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Thread: Official coronavirus news discussion thread

  1. #4906
    I rule the local playground
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    Default Re: Official coronavirus news discussion thread

    Definitely not the guy who thinks people wearing masks are doing so because the PTB have fooled them into adopting the same mentality BDSM recipiants exibit while having their genitals whipped.

  2. #4907
    Good college starter Long Duck Dong's Avatar
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    Default Re: Official coronavirus news discussion thread

    CDC just adjusted the mortality rate to .26% and it will likely go much lower than that. 3 people have died in the city I work in, I can't believe my friend was one of them.

  3. #4908
    2011 Doomsday Dallas's Avatar
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    Default Re: Official coronavirus news discussion thread

    Stocks up again... close to 200 points so far.

    3 days in a row is a good sign

  4. #4909
    ~the original p.tiddy~ ~primetime~'s Avatar
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    Default Re: Official coronavirus news discussion thread

    Quote Originally Posted by Doomsday Dallas View Post
    Stocks up again... close to 200 points so far.

    3 days in a row is a good sign
    lots of people saying it's too high...the unemployment rate is the highest it's been since the Great Depression

    BUT...on the other hand, most of the employed are actually making MORE money now....and we've flooded Trillions more dollars into the market...so maybe it's actually too low right now.

    really hard to gauge

    I think what is vital, is that the bulk of those who lost their jobs regain their old jobs right away...and who knows how smoothly that will go

  5. #4910
    Good college starter rawimpact's Avatar
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    Default Re: Official coronavirus news discussion thread

    Quote Originally Posted by ~primetime~ View Post
    lots of people saying it's too high...the unemployment rate is the highest it's been since the Great Depression

    BUT...on the other hand, most of the employed are actually making MORE money now....and we've flooded Trillions more dollars into the market...so maybe it's actually too low right now.

    really hard to gauge

    I think what is vital, is that the bulk of those who lost their jobs regain their old jobs right away...and who knows how smoothly that will go
    I'd think so... i'd call this jump in the stock market as a bubble. Demand has increased because people think we'll go back to where we left off but I doubt it'll recover that quick.

  6. #4911
    The Renaissance man bladefd's Avatar
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    Default Re: Official coronavirus news discussion thread

    Quote Originally Posted by ~primetime~ View Post
    lots of people saying it's too high...the unemployment rate is the highest it's been since the Great Depression

    BUT...on the other hand, most of the employed are actually making MORE money now....and we've flooded Trillions more dollars into the market...so maybe it's actually too low right now.

    really hard to gauge

    I think what is vital, is that the bulk of those who lost their jobs regain their old jobs right away...and who knows how smoothly that will go
    Something like 1% of the country owns 50% of all stocks, 10% of the country owns 80% of all stocks. Most of these people are going to be just fine. In fact, they have the money to throw into the stock market and so they are keeping the stock market afloat. So I am not surprised. There are also people who are home without work or working from home so they have time to mess around with stocks - another increase in number of stock holders.

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