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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b>From:</b> extropy-chat <extropy-chat-bounces@lists.extropy.org> <b>On Behalf Of </b>John Clark via extropy-chat<br><b>Sent:</b> Wednesday, July 15, 2020 5:03 AM<br><b>To:</b> ExI chat list <extropy-chat@lists.extropy.org><br><b>Cc:</b> John Clark <johnkclark@gmail.com><br><b>Subject:</b> Re: [ExI] Some virus statistics<o:p></o:p></p></div><p class=MsoNormal><o:p> </o:p></p><div><div><div><p class=MsoNormal><span style='font-family:"Arial",sans-serif'>On Tue, Jul 14, 2020 at 4:32 PM spike jones via extropy-chat <<a href="mailto:extropy-chat@lists.extropy.org">extropy-chat@lists.extropy.org</a>> wrote:<o:p></o:p></span></p></div></div><div><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><blockquote style='border:none;border-left:solid #CCCCCC 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-right:0in'><div><div><div><blockquote style='border:none;border-left:solid #CCCCCC 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-right:0in'><p class=MsoNormal><span class=gmaildefault><span style='font-size:14.0pt'>></span></span><span class=gmail-m2670052302791264961gmaildefault><span style='font-size:14.0pt'>>…D</span></span><span style='font-size:14.0pt'>o you really believe every epidemiologist in the world is lying and every country except the USA is a dictatorship just like North Korea<span class=gmail-m2670052302791264961gmaildefault>?</span><o:p></o:p></span></p></blockquote><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span class=gmaildefault><i><span style='font-size:14.0pt'>> </span></i></span><i><span style='font-size:14.0pt'>We don’t know what the covid rate is in any communist country. </span></i><span style='font-size:14.0pt'><o:p></o:p></span></p></div></div></div></blockquote><div><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p></div><p class=MsoNormal><span style='font-size:14.0pt'>That doesn't answer my question. Do you claim we don't know the Covid-19 rate in <b>ANY</b> country…<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>That’s right. In any country which controls information, their rate is whatever it says it is. China started right out with a world-killing lie. We don’t trust them. In the USA, we incentivize our hospitals to over-report. We still do that. Over time more and more people catch covid, get sick, recover, go on with their lives, something unrelated happens, they still have the anitbodies, the hospitals get to report that as a covid death, they get paid. Over time, more and more people stay away from their doctors and hospitals for good reason, this causes something else to go wrong, they die, we don’t know how to count that.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>>… and EVERY epidemiologist in the world is lying…<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>They must use the same data we do.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>>…and EVERY scientific journal article about the virus is wrong, and there is NO accurate data about the virus at all?<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>We don’t know how accurate the data is. Do you? How? <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>>…Do you think the virus is even real or is it all just a gigantic worldwide hoax designed to make the USA look bad?<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>John, the virus doesn’t make the USA look bad. It makes China look bad. You try to make the USA look bad. Two different things. For handling of the virus, the USA looks like other comparable countries. The comparable ones are those with a similar level of international travel and a similar infrastructure. <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p></div><p class=MsoNormal><span style='font-size:14.0pt'>>…Or do you think that maybe just maybe your worldview needs some minor revisions? Maybe just maybe the USA is not always the best at everything and in this emergency <span class=gmaildefault>it </span>has acted with massive breathtaking incompetence…<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>Not all of them. Wyoming and Hawaii have done a great job. New York and New Jersey were epic fails. <o:p></o:p></span></p><div><div><p class=MsoNormal><span style='font-size:14.0pt'> <o:p></o:p></span></p></div><blockquote style='border:none;border-left:solid #CCCCCC 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-right:0in'><p class=MsoNormal><span class=gmaildefault><span style='font-size:14.0pt'>> </span></span><span style='font-size:14.0pt'> <i>But the government cannot manufacture wealth. It can manufacture money. Two different things.</i><o:p></o:p></span></p></blockquote><div><p class=MsoNormal><span style='font-size:14.0pt'> <o:p></o:p></span></p></div><p class=MsoNormal><span style='font-size:14.0pt'>>…Your timing is dreadful! <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>Timing is irrelevant. The government has never been able to manufacture wealth. John you should talk to someone who traveled in South America during a time when their governments failed and resorted to manufacturing money. The merchants would remove the price tags, and trade in American currency because they knew what it was worth. They didn’t know what the prices were in their own national currency because they hadn’t heard what their government was claiming it was worth that day.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>Timing has nothing to do with it. We already know what happens when governments manufacture money without backing: we can’t manufacture wheelbarrows fast enough.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>The biggest financial crises will be at the state level. States have not the option of printing money. They can borrow of course, just as the Federal government does, and they will, but investors might not line up to buy those bonds. Counties, cities and school districts are facing budget shortfalls too. They have even fewer options, but our city council voted last week to put a quarter cent sales tax on the November ballot, while announcing a temporary hold on some infrastructure.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>One way or another, government will need to be cut deeply at every level. There is no magic act to make up the deficit.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>spike<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:13.5pt'><o:p> </o:p></span></p></div></div></div></body></html>