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The fed bailed out the fucking junk bond market, but we'll see lots of legit companies go bankrupt in the next few years as this plays out. Politicians have co
by dilandau 6y ago
The fed bailed out the fucking junk bond market, but we'll see lots of legit companies go bankrupt in the next few years as this plays out.
Politicians have confused the shutdown. It was intended to reduce the likelihood of overwhelming the hospitals, but it seems it's been interpreted as protecting people from getting infected. That was never going to happen, but nobody wants to talk about it.
- treyfitty 6y agoWhat do you mean? Hospitalizations are a function within the funnel. As more people get infected, more people get hospitalized. So, by protecting people from getting infected, you’re protecting from hospitalization. Idk what you’re trying to get at.
- jackcviers3 6y agoFlattening the curve doesn't reduce the total number of infections over the entire period of the pandemic. It just reduces the rate at which people get infected so that resources can be manageable [1]. This does reduce the total number of deaths, however, as more resources are available to help the infected. 1. https://www.wired.com/story/the-promising-math-behind-flattening-the-curve/ https://www.wired.com/story/the-promising-math-behind-flatte...
- treyfitty 6y agoI see what you mean now. I think the sense of urgency placed by politicians is in the right place- some understand that hospitalizations at time t (now) need to be controlled, and they've simplified the language to seem as if they are concerned about infections at this very instance for the sake of brevity. It wouldn't be a stretch to say that reducing infections RIGHT NOW directly leads to reducing hospitalizations, so I can't blame politicians for mixing up the language.
- deleted 6y ago[deleted]