/biz/ - Business & Finance

Because it's to protect themselves (boomers)

>>17729907
Overweight people are at risk here as well and there are a LOT of them in the West. Economy is pretty much going to be halted to delay the spread until a vaccine comes.

>>17729965
This.
Boomers own everything.
The silent generation handed off the keys to the boomers nice and early. Whereas the boomers dug their claws in and never let go.
Corona is their reaper and they will kick and scream all the way to hell where they belong.

>>17729965
ironically the economic disruption this has caused will probably end up killing more than the virus.

Because the boomers have all the capital you brainlet

>>17730002
Good. Survival of the fittest. They are also a disproportionate strain on the medical system due to poor lifestyle choices.

>>17730020
this isn't japan
the amount of subhuman fucks we have among us is ridiculous
I only have like 40 bullets too because I'm not prepared

>>17730054
tru, it is good in the long term
not good for the next 2 years though

>>17729907
The problem isn't the deaths, it's the absence of the sick-but-recovering workforce. One of the many pitfalls to economic inequality is the workforce that means of production owners depend upon for their wealth lacks the safety net of liquid capital neccessary to provide purchasing power in the event of a large scale work stoppage.
This is the future free-market cücks chose

>>17729907
Because there are a lot of people this will send to the hospital. This overwhelms hospitals and makes it impossible to be treated for anything both coronavirus and anything other than coronavirus. To prevent this we need to slow infection rates and that means people staying at home, cancelling school, work, etc. Also global supply chains are fucked by restriction in movement between countries. This all fucks up the economy in many ways.

>>17729907
Because they still buy a lot of shit. If people don't buy shit, there is no economy

>>17730112
True, they should just ban hospitals from admitting patients due to coronavirus then.

>>17730033
I mean they will just pass on their capital to their children when they die anyway. Better soon than later.

>>17729907
The NBA just canceled the rest of its season (for you non /sp/ fags, there was still about 25% of games to be played, not including playoffs).

Once the Shockwave of the cancelation of the NBA season is felt, you're gonna see a shit storm unlike any you've ever seen. The NBA is only the world's 4th largest sports league, with a yearly revenue of about 4.8 billion. Imagine if the upcoming MLB or NFL seasons are canceled too. This would impact the entire world, not just America.

Regardless of how potent the virus actually is, you can't deny that shit is going down, and it rolls downhill as we speak.

>>17730331
I'm not arguing that, I just think it's a crazy reaction to a virus that is harmless to all but the elderly.

>>17730013
Quietly hoping my boomers die to get life insurance/inheritance pay outs

>>17729907
Even 4chan doesn't understand. The economy is not going to recession because of the virus. The virus exist and is (was) spread, due to the economical recession that is coming. Causality reversal. As usual.

>>17729907
Boomers just die on the first infection so there numbers are higher
Once zoomers start getting reinfected their death stats will go up as well

>>17730331
But this has literally nothing to do with chainlink.

>>17730648
They found in Germany that kids were passing around the virus but not getting sick.

>>17730268
>implying they won't spend every penny on life extension

>>17730708
They had a good run, time to give the next generation a chance.

>>17730331
>implying anyone outside of the US gives a shit about burger sports

>>17729907
This is the fast crash in history and it will be one of the fastest recoveries too.

What a time to be alive. 2020 srly is the year

>>17730064
Selling boolits for linkies, got more 5.56 than there are people in my city

Boomers have all the wealth. Millenials and X are basically producing goods for boomers to consume.

Once the boomer stops consuming it will annihilate a lot of Y and X jobs service and manifacturing

>>17729907
I have no idea. this outbreak is no bigger deal then sars or bird flu was

>>17729907

Because the economy was already a precarious house of cards. The virus just pushed it over and now everyone see's the emperor has no clothes.

>>17730064
>40 bullets
That won't even fit that in the coupled mags in my home defense AR. Get your shit together man.

>>17729907
look at the amount of people that have recovered from it, apparently from without a vaccine or cure yet. the panic this has caused is just ridiculous

>>17729907
>basically harmless to anyone under 50
False. It causes life-long organ damage. You don't want to get sick, it'll be expensive, lower the quality of your life forever, shorten your life, and it'll be expensive to take care of yourself all the while.

>>17730991
Source?

>>17729907
>virus can spread from asymptomatic person
how? unless you have sex or share saliva with one it won't spread to you. aslong as those that experience symptoms stay at home, the contagion won't be that bad. don't want to downplay the virus but let's see it for what it is please

>>17730560
This desu, although I also have a lot of personal baggage to go along with that.

>>17731034
Waiting...

Because goverments overreacting will kill business and trade.

Port of Long Beach is dead for exports and imports... And the us economy is 100% based on consumption. Right now we can say it is constipated. China just sunk the usa.

>>17730991
Any proof?

>>17730331
>mlb
How is basedball so big when it's so fucking boring to watch

>>17729907
>believing china statistics

>>17729907
Short term it slows everything down. On the large scale short term they're relying on 4% growth per year. 2% negative growth is a huge disaster to them that can cause bankruptcies.

>>17729907
It's the cure and not the disease that are causing the recession.
Factories, stores, etc. are being shut down to contain the virus, that is what is causing the recession.

>>17729907
Because China basically shut down cause of it. Nobody was making products. Apple only made 55% of what they usually make in terms of products. It was only a matter of time after that.

>>17729907
While few are going to die from it, 70% of people are still going to get a nasty flu in the next few weeks which will be nasty to the economy.

You don't realise how tight the economic system is.
If you shut down factories, cancel events, make people stay at home even a few weeks then all revenues go down.

If you have a few % of benefits yearly and you lose 10% of sales you're suddenly in a loss.
That's what the economy is dealing with.

>>17729965
If every single person above 50 dies i think the world would become a better place.
So there is something to hope for.

>>17729965

This.

Boomers are continuing to rob future generations, even in a pandemic, to keep their power. Interest rates should be going up while assisting industries being effected, that way it doesn't stay in the economy n doesn't cause hyper inflation. Yet here we are.

>>17729907
It's not because of the virus, it's because the king of saudi arabia croaked. Honestly, I am not really sure if the recession is here yet. It might be, but I feel like it can get way worse since companies haven't gone into bunker-mode yet.

>>17730054
well doesn't matter if you find it good or not, if people die and suffer it affects the economy

>>17733227
This, it's a domino effect. Most workers live paychecks to paychecks but companies live commands to commands too.
It will do sone cleaning though, all those diversity officers will have to find a new occupation soon.

>>17729907
The infection sends more people to the hospital than can be taken care of. The only method to prevent transmission is good hygiene and quarantine, meaning people are going to be out of work. 16% of the US population is over 65. That is over 50 million. If half of that gets infected, that would mean millions of death in the US alone and even more recieving permanent damage to their lungs. Most of the top level business and political leaders are also 65 and older making them far more terrified of this than the average person.

>>17730560
this so much....

>>17731078
Studies have shown it is asumptomatic for 5 days and can be spread in that time. That’s why it’s in almost every country on earth lol.

>>17729907
I just hope your family and grandparents die. But most likley you are already a humanoid without any relatives you care about. Fuck off

>>17729907
the economy has been trying to go into recession for over two decades, continuously being staved off by central bank intervention and debt monetization, it literally doesn't have shit to do with any fucking media scare about a virus

>>17730268
boomers don't care about their children

>>17731078
This and the flu are specialized air spreaders. The primary way it spreads is not through saliva or doorknobs like the media seems to think. The most effective counter is good ventilation.
The most dangerous places are wherever groups of people are sharing the same air. Children and people with strong immune systems can at any time be carrying the virus with no symptoms.

>>17730331
How would this impact anything at all?
It's just entertainment.

It’s a meta virus, some of its symptoms are hysteria and economic downturn

Ive seen the general health of young people decline my whole life. Mentally and physically

>>17730268
My boomer dad already told me, that he will spend all his money before he dies.
He is in debt anyways ...

Most of the boomers will handle it as he does it.

>>17729907
if you're fat and smoke, you're at risk.
if you're a chink, you're at risk.

>>17729907
are you fucking stupid? people age 50+ are the only people invested you fucking monkey

>>17729907
Know a young guy who got it.
he needs a breathing machine.

don't fall for the meme.

>>17734404
To be honest I don't think this exactly true. It's just that adults (as well as children) live in societies that continually gaslight them.

It's was already critical in societies like China and Russia. In America this was growing especially in religious and Republican circles but has metastasized as the decades went by.

People are motivated to believe what confirms their closely held beliefs suspicions or prejudices.

The turn against reason and science was symptomatic. The contagion spread from the central beliefs of demagogues in patent falsehoods, ie. God, the afterlife. What is happening today stems from similar, ie., That eating a bat helps your vision, ie, traditional Chinese medicine.

Clear eyed people, rational people, have been driven out of society, minimized, denigrated, and the majority of society, were easily fooled. We've poisoned the planet, literally. Stop being cowed by these fucks.

The agents of chaos and untruth are here, on these boards. They are in the mindspace because mental resolve is weak among the mass of stupified consumers who are following patterns of behavior they don't even realize have been programmed into this mnds.

>>17730991
[citation needed]

>>17735364
>Republican religious people are growing
"no"

>>17729907
because you dont realise the facts in this video
https://www.youtube.com/watch?v=3etuaYTDwFI

>>17735461
Yeah they're pretty dead-ass. Even in the Trump-era.

>>17730645
wtf does that even mean, you sound like a pajeet

>>17729907
The US only has 30 ICU beds per 100,000, and that's the best in the world. What is 0.2% of 100,000? 20. So 60 total in the age groups between 10-40. Everyone above 40 that will need critical care at the height of this is just fucked.

>>17729907
Old people run everything. This is why you have to get up at shit o clock in the morning to get to a job with no opportunity for advancement so you can pay 50% of your paycheck to renting an apartment you share.

>>17730013
BOOMERS GET FUCKED! Corona-Chan is here and will do a mass gib for millennials and zoomies

>>17734427
this is the stupidest thing I've read in a while. Gave me a good chuckle though. Good one, anon.

>>17736048
>unless you have sex or share saliva with one it won't spread to you
Why do you believe this? Is the cruise ship some kind of sex orgy cult?

>>17730331
what pisses me off is we paid for the stadiums so they have a responsibility to play games in them. I fucking hate sports

>>17735415
>>17731949
>>17731034
not that it matters to you guys, but here you go:
https://www.newsweek.com/chinese-scientists-coronavirus-male-fertility-1488235

>>17729907
Reminder this is all the fucking media's fault for blowing this way outta the water.

https://m.youtube.com/watch?v=7wm-pZp_mi0

>>17732289
postseason is great and 162 games in a season

>>17736183
babby, everyone knows that the virus is spread through spit droplets in the air. It also spreads through contact with infected surfaces. The combination of the two makes this pretty much impossible to avoid when going into any public space.

>>17729907
do you think there's a doctor for every person who gets ill? wait until its in the millions and then triage sets in and your granny draws the shit straw and is left to die in the hallway

>>17734235
>>17736183
it spreads like the flu moron. if you're asymptomatic, you won't be spewing liquids every min so contracting it from an asymptomatic person is low but of course not impossible as you can still fling your liquids in various different ways like sneezing due to allergies. it's definitely not like an aura that if you get near or breathe the same air as someone who was infected you'll get it. Not downplaying the disease but the fear mongering is just too much. Just saying it's not as bad as the doomsday people seem to think it is and the media is really not helping.

>>17729907
>This is basically SARS on steroids
>80% of people who got SARS and recovered were unable to ever return to work

>>17736396
>spit droplets in the air
Not how it works. It's not spit just breath. You breathe out and the moisture is enough to keep the virus alive for awhile. In stagnant close conditions without ventilation the moist exhaled air builds up and the virus survives longer. Places like cruise ships are completely saturated in alive viruses.

>>17736533
>Just saying it's not as bad as the doomsday people seem to think
It's as bad as it is. Everyone will get it at this rate, some will die and many will be affected for life.

>>17731034
The source is schizo threads

>>17736287
Your source explains that there isn’t actually any data, it is just conjecture that there might be a link. Stop spewing misinformation lmao

>>17735364
Don't forget that libs are just as stupid if not more so with thier open border non-gender binary socialist utopian bullshit. The entire country is filled with retarded sociopaths on both sides of the political spectrum and sanity is a treasured commodity. The left doesn't want to pioneer cheap and clean thorium energy, instead they want us to eat bugs and live in pods. Almost everyone is stupid as fuck and we're all going to die I for one will try to gather some boys together once the nation collapses and persolly rape and burn the ruins of the west coast in revenge.

>>17730389
Its not people are clearly fucking lying to keep this contained you god damn imbecile.

>>17729907
Coronavirus is the savior of the welfare state, killing off useless old boomers.

Yet, before finally fucking off, the boomers are trying to ruin the economy for their children. They demand people to stay home and do nothing such that they can survive a year or two more, at the expense of the economy diving into deep red sea worse than ever, resulting in job losses for the young and working population. But the Boomer doesnt care. He gets his pension, and he wants to live on. Even on his death bed, he is shitting on the younger generation.

>>17729907
Illnesses do things other than kill people, dumbass

>>17729907
The majority of the people in the market are boomers and they're cashing out

fuck fuck fuck I just woke up to this shit. Is it still worth to sell my link at $2.50 and rebuy later or is it too late?

>>17730389
A) Even if you are young and get sick, you still miss work.
B) It's not just retired people who should worry. Working people in their 50/60's will still get sick and die.

>>17729907
People in the risk group governing everything, shutting down everything out of panic.

>>17729907
Da joooooz!

>>17736756
I'll spew wherever I want thanks

>>17738094
Yes people who deal with nuclear war, espionage, assassination are panicking unduly

>>17735586
Basically, it means that the crisis would have happened anyway, and the virus is there to cover it.
Every crisis, there's a different excuse. 1999: internet bubble. 2008: subprime. 2020: corona-crisis.
The thing is,, every 10-12 years, a crisis happen. This is the cycles of the Capital. productivity increase, and if left people jobless. A crash happen, and then it start again. The circus repeat until the final crisis.

>>17738604
When is the final crisis coming?

>>17739078
isn't that a game with dinosaurs?

>>17739078

at the end of finite resources if we haven't moved on. but there wont be a final crisis. capitalism doesn't break; it bends.

>>17730103
Selfish fucks will never admit it, but you're right.

>>17735364
>patent falsehoods, ie. God
Lmao okay. I bet you can't refute the Five Ways though. Probably don'e even know what I'm referring to, pseudointellectual retard.

>>17731078
>unless you have sex or share saliva with one it won't spread to you.
categorically wrong, so why say it? retarded?

>>17739225
Move on were, to Mars? The final crisis is when Capitalism cannot renew itself due to lack of profit. My guess, in a few decades. Around 2050-2060.

>>17731595
Really? This could be it.

>>17729907
Mainly because Saudi dumped oil on the open market and fucked over everything
($6-$8 discount per barrel) in their oil price war with OPEC & Russia.

ACCUMULATE REFR

I own a small car dealership and I've only seen more people buying than in previous months. The oldfags tell me that in other recessions the first thing to take a hit is car sales... I think the stock market is freaking out because they're retarded but the economy is still in great shape. More evidence that we should stop measuring prosperity based on fucking Wall Street.

>>17740128
reefer? sounds like a good idea bro

> mortality rate >14%
THANK YOU CORONA CHAN STOP FREAKING OUT PEOPLE ITS LITERALLY GODS GIFT TO THE ZOOMERS AND MILLENIALS!

YES! PRAISE CORONA CHAN THERE IS A GOD AND HE LOVES US!