/biz/ - Business & Finance

>>23074618
I still love you Corona-Chan!

>>17977888
>he actually believes the wet market story

Genuine question. Can the Russians/Saudis actually survive with oil prices this low or is this just a bluff?

They are saying they will up the production by April 1st, but there's still 2 weeks to go and i'm starting to wonder if by the end of March they will just go "hahaha, just kidding, time to cut production"

>15 000 new cases and 1000 deaths per day
and it's still going up

>>17872007
You’re already talking about having the worst possible reaction to the existing variant, but yeah what you describe is possible. Like I said, your risk calculus is your own. Odds are pretty good you’re going to get it regardless of what you do.

>>17839830
>flu kills .1% of confirmed cases
It's actually even less, swine flu, for example, is estimated to have infected 59m Americans, and killed 12k (0.02%), and is regarded as a rather bad influenza pandemic. Normal seasonal flu kills fuck-all, the numbers getting tossed around (60k/yr) are completed bullshit

Threadly

>it's just the flu bro!
Seasonal flu mortality rate is <0.05% while corona-chan's is >1%, corona-chan is no less than 20x as lethal as the flu. Corona-chan is also far more contagious
>it'll stop spreading when it warms!
Flu is exceptionally seasonal, it's R0 in winter is ~1.6 and under 1 in summer. Corona-chan's R0 is over 3 now (already well outside of flu season) and estimated to still be over 2 in summer, so while the speed of spread will slow, it won't be stopped.
>it only kills old people, let's just ignore it!
While CFR increases exponentially with age, it still has, and will continue to, kill & hospitalize the young and healthy. Moreover, the CFR is >5% for 60+. What's the average age of Congress? CEOs of Fortune 500 companies? Both over 60.
>b-but treatments are just around the corner!
No. A vaccine is a year away at least. Antivirals don't work unless given within the first few days of infection, given the incubation period antivirals will be all but worthless. Monoclonal antibody therapy will be more effective, but is 6m out until trials, and still won't be very effective in advanced cases, indeed, Regeneron appears to be targeting their treatment as a prophylactic, probably mainly for healthcare workers treating infected.

>>17751550
>>17751566
Aight boys buckle up, this shit isn't priced in yet.

There's 100k in Ohio alone.
https://www.news5cleveland.com/news/continuing-coverage/coronavirus/ohio-department-of-health-says-100-000-ohioans-are-carrying-coronavirus

>>17715980
Do the math for coronavirus yourself. Italy has a 6% death rate, China ~2%, South Korea 0.7%. Anthony Fauci claims 1%. Let's go with 1%. If Coronavirus infects 60% of America, which is in line with flu pandemic models, that's 2 million dead in America alone. And the 1% fatalities assumes hospitals won't be overwhelmed. If they are, you'll see numbers more like Italy, where the death rate is many times what it needs to be for lack of ICU beds and ventilators.

Remember, big takeaway: 2% die, but 20% need intensive care, and ain't nobody got nurses for that.

Threadly.

>it's just the flu bro!
Seasonal flu mortality rate is 0.05% while corona-chan's is over 1%, corona-chan is no less than 20x as lethal as the flu. Corona-chan is also far more contagious
>it'll stop spreading when it warms!
Flu is exceptionally seasonal, it's R0 in winter is ~1.6 and under 1 in summer. Corona-chan's R0 is over 3 now (already well outside of flu season) and estimated to still be over 2 in summer, so while the speed of spread will slow, it won't be stopped.
>it only kills old people, let's just ignore it!
While CFR increases exponentially with age, it still has, and will continue to, kill & hospitalize the young and healthy. Moreover, the CFR is >5% for 60+. What's the average age of Congress? CEOs of Fortune 500 companies? Both over 60.
>b-but treatments are just around the corner!
No. A vaccine is a year away at least. Antivirals don't work unless given within the first few days of infection, given the incubation period antivirals will be all but worthless. Monoclonal antibody therapy will be more effective, but is 6m out until trials, and still won't be very effective in advanced cases, indeed, Regeneron appears to be targeting their treatment as a prophylactic, probably mainly for healthcare workers treating infected.

>it's just the flu bro!
Seasonal flu mortality rate is 0.05% while corona-chan's is 1-4%, so low-end 20x as lethal. Corona-chan is also far more contagious
>it'll stop spreading when it warms!
Flu is exceptionally seasonal, it's R0 in winter is ~1.6 and under 1 in summer. Corona-chan's R0 is over 3 now (already well outside of flu season) and estimated to still be over 2 in summer, so while the speed of spread will slow, it won't be stopped.
>b-but treatments are just around the corner!
No. A vaccine is a year away at least. Antivirals don't work unless given within the first few days of infection, given the incubation period antivirals will be all but worthless. Monoclonal antibody therapy will be more effective, but is 6m out until trials, and still won't be very effective in advanced cases, indeed, Regeneron appears to be targeting their treatment as a prophylactic, probably mainly for healthcare workers treating infected.

>>17676472
>hourly wage earners will essentially still get their paycheck if they are forced to stay home in any form as a result of the Coronavirus
he didn't say this shit you fucking idiot. He said he was working on a payroll tax exemption which, if passed, would mean an exemption for the employer and they would be expected to (acting in good faith) pass it on to the employee by still paying them their ducats. I'll give you 3 guesses what will actually happen

Are there really people who actually believe in the "always buy, stonks only go up" meme? I saw someone recommend buying index funds today as if Europe doesn't exist

>>17674087
Smooth brain.

By the CDC's own numbers flu vaccines only prevent ~6k flu deaths/year. Without the flu vaccine flu mortality barely budges ~21.5k versus 19k (10-33k without vaccine 4-27k with) and mortality rate doesn't fall AT ALL

You are a delusional fucking retard

Threadly.

Remdesivir needs to be given very early in an infection for real efficacy. Gilead might moon, depending on how much they bullshit their findings, but no Boomer will be saved. Day of the Pillow is still on. This is true of ALL antivirals, not just Gilead's.

Regeneron is developing monoclonal antibody therapy, not antiviral. Should be more effective, but given Corona-chan's incubation period it might not be all that effective in the cohorts it will actually be used on (hospitalizations). Should also take ~6m before it's ready to test. Fingers crossed it either won't work in advanced cases or it won't be ready during next year's cold and flu season, which is when we should see peak boomercide

Threadly.

Remdesivir needs to be given very early in an infection for real efficacy. Gilead might moon, depending on how much they bullshit their findings, but no Boomer will be saved. Day of the Pillow is still on. This is the case for ALL antivirals, not limited to Gilead's drug.

Regeneron is developing monoclonal antibody therapy, not antiviral. Should be much more effective, but given Corona-chan's incubation period it might not be all that effective in the cohort it will actually be used on (hospitalizations). Should also take ~6m before it's ready to test. Fingers crossed it either won't work in advanced cases and/or it won't be ready during next year's cold and flu season, which is when we should see peak boomercide

>>17646458
Remdesivir needs to be given very early in an infection for real efficacy. Gilead might moon, depending on how much they bullshit their findings, but no Boomer will be saved. Day of the Pillow is still on. This is the case for ALL antivirals, not limited to Gilead's drug.

Regeneron is developing monoclonal antibody therapy, not antiviral. Should be much more effective, but given Corona-chan's incubation period it might not be all that effective in the cohorts it will actually be used on (hospitalizations). Should also take ~6m before it's ready to test. Fingers crossed it either won't work in advanced cases and/or it won't be ready during next year's cold and flu season, which is when we should see peak boomercide

Reminder that the study on remdesivir is on hospitalized patients, and will be negative (or successful for meaningless bullshit endpoints), remdesivir needs to be given very early in an infection for real efficacy. Gilead might moon, depending on how much they bullshit their findings, but no Boomer will be saved. Day of the Pillow is still on

Tamiflu 2.0

>>17642557
>day before Plague Monday
>asks about buying airline stock