This has some background explanations that help understand the Fed's panicky emergency meeting and slashing of interest rates.
They are worried about a crisis of liquidity in the financial markets, similar to the one that started in 2008 and forced huge measures by central banks to avoid a seize up.
The economic impact of the epidemic is hitting main street now, after all the panic and pain in Wall St and the world's financial markets.
Good read at the NY Times!
https://www.nytimes.com/2020/03/15/business/economy/coronavirus-economy-impact.html
Had the pleasure to pet two beautiful young Black Cats on Friday, which was also the 13th!
They are so lovely, these mini-panthers. 🙂🐈
#cats #mastocats #CatsofMastodon #meow #xp
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RT @CatDisapproval
Today is my human brother's birthday! There will be cake!
https://twitter.com/CatDisapproval/status/1239198312886083586
A nice read, article tells how an Italian family is coping with the changes in their lives under the CV spread. I found it intesting and inspired.
https://www.theguardian.com/world/2020/mar/15/life-lockdown-parma-italy-coronavirus
... and sure enough, on the 12th, we had 1697. https://www.worldometers.info/coronavirus/country/us/
(This source doesn't exactly match your data, but it shows the same curve.)
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RT @Nick__Bentley
buckle up y'all
https://twitter.com/Nick__Bentley/status/1238519763862724616
Best to be in our own countries when things are going weird like now. Glad I didn't travel.
@Lyudmila Encontre ahora la fuente del artigo arriba, y me parece mas detallado. Esta ahi: https://espanol.almayadeen.net/news/politics/1383512/interfer%C3%B3n-de-cuba-cura-coronavirus
I have found the source of the article mentioned in the previous post above, about the Interferon Alfa-2B new drug. The link in Spanish is listed above, we can also see it in a Bing English translation here:
Earlier this morning, @Lyudmila posted a link to a Spanish language blog, which talks about a new prescription drug developed and manufactured in Cuba, called Interferoan Alfa 2B, which seems to be effective in helping the more serious cases of Covid19.
The article mentions 1500 patients having been saved, and the drug being unique at the moment.
* Here's a Bing machine translation to English for easier access : https://www.translatetheweb.com/?from=es&to=en&dl=en&ref=trb&a=https%3A%2F%2Fcriticaalaeconomia.com%2F2020%2F03%2F02%2Fcuba-lo-hizo-1500-infectados-con-coronavirus-se-curan-gracias-a-medicamento-cubano
* Original in Spanish is at : https://criticaalaeconomia.com/2020/03/02/cuba-lo-hizo-1500-infectados-con-coronavirus-se-curan-gracias-a-medicamento-cubano
An article at The Guardian that deserves careful reading by anyone interested in Economics and international geopolitics, investement, finance.
There are some mentions that show a significant risk (other than stocks falling)
First Hand experience, posted on the Globe and Mail today.
"Tree planting has been the best (and the worst) time of my life "
"If We Ever Get to Mars, the Beer Might Not Be Bad"
"Here’s an interplanetary botany discovery that took college students and not NASA scientists to find: Hops — the flowers used to add a pleasant bitterness to beer — grow well in Martian soil.
“I don’t know if it’s a practical plant, but it’s doing fairly well,” said Edward F. Guinan, a professor of astronomy and astrophysics at Villanova University."
https://www.nytimes.com/2018/01/12/science/mars-plants-soil.html
Good article on the NY Times with data and insight on how the epidemic (and resulting travel slow down, cancelations, etc) is affecting Airbnb, its hosts and other large travel sites.
https://www.nytimes.com/2020/03/10/technology/airbnb-hosts-coronavirus.html
There was a request on an earlier post for some quantifiable measure of quality or otherwise of the head of the current US administration. The Washington Post keeps a database, notice its last updated January 16th, so current numbers would be higher yet.
https://www.washingtonpost.com/graphics/politics/trump-claims-database/
😜
From Garth Turner's excellent daily Blog, it's on today's post, a good read too.
Books, Bicycles & Cats, Life is Good. Books, hardcover. Bikes, Classic sport and Touring ones. Cats, any colour or size. Aquarius with Virgo rising. INTJ.
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