Economic implications of a SARS/Coronavirus outbreak

[Joules MM1]

all the info you'll need ?

 

[tech/a]

Still 12 months away even going straight to human testing production will take awhile etc.

wouldn’t be so sure about that
The Canadian Team say full production by mid year
The Queensland team say by October .
And there will be others.

human trials starting within weeks.

 

[mcgrath111]

wouldn’t be so sure about that
The Canadian Team say full production by mid year
The Queensland team say by October .
And there will be others.

human trials starting within weeks.

Why are they talking about production if they haven't started trials?

 

[tech/a]

Why are they talking about production if they haven't started trials?

projected release

 

[basilio]

The Government has announced that everyone who comes to Australia has to self isolate for 14 days.

Right. There goes our shorter term tourist market full stop. How will people coming for business reasons make this work ? Not saying its wrong but how will this be implemented ?

Coronavirus: people not complying with new Australian self-isolation rules could face fines

Overseas arrivals required to isolate for 14 days, cruise ships from foreign ports banned for 30 days, but schools will remain open
https://www.theguardian.com/world/2020/mar/15/all-overseas-arrivals-in-australia-must-self-isolate-for-14-days-amid-new-coronavirus-
rules

Oops. Just saw Rumpy had flagged this earlier today.

By the way should religious organisations still have regular gatherings at the moment ? If so under what conditions ?

 

[Smurf1976]

How will people coming for business reasons make this work ?

I think realistically the answer is that people won't be coming for business reasons.

Any new major investment etc has likely been deferred anyway and anything else will simply be put on hold.

The tourism industry, including conferences, is for practical purposes all but closed.

 

[MrChow]

'Herd immunity': Why Britain is actually letting the coronavirus spread

https://www.theage.com.au/world/eur...g-the-coronavirus-spread-20200315-p54a5h.html

In crude terms, Boris Johnson's government is mounting the argument that the outbreak is now so far gone that it is actually desirable for people to get infected. And a lot of people – potentially up to 70 per cent of the country's population, or roughly 47 million.

A risky strategy? Very. At complete odds with the rest of the globe and the World Health Organisation? Definitely. Politically unpopular? Absolutely. But sensible? Quite possibly.

 

[IFocus]

wouldn’t be so sure about that
The Canadian Team say full production by mid year
The Queensland team say by October .
And there will be others.

human trials starting within weeks.

Hope they are right last report the big pharmas were not on board (may have changed) to produce the billions of vaccines.

Other concerns are the standards used for testing (Chinese likely use prisoners) in the rush still lets hope for the best.

 

[Sdajii]

all the info you'll need ?

Wow.

This video starts by saying that the virus isn't a big deal, and the real problem is scaremongering. It then says the biggest part of the media problem comes down to Trump, because he was so stupid that he tried to play it down to keep people calm. It then says Trump was incredibly stupid to play it down because it's extremely bad, terrifying and will, quote "cause a lot of ******* dead people" emphasising the 7 figure estimate of human facilities in literally the most blatant piece of scaremongering I've seen on a social media video, or mainstream for that matter!

No kidding, that's exactly what this video was!

 

[Joules MM1]

Wow.

This video starts by saying that the virus isn't a big deal, and the real problem is scaremongering. It then says the biggest part of the media problem comes down to Trump, because he was so stupid that he tried to play it down to keep people calm. It then says Trump was incredibly stupid to play it down because it's extremely bad, terrifying and will, quote "cause a lot of ******* dead people" emphasising the 7 figure estimate of human facilities in literally the most blatant piece of scaremongering I've seen on a social media video, or mainstream for that matter!

No kidding, that's exactly what this video was!

no, she said "some say it's no big deal" while pointing to a video shot of an idiot who says idiot things like it's no big deal

it's a p!ss take ...wouldnt take p!sstakes too seriously
a clue was in the remarks "lol ok this is hilarious"

no data source provided so pretty hard to fact check or verify

your reaction is a good clue to your own current disposition

 

[Smurf1976]

No kidding, that's exactly what this video was!

It is but then it's intended to be comedy not factual information.

 

[Smurf1976]

Sums up my thoughts pretty well:

https://www.news.com.au/lifestyle/h...d/news-story/4d36a35aaab8bb37ec72b8d8def003bb

The world has changed most certainly.

 

[PZ99]

Better deposit all your coins and notes in the bank before their circulation gets banned

 

[MrChow]

Fed cuts to 0.

Stimulus has added about +15% to markets since Friday.

 

[basilio]

Excellent overview of what has happened with the COVID 19 virus to date.
In particular note the fact that China has controlled this virus with its stringent isolation practices.

Also check out the analysis of financial support given in GC and the realisation we will need to do much, much more to protect citizens and industry from going under.

Health and wealth — where we've gone wrong on coronavirus
https://www.abc.net.au/news/2020-03...where-weve-gone-wrong-on-coronavirus/12058254

 

[basilio]

I was having a look at the effects of the virus on countries around the world. I suggest the economic ramifications will be grim. Not a good time to be in the stock market IMV.

https://www.theguardian.com/world/2020/mar/15/coronavirus-15-march-at-a-glance
https://www.theguardian.com/world/l...n-uk-us-australia-italy-europe-global-economy

 

[basilio]

This is how Donald Trump treats the Coronvia virus threat to the whole world.
Absolute xxxxing criminal behaviour.

Trump 'offers large sums' for exclusive access to coronavirus vaccine
German government tries to fight off aggressive takeover bid by US, say reports

The Trump administration has offered a German medical company “large sums of money” for exclusive access to a Covid-19 vaccine, German media have reported.

The German government is trying to fight off what it sees as an aggressive takeover bid by the US, the broadsheet Die Welt reports, citing German government circles.

The US president had offered the Tübingen-based biopharmaceutical company CureVac “large sums of money” to gain exclusive access to their work, wrote Die Welt.
https://www.theguardian.com/us-news...s-for-exclusive-access-to-coronavirus-vaccine

 

[basilio]

all the info you'll need ?

These "Honest Government Ads" are the most searing analysis of political xhitxuckery I have ever seen.

They cut to the chase. They cut to the bone. They eviscerate the malignant stupidity that passes for White House at the moment.
And in this case they offer practical public health information as well.

 

[basilio]

It looks as if the stock market will jump on opening...

I think this will be a very nasty bear trap.

 

[tech/a]

Trump ‘offers large sums’ for exclusive access to vaccine
The Trump administration has offered German medical company CureVac “large sums of money” for exclusive access to a Covid-19 vaccine, German broadsheet Die Welt reports, citing German government circles. According to an anonymous source quoted in the newspaper, Trump was doing everything to secure a vaccine against the coronavirus for the US, “but for the US only”.

And there it is right here.
This will not ONLY be Trumps way of dealing with things but many if not most
other countries.

BUT
This tells you very clearly how the US would come to your rescue if
it was a case of self preservation.
Good on ya mate!