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WTF did Trump do to the stock market?

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Custard

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Re: WTF did Trump do to the stock market?
« Reply #135 on: March 25, 2020, 08:04:22 PM »
Quote from: ThePAMan on March 25, 2020, 04:23:24 PM
Custard, this delves into what you were saying...

http://endoftheamericandream.com/archives/why-did-hundreds-of-ceos-resign-just-before-the-world-started-going-absolutely-crazy

Interesting. “The Big Club” (and we ain’t in it) as George Carlin refers to it, always knows.
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Custard

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Re: WTF did Trump do to the stock market?
« Reply #136 on: March 26, 2020, 02:10:32 PM »
I found this interesting.

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murphstahoe

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Re: WTF did Trump do to the stock market?
« Reply #137 on: March 26, 2020, 04:21:23 PM »
Quote from: Custard on March 26, 2020, 02:10:32 PM
I found this interesting.



Or car crashes.

Then again, if you do get in a car crash today, you might be more likely to die because you will struggle to get medical help, and it would be in a hospital full of COVID cases
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alum74

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Re: WTF did Trump do to the stock market?
« Reply #138 on: March 26, 2020, 05:18:10 PM »
Quote from: Custard on March 26, 2020, 02:10:32 PM
I found this interesting.



Three thoughts: 
1.   Those eco-terrorists at Greenpeace were right:  Kill the Humans, Save the Planet.

2.   There would have been no or much less reduction in air pollution (i.e., reduced need for extensive control measures) if the Chinese had proactively shut down the wet markets, responded more effectively to control the spread of the coronavirus and shared information with other countries in a timely manner so they could prepare better for the pandemic.   As we all know, these actions would have also resulted in fewer deaths from the virus in China and other countries. 

3.   A big manufacturing push is expected in China and other countries to try to make up for the economic losses due to the influenza pandemic.   This could increase emissions even more than before the big drop in air pollution.   Hopefully, any economic recovery packages for the manufacturing sector in these countries will include incentives for cleaner technologies. 

P.S. Here’s the last part of the paragraph from the above article:  “On the other hand, the overburdening of the health system due to COVID-19 will surely create suffering for people who need normal emergency support and if there is no economic foundation, countries won’t be able to finance their health care systems anymore.”
https://www.brookings.edu/blog/future-development/2020/03/23/a-mortality-perspective-on-covid-19-time-location-and-age/

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illiniray

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Re: WTF did Trump do to the stock market?
« Reply #139 on: March 26, 2020, 06:40:19 PM »
Quote from: Custard on March 24, 2020, 06:22:41 PM
Quote from: murphstahoe on March 24, 2020, 04:59:26 PM
Quote from: Custard on March 23, 2020, 08:50:49 PM
And the mortality rate is hovering around 1% and will continue to drop as more and more lightly symptomatic or asymptomatic people are tested. Germany (where a lot more tests have been administered) has a much lower mortality rate. One that will likely mirror ours once our testing continues to get ramped up. This shit has been here literally for months.

The more the media panics everyone the more every person that gets a sniffle or a cough is going to get a test for covid 19 or going to the ER and tying up precious medical resources. All for basically a slightly stronger version of the flu.

And I’m seriously gonna be pissed if this ends up being less severe than H1N1.

Coronavirus death toll has already surpassed H1N1, so that's a pretty "Trumpian" statement.



image uploader



The first H1N1 infections were detected in April, in the United States, The death toll did not reach 1000 for 6 months, until October.

The first covid-19 infection in the US was January 20.  We flew past 1000 deaths today, about 2 months later.  So yes, in the same time span, coronavirus death toll is surpassing that of H1n1 in the United States by quite a bit.
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illiniray

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Re: WTF did Trump do to the stock market?
« Reply #140 on: March 26, 2020, 06:44:04 PM »
The Schiller P/E ration was at 32 and rising roughly a month ago. We were heading for a correction, possibly a recession. The only magic wand Trump waved was conflating his quarterly with Obama's annualized GDP growth. Also, notice we are back to using U-3 unemployment? Wtf happened to the labor participation rate? Now, Trump can blame covid-19 for ruining his beautiful economy. If the social distancing he reluctantly accepted works out, Trump will say it was his plan all along. Republicans will use time tested keynesian stimuli to combat recession, and credit supply side cuts when / if that works.
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Custard

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Re: WTF did Trump do to the stock market?
« Reply #141 on: March 26, 2020, 08:25:48 PM »
Quote from: alum74 on March 26, 2020, 05:18:10 PM
Quote from: Custard on March 26, 2020, 02:10:32 PM
I found this interesting.



Three thoughts: 
1.   Those eco-terrorists at Greenpeace were right:  Kill the Humans, Save the Planet.

2.   There would have been no or much less reduction in air pollution (i.e., reduced need for extensive control measures) if the Chinese had proactively shut down the wet markets, responded more effectively to control the spread of the coronavirus and shared information with other countries in a timely manner so they could prepare better for the pandemic.   As we all know, these actions would have also resulted in fewer deaths from the virus in China and other countries. 

3.   A big manufacturing push is expected in China and other countries to try to make up for the economic losses due to the influenza pandemic.   This could increase emissions even more than before the big drop in air pollution.   Hopefully, any economic recovery packages for the manufacturing sector in these countries will include incentives for cleaner technologies. 

P.S. Here’s the last part of the paragraph from the above article:  “On the other hand, the overburdening of the health system due to COVID-19 will surely create suffering for people who need normal emergency support and if there is no economic foundation, countries won’t be able to finance their health care systems anymore.”
https://www.brookings.edu/blog/future-development/2020/03/23/a-mortality-perspective-on-covid-19-time-location-and-age/

I left the end of the article out because it’s been covered like a billion times just here on this forum.

And yes China will go back to polluting like a motherfucker when this is over.

And yes you and others are still missing the entire point.
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Custard

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Re: WTF did Trump do to the stock market?
« Reply #142 on: March 26, 2020, 08:26:27 PM »
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Custard

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Re: WTF did Trump do to the stock market?
« Reply #143 on: March 26, 2020, 09:06:13 PM »
Quote from: murphstahoe on March 26, 2020, 04:21:23 PM
Quote from: Custard on March 26, 2020, 02:10:32 PM
I found this interesting.



Or car crashes.

Then again, if you do get in a car crash today, you might be more likely to die because you will struggle to get medical help, and it would be in a hospital full of COVID cases

Nope plenty of medical help and capacity anywhere within a day’s drive. And likely won’t ever be an issue. I’ll happily eat crow if I’m wrong.
« Last Edit: March 26, 2020, 09:35:23 PM by Custard »
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ThePAMan

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Re: WTF did Trump do to the stock market?
« Reply #144 on: March 27, 2020, 07:51:59 AM »
Quote from: Custard on March 26, 2020, 09:06:13 PM
Quote from: murphstahoe on March 26, 2020, 04:21:23 PM
Quote from: Custard on March 26, 2020, 02:10:32 PM
I found this interesting.



Or car crashes.

Then again, if you do get in a car crash today, you might be more likely to die because you will struggle to get medical help, and it would be in a hospital full of COVID cases

Nope plenty of medical help and capacity anywhere within a day’s drive. And likely won’t ever be an issue. I’ll happily eat crow if I’m wrong.

I would think you would be eating dirt if you were wrong.
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murphstahoe

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Re: WTF did Trump do to the stock market?
« Reply #145 on: March 27, 2020, 11:37:23 AM »
Quote from: Custard on March 26, 2020, 08:25:48 PM

I left the end of the article out because it’s been covered like a billion times just here on this forum.

And yes China will go back to polluting like a motherfucker when this is over.

And yes you and others are still missing the entire point.

It's really baloney to point at China in terms of "polluting like a motherfucker" - their per capita emissions are trivial compared to ours. If you are going to go whole FOX on us, why don't you just say "the entire rest of the world creates more emissions than the US"
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murphstahoe

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Re: WTF did Trump do to the stock market?
« Reply #146 on: March 27, 2020, 11:40:25 AM »
Quote from: Custard on March 26, 2020, 09:06:13 PM
Quote from: murphstahoe on March 26, 2020, 04:21:23 PM
Quote from: Custard on March 26, 2020, 02:10:32 PM
I found this interesting.



Or car crashes.

Then again, if you do get in a car crash today, you might be more likely to die because you will struggle to get medical help, and it would be in a hospital full of COVID cases

Nope plenty of medical help and capacity anywhere within a day’s drive. And likely won’t ever be an issue. I’ll happily eat crow if I’m wrong.

It would be very comforting to know that a trauma center is "within a day's drive".

And if there is no space in a nearby hospital due to Covid, and I drive a day away to get help, all I'd be doing is moving COVID along
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ILLove1997

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Re: WTF did Trump do to the stock market?
« Reply #147 on: March 27, 2020, 01:02:26 PM »
Quote from: murphstahoe on March 27, 2020, 11:37:23 AM
Quote from: Custard on March 26, 2020, 08:25:48 PM

I left the end of the article out because it’s been covered like a billion times just here on this forum.

And yes China will go back to polluting like a motherfucker when this is over.

And yes you and others are still missing the entire point.

It's really baloney to point at China in terms of "polluting like a motherfucker" - their per capita emissions are trivial compared to ours. If you are going to go whole FOX on us, why don't you just say "the entire rest of the world creates more emissions than the US"

to understand China you need to think of 300 million americans, rich, poor, etc... then add a billion peasants

no shit their "per capita" emissions are trivial (dubious claim - you are probably only counting CO2 aka plant food) when a billion people there are still farming rice and living hand to mouth

for the 300 million middle class chinese they are disgusting polluters, look up toxic chemicals (you know things other than CO2 which is essential for life) and get back to me
« Last Edit: March 27, 2020, 01:06:06 PM by ILLove1997 »
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murphstahoe

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Re: WTF did Trump do to the stock market?
« Reply #148 on: March 27, 2020, 01:35:47 PM »
Quote from: ILLove1997 on March 27, 2020, 01:02:26 PM
Quote from: murphstahoe on March 27, 2020, 11:37:23 AM
Quote from: Custard on March 26, 2020, 08:25:48 PM

I left the end of the article out because it’s been covered like a billion times just here on this forum.

And yes China will go back to polluting like a motherfucker when this is over.

And yes you and others are still missing the entire point.

It's really baloney to point at China in terms of "polluting like a motherfucker" - their per capita emissions are trivial compared to ours. If you are going to go whole FOX on us, why don't you just say "the entire rest of the world creates more emissions than the US"

to understand China you need to think of 300 million americans, rich, poor, etc... then add a billion peasants

no shit their "per capita" emissions are trivial (dubious claim - you are probably only counting CO2 aka plant food) when a billion people there are still farming rice and living hand to mouth

for the 300 million middle class chinese they are disgusting polluters, look up toxic chemicals (you know things other than CO2 which is essential for life) and get back to me

Oh please. The VMT of the average American citizen is way beyond the middle class of China.

Then if you want to get into "Toxic chemicals", let us say for example there is pollution from a Semiconductor plant or an iPhone factory. How exactly can you put that on "The Chinese" if we have banned or regulated such things out of existence in the US because we don't want those "Toxic chemicals" - but Foxconn only exists because Apple hired them and sells the product to Americans
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alum74

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Re: WTF did Trump do to the stock market?
« Reply #149 on: March 27, 2020, 01:48:49 PM »
Quote from: ILLove1997 on March 27, 2020, 01:02:26 PM
Quote from: murphstahoe on March 27, 2020, 11:37:23 AM
Quote from: Custard on March 26, 2020, 08:25:48 PM

I left the end of the article out because it’s been covered like a billion times just here on this forum.

And yes China will go back to polluting like a motherfucker when this is over.

And yes you and others are still missing the entire point.

It's really baloney to point at China in terms of "polluting like a motherfucker" - their per capita emissions are trivial compared to ours. If you are going to go whole FOX on us, why don't you just say "the entire rest of the world creates more emissions than the US"

to understand China you need to think of 300 million americans, rich, poor, etc... then add a billion peasants

no shit their "per capita" emissions are trivial (dubious claim - you are probably only counting CO2 aka plant food) when a billion people there are still farming rice and living hand to mouth

for the 300 million middle class chinese they are disgusting polluters, look up toxic chemicals (you know things other than CO2 which is essential for life) and get back to me

Yep, CO2 is good for plants and essential to life.  But as the old saying goes: “Too much of a good thing can be a bad thing.”

Scientific American, Ask the Experts: Does Rising CO2 Benefit Plants?
https://www.scientificamerican.com/article/ask-the-experts-does-rising-co2-benefit-plants1/
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