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Coronavirus (Stay on Topic)

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This is probably the unveiling of just how widespread the virus is and how much has been missed in other countries and the US as well. Italy and other counties are probably far more infected than they know and that was kind of obvious on how much was being exported.
 
So what happens long term here? How long do countries and economies stay at a reduced capacity before booting back up? China appears to be starting things back up with manufacturing at normal levels in April, from what I’ve read. What if a new wave starts there again, do they shut it down again or just let it run it’s course? What about globally, any thoughts?

It really depends. If a number of these cases start turning critical then it could really get crazy. However, if most of these cases end up mild and they discover they were missing tons of mild cases, the panic will drop like a rock.
 
We will probably all be locked up in the house by this time next week.
Yeah. We’ll have to shut down for the length of/or slightly longer than the incubation period if we want to fully get this thing under control. I wouldn’t mind sitting at home drinking beer all day for a few weeks. I can eat cheeseburgers twice a day for 4 weeks and still not run out of hamburger meat. Although my LDL cholesterol would be off the charts
 
Toilet paper aisle where I work right now. We are selling way more then our warehouse has to send us on a lot of stuff right now. Hopefully everything cools down and everyone gets there bunkers filled and things go relatively normal soon. Not one single roll View attachment 37093

Dang, I should quickly invest in GA Pacific.


Edit: I wonder if us utility guys will get hazard pay if our area is quarantined.
 
It's been 75 years since we've had rationing and price freezes of items on a national scale, but that's next. If you lucky enough to have someone you know who was around in the early-mid 1940s they can fill you in on the deets.
 
Its ironic that the USA blocked travel to 26 European nations many of whom that have only a handful of cases, yet there are no restrictions about going to Washington or NY both states with way more cases than many of the European nations blocked starting Friday.
 
ie, Trump's a f-cking idiot.

Meh it just seemed like he was still playing the blame game.....calling it a foreign virus and playing up how effective the China ban was....even though the virus is here and spreading but whatever.....he brought nothing to the table that is going to help slow the rate of spread in the country....we needed him to take bigger steps....they will happen eventually anyways but it will be too late for many by then.
 
Its the FICA tax, look on a check stub where it says FICA.....its social security and Medicaid....the Feds pull out 7%ish from every check you get and your employer matches it. That money is what you get back when you claim SS when you turn 65....if they cut the entire thing then you would see that go to your pocket instead of the government. So the more you make the more you get, for someone making around 50-70k a year its about $100-150 a check...the downside is this is the money the Feds are using to payout SS and Medicaid so by giving it to us the Feds are making a system that is already on rocky ground even worse off.
Also remember that the employer "matches" the FICA taxes, so that could also help "boost" businesses a bit, as they are also feeling the impact of this
 
Also remember that the employer "matches" the FICA taxes, so that could also help "boost" businesses a bit, as they are also feeling the impact of this

Its not going to do much when everything is closed etc....this is the wrong approach, this is Trump trying to help the market....putting a few extra hundred in everyones pocket wont stimulate much if everything is closed.
 
Its not going to do much when everything is closed etc....this is the wrong approach, this is Trump trying to help the market....putting a few extra hundred in everyones pocket wont stimulate much if everything is closed.
Trump is proposing the tax holiday for the rest of the year, so yes he is looking beyond this when things turn around.
 
According to BNO out of ~1350 confirmed cases(way more cases than that) there are only 8 serious/critical in the states. If accurate on current confirmed numbers, it's really really good knowing there are probably many times the actual cases over confirmed.
 
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