note to #70...
Angry Orange has changed his mind and now is telling the world how to stop covid just like he has done.
This your cue to change your opinions as well.Must think whatever trump tells you to think.
Do you use flawed logic on purpose or do you not understand that your logic is flawed? People dying of complications of being "fat" is completely irrelevant for several reasons. This is a viral, contagious disease with no known cure or vaccine- food is not. You can't catch "fat" and die.
<snip> According to the Centers for Disease Control and Prevention, there were about 60.8 million cases of infection with the novel type of influenza virus in the U.S. between April 2009 and April 2010, with a total of approximately 274,304 hospitalizations and 12,469 deaths.
While that death toll may sound high, it’s over an entire year and, in fact, ended up being far lower than was initially expected. The strain of influenza also turned out to have a case fatality rate of just 0.02% — well below even many typical seasonal influenzas.
Everything that’s known about the new coronavirus so far suggests that it’s an entirely different beast than its most recent pandemic predecessor. Peter Jay Hotez, a professor and dean of the tropical medicine school at Baylor College of Medicine, told us that the new virus, which is known as SARS-CoV-2, is considerably more transmissible and more lethal than H1N1.
For those reasons, he said, “the urgency to contain this coronavirus is so much greater than the H1N1 2009 one was.” </snip>
Many US states are now on lockdown. A few days ago NY state had a few hundred known cases. It is now over 5000.
Whether or not people consider the virus "this or that dangerous" one thing is for sure, the economy is taking one hell of a beating.
That tells me that the economy is weak.
Economies tend not to function all that well when people aren't allowed to make transactions, considering that consumption is the greatest determinant of GDP.
Regarding whether or not it's weak: to what are you comparing it?
It doesn't concern you, as a student of economics, that the economy seems to be on life support so quickly? Where's the stability? The reserve? What's the "Oh sh*t!" plan?
@Doodbro Your claim that the economy is weak because it takes a hit from a pandemic has no merit. Look at South Korea, their response to the crisis was immediate and effective, yet the economy still suffered losses of trillions of dollars. www.statista.com/statistics/1095848/south-korea-confirmed-and-suspected-coronavirus-cases/
The "oh sh*t plan" is in progress here the same as anywhere else. This is not the kind of thing that goes away overnight. I would ask you what country you live in, and how you would compare the other affected countries to the US, but you would probably say that it is not my concern? Which likley translates into lacking the knowledge to sustain a solid based argument.
Can't say that i have any substantial economical or healthwise related statements to make... but stay safe :/
The economy will bounce back higher than ever. Market will go to insane heights when this nonsense is over. This is what markets do, they go up and down, but always up in a long run. No worries.
Governments doing some pathetic Nazi sheit right now with those closures and orders to stay at home and all that Nazi crap, but this will pass.
Stop trolling Kusokosla