Coronavirus (covid-19) is bad

Discussion in 'Economics' started by OptionsOptionsOptions, Mar 16, 2020.


  1. Cloward-Piven at work.
     
    #11     Mar 16, 2020
  2. gaussian

    gaussian

    Now's your chance to try out trading forex while the futures market margins are insane.
     
    #12     Mar 16, 2020
  3. Trader Curt

    Trader Curt

    On a higher note, gas is near 2 dollars a gallon where I live, and now I'm finding out that plane and cruise tickets are going insanely cheap. This is definitely a time to start taking advantage of the markets. Because when they find a cure, one could only guess how the markets are going to respond.
     
    #13     Mar 16, 2020
  4. randyhohl

    randyhohl

    This video/ad was great until they shut down all sports :D
     
    #14     Mar 16, 2020
  5. Neet

    Neet

    Seems to have a worldwide mortality rate of 3.9% which is pretty significant.

    This of course will go lower as new treatment is developed.
     
    #15     Mar 17, 2020
  6. Neet

    Neet

    Cruises are dead, restaurants, movie theaters, casinos are soon to follow.

    People have started to lose their jobs, only crowded places are hospitals.

    This helps no one, shorts excluded.
     
    #16     Mar 17, 2020
  7. Johan293

    Johan293

    It´s really the banking system that´s bad. Without fractional reserve banking Corona would not be nearly as dangerous. We built our societies on a banking pyramid scheme.
     
    #17     Mar 17, 2020
    IAlwaysWin likes this.
  8. Cuddles

    Cuddles

    that's amazing.....BTFD now though
     
    #18     Mar 17, 2020
  9. luisHK

    luisHK

    Well here dental clinics have closed entirely apparently, received a sms this morning while having an appointment for some gum surgery later this week.
    As of public hospitals, non essential medical appointments and surgeries have also been postponed, it is not the right time to fall ill.
    Talked last week to a cousin who just moved to a small place in Quebec, he told me that so far the virus was a distant issue, but it looks like tougher times are also reaching your shores.
    Fwiw on sunday March 8th they authorised demonstrations for Woman´s day despite the epidemy already hitting Spain hard, with 120k people screaming and spitting on each other downtown Madrid and many more across the country, than the next day the government decided the covid was out of control, schools were to be closed on wednesday and kids advised to stay home from that wednesday. This followed by daily extra restriccions.
    The minister of equality who pushed hard to allow the mass demonstration tested positive last week btw, hard to trust those fuckers to take good decisisions
     
    #19     Mar 17, 2020
  10. Pekelo

    Pekelo

    Does China have fractional reserve?
     
    #20     Mar 17, 2020
    piezoe likes this.