Black Monday

**Cadalac123** · 12-03-2020, 06:26 AM

Nice! Cases rose 20percent in the UK to 400, that’s such a large number for a country like the UK who has a population of 500 people /s

**ratkin** · 12-03-2020, 06:31 AM

Originally Posted by Cadalac123

Nice! Cases rose 20percent in the UK to 400, that’s such a large number for a country like the UK who has a population of 500 people /s

You just displayed your ignorance of how powerful exponential growth is.

**Cadalac123** · 12-03-2020, 06:41 AM

Originally Posted by ratkin

You just displayed your ignorance of how powerful exponential growth is.

Actually the number of cases are probably significantly more than 400, I have no doubt thousands harbour the virus but don’t know. I’m more outlining the approach the media are taking to heighten fears.

Don’t attack me with your broscience

**bull....** · 12-03-2020, 07:13 AM

this person saying how corona could cause a financial crash bigger than GFC

COVID-19 may be more destructive than the Lehman crisis

https://www.afr.com/policy/economy/c...0200311-p548z7

**dobby41** · 12-03-2020, 08:53 AM

Originally Posted by bull....

this person saying how corona could cause a financial crash bigger than GFC

COVID-19 may be more destructive than the Lehman crisis

https://www.afr.com/policy/economy/c...0200311-p548z7

And to be fair the world has been looking for a reason for a drop for a while.
COVID-19 is a good catalyst.

**Joshuatree** · 12-03-2020, 09:05 AM

Its official a Bear mkt in USA down 1467 points today now 20% off its high.

**skid** · 12-03-2020, 09:18 AM

Originally Posted by couta1

The Doom and Gloom brigade will be all over this place again today, have fun wallowing.

.....I was reading that for the last hundred something years whenever there has been a massive sell off day(the original)...the next day there was a bounce......you decide whether to sell into the bounce...what happens after is not quite so certain.......Lets face it ...this thing(virus) is going to have to play itself out,regardless of those trying to manipulate fiscal tools.......its been a good run though...and Im sure alot who sold even now would realize profit

**skid** · 12-03-2020, 09:22 AM

Originally Posted by Joshuatree

Its official a Bear mkt in USA down 1467 points today now 20% off its high.

.....In some ways this is a comment on the leader of USA thinking he can control everything with fiscal tools......at some point the bull**** doesnt fly any more....should be working on the core of the problem..