Australian (ASX) Stock Market Forum

Coronavirus (COVID-19/SARS-CoV-2) outbreak discussion

Will the "Corona Virus" turn into a worldwide epidemic or fizzle out?

  • Yes

    Votes: 37 49.3%

  • No

    Votes: 9 12.0%

  • Bigger than SARS, but not worldwide epidemic (Black Death/bubonic plague)

    Votes: 25 33.3%

  • Undecided

    Votes: 4 5.3%
  • Total voters
    75
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Just went to a supermarket and mentioned the great toilet paper panic whilst at the checkout.

Apparently they received a delivery at 5:30pm and the shelves were stocked. Stripped bare by 8:30pm same day.

Amazing.
 
Smurf1976 said:
Just went to a supermarket and mentioned the great toilet paper panic whilst at the checkout.

Apparently they received a delivery at 5:30pm and the shelves were stocked. Stripped bare by 8:30pm same day.

Amazing.
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There will have to be rationing of such items if this keeps up, it's just ridiculous.
 
SirRumpole said:
There will have to be rationing of such items if this keeps up, it's just ridiculous.
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its supposed to be four per person now, but thats not gonna stop the shitty mobs. Good thing i prepped a month ago when it first appeared locally when everyone else was still in the coronavirus=flu mode and nothing to worry about.

Attitudes slowly changing but a little too late. Well not too late if Scomo is willing to do what Singapore has done (major travel hub with almost 6m population but only 2 to 4 new cases each day and zero deaths so far despite 100+ cases) Strict quarantine facilities each state and contact tracing and enforcement of home quarantine. Thats what we need to slow it down and continue to function until a permanent solution can be found. Rather than half assed effort and praying for the best. Once the virus is allowed to spread uncontrolled its too late. We have almost ten countries with more than a hundred cases just this fortnight. Its already a pandemic, W.H.O just doesnt want to admit it yet.
 
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SirRumpole said:
There will have to be rationing of such items if this keeps up, it's just ridiculous.
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When I mentioned it to the lady at the checkout she said there were people waiting in the store for the delivery to arrive. She also said tissues and paper towels are selling in abnormally large volume.

It has also been on the news about police arresting someone in Tamworth due to a fight in a shop relating to toilet paper. The person arrested was a customer apparently.

Incredible really.
 
I might try coughing and sputtering when I'm in a long queue. I wonder if I could clear the entrance to woolies this way before the doors open.
 
Walked into Farmer Jacks Subiaco today and there were about 80 or so packs of toilet paper on offer. No queues to get them. Plenty of Detol hand sanitiser available.
 
bellenuit said:
Walked into Farmer Jacks Subiaco today and there were about 80 or so packs of toilet paper on offer. No queues to get them. Plenty of Detol hand sanitiser available.
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Most the shops in Mandurah cleaned out
 
Went shopping at my local Aldi today - not a single sheet of toilet paper, completely cleaned out.

I'm old enough to remember newspaper sheets on a piece of string. There might be some compulsory nostalgia coming up, although the wholesale suppliers say don't be silly, it's just a fear-based stampede
 
bellenuit said:
Walked into Farmer Jacks Subiaco today and there were about 80 or so packs of toilet paper on offer. No queues to get them. Plenty of Detol hand sanitiser available.
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Subiaco would be full of bidets if the price of parking is any example
 
bellenuit said:
I don't know the source of this information, but it is worrying. Only the first 60 seconds is relevant as it seems to have being overlaid on some other unrelated video.

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Yeah, it's really terrible, yet the Who site shows a slower progression
 
qldfrog said:
To explain why the WHO is NOT declaring a pandemic
https://www.washingtonpost.com/opin...4bc326-5cb3-11ea-b014-4fafa866bb81_story.html
WHO gambled with bonds conditioned on no pandemic declaration
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Google Pandemic Bonds .... now there's an exercise in financial convolution, likely to be of no use to intended beneficiaries
Pandemic bonds sound like a curious financial concept — but they were brought in by the World Bank in 2017 to help developing economies. Against the odds, the coronavirus outbreak may see investors lose money on them...
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https://www.dw.com/en/investors-fle...-coronavirus-set-to-trigger-payout/a-52539926
 
Please people, before you all go off on some stupid tangent about WHO bonds, do some research as to why they issue them and what they are trying to achieve.

Facts : The issues some high interest rate bonds 6-7%, with those sort of returns there is some risk "YES". So those that buy should understand this.

Why do they issue bonds?
Because there is a deep seated requirement to screw everyone over "NO".

In case of an outbreak of a virus, WHO needs to be able to deploy capital fast in countries all around the world, with having to go through the red tape of the prospective govnuts.

So where do hey get this capital from? F----k me dead, they use financial instruments called BONDS.

So what would you prefer, than when a virus breaks out in a country, WHO can do nothing as they have no money or issue bonds.

"Google Pandemic Bonds .... now there's an exercise in financial convolution, likely to be of no use to intended beneficiari", in a load yielding world, 6% returns so good. So your comment is of no value.

My apologies if I come across as aggressive, but over time I have grown old and get tired of people making comment without having a true understandings of the workings of how humanity works.
 
satanoperca said:
Please people, before you all go off on some stupid tangent about WHO bonds, do some research as to why they issue them and what they are trying to achieve.
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The issue isn't with the bonds as such but with the reluctance to state the obvious and use the word "pandemic" when that's clearly what is occurring.:2twocents
 
In addition :
I think as I have stated before, this is well and truly overblown and the figures are at best very blurry.

Total infection rate is at least x10 higher, why, the data set is based on people who are tested, those people are generally showing acute symptoms. So the vast majority of people who have been infected never come into the data set, just like the flu each year. How many of you get the flu, and how many of you know that you have been officially recorded as having the flu? Basically <5%.

So, it stand to reason that the mortality rate is <1%.
 
Smurf1976 said:
The issue isn't with the bonds as such but with the reluctance to state the obvious and use the word "pandemic" when that's clearly what is occurring.:2twocents
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What is the definition of a pandemic?
Just grab this so might not be correct, but is a start :
"Pandemics are large-scale outbreaks of infectious disease that can greatly increase morbidity and mortality over a wide geographic area and cause significant economic, social, and political disruption."

So lets break this down :
Large Scale outbreak - define, is it a % of the population in a country or countries?
morbidity - the condition of being diseased. I would say 75% of the population carry some sort of disease, so meaningless.
mortality - the state of being subject to death. A bit more serious, an increase from what base, how do we measure this, is it a simple equation or a more complex one. ie if it greatly effects those over > 75 should we be concerned, over the age of >90 again, should we be concerned.
cause significant economic, social, and political disruption - this is the easy one, dumb arse people not finding the facts and figures, cannot be easily qualified.

So every year by the above definition we have several pandemics, the various versions of the flu.

Is this a pandemic, NO
 
satanoperca said:
Please people, before you all go off on some stupid tangent about WHO bonds, do some research as to why they issue them and what they are trying to achieve.

Facts : The issues some high interest rate bonds 6-7%, with those sort of returns there is some risk "YES". So those that buy should understand this.

Why do they issue bonds?
Because there is a deep seated requirement to screw everyone over "NO".

In case of an outbreak of a virus, WHO needs to be able to deploy capital fast in countries all around the world, with having to go through the red tape of the prospective govnuts.

So where do hey get this capital from? F----k me dead, they use financial instruments called BONDS.

So what would you prefer, than when a virus breaks out in a country, WHO can do nothing as they have no money or issue bonds.

"Google Pandemic Bonds .... now there's an exercise in financial convolution, likely to be of no use to intended beneficiari", in a load yielding world, 6% returns so good. So your comment is of no value.

My apologies if I come across as aggressive, but over time I have grown old and get tired of people making comment without having a true understandings of the workings of how humanity works.
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I have nothing against the Bonds but a lot against the fact that the incentive for Big Players NOT to declare a pandemic is so high 0.5billion
..and that WHO is following its marching order and delaying a declaration as a result
Waky waky before getting angry, READ the posts
 
satanoperca said:
What is the definition of a pandemic?
Just grab this so might not be correct, but is a start :
"Pandemics are large-scale outbreaks of infectious disease that can greatly increase morbidity and mortality over a wide geographic area and cause significant economic, social, and political disruption."

So lets break this down :
Large Scale outbreak - define, is it a % of the population in a country or countries?
morbidity - the condition of being diseased. I would say 75% of the population carry some sort of disease, so meaningless.
mortality - the state of being subject to death. A bit more serious, an increase from what base, how do we measure this, is it a simple equation or a more complex one. ie if it greatly effects those over > 75 should we be concerned, over the age of >90 again, should we be concerned.
cause significant economic, social, and political disruption - this is the easy one, dumb arse people not finding the facts and figures, cannot be easily qualified.

So every year by the above definition we have several pandemics, the various versions of the flu.

Is this a pandemic, NO
Click to expand...
Sorry but who cares about your definition , there is a WHO one, feel unlighted and look for it
Over time I have grown old and get tired of people making comment without having any clue.
 
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