I doubt some countries are truthfully reporting, or they just aren’t doing proper screening (e.g. Iran currently based on their numbers has like 10% fatality rate, that does not seem believable, most likely number of infected is 10x higher)
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IIUC the issue is when health care system can no longer keep up. There’s something like 20% of people with severe symptoms, if uncontained it can overload the healthcare system (and that’s likely the explanation for the widely different fatality rate in Wuhan vs. rest of China).
That’s a crap chart, you find all best charts on Wikipedia.
I guess what can worry us a bit is that the ROW cases keep accelerating even though they already slowed down once.
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I watched the video of this billionaire talking. It’s from Feb 8, so already 3 weeks old! Also this screenshot from official Tencent website, 4 weeks old, it shows 24’000 dead which was then quickly corrected.
I think the fact that these revelations are so old speaks against them. Since then we had the spread to other countries and I can’t believe that all countries would agree to report false statistics, just to keep us calm. I mean come on, that’s counterproductive. If they told me it’s 100x times worse than we think, I would take much more care about everything and stay home as much as possible.
So anyway, if that billionaire is lying, then why? Is he so cynical that he lies to make a few bucks? That’s disgusting…
This whole Coronavirus situation has been the prime example of China-bashing.
We may actually find out the hard way, that China as a society is way more organized and has more self discipline, which is why they managed to containt the virus the way they did.
How many people in your office are wearing a face mask now? Thought so.
I’m already laughing with tears trying to imagine Southern Europeans attempting to build a 1000+ bed hospital in 1 week.
Imagine Germany. The hospital would be finished in 2032.
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They let the virus spread worldwide while they publicly shamed the doctor who first reported it. I am not sure I agree with your positive view. But surely China as a society can be much more efficient than our democracies, in the good, as well as in the bad things.
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The first world had a month of head start and actually did nothing to prevent the outbreak and get ready to contain it.
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That is also true. And I need to write 20 characters, what a waste.
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Without Virgin Galactic in the mix, I refuse to buy 
!
Thanks 
. You can find an incomplete list of bubbles here. I would bet that some zombie shale oil company with a proud pile of junk debt will open the “closed because of the coronavirus” show (even if it never made any profit in the years before). I wouldn’t bet any penny though, because zombies tend to be eternal . Who knows, perhaps the Fed is already working on the next “cash for trash” programme…
It will be interesting to follow the JNK and HYG tickers.
Yes, from what I understand, there was done quite a bit in the background. I wish they would increase testing and cast a wider net and test anyone with symptoms.
There is a moderate risk that there are small clusters somewhere that are not detected. If the clusters are detected early, drastic measures can be of shorter duration and only locally.
The hygiene stuff should also be put in every public or company bathroom (How to properly wash hands). The culture at work should also be that anyone who appears sick should go home.
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This is the worst week in the history of stocks. What a time to be alive! Never expected something like this.
Still kind of surprised at my market timing skills. Invested 25% of all my investable assets last week at the peak 
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I invested 33% of my entire portfolio on Monday, Tuesday and Wednesday. Too early but OK. Life lessons. I’m 35, and planning FI by 50.
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also quite large-ish trading volumes
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I’m relatively happy with this market movement… Luckily, I sold 1/3 of my stocks last week and the week before because I was mad about picking stocks and wanted to index a bit more buying VTI and VXUS, VNQ, etc.
I’m just buying slowly. We don’t know where the dip will be but I have cash for one or two days, not more!
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Transferred CHF to IB and exchanged to USD (heard CHF is expensive due to this panic). Didn’t have the guts to buy, though… I guess I’ll wait a few more days to see if this craze stops, but at least I can act quickly
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Look again, panic buying has just started
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No, wait, don’t start without me!
