politicalbetting.com » Blog Archive » Trump’s Republicans move drop below a 50% betting chance for WH2020
There’s little doubt that Donald Trump is not having a good coronavirus crisis. His initial dismissal of this this being not much more than a commons cold hardly said a lot for his judgement in the early days.
Imagine if you'd been someone banging on about the Dems being above evens in this market for the last couple of weeks and that being incredible value. You'd feel pretty smug about now.
Imagine if you'd been someone banging on about the Dems being above evens in this market for the last couple of weeks and that being incredible value. You'd feel pretty smug about now.
PB likes its tipsters to display legendary modesty.
Imagine if you'd been someone banging on about the Dems being above evens in this market for the last couple of weeks and that being incredible value. You'd feel pretty smug about now.
PB likes its tipsters to display legendary modesty.
Trump very concerned about the people he has come in contact with who have covid 19
Typical Trump, concerned for himself not those with the virus
He is quite the most malign head of state the US has ever seen
Well the hot mic of him getting really annoyed about a pen mark before addressing the nation and then the weird reaction to it ending, it was more somebody doing a stint on QVC than talking to 300m to tell them 100,000s of you are going to die.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Really? I would have thought that industry is simple done.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Personally, I think cruising for the foreseeable future is going to be about as popular as it was after the Titanic disaster.
Since it's so close to the election it must be tempting for Trump and Pence to both stand down for health reasons and let Nancy Pelosi deal with the whole mess.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Personally, I think cruising for the foreseeable future is going to be about as popular as it was after the Titanic disaster.
How fast could they turn the ships into hospitals?
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Carnival is a US company that owns Cunard, P&O Cruises and Princess Cruises (as in Grand and Diamond) amongst others. It is a great shame that they have been particularly badly hit, but why would they qualify for state aid - and which state would that be?
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Really? I would have thought that industry is simple done.
The demand is such, not to mention the value of the assets, that my hunch is governments will be forced to intervene.
What relevance does the daily number of cases have, if based on increased testing and the govt scientists think they are out by a factor of 10 anyway?
We need the hospitalisation numbers because they are meaningful figures which also speak to the health service’s ability to cope.
I agree that the statistics we are getting at the moment are completely useless and misleading except in the broad direction and likely to become even more so given the major changes in policy for testing announced yesterday.
What we need are: * the number of covid 19 sufferers currently in ICUs * the number of ICUs available by area. *the number discharged. * the number of deaths (which we do get).
ICU information is the single most likely trigger of widespread panic I can think of.
Back of an envelope on ICUs:
UK has 4000 ICUs of which 800 were free. Finger in air, with deferring elective use and winter's end, we can get to 1800 free for COVID (the exact number here will not negate the order of magnitude calculation). So, approx 3 ICU beds per 100k people. Italy, when not under stress, had around 10% of patients on ICU (this has dipped to around 9%, but difficult to know if that is due to health services stress or case evolution) So, an active infection rate of around 30 per 100k, nationally, regionally, locally, in the UK will create ICU stress. Many patients needing ICU will already be hospitalised, suggesting a locally available ICU will be much preferable, but I'd imagine ambulance transfers are unavoidable to some degree, and where the ambulance takes the patient in the first place will be important. Most of Lombardy and a few other provinces are above the Italian ICU pain threshold, which I'm guessing to be around 60 per 100k as they have more ICU per head. I'm not sure how the load is being spread, but there does seem to be inter-province working - patient 1 was treated out of province.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Personally, I think cruising for the foreseeable future is going to be about as popular as it was after the Titanic disaster.
The Titanic was not a cruise ship, and crossing the Atlantic was a lot less discretionary than going on a cruise is. Do you have actual data showing it made much difference? WSL stayed in business till the Great Depression...
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
New slogan: "We own big boats, but we don't know why".
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
I'm not convinced this is bad for Trump, because he thrives on negativity, fear, paranoia, a sense that things are getting worse, etc, and this crisis plays into that. Democrats tend to win when things are going well and people are optimistic, as they were in the 1990s.
I guess how the Trump tribe responds to people they know dying is the big question.
That and the economy crashing just in time for the election.
I think Biden should have been favourite before coro-chan hit America, and he should be a strong favourite now.
This could be the first line of Trump's obituary. With the money being flooded into the economy, it could also possibly win him reelection.
The virus fades away in the summer sun (not to return until after the third of November.) The Dow roars back. Everybody is still employed, And Biden remains Biden.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Really? I would have thought that industry is simple done.
The demand is such, not to mention the value of the assets, that my hunch is governments will be forced to intervene.
The assets will be leased, it will end up with the banks taking the hit on the business failures.
Look out for some big boats up for auction in a couple of years!
I'm not convinced this is bad for Trump, because he thrives on negativity, fear, paranoia, a sense that things are getting worse, etc, and this crisis plays into that. Democrats tend to win when things are going well and people are optimistic, as they were in the 1990s.
Democrats won the Presidency, House and Senate in 2008. The Republicans did well in 2000 amidst peace and prosperity.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
New slogan: "We own big boats, but we don't know why".
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Really? I would have thought that industry is simple done.
The demand is such, not to mention the value of the assets, that my hunch is governments will be forced to intervene.
The assets will be leased, it will end up with the banks taking the hit on the business failures.
Look out for some big boats up for auction in a couple of years!
Yes, well, then treat it as an illustration of how winning a huge amount from the turmoil this last fortnight clouds a punter’s judgement.
I see the markets are, after a morning of recovery, now sinking again.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Brave
In the Sir Humphrey sense of the word.
Although, that much said, cruises are favoured by oldies and they are typically creatures of habit. Given that the Government has only advised, rather than ordered, older people not to go on cruises, how many do we think will actually take the advice?
Indeed, it would be fascinating to know how many people are still booking to go on the blessed things even now.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Personally, I think cruising for the foreseeable future is going to be about as popular as it was after the Titanic disaster.
How fast could they turn the ships into hospitals?
They turned the QE II into a troop carrier ship within one week at the start of the Falklands War.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Carnival is a US company that owns Cunard, P&O Cruises and Princess Cruises (as in Grand and Diamond) amongst others. It is a great shame that they have been particularly badly hit, but why would they qualify for state aid - and which state would that be?
Despite being a US company, there's very few Americans employed by them. Almost all of the onboard staff are from the third world. No government is going to bail them out.
Reports that Bolsonaro has tested positive for Covid-19.
Given that he (and at least one other member of his administration / staff who also had the virus) met Trump only days ago, there has to be a significant possibility that the president is now infected - and, if so, such an infection could spread through the administration quite rapidly given Trump's clear lack of concern about it.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Brave
In the Sir Humphrey sense of the word.
Although, that much said, cruises are favoured by oldies and they are typically creatures of habit. Given that the Government has only advised, rather than ordered, older people not to go on cruises, how many do we think will actually take the advice?
Indeed, it would be fascinating to know how many people are still booking to go on the blessed things even now.
That will probably depend on the insurance industry. With the advice being against travel, policies may not now cover protection against illness.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Brave
In the Sir Humphrey sense of the word.
Although, that much said, cruises are favoured by oldies and they are typically creatures of habit. Given that the Government has only advised, rather than ordered, older people not to go on cruises, how many do we think will actually take the advice?
Indeed, it would be fascinating to know how many people are still booking to go on the blessed things even now.
Currently there is a flood of cancellations, with remaining passengers in denial as cruise company after company cancels their summer offerings. The industry is in real trouble, which is why I think someone will intervene. My exposure on carnival is, at worse, £1200, and I stand to gain onboard credit for the 2021 return trip on the QM2 to the US that I have booked for spring next year. Whatever else happens to the world, I don’t believe that such an iconic ocean crossing will ever be allowed to fold.
Reports that Bolsonaro has tested positive for Covid-19.
Given that he (and at least one other member of his administration / staff who also had the virus) met Trump only days ago, there has to be a significant possibility that the president is now infected - and, if so, such an infection could spread through the administration quite rapidly given Trump's clear lack of concern about it.
To be fair to Trump. He's always been a fan of washing his little hands.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Carnival is a US company that owns Cunard, P&O Cruises and Princess Cruises (as in Grand and Diamond) amongst others. It is a great shame that they have been particularly badly hit, but why would they qualify for state aid - and which state would that be?
Fuel is a massive cost for the cruise industry. So, if people do go cruising again, then the low price of oil will be a positive.
WTF have our people being doing - they knew this was coming
Just heard there is a lack of PPE (including masks) at my local hospital.
I also understand people are STILL rocking up to A and E thinking they might have it (and they did ) and risking infecting many others - including NHS staff who we really need to protect.
But the worst story of recent days I heard was of a flight into Switzerland 150 passengers on board - on DISEMBARKATION passenger advises crew he has it. When asked why he travelled and put others at risk the answer was - If I said anything would not have been allowed to travel and I think Swiss healthcare best in world so wanted to get home.....
Trump is going to be absolutely hated come election time.
The Democrats will sweep him away.
The problem is, will the USA actually get an election or will he go full on tyrant before then?
How does he do that? Tyrants need an army at their back and call to enforce their will. Trump doesn't have one.
The presidential election is constitutionally mandated and arranged by the states, not the federal government. I don't see how he could stop it even if he wanted to (though wanting to stop it would be an admission that he'd lose, and I'm not sure he'd ever accept that possibility anyway).
What relevance does the daily number of cases have, if based on increased testing and the govt scientists think they are out by a factor of 10 anyway?
We need the hospitalisation numbers because they are meaningful figures which also speak to the health service’s ability to cope.
I agree that the statistics we are getting at the moment are completely useless and misleading except in the broad direction and likely to become even more so given the major changes in policy for testing announced yesterday.
What we need are: * the number of covid 19 sufferers currently in ICUs * the number of ICUs available by area. *the number discharged. * the number of deaths (which we do get).
ICU information is the single most likely trigger of widespread panic I can think of.
Back of an envelope on ICUs:
UK has 4000 ICUs of which 800 were free. Finger in air, with deferring elective use and winter's end, we can get to 1800 free for COVID (the exact number here will not negate the order of magnitude calculation). So, approx 3 ICU beds per 100k people. Italy, when not under stress, had around 10% of patients on ICU (this has dipped to around 9%, but difficult to know if that is due to health services stress or case evolution) So, an active infection rate of around 30 per 100k, nationally, regionally, locally, in the UK will create ICU stress. Many patients needing ICU will already be hospitalised, suggesting a locally available ICU will be much preferable, but I'd imagine ambulance transfers are unavoidable to some degree, and where the ambulance takes the patient in the first place will be important. Most of Lombardy and a few other provinces are above the Italian ICU pain threshold, which I'm guessing to be around 60 per 100k as they have more ICU per head. I'm not sure how the load is being spread, but there does seem to be inter-province working - patient 1 was treated out of province.
Only 22 new coro-chan cases detected in Japan today, was holding steady at 50 all week. It really seems like we may have a solution here that doesn't require welding, dystopian surveillance or even particularly competent administration, and avoids both destroying the economy and killing your parents.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
New slogan: "We own big boats, but we don't know why".
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Really? I would have thought that industry is simple done.
The demand is such, not to mention the value of the assets, that my hunch is governments will be forced to intervene.
The assets will be leased, it will end up with the banks taking the hit on the business failures.
Look out for some big boats up for auction in a couple of years!
Reports that Bolsonaro has tested positive for Covid-19.
Given that he (and at least one other member of his administration / staff who also had the virus) met Trump only days ago, there has to be a significant possibility that the president is now infected - and, if so, such an infection could spread through the administration quite rapidly given Trump's clear lack of concern about it.
To be fair to Trump. He's always been a fan of washing his little hands.
He might have had a lucky escape.
Won't matter if he's within range of ingesting the virus via proximity.
Reports that Bolsonaro has tested positive for Covid-19.
Given that he (and at least one other member of his administration / staff who also had the virus) met Trump only days ago, there has to be a significant possibility that the president is now infected - and, if so, such an infection could spread through the administration quite rapidly given Trump's clear lack of concern about it.
If Trump gets it, gets over it in public and recovers, that will boost his ratings. Provided he doesn't rant on Twitter about getting a Chinese Virus and how he should Nuke them for it. Of course he could organise a summit with Kim Jong Un if he wants to help the World.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
New slogan: "We own big boats, but we don't know why".
I know its pedantic but they are 'ships'
Yes, but it doesn't work with the song reference I was (trying (and apparently failing)) to make.
Also, if we're doing this, then some of them are "liners".
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Brave
In the Sir Humphrey sense of the word.
Although, that much said, cruises are favoured by oldies and they are typically creatures of habit. Given that the Government has only advised, rather than ordered, older people not to go on cruises, how many do we think will actually take the advice?
Indeed, it would be fascinating to know how many people are still booking to go on the blessed things even now.
Currently there is a flood of cancellations, with remaining passengers in denial as cruise company after company cancels their summer offerings. The industry is in real trouble, which is why I think someone will intervene. My exposure on carnival is, at worse, £1200, and I stand to gain onboard credit for the 2021 return trip on the QM2 to the US that I have booked for spring next year. Whatever else happens to the world, I don’t believe that such an iconic ocean crossing will ever be allowed to fold.
This is just an observation but the collapse of a company doesn't necessarily mean the ocean crossing ends, does it? The ship could be sold by the administrators and a new company operate the service?
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
I think that you are looking at the written down value of the assets as floating hotels, hostels, hospitals, pretty much anything beginning with H really. Their business model is toast, burnt black toast.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Brave
In the Sir Humphrey sense of the word.
Although, that much said, cruises are favoured by oldies and they are typically creatures of habit. Given that the Government has only advised, rather than ordered, older people not to go on cruises, how many do we think will actually take the advice?
Indeed, it would be fascinating to know how many people are still booking to go on the blessed things even now.
That will probably depend on the insurance industry. With the advice being against travel, policies may not now cover protection against illness.
Two companies have already suspended all sailings - I'd expect complete closedown within a week in Europe - Spain has today banned them from its ports.
The government's main aims for managing the epidemic appear to be (1) achieve 60% infection rate and herd immunity in a relatively short timeframe; (2) keep demand on hospital ICUs relatively manageable. That being the case, keeping schools open and holding large sporting events makes a lot of sense. Young and fit people will merrily and efficiently infect each other, without hopefully too much damage. While they will pass on secondary infections to older and less well people, the mix of vulnerable to healthy victims is relatively smaller than dragging it out.
That doesn't necessarily sit with ordinary people's agendas of not getting infected in the first place, and we would rather not be part of some nationwide lab experiment, thank-you very much.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Brave
In the Sir Humphrey sense of the word.
Although, that much said, cruises are favoured by oldies and they are typically creatures of habit. Given that the Government has only advised, rather than ordered, older people not to go on cruises, how many do we think will actually take the advice?
Indeed, it would be fascinating to know how many people are still booking to go on the blessed things even now.
Those of us who have enjoyed many cruises know that it will be a very long time to the industry recovering
Many have suspended bookings and insurance is almost impossible to get
It will be years to recovery and many ships will end up in the breakers yards, sadly
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
New slogan: "We own big boats, but we don't know why".
I know its pedantic but they are 'ships'
Yes, but it doesn't work with the song reference I was (trying (and apparently failing)) to make.
Also, if we're doing this, then some of them are "liners".
Trump is going to be absolutely hated come election time.
The Democrats will sweep him away.
The problem is, will the USA actually get an election or will he go full on tyrant before then?
How does he do that? Tyrants need an army at their back and call to enforce their will. Trump doesn't have one.
The presidential election is constitutionally mandated and arranged by the states, not the federal government. I don't see how he could stop it even if he wanted to (though wanting to stop it would be an admission that he'd lose, and I'm not sure he'd ever accept that possibility anyway).
I have no idea really about the US constitution and their checks and balances. Sounds like he can't. Good.
But if Trump had the chance of going full on Mad King, I'm pretty sure he would take it.
That doesn't necessarily sit with ordinary people's agendas of not getting infected in the first place, and we would rather not be part of some nationwide lab experiment, thank-you very much.
Whatever is done, you are part of a nationwide lab experiment, thank-you very much.
The government's main aims for managing the epidemic appear to be (1) achieve 60% infection rate and herd immunity in a relatively short timeframe; (2) keep demand on hospital ICUs relatively manageable. That being the case, keeping schools open and holding large sporting events makes a lot of sense. Young and fit people will merrily and efficiently infect each other, without hopefully too much damage. While they will pass on secondary infections to older and less well people, the mix of vulnerable to healthy victims is relatively smaller than dragging it out.
That doesn't necessarily sit with ordinary people's agendas of not getting infected in the first place, and we would rather not be part of some nationwide lab experiment, thank-you very much.
Just do you duty, and get infected. When the time is right.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Brave
In the Sir Humphrey sense of the word.
Although, that much said, cruises are favoured by oldies and they are typically creatures of habit. Given that the Government has only advised, rather than ordered, older people not to go on cruises, how many do we think will actually take the advice?
Indeed, it would be fascinating to know how many people are still booking to go on the blessed things even now.
That will probably depend on the insurance industry. With the advice being against travel, policies may not now cover protection against illness.
As far as I am aware, no-one has said this yet.
All existing policies will still cover what they covered at time of purchase. Aviva has announced that travel disruption due to Covid-19 won't be covered for new policies, since it's no longer a risk; more of a guarantee (and therefore uninsureable). As I understand it, there is no impact to coverage for sickness whilst abroad.
LV= has withdrawn from the market altogether for the time being. A colleague has informed me that SportsDirect (no, not that one AFAIK) has also put in a Covid-19 exclusion, but I'm not sure if that's just disruption, or sickness as well.
The above is not advice; always read the small print to check coverage before purchasing, etc.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Brave
In the Sir Humphrey sense of the word.
Although, that much said, cruises are favoured by oldies and they are typically creatures of habit. Given that the Government has only advised, rather than ordered, older people not to go on cruises, how many do we think will actually take the advice?
Indeed, it would be fascinating to know how many people are still booking to go on the blessed things even now.
Currently there is a flood of cancellations, with remaining passengers in denial as cruise company after company cancels their summer offerings. The industry is in real trouble, which is why I think someone will intervene. My exposure on carnival is, at worse, £1200, and I stand to gain onboard credit for the 2021 return trip on the QM2 to the US that I have booked for spring next year. Whatever else happens to the world, I don’t believe that such an iconic ocean crossing will ever be allowed to fold.
This is just an observation but the collapse of a company doesn't necessarily mean the ocean crossing ends, does it? The ship could be sold by the administrators and a new company operate the service?
There will always be a demand for the transatlantic crossing but fewer ships
I have a *friend* who is an absolute cad, he said to a female friend 'I want to do zombie porn with you, I want to eat your brains and your [moderated]'.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Personally, I think cruising for the foreseeable future is going to be about as popular as it was after the Titanic disaster.
How fast could they turn the ships into hospitals?
They turned the QE II into a troop carrier ship within one week at the start of the Falklands War.
And of course the turned the QM and QE into troop carriers in WW2 to bring the Yanks across the Atlantic. They were so fast the subs couldn't catch them and they sailed outside the convoy system
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Carnival is a US company that owns Cunard, P&O Cruises and Princess Cruises (as in Grand and Diamond) amongst others. It is a great shame that they have been particularly badly hit, but why would they qualify for state aid - and which state would that be?
Despite being a US company, there's very few Americans employed by them. Almost all of the onboard staff are from the third world. No government is going to bail them out.
Carnival owes $10bn (those ships don't come cheap), so it's entirely possible there will be a lot of pressure on governments to step in
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Brave
In the Sir Humphrey sense of the word.
Although, that much said, cruises are favoured by oldies and they are typically creatures of habit. Given that the Government has only advised, rather than ordered, older people not to go on cruises, how many do we think will actually take the advice?
Indeed, it would be fascinating to know how many people are still booking to go on the blessed things even now.
Currently there is a flood of cancellations, with remaining passengers in denial as cruise company after company cancels their summer offerings. The industry is in real trouble, which is why I think someone will intervene. My exposure on carnival is, at worse, £1200, and I stand to gain onboard credit for the 2021 return trip on the QM2 to the US that I have booked for spring next year. Whatever else happens to the world, I don’t believe that such an iconic ocean crossing will ever be allowed to fold.
Trouble is that if there's only one passenger with the virus out of 2 or 3 thousand or more they won't be that welcome at the ports they visit. They really need a vaccination or treatment fast.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Carnival is a US company that owns Cunard, P&O Cruises and Princess Cruises (as in Grand and Diamond) amongst others. It is a great shame that they have been particularly badly hit, but why would they qualify for state aid - and which state would that be?
Despite being a US company, there's very few Americans employed by them. Almost all of the onboard staff are from the third world. No government is going to bail them out.
Carnival owes $10bn (those ships don't come cheap), so it's entirely possible there will be a lot of pressure on governments to step in
Auction off the assets for $5bn, and the other $5bn is the risk the bank took in advancing the money in the first place. You're not suggesting that failing business models should be propped up by governments, surely?
Klopp didn't give a toss about that game on Tuesday. He knew what was going on..
I don’t think this is a moment where the thoughts of a football manager should be important, but I understand for our supporters they will want to hear from the team and I will front that.
First and foremost, all of us have to do whatever we can to protect one another. In society I mean. This should be the case all the time in life, but in this moment I think it matters more than ever.
I’ve said before that football always seems the most important of the least important things. Today, football and football matches really aren’t important at all.
Of course, we don’t want to play in front of an empty stadium and we don’t want games or competitions suspended, but if doing so helps one individual stay healthy - just one - we do it no questions asked.
If it’s a choice between football and the good of the wider society, it’s no contest. Really, it isn’t.
Today’s decision and announcement is being implemented with the motive of keeping people safe. Because of that we support it completely. We have seen members of teams we compete against become ill. This virus has shown that being involved in football offers no immunity. To our rival clubs and individuals who are affected and to those who later will become so, you are in our thoughts and prayers.
None of us know in this moment what the final outcome will be, but as a team we have to have belief that the authorities make decisions based on sound judgement and morality.
Yes, I am the manager of this team and club and therefore carry a leadership responsibility with regards to our future on the pitch. But I think in the present moment, with so many people around our city, the region, the country and the world facing anxiety and uncertainty, it would be entirely wrong to speak about anything other than advising people to follow expert advice and look after themselves and each other.
The message from the team to our supporters is only about your well-being. Put your health first. Don’t take any risk. Think about the vulnerable in our society and act where possible with compassion for them.
Please look after yourselves and look out for each other.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Carnival is a US company that owns Cunard, P&O Cruises and Princess Cruises (as in Grand and Diamond) amongst others. It is a great shame that they have been particularly badly hit, but why would they qualify for state aid - and which state would that be?
Despite being a US company, there's very few Americans employed by them. Almost all of the onboard staff are from the third world. No government is going to bail them out.
Carnival owes $10bn (those ships don't come cheap), so it's entirely possible there will be a lot of pressure on governments to step in
But given that these companies aren't domestic US companies (Carnival has a Panama domicile) and don't pay US Corporation Tax I'd have thought the govt might have a few choice words about domicile and tax prior to a bailout.... DYOR etc etc
Imagine if you'd been someone banging on about the Dems being above evens in this market for the last couple of weeks and that being incredible value. You'd feel pretty smug about now.
Quite so. I have been saying for months that Trump is toast and of course he is. This crisis just seals the deal. Before it, puncher's chance. Now, simply unelectable.
Counterintuitively, given all my previous posts, I have bought into Carnival shares. If any industry is going to be first in line for state aid, it’s going to be the cruising industry, and the shares are now down to almost a quarter of their value a few years back.
Personally, I think cruising for the foreseeable future is going to be about as popular as it was after the Titanic disaster.
How fast could they turn the ships into hospitals?
They turned the QE II into a troop carrier ship within one week at the start of the Falklands War.
Presumably they spent that week taking out anything that squaddies could break or nick.....
Klopp didn't give a toss about that game on Tuesday. He knew what was going on..
I don’t think this is a moment where the thoughts of a football manager should be important, but I understand for our supporters they will want to hear from the team and I will front that.
First and foremost, all of us have to do whatever we can to protect one another. In society I mean. This should be the case all the time in life, but in this moment I think it matters more than ever.
I’ve said before that football always seems the most important of the least important things. Today, football and football matches really aren’t important at all.
Of course, we don’t want to play in front of an empty stadium and we don’t want games or competitions suspended, but if doing so helps one individual stay healthy - just one - we do it no questions asked.
If it’s a choice between football and the good of the wider society, it’s no contest. Really, it isn’t.
Today’s decision and announcement is being implemented with the motive of keeping people safe. Because of that we support it completely. We have seen members of teams we compete against become ill. This virus has shown that being involved in football offers no immunity. To our rival clubs and individuals who are affected and to those who later will become so, you are in our thoughts and prayers.
None of us know in this moment what the final outcome will be, but as a team we have to have belief that the authorities make decisions based on sound judgement and morality.
Yes, I am the manager of this team and club and therefore carry a leadership responsibility with regards to our future on the pitch. But I think in the present moment, with so many people around our city, the region, the country and the world facing anxiety and uncertainty, it would be entirely wrong to speak about anything other than advising people to follow expert advice and look after themselves and each other.
The message from the team to our supporters is only about your well-being. Put your health first. Don’t take any risk. Think about the vulnerable in our society and act where possible with compassion for them.
Please look after yourselves and look out for each other.
Only 22 new coro-chan cases detected in Japan today, was holding steady at 50 all week. It really seems like we may have a solution here that doesn't require welding, dystopian surveillance or even particularly competent administration, and avoids both destroying the economy and killing your parents.
(Caveat: Testing is still a bit pants)
We won't really know for a year though, will we?
Does it dissipate? Does it come roaring back in the autumn? Does it mutate? Lots of unknowns
Klopp didn't give a toss about that game on Tuesday. He knew what was going on..
I don’t think this is a moment where the thoughts of a football manager should be important, but I understand for our supporters they will want to hear from the team and I will front that.
First and foremost, all of us have to do whatever we can to protect one another. In society I mean. This should be the case all the time in life, but in this moment I think it matters more than ever.
I’ve said before that football always seems the most important of the least important things. Today, football and football matches really aren’t important at all.
Of course, we don’t want to play in front of an empty stadium and we don’t want games or competitions suspended, but if doing so helps one individual stay healthy - just one - we do it no questions asked.
If it’s a choice between football and the good of the wider society, it’s no contest. Really, it isn’t.
Today’s decision and announcement is being implemented with the motive of keeping people safe. Because of that we support it completely. We have seen members of teams we compete against become ill. This virus has shown that being involved in football offers no immunity. To our rival clubs and individuals who are affected and to those who later will become so, you are in our thoughts and prayers.
None of us know in this moment what the final outcome will be, but as a team we have to have belief that the authorities make decisions based on sound judgement and morality.
Yes, I am the manager of this team and club and therefore carry a leadership responsibility with regards to our future on the pitch. But I think in the present moment, with so many people around our city, the region, the country and the world facing anxiety and uncertainty, it would be entirely wrong to speak about anything other than advising people to follow expert advice and look after themselves and each other.
The message from the team to our supporters is only about your well-being. Put your health first. Don’t take any risk. Think about the vulnerable in our society and act where possible with compassion for them.
Please look after yourselves and look out for each other.
Imagine if you'd been someone banging on about the Dems being above evens in this market for the last couple of weeks and that being incredible value. You'd feel pretty smug about now.
PB likes its tipsters to display legendary modesty.
I thought the tradition was being followed then ? In that vein I hesitate to mention seriously laying Trump at 0.75, but what can one do ?
Confirmation of what we already know and what other European countries don't agree with:
"Millions of Britons will need to contract coronavirus in order to control the impact of the disease which is likely to return "year on year", the government's chief scientific adviser has told Sky News.
Around 60% of the UK population will need to become infected with coronavirus in order for society to have "herd immunity" from future outbreaks, Sir Patrick Vallance said."
I think I have just found the next president of the United States....YouTube just served up some guy who lives in the wilderness out of his mini-van and spends his days not interacting with anybody hiking the trails.
Imagine if you'd been someone banging on about the Dems being above evens in this market for the last couple of weeks and that being incredible value. You'd feel pretty smug about now.
Quite so. I have been saying for months that Trump is toast and of course he is. This crisis just seals the deal. Before it, puncher's chance. Now, simply unelectable.
You have indeed been calling it all over for Trump and I hope you are right
However, I fear he may still win and that would be a disaster.
Comments
https://twitter.com/natashabertrand/status/1238454333370445826?s=21
Trump very concerned about the people he has come in contact with who have covid 19
Typical Trump, concerned for himself not those with the virus
He is quite the most malign head of state the US has ever seen
https://twitter.com/mattyglesias/status/1238460996311756801?s=19
https://twitter.com/mattyglesias/status/1238462209195466752?s=19
I guess how the Trump tribe responds to people they know dying is the big question.
That and the economy crashing just in time for the election.
I think Biden should have been favourite before coro-chan hit America, and he should be a strong favourite now.
With five chapters devoted to The Mad King.
It is a great shame that they have been particularly badly hit, but why would they qualify for state aid - and which state would that be?
UK has 4000 ICUs of which 800 were free.
Finger in air, with deferring elective use and winter's end, we can get to 1800 free for COVID (the exact number here will not negate the order of magnitude calculation).
So, approx 3 ICU beds per 100k people.
Italy, when not under stress, had around 10% of patients on ICU (this has dipped to around 9%, but difficult to know if that is due to health services stress or case evolution)
So, an active infection rate of around 30 per 100k, nationally, regionally, locally, in the UK will create ICU stress.
Many patients needing ICU will already be hospitalised, suggesting a locally available ICU will be much preferable, but I'd imagine ambulance transfers are unavoidable to some degree, and where the ambulance takes the patient in the first place will be important.
Most of Lombardy and a few other provinces are above the Italian ICU pain threshold, which I'm guessing to be around 60 per 100k as they have more ICU per head.
I'm not sure how the load is being spread, but there does seem to be inter-province working - patient 1 was treated out of province.
It's a bold call.
The virus fades away in the summer sun (not to return until after the third of November.) The Dow roars back. Everybody is still employed, And Biden remains Biden.
Look out for some big boats up for auction in a couple of years!
The Democrats will sweep him away.
The problem is, will the USA actually get an election or will he go full on tyrant before then?
I see the markets are, after a morning of recovery, now sinking again.
Although, that much said, cruises are favoured by oldies and they are typically creatures of habit. Given that the Government has only advised, rather than ordered, older people not to go on cruises, how many do we think will actually take the advice?
Indeed, it would be fascinating to know how many people are still booking to go on the blessed things even now.
Given that he (and at least one other member of his administration / staff who also had the virus) met Trump only days ago, there has to be a significant possibility that the president is now infected - and, if so, such an infection could spread through the administration quite rapidly given Trump's clear lack of concern about it.
He might have had a lucky escape.
Just heard there is a lack of PPE (including masks) at my local hospital.
I also understand people are STILL rocking up to A and E thinking they might have it (and they did ) and risking infecting many others - including NHS staff who we really need to protect.
But the worst story of recent days I heard was of a flight into Switzerland 150 passengers on board - on DISEMBARKATION passenger advises crew he has it. When asked why he travelled and put others at risk the answer was - If I said anything would not have been allowed to travel and I think Swiss healthcare best in world so wanted to get home.....
Shoot that fecker now.
The presidential election is constitutionally mandated and arranged by the states, not the federal government. I don't see how he could stop it even if he wanted to (though wanting to stop it would be an admission that he'd lose, and I'm not sure he'd ever accept that possibility anyway).
(Caveat: Testing is still a bit pants)
A boat can be put on a ship.
That’s all people need to know.
Also, if we're doing this, then some of them are "liners".
The government's main aims for managing the epidemic appear to be (1) achieve 60% infection rate and herd immunity in a relatively short timeframe; (2) keep demand on hospital ICUs relatively manageable. That being the case, keeping schools open and holding large sporting events makes a lot of sense. Young and fit people will merrily and efficiently infect each other, without hopefully too much damage. While they will pass on secondary infections to older and less well people, the mix of vulnerable to healthy victims is relatively smaller than dragging it out.
That doesn't necessarily sit with ordinary people's agendas of not getting infected in the first place, and we would rather not be part of some nationwide lab experiment, thank-you very much.
Many have suspended bookings and insurance is almost impossible to get
It will be years to recovery and many ships will end up in the breakers yards, sadly
https://www.youtube.com/watch?v=jDOMWK2spIw
But if Trump had the chance of going full on Mad King, I'm pretty sure he would take it.
The witness, known as Woman J, said the alleged incident - shortly before the independence referendum - had been "like an awful nightmare"."
Must have been a very authentic zombie walk then.....
https://www.bbc.co.uk/news/uk-scotland-51870445
https://docs.google.com/spreadsheets/d/1GvO77Q1O49d0m4lQdBNdus3H8wdf3s-vLPE8c4cntsI/edit#gid=0
All existing policies will still cover what they covered at time of purchase. Aviva has announced that travel disruption due to Covid-19 won't be covered for new policies, since it's no longer a risk; more of a guarantee (and therefore uninsureable). As I understand it, there is no impact to coverage for sickness whilst abroad.
LV= has withdrawn from the market altogether for the time being. A colleague has informed me that SportsDirect (no, not that one AFAIK) has also put in a Covid-19 exclusion, but I'm not sure if that's just disruption, or sickness as well.
The above is not advice; always read the small print to check coverage before purchasing, etc.
https://www.bbc.co.uk/sport/rugby-union/51853907
I don’t think this is a moment where the thoughts of a football manager should be important, but I understand for our supporters they will want to hear from the team and I will front that.
First and foremost, all of us have to do whatever we can to protect one another. In society I mean. This should be the case all the time in life, but in this moment I think it matters more than ever.
I’ve said before that football always seems the most important of the least important things. Today, football and football matches really aren’t important at all.
Of course, we don’t want to play in front of an empty stadium and we don’t want games or competitions suspended, but if doing so helps one individual stay healthy - just one - we do it no questions asked.
If it’s a choice between football and the good of the wider society, it’s no contest. Really, it isn’t.
Today’s decision and announcement is being implemented with the motive of keeping people safe. Because of that we support it completely. We have seen members of teams we compete against become ill. This virus has shown that being involved in football offers no immunity. To our rival clubs and individuals who are affected and to those who later will become so, you are in our thoughts and prayers.
None of us know in this moment what the final outcome will be, but as a team we have to have belief that the authorities make decisions based on sound judgement and morality.
Yes, I am the manager of this team and club and therefore carry a leadership responsibility with regards to our future on the pitch. But I think in the present moment, with so many people around our city, the region, the country and the world facing anxiety and uncertainty, it would be entirely wrong to speak about anything other than advising people to follow expert advice and look after themselves and each other.
The message from the team to our supporters is only about your well-being. Put your health first. Don’t take any risk. Think about the vulnerable in our society and act where possible with compassion for them.
Please look after yourselves and look out for each other.
You’ll Never Walk Alone,
Jürgen
https://www.liverpoolfc.com/news/first-team/390397-jurgen-klopp-message-to-supporters
Does it dissipate? Does it come roaring back in the autumn? Does it mutate? Lots of unknowns
In that vein I hesitate to mention seriously laying Trump at 0.75, but what can one do ?
The bit that’s been broken, is the ability to log into the Vanilla comments system from the “third-party” main PB page.
"Millions of Britons will need to contract coronavirus in order to control the impact of the disease which is likely to return "year on year", the government's chief scientific adviser has told Sky News.
Around 60% of the UK population will need to become infected with coronavirus in order for society to have "herd immunity" from future outbreaks, Sir Patrick Vallance said."
https://news.sky.com/story/coronavirus-millions-of-britons-will-need-to-contract-covid-19-for-herd-immunity-11956793
However, I fear he may still win and that would be a disaster.