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Economic implications of a SARS/Coronavirus outbreak

The law of unintended consequences... Canadian bank runs.

Well done Justin.


thought they would start for a different reason , but was always ( since September 2019 ) apprehensive of this ( either in a nation i have invested but especially here )

has a future world leader stamped all over him
 
as a 'baby-boomer ' also , i am nothing like him must have been the university education ( i chose not to take )
Macron Trudeau Jacinta all hybrid communism v3.0: a mix of cronysm capitalism with communism pretext and globalism.
They represent the worst of Chinese model but w/o the nationalism.
Still communism by any other name and the stooges of their Reset masters.

Which ALP leader will fulfill that role here and when will they take power is the question for us. Not if , just when.

Julia was a good candidate but came too early.And now after the covid scam they have the tools to impose.
Blocking crypto.. but..but..but.. associating any opposition to terrorism and seizing of bank accounts . that's the economic legacy of covid too..just happen to fit the Reset scenario duhhh
So have you been to the WEF site and read where you are heading to yet?
 
Macron Trudeau Jacinta all hybrid communism v3.0: a mix of cronysm capitalism with communism pretext and globalism.
They represent the worst of Chinese model but w/o the nationalism.
Still communism by any other name and the stooges of their Reset masters.
Tell me one high profile politician who came from a poor background, that didn't end up very wealthy and it couldn't have been done on a politicians salary. :xyxthumbs

But getting back on thread another big building company biting the dust.

Verge of collapse: Tradies told to stop work on sites​

National building company Probuild is reportedly preparing to call in administrators after making huge losses on projects around the country.
 
Certain electronic parts are now so hard to get that they went from $20 to $90. My sons business he works for has to close down for a few months till they can source parts.

Stock for furniture stores is often a 3 (or more) month wait.
 
I wonder if we will see a premium in housing market for established, no work needed houses vs reno/bare land due to this supply issue.
Will covid scam ultimately lead to some areas of cheaper real estate...
I am still keen to swap my no work needed place for more land shittier building but only because i can do a lot myself/think outside the box
 
According to research from Oxford University via The Australian
People who have been infected with coronavirus have reduced brain volume and perform less well on cognitive tasks, and the effect is more marked the older they are.
The findings come from a study of almost 800 people, and is the first time scientists have been able to look at the brains of the same people before and after infection. This makes it the best evidence yet for prolonged neurological consequences of an infection.

However, it is not known whether the decline may be reversed over time, or whether it could be mitigated by getting vaccinated first.

“We were quite surprised to see clear differences in the brain even with mild infection,” said Gwenaelle Douaud, from Oxford University in England. Only 4 per cent of those involved had been in hospital with coronavirus.

Some of the strongest physical effects were seen in parts of the brain associated with smell, which could be because of the loss of the physical sense and the information coming from it. This led to hopes that the decline could be stalled or reversed. “It is possible that recovering it might lead to these brain abnormalities becoming less marked over time,” said Professor Douaud.
If this is true, I suspect that Covid has been around a lot longer than we think.
Mick
 
According to research from Oxford University via The Australian

If this is true, I suspect that Covid has been around a lot longer than we think.
Mick
Scientifically, the key question is: is the jab producing the same bad results, and is a jabbed person later infected displaying same or twice the negative effect..just pure logic and scientific process.good luck to get answers there
 
Scientifically, the key question is: is the jab producing the same bad results, and is a jabbed person later infected displaying same or twice the negative effect..just pure logic and scientific process.good luck to get answers there
Well, I guess we need to look at the viral status of the researchers.
If they have had covid and their cognitive functions have decreased, then we might question the quality of that research.
Of course, if they have had it more than once, they should go get another job!.
Mick
 
So to repeat what probably everybody already knows on here, the fed has Jacked rates 25 basis points overnight and the 10-year yield seems to be getting itself entrenched at greater than 2%.

The language indicates further rises at each and every fomc meeting for the rest of the year... All subject to "special circumstances" as they arise, of course.

Any guesses as to what our own reserve Bank will do and the likely implications for our interest rates, economy and real estate market?

The wheel is spinning, last bets boys.
 
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Scientifically, the key question is: is the jab producing the same bad results, and is a jabbed person later infected displaying same or twice the negative effect..just pure logic and scientific process.good luck to get answers there
It's funny you say that, because you may be aware, I'm an observatory sort of a person.

I have observed quite a few elderly people (mainly at Aldi) whilst they were shopping and in the car park.
It appeared as they were operating on reduced cognitive function.
One would imagine that they hadn't had covid as it wasn't prevalent in my area at all.
But one would imagine they were vaxxed to the hilt.
Maybe it was the masks...?

Some schools in the US now want to do ECG's on kids as part of their physical, before they are allowed to participate in school sports.
Florida state following Germany, in recommending NOT vaxing healthy kids.
 
With unemployment apparently now the lowest it's been in 14 years, I think there's a bit of wiggle room now... (depending on metrics, and I haven't seen the participation rate lately, oh, and when was the definitions last changed and when will they change again???

I'm guessing it may depend on who's elected. If Morrison wins it (rate rise) will get dragged out, otherwise if Albo takes the cake, rises will follow sooner, imho
 
Lowe has stated numerous times, there will be no rate increases till 2023.
He's in charge of rates, and has the very best financial experts backed up by a ouji board and tea leaf reader.
So that answers it then.
Mick
 
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