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Saudi Arabia Starts All-Out Oil War: MbS Destroys OPEC By Flooding Market, Slashing Oil Prices

Saudi Arabia Starts All-Out Oil War: MbS Destroys OPEC By Flooding Market, Slashing Oil Prices thumbnail

With the commodity world still smarting from the Nov 2014 Saudi decision to (temporarily) break apart OPEC, and flood the market with oil in (failed) hopes of crushing US shale producers (who survived thanks to generous banks extending loan terms and even more generous buyers of junk bonds), which nonetheless resulted in a painful manufacturing recession as the price of Brent cratered as low as the mid-$20’s in late 2015/early 2016, on Saturday, Saudi Arabia launched its second scorched earth, or rather scorched oil campaign in 6 years. And this time there will be blood.

Following Friday’s shocking collapse of OPEC+, when Russia and Riyadh were unable to reach an agreement during the OPEC+ summit in Vienna which was seeking up to 1.5 million b/d in further oil production cuts, on Saturday Saudi Arabia kick started what Bloomberg called an all-out oil war, slashing official pricing for its crude and making the deepest cuts in at least 20 years on its main grades, in an effort to push as many barrels into the market as possible.

In the first major marketing decision since the meeting, the Saudi state producer Aramco, which successfully IPOed just before the price of oil cratered…

… launched unprecedented discounts and cut its April pricing for crude sales to Asia by $4-$6 a barrel and to the U.S. by a whopping $7 a barrel in attempts to steal market share from 3rd party sources, according to a copy of the announcement seen by Bloomberg. In the most significant move, Aramco widened the discount for its flagship Arab Light crude to refiners in north-west Europe by a hefty $8 a barrel, offering it at $10.25 a barrel under the Brent benchmark. In contrast, Urals, the Russian flagship crude blend, trades at a discount of about $2 a barrel under Brent. Traders said the Saudi move was a direct attack at the ability of Russian companies to sell crude in Europe.

Confirming the obvious, Iman Nasseri, managing director for the Middle East at oil consultant FGE said “Saudi Arabia is now really going into a full price war.”

The draconian cuts in monthly pricing by state prouder Saudi Aramco are the first and clearest indication of how the Saudis will respond to the break up of the alliance between OPEC and Russia, which as we noted earlier, dumped MbS on Friday in a stunning reversal within OPEC+. Talks in Vienna ended in dramatic failure on Friday as Saudi Arabia’s gamble to get Russia to agree to a prolonged and deeper cut failed to pay off.

And the second indication that the OPEC oil cartel is now effectively dead, came a few hours later when Bloomberg again reported that in addition to huge price cuts, Saudi Arabia was set to flood the market with a glut of oil to steal market share and capitalize on its just announced massive price cuts as the kingdom plans to increase oil output next month, going well above 10 million barrels a day.

In addition to slashing prices,  Saudi Arabia has privately told some market participants it could raise production much higher if needed, even going to a record of 12 million barrels a day, according to Bloomberg sources.

But before hitting a stunning 12mmb/d, Saudi production will first rise above 10 million barrels a day in April, from about 9.7 millions a day this month: “That’s the oil market equivalent of a declaration of war,” an unnamed commodities hedge fund manager said.

Meanwhile, as Bloomberg correctly notes, “with demand being ravaged by the coronavirus outbreak, opening the taps like that would throw oil market into chaos.”

According to preliminary estimates, with Brent trading at $45, a flood of Saudi supply as demand is in freefall, could send oil into the $20s if not teens, in a shock move lower as speculators puke on long positions in what Goldman calls periodically a “negative convexity” event.

Oil traders are looking to historical charts for an indication of how low prices could go. One potential target is $27.10 a barrel, reached in 2016 during the last price war. But some believe the market could go even lower.

What is the logic behind the Saudi decision?

According to one take, the shock-and-awe Saudi strategy could be an attempt to impose maximum pain in the quickest possible way to both Russia and other producers, most notably shale, in an effort to bring them back to the negotiating table, and then quickly reverse the production surge and start cutting output if a deal is achieved.

While that’s certainly possible, it has already been tried once – back in 2014/2015 – and the result was humiliation for Riyadh as not only shale came out stronger, but Russia had no problems absorbing the lower prices. Instead, the most likely outcome is that Russia will be able to withstand a shock price far longer than Saudi Arabia, which has budgeted for a Brent price of $58/b for 2020 (which would lead to a 6.4% budget deficit). A realized price which is roughly half that – should the Saudi strategy work out as planned – would lead to social unrest and government turmoil in Saudi Arabia, and may explain why earlier today Saudi crown prince MbS launched another crackdown on dozens of royals and army officers following the arrest of powerful princes, who may compete for the throne once the public mood in Saudi Arabia turns nasty in the coming weeks.

Could the price drop even lower now? Yes: back then there was no coronavirus pandemic destroying global oil demand.

One final point: with 10Y Breakevens driven almost entirely by the price of oil…

… once Brent craters on Monday to the mid-$30s or lower, the accompanying implosion in 10Y yields could make the record plunge in yields seen on Friday a dress rehearsal for what could be the biggest VaR shock of all time. And since QE will only send yields even lower, perhaps it’s time for the Fed to add oil futures to stocks among the expanded securities it plans on purchasing as part of QE-5 to avert the next deflationary crisis which may have just started.

zerohedge



208 Comments on "Saudi Arabia Starts All-Out Oil War: MbS Destroys OPEC By Flooding Market, Slashing Oil Prices"

  1. Davy on Mon, 9th Mar 2020 7:06 am 

    This is for the cloggo and his EuropeUp:

    “Tourism is 10% of GDP in France, 13% in Italy, 15% in Spain. And Now it’s in Free Fall”
    https://tinyurl.com/yxxacqxd wolfstreet

    “This is all happening just weeks before high season is about to get under way. But with millions and millions of tourists voting with their feet by staying at home, one of Europe’s most important and (until four weeks ago) fastest growing industries is taking a hammering”

  2. Davy on Mon, 9th Mar 2020 7:13 am 

    Cloggo’s golden euro decade: “Can Europe’s Fragile Economy Withstand Another Shock?”
    “Lying dave again and his eternal falsehoods.”

    Cloggo, denial does not make things so. Get out of your cocoon you miserable insect.

    “The European Golden Decade, as I have said many times before, was 2010-2020, that is BEHIND us:”

    Nope, you keep thinking EuropeUp and the USdown bullshit. I have been trying to tell you it is GobalDown but you can’t get your warped mind around that means a crashing balkanizing EU..

    “https://deepresource.wordpress.com/2019/12/27/european-golden-decade-2010-2020/ Irrefutable a Golden Decade, economically.”

    Bullshit, Debt is what the EU accumulated and now it is coming due.

    “Furthermore he tries to insinuate that Corona could have been foreseen. It couldn’t. There isn’t going to be any golden decade 2020-2030, not for anyone, not economically. Globalism is unwinding. Culprits will be found for Corona. Scores are going to be settled. 2020-2030 will be the decade that will bring down empire and new geopolitical players will take its place. Europe, Russia, China, Iran.”

    Cloggo, stutters and backtracks then tries to put lipstick on a pig. LMFAO at the fool

    “‘US losing world leadership, Europe can replace it’ – EU top diplomat Mogherini”

    Cloggo, can’t admit that the old order is gone which does not mean a new order his fantasy as conceived. Yes, the US period of “topdog” is over and has been for a decade or more. He still wants to think worse is coming but it already happened. Now it is a competition in a multipolar world with globalism failing. We are all going down cloggo. I have said this for years. I did not know what would pop the bubble but I knew it was coming. You were in denial as you still are or IOW you are a fool!

  3. Davy on Mon, 9th Mar 2020 7:25 am 

    “Global coronavirus infections could increase tenfold every 19 days, Chinese study says”
    https://tinyurl.com/qnuq7ht scmp

    “The coronavirus epidemic is spreading rapidly around the world but Chinese scientists say the situation could get much worse. The coronavirus epidemic is spreading rapidly around the world but Chinese scientists say the situation could get much worse. The number of coronavirus cases outside China will increase tenfold every 19 days if no drastic measures are taken to contain its spread, according to a study by a team of Chinese scientists. The research, headed by leading geneticist Jin Li at Fudan University in Shanghai, also traced the spread of the virus outside China back to just 34 “unobserved carriers”. Jin, who is known as China’s “DNA hunter”, said some of those carriers might be asymptomatic and have been present before or about the same time as the coronavirus was first detected in the central Chinese city of Wuhan.”

  4. Davy on Mon, 9th Mar 2020 8:17 am 

    “cloggo, tell us all about primary power too WE are curious how the EU is doing with that.”

    Correction: Substitute “me and my socks” in place of “WE” since I speak for nobody but my widdle self, and nobody else gives a fart about my off topic spaming and copy/paste insanity.

  5. Davy on Mon, 9th Mar 2020 8:21 am 

    I better get to work on my imaginary sprawling ranch instead of spending each and every day spamming PO.com.

    Excluding my ID Theft and Sock Puppetry, I am spending less time on this lame unmoderated forum to concentrate on my own blog. I do want to thank all those who have attacked me with giving me material for growth. I have saved the best of my comments for my new blog. I have years worth of material. I have enjoyed moderating the worst of you and neutering your selfish useless agendas. I will still be here it is just I will be spending more time putting out a blog. I don’t expect much of a following with my blog. This is more a personal effort to assemble what I have learned over the last 10 years of formulating my REAL Green Deep Adaptation. For the stalkers here I hope you find my blog and visit the comment forum. It will be only lightly moderated to prevent juanpee identity theft and excessive cloggo spamming. LOL. There will be a prize for juanpee and annoymouse if you can stalk my blog. Double LOL. Anyway fuck my enemies and many thanks to those who contributed to my metamorphous.

    I guess I could have joined the moderated section at PO dot com, but I knew I’d get my ass permanently banned. I’ll try not to let the door smack me up the backside on the way out.

    Goodbye to ALL of you dumbasses.

  6. Antius on Mon, 9th Mar 2020 8:23 am 

    Having been largely absent from this board for months until last week, I see that the Davy freak show continues to account for most of the comments. The moron talks a lot but says virtually nothing.

  7. Davy on Mon, 9th Mar 2020 9:00 am 

    “Russia Says It Can Weather $25 Oil For Up To 10 Years”
    https://tinyurl.com/sam5vm8 zero hedge

    “Now that both OPEC+ and OPEC no longer exist, and it’s a free-for-all of “every oil producer for themselves” and which Goldman described as return to “the playbook of the New Oil Order, with low cost producers increasing supply from their spare capacity to force higher cost producers to reduce output”, the key question is just how long can the world’s three biggest producers – shale, Russia and Saudi Arabia…While we hope to get an answer on both Saudi and US shale longevity shortly, and once the market reprices shale junk bonds sharply lower, we expect the US shale patch to soon become a ghost town as money-losing US producers will not be solvent with oil below $30, assuring that millions in supply will soon be pulled from the market, moments ago we got the answer as far as Russia is concerned, when its Finance Ministry said on Monday that the country could weather oil prices of $25 to 30$ per barrel for between six and 10 years.”

    “Incidentally, this may explain why over the past two years, Putin has been busy dumping US Treasury and hoarding gold: he was saving liquidity for a rainy day, and as millions of shale workers are about to find out today, it’s pouring.”

  8. Duncan Idaho on Mon, 9th Mar 2020 9:16 am 

    VelocityShares Daily 2x VIX Short-Term ETN (TVIX)
    NasdaqGM – NasdaqGM Real Time Price. Currency in USD

    256.96+87.06 (+51.24%)
    As of March 9 10:12AM EDT. Market open.

  9. Sissyfuss on Mon, 9th Mar 2020 9:31 am 

    Dow plunges 1884 in first 20 mins. Trading was halted 15 mins, then reopened to fall to 2010. Now at -1500 as the Plunge Protection Team is fighting for Tdumps political life.

  10. Duncan Idaho on Mon, 9th Mar 2020 9:35 am 

    Current 10 Year Treasury Rate: 0.74% -18.00 bps

    Campers- all time low

    The Fat Boy and the Thugs need something to steal.

  11. Antius on Mon, 9th Mar 2020 10:09 am 

    Having been largely absent from this board for months until last week, I see that the JuanPee freak show continues to account for most of the comments. The moron talks a lot but says virtually nothing.

  12. JuanP on Mon, 9th Mar 2020 10:09 am 

    “Russia Says It Can Weather $25 Oil For Up To 10 Years”
    https://tinyurl.com/sam5vm8 zero hedge

    “Now that both OPEC+ and OPEC no longer exist, and it’s a free-for-all of “every oil producer for themselves” and which Goldman described as return to “the playbook of the New Oil Order, with low cost producers increasing supply from their spare capacity to force higher cost producers to reduce output”, the key question is just how long can the world’s three biggest producers – shale, Russia and Saudi Arabia…While we hope to get an answer on both Saudi and US shale longevity shortly, and once the market reprices shale junk bonds sharply lower, we expect the US shale patch to soon become a ghost town as money-losing US producers will not be solvent with oil below $30, assuring that millions in supply will soon be pulled from the market, moments ago we got the answer as far as Russia is concerned, when its Finance Ministry said on Monday that the country could weather oil prices of $25 to 30$ per barrel for between six and 10 years.”

    “Incidentally, this may explain why over the past two years, Putin has been busy dumping US Treasury and hoarding gold: he was saving liquidity for a rainy day, and as millions of shale workers are about to find out today, it’s pouring.”

  13. Duncan Idaho on Mon, 9th Mar 2020 10:10 am 

    Might have to shut the Dog Track down again.

  14. JuanP on Mon, 9th Mar 2020 10:10 am 

    I am JuanPee and I support this message:

    Time to confess:

    Every day the PO.com gets worse. Millions of good posts are displaced by record-breaking insanity and socking, violent mood-swings and hot flashes. Unprecedented juanPee socking burns out of control, scorching massive tracts of articles and posts, and plunging nearby threads into surreal scenes of day-long darkness. Meanwhile, scientists solemnly inform us that any life at PO.com could be wiped out by mid-century, as the JuanSkum continues to gradually transform the once vibrant areas of rich discussion into the spam and sock-filled graveyards of formerly sane and on-topic conservation. Try as we might… the consequences of juanSkum unmoderated posts and rampant lunacy, are becoming harder and harder to ignore.

    It’s become widely accepted JuanSkum, unfortunately, exists, and that his current rate of ass emissions are imperiling future discussions. Millions of people agree that juanPee is robbing our unborn descendants of their right to express comments and opinions contrary to ones only he approves of – something that JuanPee foolishly takes for granted. This increasing awareness is translating into a growing consensus that our so-called ‘juanturd’ needs a mental health intervention in order to fix his problems and correct his historic insanity. Unfortunately, most PO.com activists continue to be hampered by the fact that there is no moderation for extremists and there is no power operating in this forum, the scale of juanPee problem that we face… and what would actually be required to fix it. In Troubled PO.com, skumMedia takes a closer look at these dynamics, arguing for the importance of taking bold action to defend sane and coherent conversion, even as we work towards to overthrow of juanPee reign of insnaity and replacement of him with something more intelligent and polite, like an inert chuck of rock. or pile of 3rd world South American feces

  15. JuanP on Mon, 9th Mar 2020 10:11 am 

    Correction: Substitute “me and my socks” in place of “WE” since I speak for nobody but my widdle self, and nobody else gives a fart about my off topic spaming and copy/paste insanity.

  16. JuanP on Mon, 9th Mar 2020 10:15 am 

    After the number of cases in the Philippines doubled to 20 on Monday, from now on well-wishers will not be allowed to touch Philippines President Rodrigo Duterte to protect him from the coronavirus, his security detail said. Duterte is 74, and thus technically a high-risk patient.

    Looks like my best friend Mak is in big trouble

  17. JuanP on Mon, 9th Mar 2020 10:16 am 

    “Might have to shut the Dog Track down again.”

    LOL, Duncan, no more jet setting around like the rich liberal you are. Get used to being a deplorable like all you rich liberals are without money.

  18. Davy on Mon, 9th Mar 2020 11:44 am 

    All JuanP comments are me the lunatic.

  19. Duncan Idaho on Mon, 9th Mar 2020 11:51 am 

    S&P 500
    2,792.78
    -179.59(-6.04%)

    Haven’t seen 27 for a while.
    But the Fat Boy has been bankrupt 6 times:
    https://www.washingtonpost.com/politics/2016/live-updates/general-election/real-time-fact-checking-and-analysis-of-the-first-presidential-debate/fact-check-has-trump-declared-bankruptcy-four-or-six-times/

  20. JuanP is a liar on Mon, 9th Mar 2020 12:26 pm 

    Davy said All JuanP comments are me the lunatic.

  21. Davy on Mon, 9th Mar 2020 12:49 pm 

    “Donald J. Trump
    ✔
    @realDonaldTrump
    So last year 37,000 Americans died from the common Flu. It averages between 27,000 and 70,000 per year. Nothing is shut down, life & the economy go on. At this moment there are 546 confirmed cases of CoronaVirus, with 22 deaths. Think about that!”

    Dont listen to President Trump. Hes a lunatic.

    Listen to me. It’s time to panic y’all!

    WE ALL GONNA DIE!!!

  22. JuanP on Mon, 9th Mar 2020 1:39 pm 

    “Donald J. Trump
    ✔
    @realDonaldTrump
    So last year 37,000 Americans died from the common Flu. It averages between 27,000 and 70,000 per year. Nothing is shut down, life & the economy go on. At this moment there are 546 confirmed cases of CoronaVirus, with 22 deaths. Think about that!”

    Dont listen to President Trump. Hes a lunatic.

    Listen to me. It’s time to panic y’all!

    WE ALL GONNA DIE!!!

  23. JuanP on Mon, 9th Mar 2020 1:40 pm 

    Go Trump 2020!

  24. Richard Guunette on Mon, 9th Mar 2020 1:42 pm 

    JuanP, you are a South American uneducated third worlder. Stay out of our business and talk about your own lousy country’s politics. Repeat after me JuanPee is not an American.

  25. More Lunatic Davy ID Fraud on Mon, 9th Mar 2020 3:27 pm 

    Antius on Mon, 9th Mar 2020 10:09 am

    JuanP on Mon, 9th Mar 2020 10:09 am

    JuanP on Mon, 9th Mar 2020 10:10 am

    JuanP on Mon, 9th Mar 2020 10:11 am

    JuanP on Mon, 9th Mar 2020 10:15 am

    JuanP on Mon, 9th Mar 2020 10:16 am

    JuanP is a liar on Mon, 9th Mar 2020 12:26 pm

    JuanP on Mon, 9th Mar 2020 1:39 pm

    JuanP on Mon, 9th Mar 2020 1:40 pm

    Richard Guunette on Mon, 9th Mar 2020 1:42 pm

  26. Duncan Idaho on Mon, 9th Mar 2020 4:12 pm 

    Craven, Cowardly “Bone Spurs” Trump Is Reportedly Terrified He Will Contract Coronavirus. Unspeakably Pathetic.
    https://www.vanityfair.com/news/2020/03/trump-germaphobe-in-chief-struggles-to-control-the-covid-19-story

    Fat and Dumb– perfect Pres

  27. JuanP is a liar & a fool on Mon, 9th Mar 2020 4:17 pm 

    You can’t believe anything a lunatic like juanPee says

    More Lunatic Davy ID Fraud said Antius on Mon, 9th Mar 2020 10:09 am JuanP on Mon…

  28. More Lunatic Davy ID Fraud on Mon, 9th Mar 2020 4:19 pm 

    JuanP is a liar & a fool on Mon, 9th Mar 2020 4:17 pm

  29. Duncan Idaho on Mon, 9th Mar 2020 5:05 pm 

    Cartoon: The contagion

    https://images.dailykos.com/images/775428/story_image/47AF510E-96A6-4D63-9B7B-BD16C8A0E793.jpeg?1583768705

  30. Duncan Idaho on Mon, 9th Mar 2020 5:09 pm 

    There’s a price to pay for putting a self-serving imbecile in the WH
    https://digbysblog.net/2020/03/theres-a-price-to-pay-for-putting-a-self-serving-imbecile-in-the-wh/

    But, I guess he represents the USA people?

  31. world grater supremacist muzzies jerk for the love of muzzies on Mon, 9th Mar 2020 5:11 pm 

    Richard Guunette on Mon, 9th Mar 2020 1:42 pm
    everyone pls respect supertard and his sock

    supertars
    just droppign in to say plese change your underwear. i changed mine and my goal is 4 days. after 4 days, change, no quesiton

    peas

  32. makati1 on Mon, 9th Mar 2020 6:19 pm 

    Duncan, from my observations, he does represent a large percentage of the brainwashed,dumbed down, Amerikan tax slaves. He is the laughing stock of the world. Four more years of Trump should end Amerika as a ‘free’ and ‘prosperous’ country.

  33. JuanP on Mon, 9th Mar 2020 6:45 pm 

    Mak, tell us some more AsiaUp stuff. That is always fun to here out of you. You remind me of sleepy joe. LOL

  34. makati1 on Mon, 9th Mar 2020 6:56 pm 

    Idiots here think they are cute and intelligent, when they are really immature assholes. Maybe the corona virus will weed them out? We can only hope.

    A sunny, 27C/80F this Tuesday morning here in the land of eternal summer. Watching the globalized world and the debt drenched Amerika implode with the one-two punch of COVID19 and the Oil Wars. Pass the popcorn. It’s getting interesting.

  35. JuanP on Mon, 9th Mar 2020 7:46 pm 

    “Idiots here think they are cute and intelligent, when they are really immature assholes. Maybe the corona virus will weed them out? We can only hope.”

    Mak, you are in the high risk age group. You might want to consider getting home to your family so someone can look after you. Otherwise you may end up in a pile of bodies and burned. Nobody will ever know what happened to you. Oops, might not be smart to fly about now. Maybe go out in the jungle with your monkeys.

  36. Duncan Idaho on Mon, 9th Mar 2020 7:55 pm 

    “He is an admitted germophobe, by the way. This story from last summer discusses how he turned the White House into a sterile environment. He is beyond neurotic about this and has got to be completely losing his shit at this point.

    It is beyond poetic justice that this is the crisis that is overwhelming his presidency. Nothing could be more perfect.”

    https://digbysblog.net/2020/03/germophobe-meltdown/

    Aside from being a cowardly sociopath, this germophobe is rather funny.

  37. FamousDrScanlon on Mon, 9th Mar 2020 8:16 pm 

    Does that mean he always wore a latex glove before grabbing pussy?

    An admitted germophobe who stuck his tongue in the mouth of a porn star who sucked a couple hundred giant nigger cocks for a living. Then he went on the campaign trail & kissed a thousand MAGA disciples babies with his cock breath.

  38. makati1 on Mon, 9th Mar 2020 8:46 pm 

    High risk group? Maybe if I had been in a danger zone like Washington State or Italy or …? But I live in a small town ~80 miles by road from the big shitty of Manila.

    Just getting into a car in the US is more dangerous. 100 per day never come home alive, and tens of thousands are crippled daily. Do you worry about that when you get into your car every morning?

    Then there is the regular flus, which I have survived for over 75 years. Not to mention measles, chicken pox, etc. I’m not afraid of the virus any more than I am of anything else. I live my life. Do you?

  39. Davy on Mon, 9th Mar 2020 9:13 pm 

    Your a idiot juanpee.

    Listen to makato. Coronavirus is a nothingburger.

    Stupid

  40. JuanP on Mon, 9th Mar 2020 9:56 pm 

    STFU Davy. Dumbass. More people died from coronavirus so far this year in the US then people died from drowning in there own toilets.

    stupid

  41. makati1 on Mon, 9th Mar 2020 10:24 pm 

    Anyone who thinks the corona bug will die this summer better look at Australia where it is still summer.

    https://au.yahoo.com/news/australia-coronavirus-mortality-rate-could-rise-elderly-population-003016835.html

    https://www.timeanddate.com/weather/?continent=australasia (92F)

    Or even:

    https://www.thejakartapost.com/news/2020/03/09/two-of-most-recent-covid-19-cases-in-singapore-imported-virus-from-indonesia.html

    https://www.google.com/search?client=firefox-b-d&q=weather+in+singapore+today (91F)

    or….well I guess you get the picture. Better prep for a long very hot summer.

  42. Davy on Mon, 9th Mar 2020 10:39 pm 

    STFU Juanpee. The only way us dimocrates can get back control is by making it look like Trump is repsonable fer destroying are economy.

    Its time to panic y’all! Don’t listen to President Trump. Hes a lunatic. 22 deaths out of 327,000,000 Americans is Real Bad folks. ITs time fer everyone to panic hysterical.

    WE ALL GONNA DIE!!!

    Pass the wurd.

    WE ALL GONNA DIE!!!

    GO BIDEN! GO TULSI! GO HILLARY!

  43. Covid on Mon, 9th Mar 2020 11:03 pm 

    “Testimony of a surgeon working in Bergamo, in the heart of Italy’s coronavirus outbreak”
    https://tinyurl.com/sd7aaus reddit

    “No other words come to mind. The war has literally exploded and battles are uninterrupted day and night. One after the other, these unfortunate people come to the emergency room. They have far from the complications of a flu. Let’s stop saying it’s a bad flu. In my two years working in Bergamo, I have learned that the people here do not come to the emergency room for no reason. They did well this time too. They followed all the recommendations given: a week or ten days at home with a fever without going out to prevent contagion, but now they can’t take it anymore. They don’t breathe enough, they need oxygen. Drug therapies for this virus are few. The course mainly depends on our organism. We can only support it when it can’t take it anymore. It is mainly hoped that our body will eradicate the virus on its own, let’s face it. Antiviral therapies are experimental on this virus and we learn its behavior day after day. Staying at home until the symptoms worsen does not change the prognosis of the disease. Now, however, that need for beds in all its drama has arrived. One after another, the departments that had been emptied are filling up at an impressive rate. The display boards with the names of the sicks, of different colors depending on the department they belong to, are now all red and instead of the surgical procedure, there is the diagnosis, which is always the same: bilateral interstitial pneumonia. Now, tell me which flu virus causes such a rapid tragedy. Because that’s the difference (now I get a little technical): in classical flu, besides that it infects much less population over several months, cases are complicated less frequently: only when the virus has destroyed the protective barriers of our airways and as such it allows bacteria (which normally resident in the upper airways) to invade the bronchi and lungs, causing a more serious disease. Covid 19 causes a banal flu in many young people, but in many elderly people (and not only) a real SARS because it invades the alveoli of the lungs directly, and it infects them making them unable to perform their function. The resulting respiratory failure is often serious and after a few days of hospitalization, the simple oxygen that can be administered in a ward may not be enough. Sorry, but to me, as a doctor, it’s not reassuring that the most serious are mainly elderly people with other pathologies. The elderly population is the most represented in our country and it is difficult to find someone who, above 65 years of age, does not take at least a pill for high blood pressure or diabetes.”

  44. Davy on Mon, 9th Mar 2020 11:17 pm 

    Ignore this stupid stuff:

    https://tinyurl.com/rtwvy33

    In the winter seasons from 2013/14 to 2016/17, an estimated average of 5,290,000 ILI cases occurred in Italy, corresponding to an incidence of 9%. More than 68,000 deaths attributable to flu epidemics were estimated in the study period. Italy showed a higher influenza attributable excess mortality compared to other European countries. especially in the elderly.”

    It’s time to panic y’all!

    WE ALL GONNA DIE!!!

    Go Biden GO Tulsi Go Hillary.

  45. world grater supremacist muzzies jerk for the love of supremacist muzzies on Tue, 10th Mar 2020 12:09 am 

    above is supertra obv.
    pushing the tulsi false native
    everyone pls respect supertard
    back to permanent retiremet

    world grater supremacist muzzies bag day feb12021

  46. Davy on Tue, 10th Mar 2020 12:13 am 

    Embrace your inner supremacist muzzies jerk!!!

  47. Inquiring Minds Want to Know on Tue, 10th Mar 2020 12:24 am 

    “everyone pls respect supertard”

    supremacist, you love suckin the supertard cock, eh?

    Trolls of a feather always stick together.

    How’s the muzzie amputation machine workin out at supertard’s estate?

  48. FamousDrScanlon on Tue, 10th Mar 2020 1:02 am 

    The innumerate struggle with comprehending the Covid implications. MAGA Tardiness appears to be another cognitive border wall.

  49. joe on Tue, 10th Mar 2020 1:40 am 

    Somewhere here, in some corner, I posted a prediction that they would begin to deal with climate change issues etc by destroying the healthcare system and reducing population by inadequately dealing with care for the elderly. I didn’t think it would begin by such a direct assault on society. Most advanced countries economic structure is based on the ‘tertiary’ or ‘services’ sector. That means where old people travel and buy medicine and eat at restaurants and use most banking services etc. Those on the left who are secretly happy about the current events as some neo-eugenic scenario need to understand that a world without the old is not a socialist lefty utopia in the making. How many retirees come and buy coffee using their pension money while you dream of their demise. This new attack on old might be the death of the boomers, but that leaves nothing in its wake.
    The airline industry wont last 6 months at current levels in areas hit by this virus. Do you think that it will be rebuilt overnight. China might have slowed down this virus using some of the most draconian controls in history. How well will free societies do. The biggest supporters of the liberal and socialist political movements are grey haired 70- 80 yr olds. Bannon, Le Pen, Orban, Farage, MBS etc, are waiting in the wings to take over after the boomers are dead. Be warned.

  50. I AM THE MOB on Tue, 10th Mar 2020 4:05 am 

    They created Cornovirus to slow down world oil demand to postpone the peak and oil shortages that will collapse global society.

    Duh..

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