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Post by johneppstein on Apr 8, 2020 16:04:11 GMT -6
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Post by winetree on Apr 8, 2020 16:20:44 GMT -6
And all the government officials dumped their stocks before the market crashed.
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Post by the other mark williams on Apr 8, 2020 16:24:15 GMT -6
And all the government officials dumped their stocks before the market crashed. Including the senior Senator from my state (Richard Burr). |
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Post by svart on Apr 8, 2020 17:00:03 GMT -6
China knew since October.
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Post by gwlee7 on Apr 8, 2020 17:17:21 GMT -6
And all the government officials dumped their stocks before the market crashed. Including the senior Senator from my state (Richard Burr). I lived in NC my entire life until 2 1/2 yrs ago when I moved to DFW. NC politics is interesting at best. |
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Post by christopher on Apr 8, 2020 18:06:39 GMT -6
www.cnbc.com/2019/08/14/the-inverted-yield-curve-explained-and-what-it-means-for-your-money.htmlEveryone in the markets knew we are borrowed time. The virus was a trigger, and actually may save the day from a normal recession.. in the form of bank loans should be easier to get, payment forgiveness, the whole shebang.. its crazy. But a massive downturn was coming, didn't matter the reason. I think this is the 4th state of emergency for my county in the last year? Floods.. power outages.. fires.. now this. So I'm used to everything getting paused lol.. it pops back up, be thankful for loved ones, good food, good alcohol.. good music! 
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Post by svart on Apr 8, 2020 19:05:26 GMT -6
www.cnbc.com/2019/08/14/the-inverted-yield-curve-explained-and-what-it-means-for-your-money.htmlEveryone in the markets knew we are borrowed time. The virus was a trigger, and actually may save the day from a normal recession.. in the form of bank loans should be easier to get, payment forgiveness, the whole shebang.. its crazy. But a massive downturn was coming, didn't matter the reason. I think this is the 4th state of emergency for my county in the last year? Floods.. power outages.. fires.. now this. So I'm used to everything getting paused lol.. it pops back up, be thankful for loved ones, good food, good alcohol.. good music! You know, I was wondering the same thing.. I wonder if this didn't create a really sharp and fast faux recession that reset the markets somewhat.. I wonder if people being locked up at home for so long will spur them to go out and spend money on vices they haven't been able to partake in like eating out, going to the movies, etc. |
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Post by johneppstein on Apr 8, 2020 20:02:19 GMT -6
www.cnbc.com/2019/08/14/the-inverted-yield-curve-explained-and-what-it-means-for-your-money.htmlEveryone in the markets knew we are borrowed time. The virus was a trigger, and actually may save the day from a normal recession.. in the form of bank loans should be easier to get, payment forgiveness, the whole shebang.. its crazy. But a massive downturn was coming, didn't matter the reason. I think this is the 4th state of emergency for my county in the last year? Floods.. power outages.. fires.. now this. So I'm used to everything getting paused lol.. it pops back up, be thankful for loved ones, good food, good alcohol.. good music! You know, I was wondering the same thing.. I wonder if this didn't create a really sharp and fast faux recession that reset the markets somewhat.. I wonder if people being locked up at home for so long will spur them to go out and spend money on vices they haven't been able to partake in like eating out, going to the movies, etc. The figures are far worse for the current situation than for even a bad recession like the one in 2007. A lot of economists are saying this is worse than the Great Depression of the '30s.
This is in no way a "faux Recession" and there is nothing really "sharp and fast" about it. Major depressions always come on fast - recovery can take decades. It took WWII to end the Great Depression in the US, more than 10 years after the Black Tuesday crash in 1929.
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Post by christopher on Apr 8, 2020 21:16:14 GMT -6
I had to give you thumbs up because everything you said is true. And unfortunately the signal came last August which means right about now.. But ultimately nobody knows for sure, and the government has a ridiculous amount of motivation to avoid one at least until next year. And well, this virus you can't avoid.. either shut her down and claim a hero during the recession, or let her rip and suffer the carnage that will also cause recession.
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Post by Johnkenn on Apr 9, 2020 7:52:40 GMT -6
You know, I was wondering the same thing.. I wonder if this didn't create a really sharp and fast faux recession that reset the markets somewhat.. I wonder if people being locked up at home for so long will spur them to go out and spend money on vices they haven't been able to partake in like eating out, going to the movies, etc. The figures are far worse for the current situation than for even a bad recession like the one in 2007. A lot of economists are saying this is worse than the Great Depression of the '30s. This is in no way a "faux Recession" and there is nothing really "sharp and fast" about it. Major depressions always come on fast - recovery can take decades. It took WWII to end the Great Depression in the US, more than 10 years after the Black Tuesday crash in 1929.
Depends on if we get back to work mid-May. Longer and we’re in trouble. |
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Post by Johnkenn on Apr 9, 2020 8:14:20 GMT -6
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Post by johneppstein on Apr 9, 2020 14:54:33 GMT -6
Trump admitted that he had the memo on his desk for "a long time" but he ignored it, like he nearly always does with memos.
If he doesn't read the memos he thinks that people can't say that he knew, which in his mind absolves him from all responsibility.
Kinda like a little kid sticking his fingers in his ears and yelling "I CAN'T HEAR YOU!" over and over at the top of his lungs.
And how many "Official Statements" have we heard from this administration that have been proven untrue? Can anybody count that far?
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Post by swurveman on Apr 10, 2020 8:47:14 GMT -6
"What was challenging for me coming from the disciplined, highly process-oriented ExxonMobil corporation,” Tillerson said, was “to go to work for a man who is pretty undisciplined, doesn’t like to read, doesn’t read briefing reports, doesn’t like to get into the details of a lot of things, but rather just kind of says, ‘This is what I believe.’ ” - Rex Tillerson People can play "media wars", but Trump is the worst person to be leading our country at this time. |
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Post by mikec on Apr 10, 2020 10:39:42 GMT -6
I would place zero stock in anything Tillerson said given all the cover ups and lies from Exxon over the years.
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Post by donr on Apr 10, 2020 10:58:06 GMT -6
Trump should have locked us down the moment the House voted to impeach. Can you imagine if he had? I can.
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Post by donr on Apr 10, 2020 12:25:08 GMT -6
I would place zero stock in anything Tillerson said given all the cover ups and lies from Exxon over the years. Ha, I don't doubt working for Trump was challenging for Tillerson. |
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Post by swurveman on Apr 10, 2020 15:57:00 GMT -6
I would place zero stock in anything Tillerson said given all the cover ups and lies from Exxon over the years. OK, I'll put aside that you may believe that Trump is actually an organized person who reads and studies a lot of the issues and acts from a place of studied, deliberate leadership. I place zero stock in a President who is so ignorant that he doesn't even know the simple fact that you can't treat viruses with antibiotics. He actually said this today: TRUMP: "The germ has gotten so brilliant that the antibiotic can't keep up with it." WTF? |
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Post by matt@IAA on Apr 10, 2020 16:52:08 GMT -6
Azithromycin is an IL6 inhibitor. The main way people die from COVID19 is from ARDS caused by a cytokine storm, and IL6 inhibitors can prevent this. Does that change your view?
PS. HCL is an IL6 inhibitor also
PPS. There are other IL6 inhibitors being tested.
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Post by swurveman on Apr 10, 2020 17:46:34 GMT -6
Azithromycin is an IL6 inhibitor. The main way people die from COVID19 is from ARDS caused by a cytokine storm, and IL6 inhibitors can prevent this. Does that change your view? PS. HCL is an IL6 inhibitor also PPS. There are other IL6 inhibitors being tested. No. Before he made the statement I quoted he said, "Antibiotics used to solve every problem". WTF? Show me where antibiotics solved the polio virus problem, or the swine flu virus problem, or the Ebola virus problem etc.etc. etc.. And an antibiotic is not going to solve the Coronavirus problem. A vaccine will. The man is misinforming people. He does it all the time. |
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Post by donr on Apr 10, 2020 19:16:27 GMT -6
Trump was right about China.
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Post by johneppstein on Apr 10, 2020 19:53:49 GMT -6
Geoffrey Ingersoll is a far right wing pundit and political commentator, hardly a reliable source, especially compared to an established news outlet of long and respected standing like ABC news. And with a definite axe to grind regarding this specific matter of the suppression of information by an administration that is well known for doing just that.
ABC does not engage in tabloid yellow journalism.
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Post by johneppstein on Apr 10, 2020 20:04:48 GMT -6
Azithromycin is an IL6 inhibitor. The main way people die from COVID19 is from ARDS caused by a cytokine storm, and IL6 inhibitors can prevent this. Does that change your view? PS. HCL is an IL6 inhibitor also PPS. There are other IL6 inhibitors being tested. No. Before he made the statement I quoted he said, "Antibiotics used to solve every problem". WTF? Show me where antibiotics solved the polio virus problem, or the swine flu virus problem, or the Ebola virus problem etc.etc. etc.. And an antibiotic is not going to solve the Coronavirus problem. A vaccine will. The man is misinforming people. He does it all the time. An antiviral could also help, but antibiotics and antivirals are generally not the same thing. Most of the new, effective antivirals are of the relatively new drug family of monoclonal antibodies, which can be identified by the suffix "mab" on their pharmaceutical name. |
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Post by ericn on Apr 11, 2020 19:35:08 GMT -6
Trump was right about China. Kind of, the problem here my friend is that he put the US in the same situation as China with a terrible role out of testing and not sitting down with the right people and simply asking what do you need right now and what will you need as this goes on. Example you don’t ask the CEO of GM can you make ventilators you ask the CEO’of GE medical, the heads of Philip’s & Siemens USA health care divisions “ who in your company’s can tell me who can build what you need to get more out the door?” First rule of any large organization the guy in charge is guy who actually knows the least about what we actually do! |
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Post by ericn on Apr 11, 2020 19:45:12 GMT -6
Azithromycin is an IL6 inhibitor. The main way people die from COVID19 is from ARDS caused by a cytokine storm, and IL6 inhibitors can prevent this. Does that change your view? PS. HCL is an IL6 inhibitor also PPS. There are other IL6 inhibitors being tested. The problem is that you need the right IL6 inhibitors and you need to administer it at the right time at the right dose, figure in that in general and the type of infection what are the possible side effects. Then throw in the fact that while you studied all this the virus probably evolved. It’s just not all that easy. Now let’s add the fact that using your best weapon might just have made the next new virus harder to contain. This why you don’t spend your time social distancing in a text chain with virologist, pharmacists and world immunologists ( who you owe your life to) as your all drinking. |
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Post by matt@IAA on Apr 11, 2020 20:32:46 GMT -6
Leaked NEJM study (n=62) summary allegedly shows negative outcomes with HCL. And a large scale (n=900k) meta analysis of HCL use with RA folks shows HCL quite safe for short term use, but HCL and azithromycin up to 2x risk of heart related mortality. Bleh. 👎
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