Looks like both of our upcoming trips are in big jeopardy. Denmark got hit hard the last few days and is taking aggressive measures.
Anybody doing anything fun with time they took off for trip plans that are now cancelled? There's probably a bunch of Airbnb cancellations, maybe we'll try to find something drive-able that would be fun to do with the dogs. My girlfriend suggested we do some deep spring cleaning, so I need to come up with a better idea fast. |
The dominoes are starting guys.
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Am I crazy for wanting to keep about 10K in cash around the house in case I need quick money?
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Kind of my thoughts as well. The next couple weeks could be really, really interesting. |
Trump to address the nation at 9pm.
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Why? I don't see any indications that banks will collapse (yet). |
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I saw him on TV with a bunch of Wall St. and Financials folks. If he didn't have all the baggage, thought he did okay other than at the end when he refused to take a CNN reporter's question ... "CNN, fake news, we're done". |
The University of Iowa has shut down. Virtual classes only after spring break.
Washington University in St. Louis has shut down. If Universities start shutting down, Im not sure how they have any of the Winter sports final tourneys. |
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Just saw that March madness games will have no fans. Just family and essential staff.
NCAA: March Madness will be played without fans in attendance | ksdk.com |
I'm surprised the Secret Service hasn't stepped in at these events yet. Maybe they've tried to no avail but considering his age, seems dangerous as hell.
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Can't get money if all bank employees are sick. What if I need to pay someone off for something? |
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Venmo or Cash App may do. Unless you want to keep it super quiet, in that case, you'd have the cash on hand anyways. |
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Not something I've thought about or that I've read of anyone in my social circles thinking about at all. That doesn't necessarily mean you're crazy, its just nowhere near my radar yet. I can go from my Discover Online Banking to my local bank to the ATM in just a couple days. |
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Can't get money from an ATM is the people who stock it and service it are sick, or if there is no power. I am talking real societal breakdown shit, not just cash on hand. That being said cash won't mean much if society breaks down. Medicine and guns would likely be the new currency. I floated the idea to my wife of getting a handgun and she wasn't on board. |
BUY GOLD! BUY GOLD! BUY GOLD! AND TOILET PAPER!
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I don't think we've seen any evidence that this kind of thing would last for more than an afternoon for him, if Fox & Friends contradicts his medical experts tomorrow morning, all bets are off. Absolutely terrified letting this guy address the nation to try to encourage awareness/some action but discourage a panic. |
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Every time he opens his stupid mouth he makes it worse. |
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BITCOIN!!! |
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Actually, some would say silver is better. But definitely toilet paper! |
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The best case numbers we've seen puts the fatality rate at 0.7% while on the high end the rate is somewhere in the ballpark of 3%. The swine flu was twice as deadly as a normal flu and had a fatality rate of 0.2% We do not have vaccines to help break the spread of this so it's best to get out in front of it rather than wait for it to become too widespread to contain. Why wait until millions are infected to start canceling events when we have medical professionals all over the world strongly recommending the steps cities and event organizers are taking? These aren't precautions being taken blindly. We have scientists and medical experts that are dealing with this in other countries making suggestions. |
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He's apparently waiting for Kushner to read up on it to make a decision about it. |
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Kushner has to figure out how to profit off it first. |
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Another out-of-character tweet a few minutes ago...
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I think you’re overreacting somewhat. |
Not trying to downplay this but this isn't some plague wiping out half the population. It sounds like the death rate will be between 1-2%, and that is primarily elderly people who aren't exactly stocking the ATM machines. And from what I've read, young people seem to handle this fairly well outside of a small percent who have complications.
Below are the numbers out of South Korea. The rates of death for people under 50 are right around flu levels. This is a virus that really fucks up older people.
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Okay, I see the scenario you are painting. Cash for maybe some last minute spending before it all really breaks down. If you really think society can break down for an extended period of time, sure get some cash (but the value is questionable), and I would also suggest you make sure you have enough food & water, medicine, plan for immediate family, maybe pay off several months of bills, get to know your neighbors if not already, and then get a weapon. Let me reiterate that you need to be a responsible gun owner. This means training, gun safe etc. and always be conscious (and accountable) for your actions. As someone else pointed out, there are sheep (BAAAA-den - don't agree with the characterization but was kinda funny) and there are wolves, especially more so when society collapses for a while. Katrina is my use case but I don't think we are close to that extreme. |
Per the BBC website,
Juventus have announced that Italy centre-back Daniele Rugani has tested positive for coronavirus. |
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Unfortunately, Bitcoin is taking a dive too right now. |
Am I wrong that I'm beginning to think the country is overreacting to the virus?
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You think? Jesus H Christ FOFC, get a grip! |
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No. It's a virus at least 10 times deadlier than the flu that spreads easier and has no vaccine. Some of the conservative estimates are putting deaths at 300k. |
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Well its pretty much a yearly trend since social media became huge that something big is going to wipe out a large portion of the planet. It appears to be overreaction but I guess we wont know until later. Better to be safe than sorry! |
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So you and NobodyHere care to share what you think are overreactions? |
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Our band/choir trip to Boston -- for Apr. 23 -- has been canceled. Of course I'm the music booster treasurer, so I'm going to have to figure out refunds for everyone assuming we get money back from the travel company. |
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Has anyone got information on the impact on kids? I've seen some higher death rates for older people, but I haven't seen much data on the impact to kids.
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See post #550. Basically kids are around .2% assuming no pre-existing conditions. Not sure how precise the % is but it's accepted that kids and young adults are at much lower risk. |
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I am aware of how fucked up this sounds, but the end result of this could be a net benefit for some governments by the reduction of population from these age brackets in terms of sustainability of federal social security programs, pensions, etc. as well as long-term medicare/healthcare costs. |
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Literally just watched this, scary stuff from someone who seems credible. |
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Preliminary data shows kids are at less risk and as of right now science can't explain why. IIRC, even in China, there hadn't been a death reported of any child age 9 or younger. Access Denied Quote:
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True, but it’s still up 6.75% ytd and up 97.05% for 1-yr. Slightly better than the Dow. ;) |
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Well shutting down the economy because of a virus that is mainly lethal to the elderly with complications does seem like an overreaction to me. The recession that our reaction is going to cause may be more troublesome than the virus itself. |
The elderly still the most consistent voting bloc in the country, right?
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Has there been a movie or TV series where a virus kills off all adults, leaving all the children in the world to figure it out? I'd watch that. |
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The Tribe (1999 TV series - Wikipedia) It was young adult sci-fi from New Zealand, and it was gloriously bad. |
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Well, I know how I’m spending our upcoming quarantine. Edit: Holy crap - 260 episodes? Never mind, quarantine won’t be long enough. |
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I feel like people would be OK with a recession over seeing half a million people die. |
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