• Welcome to OGBoards 10.0, keep in mind that we will be making LOTS of changes to smooth out the experience here and make it as close as possible functionally to the old software, but feel free to drop suggestions or requests in the Tech Support subforum!

Coronavirus !!! Very Political Thread !!!

Status
Not open for further replies.
DeacMan said:
I know a lot of businesses will not adhere to this guidance. Why would we they want potentially to endure "friendly fire" illnesses among their workforce?
Click to expand...

Agreed and ultimately it will come down to the states and their governors and my guess is no one goes along with this plan as they realize too much risk of outbreaks. I don't see states loosening any of in shelters until you see significant reduction in cases so hospitals have things under control along with guaranteed testing supplies and the technology to track any that test positive so can hopefully manage any community spread. Guessing that is more into summer/early fall if a betting man.

Just another way the admin is trying to breathe confidence into markets although very misleading.
 
DeacMan said:
I suspect his point is that in some places we can now test seemingly healthy people and the positives are not dropping. Still the right thing to do.

His point about people going bankrupt is a "tell the world something it doesn't already know" moment.
Click to expand...

Have you seen the stock market lately? It doesn't know.
 
DeacMan said:
I suspect his point is that in some places we can now test seemingly healthy people and the positives are not dropping. Still the right thing to do.

.
Click to expand...

We aren't really testing seeminly healthy people yet. In a lot of places, we still aren't even testing all the sick people. This sentiment is super common right now: "he has symptoms that are classic. Testing won’t change our management and he's not meeting criteria. We’re treating him like he’s positive."
 
MichDeac25 said:
Have you seen the stock market lately? It doesn't know.
Click to expand...

The market's optimism is being driven by hopes Fed will continue to bail everyone out along with fact that coronavirus's deaths aren't as bad as initially thought and seems to be peaking and hopes that all will be back to normal in a month or so.

The problem is the Fed can provide liquidity to help stabilize markets but can't take the credit losses that are building up and going to hit a lot of companies across the board leading to many BKs/credit losses in credit card, auto, mortgages, etc. with all the unemployed. So the million $ question is are these losses just severe short term losses that we can bounce back from this summer or do they continue on for some period of time. I think the market is way overestimating how the economy will bounce back as you will have large segments of economy (over 60-65 and all those that lost jobs and guessing most will not get jobs back anytime over next 30-60 days) as well as many others whose consumer behavior will be impacted beyond a month or two given uncertainties until we have the testing/anti-viral meds necessary to control it which is fall at best according to experts. Even then you will have many that will avoid flying, cruises, large gatherings like sports events, etc.) and so much of US economy is service/entertainment/etc. which will be down for quite a while. Time will tell...
 
tiltdeac said:
We aren't really testing seeminly healthy people yet. In a lot of places, we still aren't even testing all the sick people. This sentiment is super common right now: "he has symptoms that are classic. Testing won’t change our management and he's not meeting criteria. We’re treating him like he’s positive."
Click to expand...


Yep



We are nowhere close to attempting to contain this thing by aggressive testing/tracing and specific isolation.
 
saltydeac said:
The market's optimism is being driven by hopes Fed will continue to bail everyone out along with fact that coronavirus's deaths aren't as bad as initially thought and seems to be peaking and hopes that all will be back to normal in a month or so.

The problem is the Fed can provide liquidity to help stabilize markets but can't take the credit losses that are building up and going to hit a lot of companies across the board leading to many BKs/credit losses in credit card, auto, mortgages, etc. with all the unemployed. So the million $ question is are these losses just severe short term losses that we can bounce back from this summer or do they continue on for some period of time. I think the market is way overestimating how the economy will bounce back as you will have large segments of economy (over 60-65 and all those that lost jobs and guessing most will not get jobs back anytime over next 30-60 days) as well as many others whose consumer behavior will be impacted beyond a month or two given uncertainties until we have the testing/anti-viral meds necessary to control it which is fall at best according to experts. Even then you will have many that will avoid flying, cruises, large gatherings like sports events, etc.) and so much of US economy is service/entertainment/etc. which will be down for quite a while. Time will tell...
Click to expand...

Exactly. That's my point. And what is widespread "normal" going to look like in the summer and fall, or basically any time until we get a vaccine?
 
MichDeac25 said:
Exactly. That's my point. And what is widespread "normal" going to look like in the summer and fall, or basically any time until we get a vaccine?
Click to expand...

Agreed. I think this is going to get uglier than people realize. Everyone is pointing to China, S korea, but 1.) is communist so folks didn't lose the jobs as China bails out all businesses and 2.) S. Korea was much more prepared with testing/tracking so could avoid months of lost jobs. Unfortunately I see the latter for US as well as global disruptions of supply chains over next few months that will have large impacts. Not to mention the massive deleveraging that has been and will be occuring in the markets which will lead to further economic contraction vs. expansion.
 
saltydeac said:
Agreed. I think this is going to get uglier than people realize. Everyone is pointing to China, S korea, but 1.) is communist so folks didn't lose the jobs as China bails out all businesses and 2.) S. Korea was much more prepared with testing/tracking so could avoid months of lost jobs. Unfortunately I see the latter for US as well as global disruptions of supply chains over next few months that will have large impacts. Not to mention the massive deleveraging that has been and will be occuring in the markets which will lead to further economic contraction vs. expansion.
Click to expand...

And don't forget about the European markets, which are suffering mightily.
 
MichDeac- you can't really talk about "normal". You live in a place that calls BBQ and chili spaghetti normal.
 
my brother works for a Chicago cultural institution and they just had a call saying not to expect normal business operations until June 2021
 
tiltdeac said:
We aren't really testing seeminly healthy people yet. In a lot of places, we still aren't even testing all the sick people. This sentiment is super common right now: "he has symptoms that are classic. Testing won’t change our management and he's not meeting criteria. We’re treating him like he’s positive."
Click to expand...

Not entirely true. We have multiple employees in multiple states concerned they've been exposed who have been tested in recent days. That is different from just a week ago. Agreed this is not everywhere yet. But we are seeing signs of improvement.
 
Being that last night was the first night of Passover, I'm wondering if Elijah was wearing a mask and gloves when he visited millions of homes or if he stayed home.
 
RJKarl said:
Being that last night was the first night of Passover, I'm wondering if Elijah was wearing a mask and gloves when he visited millions of homes or if he stayed home.
Click to expand...

nyuk
 
Status
Not open for further replies.
Back
Top