Shorting oil was a great trade around a week ago. The real problems with the negative price risk for front month oil futures (due to storage shortages to receive oil inexpensively) meant that even unleveraged long holders of the front month contract like USO (before they changed their mandate like 3 times in a week) could lose more than everything. This got both the futures exchange and the fund managers spooked about a possible blowup next month and they now hold futures across the next 4 months and in particular not very much at all of the front month contract, which is more representative of spot prices but is also more volatile.
Idiocracy is on netflix?
2 Likes
I think it’s some kind of IQ test or a new natural selection program.
Still, I’m sure that if you injected enough disinfectant in, you’d have no more trouble with COVID-19. There maybe some slight side effects but no pain no gain, right?
Plus industrial disinfectants are much cheaper to produce than these expensive new drugs and vaccines so unless I’m missing something, it sounds like a win-win.
4 Likes
You quite clearly, merely for starters, are blissfully unaware of AOC.
Anyone wanting the straight dope on how much longer this pandemic will last has merely to consult Alexa:
I like what she said! Conservatives want it to end right now. Dems want it to go on… 
1 Like
WTF
really WTF
5 Likes
WTF to you first
seriously
Things certain to keep a pandemic going and deadly:
- “Opening up” the economy and relaxing social distancing;
- Using unproven drugs like hydroxychloroquine, designed for malaria
- Lack of testing
- Injecting disinfectant
- Listening to irresponsible advice
4 Likes
Where we sit now hasnt particularly stopped anything, including deaths.
All drugs were unproven at some point.
Testing is meaningless. You still have to do something with the data.
Death by bleach should put a huge dent in CV-19 death counts.
It’s equalyly irresponsible to insist that doing everything you can think of is essential, or you might as well do nothing at all. Contrary to some beliefs, there is a whole lot of middle ground. “Could” and “might” are not synonyms of “need”.
wha?
yes it has. It absolutely has
social distancing and lock downs have slowed the spread which has saved lives
edit: OK I see you used the word ‘stopped’. Yes the deaths have not STOPPED. YOu mean it hasn’t stopped ALL deaths? that isn’t / wasnt’ the expectation and you know that right?
What we are doing has stopped many 1000’s of deaths
doesn’t it go without saying that you do something with the data?
Or are you honestly implying that you think that they’d test people for COVID and then do zero with that information?
Either I’m totally missing your point here or your point is awful.
3 Likes
Yes, deaths have not stopped. And there’s no evidence that deaths have actually slowed, rather than the process of reach the total being prolonged. Less deaths per day over more days still equals the same total (speaking in general terms, of course).
No it doesn’t go without saying. Saying we need to identify and lock down hotspots, it goes without saying that testing is part of that. But the way most ramble on about testing, they’re on par with the underpants gnomes; gotta do something, but that’s the extent of the plan. A lot of it is simply ammunition for fearmongering (“See, it really is so terrible out there!”) or fear calming (“See, it’s really not that bad out there!”). And I mean random anonymous internet poster types; I’m sure the actual experts have a little more to their plan, but even then it can still go in any number of directions after the testing itself.
I disagree on both of these. If you kill more patients and kill them more quickly, there’s less possibility of them passing on the infection before death to visitors or healthcare workers.
Similarly if the crazy people kill themselves, there’s less infection spread (because the anti-vaxx MAGA-ers are most likely to be ignoring social distancing already).
Neither of those make the pandemic more deadly, they just make stupidity more deadly.
2 Likes
You really honestly believe this ? ?
Like you and me?
Or the random 1 in 1 billion flaming idiot on Twitter?
Thats what matters here. What the experts and leaders actually do and plan. Whether or not Joe Schmoe in Wisconsin realizes that you need contact tracing or not is pretty fucking meaningless.
1 Like
What’s to believe? The daily rate of increase in the total death count has slowed. Period. There’s no telling if the total is going to be one body lower that it would’ve been. So yeah, I guess I do “believe” that the results remain unknown.
What do you think the % chance is that this is the case?
50/50? 0.0001% chance this idea is right?
This isn’t really something that there is any uncertainty about in the scientific community. I mean other than that one study cited one time by someone that postulated that “hey lets do nothing and let it run its course cause it will probably turn out fine”.
This seems more like climate change deniers or people who think 2nd hand smoke is probably harmless or honestly more like flat earther thinking.
I mean nothing is certain… and anything can happen but this seems like me saying that Social Security funds might last forever and in fact could end u with a trillion dollar surplus by the time we die…
1 Like
Lel. Trump: Post office should raise package delivery rates by 4-5 times.
Yes… 500%-600% rates…
Maybe with zero normal packages shipped they can start shipping out ingest-able light bulbs and bleach injection kits.
And… Trump:“I was asking a question sarcastically.” LMAO. nice try
2 Likes
Spot on. They hope the continuing economic catastrophe will deep six Trump’s victory chances. All they care about is winning the election. If Biden can find a way to win, to them nothing else whatsoever will matter. And if Biden loses they will impeach Trump again, if they win the House, before the inauguration.
To be fair (and I’m NOT trying to defend it), does “disinfectants” have to be limited to consumer janitorial products? It is a perfectly good concept, if you ignore the fact it’ll kill you much quicker and much more certainly than the virus ever will.
Again, I immediately envisioned using a neti pot full of clorox to rinse your lungs, too. I’m not denying that was a huge…umm…well…I really dont know what it was. But the thought of developing something safer that has a similar effect isnt exactly outrageous. In fact, I’d bet anything that there’s a researcher out there somewhere currently trying to develop just such a medicine/device (even if “nowhere close” is being generous to their potential for success).
On the other hand, dragging this out through the summer means that in the fall we’ll see a sudden surge in job creations (offsetting the current cliff job losses have fallen off). Which would be a huge boost towards re-election.
If that’s their only priority, then “letting” trump get things back to normal would be the smart move, letting the so-called “second wave” hit right during the election’s home stretch.