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siddhant4u

Well-Unknown Member
It would be disappointing if markets doesn’t crash on Monday

 
And some people earlier in the day were blaming it on social media. This is not a social media phenomenon and is different from SARS or MERS. It is a very clear danger.

SARS and MERS too were corona viruses (yes, you read that right!) MERS was much deadlier in the sense that it had a higher mortality rate killing a third of everyone who got infected. But COVID19 is a different beast altogether. We know very little about it and its evolution. Hence the name novel corona virus. Biggest difference is the world is a far more connected place than it was a decade ago or 2 decades go approximately when both MERS and SARS occurred.

There will be treatments and vaccines soon and I am optimistic about that development but that should never let us undermine the impact it would have.

https://thehill.com/changing-americ...482794-officials-say-the-cdc-is-preparing-for


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The problem not mentioned here is the numbers of infections from Corona Virus rapidly goes up, as it is highly contagious. This brings more death with it by itself and if not is done what is done now, even slowly, the statistic shown here will look very different in a few weeks as the dead toll for Corona will have exploded.

In the past It was thought, because of the existing numbers, younger people would not have much of a problem with the virus if infected. The true is: This was a wrong assumption. More and more, even younger people with very strong symptoms, are found in emergencies/isolation rooms in hospitals around Europe.

Now who profits most from the situation: Of course the pharma industries. Following an interesting read about it:

Big Pharma Prepares to Profit From the Coronavirus

Sharon Lerner
March 13 2020, 7:46 p.m.

As the new coronavirus spreads illness, death, and catastrophe around the world, virtually no economic sector has been spared from harm. Yet amid the mayhem from the global pandemic, one industry is not only surviving, it is profiting handsomely.

“Pharmaceutical companies view Covid-19 as a once-in-a-lifetime business opportunity,” said Gerald Posner, author of “Pharma: Greed, Lies, and the Poisoning of America.” The world needs pharmaceutical products, of course. For the new coronavirus outbreak, in particular, we need treatments and vaccines and, in the U.S., tests. Dozens of companies are now vying to make them.

“They’re all in that race,” said Posner, who described the potential payoffs for winning the race as huge. The global crisis “will potentially be a blockbuster for the industry in terms of sales and profits,” he said, adding that “the worse the pandemic gets, the higher their eventual profit.”

The full article you will find here: https://theintercept.com/2020/03/13/big-pharma-drug-pricing-coronavirus-profits/

DP
Any figures as of end of March only will be more meaningful, I believe.
 
And some people earlier in the day were blaming it on social media. This is not a social media phenomenon and is different from SARS or MERS. It is a very clear danger.

SARS and MERS too were corona viruses (yes, you read that right!) MERS was much deadlier in the sense that it had a higher mortality rate killing a third of everyone who got infected. But COVID19 is a different beast altogether. We know very little about it and its evolution. Hence the name novel corona virus. Biggest difference is the world is a far more connected place than it was a decade ago or 2 decades go approximately when both MERS and SARS occurred.

There will be treatments and vaccines soon and I am optimistic about that development but that should never let us undermine the impact it would have.

https://thehill.com/changing-americ...482794-officials-say-the-cdc-is-preparing-for


View attachment 40733
we are paying Swachh Bharat Cess and our roads and rivers got more cleaner than italy and u.s... soo if gov put Cov19 cess, this corona will stop immediately.
 
we are paying Swachh Bharat Cess and our roads and rivers got more cleaner than italy and u.s... soo if gov put Cov19 cess, this corona will stop immediately.
kyun bhai taxes kam pay kar rahe ho kya? :p
 

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