smallgovt

15 ms·

91.
by smallgovt 7y ago
You don't think the markets would skyrocket if a real cure that is easily manufactured was discovered today? Sure, there's still a lot of pain to follow but the markets have priced in a lot of really bad scenarios where the virus
92.
by smallgovt 7y ago
From the paper, "At day6 post-inclusion, 70% of hydroxychloroquine-treated patients were virologicaly cured comparing with 12.5% in the control group" Sample size is only 36. 20 treated patients. 16 control.
93.
by smallgovt 7y ago
Given that markets didn't react to this news 11 hours ago, I think it's safe to say that this doesn't have significant prospects of being a real cure.
94.
by smallgovt 7y ago
To be clear, this bill doesn't set aside more money to loan to small businesses. It only did two things: - made the existing SBA Disaster Loan program available to businesses affected by CV19 - added $20M to help w/ administration
95.
by smallgovt 7y ago
SBA disaster loans all require personal guarantees. So, you can't get run away from the debt by declaring business bankruptcy. You'd also have to declare personal bankruptcy.
96.
by smallgovt 7y ago
What's a better alternative? Although loans are a bad solution for the type of restaurant you described, they are great solutions for small businesses that have predictable profits, of which there are many.
97.
by smallgovt 7y ago
SBA loans are backed by personal gaurantees. In other words, the business owner is on the hook if the business goes bankrupt.
98.
by smallgovt 7y ago
I think you're overestimating the magnitude of lost revenue. We're talking about 1 month of lost revenue. A profitable restaurant's unit model might be: 10% net profit, 30% COGS, 30% fixed cost, 30% labor cost During this on
99.
by smallgovt 7y ago
If there's a silver lining, it's that takeout is higher margin for restaurants and I'm sure takeout revenue is spiking during city shutdowns.
100.
by smallgovt 7y ago
Not to trivialize the numbers, but people still have to eat, so these dollars are largely being re-allocated elsewhere, primarily to takeout, food delivery, and grocery stores. Other sectors that are service-based represent real net loss i
101.
by smallgovt 7y ago
I think you're conflating what the general public believes with what those in control believe. It is in the public's best interest for the general public to only worry about what is within their control (so as to avoid panic). Th
102.
by smallgovt 7y ago
Can independent contractors (e.g. gig workers) apply for unemployment benefits?
103.
by smallgovt 7y ago
This seems to be for employees only. Are there benefits that are accessible to independent contractors like gig economy workers?
104.
by smallgovt 7y ago
Service-based professionals who live paycheck by paycheck are screwed. What can the government do to get aid to these individuals ASAP?
105.
by smallgovt 7y ago
The outage seemed to be limited only to SSL requests. Since all non-ssl requests to .heroku.com are forcefully redirected to ssl, all .heroku.com requests failed during the outage. We were able to handle requests at our http:/&#x2F
106.
by smallgovt 7y ago
Fundamentally? Maybe nothing. I was responding to the parent comment which claimed there's no real reason for China to under-report numbers.
107.
by smallgovt 7y ago
Yes, but pretty much all asset classes are getting hammered except gold.
108.
by smallgovt 7y ago
It makes China look better on the global stage if they do a better job containing the virus than democratic nations. I wouldn't call that a little point.
109.
by smallgovt 7y ago
Actually, I think it's likely going to be seen as an overreaction in hindsight by the general public (even though it may not be). If these actions are successful in curbing the virus' spread, most people won't appreciate how
110.
by smallgovt 7y ago
Props to the Sequoia partner who led PR for this.
111.
by smallgovt 7y ago
Just because Uber hasn't turned a profit doesn't mean they aren't worth $xxB. If you actually believe Kalanick cashed out his shares at an overvalued price, go short Uber and make tons of money. That said, you're probab
112.
by smallgovt 7y ago
Who really cares if it was empathy or not? I think the world would be a better place if we judged people based on action rather than intention. Intention is complex and hard to determine.
113.
by smallgovt 7y ago
> even though it's probably PR-driven, if we're being honest Thank you for judging people/organizations based on their actions and not their intentions. Intentions are complex and hard to accurately determine.
114.
by smallgovt 7y ago
Could you provide a source for the 15% statistic (that need oxygen assistance)? Also, is it not possible to provide this oxygen assistance/therapy at home without hospital intervention?
115.
by smallgovt 7y ago
If you really believe what you're saying, don't worry about timing the bottom. You're arguing that the current state of the markets is already a huge overreaction. Just buy into an index tracking one of the hard-hit sectors
116.
by smallgovt 7y ago
The travel sector has been hit the hardest, so you should buy into ETF's like XTN that track the consumer travel industry.
117.
by smallgovt 7y ago
You can garnish future wages. That said, if he actually has <100M in assets, I also think that seems over-bearing.
118.
by smallgovt 7y ago
Uh, no, Uber doesn't have to guarantee full-time work regardless of employee or contractor classification -- hence the term "part-time employment".
119.
by smallgovt 7y ago
In all likelihood, moving drivers from contractor to employee status will result in lower pay for drivers. Uber won't foot the larger employment tax bill. They'll just lower driver wages and increase customer prices.
120.
by smallgovt 7y ago
I'm sure the amount of attention he dedicated to his tweets was vanishingly small compared to his startup. Why did his tweets trigger you?

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