Stupid conspiracy theories - Printable Version
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RE: Stupid conspiracy theories - OutsiderFan - 04-27-2020
Here's another bunch of bullshit. Daily Caller (you should never trust anything from this "source") claiming lockdowns are responsible for pending food supply chain disruptions, when failing to adequately protect workers is the reason:
[tweet]https://twitter.com/DailyCaller/status/1254806298266341377[/tweet]
RE: Stupid conspiracy theories - magnus - 04-27-2020
Conspiracy theorists (and CCP) are blaming this lady for bringing the virus to China
https://www.cnn.com/2020/04/27/tech/coronavirus-conspiracy-theory/index.html
Quote:It wasn't until March, months after the first reported coronavirus cases in China, that conspiracy theorists turned their focus to Maatje Benassi. The baseless theory began with her participation in October in the Military World Games, essentially the military Olympics, which was hosted by Wuhan, the Chinese city where the coronavirus outbreak began last year.
Maatje Benassi competed in the cycling competition there, suffering an accident on the final lap that left her with a fractured rib and a concussion. Despite the crash, Benassi still finished the race, but it turned out to be the start of something worse. While hundreds of athletes from the US military took part in the games, Maatje Benassi was plucked out of the group and given a starring role in the conspiracy theory.
She is now worried for her safety as her home address has been publicized.
RE: Stupid conspiracy theories - Mick - 04-27-2020
(04-27-2020, 06:56 AM)stupac2 Wrote:(04-26-2020, 09:43 PM)Goose Wrote:(04-26-2020, 08:51 PM)stupac2 Wrote: Basically, with inflation and interest rates very very low it seems like the real worry is doing too little vs too much.The problem is that if you do things that don't actually stimulate the economy, you create debt with little or no benefit. While inflation won't happen immediately, it will if you keep applying the money flow and nothing happens. Argentina basically is a good example of this. People were so afraid of inflation that hadn't yet happened, they fled the currency. The only thing that may save us is that there is no place to flee towards. That said, there are other options besides V and Nike. The "down and stays there" option exists. That is basically what happened in the Great Depression.
The issue of debt is one of the reasons I like the idea of doing it via the fed so much, increasing the monetary supply doesn't make any debt, the only potential downside is inflation, which will show up rapidly and the fed can respond rapidly. If we start seeing inflation creep much above 2% then the economy has probably recovered and we don't need the special measures anyway.
As stated elsewhere, I think deflation is far more likely than inflation. BTW, Financial Times agrees, Barron's does not.
Velocity (cycle rate of currency through the economy) has been dropping like a rock since the mid-90s. I haven't been able to find 2020 stats, but I suspect that they have cratered. 1/6th of our employees have been let go, the other 5/6ths are petrified and saving everything they can, and companies have extended payables. No cash is moving through the economy. We'll get, I suspect, a "dead cat bounce" of an economic "recovery" in which I suspect that we'll have a Nike swoosh-style recovery...long, painful, slow; rather than a "V" shaped bounce to the recovery.
All of those dynamics points to deflation rather than inflation. I think we only see inflation if we have prolonged, severe food shortages.
RE: Stupid conspiracy theories - OutsiderFan - 04-30-2020
For those conned into believing the "it was made in a Chinese lab" propaganda:
[tweet]https://twitter.com/TheRickWilson/status/1255871370493333505[/tweet]
RE: Stupid conspiracy theories - 2006alum - 04-30-2020
Speaking of conspiracy theories and nationalist propaganda, here's China's latest entry in the escalating blame game:
[tweet]https://twitter.com/SamanthaJPower/status/1255866849553715201?s=20[/tweet]
(Needless to say, it does not present the U.S. in a great light...)
RE: Stupid conspiracy theories - OutsiderFan - 04-30-2020
I loathe China, but that video is funny. Lots of truth, but to get the full picture, you need to include the fact China muzzled doctors and nobody on Earth believes its data is accurate about cases and deaths.
The bottom line is both countries (most?) are afraid of the truth.
RE: Stupid conspiracy theories - BostonCard - 04-30-2020
Agree with Samantha Power. One can be critical (as I have been) of our own response but that doesn't absolve China of its own responsibility here. Their smugness is pretty rich.
WRT to the origins, it's a bit disconcerting that intelligence agencies are being pressured to find evidence that the virus started in a Chinese lab.
https://www.nytimes.com/2020/04/30/us/politics/trump-administration-intelligence-coronavirus-china.html
Separately, it would seem like now would be a bad time to withdraw funding from a project to look at bat coronaviruses:
https://www.npr.org/sections/goatsandsoda/2020/04/29/847948272/why-the-u-s-government-stopped-funding-a-research-project-on-bats-and-coronaviru
even if the project has links to the Wuhan institute of virology.
BC
RE: Stupid conspiracy theories - oldalum - 04-30-2020
(04-30-2020, 02:15 PM)BostonCard Wrote: even if the project has links to the Wuhan institute of virology.I would say, especially since the project has links to the Wuhan Institute of Virology! That would give us an "in" to help prove that the WIofV was responsible for the Covid-19 outbreak. We just need to plant a U.S. civilian biomedical researcher as a secret CIA informant into the project, who could get inside the WiofV and skulk about for evidence. Such a person would have to be suave, debonair, and have the moxie and smarts to pull it off. If I'm not mistaken, that job description fits our very own BC to a T!
RE: Stupid conspiracy theories - 2006alum - 04-30-2020
[tweet]https://twitter.com/thehill/status/1255985810060574720?s=20[/tweet]
So notwithstanding news that he's been pressuring the intelligence community to reach the conclusion that SARS-COV-2 originated from a lab in Wuhan, and notwithstanding news reports that intelligence officers have reportedly pushed back because there is no evidence of it, we're now supposed to believe him despite the fact that he's "now allowed to tell you how I know that." Sure - with his track record of lying, who could possibly question his credibility?
RE: Stupid conspiracy theories - BostonCard - 04-30-2020
Forgot to link this paper:
https://www.nature.com/articles/s41591-020-0820-9?fbclid=IwAR1Nj6E-XsU_N6IrFN1m9gCT-Q7app0iO2eUpN5x7OSi-l_q6c1LBx8-N24
Quote:The genomic features described here may explain in part the infectiousness and transmissibility of SARS-CoV-2 in humans. Although the evidence shows that SARS-CoV-2 is not a purposefully manipulated virus, it is currently impossible to prove or disprove the other theories of its origin described here. However, since we observed all notable SARS-CoV-2 features, including the optimized RBD and polybasic cleavage site, in related coronaviruses in nature, we do not believe that any type of laboratory-based scenario is plausible.
Sounds about right.
BC