Australian (ASX) Stock Market Forum

Economic implications of a SARS/Coronavirus outbreak

Folks, please try and be a little sensitive. Nobody likes to think of loved ones passing away. This is clearly an emotive debate, but a little sensitivity goes a long way. Thanks.
It does effect business dramatically I realise but still don't think it should be on the open trading forum Joe. Or perhaps everyone just post business effects only.

Just ten cents.
 
2!!!!

OMG!!!!!

Do you know how many 30 yos have topped themselves?

If you are saying from this year. No one knows.
We have a scrappy system that will be upgraded in 2022.
So I suppose that was a rhetorical question.
 
If we cannot report accurately on past and current events, like suicide in < 30year old men in Oz?
Do you really think the data that is available on covid is accurate?
 
This is the Covid economic thread, people are arguing from opposite perspectives.

No One Wants anyone to die but we cannot continue to lock down our nation.

There are treatments overseas that are getting good results but our media is not publishing them and social media is actively censoring them, wonder why ?

Certain people are pushing a vaccine that has 100% side effects very similar to Covid, no way are they putting that in me

So once this bout of Covid is contained we will unlock again and shortly after that we will have another outbreak, what do we do then ?
 
If we cannot report accurately on past and current events, like suicide in < 30year old men in Oz?
Do you really think the data that is available on covid is accurate?
Yes, suicide is more difficult to measure and involves the coroner.
 
If you are saying from this year. No one knows.
We have a scrappy system that will be upgraded in 2022.
So I suppose that was a rhetorical question.
Dude, I know two 30 yo that died from falling off horses this year... and tragically, a beautiful 17 yo girl that had an amazing life ahead of her :(

Should we shut down the equestrian community?
 
Dude, I know two 30 yo that died from falling off horses this year... and tragically, a beautiful 17 yo girl that had an amazing life ahead of her :(

Should we shut down the equestrian community?
Obviously not!
We should improve it.
And I don't see why we should let anyone down.
Young or old.

And throwing people to the wolves for the sake of the economy would cause even more long term mental harm. We are not bastrds here, though some want us to be.
 
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Obviously not!
We should improve it.
And I don't see why we should let anyone down.
Young or old.

And throwing people to the wolves for the sake of the economy would cause even more long term mental harm. We are not bastrds here.
Ok, then what you are saying is that we should take reasonable steps to try to minimise incidents and harm, without harming the whole.

Isn't that what my, and other's points are here.

Most certainly we should try to minimise the harm of covid for those people who are at most risk, the elderly and others with comorbidities.

Of course we should, nobody is suggesting otherwise.

But should we harm the whole in that pursuit?
 
Wow!

Just f***ING wow!



Suggest you go & listen to the whole answer to the question before cherry picking a snipit like that. It really does your argument a disservice to do otherwise.

Below is a link to a Youtube video of the whole interview & a transcript of the question asked



https://www.rev.com/blog/transcript...-andrews-press-conference-transcript-august-7



Reporter: (56:52)
In these uncertain, unprecedented times, do people just need to be patient?

Daniel Andrews: (57:00)
Oh, well I’m not going to be lecturing people like that. What I would say is this, this is what is necessary. It’s never been done before. It cannot be made perfect. It will always be imperfect. But any challenges, any imperfections in those rules are not for the lack of effort. And they’re not for the want of trying. Everyone is working very, very hard. And again, we’ve always been upfront about this, that there would potentially need to be changes, refinements, further work done, and we’re open to that. And that’s why it isn’t as if we had some conversations and then just stopped, put the rules in place and then you can’t talk to us. We are engaging and will continue to engage. And I think there’s been some very positive feedback today from a number of very big players and I’m grateful for that.

Daniel Andrews: (57:44)
But I’m not for a moment pretending that people are happy to have to tell their staff to go home and not come back for six weeks. I’m not for a moment pretending that any business likes to have less customers rather than more, less profit rather than more, that’s really challenging. Really, really challenging. And that’s why we’ve got to fix this health problem. If we don’t get these numbers down, then we simply won’t be able to open up. And that economic damage I think is altogether higher, it’s more. And that’s when we get into these issues about the other side and people not being able to reboot, not being able to be on that journey of rebuilding.

Daniel Andrews: (58:20)
If this goes on almost indefinitely, then it’s not about closing businesses for a period of time, it’s closing them for good. I don’t want that. I want businesses to survive. I want workers back at work. I want people to have the stability and security that comes with the job. I’ve spent every day in the job I’ve got trying to create jobs, trying to build the things that we need, trying to change our state for the better. I don’t want this. I want us to get past this. And the only way we can do that is if we get those numbers down.
 
To relate it back to the topic, which you haven't even tried to do, the economic impact is clearly being caused by the lockdowns etc, and we will only recover when we get rid of the lockdowns. The lockdowns are not eliminating the virus so they are not a strategy with an endpoint, just an ongoing system of economic destruction. It does indeed seem we are stuck in this paradigm for the time being, and the question we need to ask is when will this change?

You keep talking about Sweden, why don't you talk about New Zealand ?

Initial total lockdown virtually eliminated the virus there.
 
Dude, I know two 30 yo that died from falling off horses this year... and tragically, a beautiful 17 yo girl that had an amazing life ahead of her :(

Should we shut down the equestrian community?

If horses are rampaging through the streets and killing innocent persons then yes, we should stop that.

In the context of riding them however well that's a completely voluntary activity. Unlike a virus which in practice is hard to avoid, that being the inherent problem with it.

I'm very sure I haven't ridden a horse today but I can't be sure I wasn't exposed to COVID-19, there's the problem. :2twocents
 
Isn't the paradox and the real issue developing into this black and white response the fact that indeed, not only can you not know if you have been exposed but for conservatively 75% of people, being exposed and catching it is transparent and symptomless, not even fever.
So the scare tactics and martial law
Unless curfew and restriction of movement is the new normal for freedom


This is behind the hysteria in testings..2 near acquaintances got tested and were freaking out, here in Brisbane, one 18y old.FFS
Both negative
We used to have a whole industry of positive mindset, some even supposedly curing cancer..i know...
And now, we have 20y olds freaking out catching a disease which is harmless to them while 6 months ago, no one was wearing tongue condom to avoid herpes, a much more significant issue for that age.
Crazy
And extra $ for these tests not thinking about the cost on the planet with waste of resources right and left
But it is ok, we are going to forbid plastic straw in QLD.
Where is Greta? LOL
 
This is behind the hysteria in testings..2 near acquaintances got tested and were freaking out, here in Brisbane, one 18y old.FFS
Both negative And now, we have 20y olds freaking out catching a disease which is harmless to them while 6 months ago, no one was wearing tongue condom to avoid herpes, a much more significant issue for that age.
Crazy

Where is Greta? LOL

Thank you @qldfrog . I was feeling mellow this morning enjoying cool air and a breeze off the ocean with the attendant smells and sounds when your post awoke me. A quick check on alibaba.com shows that POTUS Tongue condoms come highly, or lowly as the case may be, recommended.

potus.jpeg

An now back to the economy and coronavirus.

gg
 
Thank you @qldfrog . I was feeling mellow this morning enjoying cool air and a breeze off the ocean with the attendant smells and sounds when your post awoke me. A quick check on alibaba.com shows that POTUS Tongue condoms come highly, or lowly as the case may be, recommended.

View attachment 107155

An now back to the economy and coronavirus.

gg
:)
So what is the actual cost of testing? Anyone aware?
 
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