On Monday, April 27, 2020 at 2:01:48 PM UTC-6, Alan Grayson wrote: > > > > On Monday, April 27, 2020 at 1:31:36 PM UTC-6, John Clark wrote: >> >> A lab in Briton has used genetic engineering to jump ahead of everybody >> else and has developed a COVID-19 vaccine in record time. It seems safe in >> humans and has been shown to work with rhesus macaque monkeys. Six of the >> animals were given one shot of the vaccine and then exposed to very high >> levels of COVID-19. Animals that didn't get the vaccine consistently got >> sick, but after 28 days all 6 vaccinated monkeys remained healthy. Last >> week a Phase 1 clinical trial involving 1,100 humans started and next month >> a combined Phase 2 and Phase 3 trial involving 6,000 people will start, >> it will be the first time any COVID-19 vaccine is tested for effectiveness >> and not just safety. If it works in humans as well as it does in monkeys (a >> big IF) we could manufacture several million doses of the vaccine by >> September, much earlier than previously thought. >> >> Keep your fingers crossed, I don't believe that superstition helps but >> they say it works even if you don't believe it. >> >> In Race for a Coronavirus Vaccine, an Oxford Group Leaps Ahead >> <https://www.nytimes.com/2020/04/27/world/europe/coronavirus-vaccine-update-oxford.html?action=click&module=Spotlight&pgtype=Homepage> >> >> John K Clark. >> > > Supposing the most optimistic outcome becomes a reality, will it come soon > enough to avoid an economic depression? West Texas Intermediate, a quoted > grade of crude oil, is now trading around $13 per barrel, way too low for > US shale, fracking, and crude producers to avoid bankruptcy. And given the > dire effects on small businesses, apartment renters and those holding > mortgages, the combined effects of bad debt implies a full blown banking > crisis is an ominous near term threat. AG >
WTI crude now around $12/barrel, compared to its average price during 2019 of about $54/barrel, way too low for any producer, by any method, can make a profit, SA being the only exception. I see a major banking crisis by summer, or possibly earlier. AG -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/everything-list/a029d0ef-4627-41e7-8ebb-04df5a6c3cbc%40googlegroups.com.
