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Yeah and after he talked about the strategy being zero interaction with the outside world until civic plans start to form.
At first, I thought that a lot of the poorer countries could be hiding it or didn't know they had it, because like you said, they don't have good medical infrastructure. But there hasn't been a large outbreak anywhere with a hot climate as far as we know. And in today's social media connected world, it'd be hard to hide if people were dying of pneumonia.
Was thinking the same. Once Iran started having a few deaths, info through unofficial (and yes, uncorrobated) channels started flooding forth. No reason the same wouldn't happen in Indonesia or other places, no?
It's the rainy season right now in Indonesia and it's always hot so that is probably the reason there hasn't been much spread. Bali has a ton of tourists including Chinese and Jakarta is 10 million people. Although, Jakarta isn't a travel destination or airline hub like Bangkok or Kuala Lumpur.
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Further evidence that if you wait until "cases are near you" it's likely too late. Most of those folks likely caught the virus last week or the week before.
So in 6 days, subtracting the cruise ship the # of confirmed cases incresaed almost 400% from 439 to 1522
I know stairs are scary GB, but I'm only on the 4th floor. Only adds in 90 seconds of cardio
Number of cases in Iran must be much higher with 12 dead. Probably over a 1000 cases and spreading everywhere.
Yep. And then the show became repetitive squabbles and "wars" between Rick's group and others.
Rick? Wasn't he in The Walking Dead? BTW I agree with that characterization of TWD - kind of stupid that after the governor there was always another completely secret group observing everything and plotting evil....Yep. And then the show became repetitive squabbles and "wars" between Rick's group and others.
I apologize to humidity for all the horrible things I’ve said about it for the last ummmmmm...42 years.
Might be thing that saves our butts down here. If there’s one thing the Gulf Coast has in spades (and diamonds, clubs, & hearts) ... it’s humidity.
The reason it's taking a dump is that the rapid growth of the virus in areas outside of china clearly indicate that the numbers the Chinese are reporting absolute garbage. The virus has already stagnated or stalled 3 of the worlds top 4 economies. South Korea is home to one of the biggest car manufacturing plants on the planet. Dont be surprised if that becomes effected. Supply chains will eventually get restored- but its not as easy and quick as many expect it to be. With that said- my guess is that the market will moderately trim the losses by the end of the day.culdeus said:
I've never been so happy about swamp ### (I'm sure "donkey" will get filtered here, but I forget).Capella said:
China is the 2nd biggest economy on the planet. Their economy has halted due to the virus. The only reason why their markets haven’t completely crashed is because their government is going to artificially prop it up with massive stimulus. The third biggest economy on the planet is Germany—whose most recent figures show that their economy has stalled and showed no growth. Much of the European markets are dependent on travelers/tourists from China—and that has basically stopped. No growth in the their economy—and keep in mind that they are the cream of the crop in the EU. If their economy has no growth—you can bet that France and Italy are also stalled (France and Italy are the 6th and 8th biggest economies on the planet by the way). France has already signaled that they are concerned as their tourism numbers have dropped 30-40% due to the virus. The fourth biggest economy on the planet is Japan—whose market has and will be further affected by this virus. So already—you have some of the worlds biggest economies greatly effected by this thing. The 5th biggest economy is India. If this thing starts spreading there—not only would the humanitarian impacts be exponentially worse—but you’d also be looking at the vast majority of the worlds eight biggest economies being hugely effected by this.
Ok, well this is all jibberish if you think German/European economic issues are tied to this virus. Your posts seem to be trying to create some sort of panic and I think you need to take a step back.
This virus will have an economic impact on virtually every countries economy—and it will and has already effected Europe. Im not exaggerating anything—everything in my post is accurate. Just do some research on what France just said about their tourism. Here’s an article about Germany.
Seriously—why are people calling the truth —-mongering? Just ignore me if you choose to be an ostrich and want to put your head in the sand. I am not interested n being called names or being labeled a fear mongerer. If you want to have a discussion—then discuss—but do more than call people names like “prepper and mongerer” as that’s just juvenile and sophomoric.
Your posts have a breathless hyperbolic quality which you then pass off as simply stating the facts. It's exhausting.
Because it is not the truth but from the last few pages of your posts it is clear you won't change so whatever.
Assessing risk is something that not only each and every investor should do—but each and every human should do. From the very beginning there have been a few people in this thread that have warned that this virus is a huge risk humanitarily as well as economically. Most of us got chastised for it. Now look—the humanitarian part is clearly showing to be a major problem—and now the the economic part is sinking it—and our point of view still gets chastised. If you want to ignore reality and ignore risk—go and ahead and do so. I don’t care. Just have enough class to do so without the need to insult others who choose to pay more attention to risk than you do.
What is not the truth? Name it? Is the chinese economy improving because of the virus? Is japans economy moving ahead from it? Do you not agree with the list of the worlds biggest economies? Is the German economy growing? DId you want to mention that nearly 1.5 percent of germany’s GDP comes from the duty free shopping which is largely supported by Chinese tourists? Is that false too? Are frances and italy’s Economies not dependent on tourism and their luxury brands—both of which have seen major slow downs because of the virus? What exactly is not true? Please elaborate how any of that is off base.
Of course worldwide economies are tied to this virus. Kind of foolish to claim they aren’t.
