TSX:REI.UN - Post by User
Comment by
BlueGuitar1on Jun 10, 2020 11:01am
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Post# 31133265
RE:Everything opening up
RE:Everything opening upBe careful of confirmational bias. For some communities, they should open up, but in the GTA (Toronto) it is a different story. Not only are the cases stuck in 250 range, it is actually going up gradually. The lack of social distancing and lackadasical behaviour from Trinity Bell Wood, High Park, Protest marches take approx. 5 weeks for cases to show up. The MD's I have access to say that the hospitals in Toronto are slowly filling up.
@CANCDN- you said that your brother- in- law's business has opened up seeing 10 patients per day. What healthcare business is he in? In Toronto, MD's are doing telemedicine. Dentists are cautiously opening up but there is much worry about aerosols because those drills and cavitron cleaning machines are ultrasonic aerosol creating devices. The aerosols will linger in the air for anywhere from 15 minutes to 3 hours. As a result, another patient sitting in the chair without a mask on will be breathing in aerosols. And it is a big mistake to think that this is just a Flu. It is not. It is SARS, specifically SARS2. By calling it COVID-19, all references to SARS is missing and the general public wouldn't know better. Don't trust anecdotal talk that SARS2 is becoming less virulent. There is no evidence of that. Don't believe what the WHO said recently about the spread of SARS2 from asyptomatic people is VERY RARE. That WHO doctor had no evidence to say that and the WHO is now doing a U-turn on that statement. Remember, the WHO said that masks were not necessary too. A lot of governments followed the WHO recommendations and look at them now. The South America's are a disaster. And the USA is also a disaster. Look at California, Florida, and Texas: Hospitals are now filling up big time in these locations. The markets will react accordingly. And real-estate like condos will not be selling like crazy. Sure interest rates are low, but the capital costs are high, and the future looks cloudy especially with unemployment so high.