Corona virus

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Whatever your differences with Merkel or German society over gun ownership is TOTALLY irrelevant to the coronavirus and its spread. I was already aware you have no worries, at least about the coronavirus. Keep your head in the sand and enjoy it while you can.

The relationship IMO is if things get desperate, things turn crazy. Or society is a pretty thin veneer of wishful thinking. Heck people sometimes riot after their favorite team wins the big game. :)

The difference between dialog and reality, https://www.bbc.com/news/world-europe-51567971 Just around the corner from the hospital.
 
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Today's Podcast from Mayo clinic. This should clear a few things up that are being discussed on this thread and open a few more. Fact and Fiction.

 
Don't panic they say. Yet the number of new confirmed cases doubles from the ones the day before. It's over 300x more deadly than the flu. Most people will recover in about 2 weeks? 3 days tops for the regular flu. No one really knows anything about this. When people including doctors try to say they know but really have no clue creates panic. Universities across the country are closing, New York is calling in the national guard and people shouldn't worry?
 
Don't panic they say. Yet the number of new confirmed cases doubles from the ones the day before. It's over 300x more deadly than the flu. Most people will recover in about 2 weeks? 3 days tops for the regular flu. No one really knows anything about this. When people including doctors try to say they know but really have no clue creates panic. Universities across the country are closing, New York is calling in the national guard and people shouldn't worry?
A month ago the anti-humanist control freaks were ruminating about how best to thin the herd, and now they are running around with their hair on fire.

5 alarm panic has now set in. Thanks social media!
 
Same w/ TSP and the like. Preaching to stay in Common & Small to minimize market loss, yet the market IS losing. No right train of thought says... "I'll keep buying shares as the market drops... It's simple - look at your TSP. There's a reason overnight re-allocation is available.
I'm calm - my TSP moved. However, there's panic by those watching a chunk of retirement $ go down the drain. Some followed suit, others - ouch... I hear them cringing about their TSP when they hear the market plunged yet again...
 
Don't panic they say. Yet the number of new confirmed cases doubles from the ones the day before. It's over 300x more deadly than the flu. Most people will recover in about 2 weeks? 3 days tops for the regular flu. No one really knows anything about this. When people including doctors try to say they know but really have no clue creates panic. Universities across the country are closing, New York is calling in the national guard and people shouldn't worry?

Panic if it makes you take sensible precautions, don't panic if it makes you buy out the toilet paper at your local Walmart.

This is not a small thing. Not here, not in Germany, not anywhere.
 
Same w/ TSP and the like. Preaching to stay in Common & Small to minimize market loss, yet the market IS losing. No right train of thought says... "I'll keep buying shares as the market drops... It's simple - look at your TSP. There's a reason overnight re-allocation is available.
I'm calm - my TSP moved. However, there's panic by those watching a chunk of retirement $ go down the drain. Some followed suit, others - ouch... I hear them cringing about their TSP when they hear the market plunged yet again...

Not everyone is in the same situation as you, so your advice isn't that great for most others.

I'm not panicked and I'm still buying...my allocations and distribution within the various funds has stayed the same. Unless you cash out, you haven't lost a dime. Plus, when playing with house money on 100% match on 5% of your gross income, how do you ever really "lose"? Answer: You don't.

If you're in the short game, under 3 years, and didn't already have your money in a more secure state, well, you deserve to "lose". For those with 3+ years, the best bet is to stay the course. Many people, including the best, try to "time" the highs and lows in the market, and they never seem to do it right. Smart play is to buy continually and let it ride...and exactly what I'm doing.

Plus, its easier yet for those working for the GOV, with 5-10 years left to "gamble" in the market when we have a secure pension with 33-40% of high 3 to live on, combined with SS offset. Its also prudent to truly diversify beyond even the TSP, pension, and SS and having a real-estate investment with a current monthly income of $1300, with a projected monthly income of $1500-$1600, makes staying the course an even easier, and a better option.

My eggs have never been in one basket, by design.
 
What I find interesting is those people here who say that they are young and healthy as are their children and spouses have no concerns about maybe contracting the virus put, no thought into who they may spread the virus to even if they've not showing any symptoms. I'm sure your parents and grandparents will thank you.
You can be sure the numbers are much higher than the White house is stating because there is no widespread testing going on because they don't want the real numbers reported.
 
What I find interesting is those people here who say that they are young and healthy as are their children and spouses have no concerns about maybe contracting the virus put, no thought into who they may spread the virus to even if they've not showing any symptoms. I'm sure your parents and grandparents will thank you.

Well said.


You can be sure the numbers are much higher than the White house is stating because there is no widespread testing going on because they don't want the real numbers reported.

Widespread population testing is not a thing in general, and really not a thing when they are trying to make sure they have enough tests for those actually at risk. In general, experts are suggesting 60-80% of the population will be exposed in the coming 6 months and the best data we have is that for those healthy and under 70 yrs old 80% will have no symptoms or symptoms no worse than the typical winter cold. So assume by next hunting season 200-300 million Americans have been exposed and gone on with their lives with minimal health interruption. What is in store for the 20% that have more severe symptoms, only time will tell. It is possible that we are talking a million deaths, it is also possible that the virus attenuates as it spreads and that 80% becomes 95% - no one knows, but it is NOT part of a presidential election scheme by Bernie or Donald.

This is a really good listen that has been floating around on this thread already so sorry for the duplicate:

 
I fall into the low risk category, but what worries me the most is the possibility of my grandparents dying from it. I suspect it will sweep through retirement destinations like Florida quite badly.
 
NM Gov. just declared medical emergency with 3 cases identified & in isolation & steps being taken.
I'm 65 and in better shape than most folks,but still....does not negate the fact that folks in their 30's have died too.
Glad Rio & I are where we are.
 
What I find interesting is those people here who say that they are young and healthy as are their children and spouses have no concerns about maybe contracting the virus put, no thought into who they may spread the virus to even if they've not showing any symptoms. I'm sure your parents and grandparents will thank you.
You can be sure the numbers are much higher than the White house is stating because there is no widespread testing going on because they don't want the real numbers reported.

I’m supposed to head up to Maine where my family lives to pickup a car that we bought. Would love to see my old man, but given that I live in a place where there are cases we decided to just avoid the possibility.
I, like most younger people, will probably be ok, but that doesn’t mean that we shouldn’t be cautious and avoid giving it to people with higher risk of serious complications.
 
I found this chart interesting. The US is just getting started in this process.

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For those of you who think "not testing" is some political thing, I bring you a public service message from the medical profession (i.e., science).

“The average person who just has a fever and respiratory symptoms does not need to be tested,” said Jennifer Nuzzo, a senior scholar at the Johns Hopkins Center for Health Security. “We don’t need just everybody to show up at their doctor and get tested. It will put way too much strain on the health system.”
 
Just a thank you to the younger posters who recognize that the risk of the virus extends beyond themselves.

I'm coming 69, in very good health, as far as I know. My wife is 67 but has a complicating factor, increasing her risk. Many of my friends are more or less my age, some healthy, some not so much. It would be foolhardy to think it does not pose serious risk to some of us.

I guess you could say we are living in interesting times.
 
Was humorous though at the same time... Met with my Father in Law (78) at our daughter's choir concert last night. He went to shake my hand then withdrew just as quick... Said, "Whoa! I know where you work!". We get along great. Darn Corona!
 
It's hard to understand why some think the USA line won't look similar, or that the impacts will be less. If our line starts out with less slope it's simply because we are not completing testing at the same rate as other countries.

I find it easy to believe...we have Government Leadership that runs around telling everyone the U. S. is #1 no matter the issue, circumstance, science, facts, etc. that surround an issue. The way the US has handled this, up until now, makes it pretty tough to run around with this attached to your hand...

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