Ricky, you did it again... https://thehill.com/homenews/media/...-be-just-better-off-if-we-gave-coronavirus-to
I am not a fan of Rick Santelli, but he made a great What-If statement that illustrates the market's reactions to things.... But then I have to read the idiot comments calling for his firing, as if he was making national medical policy. WTF, people.
It's true, though. Children are not even showing symptoms, or very mild symptoms. SOME people 10 - 60 are showing symptoms. The fatalities are mostly older folks. If we send all the healthy older folks on 30 day cruises, while we embrace them Coronas (with a splash of delicious Lyme ), they'll be back from their cruises in time for us to celebrate our option-exercise ceremonies. It can be a new holiday - Options Day
he is actually right.... like a regular flu DOES get to everybody... if you have strong immune, you don't feel nothing; if you have ok immune, you sneeze a couple; if you have bad immune, you sick for a few; if you are weak/sick and about to die anyway, corona will put you out of misery. they SP 5000, here we come!
People are so damned sensitive. I understand his point completely, but he indicated it wrongly. If everyone had the thing today, then in 2-3 weeks it would be resolved, and the country would get back to normal after that.
I have met and talked to Rick on the CME Trading floor. He is the only guy on CNBC who knows what he is talking about.
the pc bs has created a nation of sissies and fags. imagine during ww2 people had to conduct life in between bomb raids. Or the Cold War there was real nuke threat. today people lock themselves in because some virus. That has killed a handful.
Nooooooo. No no no noooooo. (I'm quoting Family Guy's "Consuela" here...) It's a capacity question: if everyone had it at once, hospitals would be overwhelmed, supplies would be consumed much faster than could be re-supplied, health staff would be decimated, and *millions* of people would die who would otherwise not, for lack of the intensive care that their condition would deserve. This is something that The Rickster did not consider in his glib comment -- meant only to convey the market's eventual reaction, and (except for those without a sense of humor or of proportion) *not* to advise or propound any sort of health policy/wish.
He has always been outspoken and somewhat of a jerk. Considering how things are often blown out of proportion I am surprised that he would make a comment like that knowing it could cost him his job if some higher up had a bug up his a-s
Minus the 2-3% who died off. I am not saying he is wrong, but we have to take that into consideration. In a quick die off more young people die too, because there is just not enough ICUs and ventilators around. When the curve is flatter, either just the very old and weak die, or we can do triage and decide who dies. "I want you to die for my 401K!" In 3 weeks we are going to see in Brazil/Belarus how the "take it like a man" approach works...