CandyApples wrote:OK...anyone worried now?
Worried? About what exactly?
For me this has been a great opportunity to invest discretionary cash into stocks. The media-fueled panic has created a massive sell-off that only comes around once every few decades.
This past weekend restaurants began opening again here in China. For the first time in roughly five weeks I went out with friends for a nice dinner. We had Korean BBQ.
In China, a country with 1.4 billion people, the death toll from the virus is around 4,000. It could have been much higher, but the quarantines, checkpoints, shutting down buses, etc. limited the spread.
I suspect similar actions will take place in countries around the world and within a matter of a few weeks and then life will go on. People that panicked and spent money will
I do have some very, very limited concern over one of my parents, only because they are in the highest risk category (old age + underlying medical conditions). But, my concern doesn't make me advice them to go buy worthless loads of cleaning supplies and toilet paper.
Here is a serious question for reflection...who specifically is making you worry? Why did you go shopping? Why did you participate in the panic?
Here is a link I use each day:
https://geoawesomeness.com/track-china- ... ath-wuhan/This link is why I do not panic. Less than 200,000 cases worldwide and China is already in recovery. Italy really screwed things up, but even in Italy we are talking a fraction of the population is infected.
Anyway, I wish people would stop overreacting and stop spreading fear, but the silver lining is it is making me money.