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#28066 |
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Join Date: Nov 2001
Casino cash: $-1787500
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You're captain pessimist. This is every bit as ridiculous as the "we'll reopen the economy and everything will be normal" stuff.
It may not look exactly the same, but life will return when we're past this thing. There will be businesses that go out of business, and other businesses that replace them or pop up, people who lose everything, and people who take this opportunity to start new businesses and succeed... and things won't be exactly the same as before, but that's how it works. Even generally, humans have survived plagues and wars and all kinds things that are far worse than this. |
Posts: 56,673
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#28067 |
I love your mom
Join Date: Feb 2020
Location: Sturgeon Falls, Ontario
Casino cash: $-935043
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I didn't say not to open them but if you do it at the wrong time it could be worse, like maybe while we are still at the top of the mountain.
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Posts: 7,778
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#28068 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $-270000
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https://en.wikipedia.org/wiki/Hot_hand
And further, I can think of multiple reasons why extrapolating what happened after the Spanish Flu means absolute **** all to the present day, but I haven't had the urge to get banned from this thread yet. But basically you have to be a monumentally optimistic clown to think the average US citizen will recover from this. There's a lot of people thinking their cushy WFH white collar jobs are safe right now.
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Chiefs 2016 Opponents: Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT Chiefs 2017 Opponents: Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South |
Posts: 45,224
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#28069 |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $-1991532
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Posts: 7,067
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#28070 |
Diablo Negro
Join Date: Sep 2003
Casino cash: $-427338
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Posts: 74,345
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#28071 | |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $-270000
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Quote:
This is worse.
__________________
Chiefs 2016 Opponents: Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT Chiefs 2017 Opponents: Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South |
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Posts: 45,224
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#28072 | |
Please squeeze
Join Date: Jul 2003
Location: Clinton, MO
Casino cash: $214644
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Quote:
Yep x1 billion |
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Posts: 67,107
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#28073 |
In Search of a Life
Join Date: Jul 2009
Casino cash: $-625936
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I think we were off in trying to estimate a total IFR for this thing. It's gonna vary greatly from place to place.
It may end up being 1.0 in NY ( I doubt that I'm guessing more .8) but could be say, .2 in KC or .03 in some rural area. There's just so many factors in play. |
Posts: 84,191
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#28074 | |
Inmem 2.0
Join Date: Aug 2007
Location: My house
Casino cash: $-1072442
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Quote:
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Posts: 78,102
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#28075 |
I love your mom
Join Date: Feb 2020
Location: Sturgeon Falls, Ontario
Casino cash: $-935043
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Posts: 7,778
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#28076 | |
"Think BOOM!"
Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $6829900
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Quote:
It's already painful for many people and it will continue to be painful. But, I think it should be remembered that this wasn't a downturn based on economics (e.g. dot.com bust, mortgage fun, etc.). Jobs weren't lost for any of those reasons. They'll come back, and least the vast majority of them. And we'll recover. Call me an optimist. We've done it before. We'll do it again.
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I think the young people enjoy it when I "get down," verbally, don't you? |
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Posts: 191,117
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#28077 |
In Search of a Life
Join Date: Jul 2009
Casino cash: $-625936
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I'm also interested to see the outcome of targeting lockdowns vs large scale ones. Everyone brings up Sweden but I think you could intelligently do it while lowering the IFR to a reasonable level and keeping economic levels reasonable as well.
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Posts: 84,191
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#28078 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $-995873
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Posts: 132,414
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#28079 | |
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Join Date: Nov 2001
Casino cash: $-1787500
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Quote:
But in general I agree, there are going to be a ton of small businesses go out because of this. And there will be others that pop up in their place. That's our economy. |
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Posts: 56,673
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#28080 | |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $-270000
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Quote:
__________________
Chiefs 2016 Opponents: Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT Chiefs 2017 Opponents: Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South |
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Posts: 45,224
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