Now back to our regularly scheduled panic:
Posted on 03/23/2020 5:10:11 PM PDT by krny9
Michael Levitt, a Nobel laureate and Stanford biophysicist, began analyzing the number of COVID-19 cases worldwide in January and correctly calculated that China would get through the worst of its coronavirus outbreak long before many health experts had predicted.
Now he foresees a similar outcome in the United States and the rest of the world.
While many epidemiologists are warning of months, or even years, of massive social disruption and millions of deaths, Levitt says the data simply don’t support such a dire scenario — especially in areas where reasonable social distancing measures are in place.
“What we need is to control the panic,” he said. In the grand scheme, “we’re going to be fine.”
(Excerpt) Read more at latimes.com ...
How long will it take for the economy to recover?
It’s going to be close to 90F this week in Central Texas.
Zee virus es “cooked”!
Now back to our regularly scheduled panic:
Retirement portfolios are Cooked
Incoming...
“He’s not an epidemiologist”
“He’s had no experience in infectious disease control”
So what’s his projection/prediction of the “end”?
Does the timing of the “end” vary across the US?
Too much hand waving in the article.
Only if you cash out. Otherwise, it’s only a paper loss that will recover in time.
The early onset of heat here in Texas is what I'm also hoping for. This will definitely give the virus a hard time. I'm waiting to see what the numbers of cases are this weekend in Texas. This will tell whether or not all the "shelter in place" directives are working. If things go as I hope, we could be fully recovered from this in 6 to 8 weeks.
Another day, another argument from authority fallacy.
I haven’t been able to keep up with everyone, but I’m VERY happy to see you’re in the Level Headed Group with me! :)
It will pick back up in 12-18 mo once this business is done, I will buy once it starts up and the portfolio banker says okay
“Getting vaccinated against the flu is important because a coronavirus outbreak that strikes in the middle of a flu epidemic is much more likely to overwhelm hospitals and increases the odds that the coronavirus goes undetected.
This was probably a factor in Italy, a country with a strong anti-vaccine movement, he said.”
NO, no, no! The media is NOT going to allow it!
Ever hear of RMD’s and income generating portfolios at a bottom >
aka “cash out”
RE: This heat thing.
Maybe someone can explain something to me. Here in the Northeast, we’re waiting for the weather to break (which it certainly didn’t today... there was snow on the ground this morning!) in the hopes that the heat will crush this virus.
However, the thing seems to be thriving in Florida where it’s ALWAYS hot (and hot now)... so how do those two add up? If heat was going to kill it, wouldn’t it have done so in Florida already?
“What we need is to control the panic,”
Too late.
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