"Pulling margin from long customers — The clearinghouses and broker dealers who finance margin accounts will suddenly pull all long margin availability, citing very transparent reasons for the abrupt change in lending policy. This causes a flood of margin selling, which further drives the stock price down and gets the shorts the cheap long shares that they need to cover. (Click here for more on Pulling Margin)."
"Pulling margin from long customers — The clearinghouses and broker dealers who finance margin accounts will suddenly pull all long margin availability, citing very transparent reasons for the abrupt change in lending policy. This causes a flood of margin selling, which further drives the stock price down and gets the shorts the cheap long shares that they need to cover. (Click here for more on Pulling Margin)."
If you don't get tested - the odds are you won't - the relief of recovery is quickly replaced with doubt, "was it really Covid-19?" And you must fearfully go on acting like it wasn't.
Not if you're people I've talked to recently -- any cold or flu and people are like "yeah I had it any it wasn't too bad, I don't get all the fuss. I'm immune to it now!" Even though they never got tested
For the vast majority of corona viruses cases, it is, in fact "not too bad".
There is survivorship bias in the media reports. Mild cases don't get reported because it's bland, common, and everyday. The ones that cause death DO get reported because it's clickbait basically. This biases the population to overestimate the risk from this.
The point I was trying to make though is that people that almost certainly didn't have it are assuming that they did, which is dangerous because now they'll be much less cautious
> The only real advantage I can see is concentration of skill - e.g. people say that you basically have to develop electronics in Shenzhen, there's simply not enough talent in the US and EU - but I wonder if the efficiency gains are offset by innovation losses. Again, IMO it would be better to have a local high-skilled population of engineers & entrepreneurs.
That's exactly the argument that Tim Cook used a few years ago. He said that an iPhone not manufactured in China would cost 30k USD...before quickly moving manufacturing out of China. These arguments sound nice, but are lies. When offshoring first started the cheap labor pool was the only thing that mattered, and it still is.
>> cheaper workers work for less, but that's not exactly efficiency
> It is efficiency, really, because it's making better use of an underutilized resource. Over time, of course, the price of labor evens out because the resource is no longer underutilized.
It's not efficiency at all, it's stagnation. Since the 80s instead of trying to innovate and automate production lines too many companies have been hopping from country-to-country looking for the cheapest labor pool. We lost 40 years of manufacturing innovations because they were economically unnecessary due to offshoring.
I can't blame them, just like I can't blame a company for becoming a monopoly. We need to regulate them like we do with antitrust, worker's rights, and other things. The free market unabated is terrible for humanity.
It's worse then that, we all live in a socialist society, it's just a corporate socialism. A free market would be a fantastic start. There is a real lack of competition and innovation in our socialist model.
Yes, a true free market can only exist via governmental regulation, as otherwise, companies tend towards monopolies and collusion. It would be nice to have such a market, but I do wonder how we'll get there with moneyed interests at the door.
I can't "blame" a corporation, because it's not a person.
But they are run by people, those people are the ones crafting the legal and regulatory environment that encourages this behavior, and we can certainly blame them.
I can't blame the workers either. They are driven by incentives, so of course they'll fulfill their incentives. Expecting them to do the right thing without incentivizing them to do so doesn't effect any change. If you want to change them, change their incentives, whether through money, government regulation, or other.
COVID-19 is not a normal respiratory infection. It seems to prevent your RBCs from holding onto O2 and CO2 mimicking high altitude sickness. The disease acts like HAPE (high altitude pulmonary edema). The damage and inflammation is coming from the blood's inability to properly perform gas exchange in the lungs. Other damage could actually be coming from ventilators with pressure set too high (lungs of patients are mechanically normal, atypical for ARDS). Patient oxygen stats are also weird, they're hypoxic, but not necessarily short of breath.
http://counterfeitingstock.com/CS2.0/CS8PullingMargin.html
Sounds a lot like Thursday and Friday, no?