131–140 of 185 posts
I don't understand why this is flagged. I've been thinking about this conflict since Trump said Easter.
How can a billionaire stay rich if we don't go back to work? Money doesn't grow on trees. It comes from our bodies.
Billionaires just used people to convince other people that they have right to exorbitant share of what we all make in total. Some good things might have been side effect of that process. Some bad too.
Earlier quoted context omitted.
I know this won't be a popular take but I haven't seen any compelling data to indicate what we're dealing with is any more deadly than a cold. No one has any idea how many people have been infected by this virus. It is assuredly many many more than current tests have revealed as the only people being tested are healthcare workers and at-risk individuals. I wouldn't be surprised if over a million people in the U.S. ha…
In Italy on average there are about 2000 deaths a day. Yesterday, there were 683 deaths attributed to Coronovirus.
Earlier quoted context omitted.
Trouble is, that nowadays the serfs are in China. In the Middle Ages, servants would flee a lord that was too harsh. The Church and the towns with their rising merchant class would be another way out. Instead we have healthcare tied to the job and the tech hiring cartel. Where is the revolution?
I see a number of serfs driving around my town partaking in the "gig" economy.
I'm using my quarantine time to read Piketty's "Capital in the 21st century". I'm actually pretty sure I'm _not_ going back to work if it risks my health. And it is obvious that the rentiers of our economy want the non-rentiers to go back to work. The rentiers actually have little to lose. The article states they might get sick, but if we're being realistic, they are very well sheltered against the collapse of the he…
Earlier quoted context omitted.
I know this won't be a popular take but I haven't seen any compelling data to indicate what we're dealing with is any more deadly than a cold. No one has any idea how many people have been infected by this virus. It is assuredly many many more than current tests have revealed as the only people being tested are healthcare workers and at-risk individuals. I wouldn't be surprised if over a million people in the U.S. ha…
We do know though that the curve for number of infections is a logistic curve. And since we haven't hit the inflection point yet we know at a minimum (regardless of how many hidden/untested cases exist) we'll have twice the number of hospital cases than today (assuming action isn't taken to prevent it the current trajectory). Also the current strain is already a "massive wave" in locations hit by the virus longer. It…
Earlier quoted context omitted.
I know this won't be a popular take but I haven't seen any compelling data to indicate what we're dealing with is any more deadly than a cold. No one has any idea how many people have been infected by this virus. It is assuredly many many more than current tests have revealed as the only people being tested are healthcare workers and at-risk individuals. I wouldn't be surprised if over a million people in the U.S. ha…
So the dead piling up in Spain and Italy are apparently not compelling enough? I can't recall a common cold overwhelming medical facilities and emptying nursing homes like this. The thing that seems to elude the "it's just a cold" school of thought is that this is a cold for which there exists zero population immunity, unlike the existing coronavirus strains or even the flu.
Earlier quoted context omitted.
I know this won't be a popular take but I haven't seen any compelling data to indicate what we're dealing with is any more deadly than a cold. No one has any idea how many people have been infected by this virus. It is assuredly many many more than current tests have revealed as the only people being tested are healthcare workers and at-risk individuals. I wouldn't be surprised if over a million people in the U.S. ha…
There are sources out there you can trivially find to better inform yourself, please do so.
Earlier quoted context omitted.
The calculations in the article I posted suggest "that if there’s a recession as bad as the last one, it could be even worse for well-being than tens of millions of deaths."
So you think that even tens of millions of deaths would not be associated with a depression? That is incredibly preposterous.
I would imagine tens of millions of deaths might trigger a recession, but it's hard to say.
It seems that throughout history some pandemics have wound up being good for the economy: https://news.ycombinator.com/item?id=22572317
Also, note that the quote "if there’s a recession as bad as the last one, it could be even worse for well-being than tens of millions of deaths" is not saying that there will be tens of millions of deaths. It's instead saying that the hit to well-being, quantified in QALYs, is greater than tens of millions of deaths.