More Banjo: Coronavirus And Sports

[sharpe1027]

So you're saying the 'correction' was in response to the virus.

Yes.

[sharpe1027]

Did anyone notice that the virus has essentially run it's course in China? They had 8 new cases yesterday and 15 the day before. Maybe the NBA can finish their season over there, if they allow infected Americans to come into their clean country.

With the extreme steps they took to get to this point, I doubt they'll have large gatherings anytime soon.

[mraynrand]

If there were no adequate mitigation for Corona, we'd just live with it.

That's sort of what we do with flu and did with H1N1. The flu vaccine is like wearing seat belts. H1N1 we drove even though the brakes were spotty. We've decided (right or wrong) in this case that the car is so defective that the only remedy is not to drive.

[sharpe1027]

That's sort of what we do with flu and did with H1N1. The flu vaccine is like wearing seat belts. H1N1 we drove even though the brakes were spotty. We've decided (right or wrong) in this case that the car is so defective that the only remedy is not to drive.

Yep. Open question is how bad the car really is.

[Anti-Polar Bear]

The only stock I own is the one share I have of the Packers. I'd be pathologically lying if I say I wouldn't be as jolly as Johnny Jolly high on the purple drank should the stock market crumble into the abyss of oblivion.

[pbmax]

Thanks to Tank.

Back to sports please.

[mraynrand]

Back to sports please.

and the virus

[run pMc]

The only stock I own is the one share I have of the Packers. I'd be pathologically lying if I say I wouldn't be as jolly as Johnny Jolly high on the purple drank should the stock market crumble into the abyss of oblivion.

Wouldn't happen. 2008 taught us the IMF, Fed, et al. would step in to help prop up governments and economies, and that would of course be largely in the form of corporate bailouts and handouts. They want to make sure you have a shitty job to go to.
I suppose this is a best left to FYI.

[mraynrand]

Wouldn't happen. 2008 taught us the IMF, Fed, et al. would step in to help prop up governments and economies, and that would of course be largely in the form of corporate bailouts and handouts. They want to make sure you have a shitty job to go to.
I suppose this is a best left to FYI.

I would think there would be a little more leeway, the way the virus is affecting sports by affecting everything. In FYI: the feds have already doled out an astonishing 1.5 trillion (color hidden to protect sensitive eyes)

[texaspackerbacker]

That's the point - there are no sports.

I said a long time ago, if the damn terrorists were smart, they'd do a three-pronged attack: 1 they'd hit a sports event - scaring/panicking/depressing men all over the country, 2 they'd hit malls - scaring/panicking/depressing women, etc. from going shopping, 3 they'd hit a school - scaring/panicking/depressing anybody with kids, grandkids, etc. Well, all three of those have occurred. There is no indication it was terrorism. In actuality, it wasn't even the damn virus. It was just the stupid panic-stricken overreaction to the virus.

[run pMc]

That isn't the point. The growth pattern that follows will be decided by actions taken early. The less you do now, the more cases you get later.

This this all day this.

If you limit the spread of the virus, you have less cases and less deaths. You limit the spread by taking measure quickly. I realize coronavirus <> flu, but I again point to the Spanish flu epidemic and how Philadelphia handled it vs. St. Louis. Philly had a WWI parade, St. Louis cancelled events. Philly had major outbreak, St. Louis had a flat curve in terms of reported cases.

Some people will get basically what feels like a common cold, others could end up needing a hospital bed. There are only so many hospital beds in the US. I know of people in health care who tell me hospitals are closing off a section of their building specifically for this, meaning less revenue from lucrative elective surgeries. Supply chains are impacted. Many businesses are telling people to work from home. Conferences and travel is impacted. Obviously sporting events and the revenue there. The economy is clearly impacted by this... so of course the stock market will.

SOME people are definitely panicking. I went to the grocery store last night and half the store was empty - no canned goods, no bread, no TP (because of course lol) and the checkout lines were crazy. It was like I had stepped into a store in an impoverished foreign country lol.

If this were simply a common cold, I don't know why the world would be responding the way it is. Neither SARS nor MERS didn't impact us like this.

What I do wonder is if this is going to travel around the world in waves and come back around slightly mutated in the Fall/Winter. Merry Christmas!

[sharpe1027]

That's the point - there are no sports.

I said a long time ago, if the damn terrorists were smart, they'd do a three-pronged attack: 1 they'd hit a sports event - scaring/panicking/depressing men all over the country, 2 they'd hit malls - scaring/panicking/depressing women, etc. from going shopping, 3 they'd hit a school - scaring/panicking/depressing anybody with kids, grandkids, etc. Well, all three of those have occurred. There is no indication it was terrorism. In actuality, it wasn't even the damn virus. It was just the stupid panic-stricken overreaction to the virus.

Evidence says otherwise. Repeating something doesn't make it more true, but it can sway public opinion. This type of statement puts my friends and family at increased risk. How confident are you?

[sharpe1027]

One more point, looking only at mortality rate is like ignoring all amputees when assessing the damage from a war. There are a number of people surviving with long term lung damage.

[mraynrand]

One more point, looking only at mortality rate is like ignoring all amputees when assessing the damage from a war. There are a number of people surviving with long term lung damage.

sure, but it's one of the simple stats to compare across pandemics: infected, hospitalized, dead.

[mraynrand]

Repeating something doesn't make it more true, but it can sway public opinion.

indeed

There's a lot of that going around.*









* I just made a virus joke