Quote:
Originally Posted by PSM
It's a big number, but a small percentage. Don't fall for that. Plus, if you have a 401(k) you are buying in cheaply now. It hurts retirees because they don't usually have more money to invest but, if it was managed correctly, they should be fine. We are and we're fine. (We "lost" the equivalent of a Chevy Suburban today, though.  )
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Wait until the true magnitude sinks in. They’re out of several critical abx at my daughter's shop, a major state health magnet, and are told no resupply is in sight.
A corner was turned last Friday. All major epidemiologist and the CDC have said containment is impossible, expect a major outbreak in the US.
And do you know how many COVID19 diagnostic tests were processed in the last ten days in the US? Sixteen per day. Sixteen. That’s all CDC can do. No surge capacity either. They’re stretched at 16. South Korea has been averaging 1700 tests per day and can handle 4000/day surge.
Every once in a while a legitimate crisis reveals how corrupt things have gotten. We're there.