Re:Federal Reserve slashes interest rates to zero
by MuffinFlavored on Sunday March 15, 2020 @09:33PM
(#22588766)
The US will go under extreme lockdown at 100k cases. No way we will see 327m * 0.6 cases.
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Re:Federal Reserve slashes interest rates to zero
by tcbawo on Sunday March 15, 2020 @10:27PM
(#22589174)
The US may have already passed 100k cases. Is anyone performing randomized tests and publishing the results? That should give us a real sense for how far it's spread. The trouble is that the growth rate is so great, it's a moving target.
Re:Federal Reserve slashes interest rates to zero
by sershe on Monday March 16, 2020 @12:32AM
(#22589979)
Only because of the panic. The narrative fairly recently was "why bother, more people die from the flu"; which isn't true, but basically the effect of everyone around merely being sick, with 80+% mild cases, would not be nearly as dramatic as envisioned, I think. I did not account for that in my original comment, but it's not going to be end of the world.
And yes, we will eventually get to 40-60% infection rate unless we go into a permanent lockdown, the question is just how fast.