Coronavirus: OFFICIAL FREAKOUT THREAD
My college (private uni in East Coast) has just switched to online classes for the rest of the semester. I've received an offer from a BB a couple of weeks ago (accepted it) and was told that I should expect to wait awhile before my hiring process is complete. The risk-adjusted returns of my life have tanked like the S&P500 over the past couple of days.
Let's all freakout here.
EDIT: I've gotten hit with too much poo. I think I got hit with the coronavirus now :/. I've hidden my identity to not be stigmatized for my condition. This thread has some level of realism to it, but it's mainly just a place for people to vent about their situations and relate to one other so please don't take it seriously.
we don’t need this
I admit that its more serious than I initially thought it would be. However, the fact remains that those who are dying from it are generally older and have pre-existing health probelms (smoking, obesity, etc.). Not to sound insensitive to those who have been affected, but I think as long you take care of yourself and take extra precaution with your personal hygiene for the next little while, the vast majority of us will be fine.
This is spot on- sorry Im the person who flamed you in the other threat ab healthcare lmao
In addition to old age, one of the major risk factors for coronavirus is obesity. 40% of the US population is obese. And the US healthcare system is about to get jammed. For those two reasons I think the case fatality rate in US will be significantly higher than other countries. Let's revert in 3 months.
People like you are the exact reason why everyone is freaking the fuck out, and why the market is shitting itself. Chill the fuck out, wash your hands, shut your mouth, and stay in if you feel sick. Thing will be gone before we know it.
I'm honored to be a market mover.
YOU'RE MOVING IT THE WRONG WAY.
I like this way
-Buyers
The mentality of "we will be fine, no worries" is really silly. "Let me go on a cruise or fly to Europe because I wont be affected and hey, look how cheap it is!" --- ok, well, what about the people who will be affected who you are providing the bridge to? --- Is it that hard to grasp? Is the most basic logic too much to ask for? Will democracy ever have any sort of longevity with the amount of low IQ voters running around? In the USA, the second it got here we should have locked down every city. We had months to have a strategy and learn from the good and bad examples of others. The general population had a better response to canceling events and preparing than the national government and local municipalities. The reason I am pissed? Because it is coming, quickly hospitals will get overrun and we will have one of the higher mortality rates out there because we did very little to manage the growth. We will have a shock to the markets even further in the next week. I have money ready to buy the market when we have a flash crash.
Age bracket 50-65. Look at this way, if your MD dies, that creates better chances for you to climb the ladder. It’s a win-win.
I'm feeling exceptionally lucky. Trump's little tariff war late last year meant we diversified most supply chains. They are 5% - 10% pricier than the usual Chinese manufacturers we like to use but certainly still profitable to use. I'm just hoping they don't shit out like China did.
BTW, I've also received news from most of our Chinese manufacturers that they've rebooted. I think this will be over much more quickly than we think.
So your problem is you might have to wait a few months to start working and your investments are down just like everybody else’s ?
There's a chance that even recovering from coronavirus leaves permanent lung damage. Have fun with that.
So it's not "the new hoax?"
Weird.
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