Give it to me straight /biz/ how bad will this Depression get?

[Anonymous No.18033614]

will it be Great Depression tier?

[Anonymous No.18033675]

>>18033614
it depends on how fast we get a cure for the virus.
Great depression tier? No, the great depression didn't have an airborn super virus that turns the host's lungs into jelly.
This could be, worst case scenario, civilization ending tier.

[Anonymous No.18033698]

>>18033675
Hello alien fren.

[Anonymous No.18033754]

>>18033675
>civilization ending tier
>boomers dying, less than 1% of young people dying
Hardly civilization ending. If anything, civilization is going to become the greatest it has ever been once this retarded shit passes. People didn't have the internet during the great depression. People couldn't work from home during the great depression. People couldn't order fucking groceries online during the great depression. There is absolutely a 0% chance that a great depression on the scale you are speaking will ever happen again. Sure, rich people might lose a lot of fucking money, but there aren't going to be people dying from starvation because of a stupid little chink virus. The world is going to be a lot better off not having to deal with a bunch of old fucking leeches. Every boomer that bites the dust is one less I have to pay for.

[Anonymous No.18033832]

>>18033675
Absolute hysteria, I know people that already had it, they said it was nothing and 100% recovered in a week.

[Anonymous No.18033874]

>>18033698
>>18033754
>>18033832
over 30% of people under the age of 35 who catch the virus die
You are all blinding yourselves to the objective severity of the situation.

[Anonymous No.18033911]

>>18033874
That number seems way too high. Im sure its higher than believed atm, but if it killed young people like that then the global death toll would be way higher.

[Anonymous No.18033926]

>>18033614
my uncle from the UK called and he said they already have food shortages so pretty bad.

[Anonymous No.18033938]

>>18033911
10yo girl died in Panama from it today they have under 100 cases

[Anonymous No.18033940]

>>18033874
You are literally retarded. 80% of cases are mild or asymptotic and you're saying 30% of the healthiest age group is dying? Neck yourself.

[Anonymous No.18033961]

>>18033874
Lies, lies, lies. You're fear mongering out of ignorance or on a payroll.

[Anonymous No.18033966]

>>18033874
Got any proof for that?

[Anonymous No.18033976]

>>18033614
the stock market's percentage tank and unemployment numbers are at levels they were multiple years into the great depression, what do you think?

[Anonymous No.18033991]

>>18033938
>10 year old in literal 3rd world country dies
Well fuck, I'm convinced. Bring out the national guard, boys. Shoot on sight for anyone seen breaking quarantine.

[Anonymous No.18034004]

>>18033614
Doomers are jacking off at this, but the reality is, like everything, it will pass.

IFR and CFR are far from each other right now, but it is most likely that IFR is around 1%, if not lower. Italy's #deaths is so high because they are not accounting for comorbidities. The average age of the dead in Italy is around 80, and the over half of the deceased had 3+ simultaneous disease. Italy's 2nd derivative in cases has already been negative for the past few days, meaning they are approaching leveling in the coming weeks.

In the USA, our people are obese but not as old. We will likely have far below 50k deaths once this whole thing passes.

Biggest thing will be how this shutdown affected businesses. We will most likely see contraction for Q1, Q2, and expansion for Q3, Q4

[Anonymous No.18034024]

>>18033991
you retard, it means if you get it, it might not be mild just cause you're young + after 7 days of "it's nothing just a cold" you might still develop pneumonia & then die when your lungs fill with fluids & your organs fail after another 7 days

[Anonymous No.18034049]

>>18033754
what's wrong man? Mommy didnt let you suck on tits enough?

[Anonymous No.18034072]

>>18034024
Listen bro, I know you need a job. But can't you do something honest for a living instead of deceiving people online?

[Anonymous No.18034105]

>>18033614
tough times never last
only tough ppl last

[Anonymous No.18034152]

>>18034004
It's literally pneumonia.

[Anonymous No.18034162]

>>18034024
Yeah and your testicles will fall off on the second time that you contract it. Fuck off.

[Anonymous No.18034190]

lol all of these toilet paper hoarding preppers fearmongering to cope. its really not that bad.

[Anonymous No.18034211]

Here's what you should know: If your life SUCKED before this virus, you have the time now to LEARN, WORK OUT (from home) and improve. By the time this is over, your life can change for the better.

[Anonymous No.18034252]

Presuming a cure happens, it's still going to have devastated the US Economy (and presumably the global economy as well) and we haven't even seen the worst effects yet.

As of right now, hospitals getting flooded and swamped with people means more and more groups of people are getting infected simply because they want to make sure they aren't infected. Asymptomatic carriers continually mingle and spread the disease because they don't "feel" sick when it takes weeks of gestation to actually begin affecting the body. Even after we've seen the mythical "cure" just appear someday, you'll have people walking around acting like this virus never existed, coming in contact with either asymptomatic carriers or people in later stages, thus enflaming the situation when you start seeing elderly get infected under the presumption of "Oh I can just take the cure and I'll be fine!". That's not how viruses work, and you'll see the second wave (out of several) of quarantines, shutting businesses down yet again.

The mass-layoffs presently occurring are reactionary, and soon they will spike when it becomes layoffs based on necessity and incapability of running businesses, meaning unemployment levels eclipsing the Great Depression in a society where inability to pay for basic essentials has virtually zero alternatives. People are not going to be eager to start new businesses on the local level due to lack of lower class income, and this will lead to stagnation around the bottom. The only people who will have a constant flow of income are "essential" businesses, streaming/virtual services, and a small minority of entertainment businesses. All of this is presuming we do not see riots and looting due to all of the impending resource depletion and fallout.

We haven't even gotten over the hill to see how bad the horizon can be yet, and we already can smell the smoke. It's going to be hell. Maybe not apocalyptic, but it will absolutely be terrible in the best of situations.

[Anonymous No.18034268]

my company is slashing a bunch of employee salaries to survive having to put projects on hold
what do?

[Anonymous No.18034327]

>>18033614
Un ironically this depression will be The Greatest Depression
Extreme levels of debt economic activity tanked. This is unprecedented in recorded history

[Anonymous No.18034344]

>>18033754
Obvious kike shill

[Anonymous No.18034363]

>>18033961
His numbers are retarded but it's the nothingburger fsggots who are literally being paid.

[Anonymous No.18034368]

its not anything like the great depression until women start miscarrying due to poor nutrition/starvation

[Anonymous No.18034390]

>>18033614
Look at what the hysterical are saying and then look at what the deniers are saying.

The answer is somewhere in between.

[Anonymous No.18034407]

>>18034004
No you retard Italy is doing it right, the rest of the world is doing it wrong. Comorbidity is such a huge broad term that almost everyone had a few. The germans are going "hmmm she had high blood pressure doesnt count as a Corona death" not to mention the fact that they literally stopped counting many of the bodies and its grossly underestimated. I know you kikes are desperate to save your ponzi scheme but it's coming down whether you shill or not.

[Anonymous No.18034430]

https://m.youtube.com/watch?v=cnJ-Uc8qQaE

NEETS will be fine, just a small hill to climb back to prosperity

[Anonymous No.18034431]

>>18034327
Once the world abandons the dollar shit is going to get REAL.

[Anonymous No.18034452]

>>18034390
>Hystericals are saying the world is literally going to be brought to its knees mad max style
>Deniers are saying literally nothing will happen and in two weeks the virus will vanish from the face of the earth and business will return as normal

I really don't like those odds

[Anonymous No.18034467]

>>18034004
capped

[Anonymous No.18034492]

>>18034363
Nah, they're trying to create panic and fear. Those are the shills. It's literally a nothing burger. The economic situation that this event is revealing is a real problem though.

[Anonymous No.18034495]

>>18033614
Infinite QE doesn't seem to be helping.

[Anonymous No.18034555]

>>18033874
DELET

[Anonymous No.18034655]

>>18033614
Worse.
China took about 2 months to get over the virus.
If it takes the rest of the west to do the same. It's going to be dire.

[Anonymous No.18034761]

>>18034004
The real threat of the coronavirus isn't how deadly it is, but how infectious it is. If we assume only half of America(372 million people) gets infected, 1% of that is still ~1.9 million dead, and the reality is that number will probably be higher. Why? Because modern medicine can save a lot of people who get critically ill, but there's only so many ventilators, only so many ICU's, only so many trained doctors and nurses. Once the hospitals are over-capacity, like in Italy, that's when the blood gates really open.

Invest in funerary companies.

[Anonymous No.18034802]

>>18033926
No we don't we just have retards buying extra food because they are retards

[Anonymous No.18034808]

>>18033614
worse

[Anonymous No.18034898]

Just cut medicare/Medicare/social security. Problem solved.

[Anonymous No.18034899]

Curing the virus isn't as big of an issue as 30% unemployment, or millions of people going bankrupt because they have no income, or large swings in inflation making what little money they do have worthless, or oil prices causing American oil companies to go bankrupt, or big banks becoming illiquid, or the government literally giving out free bailouts with no strings attached to shitty companies who actually DESERVE to go bankrupt because "we'll just get bailed out anyways so we can make poor financial decisions at the taxpayer's expense lol".

[Anonymous No.18034918]

>>18033614
worse

[Anonymous No.18035688]

>>18034761

There is not a single real world statistic you can cite that backs up 2 million deaths, 50% infections or any other bullshit you might think of. You want it to be one way, but it's just not.

[Anonymous No.18037018]

>>18034024
>you might still develop pneumonia & then die when your lungs fill with fluids
>>18034072
Yeah there is a lot of panicking going on right now, but I think a lot of people underestimate this likely death. I had bacterial pneumonia a couple years ago at like 20 and it kicked my ass. Just lying there in my bed, I was drenched in so much sweat it constantly felt like I just got out of a pool. I also coughed up a lot of shit. And that was able to be treated with antibiotics. Since this is a viral infection with no vaccine, you just gotta be able to stick it through, which wouldn't be hard under normal conditions because you could just go to a hospital and tough it out. Now everyone will probably be catching this virus at the same time due to piss-poor testing lead times resulting in asymptomatic people spreading it all around and you will got to the hospital, there will be no ventilators left for you because the thousands of frail boomers took them all, and now perfectly healthy middle-aged you dies because the virus happened gave you the deadliest symptom. Just so Larry could shitpost on his 'vette forum for 2 more years until he dies from a heart attack.

[Anonymous No.18037404]

>>18033614
It hasn't even begun...