Corona Virus # 3

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   / Corona Virus # 3 #21  
Dr Drew has also said, before this virus, that areas like LA are ripe for a pandemic due to the homeless situation. I think he has said that on comedian Tom Segura's podcast.
 
   / Corona Virus # 3 #22  
We went to our local Costco yesterday to buy a new TV. It wasn't any busier than normal, and everyone seemed to be buying ordinary things, mostly food items. No panic here. I thought it was a nice gesture that the greeter was wiping off every cart handle with a disinfectant wipe.

Costco in Washington State

EMPTY SHELVES: WASHINGTON REACTS - YouTube

And in New York
At #Costco in #Brooklyn #NewYork #USA. ??????Costco??#COVID2019 #Coronavirus #???? #???? - YouTube
 
   / Corona Virus # 3 #23  
Has anyone heard or seen an explanation of exactly what "community transmission of the infection" means??

Are they saying that this virus occurs naturally and it just starts showing up on its own??

How are they explaining the problem??

Methinks somebody is lying and it is likely a person in the so called community that is not honest about where they have been or who they have been around...

So this was thought to start in the fish and animal market in Wuhan China. The first cases were all people who had been to the market. Then they started having cases from people who hadn’t been to the market. Those cases would be through community transmission....doors, handrails, same bus etc.

In the USA they have cases that are from folks who, say, traveled to China. Then they have cases of folks who have no link to China or folks who have been to China. Those cases would also be through community contact.

This is why they are pushing all the normal flu prevention stuff- wash hands, don’t go out if you are sick (self quarantine) and clean commonly used surfaces (door knobs at work, shared computers etc).
 
   / Corona Virus # 3 #24  
Received in an Email

Possibly some or all of the following are true?

1) The virus was man made
2) The virus is very contagious
3) The virus kill or "severe" rate is high enough to be very worrisome
4) The virus survivors can get re-infected
5) The virus survivors have damaged lungs and heart
6) The virus requires drastic, long term measures to contain
7) The virus will disrupt life as we know it
8) The virus affects older or ill people more
9) The virus has no vaccine and no effective treatment

If we believe any of the above, then we well better be concerned.

Most of that is false! Number 7 is the result of believing 1-9!
 
   / Corona Virus # 3 #25  
Dr Drew has also said, before this virus, that areas like LA are ripe for a pandemic due to the homeless situation. I think he has said that on comedian Tom Segura's podcast.

He has also said this isn’t a pandemic. Dr Drew has spent a lot of time on homelessness in LA. That would/could quickly spread a bug. But so could mass transportation like a subway system. But the Coronavirus is not this!
 
   / Corona Virus # 3 #26  
Two things I don't understand, so I will ask now and hopefully get an answer before the thread locks again.
1)There is no cure for the common cold because it is a virus. So what vaccine or medicine are they talking about to cure this, if it is a virus?
2) Why does something like this have any effect on the stock market?

Thanks,
David
 
   / Corona Virus # 3 #27  
Two things I don't understand, so I will ask now and hopefully get an answer before the thread locks again.
1)There is no cure for the common cold because it is a virus. So what vaccine or medicine are they talking about to cure this, if it is a virus?
2) Why does something like this have any effect on the stock market?

Thanks,
David

I can answer #2, because people panic and it goes to the SM.
 
   / Corona Virus # 3
  • Thread Starter
#28  
I don't expect hem to find a cure, but they do hope to find ways to mitigate the severity of the worst cases. From the link which I posted earlier today
You won稚 be able to prevent the virus if youæ±*e exposed to it (this is a brand new virus, and no human being has any immunity to it),

The stock market is based on speculation, anytime there might be disruptions in the economy people panic as mentioned above. I don't understand the craziness going on at Costco (I presume that's a huge grocery store? We don't have those up here.) Then again I have enough food on hand for at least a month if I needed it, and if there ever was a reason to go longer than that eating will be the last of my concerns.
 
   / Corona Virus # 3 #29  
1) they're working on a vaccine now.
2) we live in a world economy and the stock market looks to the future. Fears of a worldwide pandemic means less travel which affects airlines, cruise ships, motels, fuel, entertainment, etc. Fears of less shopping.
People are sheeple so a domino effect. Market drops, masses of people "get out before they lose everything", money goes into things like treasury notes which drops interest rates and it snowballs.
Fear can be irrational. Lots of people believe all sorts of conspiracies and the media is to blame for a lot just for the sensationalism.
I think about Katrina, or 9-11, or any other disaster, there's usually a panic driven sell off...then afterwards rebuilding takes place, so building supplies, medical supplies, equipment, etc is in demand.
Eventually once sanity is restored, the calm after the storm, with positive jobs/profits reports the market goes back up.
People who weather the storm long term win.
 
   / Corona Virus # 3 #30  
2) Why does something like this have any effect on the stock market?


The story goes that the market is spooked by supply chain interruptions. Manufacturing and transportation has been shut down in some of the Asian countries that make much of what we buy. There are already stories about US and Euro companies running into supply issue to be able to make larger component systems like HVAC. I think I read that some auto makers are having trouble getting parts to make cars.

It's not the bug itself, but the results of some governments trying to contain the bug.
 
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