Highmark

What are they doing different than us?

More comparing the number infected predictions based on how many got H1N1. We did nothing then and it didn't infect 200 million...not even close. If the numbers are accurate.

Possibly and while I don't like it or think its by any means good other countries are already much higher and not failing......yet.

Its from the article. Not saying I believe anything out of China but I'd look at our previous outbreaks and actions. In 2009 it was estimated 61 million Americans acquired H1N1 and we did relatively NOTHING to stop the spread. Yeah this might be more contagious but the attempt to stop the spread is unprecedented in American life. If this still infects 200 million American's then there is no hope for a really serious one. It will kill 1/4 of the worlds population.

Question is how long must we operate this status to achieve a relatively low impact?

Reality or common sense says is it does raise some valid questions. I had not heard any predictions this dire in the US. Have heard as many as 750,000K and Bernie said as many as the US lost in WW2 4-500,000. Worst-case scenario, COVID-19 could infect between up to 214 million people over a period of more than a year — and kill as many as 1.7 million Americans. The New York Times used an even more dire model: 2.1 million dead. Let’s back up a second. China has a population of 1,437,722,468 as of Tuesday, based on Worldometer elaboration of the latest United Nations data. COVID-19 was born there, with the first case being diagnosed on Dec. 1. On Tuesday, there were 81,054 confirmed cases of the virus, according to Johns Hopkins Center for Systems Science and Engineering. Of those, 68,798 recovered, while 3,230 people died (the remainder were still active cases). So that means the infection rate in China was just .006%. How, then, are the “experts” forecasting that well more than 50% of the 320 million people in America — where people already wash their hands incessantly and use Purell nonstop — will be infected? Again, look at the numbers. The virus pounded China from December through the third week of February — more than 10 weeks in all — before it leveled off (if you can believe the communist leaders’ claim). In the Hubei province, just more than 11% of the nearly 60 million residents were infected. And that was ground zero. The spread of COVID-19 in China began leveling off a week before February ended. It topped 80,000 on March 1, but 14 days later it was still less than 81,000. The curve had flattened

For most of us it MIGHT not be any impact. For some industries they will see gains however short lived (consumer staples, food). For some industries (entertainment/travel) its going to be devastating. Almost to zero. Hard to fathom going strong to zero in a matter of a few weeks with ZERO way of anticipating it.

Agreed. I don't approve of whats being discussed. I understand why but I'd prefer other ways.

No it hasn't. Lots of people still working. Lots of economic activity is still going on. Has it shifted from say "entertainment" to staple goods...yes, but there is still a large majority of economic activity going on.

This will set us up for dangerous way more American's look at the govt than even before. In this case the focus at most should be on those losing their job not just a across the board check to everyone or by income.

Not a boomer but I'll giver er a go. Our debt to gdp ratio is far below some countries that have yet to fail. Japan is 2.5 times ours at 250%+. Hell even maple syrup land is worse than ours at 115%. Ours is around 105-110%. Most European countries are worse than us in this regard by a considerable amount. The world better not hope we go because few will be left standing after we do. https://worldpopulationreview.com/countries/debt-to-gdp-ratio-by-country/

I do not agree with the stimulus package or talk of payments to tax payers now anymore than I did in 2008, at least not without some level of cutting spending elsewhere.

(knocks on wood) Not much beyond friends and family being healthy.

Is that bragging?

My general investment strategy is doing better than the average. Plenty read this early and will come out extremely well if they time the bottom closely. This year is gonna hurt for sure but with how well things had been going market wise and hopefully a strong rebound will make it much less painful even rewarding.

In some ways it does. Some investors will come out of this better than others including those that hold the course of which he's ALWAYS been a proponent on here. Seems you took it a bit too far or personal. My assessment of who all are the successful business owners on here has to put you right near or at the top. I didn't just come to think that for no reason and again I don't feel you are a bragger at all.

SMH. Go back to complaining about MMCC while producing Styrofoam.

Can you show me where he is talking specific dollar figures? What's the big deal about being confident in your investment strategy? Are you not confident in your business strategy. Sure seems like it on here and I don't feel that's bragging at all.

Honestly Anler I don't feel he brags that much at all. He does a bit about some % gains but I don't recall him giving many $ figures on here at all. You did once but I don't consider you a bragger by any means either.

Boeing looks to be in really bad shape. I'm guessing most on others on the list you posted are as well. I'm just making a comment on debt/ebita isn't always a great way to analyze a company. I have large customers that make me fill out financial stability survey's every year. That question is never on them.

Agreed.

The snowball effect to many portions of the economy is troublesome. Lets hope we start to hear some good news medically about the virus by next weeks end.

Keep in mind this is not calculating any cash reserves or other short term liquid assets. This formula simply takes into account long term debt+ short term debt and ability to pay it off with normal operations. (EBITA). Not saying that don't put some of these companies in tough financial situations but a larger picture needs to be assessed. Ford in November had $37 billion in Cash Reserves alone not counting other ST investments. Boeing over $10 billion.

Thats unreal for a Wednesday morning. Unreal.

And that's the last sentence in the article.