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WSJ agrees with me
Comments
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Is it possible both are true?RaceBannon said:
I don't feel like doing this on Twitter but I think our friend Pat is in an epic meltdown. Not TDS but very strangeGrundleStiltzkin said:
People confuse the mass hysteria with an actual crisis
We don't have one. Maybe we might someday. Maybe an asteroid will hit the earth
This will be in the psych books someday
My gut tells me we will look back at this and there will be questions as to whether these rather unique and unprecedented actions were necessary ... and that would be a good thing
The downside of not taking drastic actions are that we risk overwhelming the healthcare system, start having to make decisions as to who lives vs who dies, and have no chance at stopping the spread until it gets to be way too late.
Make no mistake everything that we are doing right now is buying time ... pure and simple. It’s what the numbers and models tells us.
Delaying hopefully gives us time to work on solutions, get the situation back into a controllable one, and hopefully get us into warmer temperatures which may help in slowing this down if it behaves like most viruses.
The market getting destroyed right now is irrational market behaviors at its finest where the short term focus dominates the long term. There’s no question there will be a 2020 impact. However, successful mitigation will not dramatically alter outlooks as most smart finance people make sure they have contingent working capital reserves in place exactly for situations like this. The biggest downside will be for companies over leveraged.
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Hi @BearsWiin - so the typhus didn't win!!!!?!BearsWiin said:
Race Contrarion, proudly licking doorknobs to own the libsRaceBannon said:I turned to my wife today and said when the mob runs this way then run the other way as fast as possible. You won't go wrong
She looked at me and said you know that's something to think about
Being a contrarian has it advantages
I need to unplug. Maybe watch some golf or basketball
Wait
Welcome home, Komrade
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He and the other schmucks in the media have been saying the same thing for 3 years about Trump...it’s why nobody outside of NY/DC listens to or believes them anymore.GrundleStiltzkin said:
People are going to be freaking out for the next couple weeks, and by mid-April it’s all going to be disappearing and we will be on to the next crisis.
The problem for the TDS folks is that if it doesn’t start killing hundreds of thousands of folks (or now millions with Obama’s crew chiming in) that they are scaring everybody into thinking it should...it lets the folks in charge (I.e. Trump) take a victory lap at their expense. They have built up such a crisis that anything less than a complete catastrophe looks like the folks in charge pulled off a miracle.
Not too much into the prediction game but I bet Biden will be really claiming that Trump copied his recommends after Trump takes a victory lap this summer.
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I leave that to your Iranian palsBearsWiin said:
Race Contrarion, proudly licking doorknobs to own the libsRaceBannon said:I turned to my wife today and said when the mob runs this way then run the other way as fast as possible. You won't go wrong
She looked at me and said you know that's something to think about
Being a contrarian has it advantages
I need to unplug. Maybe watch some golf or basketball
Wait
Bootlicker -
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Hardy har har, agreeWilburHooksHands said:this was pretty much my point
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God willing we get to that point quickly, Trump will take lap after distasteful lap.HoustonHusky said:
He and the other schmucks in the media have been saying the same thing for 3 years about Trump...it’s why nobody outside of NY/DC listens to or believes them anymore.GrundleStiltzkin said:
People are going to be freaking out for the next couple weeks, and by mid-April it’s all going to be disappearing and we will be on to the next crisis.
The problem for the TDS folks is that if it doesn’t start killing hundreds of thousands of folks (or now millions with Obama’s crew chiming in) that they are scaring everybody into thinking it should...it lets the folks in charge (I.e. Trump) take a victory lap at their expense. They have built up such a crisis that anything less than a complete catastrophe looks like the folks in charge pulled off a miracle.
Not too much into the prediction game but I bet Biden will be really claiming that Trump copied his recommends after Trump takes a victory lap this summer. -
If you get the blame why not take the credit
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I will laugh uproariously, but still feel a little dirty about it.RaceBannon said:If you get the blame why not take the credit
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Yep. If there were no Facechats, Twatter (r i p @GrundleStiltzkin ), Grindr, etc., the markets wouldn't have plummeted as they did and schools would not be closed across the country right now. Most if not All the sports would still be on, most without crowds and Epstein didn't kill himself.RaceBannon said:This is an internet sensation
Cancelling everything is the worst thing they could do. Completely driven by fear of being trashed on social media
What are we supposed to do, read a book?
