Coronavirus - A pale horse,4 men and ....beer

[jimibt]

this was ALL i could find out about this conspiracy based news feed: https://mediabiasfactcheck.com/uk-column/

Shock!

likewise - it all sounded so plausable up until i did some fact checking

[Derek27]

There seems to be a scientific paper on this showing...

What do you mean seems to be, there either is or isn't. If there is it will be the paper the scientist rolls his cigarette with.

[Trader Pat]

There seems to be a scientific paper on this showing...

What do you mean seems to be, there either is or isn't. If there is it will be the paper the scientist rolls his cigarette with.

I think we've been here before with Alex and scientific papers.

[alexmr2]

this was ALL i could find out about this conspiracy based news feed: https://mediabiasfactcheck.com/uk-column/

I would rather listen to both sides and look at actual data to form an opinion than dismiss one side because a random website (which also says BBC and Sky have high accuracy and factual ratings) says so

All I see from the BBC is:

• Propaganda and never any mention of the extremely high survival rate, no mention that the average Covid death age is 84
• Zooming in and manipulating data (e.g. saying most deaths since WW2, reporting completely normal daily deaths without any context)
• No mention of the mass poverty, increased suicides, 10k undiagnosed and untreated kids with cancer in the UK + all the other bigger killers which are going untreated
• No mention of vaccine side effects
• Saying the NHS is under pressure but not showing that capacity has been shut down on purpose to create an illusion
• No mention of the complete disappearance of flu deaths since March 2020
• No mention of the innacuracy of testing kits which was even admitted by the WHO and manufacturer themselves
• Refusal to show the bigger picture e.g. never make comparisons to previous years or beyond the 5 year average
• No acknowledgement of Sweden's completely normal total deaths with minimal restrictions, no acknowledgement of Spain having thousands less deaths in 2020 than 2018 and 2019 (just trying to portray the opposite), no mention of the UK deaths in 2020 placing only 9th highest since the year 2000
• Complete censorship of UK lockdown protests

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[alexmr2]

I''ll leave you with a trading thought, as we know the real money doesn't lie

If this virus is so deadly and truly is going to decimate the older half of the population, then why aren't life insurance companies going bankrupt? And why aren't funeral companies booming in the stock market?

stocks.png

[Trader Pat]

You need some new material Alex

[jimibt]

I''ll leave you with a trading thought, as we know the real money doesn't lie

If this virus is so deadly and truly is going to decimate the older half of the population, then why aren't life insurance companies going bankrupt? And why aren't funeral companies booming in the stock market?

stocks.png

i'm no expert, but i'd say that in the case of insurance companies it's down to a mix of withdrawing market products (which could sting) and raising premiums. rocket and science in perfect harmony!!

[alexmr2]

I found this quite interesting and it demonstrates how much the mainstream media has skewed people's opinions.

On average, people still think that they have a 16% chance of dying from coronavirus. Sorting this by age, you can see that those under 40 think that they have around 11% chance of dying, while 40–50-year-olds think their chance of dying is around 12%.

We know that the CDC’s current best estimate of the Infection Fatality Ratio (IFR) for those 20-49 is 0.02%. This means that people under 50 are overestimating their perceived chance of death as 500-600 times greater than it actually is, and this is assuming that the PCR tests are accurate which is disputable.

perceived.jpg

https://covid19pulse.usc.edu/
https://www.cdc.gov/coronavirus/2019-nc ... ml#table-1

[Derek27]

I would rather listen to both sides.....

...and then believe the one that I like - ignore the one that I don't.

[Derek27]

I''ll leave you with a trading thought, as we know the real money doesn't lie

If this virus is so deadly and truly is going to decimate the older half of the population, then why aren't life insurance companies going bankrupt? And why aren't funeral companies booming in the stock market?

stocks.png

Do you know what percentage of their capital is invested in life assurance payouts to covid victims?

[Derek27]

I found this quite interesting and it demonstrates how much the mainstream media has skewed people's opinions.

On average, people still think that they have a 16% chance of dying from coronavirus. Sorting this by age, you can see that those under 40 think that they have around 11% chance of dying, while 40–50-year-olds think their chance of dying is around 12%.

We know that the CDC’s current best estimate of the Infection Fatality Ratio (IFR) for those 20-49 is 0.02%. This means that people under 50 are overestimating their perceived chance of death as 500-600 times greater than it actually is, and this is assuming that the PCR tests are accurate which is disputable.

perceived.jpg

https://covid19pulse.usc.edu/
https://www.cdc.gov/coronavirus/2019-nc ... ml#table-1

You need to read your charts more carefully Alex. It says getting OR dying from the coronavirus.

[Derek27]

Over 95% of the world’s population has health problems, according to this article. I can well believe that given that I have high blood pressure and most people I know have one problem or another.

https://www.sciencedaily.com/releases/2 ... 081753.htm

So much to your idea Alex, that not many under 65s without health problems die from it and that only 95% of the population should isolate - while the other 5% stave because all the supermarkets are unstaffed.

[alexmr2]

I found this quite interesting and it demonstrates how much the mainstream media has skewed people's opinions.

On average, people still think that they have a 16% chance of dying from coronavirus. Sorting this by age, you can see that those under 40 think that they have around 11% chance of dying, while 40–50-year-olds think their chance of dying is around 12%.

We know that the CDC’s current best estimate of the Infection Fatality Ratio (IFR) for those 20-49 is 0.02%. This means that people under 50 are overestimating their perceived chance of death as 500-600 times greater than it actually is, and this is assuming that the PCR tests are accurate which is disputable.

perceived.jpg

https://covid19pulse.usc.edu/
https://www.cdc.gov/coronavirus/2019-nc ... ml#table-1

You need to read your charts more carefully Alex. It says getting OR dying from the coronavirus.

The black line is the perceived chance of dying and the blue line is the perceived chance of getting it

[sionascaig]

I''ll leave you with a trading thought, as we know the real money doesn't lie

If this virus is so deadly and truly is going to decimate the older half of the population, then why aren't life insurance companies going bankrupt?

Because if you have an insurance product and are already "old" the liability will be fully reserved.

Assurance companies constantly review their mortality assumptions and for most people these days the charges come directly off their funds, i.e. there is no gtee on mortality charges. For older products where there is a mortality gtee the life company in general will just make less profit than expected (it is small beer compared to charges / expenses)...

Re funeral business. I don't know if you have noticed the pics of mass graves and restrictions on funerals across the world - not an ideal place for a funeral company to make money, in fact they will be losing future income streams.

And in David Bowies case they got almost heehaw (just the crematorium cost c£800 to £1200) - do you really need a funeral?

[Derek27]

I found this quite interesting and it demonstrates how much the mainstream media has skewed people's opinions.

On average, people still think that they have a 16% chance of dying from coronavirus. Sorting this by age, you can see that those under 40 think that they have around 11% chance of dying, while 40–50-year-olds think their chance of dying is around 12%.

We know that the CDC’s current best estimate of the Infection Fatality Ratio (IFR) for those 20-49 is 0.02%. This means that people under 50 are overestimating their perceived chance of death as 500-600 times greater than it actually is, and this is assuming that the PCR tests are accurate which is disputable.

perceived.jpg

https://covid19pulse.usc.edu/
https://www.cdc.gov/coronavirus/2019-nc ... ml#table-1

You need to read your charts more carefully Alex. It says getting OR dying from the coronavirus.

The black line is the perceived chance of dying and the blue line is the perceived chance of getting it

That is an American survey - full of people who believe Trump won the election so it doesn't say much.