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Danger of Panic far exceeds the danger of corona

Leongsam

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It takes high IQ characters like Elon Musk, PAP ministers and myself to ignore the noise and concentrate on the facts and facts alone.

If you look at his twitter feed 95% of his tweets are about positive stuff that is changing the world. The corona shit is just background noise.

https://twitter.com/elonmusk

Screenshot 2020-03-25 21.55.33.png
 
That's not what we see happening.

Emergency decree in force from midnight
PUBLISHED : 25 MAR 2020 AT 15:35
WRITER: POST REPORTERS
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Reporters at Government House on Wednesday watch Prime Minister Prayut Chan-o-cha announcing the enforcement of the emergency decree. (Photo by Chanat Katanyu)
Reporters at Government House on Wednesday watch Prime Minister Prayut Chan-o-cha announcing the enforcement of the emergency decree. (Photo by Chanat Katanyu)
An emergency decree will be enforced across the country from Thursday until April 30 as the government steps up the fight against the coronavirus disease pandemic.
The period of the emergency decree was announced on Wednesday in a nationwide broadcast by Prime Minister Prayut Chan-o-cha.
The emergency decree will be applied to all areas, the announcement said. It is effective from midnight Wednesday.

The decree authorises Gen Prayut to chair the centre to fight the virus, with the permanent secretaries of public health, interior, commerce and foreign affairs to help him. The supreme commander of the armed forces has been given responsibility for security affairs.
"Only necessary measures will be issued, to prevent the spread of the virus," the announcement said.
Gen Prayut said all shops selling food and essential consumer goods can remain open. He warned that anybody taking advantage of the situation for their own benefit will face stern action - an apparent reference to hoarders.

More measures are expected to be announced.
 
These fast spreading pandemics only last a couple of months if we leave nature to do its work.

The virus is pretty mild in most so it is not a major concern.
 
These fast spreading pandemics only last a couple of months if we leave nature to do its work.

The virus is pretty mild in most so it is not a major concern.

My industry is projecting another wave in China. So it is "double-buy" now. Buy more because vacuum a few months ago, buy more in anticipation of supply chain disruptions ahead.
 
My industry is projecting another wave in China.

So be it. Life needs to carry on, people need to earn a living, factories need to produce and imports and exports need to keep flowing.

People seem to forget that treating illnesses costs money and none of those being treated for covid-19 are paying any bills as far as I know it is all funded by the taxpayer in almost every single country.

However taxes can only be collected when there is income to be taxed. Without a productive workforce money is going to run out in no time at all as x% of $0 will always work out to be ZERO.

So if a country is shut down for a month and it's still around then what are we going to do? shut another month?... and another and another.

Tell me which country is going to be in lockdown for 6 months or more where everybody is starving to death because there is no income to buy the basic necessities of life. We'll have an almighty riot on our hands.
 
It takes high IQ characters like Elon Musk, PAP ministers and myself to ignore the noise and concentrate on the facts and facts alone.

If you look at his twitter feed 95% of his tweets are about positive stuff that is changing the world. The corona shit is just background noise.

https://twitter.com/elonmusk

View attachment 74153
It is the fear of unknown, and the alarming infectiousness that is driving people crazy.
 
So be it. Life needs to carry on, people need to earn a living, factories need to produce and imports and exports need to keep flowing.

People seem to forget that treating illnesses costs money and none of those being treated for covid-19 are paying any bills as far as I know it is all funded by the taxpayer in almost every single country.

However taxes can only be collected when there is income to be taxed. Without a productive workforce money is going to run out in no time at all as x% of $0 will always work out to be ZERO.

So if a country is shut down for a month and it's still around then what are we going to do? shut another month?... and another and another.

Tell me which country is going to be in lockdown for 6 months or more where everybody is starving to death because there is no income to buy the basic necessities of life. We'll have an almighty riot on our hands.

have no fear boss, central banks will print as much money as they need to cover the cost of treatment. money is an illusion to determine the distribution of goods and services. especially with persistently low inflation, the central banks can go ahead and print till QE-69.

money simply decides who gets what, when. if the world were to go into lockdown, it will be a wonderful opportunity to experiment with the distribution of goods without money. we can revert to barter trade and sell handjobs for rice.

maybe covid-19 will mark the end of capitalism as we know it. business schools are already questioning the primacy of profit for shareholders in a private company.
 
have no fear boss, central banks will print as much money as they need to cover the cost of treatment. money is an illusion to determine the distribution of goods and services. especially with persistently low inflation, the central banks can go ahead and print till QE-69.

money simply decides who gets what, when. if the world were to go into lockdown, it will be a wonderful opportunity to experiment with the distribution of goods without money. we can revert to barter trade and sell handjobs for rice.

maybe covid-19 will mark the end of capitalism as we know it. business schools are already questioning the primacy of profit for shareholders in a private company.

There is no need to print anymore just add a few zeros from a keyboard. Personally I would like that. Unfortunately it won't save everyone.
 
It is the fear of unknown, and the alarming infectiousness that is driving people crazy.

Unknowns are exciting. Imagine reading a book when you already know how the story will end. It takes all the fun out of it.

But on a serious note how on earth have we ended up being so damned risk adverse? The infection may spread quite rapidly but the mortality rate is extremely low.

I took a look at the chart for Italy and apart from the half dead old farts the rest of the nation is doing very well.
 
So be it. Life needs to carry on, people need to earn a living, factories need to produce and imports and exports need to keep flowing.

People seem to forget that treating illnesses costs money and none of those being treated for covid-19 are paying any bills as far as I know it is all funded by the taxpayer in almost every single country.

However taxes can only be collected when there is income to be taxed. Without a productive workforce money is going to run out in no time at all as x% of $0 will always work out to be ZERO.

So if a country is shut down for a month and it's still around then what are we going to do? shut another month?... and another and another.

Tell me which country is going to be in lockdown for 6 months or more where everybody is starving to death because there is no income to buy the basic necessities of life. We'll have an almighty riot on our hands.

I agree with Trump that the cure is worse than the sickness... that says enough what U.S. plans are gonna be... in time to come, November, specifically, Trump will be vindicated.
 
Running dog singing PAP song.

The problem with anti PAP characters like yourself is that that you cannot string a sentence together to argue your case nor do you have the IQ to analyse the situation.

All you can do is chant slogans.

If you have a case to present to counter my view of the situation by all means present it. It doesn't have to be a a long essay. Just compose your thoughts and put them in writing, in about 200 words, why you think the PAP is doing the wrong thing and explain why a shutdown of the whole economy is necessary after working out the loss in GDP. I know the figure. Let's see what estimate you come out with.
 
One sentence: This whole bloody world is over-reacting on this Covid-19 virus fiasco and the economic price to be paid is going to be enormous compared to the number who will die from this virus.
 
But on a serious note how on earth have we ended up being so damned risk adverse? The infection may spread quite rapidly but the mortality rate is extremely low.

I took a look at the chart for Italy and apart from the half dead old farts the rest of the nation is doing very well.

I have a working theory...

The virus is killing old farts.
Old farts run the world.
Old farts get scared, become risk adverse and off we go to shutdown land...

If the world were run by Young folks in their 20s and 30s, we'll be partying every night as we work from home all day.
 
Unknowns are exciting. Imagine reading a book when you already know how the story will end. It takes all the fun out of it.

But on a serious note how on earth have we ended up being so damned risk adverse? The infection may spread quite rapidly but the mortality rate is extremely low.

I took a look at the chart for Italy and apart from the half dead old farts the rest of the nation is doing very well.
If most of people is rational and sane, all these would not have happen.
Most of the time, it is the emotions that is preying upon us,
fear, anxiety and sentimental.

Because little is known about this causative pathogen, even WHO has declared a pandemic, which in turn cause anxiety in normal citizens, lead to panic buying, grumbling, fighting, some even looting.
Humans have sheep mentality. If a large number of people is doing it, to them there must be a persuasive reason, think of the Tulip Mania during Dutch golden age where everyone thinks scoring it would lead to immense wealth and live happily ever after. :sneaky:
On political side, some politician may exaggerate the situation to further their goals, playing on the victim's family sentiment.
Yes most elderly Italian may have perish, but what about their family who survive this plague?
Those in the office may be pressed to do something to pacify their immediate members, least they lose their political points.

There is currently no cure nor vaccine against this new disease , and medical specialists can only treat the symptoms of the disease.
Even WHO doctors have stated developing a vaccine may take 18 months,
Before this can happen, I'm sure this pandemonium will carry on.
 
Normal times all you chaps make fun of small boob girls.

Now pandemic time everyone wants to "flatten the curve".
 
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