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2020 will be the year of no sports.


tailsyoulose
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That's exactly how it has to happen. People have to work and not many will put up with being told they can't leave their homes.

 

do you have any idea what happens when the health care system gets overloaded beyond its capacity? 

 

because i dont. but i imagine it involves a shitload of violence, riots, and total breakdown of social order, which would take years to come back from. the us would never look the same after an event like that. a death rate in the millions, rather than the thousands. 

 

horrible, horrible advice.

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do you have any idea what happens when the health care system gets overloaded beyond its capacity?

 

because i dont. but i imagine it involves a shitload of violence, riots, and total breakdown of social order, which would take years to come back from. the us would never look the same after an event like that. a death rate in the millions, rather than the thousands.

 

horrible, horrible advice.

It's not advice. It's reality. People aren't going to be staying home from work out of caution. They'll stay home from work when they're infected.

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The reality is that this thing isn't going to be contained. People can wish for it, but it's not going to happen.

 

containment means flatten the curve to allow our system to handle the cases as they come. there is a HUGE difference between 1 million cases over the course of six months, versus 1 million in a single day.

 

just like there is a difference between taking the elevator down 10 floors versus jumping out a ten story window. 

 

you are a trader - have you never read taleb?

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containment means flatten the curve to allow our system to handle the cases as they come. there is a HUGE difference between 1 million cases over the course of six months, versus 1 million in a single day.

 

just like there is a difference between taking the elevator down 10 floors versus jumping out a ten story window.

 

you are a trader - have you never read taleb?

I understand that but it's a pipe dream to think that people aren't going to go to work. Most people live paycheck to paycheck.

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I highly doubt that sort of lockdown is going to happen in the United States. The idea of containment will be abandoned at some point and business will return to normal then.

yea, but for the sake of hundreds of thousands dead, dont you have to try to contain it? it will work, once people are scared enough they will self quarantine.

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They shut my brothers building down in Chicago last night for a nice deep cleaning.  They told him to work from home.  I come into work this AM and the score radio station is broadcasting from the building.  Thought damn, pretty efficient job by the cleaning crew to get that big place all cleaned up by 5am.

 

He then comes into my work to infect me.  thanks alot.

The problem with this deep cleaning nonsense that they show all over, schools, public bldgs, etc, is that janitors who wear nothing but gloves are doing the cleaning, if there is virus there, they will get it. then they go home and spread it to everyone else.

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The most workable solution to me is that the elderly and retired self quarantine and avoid contact with everyone else as much as possible since the vast majority of them don't work anyway. Start delivery services for sanitized/disinfected food and other products for them.

 

Keep the virus away from the most susceptible.

 

The rest are going to work.

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The most workable solution to me is that the elderly and retired self quarantine and avoid contact with everyone else as much as possible since the vast majority of them don't work anyway. Start delivery services for sanitized/disinfected food and other products for them.

 

Keep the virus away from the most susceptible.

 

The rest are going to work.

I agree, but the caretakers are the problem, the staff is the weak link. I'm talking nursing homes.

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Can't think about when things will be "normal" again

Has to be months

GREAT thing for you there are no sports to wager on.

 

Each and every dollar you scrape up, which you would have LOST betting on March madness next week. Those dollars can now go to TJD, Rito, Joey and me.

 

You had the tax refund money to settle us. But you lied. Gambled and lost it all.

 

Now with it so quiet. Plenty of time for you to get a job.

 

Then pay the rest.

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Which comes first? "normal" or you repaying those Super Bowl bets youre currently stiffing?

No gambling distractions for him now.

 

He would have clearly been wagering and losing his unemployment checks on March madness.

 

Now he can begin to pay up.

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I agree, but the caretakers are the problem, the staff is the weak link. I'm talking nursing homes.

 

Yep.  And what happens when they stop going to work.  Horrible to think about having a loved one in skilled nursing. I do think monkey is right that manypeople will go to work because they have to, but if they are guaranteed a paycheck for a couple weeks or if they have to stay home because their kids are home from school, I don’t know....won’t be pretty. 

 

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I like Billy's side of this one.

There are already huge reasons the market will soar after there's more certainty with the outbreak. Insanely low interest rates coupled with insanely low energy prices. That means investor money goes to equities, companies have access to cheap capital, and their expenses are low. Add in the stimulus that will come from Congress shortly and the markets will have a huge bounce after the economy gets going again.

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There are already huge reasons the market will soar after there's more certainty with the outbreak. Insanely low interest rates coupled with insanely low energy prices. That means investor money goes to equities, companies have access to cheap capital, and their expenses are low. Add in the stimulus that will come from Congress shortly and the markets will have a huge bounce after the economy gets going again.

You're correct. But that's after we hit bottom. I peg the bottom at about 12,000. Have fun catching that falling knife.

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