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The Facts on Car Accident Deaths and COVID-19

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Logos

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I'd like to ask our resident doomdayers to please double-time their fear mongering efforts so some of us can continue to capitalize on this once-a-decade opportunity.....
Do you think yourself wise?
 

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Bible_Belt

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Well the stock market is beginning to show signs of leveling off which could mean we're near bottom.....and slowly recovering.....

....that's not good news for guys like myself who want to go baIls deep in some S&P 500, DOW JONES and TSLA shares....

....I'd like to ask our resident doomdayers to please double-time their fear mongering efforts so some of us can continue to capitalize on this once-a-decade opportunity.....
This bounce is just hitting the first fibonacci retracement levels. I would be shorting like mad. This bounce is from an economic recovery package that is far too short term in perspective to work. Plus we just printed trillions more in funny money that is backed up by an economy that is about to contract by minimum 50%, according to those leftists at Goldman Sachs. Worldwide economic depression is a very real probability.
 

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@Bible_Belt - Failed to answer the question, and accept part of the consequences of said actions. The shame heaped on his head.
 

Xenom0rph

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This bounce is just hitting the first fibonacci retracement levels. I would be shorting like mad. This bounce is from an economic recovery package that is far too short term in perspective to work. Plus we just printed trillions more in funny money that is backed up by an economy that is about to contract by minimum 50%, according to those leftists at Goldman Sachs. Worldwide economic depression is a very real probability.
This might be true...

I just checked some share prices and they've fallen back to where they closed yesterday.... I think once people realize those stimulus checks wont come until May the markets might decline more....
 

Xenom0rph

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....on the issue of a global depression, I believe social distancing might become a society norm going forward, and this will be a catalyst that will drive companies to push harder in their pursuit of automation....which will permanently eliminate certain jobs which will lead to a depression....
 
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EyeBRollin

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Yes, but the death rate is completely different thus far.

If you truly believe we will follow in Italy’s footsteps because of these graphs, then you are suggesting we are going to see a death rate near 10% as well.
It is possible. Or death rate will go up in the next few weeks as this outbreak matures. The determinant will be how much we were able to flatten the curve. If our health care system is saturated too far below the peak, expect those death rates to skyrocket.

....on the issue of a global depression, I believe social distancing might become a society norm going forward, and this will be a catalyst that will drive companies to push harder in their pursuit of automation....which will permanently eliminate certain jobs which will lead to a depression....
I respectfully disagree on social distancing becoming norm, even though it is possible. Events like this usually have a backlash. It's just human nature. If anything, people will go buck wild in the opposite direction when this is over. They'll be begging for more socialization.
 

Xenom0rph

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I respectfully disagree on social distancing becoming norm, even though it is possible. Events like this usually have a backlash. It's just human nature. If anything, people will go buck wild in the opposite direction when this is over. They'll be begging for more socialization.
.....yes that's true... In another thread i mentioned that in about 2 weeks, when cabin fever sets in, people will snap and revolt against shelter-in-place orders because isolation drives people mad.... So the average Joe likely wont practice social distancing in his personal life....

....on a business level i believe companies will use this situation to make social distancing a standard practice, which inevitably would lead to employee downsizing and an accelerated push towards automation.... Which could lead to a depression as certain jobs will be permanently eliminated....
 

zekko

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Just noticed that as of this writing, the death rate in New York has fallen below 1%. They're probably testing more people than anywhere in the US right now.
 

samspade

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I respectfully disagree on social distancing becoming norm, even though it is possible. Events like this usually have a backlash. It's just human nature. If anything, people will go buck wild in the opposite direction when this is over. They'll be begging for more socialization.
I myself am ready for a huge orgy already.
 
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Bible_Belt

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A good read to help handle the propaganda out there regarding the China virus.

It is way too early to assess the US death rate. We have barely thrown out the opening pitch in this game.
 
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ShePays

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Just noticed that as of this writing, the death rate in New York has fallen below 1%. They're probably testing more people than anywhere in the US right now.
And, if they ever tested everyone, it would probably be less than a quarter of that.
 
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