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Myriad
ParticipantBest video I seen so far is Chinese police destroying the automatic mah jong machines so villagers wouldn’t gather together.
LOL, wouldn’t it just be easier to confiscate them?ParticipantMy parents provide an interesting observation. Every 60 years, China has a major crisis.
1840 – Opium War
1900 – Boxer Rebellion
1960 – Great Leap Forward (aka Backward)
2020 – CoronavirusParticipantDoesn’t this type of crisis usually drive companies to diversify their supply chain even more?
Also, no school in Hong Kong until March!
ParticipantOne sneeze killed the dinosaurs!
Participant[quote=flu]Tesla also beat expectations. awesome..[/quote]
I guess at some point they will make a full year profit. But interesting that they have massive revenue increase, but still the same loss as 2018.
https://s.yimg.com/it/api/res/1.2/sLHB51Buf4jOVI4clmiXIQ–~A/YXBwaWQ9eW5ld3M7c209MTt3PTU1MDtoPTQwMA–/https://media.zenfs.com/en-us/us.finance.gurufocus/b4d4448dde54c3f945406f418e00055eAt least the graph looks better than WeWork, which were ridiculous.
ParticipantIt’s interesting that watch what’s happening as a case study in quarantining 1 billion people. At what point do people run out of food and the government has to create a system to distribute food to 30M people at home with minimal # of people. I guess a lot of instant noodles are involved.
ParticipantSo it looks like the problem is that China was slow to quarantine Wuhan. They should have done it before 4.5M people left the city. It’s hard to see how a significant portion of Asia will not be affected.
Definitely the Year of the Rat. Everyone in China is hiding like a rat.
So the CDC is still waiting for results for 73 out of 110 people in 26 states. Probably most of them are negative, but that’s a pretty big number for the US.
Participant[quote=gzz]One case in OC, one in LA. Time to shut down the 5.
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The mortality rate appears to be 4% in China based on open info. If it spreads across CA, I guess that will solve some of our housing shortages.ParticipantWould not be surprised if a significant portion of China’s cities will restrict intercity travel before this is over.
ParticipantFood safety and honest reporting of issues is one area China hasn’t quite figured out yet.
On the other hand, they are building a 1000 person quarantine facility in 6 days. And what other government can just lock down 8 cities with 20+M people right before The major holiday.But, yeah, people still go down to HK to buy as much foreign milk powder as possible. Not sure if there is still a limit of 2 bags.
The problem isn’t eating the weird animals. As long as they are inspected, kept in segregated and clean conditions, and managed properly. The issue is when all the animals are mixed together in small closed areas such as a market where the killing happens and things like blood get intermixed.
ParticipantI should learn to invest in things I don’t believe in, that don’t make a profit, and are anti-value investing.
Those seem to go up way more than the stuff I invest in.
Of course, when I go with that strategy, that’s when the market switches back to favor value investingParticipant. dup
ParticipantIt seems pretty obvious that governments will just create more money to ensure that there’s not a huge crisis that crashes the system.
Look at Japan with 250% of Debt/GDP, and they have basically 0% rates.
If asset prices and deflation really occur, governments will just give everyone the equivalent of cash to inflate asset prices back to normal.Participant[quote=flu]
Before it could work for you because the year you paid the property tax would be the year that they would go on your itemized deductions. For some it didn’t matter because you were getting hit with AMT… And now, it doesn’t matter as much because your SALT deductions are limited. I didn’t even both to itemize last year.
The standard deduction was a better option for me, and since I intentionally did very little donations, there wasn’t much worth itemizing.[/quote]Right, now it doesn’t matter. Maybe this is the year to go back to a normal schedule of paying property tax.
And the mortgage deduction isn’t worth as much to most filers – except for those well above standard deduction. -
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