Washington governor announces shutdown of restaurants, bars • Hacker News Board

Re: Washington governor announces shutdown of restaurants, bars

#451

Post by gshubert17 » Mon, Mar 16, 2020, 1:52 PM UTC

grumple wrote: post #435

mc3 wrote: post #127

Earlier quoted context omitted.

What about solvency, and the knock on effect to creditors. They can't pay the booze supplier and they go out of business etc. This could go on for months. Most businesses don't make those sweet SaaS margins. Same for airlines.

This is why the money has to go to the bottom so it can bubble up. All debts get paid off along the way. Government bails out the small business, the small business pays the distributor, they pay their creditor, etc. Investors still make money at the top. If bubble up economics becomes a thing I want full credit.

Yes, I hope that would work.

If the 700 billion dollars for quantitative easing went to 200 million U.S. adults, that'd be $3,500 apiece. If spent at the rate of $700 a week, that'd be five weeks' worth.

Re: Washington governor announces shutdown of restaurants, bars

#452

Post by lonelappde » Mon, Mar 16, 2020, 1:53 PM UTC

diebeforei485 wrote: post #365

na85 wrote: post #242

Earlier quoted context omitted.

Maybe they'll sail under the US flag?

Then they'd have to pay U.S. wages and working conditions. Avoiding that is the whole reason they are foreign flagged.

Cruise ships were the a primordial Uber -- regulatory arbitrage to compete in an existing industry. The put a hotel on water just to avoid hotel regulations.

Re: Washington governor announces shutdown of restaurants, bars

#453

Post by treis » Mon, Mar 16, 2020, 1:57 PM UTC

listsfrin wrote: post #297

Taek wrote: post #77

Earlier quoted context omitted.

Covid19 is closer to SARS than the flu, and is known to cause permanent lung, kidney, and testicle damage, even in young and healthy patients. Even among young patients, the ICU rate is as high as 10%. A low mortality rate for young people assumes access to an ICU. All of New York State only has about 600 unoccupied ICU beds. If the number of infections in New York breaches 6,000, the fatality rate among young people…

I've never seen studies that say anything about "permanent lung, kidney, and testicle damage, even in young and healthy patients". Where did you read this? "young patients, the ICU rate is as high as 10%." Any links?

>I've never seen studies that say anything about "permanent lung, kidney, and testicle damage, even in young and healthy patients". Where did you read this?

It's obviously bullshit. How would we know about "permanent" damage from a disease a few months old.

Re: Washington governor announces shutdown of restaurants, bars

#454

Post by gdubs » Mon, Mar 16, 2020, 1:59 PM UTC

vsareto wrote: post #441

tathougies wrote: post #298

Earlier quoted context omitted.

That's because of people panic selling, and it's a wonderful opportunity to buy cheap stocks.

You should only buy now if you a) suddenly have a lot of cash, AND b) can definitely take a long-term position without needing the money for 5-10 years. Everyone else should wait for the upward trend to make sure it's not going to get much worse. You want to "predict the staircase" and not "the floor".

To put a finer point on it, a fully funded safety net is a good idea before moving money into investments. Enough to cover basic expenses for, let’s say, a year. How long exactly depends on your risk tolerance.

Not a financial advisor, standard disclaimers, etc.

Re: Washington governor announces shutdown of restaurants, bars

#455

Post by lonelappde » Mon, Mar 16, 2020, 2:00 PM UTC

dang wrote: post #410

dredmorbius wrote: post #405

Earlier quoted context omitted.

Something similar to Reddit's megathreads may well be useful for HN.

Can you link me to an example or two in practice?

https://www.reddit.com/r/news/comments/fiusxv/covid19_megath...

OP/mod just edits a post to put a list of links in the top self-text comment or a top-pinned comment.

Re: Washington governor announces shutdown of restaurants, bars

#456

Post by andai » Mon, Mar 16, 2020, 2:03 PM UTC

dang wrote: post #116

It's probably best if we aggregate these links in one place rather than having a separate thread for each new location. (Similarly to what we did at https://news.ycombinator.com/item?id=22550840 ) NYC: https://news.ycombinator.com/item?id=22589463 California ("calls for", not enforced): https://news.ycombinator.com/item?id=22587062 Others?

The Netherlands closed all schools, cafes and restaurants yesterday (Sunday 15 March).

https://www.dutchnews.nl/news/2020/03/millions-stay-home-as-...

Re: Washington governor announces shutdown of restaurants, bars

#457

Post by jpindar » Mon, Mar 16, 2020, 2:05 PM UTC

blendo wrote: post #222

untog wrote: post #49

Earlier quoted context omitted.

> I'd suggest they put a couple of picnic tables out in the parking lot for take-out. Why, though? The whole point is to stop people gathering in public places. > Curious about other commercial operations that could satisfy the rule Again, why? These rules weren't put into place as a challenge for entrepreneurs.

I want to eat and drink with my family and friends. And it's spring, so I want to do it outdoors. A food truck with a couple of outdoor tables has got to be lower risk than a full-service bar/restaurant, while still giving us human companionship.

Our grandfathers wanted to eat and drink with their families, but they ate k-rations with their fellow soldiers.

They got called to war. We are called to sit on our couches. We can do this.

Re: Washington governor announces shutdown of restaurants, bars

#458

Post by tathougies » Mon, Mar 16, 2020, 2:07 PM UTC

woofie11 wrote: post #392

tathougies wrote: post #302

Earlier quoted context omitted.

This is crazy. There is nothing any party could do to have prevented the virus from reaching the United States, aside from a complete shutdown of the borders, including for American citizens. It is too transmissible, too undetectable, etc, to prevent it. Containment is the only feasible option, and America is actually ahead of the curve. Unlike Italy and France and Europe, American states are shutting down before hos…

Of course we could have contained it. See Taiwan for a golden example. About one case per day since this started. China, Japan, and South Korea or other examples.

China? China is why we're in this mess. They were unable to contain it, which is why it's now a pandemic. Their actions to shut down society (which the US is now taking, well before our hospitals are overrun) came way way way later.

Japan, I don't know about.

South Korea is doing a good job, however it only took one rogue patient (patient 31) to go from 'well-contained' to 'nation-wide' epidemic. This is why containment measures are doomed to fail if the goal is to prevent the spread entirely. It only takes one person to screw it up.

Re: Washington governor announces shutdown of restaurants, bars

#459

Post by dang » Mon, Mar 16, 2020, 2:13 PM UTC

lonelappde wrote: post #455

dang wrote: post #410

Earlier quoted context omitted.

Can you link me to an example or two in practice?

https://www.reddit.com/r/news/comments/fiusxv/covid19_megath... OP/mod just edits a post to put a list of links in the top self-text comment or a top-pinned comment.

Thanks!

Re: Washington governor announces shutdown of restaurants, bars

#460

Post by npo9 » Mon, Mar 16, 2020, 2:14 PM UTC

graeme wrote: post #215

npo9 wrote: post #120

Earlier quoted context omitted.

Small nit: Boise has one recorded case. It was recorded Friday.

How many tests have they done? The spread pretty clearly seems to be all over the US at this point.

Right, the actual number of cases is almost certainly over 1. The parent comment just said Idaho had no reported cases which is factually incorrect. The first reported case was on Friday.