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Posted
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Remind me again what it was I wrong about? Feel free to search my posts quote etc. I know this is really beating a dead horse but Id like to see what you come up with.

 

That there were hundreds of thousands or millions of cases of COVID-19 in the USA in February or early March and that it wasn't a big deal. We now know what hundreds of thousands or millions of cases of COVID-19 looks like, and it wasn't what it looked like back then.

 

(Same answer as last time.)

Posted

Why no discussion about Japan?

 

The daily cases show steady decrease after maximum at about 600 in middle of April to now about 180-200.

 

For a crowded, cold country with subways and bullet trains (public transport), old age its pretty good

without lockdown.

 

https://www.worldometers.info/coronavirus/country/japan/

 

Japan is a fascinating case study.  Another East Asian Country that I would give an A+.  My neighbor was a high level protein researcher and we have discussed it a lot.

 

1.  They wear masks.  Before Covid they would wear masks culturally - if sick, allergies, etc.

2.  Social distancing - bows, etc.

3.  Quieter culture.  The louder a culture is perhaps the more the virus spreads.  Explains the big mouth New York theory!

4.  Clean culture of washing hands carefully, etc.

 

I think the biggest thing is the masks though.  Reduces the RO a ton.

 

I am not sure if I posted this but Island in Northern Japan had increase in virus after pressure to open up

https://time.com/5826918/hokkaido-coronavirus-lockdown/

 

In my opinion the US has handled this whole thing very badly (could have been worse though) because of Trump not being an intelligent and effective leader.

 

The reality is that in the US this has turned into the survival of the fittest - if you have a weakened immune system or put yourself at risk you are more likely to die. 

Posted

Why no discussion about Japan?

 

The daily cases show steady decrease after maximum at about 600 in middle of April to now about 180-200.

 

For a crowded, cold country with subways and bullet trains (public transport), old age its pretty good

without lockdown.

 

https://www.worldometers.info/coronavirus/country/japan/

 

Japan is a fascinating case study.  Another East Asian Country that I would give an A+.  My neighbor was a high level protein researcher and we have discussed it a lot.

 

1.  They wear masks.  Before Covid they would wear masks culturally - if sick, allergies, etc.

2.  Social distancing - bows, etc.

3.  Quieter culture.  The louder a culture is perhaps the more the virus spreads.  Explains the big mouth New York theory!

4.  Clean culture of washing hands carefully, etc.

 

I think the biggest thing is the masks though.  Reduces the RO a ton.

 

I am not sure if I posted this but Island in Northern Japan had increase in virus after pressure to open up

https://time.com/5826918/hokkaido-coronavirus-lockdown/

 

In my opinion the US has handled this whole thing very badly (could have been worse though) because of Trump not being an intelligent and effective leader.

 

The reality is that in the US this has turned into the survival of the fittest - if you have a weakened immune system or put yourself at risk you are more likely to die.

 

+1. I also think this guy has the best response for what should have been done.

 

 

Administration closed it's eyes given who is running the show. No one knew the chain of responsibility and when a leader is always there to take credit and shift responsibility you have a team of losers. This has been an utter shame. Almost 100K people perished and there is hardly any talk of it.

 

 

Posted

Always be selling:

 

EXWSEweU4AEI7Hg?format=png&name=small

 

Trump on the Coronavirus task for:

 

"I thought we could wind it down sooner. But I had no idea how popular the task force is until actually yesterday when I started talking about winding down...It is appreciated by the public."

 

Wait, he's keeping it around because it's popular?

 

Still thinking like a TV personality, all about ratings, which he mentions all the time...

Posted

There should be so much more emphasis on learning and copying what successful places have done.

 

Germany:

 

https://www.wsj.com/articles/how-germany-kept-its-factories-open-during-the-pandemic-11588774844

 

Throughout the six-week national lockdown that now is gradually being lifted, the family-owned company kept its domestic factories running at 80% of normal capacity, said Chief Executive Officer Stefan Brandl.

 

Social distancing, ubiquitous face masks, in-house Covid-19 tests and contact-tracing when employees fell ill helped the company keep its plants open. Just 15 of its 6,700 employees in Germany have contracted the virus, the company said.

 

Also:

 

https://www.wsj.com/articles/coronavirus-casts-deep-chill-over-u-s-china-relations-11588781420

 

Mr. Trump twice declined suggestions from his team in January to press Mr. Xi for more transparency about the virus’s causes and symptoms, in one case saying that the criticism could cause Beijing to be less helpful, said White House officials
Posted

We are starting to get economic data on what is going on. Looks like 2020 is going to be ugly in Europe. And falling inflation...

 

‘Recession of historic proportions’: EU predicts 7.5-per-cent contraction in 2020

- https://www.theglobeandmail.com/business/international-business/european-business/article-recession-of-historic-proportions-eu-predicts-75-per-cent/

 

The European Union predicted Wednesday “a recession of historic proportions this year” due to the impact of the coronavirus as it released its first official estimates of the damage the pandemic is inflicting on the bloc’s economy.

 

The 27-nation EU economy is predicted to contract by 7.5 per cent this year, before growing by about 6 per cent in 2021. The group of 19 nations using the euro as their currency will see a record decline of 7.75 per cent this year, and grow by 6.25 per cent in 2021, the European Commission said in its Spring economic forecast.

 

“It is now quite clear that the EU has entered the deepest economic recession in its history,” EU Economy Commissioner Paolo Gentiloni told reporters in Brussels. As the virus hit, “economic activity in the EU dropped by around one third practically overnight,” he said.

 

... The pandemic has hurt consumer spending, industrial output, investment, trade, capital flows and supply chains. It has also hit jobs. The unemployment rate across the 27-nation EU is forecast to rise from 6.7 per cent in 2019 to 9 per cent in 2020 but then fall to around 8 per cent in 2021, the commission said. Beyond that, Gentiloni said, “we will have a massive drop in hours worked.”

 

Inflation is also set to be significantly weaker as consumer prices fall amid a sharp weakening of demand and drop in oil prices. Investment too is likely to contract, with firms expected to postpone or cancel their investment plans amid the uncertainty. Exporters will not be spared, with continued disruption to movements of people, goods and services likely.

Posted

Why no discussion about Japan?

 

The daily cases show steady decrease after maximum at about 600 in middle of April to now about 180-200.

 

For a crowded, cold country with subways and bullet trains (public transport), old age its pretty good

without lockdown.

 

https://www.worldometers.info/coronavirus/country/japan/

 

Japan is a fascinating case study.  Another East Asian Country that I would give an A+.  My neighbor was a high level protein researcher and we have discussed it a lot.

 

1.  They wear masks.  Before Covid they would wear masks culturally - if sick, allergies, etc.

2.  Social distancing - bows, etc.

3.  Quieter culture.  The louder a culture is perhaps the more the virus spreads.  Explains the big mouth New York theory!

4.  Clean culture of washing hands carefully, etc.

 

I think the biggest thing is the masks though.  Reduces the RO a ton.

 

I am not sure if I posted this but Island in Northern Japan had increase in virus after pressure to open up

https://time.com/5826918/hokkaido-coronavirus-lockdown/

 

In my opinion the US has handled this whole thing very badly (could have been worse though) because of Trump not being an intelligent and effective leader.

 

The reality is that in the US this has turned into the survival of the fittest - if you have a weakened immune system or put yourself at risk you are more likely to die.

 

I agree most of your points than the leadership part.

 

It is not like all western leaders are bad and SE asian countries leaders are good but there is a big difference by an order of 40 to 100 fold the difference in results.

 

Their approaches have been different, culturally different too and that made the majority of difference.

 

Interestingly even though our Trump bashers here keep saying its the testing that made difference, you dont find from worldometer any correlation between testing and the deaths per million.

 

For example Germany is supposed to be best from west and has 86 deaths/million.  Japan has 4 deaths/million and Taiwan 0.3 deaths/million.

 

If you watch the Korean expert, he also says its the masks that made the difference and does not high light testing.

 

 

If you dont have time to listen to all of it, just try to listen to last one minute of his advise to western countries. Its masks he says.

 

Posted

I think Kushner is incredibly incompetent so I might vote for him in hopes that he crashes the system. He might even do a better job at that than Trump.  ;D

Posted

I think Kushner is incredibly incompetent so I might vote for him in hopes that he crashes the system. He might even do a better job at that than Trump.  ;D

 

I love how some people have been convinced that "crashing the system" will be good for them, or will somehow lead to what they want to see happen, rather than just the opposite (a society with an even bigger, more corrupt, more incompetent government and fewer freedoms is the most likely outcome of a big crash, not a small, efficient, honest government and more liberty).

 

They're the people who con artists and charlatans just love.

Posted

We are starting to get economic data on what is going on. Looks like 2020 is going to be ugly in Europe. And falling inflation...

 

‘Recession of historic proportions’: EU predicts 7.5-per-cent contraction in 2020

- https://www.theglobeandmail.com/business/international-business/european-business/article-recession-of-historic-proportions-eu-predicts-75-per-cent/

 

The European Union predicted Wednesday “a recession of historic proportions this year” due to the impact of the coronavirus as it released its first official estimates of the damage the pandemic is inflicting on the bloc’s economy.

 

The 27-nation EU economy is predicted to contract by 7.5 per cent this year, before growing by about 6 per cent in 2021. The group of 19 nations using the euro as their currency will see a record decline of 7.75 per cent this year, and grow by 6.25 per cent in 2021, the European Commission said in its Spring economic forecast.

 

“It is now quite clear that the EU has entered the deepest economic recession in its history,” EU Economy Commissioner Paolo Gentiloni told reporters in Brussels. As the virus hit, “economic activity in the EU dropped by around one third practically overnight,” he said.

 

... The pandemic has hurt consumer spending, industrial output, investment, trade, capital flows and supply chains. It has also hit jobs. The unemployment rate across the 27-nation EU is forecast to rise from 6.7 per cent in 2019 to 9 per cent in 2020 but then fall to around 8 per cent in 2021, the commission said. Beyond that, Gentiloni said, “we will have a massive drop in hours worked.”

 

Inflation is also set to be significantly weaker as consumer prices fall amid a sharp weakening of demand and drop in oil prices. Investment too is likely to contract, with firms expected to postpone or cancel their investment plans amid the uncertainty. Exporters will not be spared, with continued disruption to movements of people, goods and services likely.

 

Thank you, Viking. What are your thoughts on the contraction of NA economies, especially US and Canada.

Posted

I think Kushner is incredibly incompetent so I might vote for him in hopes that he crashes the system. He might even do a better job at that than Trump.  ;D

 

I love how some people have been convinced that "crashing the system" will be good for them, or will somehow lead to what they want to see happen, rather than just the opposite (a society with an even bigger, more corrupt, more incompetent government and fewer freedoms is the most likely outcome of a big crash, not a small, efficient, honest government and more liberty).

 

They're the people who con artists and charlatans just love.

 

I think it would be bad short term but the Great Depression built people of character. The downside of those big events is war though. I wouldn't want that part. I would imagine the corrupt would lose their power since the system that gives them their power would be dead.

Posted

I think it would be bad short term but the Great Depression built people of character. The downside of those big events is war though. I wouldn't want that part. I would imagine the corrupt would lose their power since the system that gives them their power would be dead.

 

The great depression lead to communists and fascists and dictators taking over a large part of the world, leading to hundreds of millions of deaths and untold suffering. But yeah, it built character  ???

Posted

I think it would be bad short term but the Great Depression built people of character. The downside of those big events is war though. I wouldn't want that part. I would imagine the corrupt would lose their power since the system that gives them their power would be dead.

 

The great depression lead to communists and fascists and dictators taking over a large part of the world. But yeah, it built character  ???

 

I do think you're right in a lot of regards. I was specifically thinking about America but I agree the net might be negative across the world. There could have been a fair amount of luck involved that we didn't end up that way.

Posted

I think Kushner is incredibly incompetent so I might vote for him in hopes that he crashes the system. He might even do a better job at that than Trump.  ;D

 

I love how some people have been convinced that "crashing the system" will be good for them, or will somehow lead to what they want to see happen, rather than just the opposite (a society with an even bigger, more corrupt, more incompetent government and fewer freedoms is the most likely outcome of a big crash, not a small, efficient, honest government and more liberty).

 

They're the people who con artists and charlatans just love.

 

These are the folks who quickly call others out on “being un-American” and people who “are lazy and don’t know how to work hard and it’s their fault they’re poor”, but now it’s “the system has failed me, let’s burn it all down”.

 

These are the folks who would praise Trump defaulting on U.S. credit obligations.

Posted

“...out from the door of the farmhouse came a long file of pigs, all walking on their hind legs...out came Napoleon himself, majestically upright, casting haughty glances from side to side, and with his dogs gambolling round him.

 

He carried a whip in his trotter.

 

There was a deadly silence. Amazed, terrified, huddling together, the animals watched the long line of pigs march slowly round the yard. It was as though the world had turned upside-down. Then there came a moment when the first shock had worn off and when, in spite of everything-in spite of their terror of the dogs, and of the habit, developed through long years, of never complaining, never criticising, no matter what happened-they might have uttered some word of protest. But just at that moment, as though at a signal, all the sheep burst out into a tremendous bleating of,

 

"Four legs good, two legs better! Four legs good, two legs better! Four legs good, two legs better!"

 

It went on for five minutes without stopping. And by the time the sheep had quieted down, the chance to utter any protest had passed, for the pigs had marched back into the farmhouse.

 

Several of them would have protested if they could have found the right arguments.”

Posted

We are starting to get economic data on what is going on. Looks like 2020 is going to be ugly in Europe. And falling inflation...

 

‘Recession of historic proportions’: EU predicts 7.5-per-cent contraction in 2020

- https://www.theglobeandmail.com/business/international-business/european-business/article-recession-of-historic-proportions-eu-predicts-75-per-cent/

 

The European Union predicted Wednesday “a recession of historic proportions this year” due to the impact of the coronavirus as it released its first official estimates of the damage the pandemic is inflicting on the bloc’s economy.

 

The 27-nation EU economy is predicted to contract by 7.5 per cent this year, before growing by about 6 per cent in 2021. The group of 19 nations using the euro as their currency will see a record decline of 7.75 per cent this year, and grow by 6.25 per cent in 2021, the European Commission said in its Spring economic forecast.

 

“It is now quite clear that the EU has entered the deepest economic recession in its history,” EU Economy Commissioner Paolo Gentiloni told reporters in Brussels. As the virus hit, “economic activity in the EU dropped by around one third practically overnight,” he said.

 

... The pandemic has hurt consumer spending, industrial output, investment, trade, capital flows and supply chains. It has also hit jobs. The unemployment rate across the 27-nation EU is forecast to rise from 6.7 per cent in 2019 to 9 per cent in 2020 but then fall to around 8 per cent in 2021, the commission said. Beyond that, Gentiloni said, “we will have a massive drop in hours worked.”

 

Inflation is also set to be significantly weaker as consumer prices fall amid a sharp weakening of demand and drop in oil prices. Investment too is likely to contract, with firms expected to postpone or cancel their investment plans amid the uncertainty. Exporters will not be spared, with continued disruption to movements of people, goods and services likely.

 

Thank you, Viking. What are your thoughts on the contraction of NA economies, especially US and Canada.

 

Arcube, i think Canada faces some pretty significant head winds:

1.) oil price decline

2.) virus

3.) housing bubble

 

The big risk for Canada is if the coming severe recession morphs into a housing crash. Imagine the US in 2008 with its housing crisis and then on top of that add the current oil price crash and virus causing worst recession since Great Depression. I call it the three headed horseman. Not to say we get a housing crash (Canada manages mortgages very differently than the US)... but the probability is rising. This is one of the reasons i am being exceptionally careful with my investment portfolio (mostly cash and mostly in US$). Capital preservation is my focus :-)

 

All the forecasts i see for the US are calling for it to experience its worst recession since the Great Depression. With each passing month we will get more economic news and will better understand exactly what is going on under the hood. The big challenge in the near term is the virus is a global event and we are experiencing a global severe recession. When the Recession hit in 2008/09 China ramped up spending and as a result many countries only experienced a mild recession (Canada, Australia and much of EM).

 

Today global leadership/institutions may be at their weakest point since WW2. This just increases the odds of policy mistakes (protectionism, wars etc). The US consumer is in decent shape and the US fixed their banking system. Bottom line, we know the near term is going to be ugly. What happens after that will depend on the path of the virus which is unknowable. I completely understand why Buffett is doing what he is doing (raising cash and waiting to see what the virus does).

 

Graham defines investing as “An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return.” He said everything else is speculation.

Posted

I think Kushner is incredibly incompetent so I might vote for him in hopes that he crashes the system. He might even do a better job at that than Trump.  ;D

 

I love how some people have been convinced that "crashing the system" will be good for them, or will somehow lead to what they want to see happen, rather than just the opposite (a society with an even bigger, more corrupt, more incompetent government and fewer freedoms is the most likely outcome of a big crash, not a small, efficient, honest government and more liberty).

 

They're the people who con artists and charlatans just love.

 

These are the folks who quickly call others out on “being un-American” and people who “are lazy and don’t know how to work hard and it’s their fault they’re poor”, but now it’s “the system has failed me, let’s burn it all down”.

 

These are the folks who would praise Trump defaulting on U.S. credit obligations.

 

Oh, the system has treated me just fine (actually more than fine). I just call it like it is. ;)

Posted

We are starting to get economic data on what is going on. Looks like 2020 is going to be ugly in Europe. And falling inflation...

 

‘Recession of historic proportions’: EU predicts 7.5-per-cent contraction in 2020

- https://www.theglobeandmail.com/business/international-business/european-business/article-recession-of-historic-proportions-eu-predicts-75-per-cent/

 

The European Union predicted Wednesday “a recession of historic proportions this year” due to the impact of the coronavirus as it released its first official estimates of the damage the pandemic is inflicting on the bloc’s economy.

 

The 27-nation EU economy is predicted to contract by 7.5 per cent this year, before growing by about 6 per cent in 2021. The group of 19 nations using the euro as their currency will see a record decline of 7.75 per cent this year, and grow by 6.25 per cent in 2021, the European Commission said in its Spring economic forecast.

 

“It is now quite clear that the EU has entered the deepest economic recession in its history,” EU Economy Commissioner Paolo Gentiloni told reporters in Brussels. As the virus hit, “economic activity in the EU dropped by around one third practically overnight,” he said.

 

... The pandemic has hurt consumer spending, industrial output, investment, trade, capital flows and supply chains. It has also hit jobs. The unemployment rate across the 27-nation EU is forecast to rise from 6.7 per cent in 2019 to 9 per cent in 2020 but then fall to around 8 per cent in 2021, the commission said. Beyond that, Gentiloni said, “we will have a massive drop in hours worked.”

 

Inflation is also set to be significantly weaker as consumer prices fall amid a sharp weakening of demand and drop in oil prices. Investment too is likely to contract, with firms expected to postpone or cancel their investment plans amid the uncertainty. Exporters will not be spared, with continued disruption to movements of people, goods and services likely.

 

Thank you, Viking. What are your thoughts on the contraction of NA economies, especially US and Canada.

 

Arcube, i think Canada faces some pretty significant head winds:

1.) oil price decline

2.) virus

3.) housing bubble

 

The big risk for Canada is if the coming severe recession morphs into a housing crash. Imagine the US in 2008 with its housing crisis and then on top of that add the current oil price crash and virus causing worst recession since Great Depression. I call it the three headed horseman. Not to say we get a housing crash (Canada manages mortgages very differently than the US)... but the probability is rising. This is one of the reasons i am being exceptionally careful with my investment portfolio (mostly cash and mostly in US$). Capital preservation is my focus :-)

 

All the forecasts i see for the US are calling for it to experience its worst recession since the Great Depression. With each passing month we will get more economic news and will better understand exactly what is going on under the hood. The big challenge in the near term is the virus is a global event and we are experiencing a global severe recession. When the Recession hit in 2008/09 China ramped up spending and as a result many countries only experienced a mild recession (Canada, Australia and much of EM).

 

Today global leadership/institutions may be at their weakest point since WW2. This just increases the odds of policy mistakes (protectionism, wars etc). The US consumer is in decent shape and the US fixed their banking system. Bottom line, we know the near term is going to be ugly. What happens after that will depend on the path of the virus which is unknowable. I completely understand why Buffett is doing what he is doing (raising cash and waiting to see what the virus does).

 

Graham defines investing as “An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return.” He said everything else is speculation.

 

Thank you, Viking.

 

My concern is that Ottawa is really not going to save the resources sector in WCSB the way a resource economy should for the long term. So much talent is leaving the industry. Idea of capital preservation is absolutely the right way to go about it.

 

Thanks again for sharing your valuable thoughts.

Posted

Bots, as well as anti-Trumpers deep in TDS, can't recognize negotiation tactics and diplomacy.

 

Chinese propaganda bots have infected CoBF.  Examples:

 

If you have any facts to share on COVID19 or the response to the crisis, go for it. Otherwise, you're the Trump propaganda bot.

 

What is a China propaganda bot?  Is this one?

 

“China has been working very hard to contain the Coronavirus,” Trump wrote in a post on Twitter. “The United States greatly appreciates their efforts and transparency. It will all work out well. In particular, on behalf of the American People, I want to thank President Xi!”

 

If you have to ask, you've failed the Turing test.

 

What ever happened to 'infidels'?  What's up with the newfangled name calling?

 

Such clever propaganda -- all criticisms are just lies from the infidels.  You are falling for it head over heels.

 

Yes, anyone who disagrees with them is a 'bot', 'traitor', 'not a patriot', etc.

 

Yet they're the ones who want to deny states suffering from crisis aid and they're the ones who put a sociopath in office that will "destroy the system".

 

They came over from the politics section section because they can't stand by while their dear leader is criticized for his terrible management of the pandemic!

 

Sunk cost fallacy! Trump bag holders...

 

Taleb on the above victims of TDS:

 

". . . victims of paranoia can find a narrative that impeccably matches all facts, people collectively fall prey to these shared delusions. 'Intelligent' people can be more vulnerable

 

Remember the Iraq WMDs or IYIs on Trump"

 

Posted

Bots, as well as anti-Trumpers deep in TDS, can't recognize negotiation tactics and diplomacy.

 

Chinese propaganda bots have infected CoBF.  Examples:

 

If you have any facts to share on COVID19 or the response to the crisis, go for it. Otherwise, you're the Trump propaganda bot.

 

What is a China propaganda bot?  Is this one?

 

“China has been working very hard to contain the Coronavirus,” Trump wrote in a post on Twitter. “The United States greatly appreciates their efforts and transparency. It will all work out well. In particular, on behalf of the American People, I want to thank President Xi!”

 

If you have to ask, you've failed the Turing test.

 

What ever happened to 'infidels'?  What's up with the newfangled name calling?

 

Such clever propaganda -- all criticisms are just lies from the infidels.  You are falling for it head over heels.

 

Yes, anyone who disagrees with them is a 'bot', 'traitor', 'not a patriot', etc.

 

Yet they're the ones who want to deny states suffering from crisis aid and they're the ones who put a sociopath in office that will "destroy the system".

 

They came over from the politics section section because they can't stand by while their dear leader is criticized for his terrible management of the pandemic!

 

Sunk cost fallacy! Trump bag holders...

 

Taleb on the above victims of TDS:

 

". . . victims of paranoia can find a narrative that impeccably matches all facts, people collectively fall prey to these shared delusions. 'Intelligent' people can be more vulnerable

 

Remember the Iraq WMDs or IYIs on Trump"

 

 

I'm not delusional on why Trump won and why he has a fair shot of winning again. I fully understand why his followers will follow him off a cliff. He is quite talented at what he does.

 

Funny that you left out the first part of Taleb's tweet:

 

Resist The Wuhan Lab & other theories

 

So basically, the conspiracy theories being peddled by Trump and eaten up by his followers. LOL.  ;D

 

How convenient, but not surprised that a Trump supporter would try to mislead by distorting the truth.

Posted

Bots, as well as anti-Trumpers deep in TDS, can't recognize negotiation tactics and diplomacy.

 

Chinese propaganda bots have infected CoBF.  Examples:

 

If you have any facts to share on COVID19 or the response to the crisis, go for it. Otherwise, you're the Trump propaganda bot.

 

What is a China propaganda bot?  Is this one?

 

“China has been working very hard to contain the Coronavirus,” Trump wrote in a post on Twitter. “The United States greatly appreciates their efforts and transparency. It will all work out well. In particular, on behalf of the American People, I want to thank President Xi!”

 

If you have to ask, you've failed the Turing test.

 

What ever happened to 'infidels'?  What's up with the newfangled name calling?

 

Such clever propaganda -- all criticisms are just lies from the infidels.  You are falling for it head over heels.

 

Yes, anyone who disagrees with them is a 'bot', 'traitor', 'not a patriot', etc.

 

Yet they're the ones who want to deny states suffering from crisis aid and they're the ones who put a sociopath in office that will "destroy the system".

 

They came over from the politics section section because they can't stand by while their dear leader is criticized for his terrible management of the pandemic!

 

Sunk cost fallacy! Trump bag holders...

 

Taleb on the above victims of TDS:

 

". . . victims of paranoia can find a narrative that impeccably matches all facts, people collectively fall prey to these shared delusions. 'Intelligent' people can be more vulnerable

 

Remember the Iraq WMDs or IYIs on Trump"

 

 

I'm not delusional on why Trump won and why he has a fair shot of winning again. I fully understand why his followers will follow him off a cliff. He is quite talented at what he does.

 

Funny that you left out the first part of Taleb's tweet:

 

Resist The Wuhan Lab & other theories

 

So basically, the conspiracy theories being peddled by Trump and eaten up by his followers. LOL.  ;D

 

How convenient, but not surprised that a Trump supporter would try to mislead by distorting the truth.

 

When I first saw 'TDS' in usage, I honestly believed it was referring to the blind followers of a man who tells them to turn off the news because you get the truth directly from him on Twitter.

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