We aren't getting an effective vaccine until probably 2022 or 2023, and even if we did it would take centuries for them to totally eradicate the virus.Looks like Pfizer is still expected to be first with vaccine results. Not much of an update, but here it is:
Britain expects verdict on Pfizer's COVID-19 vaccine before AstraZeneca's: Times
Britain believes that the vaccine, which Pfizer is co-developing with Germany's BioNTech SE, could be ready to distribute before Christmas, the report said. Pfizer's Chief Executive Albert Bourla has previously said the company could release data on whether or not the vaccine works as early as...news.yahoo.com
Sources?We aren't getting an effective vaccine until probably 2022 or 2023, and even if we did it would take centuries for them to totally eradicate the virus.
Which means you can kiss the pre-pandemic recovery for theme park, travel and cruise ship industries goodbye. They have as much of a "future" as the satellite television business, which is none.
OK maybe I'm just exaggerating a bit, but between the growing mass layoffs of these industries and the threat of opportunistic hedge funds and activist investors initiating hostile takeovers of these companies, waiting the pandemic out isn't a desirable option.View attachment 509057
I‘m getting some great use out of this one....keep em coming
Disney being broken up by investors, employees reduced to the tens of thousands, and mass social breakdown and quality of life decline in the US in 2023? Yes.A vaccine in 2021...yes.
Return to Normal life in 2022...yes.
Why would activist investors and hedge funds want to buy assets in an industry with no future? None of that makes any sense. Mass layoffs are directly related to the pandemic. It’s going to take several years for tourism to fully recover but there’s no reason to believe the industry has no future. Are people just going to stop taking vacations forever?OK maybe I'm just exaggerating a bit, but between the growing mass layoffs of these industries and the threat of opportunistic hedge funds and activist investors initiating hostile takeovers of these companies, waiting the pandemic out isn't a desirable option.
Dan Loeb wants Disney to be like Netflix, which to him means that theme parks, cable/broadcasting TV, theatrical distribution, music and cruises mean nothing and should be disposed of.Why would activist investors and hedge funds want to buy assets in an industry with no future? None of that makes any sense.
Who is going to buy the theme parks when the industry has no future? You can’t dispose of something if nobody wants to buy it.Dan Loeb wants Disney to be like Netflix, which to him means that theme parks, cable/broadcasting TV, theatrical distribution, music and cruises mean nothing and should be disposed of.
The CEOs of Pfizer, Moderna, AstraZenaca and JnJ would probably disagree. There‘s certainly no guarantee any of their vaccines will work, but there’s a pretty good chance that one or more will share their trial results in the next month or 2 and if the vaccines are both safe and effective they will apply for emergency authorization. In the most optimistic timeline the first patients could receive the vaccine by Christmas. It’s certainly not bonkers to think there‘s a good chance one of the leading candidates will pan out. It will take time for everyone who wants it to get vaccinated.Anyhow, any idea that we're getting an effective vaccine in early 2021 is just bonkers.
We aren't getting an effective vaccine until probably 2022 or 2023, and even if we did it would take centuries for them to totally eradicate the virus.
Which means you can kiss the pre-pandemic recovery for theme park, travel and cruise ship industries goodbye. They have as much of a "future" as the satellite television business, which is none.
We aren't getting an effective vaccine until probably 2022 or 2023, and even if we did it would take centuries for them to totally eradicate the virus.
Which means you can kiss the pre-pandemic recovery for theme park, travel and cruise ship industries goodbye. They have as much of a "future" as the satellite television business, which is none.
I’ve now changed my mind. There are aliens living among us.Dan Loeb wants Disney to be like Netflix, which to him means that theme parks, cable/broadcasting TV, theatrical distribution, music and cruises mean nothing and should be disposed of.
Anyhow, any idea that we're getting an effective vaccine in early 2021 is just bonkers.
Pick a realistic, science-based number. If location A cannot open until their county is below that number, what are they supposed to do if they re-exceed that number?
So the Black Plague or bubonic plague was a bacterial infection spread by rats and fleas. Not a viral infection. They did practice quarantining but that took seven years to eliminate from London and did nothing to stop spread from other parts of Europe. It actually originated from Constantinople and kill 1/3 of Europe. So I wouldn’t say quarantines necessarily worked.Because we all remember what halted the black plaque in London, and it wasn't letting the pandemic run its course.
Read up on the Spanish flu pandemic of 1918.So the Black Plague or bubonic plague was a bacterial infection spread by rats and fleas. Not a viral infection. They did practice quarantining but that took seven years to eliminate from London and did nothing to stop spread from other parts of Europe. It actually originated from Constantinople and kill 1/3 of Europe. So I wouldn’t say quarantines necessarily worked.
No, history shows the opposite. The whole concept of keeping sick people or even just other people who may or may not be sick away was figured out centuries
I think that’s the point worth examining. The goal is to mitigate spread. Eliminating spread was and is never going to happen until the virus evolves. A vaccine won’t eliminate a rapidly evolving SARS virus. It’s gotta run it’s course. That’s the point. On the same token though the idea of eliminating all cases won’t do the trick either. It’s part of nature. See New Zealand. No cases for like a month then they had an outbreak. My point has never been one of not taking precautions, but instead one of tempered expectations and limiting blame.Europe experienced a 4-5 month period prior to the start of their second wave where much of their economy was open, more than in the US over the same time. It’s proof that although the virus doesn’t go away, with effective control of it it’s possible to get most of your economy back and running between waves. Then you pull back and start the process over. Somehow in the US we got the idea that the plan has to be linear. We implement a response and the virus goes away for good, if it doesn’t go away than the response wasn’t worth doing.
You mean that same flu still being passed around today? Yep it evolved to a less deadly strain and we developed T cells. It ran its course. Again not arguing against mitigation efforts. Just trying to point out there is not a panacea.Read up on the Spanish flu pandemic of 1918.
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