This entire episode shows me how clueless socialists are. Their entire world only exists in academia and nowhere else.

Governments are amputating businesses and forcing them to close indefinitely. Businesses are being forced out of business and laying off employees on mass because there is no revenue coming in.

And what are the socialists offering right now when businesses will be going bankrupt left and right and people are losing their jobs?


Aren't the socialists getting what they want?

- Wealth inequality gap is massively closing right now.
- Rich people are losing tons of money as businesses lose valuation en masse.
- Hundreds of thousands of people will be losing their jobs as a result.


This is the EXACT scenario socialists have been dreaming about. Wealth inequality is closing!!!

This idea that it's only dangerous for old people is looking a bit shaky also.

https://nypost.com/2020/03/17/corona...rce=reddit.com

So what are you saying? Should we not be locking down? Should life continue as normal? Is this what you are advocating for?

Anecdotes about occasional young people getting corona don't say much. They're painful to read and scary, but unless the overall data set changes, they shouldn't be something to worry overmuch about.

numbers plucked from arse?

We don't have any useful data on young people except death. There aren't morbidity or hospitalization stats that I've found so far. We know that about 0.2-0.4% die in the 30-50 age group. This is about 100x the flu. How many go to serious with permanent lung damage? How many go to critical? A young body can survive a lot of damage and not die.

Socialists want this, yes.

This is not the method through which socialists want rich people to lose money.

And they certainly don't want that!!

What is your source for this? I don't agree with this at all.

Light aerobic exercise seems optimal - the goal is to A.) Condition and strengthen your lungs, as runners have much lower risk of dying from respiratory infections, and B.) Strengthen your immune system without overtaxing it.

I've been doing an easy 1.5 miles 3-4 times a week, so if you have convincing evidence that shows me this is bad, I'm all ears. I agree with the other things that you posted.

Also who gives a f*ck about growth hormone? We're not trying to build muscle here, we're trying not to die

errbody just having fun at the beach!

https://www.youtube.com/watch?v=ZZam...GqgP7X2jSvmw54

Growth hormone isn't just for building muscle

At least Florida is going to give us a good sample whether summer will mitigate, I guess.

could end up harming people more than the virus

Vaccines aren't dangerous. They're not drugs. RNA signature based vaccines are being tested for safety right now in Seattle in humans. Incredibly, the cucks are testing safety for a month or more before they test efficacy. They should do both at once. Red tape is going to kill a lot of people. Experts suck badly at game theory/cost benefit analysis/cutting red tape.

There's an appetite to provide the banks endless liquidity. The fed is doing trillion dollar daily repos now as of today, which is lol. No doubt they'll go to $10 trillion if needed, after all, it's just made up digits in their ledger.

This is largely right and already happening - they're already testing on humans which is unprecedented speed. The later stage trials aren't bullshit but there can quickly come a point when the risks of using the vaccine are swamped by the risks of delay. Then they will go ahead and start using it. Red tape (which usually includes volumeous bullshit) isn't going to stop it by much at all.

Efficacy of the vaccine is key now - some hopefuls may fall at an early stage because they don't work.


It could but there still comes a point where you're clearly better off taking the risk.

Holy **** statnews, what a joke this article is. This article was posted yesterday by the way.

In the article, she is reporting that the CFR is around 1.4% in China. She is getting this from a paper that was posted on Feb 13.

https://www.statnews.com/2020/03/16/...ate-estimates/

https://www.researchsquare.com/article/rs-17453/v1

The reserve ratio is going to 0 on March 26th. That frees up liquidity, banks can simply print money themselves to satisfy demand for loans.

If you're talking about running out of physical cash, sure, that could happen, but it doesn't mean anything. They'll just put controls on and everyone will remember they have debit and credit cards.

Singapore & Malaysia to start with, Persian Gulf to follow

Who knows what's going on in Africa with their healthcare systems and no testing.

Malaysia, Brazil, Philippines, Thailand, Indonesia all adding 10-30%/day for days now like cold countries. It's because of a ramp of testing of course, but it's not a good sign. Malaysia went to lockdown, they thought it was serious enough to shut down the country. If 90 degree 90% humidity weather isn't stopping community spread very well, what do you think spring in the northern hemisphere is going to do?

Persian Gulf is dry, with lots of air conditioning. Some humidity (>50%) is a key part of virus spread stop. Middle Eastern countries have 35% death rate MERS which they get from being intimate with camels, but it's not contagious like this is.

Is this real?

"Due to the coronavirus crisis, Philadelphia police will no longer be making arrests for all narcotics offenses, theft from persons, retail theft, theft from auto, burglary, vandalism, bench warrants, stolen autos, economic crimes such as passing bad checks, fraud, & prostitution."



https://twitter.com/odonnell_r/statu...23290988691459

Most modern states are mixed economies, they are a bit free market revolving around freedoms of private property, and they are a bit socialist, revolving around coerced appropriation of private property to be broadly spent on social goods, e.g. taxation. A pretty effective model. But yea socialism exists all around us all the time.

How well do you think we would be doing without the latter half of that mix?

Airlines want a bailout, in a pure market system they would still be flying because it would be very hard to close a border. Sure they would be flying less, but there would be far less travel restrictions.

Also you do realise that any bailout of business, any stimulus etc is technically socialism.

In a totally free market everything would be left to go bust end of.

that has to be bullshit right?

Trying to keep non violent offenders from crowding holding cells? Why isn't there any explanation?

couldn't believe but i heard a BMO strategist today saying that they are not calling for a recession.

seems absurd to me, especially given this extreme shutdown is probably gonna wipe out march (Q1) and april (Q2) completely.

anyone want to hazard a guess as to the worst print we'll see in the USA........ say weekly retail sales. i'd say 25% down..... though wal-mart and grocery stores still open