This is the end. We are witnessing collapse of the global economy

Discussion in 'Economics' started by orbit23, Mar 27, 2020.

  1. Look on the bright side...

    I own SPXS!
     
    #71     Mar 28, 2020
  2. Turveyd

    Turveyd

    ujh
    Shit happens, it's kinda my religion, I'll just shut the fuck up and die like a man, if needs be, not a snowflake, not that young, thankfully.

    1 or 5% catching LOL, USA is likely @30% have it already, don't understand this do you at all.

    This will be pretty much over in 2months definately for the UK and almost definately for the USA, we'll all have it, become immune and then life will continue.

    Man up snowflake!!
     
    #72     Mar 28, 2020
  3. I agree, just take it like a man and if you die, you die.

    If you think 30% have it, then you are saying that over 100 million have it. Seems like you don't understand this either. Its been shown that maybe about 10% of the cases need a hospital visit. If 100 million had it, I think there would be way more people in hospital.
     
    #73     Mar 28, 2020
    Picaso likes this.
  4. Wuhan was real bad for 3 weeks. Italy is at about 2 weeks.

    So maybe it will start to decline soon, or maybe Italy didn't do a good enough job of containment.

    Either way, USA has a lot more room for it to spread.
     
    #74     Mar 28, 2020
  5. southall

    southall

    In Wuhan anyone known to have got it was sent to a hospital bed whether they had mild symptons or major symptoms, i.e everyone known to have the disease was physically isolated. They were not allowed to remain in the community. No trips to the shops for food or mixing with friends and family. They were carried out if needed.

    Italy or the US or any western government isnt doing that.
     
    #75     Mar 28, 2020
    Picaso and volpri like this.
  6. Turveyd

    Turveyd

    about 1% need treatment, numbers all exagerated 10fold to get everyone more scared.

    Then about 4% of that 1% die with treatment, so 0.04%.
     
    #76     Mar 28, 2020
  7. Turveyd

    Turveyd

    Until everyone gets, it'll keep coming back, best to get to that quick, but not too quick.

    No data posted for the 27th yet, 26th was up, maybe they culled it to soon and maybe it'll be back for a 2nd run, we had there data to run off so maybe we know to let it run and get it over with in 1day.

    Or maybe they lied about the numbers ??


    Watching " I am Legend " Soon :)
     
    #77     Mar 28, 2020
  8. orbit23

    orbit23

    So am i wrong?
    upload_2020-3-28_20-43-8.png

    The economy is collapsing, the long term target is known, but the market has to reach that price in the most efficient way, so ofcourse there will be short term bottoms and bounces. Most of you on here think market is one-directional. A "farmer john" is holding his shorts without a stop loss.. We will soon see how that turns out.
     
    #78     Mar 28, 2020
  9. The problem with stop loss from my perspective is that I can't predict a short-term rise, even if longer-term is decline.

    A stop loss may cause me to lose when I otherwise would have won.

    It's definitely not a perfect system, but I don't think a perfect system exists.
     
    #79     Mar 28, 2020
    Turveyd likes this.
  10. Cuddles

    Cuddles

    I'm trying to understand how you rationalize the "collapse of the global economy" ends with just a 2300 bottom?
     
    #80     Mar 28, 2020