Economic implications of a SARS/Coronavirus outbreak

[divs4ever]

i'll probably stop giggling in a hour or two

good one !!

 

[divs4ever]

‘There will be some’: NAB CEO says Aussies will lose their houses​

‘There will be some’: NAB CEO admits Aussies will lose their houses

By the time these lockdowns are over, some Australians will have had to sell their properties, this big four bank chief believes.

au.finance.yahoo.com

yep looks like some sort of mess coming

 

[Smurf1976]

Mainstream media reporting of supply chain problems:

‘Perilous moment’: Global supply chains buckle as variants and disasters strike

Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, parts and consumer goods.

www.smh.com.au

A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South African ports.

Events have conspired to drive global supply chains towards breaking point

It seems to be not just the pandemic but also other factors at play here. Floods, computer problems and so on as well as the effects of the pandemic all combined.

Of note it mentions things like coal unable to be moved around within China. That'll then presumably result in flow-on effects with insufficient fuel / power and goods not being produced and so on which then creates a shortage of something else. Etc.

 

[moXJO]

Confirm that having problems with certain stock from China suppliers due to floods.

 

[over9k]

 

[qldfrog]

https://www.reuters.com/world/uk/uk...andemic-cost-risks-decades-report-2021-07-24/
What a shamble, so imagine for us, still in lockdown...

 

[divs4ever]

UK health minister sparks fury by urging people not to 'cower from' COVID

https://www.investing.com/news/coro...urging-people-not-to-cower-from-covid-2567312

well that is one way to get them on the streets

not a Shambles YET

 

[divs4ever]

https://www.reuters.com/world/uk/uk...andemic-cost-risks-decades-report-2021-07-24/
What a shamble, so imagine for us, still in lockdown...

i have been to The Shambles , it is a very interesting place

but you have to see it to understand it

BTW we don't have many cobble-stone streets in Australia

 

[qldfrog]

i have been to The Shambles , it is a very interesting place

but you have to see it to understand it

BTW we don't have many cobble-stone streets in Australia

Probably by design, to avoid using them as missiles in the next riot..
French revolution heritage ?

 

[divs4ever]

going to be an interesting couple of years coming

are the French on the verge of another revolution ??

 

[qldfrog]

going to be an interesting couple of years coming

are the French on the verge of another revolution ??

no, they have been moved to the woke stage by 2 decades of leftist brainwash in the education system and 40 y of socialism, so 55% o voters agreeing on stealing and redistributing money from the top 45%
The academic level has collapsed so the mathematical and statistic knowledge needed to have a clear view of COVID/measures
They are as sheeples as the aussie average guys

 

[divs4ever]

maybe , but wait until they get what they were promised

a 0.1% elite and everyone is equally poverty-stricken

 

[basilio]

maybe , but wait until they get what they were promised

a 0.1% elite and everyone is equally poverty-stricken

It's all very delicate it my opinion. Out of control exceptionally infectious COVID. Risks of death and illness overwhelming medical facilities and undermining much economic activity. And this on top of an economically catastrophic last 15 months ?

Highly stressed financial markets around the world. A number of countries now teetering on actual collapse. South Africa ? South American counties ? Asian ? What happens to their debts ? Who is on the hook ?

Crunches on supply chains which can effect multiple industries. Widespread simultaneous climate caused disasters. Floods, Fires, Drought. Again all of these impacting on National governments and their capacity to respond and protect their communities.

And don't even mention the economic/political conflicts between US and China. Where can that go ?

In that context what do we think could be/would be the response of stock markets around the world ? What do the actual fundamentals of economic activity now look like vs throwing a few more trillion into supporting the markets ?

If this starts to go down, IMV the automated stock market systems will accelerate the fall very, very quickly.

 

[divs4ever]

but i think the global economy collapsed in September 2019 when they resorted to Repo Madness , all the rest MIGHT be a distraction

i am HOPING the stock market will be an income source no matter what the currency ,

if divs can pay my bills i will be fine , i am pretty frugal already , no car , no plane , no yacht , no beach house , no flash watch

 

[qldfrog]

maybe , but wait until they get what they were promised

a 0.1% elite and everyone is equally poverty-stricken

The error i see in your post is it will be 0.01%, an under class of military policing force and then the worms..
Not really slaves, there are no jobs, just a different version of slums economy.traffics, small cornerstore,petty crimes and recycling economy..yeahh CC is beaten

 

[divs4ever]

the military class run the risk of being replaced by machines , just as much as the factory worker ,

but we will see , well some of us will

i notice an article in the news the deer running the streets in Sydney is a growing concern , if fact one person in 2012 died when a vehicle collided with a deer , starting to look like the ruling class is losing control of their marbles

 

[qldfrog]

If you meant 2021 and not 2012
We have
2021 Australia
covid 1: deer 1
Lets eradicate deers, let's provide shotguns to all available adults and 6y plus kids.wearing of slingshots and hunting knife mandatory.
I heard the deers in Europe have grown fangs
should i carry on??

 

[divs4ever]

i would rather have the deer roaming the streets than politicians

the deer have not been discovered to spread Covid yet

and remember in SOME counties deer are FOOD and sometimes transport ( and the hide can be useful as well )

and OH WAIT the deer do NOT rely on tax-payer funding either

 

[over9k]

NO IT CANNOT

 

[divs4ever]

​

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Rigged! How to Invest in the Lockdown Economy — Economy Lockdown​

Rigged! How to Invest in the Lockdown Economy — Economy Lockdown

In today’s Money Morning three reasons why the ASX has nothing to do with economic health here’s where to invest in a rigged lockdown economy the game is rigged, but you don’t have to lose and more

www.moneymorning.com.au

maybe this article while stir up some discussion