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April 27, 2009 – Comments (4)

The World Health Organization has increased the alert on the swine flu from 3 to 4 out of 6.

 

4 Comments – Post Your Own

#1) On April 27, 2009 at 7:41 PM, angusthermopylae (38.68) wrote:

dwot,

You ever feel like the crazy old man on the street corner, shouting at passers-by?  And by "you," I mean you and I and others who have been bringing up faults and weak spots in the financial world...

Not that it's intentional to appear that way--just that we are generally ignored, so we keep bringing up more evidence, and after a while, we seem to be shouting because no one will listen!

For example, several articles have pointed out protectionist-like actions have been taken.  From your linked article:

The swine flu is not caught from eating pig meat products, but several countries imposed import bans on pork from the United States.

*sigh*  It's not that the flu will or will not become a major health hazard; it's how people, groups, investors, and entire countries are behaving even though it isn't yet a major hazard.

A lot of analysis has been dredging up the ol' "animal spirits" view of the market--I still maintain that people in groups larger than 3 are exponentially more irrational than any individual.

Good find on the article;I'm really interested in how all this works out in the long run.

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#2) On April 27, 2009 at 11:07 PM, starbucks4ever (97.24) wrote:

That's a nonevent, much like the Y2K bug.

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#3) On April 28, 2009 at 5:32 AM, dwot (47.53) wrote:

I take offense to calling an event that is killing people a non-event.

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#4) On April 28, 2009 at 9:00 AM, dwot (47.53) wrote:

Flu information

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