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Coronavirus (Stay on Topic)

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If Trump’s main purpose of his news conference was to steady the stock market, he failed miserably as Dow futures are down 350! Oil is falling still more. But the good news is that gold is up. That’s the market Trump actually helped lol.

The Dow futures started falling during his news conference and they haven’t looked back since.
 
ForsythSnow said:
Given unions and other interest groups are politically skewed, misrepresentation or altering facts or just fabricating reaction stories often are used by then to fool people into making them good for authority or their idea being a good one.
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Union leaders are often political hacks, no doubt, but Judd is an active border agent himself. And truly, why is it so hard to believe? Chinese nationals illegally cross the southern border all the time.
www.krgv.com

Law enforcement along border taking precautions processing Chinese immigrants

SULLIVAN CITY – The novel coronavirus is prompting concerns among law enforcement tasked with protecting the U.S. border.
www.krgv.com www.krgv.com
 
www.ncbi.nlm.nih.gov

Emerging 2019 Novel Coronavirus (2019-nCoV) Pneumonia - PubMed

BackgroundThe chest CT findings of patients with 2019 Novel Coronavirus (2019-nCoV) pneumonia have not previously been described in detail.PurposeTo investigate the clinical, laboratory, and imaging findings of emerging 2019-nCoV pneumonia in humans.Materials and MethodsFifty-one patients (25...
www.ncbi.nlm.nih.gov www.ncbi.nlm.nih.gov

Good read
 
Myfrotho704_ said:
Coronavirus in my opinion is gonna be the new virus that probably will turn seasonal after it explodes, it’ll get worse during winter as people stay together more and slow down in the summer, but the amount of severe cases will go down as there will be a little immunity, and medicines/anti-virals will likely be developed in the next months to years, that’s my opinion, even if warmth/cold has nothing to do with it, people wild likely get it more during the winter Becuase like I said that’s when people often stay inside more, H1N1 is like that, norovirus is like that, you can still get it in the summer but it’s more prevalent in the winter from schools/daycares and like what I said before
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The vaccine will likely be added to the yearly preventative. Either in a separate shot or added to the influenza vaccine much like H1N1 was after the swine flu. My guess is it will be a separate vaccine given that it’s not an influenza...imagine getting 2 flu shots now, it may be a reality. Mass immunizations unfortunately may not be possible come next fall when needed. It’s going to take a lot of manpower to manufacture it in time.


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Heelyes said:
So you think it's a bioweapon? You are one of the only people on this board with medical experience and I value your opinion.
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I do. Seeing as how a General in the Chinese Army that used to oversee the Bio Weapons lab in Wuhan was tasked with the fallout. There is no chance that this was just happenstance. There are also reports now being made that this was indeed created as a bio weapon and it got out. I don’t know how, but seeing as how SARS came about from an infected animal that was sold as food (animal had been used in lab testing) I think this is somehow also the case here.
 
Windergawx said:
This has to be a joke search Amazon for storable food this is the 3rd or 4th down. They are asking $1000 says 1week supply
Amazon product ASIN B07F946R9CEbay has 1 n95 mark for 42.95 ?
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This is why you (general you) have to get your head out of the sand and consider the risk of things like this and prepare before the risk becomes a reality that is self evident to everyone. I'm telling you, we are right on the edge of some stuff we have not seen in our lifetimes here in the US. There's still time to make some preparations, but in all likelihood, not much.

People are generally way too reliant on things working the way they always have and think there's just no way things can be different.

Everything that we rely on is just barely available. But you don't notice it when things are normal. When we all want it at the same time, you won't be able to get it. And any disruption to the just in time supply chains, will greatly exacerbate this.
 
Yellow Snow said:
Union leaders are often political hacks, no doubt, but Judd is an active border agent himself. And truly, why is it so hard to believe? Chinese nationals illegally cross the southern border all the time.
www.krgv.com

Law enforcement along border taking precautions processing Chinese immigrants

SULLIVAN CITY – The novel coronavirus is prompting concerns among law enforcement tasked with protecting the U.S. border.
www.krgv.com www.krgv.com
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Many, many people cross the southern border. All from different countries. I have a friend that works CBP in the Tucson Sector and another with El Paso Sector and you wouldn’t believe the things I’ve heard from them.

Through my work with FEMA I’ve met a lot of different people with DHS and they all have said the same thing. There is nowhere near the amount of illegal border crossings on the northern border as there are on the southern border.
 
Rain Cold said:
This is why you (general you) have to get your head out of the sand and consider the risk of things like this and prepare before the risk becomes a reality that is self evident to everyone. I'm telling you, we are right on the edge of some stuff we have not seen in our lifetimes here in the US. There's still time to make some preparations, but in all likelihood, not much.

People are generally way too reliant on things working the way they always have and think there's just no way things can be different.

Everything that we rely on is just barely available. But you don't notice it when things are normal. When we all want it at the same time, you won't be able to get it. And any disruption to the just in time supply chains, will greatly exacerbate this.
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You hit the nail on the head. Most in this country don't have a way to feed themselves or family if the store is closed. My dirty hippie parents were smart enough to buy a bunch of good farmland. They wanted to live off the land but couldn't stop working. I was lucky enough to stop working for anyone after the last crash and support myself off of the land. My friends thought I was crazy for wanting to do such hard work for so little money. I think i will plant enough to feed anyone I know in need. Just got a incubator for making more chickens
 
Rain Cold said:
This is why you (general you) have to get your head out of the sand and consider the risk of things like this and prepare before the risk becomes a reality that is self evident to everyone. I'm telling you, we are right on the edge of some stuff we have not seen in our lifetimes here in the US. There's still time to make some preparations, but in all likelihood, not much.

People are generally way too reliant on things working the way they always have and think there's just no way things can be different.

Everything that we rely on is just barely available. But you don't notice it when things are normal. When we all want it at the same time, you won't be able to get it. And any disruption to the just in time supply chains, will greatly exacerbate this.
Click to expand...

While I don’t think this will be the event, I agree in general. This will be a good test to show how dependent we are.
 
Rain Cold said:
This is why you (general you) have to get your head out of the sand and consider the risk of things like this and prepare before the risk becomes a reality that is self evident to everyone. I'm telling you, we are right on the edge of some stuff we have not seen in our lifetimes here in the US. There's still time to make some preparations, but in all likelihood, not much.

People are generally way too reliant on things working the way they always have and think there's just no way things can be different.

Everything that we rely on is just barely available. But you don't notice it when things are normal. When we all want it at the same time, you won't be able to get it. And any disruption to the just in time supply chains, will greatly exacerbate this.
Click to expand...

People in the US are reacting to the situation as though it were already an emergency, which makes these shortages & price spikes a self-fulfilling prophecy.
www.cbsnews.com

Face mask prices surge as coronavirus fears grow

Amazon is cracking down on mask sellers after prices for some products soared into the triple digits.
www.cbsnews.com www.cbsnews.com
 
NoSnowATL said:
Good time to buy!


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It more than likely will turn out that way once looking back a few years or sooner, but the problem now is the risk of catching a falling knife as it COULD go down a few more thousand before coming back. If buying here, I’d recommend low amounts so one can have room to buy more even lower in case there’s a lot more drop to come. In other words, dollar cost averaging.

Well, it has since come back to being only down 350.

Meanwhile, crude is down $1.50 while gold is up as one would expect.
 
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While I think it’s great we’re taking necessary precautions, this is definitely being overhyped. If you’re under the age of 60-70, your chances of being crucially affected from the virus itself are minimal. There may be economic impacts, but the world isn’t ending.
 
GaWx said:
It more than likely will turn out that way once looking back a few years or sooner, but the problem now is the risk of catching a falling knife as it COULD go down a few more thousand before coming back. If buying here, I’d recommend low amounts so one can have room to buy more even lower in case there’s a lot more drop to come. In other words, dollar cost averaging.

Well, it has since come back to being only down 350.

Meanwhile, crude is down $1.50 while gold is up as one would expect.
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I would like to see it fall as low as 22 or 23, as they say buy low. I have about 30% of my portfolio in the Dow but it’s a long term high risk. I went with the 40,30,20,10 rule when I was in my early 20s based on what my grandfather tough me, he was able to retire at 55 with that strategy. So far it’s been good.
* most people do the 50/30/20 which can work as well but that more of a saving plan.


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Cadi40 said:
While I think it’s great we’re taking necessary precautions, this is definitely being overhyped. If you’re under the age of 60-70, your chances of being crucially affected from the virus itself are minimal. There may be economic impacts, but the world isn’t ending.
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No one on here is saying the world is ending. Just pay attention and don’t be dumb down thinking nothing will ever happen. When the economies collapse and one day they will. It will not be pretty.
 
Cadi40 said:
While I think it’s great we’re taking necessary precautions, this is definitely being overhyped. If you’re under the age of 60-70, your chances of being crucially affected from the virus itself are minimal. There may be economic impacts, but the world isn’t ending.
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You are right young people won't be that effected by this unless they have friends or family over 60
 
Here's a good article from GLG Consulting discussing why oil prices are falling right now; it's mainly due to reduced energy demand from China: "a lot less construction, less tourism, fewer people going out to movies and restaurants, and so many factories shutting down".

glg.it

The Impact of COVID-19 on Oil Prices

While we don’t know how severely COVID-19 will affect public health and the global economy, the disease is a driver of global uncertainty and concern. Uncertainty, of course, is bad for the economy, bad for consumer sentiment, and bad for business investment. While this kind of pandemic usually...
glg.it glg.it
 
South Korea is closing schools and public gathering like Japan. How long before they stop going to work? Even if it doesn't spread here what does China, Japan and South Korea shutting down do to the economy? If it's just a few weeks, the economy will probably drop a bit more but rebound quickly. If it spreads here and we have to cancel schools the economy is screwed, how do most people go to work if the kids stay home?
 
Heelyes said:
South Korea is closing schools and public gathering like Japan. How long before they stop going to work? Even if it doesn't spread here what does China, Japan and South Korea shutting down do to the economy? If it's just a few weeks, the economy will probably drop a bit more but rebound quickly. If it spreads here and we have to cancel schools the economy is screwed, how do most people go to work if the kids stay home?
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Buy some stock in childcare
 
So some secondhand info here. My SIL has a friend who lives in Milan,Italy and she said that people are literally fighting over supplies. That people have gone to stores and taken things from peoples carts and fought over them.
 
Some of these things/costs are going to reset in the not too distant future.

And re: COV, there have been sporadic reports/rumors that you can get infected twice and even that the second time can be much worse than the first, due to how the immune system reacts to the second infection. We'll have to see how that plays out, because I think that's one of the things that hasn't received a lot of study yet.

We're seeing some things about this virus that are different than the usual viruses that show up.
 
Heelyes said:
How long before they stop going to work? Even if it doesn't spread here what does China, Japan and South Korea shutting down do to the economy? If it's just a few weeks, the economy will probably drop a bit more but rebound quickly. If it spreads here and we have to cancel schools the economy is screwed, how do most people go to work if the kids stay home?
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Shaggy said:
It's ridiculous. A co-worker has 3 kids and it cost him $1200 a month
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$1200 total for 3 kids? That is stupidly cheap.
 
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