Scary virus outbreak in China
Comments
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If you're in the market for a globe, which market is the best to buy it from??
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Gardenstater wrote: »@willow this is by no means an event that is isolated to the US markets. Global markets have been taking a hit comeon lol
Absolutely, maybe take a step back and actually look at how much dependency from all over the globe is put in China. Cheap labor, cheap goods, etc. Their economy tanks, most everyone elses will too.
We make jokes about everything being made in China, right ? Shouldn't put all your eggs in one basket.HT SYSTEM-
Sony 850c 4k
Pioneer elite vhx 21
Sony 4k BRP
SVS SB-2000
Polk Sig. 20's
Polk FX500 surrounds
Cables-
Acoustic zen Satori speaker cables
Acoustic zen Matrix 2 IC's
Wireworld eclipse 7 ic's
Audio metallurgy ga-o digital cable
Kitchen
Sonos zp90
Grant Fidelity tube dac
B&k 1420
lsi 9's -
While I have not "fact checked" this.....I heard on the news yesterday that back in the last economic recession of '08-'09, China only had 4% of the world market share. Today, they hold 16%. That's a big difference. FWIW
Tom~ In search of accurate reproduction of music. Real sound is my reference and while perfection may not be attainable? If I chase it, I might just catch excellence. ~ -
Because of the scare, I feel it is also hitting some small business owners. I run Karaoke and DJ in a few small bars. For the past few weeks, the bars that are usually packed during the winter ( 100+) have only had 10-15 customers all night on a Friday. Summertime they usually slow down a bit and loose some to places that have an outdoor patio but, not as bad as I have seen in the past few weeks.Klipsch The Nines, Audioquest Thunderbird Interconnect, Innuos Zen MK3 W4S recovery, Revolution Audio Labs USB & Ethernet, Border Patrol SE-I, Audioquest Niagara 5000 & Thunder, Cullen Crossover II PC's.
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It amazes me how poor people know everything about the stock market.Lumin X1 file player, Westminster Labs interconnect cable
Sony XA-5400ES SACD; Pass XP-22 pre; X600.5 amps
Magico S5 MKII Mcast Rose speakers; SPOD spikes
Shunyata Triton v3/Typhon QR on source, Denali 2000 (2) on amps
Shunyata Sigma XLR analog ICs, Sigma speaker cables
Shunyata Sigma HC (2), Sigma Analog, Sigma Digital, Z Anaconda (3) power cables
Mapleshade Samson V.3 four shelf solid maple rack, Micropoint brass footers
Three 20 amp circuits. -
So much for the gloom and doomers. Stocks are roaring back!
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Johns Hopkins Map:
https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6
New confirmed cases dropped from yesterdayGeorge / NJ
Polk 7B main speakers, std. mods+ (1979, orig owner)
Martin Logan Dynamo sub w/6ft 14awg Power Cord
Onkyo A-8017 integrated
Logitech Squeezebox Touch Streamer w/EDO applet
iFi nano iDSD DAC
iPurifier3
iDefender w/ iPower PS
Custom Steve Wilson 1m UPOCC Interconnect
iFi Mercury 0.5m OFHC continuous cast copper USB cable
Custom Ribbon Speaker Cables, 5ft long, 4N Copper, 14awg, ultra low inductance
Custom Vibration Isolation Speaker Stands and Sub Platform -
Interesting map. Thanks.
Any stock rebound is to be expected, and is temporary.Lumin X1 file player, Westminster Labs interconnect cable
Sony XA-5400ES SACD; Pass XP-22 pre; X600.5 amps
Magico S5 MKII Mcast Rose speakers; SPOD spikes
Shunyata Triton v3/Typhon QR on source, Denali 2000 (2) on amps
Shunyata Sigma XLR analog ICs, Sigma speaker cables
Shunyata Sigma HC (2), Sigma Analog, Sigma Digital, Z Anaconda (3) power cables
Mapleshade Samson V.3 four shelf solid maple rack, Micropoint brass footers
Three 20 amp circuits. -
That'll never happen.Political Correctness'.........defined
"A doctrine fostered by a delusional, illogical minority and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a t-u-r-d by the clean end."
President of Club Polk -
Bud, to quote one of my favorite movies, moonstruck....
Everything is temporary !!
🙂
So what changed today that enabled the market to come roaring back ? The virus news is just as bad today as it was last week.HT SYSTEM-
Sony 850c 4k
Pioneer elite vhx 21
Sony 4k BRP
SVS SB-2000
Polk Sig. 20's
Polk FX500 surrounds
Cables-
Acoustic zen Satori speaker cables
Acoustic zen Matrix 2 IC's
Wireworld eclipse 7 ic's
Audio metallurgy ga-o digital cable
Kitchen
Sonos zp90
Grant Fidelity tube dac
B&k 1420
lsi 9's -
looks like the top level of Iran's government has been exposed to the virus. I call that a silver lining.The Gear... Carver "Statement" Mono-blocks, Mcintosh C2800 Arcam AVR20, Oppo UDP-203 4K Blu-ray player, Sony XBR70x850B 4k, Polk Audio Legend L800 with height modules, L400 Center Channel Polk audio AB800 "in-wall" surrounds. Marantz MM7025 stereo amp. Simaudio Moon 680d DSD
“When once a Republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.”— Thomas Jefferson
How many flies need to be buzzing a dead horse before you guys stop beating it? -
I would submit to you that the VAST majority of Americans that contract this virus will never know it. They will feel sick for a few days, then recover and go on with their life.
This has been the course of viral infections since the dawn of time. What has changed is the 24hr news cycle, that always needs a “crisis” to drive their ratings, and in turn advertising revenue.“Human beings are born with different capacities. If they are free, they are not equal. And if they are equal, they are not free.”
― Aleksandr Solzhenitsyn -
nooshinjohn wrote: »looks like the top level of Iran's government has been exposed to the virus. I call that a silver lining.
I read that too. See the virus ain't that bad. -
It amazes me how poor people know everything about the stock market.
I pulled all my investments/401k out of stock last year.
The investment guy was confused. I bet he now has a hint
of why a long term bull market can't be maintained.
It was going to happen. If not this, something else."The legitimate powers of government extend to such acts only as are injurious to others. But it does me no injury for my neighbour to say there are twenty gods, or no god. It neither picks my pocket nor breaks my leg." --Thomas Jefferson -
I would submit to you that the VAST majority of Americans that contract this virus will never know it. They will feel sick for a few days, then recover and go on with their life.
This has been the course of viral infections since the dawn of time. What has changed is the 24hr news cycle, that always needs a “crisis” to drive their ratings, and in turn advertising revenue.
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Tom~ In search of accurate reproduction of music. Real sound is my reference and while perfection may not be attainable? If I chase it, I might just catch excellence. ~ -
sucks2beme wrote: »It amazes me how poor people know everything about the stock market.
I pulled all my investments/401k out of stock last year.
The investment guy was confused. I bet he now has a hint
of why a long term bull market can't be maintained.
It was going to happen. If not this, something else.
Goes without saying, what goes up must come down eventually. The dips are short lived though. The markets as a whole over long periods of time continue to go up and up.
You know how California is waiting for "the big one" to happen....same for the markets. To me, a crash aka...the big one...is gonna happen sooner rather than later. Why do I say that ? Because in spite of our booming economy, we are still broke with mountains of debt, while everyone else also has mountains of debt, negative interests rates, and no booming economies. There has to be a reset somewhere, that wipes out all debt. Only a crash can do that, and usually it's the middle class, middle investors, that are told to bend over.
I know that's not very optimistic, but we are long overdue for a worldwide plunge.HT SYSTEM-
Sony 850c 4k
Pioneer elite vhx 21
Sony 4k BRP
SVS SB-2000
Polk Sig. 20's
Polk FX500 surrounds
Cables-
Acoustic zen Satori speaker cables
Acoustic zen Matrix 2 IC's
Wireworld eclipse 7 ic's
Audio metallurgy ga-o digital cable
Kitchen
Sonos zp90
Grant Fidelity tube dac
B&k 1420
lsi 9's -
sucks2beme wrote: »It amazes me how poor people know everything about the stock market.
I pulled all my investments/401k out of stock last year.
The investment guy was confused. I bet he now has a hint
of why a long term bull market can't be maintained.
It was going to happen. If not this, something else.
Goes without saying, what goes up must come down eventually. The dips are short lived though. The markets as a whole over long periods of time continue to go up and up.
You know how California is waiting for "the big one" to happen....same for the markets. To me, a crash aka...the big one...is gonna happen sooner rather than later. Why do I say that ? Because in spite of our booming economy, we are still broke with mountains of debt, while everyone else also has mountains of debt, negative interests rates, and no booming economies. There has to be a reset somewhere, that wipes out all debt. Only a crash can do that, and usually it's the middle class, middle investors, that are told to bend over.
I know that's not very optimistic, but we are long overdue for a worldwide plunge.
I thought we had that 12 years ago. Or are you suggesting worst? -
Twelve years ago was a warning shot that went unheeded.The Gear... Carver "Statement" Mono-blocks, Mcintosh C2800 Arcam AVR20, Oppo UDP-203 4K Blu-ray player, Sony XBR70x850B 4k, Polk Audio Legend L800 with height modules, L400 Center Channel Polk audio AB800 "in-wall" surrounds. Marantz MM7025 stereo amp. Simaudio Moon 680d DSD
“When once a Republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.”— Thomas Jefferson
How many flies need to be buzzing a dead horse before you guys stop beating it? -
I'm suggesting worse, something catastrophic that will force a rewire of the financial institutions around the globe. Debts will have to be wiped out in order for growth to happen again. Like a game of musical chairs, who will be left standing with no chair ?
I can tell you this, it won't be the elites, and certainly won't be the poor, they never had a chair to begin with. That leaves the middle class again to take the brunt of the losses.
HT SYSTEM-
Sony 850c 4k
Pioneer elite vhx 21
Sony 4k BRP
SVS SB-2000
Polk Sig. 20's
Polk FX500 surrounds
Cables-
Acoustic zen Satori speaker cables
Acoustic zen Matrix 2 IC's
Wireworld eclipse 7 ic's
Audio metallurgy ga-o digital cable
Kitchen
Sonos zp90
Grant Fidelity tube dac
B&k 1420
lsi 9's -
6 deaths now, all in Washington.The Gear... Carver "Statement" Mono-blocks, Mcintosh C2800 Arcam AVR20, Oppo UDP-203 4K Blu-ray player, Sony XBR70x850B 4k, Polk Audio Legend L800 with height modules, L400 Center Channel Polk audio AB800 "in-wall" surrounds. Marantz MM7025 stereo amp. Simaudio Moon 680d DSD
“When once a Republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.”— Thomas Jefferson
How many flies need to be buzzing a dead horse before you guys stop beating it? -
I figure most of the people dying are Chinese and I'm over here and I'm making BIG money from all the brouha and isn't that's what most important how much money I can make ? Yeah money that's THE most important thing. :ME. and MY MONEY.
I see there are a number of fellow traellers with the same mindset in this thread because WE know what's most important in life: money.Sal Palooza -
I'm suggesting worse, something catastrophic that will force a rewire of the financial institutions around the globe. Debts will have to be wiped out in order for growth to happen again. Like a game of musical chairs, who will be left standing with no chair ?
I can tell you this, it won't be the elites, and certainly won't be the poor, they never had a chair to begin with. That leaves the middle class again to take the brunt of the losses.
I actually agree with this. Will wonders never cease?
Lumin X1 file player, Westminster Labs interconnect cable
Sony XA-5400ES SACD; Pass XP-22 pre; X600.5 amps
Magico S5 MKII Mcast Rose speakers; SPOD spikes
Shunyata Triton v3/Typhon QR on source, Denali 2000 (2) on amps
Shunyata Sigma XLR analog ICs, Sigma speaker cables
Shunyata Sigma HC (2), Sigma Analog, Sigma Digital, Z Anaconda (3) power cables
Mapleshade Samson V.3 four shelf solid maple rack, Micropoint brass footers
Three 20 amp circuits. -
mrbigbluelight wrote: »I figure most of the people dying are Chinese and I'm over here and I'm making BIG money from all the brouha and isn't that's what most important how much money I can make ? Yeah money that's THE most important thing. :ME. and MY MONEY.
I see there are a number of fellow traellers with the same mindset in this thread because WE know what's most important in life: money.
Well,... yea.
Certainly not the most important, but pretty close. I like to be able to feed my family. And clothe them. And provide them a safe place to sleep. I like to have reliable transportation. And medical care. And audio gear.
That all takes money. The demonization of wealth perplexes me, especially on an audio forum where so many spend so much on a hobby.“Human beings are born with different capacities. If they are free, they are not equal. And if they are equal, they are not free.”
― Aleksandr Solzhenitsyn -
Oh I'm not demonizing money.
In fact I've discarded all moral values becuse I'v seen how I can increase my moneys by doing so.Sal Palooza -
Anti-Corona virus spray,
Spray throat three times a day.
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ken brydson wrote: »
Anti-Corona virus spray,
Spray throat three times a day.
Now you're speakin my language. -
So much for the gloom and doomers. Stocks are roaring back!
For one day. That’s a little prematureMagico M2, JL113v2x2, EMM, ARC Ref 10 Line, ARC Ref 10 Phono, VPIx2, Lyra Etna, Airtight Opus1, Boulder, AQ Wel&Wild, SRA Scuttle Rack, BlueSound+LPS, Thorens 124DD+124SPU, Sennheiser, Metaxas R2R -
nooshinjohn wrote: »6 deaths now, all in Washington.
How many sick in Washington?Magico M2, JL113v2x2, EMM, ARC Ref 10 Line, ARC Ref 10 Phono, VPIx2, Lyra Etna, Airtight Opus1, Boulder, AQ Wel&Wild, SRA Scuttle Rack, BlueSound+LPS, Thorens 124DD+124SPU, Sennheiser, Metaxas R2R -
nooshinjohn wrote: »6 deaths now, all in Washington.
How many sick in Washington?
Back in the early 90s, everyone between the ages of 16 and 32 in Washington was sick.
This discussion has been closed.