I can't believe sheer hysteria will cause the next great depression

>2 years from now
>it has all blown over
>Yas Forums is a ghost town

the death rate for most people is 0.2 fucking %, for most people its literally just a shitty flu
boomers are economically inactive and if anything some of them dyign would open up more jobs for young people while taking pressure of retirement plans and public pensions

the anti-virus shit is doing more harm than the virus

Did you hear about the oil war?

/biz / will trade in toilet paper coins

*crack*

*sip*

Yeah, well, hey. If you think about it, markets and freedom of information are good for growing your economy and all of that, but sometimes you need to be able to switch over to a planned economy and lock everything thing down to prevent a fucked-up virus from suddenly killing everybody. But you already knew that. Well, that, and the fact that there was no recovery post-2008 and you've been living on borrowed time for a decade, and you're going to need massive state intervention to unfuck what Wall Street has gotten you all into this time. Also because of the distinct nature of a crisis caused by an exogenous shock. And that you have no capacity for fiscal or monetary stimulus left.

But I'm not worried. There's a lot to look forward to. Once you guys are in the middle of another Great Depression... which should be coming up pretty soon... wellll.... that'd be a great time to borrow in order to stimulate the economy, and at the same time make necessary investments for the long haul, be it transportation infrastructure, or health care infrastructure, or education infrastructure, and all of that sweet stuff.

You just gotta keep pluggin' away at it, is all. I know you guys are pretty young though, but keep your chin up.

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infinite growth is impossible, the world must maintain its natural order, user you should know this

This hysteria isn't the sole cause of the crash, it's the straw that'll break the camel's back

Why didnt you listen?

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lmao too bad

>we need censorship

We need you and your statist ilk to put a gun in your mouths and pull the trigger.

>Literally just letting everyone get infected would cause less harm
Experts expect 70%+ of the world population to get infected. My mother, my girlfriend and myself have all gotten COVID-19. It was pretty mild for us. My girlfriend and I had it for a little over 2 weeks and my mother has had it for 4 weeks now and she still has it but it was pretty mild for all of us.

There is at least two different versions of the COVID-19 virus and one is much worse than the other.

But I still expect much of the world population to get it just as the experts say.

Yeah dude because 100s of millions of people losing their parents wont have a severe impact on the world.

>Why contain it?

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>banks can't stay liquid due to shitty collateral
do you really think banks have any collateral?

No, the lesson is global interconnectivity is a fucking disaster.

Stock market went down 8% because of something that happened 7 time zones away in a street shitting country! What a great idea!

I also can't believe how a stock market built on perception of future value could be so susceptible to the perception of a once in a century virus. it's crazy. no one saw this coming. I for once didn't sell everything, and didn't tell all my friends and family to sell a month ago.

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there are 617 million elderly people in the world, a larger number than average among wealthy countries where the risk is lower

if 70% of humanity gets infected that means 432 million boomers infected, and if 14% of them die (death rate for the elderly in china) that would mean 60 million dead boomers only, and mostly ones who already had shit health anyway

sounds better than another great depression and far more dead and fucked for life

What I mean is:
1. Fed gives primary banks liquidity
2. Primary banks funnel that money to smaller banks in third world countries around the world as eurodollars and thus outside the jurisdiction of the Fed.
3. Those smaller banks give out loans to a bunch of small businesses who, by virtue of living in a shitty third-world country, are more likely to default on those loans due to any number of outside factors (war, famine, disease, etc).

Then, again completely ignoring the virus, once there is even a minor drop in the market:
1. Small businesses can't pay the small banks.
2. Small banks can't pay the primary banks.
3. Primary banks can't stay liquid and either force inflation from the Fed by pumping even more into the market or collapse, taking a bunch of American's money with it.

>sheer hysteria
>locking down a whole fucking country leaving everyone to die of an incurable potential 100% mortality bio weapon

fuggen hell user, you are one dumb son of a bitch and your father failed you senpai

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>100% mortality
nice fanfic

imagine how bad it will be in the next shmita

Fug. What are the symptoms? I got sore throat beginning last night, but that's literally it. No fever, chills, sweat, nausea, or anything of the like. I just chalked it up to standard influenza.

How did you know it was COVID-19?
How long were you sick?

>tfw you're about to live through two global financial crises in your lifetime

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Those are exactly the symptoms.

The economic recession existed before corona dummy. This is just a catalyst for what was already a dying system. Tbh the stock market is the least of my concerns right now. Im more worried that my parents will die. If losing all of the elderly figures in your extended circle isnt a big deal for you, you probably dont have shit to live for and arent really in any position to be commenting on wider politics you cock roach. You're just some money hungry kike grub with stakes in the stock market that thinks the world exists for the sole purpose of creating the grounds required for to you experiencing uninterrupted growth on your stonks.

When I was in my 20s, I thought America and free speech was the best. Now that I turned 30, I see the Chinese were up to something. Imagine if you could jail someone that writes an article headline that says “you’re going to catch the coronavirus and here’s why” or that one article that says 80% people will get it (all shows up in Google News at the top). If you listened to Trump and only the government, they told you to calm down, the best people are on the case, and wash your hands.

Be honest. Which one is better?

>parents had threat of nuclear war
>I've lived through 9-11 years, two major financial crises and two major viruses

I am forged in F I R E

kek at you greedy faggots. if you aren't 100% liquid right now and ready to roll, you are a dumbfuck and deserve to lose it all. people care more about their lives than your funny money malarkey. thats why i and my entire family of african americans are voting for joe. he cares about people, not money. unlike trump. fuck yall.

>you're about to live through
Oh my sweet summer child
The one where the economy doesn't collapse

0.2% mortality rate for anyone but diseased almost dead boomers
total nothing burger

i wonder what % of Yas Forums are jews. you bastards care only about money. pathetic.

It has a 3.4% mortality rate world wide moron. Not 0.2%. US population is 327 million. It would be catastrophic. It doesn't just affect boomers either you fucking retard. Children and infants have very weak immune systems

>0.2% mortality
just fucking lol retard just fucking L O L

Being a child soldier in a warring thirdworld country and then becoming a mercenary would be being forged in fire.
Simply eating potato chips on the couch while watching the big scary show on TV doesn't really count.

My girlfriend and I had a sore throat and mild fever for the first few days and constant coughing for just over 2 weeks but we just got back to normal 2 days ago without seeing a doctor. We caught it from my mother who got it two weeks before us.

My mother had a store throat and mild fever for the first few days and constant coughing for just over 4 weeks now and she's still sick and coughing. She is on benzonatate prescription for it now right now. The doctor wouldn't prescribe corticosteroids because COVID-19 thrives on corticosteroids.

My mother went to the doctor and got tested. They prescribed her benzonatate and had her get some otc medication. They told her they couldn't prescribe corticosteroids because COVID-19 thrives on them.
Girlfriend and I were sick for just over 2 weeks but we're good now. My mother has been sick for just over 4 weeks.

It was pretty mild for all of us and the doctor told my mom that COVID-19 is all over and that it's really no big deal.

children are the least susceptible to covid19. they rarely get infected, those that do get infected are even more rarely severely disabled and out of all age groups their mortality rate is extremely low.

Hysterical homo

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B-but le scary zombie aids virus, y-you must be lying

user, spread across all age groups, that's 3.59% mortality rate. the biggest problem also is that if millions are infected there aren't enough ICU spaces or personnel to care for the sick. the mortality rate will only go up as a percentage the more people are infected.

The doctor that my mother went to said that COVID-19 is common and ALL OVER. And most cases are really mild. Most countries aren't testing many people and wayyyy more people have it than have been tested. So it DOES NOT have a 3.4% mortality rate because wayyyy more people have it than have been tested.

I would honestly expect that over a million people have already had COVID-19 this year. Not many people are being tested and it is very widespread and often very mild. It's so mild for some people infected with it that they don't ever show any symptoms. So that mortality rate is complete bullshit. My girlfriend and I had it and it was very mild for us. Every flu I ever had was far worse than this COVID-19.

>100s of millions of people losing their parents wont have a severe impact on the world.
This happened right before the best economic time that the world has ever seen. Read a fucking history book.

it has a mortality rate of 3.4% of all reported cases, it's still far higher then the mortality rate of all reported seasonal flu. it is far more transmissible than all strains of the seasonal flu combined and more deadly.

>that's 3.59% mortality rate
It's 0.2% for the people that actually matter.

i'm sorry you hate your parents and grandparents user.

This nigga literally had the virus and you're going to sit here and talk to him about mortality rates.

>i've seen bad news on tv
>this makes me tough
just highlights how absolutely fucked you would be in an actual happening

yes user, that's how mortality rates work, you look at the big picture, not individual cases you fucking brainlet. go sit in a corner and think about what you just said you dumb fuck.

He said "for most people". And that's because the US and China undertest. In countries with aggressive testing like SK it's 0.6% on average for every age group.
Why? Because more severe cases are more likely to be tested and inflate numbers in countries with less testing.
It's pure fucking hysteria.
As more people get tested the mortality rates will only get LOWER because they're only high where mild cases aren't tested much. That's why the USA has a higher rate than China.
And you dumb faggots are crashing the economy for nothing

I love them, they are amazing. But I can't prevent this virus, and I know that if a bunch of boomers do die off from this, then that outcome is extremely preferable. At least my dad has been working out and staying healthy every day for his entire life, so hopefully he doesn't go. However, i guarantee the old jews in finance haven't hit the gym or eaten a fucking salad in awhile.

Read this shit:
businessinsider.com/south-korea-coronavirus-testing-death-rate-2020-3

LITERALLY NOTHING.

>that's how mortality rates work
Yes, for reported cases. But if the majority of cases are unreported due to symptoms either being extremely mild or completely nonexistent, then they are inaccurate.

holy fucking shit balls, it IS PREVENTABLE. we can see as a matter of fact that China has managed to contain their outbreak by enacting strict quarantine controls. the number of cases in china are falling, same with S.Korea.

Oil $30/barrel EOW.

I think you're joking but I'm being honest. Here is the prescription she got today for her cough in this photo.

That is the "mortality rate" only because most people who have or have had covid-19 were never tested. Far more people have it than have been tested. I would bet that over a million people have or have had it worldwide this year. If you figured that in then the mortality rate is far lower. Even my mother is in the danger age and she's doing alright and should be 100% good soon. My girlfriend and I are both healthy now and only had it for just over 2 weeks. What I'm saying is that it is very minor for most people and the majority of people that have it or have had it never got tested so they dont get figured into those statistics so the mortality rate appears far higher than it actually is because most people with it aren't being tested.

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>My mother, my girlfriend and myself have all gotten COVID-19. It was pretty mild for us. My girlfriend and I had it for a little over 2 weeks and my mother has had it for 4 weeks now and she still has it but it was pretty mild for all of us.
False. You got the light strain of the nCov-19 virus, which can cause the disease COVID-19. It's like HIV causing AIDS

god damn you are thick as fuck, the reported mortality rate of influenza is 0.1% and of course those are based on the reported cases. millions get the flu without requiring hospitalization. but like COVID19, not all cases are reported either. but the fact remains the number of people who contract COVID19 and require hospitalization is far higher than the people who contract the seasonal flu and require hospitalization. you understand this? since we cannot absolutely know the exact number of infected, we can only compare it to something similar like the seasonal flu and when we do compare it we can see it's way fucking worse.