Oh I am laffin’ at this. I almost dropped my pipe of the balcony.
We Are So Screwed
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There is always an immune response. Even with people whose immune system is so suppressed as to be useless, the body always tries to fight back. The effectiveness of the body's defence depends on many factors, many of which are particular to a given individual (individual's idiosyncrasy is the medical term)—age, diet, genetics, environmental factors, emotional state (this is why I keep insisting you shouldn't panick: fear is a major immunosuppressor!!), &c., &c.
If someone's life force is already taxed from other maladies, then the body's response is like that of an overcrowded ER with no more beds nor meds: nosedive for the worse.
Troo trufe that, Jesse. Too many wise-apples out there who think their gut gives them a solid bead, leading to false sense of security. Bad decisions were sending us down a tenuous path to start. Actual economic conditions due to CV can only make it worse.
Upon further reflection, for the sake of accuracy, I must make a revision to my #3:
3. We are being told that without taking certain (economically devastating) measures (that will likely ruin, and possibly even kill, millions of Americans), this virus might kill hundreds of thousands of Americans.
As another ripple effect of all the new telecommuters- webcams are now sold out everywhere. Those still for sale are being price gouged (of course).
and our resource problem isn't too many people it's too many inefficencies we for example grow more food then we need, however it isn't getting where it needs to be. Same thing with housing in most places, we have decent houses people aren't able to live in. Half the world goes bye bye and the problem doesn't improve it gets even worse.
The Fed is going to have to print trillions of dollars so the markets don't tank. They also need to print trillions to help the middle class so there are not millions of foreclosures.
“If the opposite of Pro is Con, then the opposite of Progress must be....Congress?” ?
I think our Brit colleagues had the right idea all along:
I think our Brit colleagues had the right idea all along:
No savings or self sufficiency- the vast majority? I hope to high heaven that's not true, but I fear it is. Your or anyone have stats handy?
There are not huge lines everywhere, nor are stores massively depleted. That's where I live. Any you?
One more reason it's "a good thing" to have your approximate locale in the profile.
Good reason, of course, since their main function is preventing transmission, not protecting the weather.
interest rate manipulation and printing will do absolutely nothing this go round.
A $1,000 emergency would push many Americans into debt
Most people would be in a bind if they missed even one paycheck. Just 40 percent of Americans could pay an unexpected $1,000 expense, such as an emergency room visit or car repair, with their savings, according to a survey from Bankrate.
www.cnbc.com
There is a link within the article to a survey done by bankrate.
From my experience over the years of doing business in a high poverty county, I belive most families dont have enough wealth to cover a toothache.
I can certainly relate.
At this point there is no doubt the cure is worse than the disease.
For now I'm still optimistic enough that this will all be forgotten in a year or two, things seem crazy because we're dealing with some new factors of social media enhancing the chaos (fear mongering), but people should learn from this event and next time we'll be both more prepared and less willing to destroy everything in the reaction.
If you don't count something like 401K's, but simply readily available savings or checking accounts, there is very little below the top 19% based on everything I know about it.
Of the bottom 81% of Americans:
52% is considered "middle class" with a median income of $78,442 in 2016.
The bottom 29% had a median income of $25,624 in 2016.
Household debt is massive...and as for "self sufficiency" everything is ok as long as the paychecks keep coming in and the grocery stores are stocked. Take away either or both of those things for a large enough percentage of people and you've got a really serious problem.
52% of Americans are considered 'middle class'—here's how much money they earn
According to a 2018 report from the Pew Research Center, about half of American adults live in "middle class" households. Here's the income you'd have to earn each year to be considered middle class.
www.cnbc.com
There is a Walmart 1.5 miles from my home in the AZ town I live in...about 20 miles outside the Phoenix metro area...and a friend was there early this morning. She showed me the pics she took on her cell phone of a very long line outside...and they were only allowing relatively small groups of people to go in at a time. I do not shop there but she said when she was there a few days ago the entire store was anywhere from 1/3 to 1/2 of its typical inventory.
That particular Walmart has always been open 24 hours, but now open 12 hours per day...many of the "big box" stores have cut their hours because they simply do not have the inventory.
She then went to the Frys grocery store here and there was no line there but the store was about 1/3 empty compared to normal which I can verify personally because I just got back from there myself less than an hour ago. No paper goods at all which has been the case for about 3 weeks now, no eggs, almost no meat, canned goods about 1/2 the normal volume, no hand soap, and even the dog food was less than half of normal stock.
When she was there she asked about the situation and was told they have not been getting their regular deliveries and their warehouse is severely depleted.
I have also seen numerous reports online of all of the above including the long lines from various locations.
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