Any benefit to COVID-19?

[~bs]

^

I think they're really feeling the pressure. They just extended spring break to a second week... Probably buying them more time to figure out what to do.

Our governor said he's reluctant to shut the schools down because parents would have trouble finding daycare arrangements for their kids. To me, that's absolutely mind boggling. They're willing to compromise public safety because the parents don't have babysitters in place?

[~bs]

Glad (in a way) that my state isn't the only one in the twilight zone.

"The largest school district in the US won't cancel classes even as students and parents test positive for COVID-19, prompting teachers to threaten a 'mass sickout'

But schools in New York City, which has the largest has K-12 population in the nation, remain open as Mayor Bill de Blasio has expressed concerns about students who rely on the schools for food and shelter.
"

https://www.yahoo.com/news/largest-school-district-us-wont-183244909.html

[cypher1]

^ Our governor said he's reluctant to shut the schools down because parents would have trouble finding daycare arrangements for their kids. To me, that's absolutely mind boggling. They're willing to compromise public safety because the parents don't have babysitters in place?

Leading infectious disease expert Michael Osterholm brings that up on Joe Rogan Experience (https://www.youtube.com/watch?v=cZFhjMQrVts). He points out that 38% of nurses in the US who are in the medical field have kids in schools. So the concern is if they close schools for 2-3 months we have more medical resources unavailable, since they're taking care of their own kids. Add to the fact that 1/4 of the American population has no sick leave, so closing schools means that 25% don't get paid.

[~bs]

^ If it has to be done, it has to be done. It's pointless attempting to prevent "community spread" by limiting gathering if you're going to allow thousands of children to attend school, then bring diseases back home to the working parents and grandparents. Having 1 parent or grandparent stay home to watch kids while the others are out working is far better than having the entire family infected.

[james.hendrickson]

^

Our governor said he's reluctant to shut the schools down because parents would have trouble finding daycare arrangements for their kids. To me, that's absolutely mind boggling. They're willing to compromise public safety because the parents don't have babysitters in place?

No doubt, if they don't limit exposure, people are going to die.

[TexasHusker]

We are going to come to a realization before long that we cannot wait corona out. We will have to resume activities and take our chances, or we will have an entire economic collapse with martial law. From now on, instead of cold and flu season, we will have cold, flu, and corona season. Although we will have a vaccine before year end, I predict.

[~bs]

We are going to come to a realization before long that we cannot wait corona out. We will have to resume activities and take our chances, or we will have an entire economic collapse with martial law. From now on, instead of cold and flu season, we will have cold, flu, and corona season. Although we will have a vaccine before year end, I predict.

That is my opinion. What's going to happen is they'll develop a vaccine, and it will simply be combined with the flu vaccine. All they're doing now with the closures and stuff is giving researchers more time to develop and manufacture the treatments.

[rennigade]

Another benefit to this is hopefully people will realize they can live without watching sports on tv. At the end of the day, its a dumb game that has zero impact on the major majority of americans. This excludes cities/college towns who have restaurants or other businesses where they rely on sports...which again, applies to almost no one on the grand scheme of things.

[cypher1]

We are going to come to a realization before long that we cannot wait corona out. We will have to resume activities and take our chances, or we will have an entire economic collapse with martial law. From now on, instead of cold and flu season, we will have cold, flu, and corona season. Although we will have a vaccine before year end, I predict.

Overall I agree that we'll have to resume our activities day to day. While I hope I'm wrong, I wouldn't count on a vaccine in the next 12 months, even with development trials/testing. I'm more concerned with getting through these next 2-3 weeks to see how the US trends with rates of infection, in comparison to China, S. Korea, Italy, Spain numbers.

The reality is we're all going to get exposure to it at some point in time. Just a matter of when, and how we deal with it for self containment. My roommate and I talked about it earlier last week, and we both agreed, if one has it, we assume the other does too. Unless we need medical treatment, the plan is to simply bunker down at home. I realize that isn't so simple for those with families. Another reason I've limited my contact with my parents and siblings.

[disneysteve]

I'm more concerned with getting through these next 2-3 weeks to see how the US trends with rates of infection, in comparison to China, S. Korea, Italy, Spain numbers.

I don't have time to find the link but the trend line is exactly the same as the other countries. Exactly! That's how pandemics work.

[Milly]

Morals aside... isn't it interesting that as we wonder how to support the baby boomers and the rising medical costs, a disease comes along that is dramatically more lethal to older people and those who are chronically ill? I wonder if an economically significant portion of these demographics will disappear and if it will actually boost the financial situation of the US in a few years.

Obviously, I don't wish anyone's illness or death (I'm taking all precautions to avoid spreading), but I do wonder if the popping of this bubble will be just a tiny bit softer because of the type of pin.

[rennigade]

Maybe people will realize how useless most financial advisers are. This probably doesnt apply to anyone on here...but if you know someone who uses a FA, ask them if the FA pulled their money out of the market before the crash, or ask them if they moved them to more conservative before the bottom fell out. If they didnt, it just reaffirms how pointless they are. An "expert" was in charge of their money, and still rode it down. Wonder if those financial advisers will waive their fees because of that? Maybe a question to ask them directly.

[disneysteve]

Maybe people will realize how useless most financial advisers are.

I doubt it. The people who fall for scams will always fall for scams and no facts or evidence to the contrary will convince them otherwise.

[LivingAlmostLarge]

most financial advisors haven't a clue about finances. They just work for a big company and do whatever the company suggests. Which includes churning for profit. I mean I see so many people selling 1 share or fraction of shares? Why? So the company can make money.