If this lasts longer than 6 months and the reopening of America is a flop, because people are not following health guidlines of social distancing and testing is still lagging I see nothing good coming in the months ahead.
https://www.worldometers.info/coronavirus/
In Germany alone Corona virus cases have tripled since easing lockdown. Many countries that reopened are seeing a resurgence of the virus and new deaths.
In the US 33M people out of work, won't be able to pay their mortgages, put food on the table, pay for their health insurances. Already many states are seeing MASSIVE linups for as far as the eye can see at food banks.
We are seeing an increase in domestic violence, we will see a huge increase in prostitution, gun trafficking, people doing anything to get food and survive.. A huge rise in homeless people, people trying to escape reality will lead to a spike in drug overdoses.
This fall we will see bankrupcies in mom and pop stores, retail stores. Could even see blue chip companies in America falling. Boeing is heading that way.
Even before the virus tons of retail chains in the US were filing for Chapter 11 or Chapter 7.
With companies going bankrupt and unable to pay their debt, then the crisis will spread to banks and financial institutions. How much can the Fed reserve do if it just continues. Then, the last domino to fall will be a complete collapse of our society and rule of law.
I’m talking about massive social unrest. Sales of guns are up at never seen before levels.
Now you may think that this can’t happen here in America…
But if that’s really impossible, why then is the U.S. military already preparing for widespread violence from food shortages? According to Newsweek, three weeks ago the military issued standby orders to prepare for some form of martial law in “extreme circumstances,”
Because Trump is totally incompetant and testing is not up to ramp yet as per Harvard Global Health Institute. Well over 2000 new cases every day.
What if they reopen the US- CANADA border..
I think Trudeau is right in being prudent about opening too fast.
Same problems in Ontario and Quebec, testing is not fast enough to isolate the contagious.
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And by the time they wake up to reality, it will be too late for them.
Remember what affects the US affects Canada and the rest of the world.
Now this is...
Natures ultimate REVENGE on the abuses we have been inflicting it for centuries. Wild bush meat markets, bear bile industry, pangolin poaching, ivory trade, rhino horn trade, Shark fin soup, deforesttation at unprecedented levels for cattle raising and palm oil industry. Sonic booms in the ocean by military searching for oil, causing the beaching of thousand of cetateans. Destroying primal forests so rich folks can have 3K $ wooden tables made from exotic woods.The list goes on and on. This is the first of many more pandemics if we don't change our ways.
More has to be done to control population in countries where they don't have the rescources and means to support more people and educate them on the dangers of coming in contact with wild species.
Sad but i'm not one bit surprised we have come to this.
When we had the MERS and SARS epidemic was the time the world should have acted, yet no laws were put in place, deforestation continued as if nothing happened. Man still coming in contact with wild species and unknow pathogens, we still don't have a cure for HIV/AIDS. India having wild monkeys running around in cities and even having a temple for rats where they feed them milk . The Hanta virus comes from rats feces.
Last night was reading some latest papers in New England Journal of Medicine and they are nowhere near a vaccine, if they ever do. We might just have to live with it.
This virus is just complicated to crack. It also leaves those who recover with impairements, like kidney failure , Covid toes ( blue toes like frostbites ) permanent lung damage.
And how many more deadly viruses have we not discovered yet in the animal kingdom.
These are dire predictions, and they COULD happen.
But we MAY , just may have a chance if these 3 ,Cansino, Moderna, and Pfizer who are working tirelessly come up with a vaccine. Moderna has shown the most promise. Moderna's experimental vaccine mRNA-1273 is currently undergoing phase 1 clinical trials. The vaccine is composed of messenger RiboNucleic Acids -- which are chains of nucleotides containing genetic information for cells to produce the antigens encoded in its helical structure. Once the vaccine is administered to patients, the cells transcribe the genetic information from mRNA and produce the corresponding antigens on its surface. Then the body's immune system is able to recognize the antigens and generate antibodies to produce an immune response.
mRNA-1273 is specifically designed to target the spike protein (S-protein) found in COVID-19, which facilitates the virus's entry into host cells by mediating the attachment receptors between the two types of organisms. If the vaccine is successful, then it would induce the immune system to produce antibodies against the S-protein and completely disrupt COVID-19's replication process inside the human body.
Let's all hope this suceeds so we can all get back to a normal life and we learn from this once and for all.
We have to stop abusing and expoiting nature. PERIOD.
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TODAY
Are the markets finally catching up to reality.
I sense a very bad summer in the markets, but excellent buying opportunities coming up in the fall. https://markets.businessinsider.com/news/stocks/stock-market-outlook-6-reasons-for-more-selling-goldman-sachs-2020-5-1029188273#1-growing-infection-rates-outside-new-york1