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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
https://pbs.twimg.com/media/EVYfRZ4UMAACZET?format=jpg
It looks like they've just made their first 10 grand!
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Wales-Bales
:hehe:
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Wales-Bales
Did anybody notice that Fauci & Birx were claiming the success of social distancing was responsible for a further reduction in the IHME data model? I thought the original prediction already took into account the influence of social distancing?
Think the model gets regularly refreshed with actual data from places where social distancing has been applied. So its impact gets clearer over time and forecasts are adjusted.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Eric Cartman
:hehe:
Strange looking bunch ,where's their fashion sense ,what's the young guy far right wearing , is it some form of far right militia gear, he's got a massive zip on his trousers, he could easily store a semi automatic in there ??
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Wales-Bales
I remember challenging a grade once after spending a lot of time researching a specific topic, and the lecturer at my top tier university said I didn't know what I was talking about. So I contacted the professor at MIT in America who was the originator of this particular field of study and he said my work was outstanding, and my understanding of the subject was at PhD level. It was then that I realised that most universities are treadmills, and that it was entirely possible to self-educate oneself if you have the requisite skillset.
This university of yours, it was in a penthouse then was it?
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
the other bob wilson
This university of yours, it was in a penthouse then was it?
I don't think the lift goes all the way to the top though! Possibly the most self-aggrandising paragraph I have seen, written without a scintilla of self awareness of how it would be received outside his head.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Baloo
Think the model gets regularly refreshed with actual data from places where social distancing has been applied. So its impact gets clearer over time and forecasts are adjusted.
Forget that last post, Dr Fauci now saying they don't pay any attention to the IHME data model, they just observe other countries like China and Italy, but not Japan for some reason.
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2 Attachment(s)
Re: Coronavirus: overhyped fear-mongering or potential mega doom?
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Ouch. Looks like the only thing about that post that wasn't fake was Gluey taking Ted Cruz's joke and making it look like his own!
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
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Originally Posted by
cyril evans awaydays
Ouch. Looks like the only thing about that post that wasn't fake was Gluey taking Ted Cruz's joke and making it look like his own!
I'm starting to have doubts about that PhD level essay!
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
It had already been doing the rounds on Reddit as an obvious fake.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Eric Cartman
It had already been doing the rounds on Reddit as an obvious fake.
It's still funny though and highly plausible :biggrin:
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
We were initially given the impression that it would be almost exclusively that only the old and weak would die but that does not seem to be the case, our UK Government have been shockingly bad at handling this crisis.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
trampie09
We were initially given the impression that it would be almost exclusively that only the old and weak would die but that does not seem to be the case, our UK Government have been shockingly bad at handling this crisis.
While I'm critical of the Government's handling of the crisis, I think it's wrong to say that only the old and weak were expected to die of the virus. The data available from China and places like South Korea and Hong Kong a month or more ago showed that small numbers of younger, seemingly fit, people were dying and I'm not aware of there being much of an increase in the percentage of such people passing away in Europe. Hardly surprisingly, the media concentrate much more on teenagers or younger who die than those five and six times their age, but I've not seen any reporting to say that the percentages are any markedly different from those seen in Asia.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
the other bob wilson
While I'm critical of the Government's handling of the crisis, I think it's wrong to say that only the old and weak were expected to die of the virus. The data available from China and places like South Korea and Hong Kong a month or more ago showed that small numbers of younger, seemingly fit, people were dying and I'm not aware of there being much of an increase in the percentage of such people passing away in Europe. Hardly surprisingly, the media concentrate much more on teenagers or younger who die than those five and six times their age, but I've not seen any reporting to say that the percentages are any markedly different from those seen in Asia.
The impression was not all but nearly all, that overwhelming it was the old and those with underlying health problems who were the ones likely to die, the reality now seems to be there a quite a lot of working age people dying, doctors and nurses unfortunately, that was not the picture painted in the early weeks of the outbreak over here.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
trampie09
The impression was not all but nearly all, that overwhelming it was the old and those with underlying health problems who were the ones likely to die, the reality now seems to be there a quite a lot of working age people dying, doctors and nurses unfortunately, that was not the picture painted in the early weeks of the outbreak over here.
Possibly it was, but the actual stats were always showing that this wasn't the case. A month or so ago, my impression was that I wouldn't be too worried about the virus from my own point of view if I was in my twenties now, but there would be the nagging thought that I could be one of the unlucky ones in my generation if I caught it and my attitude wouldn't have changed in the mean time.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
the other bob wilson
Possibly it was, but the actual stats were always showing that this wasn't the case. A month or so ago, my impression was that I wouldn't be too worried about the virus from my own point of view if I was in my twenties now, but there would be the nagging thought that I could be one of the unlucky ones in my generation if I caught it and my attitude wouldn't have changed in the mean time.
I've heard it said that consultants and nurses by and large thought it was going to be the old and the weak themselves because they were mislead and they are in the trade so to speak.
It was also implied that herd immunity was going to be the initial way forward as well, that didn't age well either.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Will the 2020 death rate be above or below the 5 year average?
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Hell' bells, the WTI crude oil price crashed 19% overnight to stand at what it was 21 years ago at under $15 per barrel.
https://oilprice.com/
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Organ Morgan.
Hell' bells, the WTI crude oil price crashed 19% overnight to stand at what it was 21 years ago at under $15 per barrel.
https://oilprice.com/
Almost like it's a plandemic
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Current price is down to $13.50 for a 26% intraday drop.
Croesy, out of idle curiosity, do you prefer working from home in your undies to attending an office?
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Organ Morgan.
Current price is down to $13.50 for a 26% intraday drop.
Croesy, out of idle curiosity, do you prefer working from home in your undies to attending an office?
Yes it's an underpantdemic, see my thread on the politics forum launching at 15.00 today.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Whether the end of the world is nigh I don't know but the oil price suggests something is seriously amiss. It's now at $11 per barrel and minus 40% on the day.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Gulp.
Oil price is under $5 per barrel - down 73%!
https://oilprice.com/
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Oil Prices Hit $1 Following A 90% Crash - https://oilprice.com/Energy/Energy-G...er-Barrel.html
For decades, oil bears have made grand claims about oil prices crashing to $1. It was never really a claim that industry professionals would take seriously, with most observers viewing it either as fear-mongering or hyperbole.
On Monday the 20th of April 2020, WTI front-month contracts fell to the $1 handle. When you take into account both inflation and global breakeven prices – this truly is a historic day for oil. While some producers around the world - Saudi Arabia most notably - may claim to be able to produce oil at this price, the true breakeven price for every IOC and NOC globally is significantly above $1 and generally accepted to be $50+.
Some analysts have been calling for sub-$10 prices since the OPEC+ meeting was first announced. The fundamentals, they argued, were outside of the control of any oil cartel. Now, with no end in sight for the near-global quarantine caused by COVID-19 and oil storage nearing capacity, demand has all but dried up.
Meanwhile, some oil blends in Canada have fallen into negative territory, meaning producers would have to pay to give their barrels away.
While WTI for May delivery was down by over 90 percent, June delivery was only down 10 percent. Brent on the other hand, which is already trading on the June contract, is down by less than 6 percent, suggesting that it is fears of U.S. storage capacity that are dragging on prices.
Premium: 2 Stocks To Consider As Oil Nears $15
It is unclear at this point just how low oil prices will fall or whether there is any intervention large enough to turn this around in the short term. Nymex CME will now allow traders to negatively price for May futures. The mid- to long-term impact on oil prices is likely to be equally catastrophic, with bankruptcies and financial ruin setting markets up for a supply shortage and dramatic price spike.
For everyone from oil companies to industry professionals and even gasoline consumers, a stable oil price is always preferable to volatility and rock-bottom prices.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Organ Morgan.
Oil Prices Hit $1 Following A 90% Crash -
https://oilprice.com/Energy/Energy-G...er-Barrel.html
For decades, oil bears have made grand claims about oil prices crashing to $1. It was never really a claim that industry professionals would take seriously, with most observers viewing it either as fear-mongering or hyperbole.
On Monday the 20th of April 2020, WTI front-month contracts fell to the $1 handle. When you take into account both inflation and global breakeven prices – this truly is a historic day for oil. While some producers around the world - Saudi Arabia most notably - may claim to be able to produce oil at this price, the true breakeven price for every IOC and NOC globally is significantly above $1 and generally accepted to be $50+.
Some analysts have been calling for sub-$10 prices since the OPEC+ meeting was first announced. The fundamentals, they argued, were outside of the control of any oil cartel. Now, with no end in sight for the near-global quarantine caused by COVID-19 and oil storage nearing capacity, demand has all but dried up.
Meanwhile, some oil blends in Canada have fallen into negative territory, meaning producers would have to pay to give their barrels away.
While WTI for May delivery was down by over 90 percent, June delivery was only down 10 percent. Brent on the other hand, which is already trading on the June contract, is down by less than 6 percent, suggesting that it is fears of U.S. storage capacity that are dragging on prices.
Premium: 2 Stocks To Consider As Oil Nears $15
It is unclear at this point just how low oil prices will fall or whether there is any intervention large enough to turn this around in the short term. Nymex CME will now allow traders to negatively price for May futures. The mid- to long-term impact on oil prices is likely to be equally catastrophic, with bankruptcies and financial ruin setting markets up for a supply shortage and dramatic price spike.
For everyone from oil companies to industry professionals and even gasoline consumers, a stable oil price is always preferable to volatility and rock-bottom prices.
Hundreds of millions of people could die because of this.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
They say water is going to be the most expensive, sort after commodity on Earth, an independent Wales would be rich.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Wales-Bales
Hundreds of millions of people could die because of this.
Pay little to no heed to however many people may perish pre and post a global economic collapse by joining the rest of us who prefer to concentrate on COVID-19 fatalities. We accept the real possibility of a life of grinding poverty and skipping meals for days at a time; you should too.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Organ Morgan.
Pay little to no heed to however many people may perish pre and post a global economic collapse by joining the rest of us who prefer to concentrate on COVID-19 fatalities. We accept the real possibility of a life of grinding poverty and skipping meals for days at a time; you should too.
Are you still a bit sore about the whole 'Plandemic' thing? It looks like you're still sore.