MERs/Coronavirus - watching? Will it change your behaviour if it shows up in Canada?

[fishermccann]

Short term is what? 1 month, 3 months a year? The USA is the financial hub of the world economy and this virus is literally just starting in the USA. My money is invested there and here but if our neighbour to the south blows up it will affect the world. Like I said......depression doesn't look to be too far away.

U. S. Debt. $23,473,311,137,021.... At 97.7 debt to GDP. If you are counting on the USA you are out of luck..... 23 trillion, 473 billion......

[Fisherman]

U. S. Debt. $23,473,311,137,021.... At 97.7 debt to GDP. If you are counting on the USA you are out of luck..... 23 trillion, 473 billion......

A while back someone did the calculation of the US trying to pay off its debt. Short of finding a massive mountain of solid gold, it's virtually impossible.

[gbk]

A while back someone did the calculation of the US trying to pay off its debt. Short of finding a massive mountain of solid gold, it's virtually impossible.

U. S. Debt. $23,473,311,137,021.... At 97.7 debt to GDP. If you are counting on the USA you are out of luck..... 23 trillion, 473 billion......

Global Statistics
At the end of the 3rd quarter of 2019, United States public debt-to-GDP ratio was at 105.5%.[2] The level of public debt in Japan was 246.1% of GDP, in India 61.8%, in 2017 according to the IMF,[3] while the public debt-to-GDP ratio at the end of the 2nd quarter of 2016 was at 70.1% of GDP in Germany, 89.1% in the United Kingdom, 98.2% in France and 135.5% in Italy, according to Eurostat.[4]

If we look at these % - end of the world for the USA is far far away

[Snowwalker]

Community spread in Toronto and again more shut downs .

Any restaurant or bar that stays open could receive a 25 thousand $ fine . Drive thru only or take out until the virus hits the store and they completely shutdown.

https://www.cbc.ca/news/canada/toron...read-1.5499768

Sent from my SM-G960W using Tapatalk

Everyone is heading out of Toronto. Can't tell you how many cars there are out here loaded with kids and parents. They are all heading to visit grandparents or retired relatives till this blows over.

Wonder how they'll justify it at the funeral.

[JBen]

Where’s anyone going to flee TO ?

Hunt camps in Muskoka ??

Or back to family in Eastern Canada, Northern Ontario, Cottages, where ever they can. Whether do or not, in relatively big numbers depends. On how bad it gets. The problem obviously is that it will just worsen the spread. The good news, is that how do we fight raging forest fires. We employ fire breaks. Again, consider the geography of Canada. in short, the distance between major urban centres.

You can't contain this when its face is showing up across the country and the numbers are multiplying. Wishful thinking, but not reality.
My Wifey decided to not pay attention to it a couple weeks ago because it was just hyped media tricking people and is really a big joke on everyone. She's in denial like many, to afraid to face reality. Trudeau can't shake his magical wand and create a covid-19 tax to solve this problem, like he did with carbon tax.
108 cases confirmed now in Toronto

It's not about containment. On the health front we have to slow the spread, turn the tsunami into a much wider wave, that last longer but isn't as deep. Now look at Ontario, as I said, we already have deep problems in healthcare. I mentioned 800,000 without GPs........

But thats just the tip of the iceberg. Lets try to remain positive. So assuming we get through this without becoming another Italy,where we have to let thousands die, anyone want to guess what the medical bill is going to be? How is that going to be paid? Ford is already facing sharp criticism for not tackling the deficit ( ye, he has been fought tooth and nail) but he has also reduced revenues. We have hundreds of thousands struggling to pay Hydro, find good work, this, that and the other...Whatever aid, over and above the medical bill, he/they put out, well theres a price to that.

I'm seeing pictures today of empty subways. How many people are not getting paid...How many are going to lose jobs.how many are going to be unable to make mortgage payments..etc. I suspect we haven't the faintest idea.

Huntervinni
The US scares me. Not only Trump delusional, not only are they way behind the curve trying to slow the spread.
Their healthcare system?

Ive seen wide ranging estimates, from 30% to 70% of the population contracting it. Again, unlike us, their pops and cities are fairly close. Heck its 4 hours to Ottawa from the GTA...6 to Mtl. etc.

Do the math, be conservative.
30% of 350 million.
10% require hospitalization. ICU
Even if they, can somehow meet the wave. Their medical bills?

[Snowwalker]

Something that is not being talked about is the Elephant in the room.

Health care workers( My wife could be sent to any hospital in the province during this), Fire Fighters, EMTs, Police, Aircrews and the Ground crews, Transportation Drivers and their support network. None of them can just pack a bag and head to the cottage, or bolt the door and chill at home.

How many of them are going to be infected or worse, simply because they have to just keep working.

There maybe a few Gold Star Families out of this.

[fishermccann]

Global Statistics
At the end of the 3rd quarter of 2019, United States public debt-to-GDP ratio was at 105.5%.[2] The level of public debt in Japan was 246.1% of GDP, in India 61.8%, in 2017 according to the IMF,[3] while the public debt-to-GDP ratio at the end of the 2nd quarter of 2016 was at 70.1% of GDP in Germany, 89.1% in the United Kingdom, 98.2% in France and 135.5% in Italy, according to Eurostat.[4]

If we look at these % - end of the world for the USA is far far away

I looked up Canada's GDP.... 56% for 2019. Not to shabby compared to most other industrialized countries.

[canadaman30]

It's not about containment.

You sound confused, your last sentence on post 327 sure sounds like that's what you said...."That should help us, or atlas contain it to a few hotbeds"?.. The hotbeds are gone, now its widespread.

[fishermccann]

I will wait a few more days before we decide whether the wife and I, head north to the cottage. Were on an island, so only chosen visitors. Waiting the hear from our son, wondering if he is going to head home from Australia. He is in Med school and they seem to need him at the hospital. There is nothing he can do here. Good Luck to everyone.

[fishfood]

What's the deal with the testing? I hear only so many test a day can be done ??

I'm hearing only 20 test a day can be done at Southlake in newmarket.

It this true? Are they only testing majority of the traveler's?

Sent from my SM-G960W using Tapatalk