Economic implications of a SARS/Coronavirus outbreak

[divs4ever]

Starpharma says nasal spray can stop Delta​

Starpharma says nasal spray can stop Delta

A nasal spray being used to prevent COVID-19 is more than 99 per cent effective against the Delta variant sweeping the world, its maker claims.Melbourne-based biopharmaceutical group Starpharma on Tuesday published test results to show its Viraleze spray, already used in Europe and India, works...

au.finance.yahoo.com

DYOR

i do NOT hold this share

gee i wonder if Lorna Jane and Starpharma can apply for refunds of their fines

so far both have kept up to the standards maintained by the 'narrative '

like a recent headline in the MSM , farts transmit Covid ( if THAT is not misinformation .. and 'masks work' LJ has money coming )

 

[moXJO]

Starpharma says nasal spray can stop Delta​

Starpharma says nasal spray can stop Delta

A nasal spray being used to prevent COVID-19 is more than 99 per cent effective against the Delta variant sweeping the world, its maker claims.Melbourne-based biopharmaceutical group Starpharma on Tuesday published test results to show its Viraleze spray, already used in Europe and India, works...

au.finance.yahoo.com

DYOR

i do NOT hold this share

gee i wonder if Lorna Jane and Starpharma can apply for refunds of their fines

so far both have kept up to the standards maintained by the 'narrative '

like a recent headline in the MSM , farts transmit Covid ( if THAT is not misinformation .. and 'masks work' LJ has money coming )

Just add cocaine to it and Sydney cases will go to zero new infections within a 3 day period.

 

[divs4ever]

Surprising subject Aussie school students are ditching​

Surprising subject Aussie school students are ditching

Aussie students are turning their backs on this core subject with experts warning it could greatly affect their financial situation. Find out what it is.

au.finance.yahoo.com

well considering the current economy predictions , virus infection modelling and PE of the stock-market where is the incentive to learn

most of then can just make sh*t up just fine already

 

[moXJO]

How are other states apart from nsw travelling?

I'm worried we will have an initial pump with some catch up work and then drop off a cliff.

 

[divs4ever]

well i haven't seen anything from Tasmania , so they are either all dead , or going fine

the rest of them are alive and screaming for more stimulus and bail-outs

.. so i guess there is a Federal Election coming

we are well over that cliff sitting on a cloud of dreams ( future tax revenue )

 

[wayneL]

well i haven't seen anything from Tasmania , so they are either all dead , or going fine

the rest of them are alive and screaming for more stimulus and bail-outs

.. so i guess there is a Federal Election coming

we are well over that cliff sitting on a cloud of dreams ( future tax revenue )

Wage earners should assume the position forthwith.

Businesses and the self-employed should start thinking very carefully how not to get cornholed by the government going forward.

Me... I'm seriously thinking about an alternative lifestyle.

 

[divs4ever]

WIND ROSE - Diggy Diggy Hole (Official Video) | Napalm Records​

your choice a good place for your goodies or a full bunker complex

( the opal fields are easy digging , but can be a bit hot )

 

[boofhead]

Tasmania is now 447 days free of the virus in the community.

Increasing use of an app when visiting commercial places etc.

 

[divs4ever]

good work Tasmania

just stop politicians and sporting folk from the mainland and it should be a breeze

 

[Smurf1976]

good work Tasmania

just stop politicians and sporting folk from the mainland and it should be a breeze

As a general thing I think the smaller population states are going to come out of this much better than the larger ones.

Tas, SA, WA, NT have all been able to retain something reasonably close to "normal" most of the time throughout this, imperfect but overall they've kept most business etc running.

 

[frugal.rock]

i would rather have the deer roaming the streets than politicians

Dunno about that, depends on whether you are a cannibal or not... but yes, would much prefer to be carving up a wayward buck on my car bonnet ?
(Joke of course, I don't condone violence unless they really do need a good smack for causing trouble...)

Just add cocaine to it and Sydney cases will go to zero new infections within a 3 day period.

I reckon nicotine should come back into fashion... would like to see stats on smokers catching it!?

Although if a smoker did get it, probably game over if you didn't cease smoking immediatly.

Meanwhile, NSW continues down the path of Draconian policing under the guise of the public interest of law n order.

RnR used to mean rest n recreation, now, it means REVENUE RAISING.
Caveat; not particularly directed around vivid policy policing, but vowing to fine everyone who was protesting?

 

[divs4ever]

would depend on how you tested the 'infected' some tests will flag anything ( maybe even nothing )

if NSW votes either major party back in next election they deserve what they get ( a bloody politician )

 

[over9k]

Lockdown payments increase to $750, Aussies on Centrelink get $200 boost

The COVID-19 Disaster Payment will be increased amid the Sydney lockdown, while Australians on Centrelink will also receive extra support. Read more.

au.yahoo.com

Much of Australia is virtually back to square one.

 

[pozindustrial]

Lockdown payments increase to $750, Aussies on Centrelink get $200 boost

The COVID-19 Disaster Payment will be increased amid the Sydney lockdown, while Australians on Centrelink will also receive extra support. Read more.

au.yahoo.com

View attachment 128070View attachment 128069View attachment 128071

Much of Australia is virtually back to square one.

Another story in response. Food for thought. Nothing else.

​

When free people come to accept it's okay to live off the spoils of others, they don't care if new promises can't be paid for. They just want them and they want them now even at their own peril. - Webmaster

A teacher from Jennings, Florida, on the Georgia border wrote the most eye-opening civics lesson I had ever seen while recently teaching in an elementary school. It was the middle of 2008 when the presidential election was really heating up on television screens in American homes and children were showing an interest.
With permission, I decided to try the civic's lesson plan in my own classroom.
The concept was simple.
The class would hold an election for class president. This would help them to understand the process that was going on around them, hopefully reflecting what some parents might be saying at the dining room table.
To simplify the process they would choose their own nominees, no other class being involved. The nominees would discuss why they would like to run for office. From these classmates two would be selected, each making a campaign speech. Then the class would vote.
We discussed what kinds of characteristics the nominees should have such as honesty, character, and ability to get the job done that they promised to do. We got many nominations, and from those came two; Jamie and Olivia, who were finally picked to run for the mock office.
Each would make a speech giving their platforms and why they should be elected to represent the class. It was just like the American politics in the summer of 2008. The children had even been encouraged to discuss the class election at home, getting their parents to help select the best candidate.
The day of the election was at hand. The class seemed to have done a great job in their selections, excited about the vote. Both candidates were good kids. I thought Jamie might have an advantage because he got lots of parental support. But I had never seen Olivia's mother, so I didn't know how she felt about the process.
The day arrived when Jamie and Olivia were to make their speeches.
Jamie went first. He had specific ideas about how to make our class a better place. He ended by promising to do his very best. Everyone applauded, as he sat down.

Now is was Olivia's turn to speak. Her speech was concise and short. She said, "If you will vote for me, I will give you free ice cream." She then sat down.
The class went wild. "Yes! Yes! We want free ice cream.We want free ice cream!" they shouted.
Olivia surely would say more, but she realized quickly she didn't have to.
A class discussion followed.
"How did Olivia plan to pay for the ice cream?" She wasn't sure.
"Would her parents buy it or would the class pay for it." She didn't know.
But the elementary class of children didn't care how the promise made was going to be kept. All they were thinking about was the free ice cream.
Soon Jamie was forgotten and Olivia won the election by a landslide.
One year later after the interesting classroom study into electing a leader within a democracy, I think about this as I listen to the new president of the United States.
Every time the presidential candidate had spoken, it was like the offering of free ice cream. In the end 52 percent of American voters had reacted just like those nine-year olds the summer before. In this case, and with adult voters, they wanted their gas tanks filled with free gas, their mortgages paid, and they didn't care how it was to happen. It was not unlike the discussions we had in the mock election about free ice cream.
The other 48 percent, who didn't vote for the new president, knew someone was going to have to buy the cow, take care of it, feed it every day, clean up its daily mess, milk it every morning and then deliver the milk to the place that made the ice cream, no one having to pay anything for all the work since the ice cream was going to be free once made, distributed, and consumed.
It is a stark reminder that no government can give anything to anyone for free unless it's been stolen from someone else first.
Thomas Jefferson, one of the founders of our democracy, had given a stern warning about this if ever the American voter was to act like a fourth grade class of children who simply wanted free ice cream and didn't care where it came from.

"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not." - Thomas Jefferson

Some people think my views are socialist, but the above is probably the opposite. I just like to look at all sides and contemplate. I like the saying "There are three sides to every story, his, hers and the truth.

 

[over9k]

Linus with a great video on the chips shortage issue and all the contagion that's come out of that (copper and so on).

I pointed all of this out months ago but still nice to see a big/mainstream name explaining it to the regular joe.

 

[over9k]

Worth a watch from 4.58

 

[frugal.rock]

I notice inflation is back on the agenda.
Where are we at with that?

A search on ASX inflation trade stocks comes up with a few, one being A2M....really? What the?
Why is a ailing milk company a good inflation trade?

Regardless, I think we should remember that retail doesn't understand that inflation is transitory, and once prices go up, they generally stay up.
A few exceptions like fuel etc

 

[over9k]

Banks are the place to be with inflation, assuming it becomes runaway and they pump interest rates to contain it. We saw this through march etc - the banks ran on that exact fear.

 

[over9k]

Big banks now calling for rates to be raised/saying it's time to do so:



Talking heads reckon it'll happen in Q4.

Meanwhile, 10 year yields still haven't cracked the previous point at which the markets lost their minds back in feb after the snowstorm:



With the delta variant carryon well & truly over:



Our two questions are whether yields are going to hit that 1.15 point and then get moving again and with summer now being in the rear view mirror the environment is only going to get more & more infectious between both the cold itself and simple fact that the cold keeps more people indoors and thus spreading the virus amongst them.

So in short, it's hard to say whether simple seasonality might effect the data (i.e it'll be worse than the fed wants before it starts tapering) and so we'll need to wait for winter to be in the rear vision mirror for interest rates to bounce again.


But whether the tapering starts q4 2021 or Q1 2022, either way, it's still a bull market because the fed's effectively told us they're only going to stop the printing presses when they're more than sure the economy can take up the slack, so whether it's organic growth or artificial, from our perspective it doesn't matter, we still keep holding everything.

This is modern monetary "theory" at work.

 

[over9k]

The Congressional Budget Office estimates that the 2021 deficit will be slightly less than last year’s total at $2.3 trillion.
But, this is pretty much bullsh*t as it does not include:

• The $1.9 trillion (TRILLION!!!) stimulus package passed by congress; or
• The proposed $1.7 trillion infrastructure package currently in the works.

So, we can take that $2.3 trillion (which took decades of fiscal mismanagement to achieve) and 2.5X it.

Let that sink in… the USA is now on track to effectively triple its deficit in a 1-bloody-year!

Look at this chart:

Note: The red line ONLY includes the 2020 deficit. The dotted line represents the $1.9 trillion stimulus package… the remaining ~$4 trillion deficit still has to be added on top of the dotted line!

Notice how the blue line (gold price) has yet to catch up to the rapidly increasing red line (fiscal deficit)?

Well… if the last 30 years of known data are any indication, it’s going to.



Gold hasn’t even caught up to the 2020 deficit, let alone the coming astronomical 2021 deficit.

Buy Gold or Buy Biden (roadhouse)

resourceinsider.com