The ultimate COVID thread

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Mman said:
you should leave the zero hedge level economic thinking where you found it. Borrowing costs are determined by the entity you are borrowing from. Your thought that they are low because the Fed keeps them low is like saying I got a good rate on my mortgage because I said so, not because that's what the bank was willing to take.

As a general rule of thumb, anybody that uses the word fiat in a sentence should be disregarded in any discussion of finance and economics.
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Mman said:
you are literally failing basic undergrad economic level topics. If you can't understand the differences between auctions of treasury bills, interest rates of treasury notes and bonds, and the federal funds rate and how those things differ, well just stop. I guarantee you that you have no formal education in the area and are simply taking things from nut job websites. It's the financial equivalent to a patient telling you about their google search.
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Mman said:
you are literally failing basic undergrad economic level topics. If you can't understand the differences between auctions of treasury bills, interest rates of treasury notes and bonds, and the federal funds rate and how those things differ, well just stop. I guarantee you that you have no formal education in the area and are simply taking things from nut job websites. It's the financial equivalent to a patient telling you about their google search.
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Nothing more painful than ignorance screamed from a rooftop. If you can't look at a 40 yr chart of rate of bills, notes, and treasuries, and fed rate and see the extremely obvious strong correlation, please just stop as you say. Please don't respond to my posts and I promise to not respond to yours. There's literally nothing you can teach me. Have a great day. Looks like beautiful weather out.
 
For anyone curious, 40 years of interest rates for the fed rate and 3 month, 5 year, and 10 year treasuries. The Fed sets the table and everyone else eats. Without this artificial lowering of interest rates we'd be close to that point of being unable to service our debt.

The pictures show this very high correlation and causation of fed rates vs treasury rates.
 

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The fed’s mandate is to promote full employment, stable prices, and moderate long-term interest rates. Before covid, unemployment was low, a gallon of milk was about the same as it was 10 yrs ago, and the rate on my 15y was 3.5%...
 
vector2 said:
The fed’s mandate is to promote full employment, stable prices, and moderate long-term interest rates. Before covid, unemployment was low, a gallon of milk was about the same as it was 10 yrs ago, and the rate on my 15y was 3.5%...
Click to expand...

and the rate on t-bills is literally set by buyers at auction that take them as being a 100% perfect risk free instrument. If that were to change and there was perception of risk that they might not be paid, the interest rate at auction would guarantee to be higher. That's how finance works. It's just like how various corporate bonds have yields from really high for low rated bonds to much lower for highly rated bonds. Once the iron clad assumption of it being a risk free asset goes away, so do any other correlations.
 
anbuitachi said:
saw this on the facebook group... thought its 'funny'.. a lot of you probably have already seen it

View attachment 301010
Click to expand...

I like the small print that "Cancelations (sic) won't be accepted". So if someone tells them they will be there and doesn't show are they going to send a hit squad across the country to find them??
 
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Mman said:
I like the small print that "Cancelations (sic) won't be accepted". So if someone tells them they will be there and doesn't show are they going to send a hit squad across the country to find them??
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Haha!!! If I was single, I would go to the frontline. Bringing my own PAPR though!
 
GravelRider said:
Solid theory?

Dude you have got to get out of your bunker and get some sun and turn off the right wing cable news. Between the weird Plaquenil posts and the conspiracy theories, you are starting to sound like an absolute wacko.
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I've spent time in China and years living in Asia. I don't watch Fox News. The theory that this outbreak came from a lab is solid. The CCP would absolutely cover this up if given the option to save face or admit that cross contamination occurred outside the lab. The first SARS outbreak in 2004 emanated from a Chinese CDC lab in Beijing and they've admitted it.
 
anbuitachi said:
i swear this thread was locked earlier today
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It was but not anymore. Just needed some time to sort things out with some users. Everyone seems to have more time on their hands so the natives (and some others) are getting a bit restless it seems.
 
JustOnePing said:
I've spent time in China and years living in Asia. I don't watch Fox News. The theory that this outbreak came from a lab is solid. The CCP would absolutely cover this up if given the option to save face or admit that cross contamination occurred outside the lab. The first SARS outbreak in 2004 emanated from a Chinese CDC lab in Beijing and they've admitted it.
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While the CCP are lowlifes who are ready to lie about anything for PR and the supreme leader, just a touch lower than our republican party nowadays, that doesn't mean anything.

www.livescience.com

The coronavirus was not engineered in a lab. Here's how we know.

The persistent myth can be put to bed.
www.livescience.com www.livescience.com
 
FFP said:
While the CCP are lowlifes who are ready to lie about anything for PR and the supreme leader, just a touch lower than our republican party nowadays, that doesn't mean anything.

www.livescience.com

The coronavirus was not engineered in a lab. Here's how we know.

The persistent myth can be put to bed.
www.livescience.com www.livescience.com
Click to expand...

I read your attached link. There is still a distinct possibility that the original infected BAT came from the Chinese CDC lab; there could have been accidental exposure to other wild animals or humans at the lab. Nobody is accusing the Chinese of "engineering" this Virus. Rather, sloppiness at the lab and/or the desire to eat bats at home may have played a role in this pandemic. By the way, the Chinese did NOTHING to stop Wet Markets after the first SARS pandemic. Now, we have a much worse situation on our hands.

You should watch this video as proof that the Chinese Communist Party engaged in a massive cover-up scheme regarding Covid 19.

 
BLADEMDA said:
I read your attached link. There is still a distinct possibility that the original infected BAT came from the Chinese CDC lab; there could have been accidental exposure to other wild animals or humans at the lab. Nobody is accusing the Chinese of "engineering" this Virus. Rather, sloppiness at the lab and/or the desire to eat bats at home may have played a role in this pandemic. By the way, the Chinese did NOTHING to stop Wet Markets after the first SARS pandemic. Now, we have a much worse situation on our hands.

You should watch this video as proof that the Chinese Communist Party engaged in a massive cover-up scheme regarding Covid 19.

Click to expand...


That video is just as bad as fox news... I couldn't even finish watching it.

There are no facts it's all conjecture. You seem to like 'sources' like that.

They released the genomic sequence to the WHO in December. That's how tests were developed for it.

To say they could have prevented 95% of a new highly contagious pandemic is crazy. It's novel. Aka, nothing was known about it. It takes time to figure out what was going on, what to do about it, and the characteristics of the disease. To say the extra time would have made a difference is bs also. We had months to prepare and even had horrifying stories from Italy to alert us, and yet we still did NOTHING until it was too late. People said that won't happen to us, 'we're not Italy.'

Typical American hubris...
 
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crash2500 said:
That video is just as bad as fox news... I couldn't even finish watching it.

There is no facts it's just conjecture. You seem to like 'sources' like that.

They released the sequence to the WHO in December. That's how tests were developed for it.

To say they could have prevented 95% of a new highly contagious pandemic is crazy. It's novel. Aka, nothing was known about it. It takes time to figure out what was going on and what to do about it and the characteristics of the disease. To say the extra time would have made a difference is bs also. We had months and even had stories from Italy to alert us and we still did NOTHING until it was too late. People said that won't happen to us 'we're not Italy.'

Typical American hubris...
Click to expand...
Nice job defending a communist oppressive state like China. How about you move there if you don't like American hubris? We have hubris for a reason. We are the undisputed world's #1 superpower.
 
tennessee2244 said:
Nice job defending a communist oppressive state like China. How about you move there if you don't like American hubris? We have hubris for a reason. We are the undisputed world's #1 superpower.
Click to expand...

they are pretty strict on immigration. they prefer their own over outsiders.
 
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What doesn't add up though is that this virus has spread to the whole world but not elswhere in China?! Maybe it has but we are not hearing stories of it's spread to other chinese cities.
1+ billion and it stays confined to one small area :uhno:
 
crash2500 said:
That video is just as bad as fox news... I couldn't even finish watching it.

There are no facts it's all conjecture. You seem to like 'sources' like that.

They released the genomic sequence to the WHO in December. That's how tests were developed for it.

To say they could have prevented 95% of a new highly contagious pandemic is crazy. It's novel. Aka, nothing was known about it. It takes time to figure out what was going on, what to do about it, and the characteristics of the disease. To say the extra time would have made a difference is bs also. We had months to prepare and even had horrifying stories from Italy to alert us, and yet we still did NOTHING until it was too late. People said that won't happen to us, 'we're not Italy.'

Typical American hubris...
Click to expand...
I find the defense of the Chinese government by both liberals and conservatives alike to be perplexing, to say the least. The whole situation reeks of a cover-up. My own family who travelled to wuhan during the epidemic defending the chinese government because they "didn't destroy their economy". If people can't see this as *maybe* being a way that China tries to destabilize the west then you are putting a cover over your eyes. A few million people dead from a billion people (hint the CCP probably doesn't care), their economy raging from the PPE supply export, destabilizing our military through illness, and F***ing up the world economy while seeding anti-american sentiment due to our incompetent leader really sounds like a genius geopolitical move by the chinese if you ask me.
 
dhb said:
What doesn't add up though is that this virus has spread to the whole world but not elswhere in China?! Maybe it has but we are not hearing stories of it's spread to other chinese cities.
1+ billion and it stays confined to one small area :uhno:
Click to expand...

Pretty sure they probably had at least 10x cases/deaths that they reported.

The degree of infectiousness was greatly underestimated due to their lack of reporting, I'm not disputing that.

However, we still had ample time to have a much better response than what we are seeing currently. There is no disputing that.
 
dhb said:
What doesn't add up though is that this virus has spread to the whole world but not elswhere in China?! Maybe it has but we are not hearing stories of it's spread to other chinese cities.
1+ billion and it stays confined to one small area :uhno:
Click to expand...

China is not supplying the correct number of infected nor deaths.
 
crash2500 said:
That video is just as bad as fox news... I couldn't even finish watching it.

There are no facts it's all conjecture. You seem to like 'sources' like that.

They released the genomic sequence to the WHO in December. That's how tests were developed for it.

To say they could have prevented 95% of a new highly contagious pandemic is crazy. It's novel. Aka, nothing was known about it. It takes time to figure out what was going on, what to do about it, and the characteristics of the disease. To say the extra time would have made a difference is bs also. We had months to prepare and even had horrifying stories from Italy to alert us, and yet we still did NOTHING until it was too late. People said that won't happen to us, 'we're not Italy.'

Typical American hubris...
Click to expand...

Hey... the segment is from 60 minutes Australia! They did the discovery on this subject. I am not sure 60 Minutes Australia is like Fox News in the USA.
 
All you Trump haters out there need to look into the facts. Trump was being advised the risks from Covid 19 were very low to the USA. This advice was coming from DR. Faucci as late as mid February 2020. Trump, who I admit is an idiot, was relying on Faucci and others to advise him. Trump did put his usual spin on the issue and that didn't help but the FACTS show it was the experts who let us down here.


www.usatoday.com

'Danger of getting coronavirus now is just minusculely low'

Did the new coronavirus start in a market? Is China fudging COVID-19 numbers? How close are we to a vaccine? Do masks work? Dr. Anthony Fauci answers.
www.usatoday.com

www.cnbc.com

Health experts call for calm as coronavirus cases rise

China's reaction to the health crisis is among the reasons why we shouldn't panic about the virus, experts say.
www.cnbc.com www.cnbc.com
 
BLADEMDA said:
All you Trump haters out there need to look into the facts. Trump was being advised the risks from Covid 19 were very low to the USA. This advice was coming from DR. Faucci as late as mid February 2020. Trump, who I admit is an idiot, was relying on Faucci and others to advise him. Trump did put his usual spin on the issue and that didn't help but the FACTS show it was the experts who let us down here.


www.usatoday.com

'Danger of getting coronavirus now is just minusculely low'

Did the new coronavirus start in a market? Is China fudging COVID-19 numbers? How close are we to a vaccine? Do masks work? Dr. Anthony Fauci answers.
www.usatoday.com

www.cnbc.com

Health experts call for calm as coronavirus cases rise

China's reaction to the health crisis is among the reasons why we shouldn't panic about the virus, experts say.
www.cnbc.com www.cnbc.com
Click to expand...

"
Q. Bottom line, how worried should people in America be?

A. The risk of coronavirus in this country is still relatively low, but, as I said about the possibility of emerging into a pandemic, this could change. As of today, on the 17th of February, the risk is really relatively low. But we, the public health officials, have to take this seriously enough to be prepared for it changing and there being a pandemic."
"

Which part of having 6 rallies and 5 golf outings and calling the situation the new democratic hoax was trump taking it seriously?

And even granting for a sec that he was misled (despite the reports of the intelligence community and military warning of the danger in Jan and Feb), how do you grade the response of the federal government now?
 
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BLADEMDA said:
All you Trump haters out there need to look into the facts. Trump was being advised the risks from Covid 19 were very low to the USA. This advice was coming from DR. Faucci as late as mid February 2020. Trump, who I admit is an idiot, was relying on Faucci and others to advise him. Trump did put his usual spin on the issue and that didn't help but the FACTS show it was the experts who let us down here.


www.usatoday.com

'Danger of getting coronavirus now is just minusculely low'

Did the new coronavirus start in a market? Is China fudging COVID-19 numbers? How close are we to a vaccine? Do masks work? Dr. Anthony Fauci answers.
www.usatoday.com

www.cnbc.com

Health experts call for calm as coronavirus cases rise

China's reaction to the health crisis is among the reasons why we shouldn't panic about the virus, experts say.
www.cnbc.com www.cnbc.com
Click to expand...

Ok, maybe the risk was low at the time. Don't you think we should have been preparing contingency plans? We didn't stay doing anything until there are thousands of cases. No plan for testing, no ppe production.
 
vector2 said:
"
Q. Bottom line, how worried should people in America be?

A. The risk of coronavirus in this country is still relatively low, but, as I said about the possibility of emerging into a pandemic, this could change. As of today, on the 17th of February, the risk is really relatively low. But we, the public health officials, have to take this seriously enough to be prepared for it changing and there being a pandemic."
"

Which part of having 6 rallies and 5 golf outings and calling the situation the new democratic hoax was trump taking it seriously?

And even granting for a sec that he was misled (despite the reports of the intelligence community and military warning of the danger in Jan and Feb), how do you grade the response of the federal government now?
Click to expand...

Trump did put his "spin" on the early advice to downplay Covid 19. That was a big mistake. I hold all 3 administrations respomsible for the lack of preparedness against Covid 19. With all the money we WASTE every year why in the world don't we have a vaccine against SARS? Why don't we have an antiviral treatment (proven) against SARS? Both Bush and Obama share in this blame along with Trump who I readily admit was the least prepared of the three to deal with this type of crisis.
 
SARS-CoV, which causes SARS, originated in horseshoe bats, but jumped to humans in South China in 2002, eventually infecting more than 8,000 people and killing almost 800 before it was quelled by lockdowns, quarantines and other measures.

SARS-CoV-2, a closely related coronavirus that causes COVID-19, first emerged in the Chinese city of Wuhan in late 2019. Much more infectious than its viral cousin, it has led to a pandemic, causing far more cases of illness and fatalities than SARS. The development of a vaccine or even an effective treatment could significantly ameliorate the crisis.

www.sciencedaily.com

Clues to COVID-19 coronavirus's vulnerability emerge from an antibody against SARS

An antibody recovered from a survivor of the SARS epidemic in the early 2000s has revealed a potential vulnerability of the new coronavirus at the root of COVID-19.
www.sciencedaily.com


An antibody recovered from a survivor of the SARS epidemic in the early 2000s has revealed a potential vulnerability of the new coronavirus at the root of COVID-19, according to a study from scientists at Scripps Research.
 
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BLADEMDA said:
Trump did put his "spin" on the early advice to downplay Covid 19. That was a big mistake. I hold all 3 administrations respomsible for the lack of preparedness against Covid 19. With all the money we WASTE every year why in the world don't we have a vaccine against SARS? Why don't we have an antiviral treatment (proven) against SARS? Both Bush and Obama share in this blame along with Trump who I readily admit was the least prepared of the three to deal with this type of crisis.
Click to expand...

Yea yea, as I said before, the trumpist playbook is blame China, blame Obama, blame Bush, blame impeachment, blame Congress, blame media, blame health officials, blame governors, blame mayors. The buck stops anywhere but the oval office. We'll see if that logic holds up in the fall election.


---
President Donald Trump on Friday deflected blame for his administration’s lagging ability to test Americans for the coronavirus outbreak, insisting instead — without offering evidence — that fault lies with his predecessor, Barack Obama.

“I don't take responsibility at all,” Trump said defiantly, pointing to an unspecified “set of circumstances” and “rules, regulations and specifications from a different time.”
---
 
Things changed in the last week of February, and top health organization officials and Fauci became well aware that this was headed towards a pandemic and that the US would be hit hard. Trump needed to rely on the experts at that point but he did not. It took way too long for him to react appropriately. And, iirc, instead of having an expert lead the govt response and inform/advise the public, he put Mike Pence in charge of leading the entire task force.
 
Ezekiel2517 said:
And, iirc, instead of having an expert lead the govt response and inform/advise the public, he put Mike Pence in charge of leading the entire task force.
Click to expand...

This is a silly critique.

One does not need to be a scientist or epidemiologist to lead a team. Managing a task force is exactly the kind of job for which a former governor is well-suited.
 
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vector2 said:
This is unreal.....unfcking real
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If you allow your jaw to drop from a carefully-cut clip, you're engaging in the peak of credulity.
 
radsisrad said:
If you allow your jaw to drop from a carefully-cut clip, you're engaging in the peak of credulity.
Click to expand...

I watched the whole thing today. The clip is perfectly in context of how his pressers are on the whole (excluding when someone else speaks) : a 1h rambling, uninformative, argumentative tantrum.
 
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vector2 said:
The fed’s mandate is to promote full employment, stable prices, and moderate long-term interest rates. Before covid, unemployment was low, a gallon of milk was about the same as it was 10 yrs ago, and the rate on my 15y was 3.5%...
Click to expand...
.....and the amount of just federal debt (let alone state, local, pension and private) added each year to float all of that has been about a Trillion dollars a year since 2008. There is no free lunch.
 
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radsisrad said:
In fairness... anesthesiologists aside, the physician's role is not nearly as hands-on as the nurse's or RT's.
Click to expand...
Seriously. So why do they even need docs in the first place? Why don’t all these nurses and RTs run the ship.

We really need to band together and stand up for ourselves.

People like you aren’t helping.
 
Ronin786 said:
His natural ability shines through.
Click to expand...
When he said that wearing masks is just a recommendation, and it's voluntary, and he won't, I just :barf: and changed the channel. That was beyond irresponsible. That was as reckless as when he was claiming that the pandemic is democrat fake news.

I don't think Al-Qaeda is responsible for as many American deaths as this president will be, by the end of this epidemic. The 25th Amendment was invented for somebody like this. The reason he surrounds himself with sycophants is that he knows it, and he's afraid.

Just FYI: wearing the basic surgical mask decreases the dispersion of viral particles at more than 3.3 feet, with normal BREATHING (not cough!), from 31%(!!!) to 5% (N95 is like 1.5%, if I remember correctly). Patients are most dangerous while asymptomatic (superspreaders).

Screen-Shot-2020-03-28-at-9.03.31-AM-1024x640.png
 
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radsisrad said:
In fairness... anesthesiologists aside, the physician's role is not nearly as hands-on as the nurse's or RT's.
Click to expand...
The hell are you talking about? Vast majority of these patients going to the unit at a minimum get intubated, a central line, and an arterial line. These procedures all require hands the last time I checked.
 
Ezekiel2517 said:
The hell are you talking about? Vast majority of these patients going to the unit at a minimum get intubated, a central line, and an arterial line. These procedures all require hands the last time I checked.
Click to expand...

Take the job of an internist, for example. Most of the time he spends is on the computer or speaking with his team. Apart from a quick physical, non-procedural docs are less hands-on than nurses or RTs.
 
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