CV not even remotely close to being priced in

Discussion in 'Economics' started by kmiklas, Jul 4, 2020.

  1. tiddlywinks

    tiddlywinks


    Correct. Wuhan Virus is not even close to the black plague. But the economic damage has already been done. It will all come to light over time measured in quarters, not months. A vaccine with a very high prevention rate will not come fast enough, if at all. This is called creative destruction. And lives move forward and adapt. Unfortunately, coincidentally or not, politics is heavily involved... One party will exacerbate the damage.
     
    #11     Jul 4, 2020
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  2. Turveyd

    Turveyd

    Never worried about the Virus, but the damage done hell yes, got that right :(

    People are wising up, but not all and not quick enough, when Florida is over and no big deal without lockdowns hopefully about 6weeks out then, then hopefully the FEAR will be erased.
     
    #12     Jul 4, 2020
  3. ElCubano

    ElCubano

    We have a 10pm -6 am curfew and no way to enforce it. People are business as usual.
     
    #13     Jul 4, 2020
  4. Turveyd

    Turveyd

    When 98% of the population are asleep, so not going to make a huge difference.
     
    #14     Jul 4, 2020
  5. I can't imagine how 0.1% is "more honest" (or even more bewilderingly, "small") when it reflects the same number. Are you looking for something that feels smaller to you personally?

    Hundreds of thousands of dead people is still the same horrifying number in a personal sense that it always was. Whatever games you want to play with it, that number of deaths does not change. And you're doing exactly the same thing that you accuse the media of doing - which is emotionally-manipulative games around numbers. What makes your game better than theirs?

    What we need are decisions that are as realistic and distortion-free as possible in the face of catastrophe. And catastrophe is the correct classification for anything that kills hundreds of thousands of human beings in a few months.

    upload_2020-7-4_12-30-7.png
     
    #15     Jul 4, 2020
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  6. That's what I'm seeing. And given that a number of my acquaintances are in the medical field - nurses, doctors, researchers - and they, from what I see during personal contact, are unable to follow safety protocols during their off time (touching their faces, not wearing masks at all times during contact with the public, not sanitizing their hands as often as they really should)... what chance does the average Joe have?

    Human nature makes it impossible. Which devolves to my earlier point... we're just going to take the deaths that result and go back to business as usual, simply because there's nothing else we can do.
     
    #16     Jul 4, 2020
    KCalhoun likes this.
  7. kmiklas

    kmiklas

    My chess teacher once taught me that sometimes the fear of making a move is more powerful than making the move itself. It's the unknown that scares people... that moves people:

    - You MIGHT be a carrier
    - Corona COULD stay active and alive for over a month
    - Could the virus be transmitted by looking at someone?
     
    #17     Jul 4, 2020
  8. KCalhoun

    KCalhoun

    #18     Jul 4, 2020
  9. Turveyd

    Turveyd

    Mine taught me you'll never lose a game if your prepared to sit and wait for your opponent to quit or die.

    Looking at lol
     
    #19     Jul 4, 2020
  10. Turveyd

    Turveyd

    #20     Jul 4, 2020