Scary virus outbreak in China
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China is reporting that things are stablilizing.
https://www.cnn.com/2020/03/11/asia/coronavirus-covid-19-update-intl-hnk/index.html
Expert Moron Extraordinaire
You're just jealous 'cause the voices don't talk to you! -
W.H.O has declared covid-9 a pandemic.
This should be good for another 20% leg down of the market.
Since we don’t know where we are going we have to stick together in case someone gets there….Ken Kesey.
Idolizing a politician is like believing the stripper REALLY likes you.
And the boots you lick will stomp you too. -
Italy has the 8th highest GDP in the world. Nominal GDP exceeds that of either Texas or New York. Only California is wealthier, as a state, than Italy.
That means garbage. The quality of life in general, especially Healthcare, is much greater in Texas and NY. Seeing is believing, go there some time and if you consider Italy the 8th richest country on the planet, then the rest of the planet in comparison to us, is a sh-it hole. Sure it has it's rich parts and touristy parts, but like an island in the Caribbean, the outside is nice, but the interior is crap, and the people live in the crap, not the nice parts.HT SYSTEM-
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I saved 5$ at the pump yesterday while filling up on premium.
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^^ Ok, explain why it seems it is only the US that seems to carry the price of said development?
Since we don’t know where we are going we have to stick together in case someone gets there….Ken Kesey.
Idolizing a politician is like believing the stripper REALLY likes you.
And the boots you lick will stomp you too. -
nooshinjohn wrote: »
Funny how science takes money but when a drug company charges money for that little pill and make a profit that actually funds more science, certain people loose their minds.
100% correct.
Further, if we ever go to “Medicare for all” (socialized medicine), most of the medical innovations in this country will cease. THAT will be a massive tragedy.
“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 -
If Italy is going to hell, then when is the Olive Garden going to lower their prices?
In my experience, Olive Garden has NOTHING to do with Italian food...“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 -
You and two others have nothing to do with audio either yet, here you are. Spewing out anything and everything non-audio.
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. ~ -
Hmmmm...I wonder what the Coronavirus sounds like. *FACEPALM*
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nooshinjohn wrote: »
Funny how science takes money but when a drug company charges money for that little pill and make a profit that actually funds more science, certain people loose their minds.
100% correct.
Further, if we ever go to “Medicare for all” (socialized medicine), most of the medical innovations in this country will cease. THAT will be a massive tragedy.
Valid assumption, so I guess we have no room to complain about the cost of medical care and insurance either. We must shutup and pay the price for funding these innovations, or they will cease to exist for the same reason.Since we don’t know where we are going we have to stick together in case someone gets there….Ken Kesey.
Idolizing a politician is like believing the stripper REALLY likes you.
And the boots you lick will stomp you too. -
Aside from being tragic, this virus outbreak is really interesting. It has only been about one month since it started making the news, and quite a bit has happened and changed in that one month. It will be very interesting what the next month will bring.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. -
motorhead43026 wrote: »nooshinjohn wrote: »
Funny how science takes money but when a drug company charges money for that little pill and make a profit that actually funds more science, certain people loose their minds.
100% correct.
Further, if we ever go to “Medicare for all” (socialized medicine), most of the medical innovations in this country will cease. THAT will be a massive tragedy.
Valid assumption, so I guess we have no room to complain about the cost of medical care and insurance either. We must shutup and pay the price for funding these innovations, or they will cease to exist for the same reason.
No, by all means - complain all you want. But don’t demand a vaccine for viruses like this, then bemoan the cost of pharmaceuticals...“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 -
Expert Moron Extraordinaire
You're just jealous 'cause the voices don't talk to you! -
Thank you, John. I was looking for that yesterday. Much appreciated.
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. ~ -
motorhead43026 wrote: »nooshinjohn wrote: »
Funny how science takes money but when a drug company charges money for that little pill and make a profit that actually funds more science, certain people loose their minds.
100% correct.
Further, if we ever go to “Medicare for all” (socialized medicine), most of the medical innovations in this country will cease. THAT will be a massive tragedy.
Valid assumption, so I guess we have no room to complain about the cost of medical care and insurance either. We must shutup and pay the price for funding these innovations, or they will cease to exist for the same reason.
No, by all means - complain all you want. But don’t demand a vaccine for viruses like this, then bemoan the cost of pharmaceuticals...
I am not complaining at all. I have excellent employer provided insurance, private sector.
In fact I am going to be treated for a virus related condition, it is an 8 week treatment $1333.00 per pill per day.
Since we don’t know where we are going we have to stick together in case someone gets there….Ken Kesey.
Idolizing a politician is like believing the stripper REALLY likes you.
And the boots you lick will stomp you too. -
It could get real bloody into the close.Since we don’t know where we are going we have to stick together in case someone gets there….Ken Kesey.
Idolizing a politician is like believing the stripper REALLY likes you.
And the boots you lick will stomp you too. -
Yes, and it is just getting started.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. -
This will be the norm for the next three to four weeks. Hang on to your britches.
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That link has been posted a half dozen times already...
I don't really care.
This whole thread has been about how much money y'all are losing and every time someone tells y'all to lighten up and stop panicking, you throw the human factor in and tell those who are gettin' on you that they are glossing over and minimizing a medical crisis of global proportions. Then you go right back to talking about money and markets.
We're at 34 pages on this thread. The majority is posts about money. Those who have tried to inject reason and quell the panic have been met with mockery and incredulous indignation.
I posted it again because, one, I don't care how many times it's been posted it's obviously not enough and two, y'all need a reality check. Your money will come back. The market will recover. If something like this upsets you so much in the pocketbook, pull your money out of the stock market and do something else with it. You shouldn't be in it anyway.
Or are y'all on the edge of discussing how the death toll from the disease is a good form of population control? 'Cause y'all have been pretty callous otherwise while buying into and fanning the flames of panic with your perpetual market updates and whatever unqualified talking head you can find that it just looking for some air time by discussing the absolute worst case scenarios.Expert Moron Extraordinaire
You're just jealous 'cause the voices don't talk to you! -
...“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 -
The OP brought up the financial implications, so it's not off topic.
I am North of 65 years old, although the odds of catching this are slim I would be a dead man if I should.
Since we don’t know where we are going we have to stick together in case someone gets there….Ken Kesey.
Idolizing a politician is like believing the stripper REALLY likes you.
And the boots you lick will stomp you too. -
All implications, physical, social, economic, are valid discussion points. As I said earlier, I am really interested in what the next month will bring. Sticking our head in sand and ignoring it will not change anything. Ignorance is not bliss.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. -
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All of those points have been made time and time again. In fact, we were told to believe that this was nothing but a blip.
The JHU CSSE link clearly shows that this is absolutely not a blip.
The markets agree that this is not a blip. In fact, the DJIA closed in bear market territory for the first time since the financial crisis. The S&P 500 and Nasdaq are less than 2% away from the same fate.
Goldman Sachs estimates that we will enter bear market territory for all three indices within weeks, before recovering.
Meanwhile, every time it was stated that this was serious, the response has been that everything was fine. In fact, here’s a lovely quote that has aged well in hindsight.President Trump.....we've got this.
The fate of the markets is inextricably linked to the progress of the virus.
You just proved John's point, you're all about the money. -
motorhead43026 wrote: »nooshinjohn wrote: »
Funny how science takes money but when a drug company charges money for that little pill and make a profit that actually funds more science, certain people loose their minds.
100% correct.
Further, if we ever go to “Medicare for all” (socialized medicine), most of the medical innovations in this country will cease. THAT will be a massive tragedy.
Valid assumption, so I guess we have no room to complain about the cost of medical care and insurance either. We must shutup and pay the price for funding these innovations, or they will cease to exist for the same reason.
Not a valid assumption at all. NASA and military research has yielded vast amounts of practical innovations. All funded by taxpayers with government oversight. -
Well, if the fate of the markets is linked to the virus, doesn't it make sense that the virus isn't going to be around forever and thus neither will a bear market ?
Btw, if money is your concern, you can make it no matter which way the market moves. If your scared about the violentile movements,get out and sit on the sidelines until it calms down. Not rocket science..
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 -
Oh, the virus will be around forever thus the reason for a vaccine, it's not a cure.
Since we don’t know where we are going we have to stick together in case someone gets there….Ken Kesey.
Idolizing a politician is like believing the stripper REALLY likes you.
And the boots you lick will stomp you too. -
So will all the other viruses, and I'm sure a few more new ones....and the greed I mean markets continue to flourish.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
This discussion has been closed.