Thank you, and others, for words of support. If everyone would just subscribe what they comfortably can afford on a weekly or monthly basis, that helps the most because then we know what kind of budget we have to stick to.
Coronavirus Pandemic: Apocalypse Now! Or exaggerated scare story?
- Thread starter wanderingthomas
- Start date
Thank you, and others, for words of support. If everyone would just subscribe what they comfortably can afford on a weekly or monthly basis, that helps the most because then we know what kind of budget we have to stick to.
The comment came in a discussion of finances so I'm wondering if it has a financial connotation, like the flattening of stock markets or something? Drop of value of money? Something like that?
But then, it could also mean something cosmically catastrophic, like an asteroid dropping somewhere.
Very well said Oxajil, thank you kindly for that. I'll follow your example gladly, first because even if the majority of folks gave in to this madness and let themselves to be duped are good people, they have their lessons to learn and i want to respect that, step aside, not interfere with their progress and just sit and enjoy the ride. As Pashalis said it's easier said than done, though I think with some practice, with the help of our community it is possible to achieve this.
artofdream
Jedi
What if all of them apply?
1 Intentional release of the virus (due to multiple agenda) in order to enforce control --> get people used to obey
2 additionally people get their FRV lowered by accepting false knowledge, and they therefore "less free will" --> more pendulum toward their willed orientation (STS)
3. controlled demolition of the economy
4 mandatory vaccination get introduced which could then interfere with the next point
5 a virus could be a factor to introduce the needed changes on DNA with the approach of the incoming wave.
5-a if it is this virus then it could be unintentional consequences
5-b if it is another virus, then points 1, 2, 3 and 4 are there in order to try to keep control and direct the direction of the events when the wave arrive in earnest... They are desperately introducing all the needed changes / behaviours to further keep control both in 3d and potentially in 4d.
If these hypothesis are valid then they seem pretty desperate, and upped the ante. Though, seems pretty much wishful thinking.
my 2 cents.
One excerpt was from Session 22 July 2010 and included:
In Shutdown of thermohaline circulation - Wikipedia they say that
Organisations as The Extinction Rebellion, Climate Emergency, Fridays for Future have protested with the overall focus being CO2, but oil is central. The latest local initiative is all about dropping the oil, people are to strike digitally by making a video, in which they ask the minister to drop the oil and send the video to the XR organisers. One group did a lock-down sized mini demonstration last week in the parliament with a handful of semi-naked or semi-dressed young people. Having looked at some of the XR websites, the impression was that they had intended to continue with protests this Spring and do more. On the FB of Extinction Rebellion, under Groups one can get an idea of the reach, and under friends groups one can find others too. There are political, identity and faith based support groups, which means there are people for whom the idea of protesting is lively. Just like the wish for an emergency called by the climate activists has found a parallel in the present circumstances surrounding the coronavirus, will a similar parallel be found with their plans for protests?
Ariadna
Jedi Master
Hello, I have seen this video, and I am wondering if it would be a good remedy to combat the coronavirus, he is an Argentine doctor (Mario Pesaresi) who talks about taking hot water vapors. I remember when I was a little girl and we got colds and we were congested, as a remedy they made us water vapors with eucalyptus leaves.
In this video, the doctor says that this remedy helps to kill the coronavirus by entering the water vapor at a high temperature (above 56ºC), in the airways. This temperature could inactivate the virus.
What do you think?
In this video, the doctor says that this remedy helps to kill the coronavirus by entering the water vapor at a high temperature (above 56ºC), in the airways. This temperature could inactivate the virus.
What do you think?
Abats, How do I contact Chu. I'm not computer savvy and don't know how to navigate all of the Forum. Any guidance please.
Well, I just came across an unsorced copy and paste in my timeline that was apparently leaked by someone on an investor call with Goldman Sachs. I went looking for a source and found both the Goldman Sachs rebuttal of the leaked information and the leaked information in the one article.
The stand outs:
- they admit that the coronavirus is a nothing burger.
- they were looking for a reason to reset the market.
- it's a great time for investors.
- they expect the slump to be short lived with a full recovery, though there could be more uncertainty than what they are predicting. The prediction is that the markets will recover in the second half of the year.
"Should Goldman Sachs predictions be correct, the COVID-19 pandemic may have provided investors with the best buying opportunity in recent memory."
"There will be economic damage from the virus itself, but the real damage is driven mostly by market psychology."
Investment banking giant Goldman Sachs made some bittersweet predictions last week in a private conference call regarding the COVID-19 pandemic.
Portfolio clients of the firm’s private equity arm dialled in to listen to Chief Economist Jan Hatzius and Chief Medical Officer Michael Rendel from Goldman Sachs.
However, though the call was designed to reassure the nervous banking clients, notes from the call have been leaked and suggest some staggering figures about the spread of the COVID-19.
It's important to understand that these notes are not verified by Goldman Sachs but were rather taken by someone listening in on the call — meaning the information in them is the work of interpretation.
Nevertheless, here's what the second-largest investment banker on the globe predicted about COVID-19 last week:
Infection perspective
Goldman Sachs believes the spread of the coronavirus has far from reached its peak.
The virus is as communicable as the common cold, or Rhinovirus, from which the majority of Americans get infected every year. As such, half of the entire U.S. population — or 150 million people — is expected to contract COVID-19.
Germany is expected to suffer even more of a blow, with 70 per cent of its population (58 million people) expected to contract the virus.
Further, global infections will skyrocket in the next two months. The infection rate will reach its peak over the next eight weeks, then decline thereafter.
Now, the mortality rate is expected to sit around two per cent and comprise of mostly the elderly and immunocompromised. While this may not seem like an alarming figure, with 150 million expected infections, this means three million Americans are expected to die from health issues brought on by COVID-19.
Even so, 80 per cent of infections will be early-stage, meaning those infected simply need to stay at home and rest for two weeks and they will recover.
Economic perspective
With such a severe infection rate and deaths in the millions, one would expect the economy is going to suffer some serious long-term blows.
Quite the contrary, according to Goldman Sachs.
While there undoubtedly will be — and already has been — some serious damage done to the economy, the investment banker expects the slump to be short-lived.
China's economy has taken the biggest hit and subsequently affected raw materials and the global supply chain, but could recover in just six months' time.
The global GDP growth rate will hit its lowest point in 30 years at around two per cent and the S&P 500 will see a negative growth rate of around 15-to-20 per cent for 2020 overall. However, this too will pass.
"There will be economic damage from the virus itself, but the real damage is driven mostly by market psychology. Viruses have been with us forever. Stock markets should fully recover in the second half of the year," the notes from the meeting said.
"Technically, the market generally has been looking for a reason to reset after the longest bull market in history."
The economic impact from the virus over the past two weeks has been conflated by the developing oil price war between Saudi Arabia and Russia, meaning the virus is not solely to blame.
As such, the Goldman Sachs call said the pandemic's economic impact "feels more like 9/11 than it does like 2008."
We're looking at a quick economic blow followed by a quick full-recovery.
Goldman speaks up
Goldman Sachs had to downplay some of the more severe comments from the notes, insisting in a statement to Forbes that the notes were a "very basic summary" of the call.
"The summary text was not prepared or authorized by [Goldman Sachs] and it contains erroneous information and language which was not used on the call," the company told Forbes."
"During the call, various statistics on the pandemic were cited and attributed to legitimate sources including governments and were not necessarily presented as a [Goldman Sachs] view.
"The market and economic views presented on the call were consistent with current published research views which are available upon request."
Nevertheless, a Goldman Sachs March 15 economic report seems to support the stats from the notes.
In the report, the investment bank said it expected a five per cent fall real GDP growth in the second quarter of 2020, with a three per cent rise in the third quarter and a four per cent rise in the fourth. This report is verified and produced by Goldman Sachs' economic researchers.
The report admitted, however: "The uncertainty around all of these numbers is much greater than normal."
For investors, this means now is a pivotal time to act.
Should Goldman Sachs predictions be correct, the COVID-19 pandemic may have provided investors with the best buying opportunity in recent memory.
See the unedited leaked notes from the Goldman Sachs conference call below:
"50% of Americans will contract the virus (150m people) as it's very communicable. This is on a par with the common cold (Rhinovirus) of which there are about 200 strains and which the majority of Americans will get 2-4 per year.
70% of Germany will contract it (58M people). This is the next most relevant industrial economy to be effected.
Peak-virus is expected over the next eight weeks, declining thereafter.
The virus appears to be concentrated in a band between 30-50 degrees north latitude, meaning that like the common cold and flu, it prefers cold weather. The coming summer in the northern hemisphere should help. This is to say that the virus is likely seasonal.
Of those impacted 80% will be early-stage, 15% mid-stage and 5% critical-stage. Early-stage symptoms are like the common cold and mid-stage symptoms are like the flu; these are stay at home for two weeks and rest. 5% will be critical and highly weighted towards the elderly.
Mortality rate on average of up to 2%, heavily weight towards the elderly and immunocompromised; meaning up to 3m people (150m*.02). In the US about 3m/yr die mostly due to old age and disease, those two being highly correlated (as a percent very few from accidents). There will be significant overlap, so this does not mean 3m new deaths from the virus, it means elderly people dying sooner due to respiratory issues. This may however stress the healthcare system.
There is a debate as to how to address the virus pre-vaccine. The US is tending towards quarantine. The UK is tending towards allowing it to spread so that the population can develop a natural immunity. Quarantine is likely to be ineffective and result in significant economic damage but will slow the rate of transmission giving the healthcare system more time to deal with the case load.
China’s economy has been largely impacted which has affected raw materials and the global supply chain. It may take up to six months for it to recover.
Global GDP growth rate will be the lowest in 30 years at around 2%.
S&P 500 will see a negative growth rate of -15% to -20% for 2020 overall.
There will be economic damage from the virus itself, but the real damage is driven mostly by market psychology. Viruses have been with us forever. Stock markets should fully recover in the 2nd half of the year.
In the past week there has been a conflating of the impact of the virus with the developing oil price war between KSA and Russia. While reduced energy prices are generally good for industrial economies, the US is now a large energy exporter, so there has been a negative impact on the valuation of the domestic energy sector. This will continue for some time as the Russians are attempting to economically squeeze the American shale producers and the Saudi’s are caught in the middle and do not want to further cede market share to Russia or the US.
Technically the market generally has been looking for a reason to reset after the longest bull market in history.
There is NO systemic risk. No one is even talking about that. Governments are intervening in the markets to stabilize them, and the private banking sector is very well capitalized. It feels more like 9/11 than it does like 2008."
1500 market watchers listened to this Goldman Sachs coronavirus call - The Market Herald
Investment banking giant Goldman Sachs made some grim predictions last week in a private conference call regarding the COVID-19 epidemic.themarketherald.com.au
You must click on the member tab at the top of the page and you will see a selection of administrators. You will then just have to click on "start a conversation"! I hope these little hints will be useful to you
bianca etezete
Dagobah Resident
this is insane! every time i read through a page on this thread, ther is another one already there!
What I want to share may seem completely off topic, but I managed to work in my little garden yesterday a little bit at least, sowed some carrots (different types, very old to old kinds) and it was sooo relaxing! It was so good to actually do something with earth and seeds.
Well today the thread even exploded more than ever. Coming home from work - 10 more pages. Insane.
I wanted to say just that I am glad I have my pets, who definitely seem to sense the extraordinary situation. For us personally, as small entrepreneurs, up to now nothing has changed (looking at the figures), so I guess we are lucky. People say we should apply for help anyways but I do not see the point of that. As I said up to now we DO NOT have any losses. For me, in this situation, applying for help would be fraud.
My pets seem to be even more loving and cuddely, as if they want to make sure we are alright. Do you notice some changes in your pets?
What I want to share may seem completely off topic, but I managed to work in my little garden yesterday a little bit at least, sowed some carrots (different types, very old to old kinds) and it was sooo relaxing! It was so good to actually do something with earth and seeds.
Well today the thread even exploded more than ever. Coming home from work - 10 more pages. Insane.
I wanted to say just that I am glad I have my pets, who definitely seem to sense the extraordinary situation. For us personally, as small entrepreneurs, up to now nothing has changed (looking at the figures), so I guess we are lucky. People say we should apply for help anyways but I do not see the point of that. As I said up to now we DO NOT have any losses. For me, in this situation, applying for help would be fraud.
My pets seem to be even more loving and cuddely, as if they want to make sure we are alright. Do you notice some changes in your pets?
Send her a message from here. do you see a little enveloppe at the top of the page beside your avatar picture? there is where you can send her a message.
I'm pretty sure it was mentioned earlier in the thread that the coronavirus doesn't like heat and humidity, so there's a good chance that it will help
Yes. Arthuro, one of them, that is a very intelligent dog, is less happy and I feel he is a little depressed. Colette is quiet also, all sense that something is in the air. The cats of one of my friends also. So quiet suddenly. And more gentle.
Arthuro eats less, and apart of this impression that he is depressed he is quiet almost all day. He sleeps more also.
Sure. How about this one:
- Did China, in cooperation with Russia, deliberately unleash the coronavirus on the rest of the planet in order to trigger total economic collapse, in pursuit of their own agenda of world domination?
