Knobby22
Mmmmmm 2nd breakfast
- Joined
- 13 October 2004
- Posts
- 9,887
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Should correct: wrong indeed: panicky mindset related to virus medical damage.Not sure what you mean about my mindset and not be invested frog, I have tons of skin in the game
30000 deaths no need to googleShould correct: wrong indeed: panicky mindset related to virus medical damage.
Yes you have leverage it and indeed are invested which i admire if you really believe the virus is that bad.
Basically you play well the scare to your credit
But i suspect thea masses will go back cash gold and banks BHP because we are in Oz.
And we need to take that into account, as you didfor the tech flight
Meanwhile in the real world:France growth surprised by being higher than expected.economy restarting stronger than expected
Nothing to add.and virus widespread there
As you say frog, we have to think about what will play out in the market, what the authorities do we have no control over, this is going to be a drop in real living standards not just a drop in the markets.Should correct: wrong indeed: panicky mindset related to virus medical damage.
Yes you have leverage it and indeed are invested which i admire if you really believe the virus is that bad.
Basically you play well the scare to your credit
But i suspect thea masses will go back cash gold and banks BHP because we are in Oz.
And we need to take that into account, as you didfor the tech flight
Meanwhile in the real world:France growth surprised by being higher than expected.economy restarting stronger than expected
Nothing to add.and virus widespread there
Now how to make money from the scared rabbits in the spotlight..invest in their new religion the VACCINE saving us all...Not to give a lesson but
How to look at figures
One take death by coronavirus
Sweden if you like
Total number
Look at overall death total number
Then look at last year total number
Look at the trend..i just did for Sweden : mortality on the rise due to population aging
Out of last 3/4 years draw line and get expected mortality number for 2020
Compare to current number wait for end of year for full year
What were the added extra deaths
Anything else is bull****.
You will get final numbers by end of year. Better at the end of next year you will see the real impact
Now get the same in finland for this year and next and determine the "winner"
Pm me in december 21 and we restart that thread
@qldfrog continues to make claims that do not match reality.Not sure what you mean about my mindset and not be invested frog, I have tons of skin in the game
Another way to look at it would be to ponder how much was wasted on the completely pointless Iraq war and the whole "terrorism" thing in general given that 11 September 2001 killed essentially nobody compared to what COVID-19 has already done in the US alone.
Or how much was spent on the GFC and why were businesses which received assistance not required to publicly acknowledge this support and repay it in full with commercial rates of interest? That alone would fund plenty of medical care and improve lives.
Etc. This whole argument looks awfully like another case of trying to socialise the costs in the interest of private profit. I'd take it far more seriously if business proposed a middle ground that got things going whilst sharing the cost.
An article in the SMH, which seems to echo our thoughts on ASF.
https://www.smh.com.au/money/invest...ividend-pandemic-wipeout-20200702-p558gk.html
@qldfrog continues to make claims that do not match reality.
Older Australian's are, on average, significantly more wealthy than younger Australians and therefore have "most skin in the game."
Large slabs of our economy rely on foot traffic, and that traffic disappears when it's not safe to go out. The multiplier effects of COV19 affected industries in terms of loss or reduced income and revenue, and loss of jobs, are profound.
However, States maintaining community confidence - the likes of WA, QLD, SA and Tassie - are now starting to hum along (excluding some sectors largely dependent on international travel/tourism). For the first time in around 3 months I had to drive around our local shopping centre car park to find a spot, and was queuing behind other waiting cars.
While I am not a fan of closing borders, given we have not adopted the successful approach of Wuhan in rounding up and relocating all positive COV19 cases in isolation centres, it's the next best step. And apart from McGowan's approach in WA, quarantining efforts have left a great deal to be desired. Even today within Victoria it's a shambles.
My personal view is that our greatest failing in "messaging" has been to ignore all international success in case reductions by wearing masks. Tony Fauci has a 2 point message: social distance and wear a mask. And keep doing it for months after all cases have disappeared. We have a 3-step message. Most people know the first 2 points but not the third, and none include wearing a mask. Our so called experts keep saying they are relying on the best scientific evidence for their recommendations, yet they keep sitting on the fence on masks, seemingly not wanting egg on their face for doing a backflip at our expense!
The global death rate based on confirmed cases is around 4%.@tech/a Where are you getting the 7% figure from?
The global death rate based on confirmed cases is around 4%.
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