Latest Coronavirus - Yikes

#6,376
#6,376
rjd970 said:
Tinfoil hat time - anybody think that media induced panic driving the market down is intentional so the heavy hitter investors who have shorted the hot market can finally cash in? Once the shorts and insurance are called in the media hysteria will magically go away and be explained away as it being “warmer weather”?

I don’t know, the media is generally stupid, no doubt, but some of this seems overly-intentional given the cold facts concerning this virus. This is not the plague. It just isn’t. It’s barely the Flu.
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I think the men that run things were looking for a pin to pop the bubble and they decided to jump on this as a convenient way to pop it. I don't think it was necessarily coordinated, but then again, it wouldn't surprise me if it was.
 
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#6,377
#6,377
Electric Orange said:
You guys can all default to im an idiot who doesnt know what the flu is or anything about spanish flu or wikipedia. My point may be wrong or whatever but these responses are all acting like im an idiot for the wrong reasons. I only was commenting on how the coverage of the sickness, virus, coronavirus, you know what im saying, was covered by the media.
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So if I break it down, you are surprised that the most populous country in earth has disease that break out? Now think about that.
 
#6,379
#6,379
Velo Vol said:
You really think the major Wall Street traders (who move the market) are being controlled by what appears on ABC World News Tonight?
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Nope, they just want everyone else to be. Never let a good crisis go to waste, and who better to foment crisis than the "news"? The Wall St types just want your money - all of it; the news is just their starter kit.
 
#6,380
#6,380
volfanhill said:
Then why are you so focused on it being wrongly called the Chinese flu? What’s your point?
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Because they covered it up instead of doing anything to help stop it until it was too late. And I think censorship of things like oh idk a potential pandemic is something to be frowned upon. And the medias failure to call it what it is and instead of use it as an opportunity to play talk about trump day one million makes our supposively free media just as much of a joke as the Chinese state run one.
 
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#6,381
#6,381
sy6glgfh5ql41.jpg
 
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#6,382
#6,382
Electric Orange said:
Because they covered it up instead of doing anything to help stop it until it was too late. And I think censorship of things like oh idk a potential pandemic is something to be frowned upon. And the medias failure to call it what it is and instead of use it as an opportunity to play talk about trump day one million makes our supposively free media just as much of a joke as the Chinese state run one.
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Oh you mean like what we did? We had plenty of warning on this ****. It’s been reported on since December.
 
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#6,383
#6,383
Matt2496 said:
Panic from prospective customers is what's causing a decline in those respective industries. Also, couple that with Oil Prices plummeting and you have a very volatile situation in the stock market that is beyond Trump's control.

Let's hope this doesn't get out of hand although one could say that it already has.
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Since the Russians and the Saudis dumped oil prices, can we claim they are meddling with the next election? Looks like they are pulling out all the stops to get Trump.
 
#6,385
#6,385
volfanhill said:
Oh you mean like what we did? We had plenty of warning on this ****. It’s been reported on since December.
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I think that the Chinese government's response was in reality much different than what was being reported.
 
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#6,388
#6,388
GAVol said:
We’re just trying to figure out the best way to deliver useful info. This thread is the most active, but it naturally veers away from information and into politics.
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Veer off???

In the politics form??????

Naaaaahhhhhhhhhhhhhh

Never!!!!!!
 
#6,390
#6,390
I know that Trump likes to blame the media and Democrats, but they pretty much shut all of Italy (for example) down. Has nothing to do with Americans or people out to get Trump and wreck the stock market. In fact, worldwide media coverage is a good thing, because at least people are taking more precaution.

The data shows that it is much harder on the elderly and immune compromised. Most of us are either elderly or have someone they love dearly who is, so that doesn't make me feel better.

I know there are conspiracy theorists out there saying it's all to get rid of Trump. We have had big viruses scares before and if you do research it has always wrecked some economy and/or caused panic.
 
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#6,391
#6,391
This article kinda sums it up (next post accidentally duplicated it. Damn phones)
 
#6,392
#6,392
China is ill, but it goes much deeper than the coronavirus | Ai Weiwei

"China is ill, yes – but from much more than a coronavirus. The world panics – but only about the virus, not about the deeper illness. China interlocks with the world economically and, in recent years, in some political ways too. If its systemic illness continues to worsen, and to spread by contagion, the world may have to face the existential questions that the illness raises: can civilisation survive without trust? Can government that lacks legitimacy survive indefinitely?"

"
The communist system, with its tight control of information and its accountability of officials only to their bureaucratic superiors, not to the people below, has been undermining social trust for decades. Citizens do not expect a volte-face in trust just because a deadly virus appears. But without trust, people’s immune system against lies breaks down.In the public sphere, all belief becomes ungrounded belief.

It’s like being in a science fiction film – my daily life in a locked-down Chinese city
Statements float like clouds, beyond truth or falsity. Questions about a virus – what happened and why? – should be empirical questions that have determinable answers. But not in China, where the problem is not even lack of knowledge so much as lack of a system in which knowledge is possible. China’s officialdom does have a scale on which it measures the value of particular statements, but the criterion is not truth or falsity – it is how well the statement does something that authorities want to see done.

It will not be easy to stop the rot of trust in China, because its spread is already deep. Moreover there is the very daunting problem that the Communist party does not want transparency and trust. The party’s power rests crucially on two cornerstones: intimidation and control of information. This is because a populace both frightened and blind is pliable."
 
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#6,394
#6,394
It is something that needs to be taken seriously but the fear it is causing ridiculous. Almost 12,000 people die each year from the flu and 50000 die from pneumonia per year in the US. There are 123 deaths from suicide per day in the US alone. There is no reason to freak out over this disease.
 
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#6,396
#6,396
***RoadVol*** said:
This line of thinking is pure horse crap! No one is cheering on this virus or a recession. Getting Trump out of office is not worth one person losing their life or people losing their jobs. People that think like this are just as horrible as the people they despise.
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Absolutely false.
 
#6,398
#6,398
I was using YouTube a couple of days ago and came across an episode of 60 minutes, the Australian version. It was documenting the reason for these viruses coming out of China and Asia in general the animal markets. I encourage everybodyto watch it.

 
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