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mell saysThis whole thing is still a nothingburger compared to the flu. I almost think it's deliberately hyped to stoke fear in the markets
If you think about it, they could crush the pandemic by taking radical measures as soon as they found the virus: stop all in/out from China regions without 2 weeks quarantine, close schools and stop economic activities without full protection gears. This would have avoided contamination outside the region and saved lives. But the rub is a large hit to economic activities due to added frictions. Which is why they resisted radical measures initially.
This is starting to happen: https://finance.yahoo.com/news/coronavirus-infecting-global-economy-220135978.html
Economic activities are put on old, stores are closed, people stay home. This hurts the economy and will hurt profit.
only 132 confirmed cases worldwide outside of China.
mell saysonly 132 confirmed cases worldwide outside of China.
That was an hour ago. Now it's up to 164.
U.S. Secretary of Commerce Wilbur Ross said last week that the virus could force companies to re-evaluate their supply chains, potentially returning some jobs to the United States.
26 million flu cases and 25000 deaths in the US alone - and it's not even a severe season. So wtf is this coronavirus hype all about.
mell says26 million flu cases and 25000 deaths in the US alone - and it's not even a severe season. So wtf is this coronavirus hype all about.
If this spreads the same as the flu your 26 million would equal 5.2million deaths (if death rate is 2%) in the US not counting how overloaded hospitals would get. Also I think we would rapidly run out of all of the common drugs used to treat breathing issues from pneumonia. With the way China is ran I would think they are under reporting as much as they can.
Jan 22 to Jan 23 (1 days)
555 to 653 = 98 growth
CDGR 17.66%
Jan 23 to Jan 24 (1 days)
653 to 2040 = 1387 growth
CDGR 212.40%
Jan 24 to Jan 25 (1 days)
2040 to 2757 = 717 growth
CDGR 35.15%
Jan 25 to Jan 26 (1 days)
2757 to 4464 = 1707 growth
CDGR 61.92%
Jan 26 to Jan 27 (1 days)
4464 to 6087 = 1623 growth
CDGR 36.36%
Jan 27 to Jan 28 (1 days)
6087 to 7805 = 1718 growth
CDGR 28.22%
Jan 28 to Jan 29 (1 days)
7805 to 9818 = 2013 growth
CDGR 25.79%
Jan 29 to Jan 30 (1 days)
9818 to 11353 = 1535 growth
CDGR 15.63%
Jan 30 to Jan 31 (1 days)
11353 to 14473 = 3120 growth
CDGR 27.48%
Jan 31 to Feb 1 (1 days)
14473 to 16780 = 2307 growth
CDGR 15.94%
https://www.wolframalpha.com/input/?i=plot+17.66%2C212.40%2C35.15%2C61.92%2C36.36%2C28.22%2C25.79%2C15.63%2C27.48%2C15.94
Jan 22 to Jan 25 (3 days)
555 to 2757 = 2202 growth
CDGR 70.63%
Jan 23 to Jan 26 (3 days)
653 to 4464 = 3811 growth
CDGR 89.79%
Jan 24 to Jan 27 (3 days)
2040 to 6087 = 4047 growth
CDGR 43.97%
Jan 25 to Jan 28 (3 days)
2757 to 7805 = 5048 growth
CDGR 41.46%
Jan 26 to Jan 29 (3 days)
4464 to 9818 = 5354 growth
CDGR 30.05%
Jan 27 to Jan 30 (3 days)
6087 to 11353 = 5266 growth
CDGR 23.09%
Jan 28 to Jan 31 (3 days)
7805 to 14473 = 6668 growth
CDGR 22.86%
Jan 29 to Feb 1 (3 days)
9818 to 16780 = 6962 growth
CDGR 19.56%
https://www.wolframalpha.com/input/?i=plot+70.63%2C89.79%2C43.97%2C41.46%2C30.05%2C23.09%2C22.86%2C19.56
Brave, but foolish....
"Huawei, Chinese chip makers keep factories humming despite virus outbreak"
https://finance.yahoo.com/news/huawei-chinese-chip-makers-keep-043752942.html
"Thailand 'cures' coronavirus with anti-HIV drug cocktail in 48 hours"
So, people have contracted Corona Virus because they did not get the vaccine?
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