told not to cut my lawn, he can come cut it 10 times in one week to make up for it.

This is real income these people lost and they aren't getting it back. Stop and think about that.

originally posted by: AugustusMasonicus
a reply to: TzarChasm

We're not, we've got morons in charge in every capacity.

They'll all start finger pointing in 6 months when foreclosure and bankruptcy rates start spiking, you cannot put this many people out of work without catastrophic fallout.

It's weird that the demand for hygiene and medical supplies (and extra hands) hasn't created more jobs.