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politicalbetting.com » Blog Archive » Labour must get over its myth of 2017 if it is to win again

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    rcs1000rcs1000 Posts: 54,044
    Sandpit said:

    IanB2 said:

    eadric said:

    IanB2 said:

    So the large majority of people are going to have a minor cold for a week and then that’s it?
    This has been known and accepted, by all, from the start. 80% of cases are mild or even asymptomatic. This itself causes problems because you can be carrying the disease, and handing it on, without even being aware you're infected

    15-20% of people will get more seriously ill. Around 10% will require acute care in a hospital. The German doctor believes around 2-3% will die.

    He is saying absolutely nothing new.
    So basically if you are under 75 and reasonably healthy, you really haven’t got much to worry about.

    I wouldn’t wish ill on anyone in their 80s. But this doesn’t look like an existential threat to the global economy. Except possibly for the cruise industry.
    Isn't the economic concern less to do with mortality rates and more to do with the impact of measures designed to limit spread of the infection? Many economic activities may well be closed down or significantly reduced for a period.
    Yes, it’s the severe disruption that’s the economic threat, rather than a large population ‘adjustment’ among mostly economically inactive groups.

    Sporting, cultural events and exhibitions are also getting cancelled everywhere, authorities in many countries don’t want large crowds of people gathering. It sounds as if the French football league will be being played entirely behind closed doors this weekend.

    It was OPEC who called it first, that China’s demand for oil and gas was 25-30% off during January. That’s still a pretty good estimate for how much Chinese economic output has been down - which is why the authorities are now desperate to get the factories open again.
    If China's demand for oil was down 25%, then oil would be sub $30, not at $45. Simply you can't take 2.5-3.0m barrels out of world oil demand without dropping the price at least 50-60%.
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    BigRichBigRich Posts: 3,489
    Any news Anecdotes for the south Carolina Primary?

    With all the other news it seems to being forgotten about, but is still important.
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    rcs1000rcs1000 Posts: 54,044
    eadric said:
    That's because China is doing the right thing. They're recognising that while containment has economic consequencess, it avoids complete disaster. Simply, a few months of minimal economic activity can be bounced back from pretty quickly. While a pandemic is going to be much more difficult.

    The US is going for the opposite approach, wanting to keep the economy growing irrespective of the possible risk of mass infections.

    Now sure, 80% of people will have only minor symptoms. But if one fifth of people infected are seriously ill, how will they be treated? Where are the hospitals and the beds and the drugs?

    People overly fixate on the mortality rate, when the serious illness rate is at least as important.
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    IanB2IanB2 Posts: 47,325
    edited February 2020
    eadric said:

    eadric said:

    eadric said:

    IanB2 said:

    So the large majority of people are going to have a minor cold for a week and then that’s it?
    This has been known and accepted, by all, from the start. 80% of cases are mild or even asymptomatic. This itself causes problems because you can be carrying the disease, and handing it on, without even being aware you're infected

    15-20% of people will get more seriously ill. Around 10% will require acute care in a hospital. The German doctor believes around 2-3% will die.

    He is saying absolutely nothing new.
    And of those 2-3% how many would have died in the following year in any case ?
    A large chunk, I think

    It's not so much the dead who are the problem, if I may be brutal (though 250,000 dead in Britain, if it happens, is grim) - it is the numbers of critically ill.
    The figure for deaths in Britain is likely to be much higher than 250,000. Deaths/cases is at 3.4% globally. In Italy it is at 2.4%, but so far only 5% there have recovered, whereas worldwide 46% have. So deaths/cases is more likely to be 3-4% than 2-3%. If so and 70% in Britain get infected - the figure I heard on Radio 4 this morning - then deaths will number 65M x 0.7 x (0.03-0.04) = 1.4-1.8 million. The usual death rate is about 0.6 million per year, so the majority of these victims would not have died within a year.

    If 1.4-1.8 million die within say a period of 2-3 months, the death rate will be 9-18 times higher than usual. That's 9-18 times as many corpses as usual, every day for 60 or 90 days.

    Let's not even think about the second wave.

    QOTD is from Prince Philip: "In the event that I am reincarnated, I would like to return as a deadly virus, to contribute something to solving overpopulation".

    I was trying to be conservative, so as not to scare the Don't Panickers, again

    Yes there are plenty of even worse scenarios than mine (though they are unlikely)

    If we get 1.4-1.8 million dead, society would edge near to breakdown. It is hard to believe and hard to accept these are now plausible outcomes, but they are.


    Can I ask what is your background? Scientific, mathematical, medical, or just good at numbers?
    Remember that - unlike your headless chicken stunt after the Brexit vote - both the medical progress of this virus and the impact on the economy/markets will eventually become fact, and then history, against which our judgement may be tested.
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    glwglw Posts: 9,549
    rcs1000 said:

    Now sure, 80% of people will have only minor symptoms. But if one fifth of people infected are seriously ill, how will they be treated? Where are the hospitals and the beds and the drugs?

    People overly fixate on the mortality rate, when the serious illness rate is at least as important.

    Bingo. In a pandemic you will get excess deaths of people who aren't even infected because they aren't able to get normal healthcare.
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    ChameleonChameleon Posts: 3,886
    eadric said:


    The figure for deaths in Britain is likely to be much higher than 250,000. Deaths/cases is at 3.4% globally. In Italy it is at 2.4%, but so far only 5% there have recovered, whereas worldwide 46% have. So deaths/cases is more likely to be 3-4% than 2-3%. If so and 70% in Britain get infected - the figure I heard on Radio 4 this morning - then deaths will number 65M x 0.7 x (0.03-0.04) = 1.4-1.8 million. The usual death rate is about 0.6 million per year, so the majority of these victims would not have died within a year.

    If 1.4-1.8 million die within say a period of 2-3 months, the death rate will be 9-18 times higher than usual. That's 9-18 times as many corpses as usual, every day for 60 or 90 days.

    Let's not even think about the second wave.

    QOTD is from Prince Philip: "In the event that I am reincarnated, I would like to return as a deadly virus, to contribute something to solving overpopulation".

    I was trying to be conservative, so as not to scare the Don't Panickers, again

    Yes there are plenty of even worse scenarios than mine (though they are unlikely)

    If we get 1.4-1.8 million dead, society would edge near to breakdown. It is hard to believe and hard to accept these are now plausible outcomes, but they are.


    Can I ask what is your background? Scientific, mathematical, medical, or just good at numbers?
    If we get above 1% of the UK in concurrent cases then the seriously ill rate is what becomes important. At that point we have 650k cases, 130k of which need urgent medical care, 40-65k of which will need ICU provision to remain alive. Beyond the first few tens of thousands the mortality rate will increase markedly, up to 5+% as seen in China.
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    rcs1000rcs1000 Posts: 54,044
    eadric said:

    rcs1000 said:

    eadric said:
    That's because China is doing the right thing. They're recognising that while containment has economic consequencess, it avoids complete disaster. Simply, a few months of minimal economic activity can be bounced back from pretty quickly. While a pandemic is going to be much more difficult.

    The US is going for the opposite approach, wanting to keep the economy growing irrespective of the possible risk of mass infections.

    Now sure, 80% of people will have only minor symptoms. But if one fifth of people infected are seriously ill, how will they be treated? Where are the hospitals and the beds and the drugs?

    People overly fixate on the mortality rate, when the serious illness rate is at least as important.
    Er, that is precisely what I said below. The 10% critically ill are in some ways more important than the 2% dead.

    The 10% could crash the health system, the 2% can be safely buried.
    I sincerely hope you don't expect me to read your posts.
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    IanB2IanB2 Posts: 47,325
    eadric said:

    THIS is definitely a sign that the French have lost their grip

    "Coronavirus: "We have so many suspicious cases that we can no longer screen everyone""

    https://twitter.com/le_Parisien/status/1233804970065092610?s=20

    It’s to be expected, the same as it isn’t possible to screen everyone for flu.
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    geoffwgeoffw Posts: 8,176
    eadric said:
    OMG indeed, that is a supply shock without precedent I would have thought. Note the simultaneous output slump and the rise in prices.
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    JonathanJonathan Posts: 20,901
    Has Boris sacked Patel yet?
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    HYUFDHYUFD Posts: 117,097
    BigRich said:

    Any news Anecdotes for the south Carolina Primary?

    With all the other news it seems to being forgotten about, but is still important.

    https://twitter.com/Politics_Polls/status/1233512892345044994?s=20
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    Gabs3Gabs3 Posts: 836
    isam said:

    It shouldn't really matter that she is female or Asian, we tire of the woke/left when they hide behind minority-isms to deflect criticism. But, (having looked up what a succubi is!) it seems an overly personal term and inappropriate (in that it doesn't fit Priti Patel rather than the modern use of inappropriate as a passive aggressive way of saying "wrong")
    There doesn't appear to be anything racial about that insult but it is clearly extremist misogynistic. Grayling has completely destroyed his reputation over this topic.
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    BigRich said:

    Any news Anecdotes for the south Carolina Primary?

    With all the other news it seems to being forgotten about, but is still important.

    Biden's been over eating in S Carolina.
  • Options
    glw said:

    rcs1000 said:

    Now sure, 80% of people will have only minor symptoms. But if one fifth of people infected are seriously ill, how will they be treated? Where are the hospitals and the beds and the drugs?

    People overly fixate on the mortality rate, when the serious illness rate is at least as important.

    Bingo. In a pandemic you will get excess deaths of people who aren't even infected because they aren't able to get normal healthcare.
    We can only hope the 20% serious cases are spread over months and months.

    Otherwise...
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    williamglennwilliamglenn Posts: 48,114
    eadric said:

    THIS is definitely a sign that the French have lost their grip

    "Coronavirus: "We have so many suspicious cases that we can no longer screen everyone""

    https://twitter.com/le_Parisien/status/1233804970065092610?s=20

    The French are notorious hypochondriacs so it might be too early to say that it's out of control just on the basis that they can't keep up with testing.
  • Options
    IanB2IanB2 Posts: 47,325
    eadric said:

    IanB2 said:

    eadric said:

    THIS is definitely a sign that the French have lost their grip

    "Coronavirus: "We have so many suspicious cases that we can no longer screen everyone""

    https://twitter.com/le_Parisien/status/1233804970065092610?s=20

    It’s to be expected, the same as it isn’t possible to screen everyone for flu.
    As ever, you miss the point.

    The significance of this is that the French are admitting they cannot trace every suspicious case, and they are probably missing most.

    That means the first battle of containment is lost. Their only choice now will be to go to full on mass quarantine, close schools, etc
    You consistently miss the point that the measures being put in place aren’t expected to contain the disease, but to buy time and spread the load on health services, as best we can. Everyone expects it to spread into the wider population, and has done so for some weeks now.
  • Options
    eadric said:

    rcs1000 said:

    eadric said:
    That's because China is doing the right thing. They're recognising that while containment has economic consequencess, it avoids complete disaster. Simply, a few months of minimal economic activity can be bounced back from pretty quickly. While a pandemic is going to be much more difficult.

    The US is going for the opposite approach, wanting to keep the economy growing irrespective of the possible risk of mass infections.

    Now sure, 80% of people will have only minor symptoms. But if one fifth of people infected are seriously ill, how will they be treated? Where are the hospitals and the beds and the drugs?

    People overly fixate on the mortality rate, when the serious illness rate is at least as important.
    Er, that is precisely what I said below. The 10% critically ill are in some ways more important than the 2% dead.

    The 10% could crash the health system, the 2% can be safely buried.
    Johnson fancies himself as Churchill. Well, potentially he's about to be tested as PM in a way no other leader has been since Churchill.
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    eadric said:
    I await the Guardian article proclaiming racialism....
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    geoffwgeoffw Posts: 8,176
    Gabs3 said:

    isam said:

    It shouldn't really matter that she is female or Asian, we tire of the woke/left when they hide behind minority-isms to deflect criticism. But, (having looked up what a succubi is!) it seems an overly personal term and inappropriate (in that it doesn't fit Priti Patel rather than the modern use of inappropriate as a passive aggressive way of saying "wrong")
    There doesn't appear to be anything racial about that insult but it is clearly extremist misogynistic. Grayling has completely destroyed his reputation over this topic.
    Wasn't it already destroyed over the previous topic?
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    How is anyone likely to be electable until May 2024?

    Edit: I suppose some vacancies in the Commons are likely to arise in the near future.
    3-4%?
  • Options
    IanB2IanB2 Posts: 47,325
    This thread has died.
  • Options
    NEW THREAD
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    geoffwgeoffw Posts: 8,176
    eadric said:
    Touch of racism in the sardonic comment.

  • Options
    isamisam Posts: 40,966
    edited February 2020

    Ooh, the opposition leader in waiting says the govt is losing its grip, has questions to answer and there should be an investigation...

    Where has this kind of radical thinking been all my life?!
  • Options
    SandpitSandpit Posts: 49,927
    rcs1000 said:

    Sandpit said:

    IanB2 said:

    eadric said:

    IanB2 said:

    So the large majority of people are going to have a minor cold for a week and then that’s it?
    This has been known and accepted, by all, from the start. 80% of cases are mild or even asymptomatic. This itself causes problems because you can be carrying the disease, and handing it on, without even being aware you're infected

    15-20% of people will get more seriously ill. Around 10% will require acute care in a hospital. The German doctor believes around 2-3% will die.

    He is saying absolutely nothing new.
    So basically if you are under 75 and reasonably healthy, you really haven’t got much to worry about.

    I wouldn’t wish ill on anyone in their 80s. But this doesn’t look like an existential threat to the global economy. Except possibly for the cruise industry.
    Isn't the economic concern less to do with mortality rates and more to do with the impact of measures designed to limit spread of the infection? Many economic activities may well be closed down or significantly reduced for a period.
    Yes, it’s the severe disruption that’s the economic threat, rather than a large population ‘adjustment’ among mostly economically inactive groups.

    Sporting, cultural events and exhibitions are also getting cancelled everywhere, authorities in many countries don’t want large crowds of people gathering. It sounds as if the French football league will be being played entirely behind closed doors this weekend.

    It was OPEC who called it first, that China’s demand for oil and gas was 25-30% off during January. That’s still a pretty good estimate for how much Chinese economic output has been down - which is why the authorities are now desperate to get the factories open again.
    If China's demand for oil was down 25%, then oil would be sub $30, not at $45. Simply you can't take 2.5-3.0m barrels out of world oil demand without dropping the price at least 50-60%.
    NYT has this from 3rd Feb, quoting OPEC as saying China oil demand off by 2.5m bls/day year on year.
    https://www.nytimes.com/2020/02/03/business/energy-environment/china-oil-opec.html

    Only severe production cuts and an expectation that Chinese demand will get quickly back on track have stopped the oil price from falling even further.
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    HYUFDHYUFD Posts: 117,097
    TGOHF666 said:
    Will be the first new baby in Downing Street since Blair
  • Options
    HYUFDHYUFD Posts: 117,097

    How is anyone likely to be electable until May 2024?

    Edit: I suppose some vacancies in the Commons are likely to arise in the near future.
    Councillors will be up for election every year until 2024, even if there will not be another general election for 4 years
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    isamisam Posts: 40,966
    HYUFD said:

    TGOHF666 said:
    Will be the first new baby in Downing Street since Blair
    That must be almost a dozen kids he has, with as many different mothers...

    The polling says women don't like him though!
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    IshmaelZIshmaelZ Posts: 21,830
    eadric said:

    IanB2 said:

    eadric said:

    THIS is definitely a sign that the French have lost their grip

    "Coronavirus: "We have so many suspicious cases that we can no longer screen everyone""

    https://twitter.com/le_Parisien/status/1233804970065092610?s=20

    It’s to be expected, the same as it isn’t possible to screen everyone for flu.
    As ever, you miss the point.

    The significance of this is that the French are admitting they cannot trace every suspicious case, and they are probably missing most.

    That means the first battle of containment is lost. Their only choice now will be to go to full on mass quarantine, close schools, etc
    Coronavirus : «On a tellement de cas suspects qu’on ne peut plus dépister tout le monde»
    Quentin Delannoy, urgentiste à l’hôpital Pitié-Salpêtrière à Paris, explique que, désormais, certains patients sont renvoyés chez eux sans être testés malgré des symptômes faisant penser au coronavirus.

    They are saying that even when they've got the buggers, and the buggers are clearly symptomatic, they haven't the capacity to test them. Not clear whether it's taking the swabs they don't have time for, or enough labs to analyse them.
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    ClippPClippP Posts: 1,690
    Charles said:

    I am no fan of Priti Patel but for her senior civil servant to quit in tears is really rather pathetic

    Maybe some civil servants need to understand the politician is elected and answerable to the public and they should do everything to follow their instructions whether they like it or not

    No it is not!
    In that relationship she had the whip hand, however she had absolutely no right to be abusive. Which is the principal allegation against Priti Patel.
    You have clearly never worked for someone who abuses their power and authority.
    It is possible for both Patel to be an abusive bully and Rutnam not up to the job.
    Shipman says much of the briefing from the Home Office was anti-Patel.
    That’s the fundamental issue, Civil servants should not be briefing against their ministers
    Of course they shouldn't, Charles. On the other hand, it comes to something when government ministers are so unbearable that civil servants feel that they have no alternative.
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    nichomarnichomar Posts: 7,483
    HYUFD said:

    TGOHF666 said:
    Will be the first new baby in Downing Street since Blair
    Who gives a shit
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    NigelbNigelb Posts: 62,762
    nichomar said:

    HYUFD said:

    TGOHF666 said:
    Will be the first new baby in Downing Street since Blair
    Who gives a shit
    The couple themselves; groupies...
This discussion has been closed.