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11 comment(s). Last comment by firehawk 2020-04-07 22:29

chinaman

3,256 posts

Posted by chinaman > 2020-04-05 10:49 | Report Abuse

great article, last statement is spot on, carry highest weight-quote:-
Unfortunately, Ramadan is just around the corner. Will Malaysia allow the 1 million legal and 1 million illegal Indonesians and other foreign workers to go back for Ramadan. Do we have the resources to check, test/quarantine them when they come back. What about illegal channels of entry? Will we have another wave after Ramadan?

probability

14,466 posts

Posted by probability > 2020-04-05 15:47 | Report Abuse

say, the fight against covid-19 is a complete failure globally....where people are eventually forced to work ..so that they can have food at their table..inevitably accepting that there will be thousands dying...

what should the market pricing be then?

say 3% of the entire world population dies in a year...the 5% growth of real GDP globally will become 2% then...

and this is just for 1 year

should that make the DJIA drop to 18000?

no doubt the world is currently facing extraordinary circumstances...and as always there will be extraordinary solutions when things escalate

If i think i will survive the next 1 year...the market will too

If im not gonna make it...it does not matter what happens to the market anyway.

RainT

8,448 posts

Posted by RainT > 2020-04-05 15:51 | Report Abuse

read

probability

14,466 posts

Posted by probability > 2020-04-05 15:53 | Report Abuse

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.

https://www.latimes.com/science/story/2020-03-22/coronavirus-outbreak-nobel-laureate

GreenTrade

638 posts

Posted by GreenTrade > 2020-04-06 10:25 | Report Abuse

Therefore,
Bitcoin :)

probability

14,466 posts

Posted by probability > 2020-04-06 13:04 | Report Abuse

Even if current quarantine measures to contain/'break the chain' of covid 19 spread fails....and countries are forced to allow to work again...and cases rise again...

the second lock-down after a period of relaxation of the rules will be much more effective to eliminate the virus...since everyone will be much more knowledgeable and disciplined...

the public habits can only improve....this will enable elimination of the virus eventually..

Bobii

358 posts

Posted by Bobii > 2020-04-07 08:03 | Report Abuse

I like to see everyone optimistic and get trapped high

Bobii

358 posts

Posted by Bobii > 2020-04-07 08:03 | Report Abuse

simply just enjoy the drama

Bobii

358 posts

Posted by Bobii > 2020-04-07 08:04 | Report Abuse

so entertaining

maxweng

30 posts

Posted by maxweng > 2020-04-07 22:16 | Report Abuse

Very well articulated.

firehawk

4,782 posts

Posted by firehawk > 2020-04-07 22:29 | Report Abuse

93K deaths? now is 11K, another 82K to go ....

1.86m cases? now 350K, 1.6m to go ....

duck will pour another 2 trillion to rescue market ... amid asking compensation from China!

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