A New Yorker reporter has been talking to authors of studies about numbers of ICU beds available around the U.S.
There will almost certainly be chaos and triage in hospitals around the country.
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The Most Important Article William Arkin Has Ever Written
And believe me, that is really saying something.
Read The Dire Coronavirus Report Given To Donald Trump
We are going through tough situations together this year. The first is the market meltdown and the second is the coming coronavirus storm. That latter situation has now come to the forefront with restrictions happening across the country. Where I live schools are closing and many restaurants are now only taking carry out and takeout orders.
The restrictions have intensified across the country over the past few days. One reason is that President Donald Trump and his virus team were given a dire report about it produced by scientists working in the UK with a full analysis of the situation and how various measures can be used to stop it.
If nothing were done it projects that over 2 million people would die in the United States from the virus. From the looks of this report it appears that once the crisis restrictions are lifted things will be normal for 4-6 weeks and then a second wave crisis will come.
How many people will get this virus?
What are the real impacts most people feel?
Personally when this story started in China I was hopeful it would be contained just there. The reports were that there were only 80 people in the US with cases a few weeks ago, 40 of whom were from cruise ships. So I was hopeful that it would just away and many people said it would. A few people sent me emails projecting a pandemic with millions of deaths around the world. It was hard for me to accept and so I didn’t believe it, but I began to recognize reality once it spread to Italy. Now this past weekend most people move from denial to pure panic. I am not in panic, because I came to accept the situation much earlier than most. But many do not have any facts and the facts have been changing.
You need to read the report for yourself to know what is being told to the people at the top for yourself. The people on the television box spew nonsense at you. They removed one of the nuts from Fox Business this week. You must read and understand for yourself. You must do your own thinking.
Coronavirus Doctor Says Lung Scans For Young Patients ‘Nothing Short of Terrifying’
A Belgian doctor working to battle the coronavirus says he’s treated several seriously ill young patients — and their lung scans were “nothing short of terrifying,” according to reports.
Dr. Ignace Demeyer, who works at a hospital in Aalst, said an increasing number of people between the ages of 30 and 50 have presented with severe symptoms, despite having “blank medical records” that show no underlying conditions that would make them high-risk, the Brussels Times reported.
“They just walk in, but they are terribly affected by the virus,” Demeyer told the Belgian broadcaster VRT.
He said CT scans indicated they were suffering from severe lung damage.
“The images we took yesterday are nothing short of terrifying,” the doctor told the station.
“They are people who do not smoke, who have no other conditions such as diabetes or heart failure,” Demeyer added.
David Sanger is a Damned Liar
Duncan Lemp on Cryptocurrency
This is the guy the cops murdered the other day in Maryland.
Cop Kills Man
Don’t Bailout The Share Buyback Queens
From Wolf Richter at Wolf Street. The Trump administration is considering a $850-billion stimulus package (bailout) for corporate America. This includes a bailout for the airline industry – the same airline industry that spent the past few years spending cash and borrowed money on share buybacks.
“The S&P 500 companies, including those that are now asking for huge bailouts from taxpayers and from the Fed, have blown, wasted and incinerated together $4.5 trillion with a T in cash to buy back their own shares just since 2012.“
Now the Fed is worried, but Fed policy helped create this monster:
“And those $4.5 trillion in cash that was wasted, blown, and incinerated on share buybacks since 2012 for the sole purpose of enriching shareholders are now sorely missing from corporate balance sheets, where these share buybacks were often funded with debt.
And the record amount of corporate debt – “record” by any measure – that has piled up since 2012 has become the Fed’s number one concern as trigger of the next financial crisis. So here we are.
In 2018, even the SEC got briefly nervous about the ravenous share buybacks and what they did to corporate financial and operational health. “On too many occasions, companies doing buybacks have failed to make the long-term investments in innovation or their workforce that our economy so badly needs,” SEC Commissioner Jackson pointed out. And he fretted whether the existing rules “can protect investors, workers, and communities from the torrent of corporate trading dominating today’s markets.”
But, don’t worry, we’ll get our $1,000 payoff to keep our mouths shut and not complain.
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