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Nzoner's Game Room>***NON-POLITICAL COVID-19 Discussion Thread***
JakeF 10:28 PM 02-26-2020
A couple of reminders...

Originally Posted by Bwana:
Once again, don't come in this thread with some kind of political agenda, or you will be shown the door. If you want to go that route, there is a thread about this in DC.
Originally Posted by Dartgod:
People, there is a lot of good information in this thread, let's try to keep the petty bickering to a minimum.

We all have varying opinions about the impact of this, the numbers, etc. We will all never agree with each other. But we can all keep it civil.

Thanks!

Click here for the original OP:

Spoiler!

[Reply]
BigRedChief 02:18 PM 03-17-2020
Originally Posted by KCUnited:
Unless they start showing footage of Americans dying of this on tv, consecutive 50 degree sunny days will likely put an end to any serious quarantine efforts here. It's been 2 days and people seem to be getting over it already.
just look at the pics the last few days on the beaches down here. 84 and they are packed with milliennials.
[Reply]
RINGLEADER 02:19 PM 03-17-2020
Originally Posted by DaneMcCloud:
I'm not really concerned about that with Millennials or Gen Z. Most people of those generations are used to being indoors and communicating via their electronic devices.

I'm not really concerned about Boomers, as duh, they're at the highest risk of contracting this disease and dying.

It's really about the Gen X'ers. We grew up much differently than the other generations and there's probably a lower tolerance for being kept indoors or on a curfew.

All that said, I think it would take a few months before any real civil unrest rears is ugly head and hopefully, it never comes to that on any scale.
My parents (who are in their eighties) made an interesting observation — they both said it reminded them of how life was like in WW2 as kids. They did what they had to do and that this felt the same.
[Reply]
Hammock Parties 02:20 PM 03-17-2020
Oh wow. We're socialists now.

NEW: Treasury Sec. Steve Mnuchin: "We're looking at sending checks to Americans immediately...and I mean now, in the next two weeks."

Mnuchin declined to name an amount. https://t.co/fGuwrsbtfV pic.twitter.com/n8vtFOlZv9

— ABC News (@ABC) March 17, 2020

[Reply]
DJ's left nut 02:20 PM 03-17-2020
Originally Posted by BigRedChief:
yeah there are millions of Middle class working Americans in the same boat. No fault of their own and now, no income coming in. Glad to hear Congress talking about putting money immediately into the pockets of the poor and middle class to help tide people over for a little while.
Looking at the stimulus packages in Europe suggests what we're more likely to eventually start doing here.

They're guaranteeing billions in loans. If the government comes up with a package that offers something similar, that should calm the markets down quite a bit.

Give business owners the understanding that they'll have banks that are fully backed by the gov't and thus willing to stand behind them to get through this and they'll calm down a LOT.

This initial package that's cleared the House doesn't do that and that's why you've seen little in the way of market response. What we've seen now does nothing but encourage businesses to cut their employees loose. "Well if the gov't is pumping money into unemployment...guess you're on your own. Sorry - keep your contact information up to date..."
[Reply]
Mecca 02:21 PM 03-17-2020
Originally Posted by Hammock Parties:
Oh wow. We're socialists now.

Give me a bunch of money my dudes, I need some TP.
[Reply]
DJ's left nut 02:22 PM 03-17-2020
Originally Posted by Hammock Parties:
Oh wow. We're socialists now.

Yeah, to my eyes that's just backwards. It's populist (to be generous) and does little to truly calm things.

That approach will GET people laid off. You want to prevent layoffs, back loans. And if companies get them but then don't need them, they'll pay 'em back. If they need 'em but the economy comes out as hot as many expect when this passes, they'll recover significant chunks of those losses as things improve and can pay them back over a reasonably short period of time.

But you have to give businesses the confidence that there will be banks willing to stand behind them. And to do that you have to signal the banks that the government will stand behind them.
[Reply]
DaneMcCloud 02:23 PM 03-17-2020
Originally Posted by RINGLEADER:
My parents (who are in their eighties) made an interesting observation — they both said it reminded them of how life was like in WW2 as kids. They did what they had to do and that this felt the same.
That's kind of been my thinking as well.

We're bound together as a Nation to combat this thing and it's really the first time since the US entered WWII.

We've had other tragedies that have affected certain parts of the country in 9/11, school shootings, etc. but those are isolated events that don't effect everyone.

We live in the Greatest Nation On Earth. We can get through this together as One.
[Reply]
Baby Lee 02:24 PM 03-17-2020
Originally Posted by patteeu:
So is he matching or doubling? Aren't they the same thing?
Matching is making the same donation [double TOTAL, when you add together Tyreek and Travis]
Doubling is making twice the donation [triple TOTAL, 1+2]
[Reply]
Discuss Thrower 02:24 PM 03-17-2020
I'm kicking myself for not re-reading the Plague back in January before I started Soldier of a Great War.
[Reply]
Bugeater 02:27 PM 03-17-2020
Originally Posted by DaneMcCloud:

It's really about the Gen X'ers. We grew up much differently than the other generations and there's probably a lower tolerance for being kept indoors or on a curfew.
You're goddamn right. If I want to go for a ride in my Camero at 2am, by god I'm going for a ride in my Camero at 2am.
[Reply]
DJ's left nut 02:28 PM 03-17-2020
So evidently MU Health is forming a plan to create a triage unit at University Hospital for an eventual surge in cases.

My wife is a clinic nurse and eventually you have to believe they'll shut down clinics for all non-emergency cases. In urology that's like...none of 'em. Really, most clinics see very few emergency cases so I suspect if/when this starts to ramp up in mid-mo, we'll see Mizzou shut down clinics and reallocate nurses to critical care triage units.

To Dane's point, that's why I see the 'critical care' stats as faulty. They simply aren't considering surge capacity. My wife isn't figured at all in those statistics right now but in the event they close clinics, it will free up dozens of nurses (who were all trained on the floor at one point) to address critical care shortages. We could easily triple our capacity in the span of a few weeks, especially with so many healthcare providers putting together contingencies now.

We'll find solutions. We're !@#$ing good at this.

{waves flag}
[Reply]
DaneMcCloud 02:28 PM 03-17-2020
Originally Posted by DJ's left nut:
Yeah, to my eyes that's just backwards. It's populist (to be generous) and does little to truly calm things.
I watched the entire press conference this morning.

The POTUS and Mnunchin both said that "Millionaires" won't receive checks and that there will be a cutoff but that most Americans will receive $1,000 dollars to spend at will.

Mnuchin didn't clarify but if going by his words, if each American worker is given $1,000 dollars, meaning that two income households receive $2,000 dollars, it should ease some of the unrest.

It's a bold move and from my recollection, the first of its kind, which again proves that not only is the country not prepared for a pandemic but that we're facing something completely unprecedented.

Let's just hope that we can learn from this situation because I highly doubt this will be the last time.
[Reply]
BigRedChief 02:28 PM 03-17-2020
Originally Posted by DJ's left nut:
Looking at the stimulus packages in Europe suggests what we're more likely to eventually start doing here.

They're guaranteeing billions in loans. If the government comes up with a package that offers something similar, that should calm the markets down quite a bit.

Give business owners the understanding that they'll have banks that are fully backed by the gov't and thus willing to stand behind them to get through this and they'll calm down a LOT.

This initial package that's cleared the House doesn't do that and that's why you've seen little in the way of market response. What we've seen now does nothing but encourage businesses to cut their employees loose. "Well if the gov't is pumping money into unemployment...guess you're on your own. Sorry - keep your contact information up to date..."
Originally Posted by DJ's left nut:
Yeah, to my eyes that's just backwards. It's populist (to be generous) and does little to truly calm things.

That approach will GET people laid off. You want to prevent layoffs, back loans. And if companies get them but then don't need them, they'll pay 'em back. If they need 'em but the economy comes out as hot as many expect when this passes, they'll recover significant chunks of those losses as things improve and can pay them back over a reasonably short period of time.

But you have to give businesses the confidence that there will be banks willing to stand behind them. And to do that you have to signal the banks that the government will stand behind them.
I have no clue on economic theories.

I see no way to talk about these issues without bringing politics into the discussion. So I’m going to punt on any bailout, stimulus etc. discussion.
[Reply]
RINGLEADER 02:29 PM 03-17-2020
Originally Posted by BigRedChief:
just look at the pics the last few days on the beaches down here. 84 and they are packed with milliennials.
Was talking with some financial types who basically said this has been handled all wrong by the politicians (big surprise). Instead of sequestering those at greatest risk and using common sense for everyone else it is now a race to shut down the economy completely over something that — at worst case — may be twice as virulent as the flu for those 50 and under and is likely not much more than that in total. Their theory is that the 1.5% mortality rate in the US is based on a total number of cases that is significantly higher (because of asymptomatic carriers who never get sick, those with minor cases who never reported it, etc.) and this would further dilute the total mortality rate (as some have pointed out here).

All that said, since the politicians have adopted the current strategy they see the markets falling another 20%-30% regardless of stimulus since there is no real way to have meaningful commerce for the foreseeable future. They say we would have done better turning off the stock market for a month, focusing on quarantines of the elderly and letting the chips fall with everyone else, 99.5% of whom would get something closer to the flu.

They also told me to sell Apple at $100 so WTF do they know, but I thought it was an interesting take even if completely wrong.
[Reply]
DJ's left nut 02:31 PM 03-17-2020
Originally Posted by DaneMcCloud:
I watched the entire press conference this morning.

The POTUS and Mnunchin both said that "Millionaires" won't receive checks and that there will be a cutoff but that most Americans will receive $1,000 dollars to spend at will.

Mnuchin didn't clarify but if going by his words, if each American worker is given $1,000 dollars, meaning that two income households receive $2,000 dollars, it should ease some of the unrest.

It's a bold move and from my recollection, the first of its kind, which again proves that not only is the country not prepared for a pandemic but that we're facing something completely unprecedented.

Let's just hope that we can learn from this situation because I highly doubt this will be the last time.
But here's the thing - what's it actually do?

The key to any dollar spent is not the dollar, right? It's the multiplier effect of that dollar. You give someone a dollar and they save it, it does dick. But if they spend it, it cycles around dozens of times through various consumers before it eventually peters out (as everyone saves a few cents per 'touch').

So if you shut down the economy but give everyone $1,000, they'll...what? Pay the mortgage and buy some groceries. Well the mortgage/rent money will largely stall out as well because it'll go to a bank who will then hold onto it like grim death because the economy is frozen. The grocery money will cycle through a much smaller pool of consumers before it's multiplier peters out because again, people are scared.

The answer isn't a direct infusion because it won't multiply well due to the fear from banks/businesses.

It just seems wholly politically motivated rather than truly designed to address the problems that will eventually surface on the ground.
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