Current Affairs Coronavirus Thread - Serious stuff !!!

[LinekersLegs]

Quick synopsis of the broad conclusions please

That based on genetic makeup of the Washington cases they likely all derive from a single infection around mid Jan that then spread down to California and onto a cruise ship.

 

[Piijt]

Post from doctor in Bologna - Worth reading all of it:

Christ, that’s terrifying

 

[verreauxi]

To sum up the madness.

Over 28000 tested for Corona virus

1% actually have it.

The whole thing is ridiculous now , media not reporting the full facts, every story designed to create panic over nothing.

As I'll keep saying, if this was just described as a flu outbreak noone would have cared.

To just describe it as the flu would be highly irresponsible of health officials, mostly because it is clearly not the flu. In a town of 50000 with a 1% incidence and 1% mortality rate, this means that 50 people would die over and above those that die from the flu. Why would anyone want to claim it is just the flu when it isn't?

Flu death rate is 0.1%, Corona virus could be as high as 2%
Flu is less easily spread, Corona virus is more easily spread
Flu kills younger children, Corona virus doesn't seem to
Older men, but not women, in their >40s are more likely to die from corona virus
Corona virus appears more likely to lead to pneumonia versus flu
There are antiviral drugs/vaccines for the flu, there are none for corona virus

This outbreak is something that should be contained and managed if at all possible.

 

[Dixieslaces]

America just announced a Cease to Trading on The Dow to try and halt the slide, more chaos to come then!

 

[riddick]

America just announced a Cease to Trading on The Dow to try and halt the slide, more chaos to come then!

First time since the 2008 crisis. Personally I think that's BS as isn't the whole idea "let the free market decide"?

 

[LinekersLegs]

 

[Gwladysstreetlad]

 

[Dixieslaces]

First time since the 2008 crisis. Personally I think that's BS as isn't the whole idea "let the free market decide"?

I'm sure there is a very good logic to this move and I do not profess to have any ideas on Share Dealing etc but this says to me that there is a real risk of a Global Recession but yes from my limited viewpoint I agree that "free market" is the driver and this does not instil faith in any way that I can decipher, sort of reeks of "im taking my ball home!" I may well of course read this completely wrong!

 

[Mrk]

First time since the 2008 crisis. Personally I think that's BS as isn't the whole idea "let the free market decide"?

Boring/nerdy explanation: It's an automatic pause in trading for 15 minutes if the market falls more than 7% to maintain liquidity in the markets - it has been in place since the 80's I think.

 

[Dixieslaces]

Boring/nerdy explanation: It's an automatic pause in trading for 15 minutes if the market falls more than 7% to maintain liquidity in the markets - it has been in place since the 80's I think.

Thank you, that makes more sense. Although dropped 6% on re-opening I believe

 

[Mrk]

Thank you, that makes more sense. Although dropped 6% on re-opening I believe

Yep it's currently down about 6.5% - a big drop and, if you're interested making money in the long-term, a good time to buy!

 

[LinekersLegs]

 

[Toast]

Made me think of "Shake hands" off Boys from the Blackstuff for some reason this.

 

[Mrk]

I mean, it would be hilarious if he contracted it after denying that it's an issue.

 

[Paris]

Just thought I'd give an update on my isolation:

I'm almost climbing up the walls, this is only day 2.