• Please be sure to read the rules and adhere to them. Some banned members have complained that they are not spammers. But they spammed us. Some even tried to redirect our members to other forums. Duh. Be smart. Read the rules and adhere to them and we will all get along just fine. Cheers. :beer: Link to the rules: https://www.forumsforums.com/threads/forum-rules-info.2974/

Corona Virus spreading ... US official says no need to worry

October, November, December, January, and even now, people have been sick for weeks on end. Not the flu. Just plain ol' sick.
Maybe the thing didn't start in China; maybe we are simply more resilient?
Just a thought.

Stop being so sensible, Fred.
:smile:
 
https://www.veteranstoday.com/2020/...ergency-hospital-due-to-virus-battle-success/

Cov 120200302_134903.jpg

Cov 2 20200302_134923.jpg
 
Here is a very interesting post, which I'm going to copy and paste after the initial screen shot from the comments from Irish's blog.
This person lives in Japan.
In advance, I'll warn that the language is a tad colourful.
-----------------

20200302_143302.jpg

Greetings from sunny Osaka, Japan. I'm here to tell you it's all bullshit. DO THE FUCKING MATH! Latest stats from here >> https://www.worldometers.info/coronavirus/coronavirus-cases/ show 3,000 deaths. More telling is going to the "age" page and you will see that THE GREAT MAJORITY OF DEATHS ARE THOSE OVER 70, and according to other sites, they had pre-existing health problems. So, that makes this just like the freaking flu.

Here in Osaka there is a tell as to any health problem --- the sirens. Damn ambulances blow them things at night no matter the time, even though there is no traffic after midnight because the trains and subways shut down then. I assure you they have been rather quiet lately. And PM Abe closing the schools? Pure politician, because any perusal of the stats will show that school children are UNAFFECTED BY COVID-19!! In China, as well as everywhere else, the danger is not the virus, the danger is the reactions of fucking idiots that think with their emotions and the immoral politicians that seek to gain by manipulating those emotions. I am fortunate to be in Japan. The people don't panic because they believe the government will take care of them. The only empty shelf here in Osaka? Toilet paper, and masks. Not kidding. Everything else is available in abundance.

But even here, people are starting to avoid crowds. A few large flea markets have been cancelled, and even in a culture where eating out is the norm, our restaurant on Friday night was half of the normal occupancy. However, Shinsaibashi-suji was still fairly active. My interpreter at Nissay hospital told me they are just using basic flu protocal - wash hands, wear mask, don't touch anyone. The Japanese custom of bowing instead of shaking hands or hugging was created for the purpose of preventing the spread of disease.


One big change I have noticed on this visit (my first was in 2005, I have been here since Feb. 2018, my previous visit was 2014.) is the number of Chinese. Tourist or otherwise, on the shopping streets or other tourist destinations you hear a lot of Chinese. So, they have been coming here during this whole fiasco, and there are not bodies laying in the streets. I read where many Chinese are coming here to open Japanese bank accounts to get money out of China because Japan has no treaty or restrictions against it. Whatever, they are here.

What gets me is all of the people that say it is way worse than the gubments are saying. Why do you believe that? Oh, suddenly the fucking media has become trustworthy? Even Zerohedge has turned into a factless fearmonger. Even if the stats were 10x worse than reported, as someone suggested, that would mean your chances of dying from this bullshit would be 7,500,000,000 / 30,000 = 1 in 250,000! And if you are under 70, the odds are exponentially better.

DO THE FUCKING MATH!

Cheers.
 
The summary from ZeroHedge today:

2nd US Death Confirmed In Washington State As Outbreak Accelerates Across America: Virus Updates

  • 2nd US death reported in Washington State
  • OECD warns global growth could fall by half
  • Indonesia reports first cases
  • "Progress is being made" toward a vaccine
  • Cuomo says NY expects more cases
  • India confirms 2 more cases
  • 'Official' Iran death toll hits 66
  • EU confirms 38 deaths across 18 members
  • First cases confirmed in Fla.
  • 2 Amazon employees test positive in Milan
  • Virus now in 7 US states: Washington, California, Illinois, Rhode Island, New York, Florida and Oregon
  • San Antonio virus patient re-hospitalized after testing positive
  • China warns it could face 'locust invasion'

A few did bits that are amusing.

NY Governor Cuomo, who is very critical Trump/Pence, confirmed that the New York CITY confirmed case is someone who just returned from Iran and is SELF ISOLATING at home where she can spread the virus to 7-million neighbors. Anyone else recall the boasts from Cuomo about the state-of-the-art medical facilities he has? If so, why is she sitting in her NYC apartment?

THE GLOBAL TIMES is poking fun at the CDC.

It is clear that the CDC is concerned about all the N95 masks that have been sold to the general public, creating a supply chain problem at hospitals that can NOT get enough of the N95 masks. The CDC is sending messages telling people to stop buying the N95 masks, saying they only help health professionals who need them but don't help citizens?!? Uhhh, yup, if you have special degrees from medical universities these masks are good for you... but if you don't have special training then the mask does no good?


++++++++++++++++++++++++++++++++


I'm not going to quote this story but I find it interesting and encourage you to all go read it. Basically it talks about google searches and how TV News seems to create some level of panic. How TV News stories came late. And also how TV News stories tend to focus on POLITICS and ECONOMICS in somewhat disproportionate amounts when it might be better to focus on HEALTH issues.

MEDIA COVERAGE and Coronavirus Panic: What the Numbers Show

LINK ==> https://www.realclearpolitics.com/a...virus_panic_what_the_numbers_show_142539.html


Interesting stuff for people who enjoy statistics.


...

Now China is going to get locusts sounds like the 4 horsemen are riding straight towards them.
 
:clap:
 

Attachments

  • Screen Shot 2020-03-02 at 4.14.25 PM.png
    Screen Shot 2020-03-02 at 4.14.25 PM.png
    548.9 KB · Views: 259
SEOUL, SOUTH KOREA - The death toll from the coronavirus in the U.S. climbed to six Monday and the disease spread to ever more countries and world capitals, even as new cases in China dropped to their lowest level in six weeks.

A shift in the crisis appeared to be taking shape, as hundreds of patients were released from hospitals at the epicenter of the outbreak in China and the World Health Organization reported that nine times more cases were reported outside the country than inside it over the past 24 hours.

At the same time, the virus popped up for the first time in New York, Moscow and Berlin, and clusters of the disease surged around the world. In the U.S., health officials announced four more people died, bringing the total to six, all in Washington state, where researchers said the virus may have been circulating undetected for weeks.

The global death toll pushed past 3,000, and the number of people infected topped 89,000, with fast-expanding outbreaks in South Korea, Italy and Iran.

Dr. Mike Ryan, the WHO’s chief of emergencies, pointed out that even regions that have taken less aggressive measures than the extraordinary lockdowns implemented by China have managed to keep the virus in check. Ryan said that because COVID-19 is not as easily transmitted as the flu, “it offers us a glimmer ... that this virus can be suppressed and contained.”

Around the world, the virus reshaped people’s routines, both at home and at work, from the millions of Japanese schoolchildren facing four weeks without class to special voting booths for Israelis under quarantine. Mobile hospitals were planned in Iran, and the “Mona Lisa” hung in a vacant room of the shuttered Louvre in Paris.

https://www.voanews.com/science-hea...-death-toll-climbs-6-viral-crisis-eases-china
 
Forget the Scotch, this may be the cure . . .
 

Attachments

  • 2F0F921A-CD0A-474E-B9FE-E256279CFD4B.jpeg
    2F0F921A-CD0A-474E-B9FE-E256279CFD4B.jpeg
    65 KB · Views: 266
Here is a very interesting post, which I'm going to copy and paste after the initial screen shot from the comments from Irish's blog.
This person lives in Japan.
In advance, I'll warn that the language is a tad colourful.
-----------------

View attachment 123874

Greetings from sunny Osaka, Japan. I'm here to tell you it's all bullshit. DO THE FUCKING MATH! Latest stats from here >> https://www.worldometers.info/coronavirus/coronavirus-cases/ show 3,000 deaths. More telling is going to the "age" page and you will see that THE GREAT MAJORITY OF DEATHS ARE THOSE OVER 70, and according to other sites, they had pre-existing health problems. So, that makes this just like the freaking flu.

Here in Osaka there is a tell as to any health problem --- the sirens. Damn ambulances blow them things at night no matter the time, even though there is no traffic after midnight because the trains and subways shut down then. I assure you they have been rather quiet lately. And PM Abe closing the schools? Pure politician, because any perusal of the stats will show that school children are UNAFFECTED BY COVID-19!! In China, as well as everywhere else, the danger is not the virus, the danger is the reactions of fucking idiots that think with their emotions and the immoral politicians that seek to gain by manipulating those emotions. I am fortunate to be in Japan. The people don't panic because they believe the government will take care of them. The only empty shelf here in Osaka? Toilet paper, and masks. Not kidding. Everything else is available in abundance.

But even here, people are starting to avoid crowds. A few large flea markets have been cancelled, and even in a culture where eating out is the norm, our restaurant on Friday night was half of the normal occupancy. However, Shinsaibashi-suji was still fairly active. My interpreter at Nissay hospital told me they are just using basic flu protocal - wash hands, wear mask, don't touch anyone. The Japanese custom of bowing instead of shaking hands or hugging was created for the purpose of preventing the spread of disease.


One big change I have noticed on this visit (my first was in 2005, I have been here since Feb. 2018, my previous visit was 2014.) is the number of Chinese. Tourist or otherwise, on the shopping streets or other tourist destinations you hear a lot of Chinese. So, they have been coming here during this whole fiasco, and there are not bodies laying in the streets. I read where many Chinese are coming here to open Japanese bank accounts to get money out of China because Japan has no treaty or restrictions against it. Whatever, they are here.

What gets me is all of the people that say it is way worse than the gubments are saying. Why do you believe that? Oh, suddenly the fucking media has become trustworthy? Even Zerohedge has turned into a factless fearmonger. Even if the stats were 10x worse than reported, as someone suggested, that would mean your chances of dying from this bullshit would be 7,500,000,000 / 30,000 = 1 in 250,000! And if you are under 70, the odds are exponentially better.

DO THE FUCKING MATH!

Cheers.

Interesting that some recent posts say the seasonal flu is more lethal and spreads faster than Corona. Neither of those statements seems to be accurate. The Coronavirus seems to have a higher R0 (R naught) for transmission. CDC says the R0 for seasonal flu is 1.3 while the R0 for Corona is 2 to 3 (and still being determined). But in rough numbers the Corona is transmitted at twice the rate as the flu. Mortality also is projected to be between 1 and 2%. The seasonal flu mortality rate is 0.1%.

When it comes to math, the post is wrong. At least based on WHO and/or CDC statements.

Here is another comparison: https://www.bostonherald.com/2020/02/26/coronavirus-vs-flu-what-you-need-to-know/
Coronavirus and the flu share a lot of similarities — with many of their differences rooted in the unknown.

Dr. Daniel Kuritzkes, chief of infectious diseases at Brigham and Women’s Hospital, and Dr. Shira Doron, infectious disease physician and epidemiologist at Tufts Medical Center, both noted the two infections share more similarities than differences.

Coronavirus and flu are both spread via respiratory droplets that can be passed from person-to-person or land on surfaces — like doorknobs or light switches.


Both infections originate in animals, cause fever and cough and could lead to death due to respiratory failure.

Patients that have flu or coronavirus can be contagious before the onset of symptoms, but thankfully, both can be prevented in the same way by practicing good hygiene and limiting contact with infected persons.

Scientists, doctors and researchers are still searching for more information about coronavirus, and since it is completely new, our bodies have no immunity to it, whereas the flu has been around for at least 500 years.

Vaccines and antiviral medications to combat the flu help thousands of patients every year, but neither treatment for coronavirus currently exists. The incubation period for the flu is 5-7 days, much shorter than coronavirus’s 14-day period.

The current mortality rate for coronavirus, about 2%, is higher than that of the flu, which is only about 0.1%. While it is much more likely that a person will become infected with flu, the lethality of coronavirus is still higher.

The flu comes back every year and is even considered a yearly global pandemic. At this time, it is unknown if coronavirus is seasonal or if it will continue to come back every year.

Again, dealing with the R0, or the potential infection/transmission rate:
https://www.theatlantic.com/science...t-and-far-will-new-coronavirus-spread/605632/

...In the past week, at least six teams of researchers, along with the World Health Organization, have published estimates of R0 for the new coronavirus. All these groups used different methods, but their results have been mostly consistent, with estimates hovering between 2 and 3. WHO was a little more conservative than the others, with estimates of 1.4 to 2.5. One Chinese team is a clear outlier, with estimates of 3.3 to 5.5. And a British-led group initially published a high average value of 3.8 last week before revising it downward to 2.5 as new data emerged.

In the intervening time, however, some observers seized upon the 3.8 number, with one Harvard epidemiologist describing it as “thermonuclear pandemic level bad” in a tweet that was retweeted more than 16,000 times, before he took it down. That’s a dubious interpretation, and here are six reasons why.

First, the R0 estimates for the new coronavirus are in line with those for many other diseases. They’re similar to those for SARS (2 to 5) and HIV (also 2 to 5), and considerably lower than those for measles (12 to 16).

Second, a bigger R0 doesn’t necessarily mean a worse disease. Seasonal flu has an R0 that hovers around 1.3, and yet it infects millions of people every year. SARS had an R0 of 2 to 5 and infected just over 8,000 people. The number is a measure of potential transmissibility. It does not actually tell you how fast a disease will spread....



If someone does the math, and if the same number of people are ultimately infected by the flu and by coronavirus, the coronavirus will kill exponentially more people than the seasonal flu. That is simple math. But again, based on the R0, it seems twice as many people may catch the Coronavirus.

Currently far fewer people have Corona and far more have seasonal flu.

But if the R0 transmission rate is close to accurate then the number of people infected by Corona will easily catch up to the numbers of affected individuals as the seasonal flu. Again, math. And as of today, the only way that governments seem to be able to slow the spread of Corona is via quarantine orders and self quarantine by individuals. With Ebola and SARS the governments were able to contain, and therefore stop the spread despite high R0 rates. That doesn't seem to be the case with Corona. Due to the fact that many infected individuals present no symptoms for up to 2 weeks, they can freely travel and spread the disease, and this seems to be happening.

FWIW, none of this data came from ZeroHedge (which has lately been condemned for hyping panic but seems to still be providing factual information 24-48 hours ahead of the mainstream media sources) :smile:

And for the real math geeks among us
, the number of confirmed cases outside of China has more than tripled over the past week. If we continue to see a similar exponential growth rate, there will be more than a million confirmed cases outside of China just five weeks from now. Anyone want to bet on the number of cases that will be reported worldwide by mid-April? I wouldn't be the farm it will be 1,000,000 but then again I wouldn't bet against it either. It is clearly possible that we could see a MILLION infected in a matter of 5-6 weeks, despite the fact that some nations are stopping all events over 1000 people, despite the fact that France closed the Lourve Museum, despite the fact that travel restrictions have been imposed, despite the fact that the Catholic Church ordered that no masses be held in Korea until further notice, despite the fact that Japan has closed their schools for a month, despite the fact that some American universities are pulling back their foreign study students and imposing quarantines, despite the fact that airlines are stopping flights to entire nations ...


And all this brings up another point. IF WE DO NOT TEST THEN WE DO NOT KNOW. If we do not know then we cannot accurately report.

FULL STORY => https://miami.cbslocal.com/2020/03/...-miami-woman-allegedly-denied-proper-testing/

Coronavirus Confusion: Miami Woman Allegedly Denied Proper Testing
Jim DeFedeMarch 2, 2020 at 6:56 pm

MIAMI (CBSMiami) – In what may be the first case of coronavirus in South Florida, a woman who recently returned home from Italy says she was told by doctors at Jackson Memorial Hospital that she “likely” has COVID-19, but that they are unable to verify it because state and federal officials refused to conduct the necessary tests to confirm it.

“The doctor himself told me that, you know, he thinks that the results of my [preliminary] tests mean that I most likely have the COVID-19, but that the Department of Health did not want to pursue it further,” said the woman, who requested that her name not be used to protect her privacy. “It was either the Department of Health or the CDC that decided not to further pursue the inquiry. But I was basically told that it is most likely that I have this virus and that I should self-quarantine.”

“Obviously, I would have liked to know if, in fact, I have this virus.”


A spokeswoman for Jackson Memorial Hospital wouldn’t discuss the woman’s case citing federal privacy laws, but said: “Jackson, like all other hospitals in the state, is following guidelines for testing established by the CDC and the Florida Department of Health.”

The Florida Department of Health would not comment on the woman’s case but in an email to CBS Miami, a spokesman for the agency “encourages” the woman to contact the health department. The email did not address the apparent confusion between Jackson and the state regarding who should be tested and when.

The woman’s story highlights a serious flaw in how the United States has responded to the coronavirus. Until recently testing for the virus was limited to only an extremely small group of individuals who had travelled to China or those who were critically ill. As a result, health experts have warned, that the small number of people testing positive for the virus gives the public the false sense the virus has been contained or is limited in the United States.

“If you are not testing, then you don’t know how many people actually have the virus,” said Dr. Aileen Marty, an infectious disease expert at Florida International University. “And we have not been testing.”

...


Finally, from the New York Times, some information on rates flu patients can expect to spread the seasonal flu vs how corona patients can expect to spread Coronavirus. Bear in mind this NYT article uses math that completely destroys the math and some of the statements in prior blog posts and VOA article. The NY Times article is a long article, lots of graphs, lots of charts, but very informative.

As always, this is just a snippet of the article, go to the link and read the whole article => https://www.nytimes.com/interactive/2020/world/asia/china-coronavirus-contain.html

If 5 people with new coronavirus each infected 2.6 others ...

... there could be 140 people sick after 4 cycles.

Compare that with a less contagious virus, like the seasonal flu, which can be slowed by vaccines and immunity from past epidemics. People with the flu tend to infect 1.3 other individuals, on average. The difference may seem small, but the result is a striking contrast: Only about 45 people might be infected in the same scenario.

If 5 people with seasonal flu each infected 1.3 others ...

... there could be 31 people sick after 4 cycles.

The transmission numbers of any disease aren’t set in stone. They can change depending on how much people interact at school, work or religious gatherings. When global health authorities methodically tracked and isolated people infected with SARS in 2003, they were able to bring the average number each sick person infected down to 0.4, enough to stop the outbreak.

Health authorities around the world are expending enormous effort trying to repeat that. But the number of people infected globally is rising quickly, with large clusters of cases in Italy, Iran, Japan and South Korea.

The virus’s high rate of transmission means containment measures — such as wearing masks, keeping a distance from infected people and implementing quarantines if people are exposed — must block more than 60 percent of transmissions in order to effectively control the outbreak, which is difficult.

...

The World Health Organization officials have praised China’s aggressive response to the virus — walling off cities, forcing people to stay home and tracking large numbers of contacts of infected people — saying that it helped curb the spread of more cases. The daily tally of new cases there peaked and then plateaued between Jan. 23 and Feb. 2, and has steadily declined since.

Many countries have also enacted travel restrictions and bans, closing their doors to people from countries with sustained transmission of the virus. Governments around the world have been screening incoming passengers for signs of illness. Airlines and cruise lines have canceled service to many Asian destinations.

Critics fear those measures won’t be enough.

The rate at which transmissions are spreading in several countries makes it seem “unlikely that containment will be a strategy that will completely stop this virus,” said Clarence Tam, an assistant professor of infectious diseases at the School of Public Health at the National University of Singapore.
 
US death count from the virus 6.
US deaths from the devastating tornado(Nashville) which stayed on the ground for 1 hour.
9.
So far...
 
US death count from the virus 6.
US deaths from the devastating tornado(Nashville) which stayed on the ground for 1 hour.
9.
So far...

For whatever it is worth, I'm not all that worried about the total death count.

How about the total economic toll to the nation? Or the number of families that will be adversely affected if cities are quarantined and people can't go to work for 2, 4, or 6 weeks? Will they lose their homes? Will the remaining small businesses in the small town downtowns close their doors and file bankruptcy? What is the toll on all these small towns and their residents?

There is so much more to consider than the simple number of deaths.
 
Until credible consistent information is reported on transmission and mortality rate, taking this lightly is like visiting a whorehouse without condoms on 2 for 1 day. Marty
 
For whatever it is worth, I'm not all that worried about the total death count.

How about the total economic toll to the nation? Or the number of families that will be adversely affected if cities are quarantined and people can't go to work for 2, 4, or 6 weeks? Will they lose their homes? Will the remaining small businesses in the small town downtowns close their doors and file bankruptcy? What is the toll on all these small towns and their residents?

There is so much more to consider than the simple number of deaths.

On the other hand, now 19 people dead from the tornado.
Those who have possibly lost their homes, businesses may have been wiped out thus affecting jobs.
Perspective.
 
On the other hand, now 19 people dead from the tornado.
Those who have possibly lost their homes, businesses may have been wiped out thus affecting jobs.
Perspective.

WOW

NOPE

NOT EVEN CLOSE

Last time I checked a tornado does not strike nations. They are very very localized events. A single grocery store in one town can be rebuilt, ditto the hardware store and the gas station. But we are talking about the economy of much of the world and tens upon hundreds of thousands of jobs.

The order of magnitude of the difference between a localized tornado in a worldwide pandemic should not be trivialized in this way The order of magnitude of the difference between a localized tornado in a worldwide pandemic should not be trivialized in this way as to make such a simplistic comparisons. I’m shocked by this.
 
They said that much of last week's stock market drop was due to corona virus fears.
I know I took a major hit. Lost all gains for the last 9 months or so. :(
 
Just being a realist, Bob.
It's a virus.
It's doing what viruses do.
More people have died from the flu this year.
That is also devastating.
This too shall pass and we'll all learn something from it.
I'll stop posting in your epic thread and wait it out until it's no longer newsworthy.
 
No need to stop posting. Of course it is just a virus that will do what viruses do and at some point it will all move along. I started this thread before it was newsworthy. Before the news anchors on TV ever heard about this virus. In our lifetimes there has never been such an event that has the potential to affect as many people as this one seems to be having. No world war or virus has had the potential this one has and gotten this far. Others have had unrealized potential. None of us remember the 1910 flu. Old as some members may be, I don't believe any served in WWII. This one is clearly going out of control and may devistate the economies of the world in ways we have not seen. Even in war there are good economies.


TWITTER closed their offices and told workers to telecommute. https://www.cbsnews.com/news/twitter-coronavirus-employees-work-at-home-because-of-outbreak/

Great gig if you work there.

But what about factory workers. Literally hundreds of factories are currently closed due to the virus. Tens of thousands of workers are not being paid. Products that should be shipping to retailers are not being produced. Warehouse workers won’t be shipping orders. Truck drivers won’t have freight. Retail stores won’t have goods. Economists are projecting all sorts of goods will be in short supply in April. Starting mostly with electronics, clothes and toys.
 
Uh...

WHO officials make urgent plea for medical gear: ‘Supplies are rapidly depleting’

PUBLISHED TUE, MAR 3 202011:22 AM ESTUPDATED 11 MIN AGO

KEY POINTS

The WHO estimates that each month 89 million medical masks, 76 million examination gloves and 1.6 million goggles will be required for the COVID-19 response.

It said manufacturers need to increase personal protective gear supplies by 40% to meet the needs of the medical community.

World Health Organization officials called on medical supply manufacturers to “urgently increase production” to meet the global demand that is needed to respond to the COVID-19 outbreak rapidly spreading across the world

Full story at CNBC => https://www.cnbc.com/2020/03/03/who...ical-gear-supplies-are-rapidly-depleting.html
 

WHO says coronavirus death rate is 3.4% globally, higher than previously thought


Link—> https://www.cnbc.com/2020/03/03/who...-globally-higher-than-previously-thought.html

World health officials said Tuesday the case fatality rate for COVID-19 is 3.4% globally, higher than previous estimates of about 2%.

“Globally, about 3.4% of reported COVID-19 cases have died,” WHO Director-General Tedros Adhanom Ghebreyesus said during a press briefing at the agency’s headquarters in Geneva. In comparison, seasonal flu generally kills far fewer than 1% of those infected, he said.

The World Health Organization had said last week that the mortality rate of COVID-19 can differ, ranging from 0.7% to up to 4%, depending on the quality of the health-care system where it’s treated. Early in the outbreak, scientists had concluded the death rate was around 2.3%.

During a press briefing Monday, WHO officials said they don’t know how COVID-19 behaves, saying it’s not like influenza...
 
Many tornadoes are on the ground for over 200 miles

Which is nothing compared to the economic destruction in Wuhan from one virus. There has been more economic damage to Wuhan than was caused by hurricane Katrina. The difference is that the virus is didn’t stop there. It’s now wreaking havoc in Italy, Japan and Korea. 60+ nations and counting.

Nobody is trying to downplay the local destruction of a major storm, tornado or even hurricane. However none of those has the power to dramatically affect the economics of the WORLD. There is good reason to believe that the coronavirus will put some nations into economic recessions, good reason to forecast economic recession for the global economy too.

This virus dwarfs the damage of a hurricane and hurricanes dwarf the damage caused by tornados.
 
I haven't verified but saw this today:
 

Attachments

  • 87609675_523481325217461_2516898453758410752_o.jpg
    87609675_523481325217461_2516898453758410752_o.jpg
    60.4 KB · Views: 198

WHO says coronavirus death rate is 3.4% globally, higher than previously thought


Link—> https://www.cnbc.com/2020/03/03/who...-globally-higher-than-previously-thought.html


Just buy gauging the initial response in Wuhan I have felt since from the beginning it could go as high as 10% after making its way around the world into 3rd world countries with poor medical facilities and filthy conditions like Africa, South America etc. That is going to raise those statistics considerably. Also just read where it can survive on protected surfaces out of the sunlight for 4-6 weeks. Thats more than the time it takes for a shipment of goods to arrive from China.
 
Gettin closer to that "last book" one day at a time.................


I don't think ANY of it will be pretty, fun, or joyful. Just sayin........................
 
As I've been saying, the world effects of this disease are going to take their toll. It's not so much the number of people who will die. It is the infectious nature of the disease and the disruption to the economy that are going to be taking their toll on daily life.

We know that thousands of factories are closed and production has ceased on many goods. Other factories are only open with with very limited work crews and minimal production. The shipping ports on the US west coast reported that inbound freight traffic slowed. Major retailers and clothing manufacturers have indicated there will be product shortages in April.

But what about DRUG shortages and how those will affect everyday life? Or medical supply shortages?

Link to FULL story => https://www.city-journal.org/coronavirus-pharmaceuticals-production

The Virus and the Supply Chain
Coronavirus may or may not prove to be a health crisis in the U.S., but its impact on the production of pharmaceuticals could be serious
.
Joel Zinberg
February 29, 2020 Health Care

The new coronavirus outbreak may be very bad for your health but not only for the reasons you imagined. This coronavirus is less likely to harm you directly than to injure you through its impact on your other medical needs.

...

COVID-19 is more likely to harm Americans indirectly because the U.S. is increasingly reliant on drugs either directly sourced from China or made from intermediate chemicals called Active Pharmaceutical Ingredients (APIs), or their chemical precursors, manufactured in China. U.S. imports of Chinese pharmaceuticals increased 76 percent between 2010 and 2018. Similarly, imports of Chinese medical equipment increased 78 percent over the same period. U.S. producers source 80 percent of their APIs overseas, primarily from China; China is also the chief supplier of APIs for producers in other countries. This dominance is neither accidental nor the result of free markets—it is the consequence of Chinese government policies. The U.S.–China Economic & Security Review Commission recently concluded that “Government subsidies, a robust chemical industry, IP theft, lax environmental protections, and regulations favoring domestic companies contributed to China’s emergence as the world’s largest producer of APIs.”

While 90 percent of the finished drugs Americans take are generics, most are manufactured overseas, primarily in India and China. Even India, the world’s largest generics producer, relies on China for 80 percent of the APIs it uses in drug production. Nearly all the antibiotics used in the U.S. come from China. Some older antibiotics, like penicillin, are no longer made here; China controls worldwide penicillin production. In addition, a large amount of the personal protective equipment (PPE)—surgical gowns, gloves, masks and respirator protective devices—used to stop the spread of coronavirus and other infectious diseases are manufactured in China.

COVID-19 has resulted in massive disruption of Chinese manufacturing. It’s only a matter of time until this translates into supply disruptions for China-dependent customers. The FDA has just reported the shortage of a certain drug due to coronavirus-related disruption at a manufacturing plant that produces the API used to make the drug. The FDA is also monitoring 20 other drugs where the API or finished drug product is solely sourced from China.
 
Again, just look at the ramifications to our society based on the scale of the effects ...

Projections are that 40-60% of the population will get Corona. If 15% of those need to be hospitalized for 5 days each then we will need more hospitals.

If we contain the virus by limiting public venue activities, close the universities, schools, theaters, sports stadiums, cancel conventions, etc then what is the economic effect to each of us? Job losses, business closings, etc?

Sporting events without spectators are happening. The Arnold Fencing Classic was expected to bring 25,000 people to Columbus, OH this weekend. The competition will happen but the major expo, that part was cancelled. The expo is (was) bigger than the competition. And the competition will have no spectators beyond parents. What are the economic ramifications to Columbus restaurants and hotels from the loss of income for just 1 weekend event? Multiply that times the losses they will experience for the next several months. Project those losses to every city with an active convention center around the county.

Sure, this may not kill a lot of people but don’t dismiss the toll this will take to our communities.
 

Attachments

  • 20D53305-BAC2-4C8F-82BA-875D5DEDA472.jpeg
    20D53305-BAC2-4C8F-82BA-875D5DEDA472.jpeg
    176.2 KB · Views: 154
  • 5F7BE1CC-16A7-49BB-B324-090E56FDA350.jpeg
    5F7BE1CC-16A7-49BB-B324-090E56FDA350.jpeg
    144.4 KB · Views: 161
On the other hand, now 19 people dead from the tornado.
Those who have possibly lost their homes, businesses may have been wiped out thus affecting jobs.
Perspective.

There is a very real chance that as bad as it is the loses are likely insured. And peoples jobs who may have been displaced due to damage will likely be allowed to collect unemployment benefits.

People who out of work due to illness or disease have always been pretty much shit out of luck once past some sick or vacation days one may lay claim on. Of course their is a tiny minority who may have bought into Aflack and may covered their butts, but I'd bet disability insurance rates are now through the roof if one could find someone to wright you coverage at all.
 
Coronavirus Math: The Number I’m Watching

Most of our data has been supplied by unreliable China and Iran. What is the case fatality rate elsewhere?


https://nofrakkingconsensus.com/2020/03/04/coronavirus-math-the-number-im-watching/

You probably shouldn't look at this link Bob.
Data is very incomplete and very preliminary. Waaaay too early to draw any valuable conclusions from the data. However we are now starting, just starting to get reasonable data from Italy.



There is a very real chance that as bad as it is the loses are likely insured. And peoples jobs who may have been displaced due to damage will likely be allowed to collect unemployment benefits.

People who out of work due to illness or disease have always been pretty much shit out of luck once past some sick or vacation days one may lay claim on. Of course their is a tiny minority who may have bought into Aflack and may covered their butts, but I'd bet disability insurance rates are now through the roof if one could find someone to wright you coverage at all.

Great perspective there Bamby. And realistically building supplies will be shipped in from the lumber yards in the surrounding counties. Health care workers will travel in from the surrounding counties. Food will be shipped in overnight.

I often explain it local terms. Think of a small church parish. Mine brings in about $7000/week in the collection plates. $28,000/month. We have a mortgage on the property. The priest needs his stipend for food, clothing, living expenses, etc. Utility bills need to be paid to keep the heat and lights on. Now what happens if the Bishops order the church services stopped for 1 to 3 months to curb the spread of the virus? Bills continue, debt climbs but the income STOPS :hammer: Now if the dioceses has 50 parish churches spread across a 4 to 8 county area, and ALL of the parish churches are closed, then the income stream for the entire diocese STOPS. No way for a parish in 1 town to help out the parish 2 towns away. No way for the diocese to move money from the main Cathedral to a local church. ALL income stops.
 
Top