I honestly think this is going to be a flash in the pan even when we look back on it. Already, Congress is getting ready to pass some bills that will assuredly offer huge financial assistance to industries effected by all of this, notable would be the transportation industry.

In addition, people tend to have a short time span and the fury and paranoia surrounding this is assuredly caused by the media needing a new story to profit from. Once something more interesting rolls around, less focus will be on it. Multiple companies have vaccine trials already underway and the stock market is climbing back up again. Ironically, we talk about all this doom and gloom and the three major airline stocks are all trading up double digits, so investors see them being able to ride this out. People and business's cant "not" travel for too long and will eventually get back to business as usual.

In regards to all of the major organizations closing events and such, simply the case of no one company wanting to be responsible for a local outbreak. I imagine this will ease in a couple of months as well. I am not saying it will be easy on us, but rather I dont see this as some "lost decade" event like after 9/11 and '08.

Awesome Information, by the Numbers

 

The problem with the internet is that you can find an article to support any point of view in 15 minutes

let's get back to this in a year or so

 

I didn’t link an article I linked a fact website. It’s numbers not opinions.

 

You can manipulate numbers to say anything you want. It's why accountants have a job.

The bottom graphic shows 62/fatalities a day from COVID19 worldwide. I'd love to know how thats possible with 200~ dying per day in Italy alone.

 

lol thats not exactly how accounting works

 

If you looked at the graphic, it was from several days prior and even admits on it that the numbers could change. The idea is that the panic the media is causing needs to be put into some sort of perspective, numbers and graphs help that.

 

Interviews for an accountant position
"What's 2+2?"
"4"
"Don't call us, we'll call you"
...
"What's 2+2?"
"Could be 3, could be 5"
"Not bad, we'll stay in touch"
...
"What's 2+2?"
"Whatever you need it to be"
"When can you start?"

 

This isn’t “numbers” and “information.” This is a spin job. Read the note in “Those Aged 60+...” where the authors editorialize inappropriately.

I do think the panic both by citizens and governments is hugely out of proportion to the actual threat unless it’s MUCH worse than it has been described.

Guess we’ll find out when we all have it from getting coughed on constantly during our commutes.

 

The reason for all of this panic is that when you don’t “flatten the curve” on this illness, the hospitals become overwhelmed. When they are forced to triage like they are in Italy based on limited hospital beds and limited ventilators (ventilators also being an issue in the US) that’s when you see the higher mortality rates. The US has a high number of people with cardiac disease, obesity, and these people are high risk as well as anyone over 60.

When a country reacts appropriately, such as South Korea, they have a very good rate of recovery as well as a decline in new cases. Their hospitals are able to treat each patient appropriately.

This isn’t really about us. This is about the immunocompromised and old people and the medical staff who will die caring for them if this (when?) this gets out of control in the US. The sheer number of cases, which statistically double every day, will overwhelm the healthcare system. (See: Italy.)

We (the US) likely should have taken our medicine and shut everything down for a few weeks but instead we have conducted 0.7% the number of promised tests and have a lot of community spread cases that are unrelated to people visiting foreign countries. Places who took drastic measures are starting their journey back to normal while the rest of us are advised to stay in, which appears to mean building a toilet paper fort.

This could kill a lot of people, especially the lack of data.