This Coronavirus scare is going to continue to take a heavy tool on the world.
There’s going to be a short term dip (plunge?), then a little bit of a recovery as we head into summer,
but then there’s going to be a serious down turn this fall when the CoronaVirus comes back with a vengeance.
I agree with the experts who say the CoronaVirus might become part of the new seasonal flu pattern — mixed in with everything else — while the CoronaVirus is deadlier than the regular flu, it’s not as deadly as SARS or MERS that it kills more of its hosts, leaving fewer people to transmit
What’s so scary about the CoronaVirus is that people can be infected with it — and give it to others — and not have a single symptom themselves.
What’s happening now is only a warm up to what’s coming this fall. This is the pattern of other viruses in the past, including the 1918 flu virus. The general public doesn’t realize the 1918 virus actually popped up months earlier, then slowed over the summer, before roaring its ugly head in the fall of 1918.
My predication is we are going to see a repeat of it, and given that we’ve never had anything quite like it in our modern tech connected world, there is no way we can really properly prepare. There are too many unknowns.
For long term people in the stockmarket, it doesn’t matter, they can ride out a 2-3 year downturn and a 5+ year recovery, but people who need that money now might be in trouble.
Seth was just saying how his parents are glad they took their money out of the market a few months ago and bought the condo he’s living in. The housing market will definitely drop again as well, so buying right now is probably isn’t a good idea, but Seth had a good point, at they at least will have something no matter what happens in the housing market. They’ll still own a house.
Of course there are no absolutes, and god knows anything can happen (Trump won an election 99% of people thought Clinton was gonna win),
but I was reading an article about a list of all of the airlines that have canceled flights because of the virus — hundreds and hundreds of flights — not just China but Japan and Iran and all these different counties —
And I thought to myself — wow — what a massive undertaking on what’s basically a futile mission. At this point, any hope we had of containing the CoronaVirus is over. We lost. It’s coming. It’s not a matter of If it’s a matter of When.
And what bugs me the most,
Is in all of their panic,
People aren’t talking enough about doing the simple things — like washing their hands for 20 seconds *minimum* under the water — things that really will help prevent the spread of the virus. Splashing hands under the water doesn’t do shit to get rid of germs. Most people just rinse for a second. We need more discussion and education.
There’s not enough of a global conversation of things we actually can to help prevent the spread around us, things like “institute mandatory government sponsored paid sick leave in every country, proper handwashing tutorials in schools ie singing happy birthday under the water, oughing into your elbow and not the air, etc, etc, etc’
Canceling flights here and there around the world is not going to cut it.
And the real reason they’re probably canceling these flights is that people aren’t buying those tickets anyway — hence why I believe we’re headed nose dive into a Depression.
They’re not canceling flights to save lives. They’re canceling flights because no one wants them or countries have barred them.
This is going to leave a scar on people’s sense of traveling and connection to the world for a long time to come.
One things feeds the next feeds the next feeds the next.
The government will try to call it something else for lots of reasons, like avoiding responsibility — ‘Depression’ is a heavy word —
but history will judge this period as the beginning of a Depression.