Some people are complaining about speech in regards to the epidemic and claiming that market damage is caused only by the speech. That’s incorrect.
It’s the epidemic. There are shortages of supplies from countries assigned to manufacture most of our goods, manufacturing suspensions in yet other countries due to lack of supplies, news about cancellations of crowded entertainment events, travel cancellations and other causes.
The real market difficulties will happen after refusals to take needed measures and a big surprise (many severe illnesses and deaths). And the less speech in advance, the more widespread and profound the shock will be.
The spread of the virus is only beginning here. Let’s see what happens during the month ahead. It’s too late to stock up without some appreciable risk, by the way.
I’m acting by not acting like an idiot. I’m washing my hands, like always. I’m taking precautions, like always. I’m going about my business, like always. Anything else is stupid.
Best paper I have read on the subject. Don’t interpret this as the end of the world. We have about 60 days of crisis ahead of us and then we have to pick up the pieces of the economy.
I’m not gonna read it.
We have (at least) 6 weeks of provisions. While it will get boring after a few weeks we will be properly nourished with full stomachs.
Having lived through many hurricanes in Florida before escaping some years ago we always keep several month’s supply of TP and paper towels on hand.
We have 6+ months of essential meds.
And.....sufficient self defense implements and their related consumables to keep custody of our goods.
After reading this article last Thursday (March 12, 2020) I decided to head back to Alaska immediately from my winter quarters in Arizona. I left early Saturday morning and arrived back home the following Thursday. Had I not read this article I would have probably left later and may not have made it to the Canadian border before it was closed.