Thanks for the supportive messages about my situation a couple of threads back. Although I disagree with at least half of the people here at least half of the time, it's still the best place to come on the internet. I've learnt so much here from the collective wisdom and I feel a real affinity with all who post here, even if am a minor player in that respect. I hope that I'll be able to continue to enjoy PB as a sane refuge over what are bound to be a few crazy months coming up. Thank you all.
Wow. Good luck. My sister is an employment lawyer so am sure we can get you some recommendations if you need.
I'd still say with things as they are, stay employed until its over.....
It's pretty grim right now isn't it? That phrase from Lord Grey that Eadric posted a fortnight ago has been haunting me:
"The lamps are going out all over Europe, we shall not see them lit again in our life-time"
I don't think it's that extreme, but it's a sobering thought that not all of us may make it through this. And we may know people who don't.
In the meantime we are entering collective purdah and that, in itself, is a heavy pall over our mood.
We need some humour.
Grey's remark was a play on the much more positive comment by Latimer: "We shall this day light such a candle in England, as I hope, by God's grace, shall never be put out"
Keep the candle burning
I can never think of that quote from Latimer without feeling sick to the core, I'm afraid. I don't find it uplifting, I just think of the inhumanity of the circumstances. Sorry.
I think of the bravery of the man, who could be so selfless at the moment of his death
Thanks for the supportive messages about my situation a couple of threads back. Although I disagree with at least half of the people here at least half of the time, it's still the best place to come on the internet. I've learnt so much here from the collective wisdom and I feel a real affinity with all who post here, even if am a minor player in that respect. I hope that I'll be able to continue to enjoy PB as a sane refuge over what are bound to be a few crazy months coming up. Thank you all.
Just caught up on your difficulties. Sounds like you acted wonderfully and the boss awfully. Well done you.
Also, missed it but wishing the best to @Charles and his Father.
Head of the French health authority Jérôme Salomon in his daily update said the situation was worsening rapidly in France. Urged people to follow strictly the advice keep 1m distance and wash hands.
It is “urgent” to do this, he said. There are now 12,612 confirmed cases in France, and 450 deaths. Of the deaths, 87% were aged over 70 years old. There are 5,226 people in hospital, 35% of them over 65 years old: 1,297 of these are in intensive care, 50% under 60 years old. 1,587 have been released from hospital.
It seems younger people aren't much less likely to end up in intensive care (for those that have a bad reaction) but they are much less likely to die of it.
That is the reason ventilator capacity is needed.
Absolutely. And hopefully the new machines being put together can really achieve this - if they are available within the next week (and at scale) it would make a massive difference by the sound of it. Did your source give an ETA or is it still too early to say?
Head of the French health authority Jérôme Salomon in his daily update said the situation was worsening rapidly in France. Urged people to follow strictly the advice keep 1m distance and wash hands.
It is “urgent” to do this, he said. There are now 12,612 confirmed cases in France, and 450 deaths. Of the deaths, 87% were aged over 70 years old. There are 5,226 people in hospital, 35% of them over 65 years old: 1,297 of these are in intensive care, 50% under 60 years old. 1,587 have been released from hospital.
It seems younger people aren't much less likely to end up in intensive care (for those that have a bad reaction) but they are much less likely to die of it.
That is the reason ventilator capacity is needed.
Absolutely. And hopefully the new machines being put together can really achieve this - if they are available within the next week (and at scale) it would make a massive difference by the sound of it. Did your source give an ETA or is it still too early to say?
Time is certainly of the essence, but the team are fully aware of this.
They do need to what it says on the tin. I have full and entire faith in the design team.
There seems to be an effect that young people spend longer in intensive care than older people (because older people die), so 50% of people in intensive care under 60 does not mean that 50% of people going into intensive care are under 60
Devon x 2, Wimbledon, Bristol x2, Nothern Ireland, Sussex, Derby all hooked up playing games.
And no red wine spilt on the sofa, Carrie...
Looking to run our book club (8 members) 'virtually' next week. by video conference.
What (free) platform would PBers recommend bearing in mid we will be first-time users: Facetime, WhatsApp, Skype, Zoom, something else?
Thanks
Zoom worked fine, easy to download and operate. Free version times out within the hour, so you all have to log back in occasionally, or you can pay about £12 a month for the whistles and bells version.
There is a killer virus sweeping the world, 1000s of people dying, the government have just announced the biggest load of helicopter money in 50+ years and closed all the pubs and clubs.
UK twitter trending....cancel the labour leadership election (and keep Jezza).
There is a killer virus sweeping the world, 1000s of people dying, the government have just announced the biggest load of helicopter money in 50+ years and closed all the pubs and clubs.
UK twitter trending....cancel the labour leadership election (and keep Jezza).
Please lol no, my Khan winnings aren't going to arrive for another year. Labour really needs Starmer in charge anyway.
There is a killer virus sweeping the world, 1000s of people dying, the government have just announced the biggest load of helicopter money in 50+ years and closed all the pubs and clubs.
UK twitter trending....cancel the labour leadership election (and keep Jezza).
After Emmerdale tonight they referred to HMG advice re pubs and safe spacing and urged everyone to follow the advice, but went on to say their episodes are filmed six weeks in advance so they will continue to show pub scenes and close contact, (or words to that effect)
I think they should can those episodes. Too many people struggle to separate soaps from real life.
Devon x 2, Wimbledon, Bristol x2, Nothern Ireland, Sussex, Derby all hooked up playing games.
And no red wine spilt on the sofa, Carrie...
Looking to run our book club (8 members) 'virtually' next week. by video conference.
What (free) platform would PBers recommend bearing in mid we will be first-time users: Facetime, WhatsApp, Skype, Zoom, something else?
Thanks
For work meetings we have started using Microsoft Teams which is a million times easier to use than Skype for Business. Extremely good platform which is not falling over as yet in spite of taking a real hammering.
There is a killer virus sweeping the world, 1000s of people dying, the government have just announced the biggest load of helicopter money in 50+ years and closed all the pubs and clubs.
UK twitter trending....cancel the labour leadership election (and keep Jezza).
After Emmerdale tonight they referred to HMG advice re pubs and safe spacing and urged everyone to follow the advice, but went on to say their episodes are filmed six weeks in advance so they will continue to show pub scenes and close contact, (or words to that effect)
I think they should can those episodes. Too many people struggle to separate soaps from real life.
Reshoot with some sheep worrying scenes.
They do - it’s called Pobl y Cwm ( joke, joke, JOKE!!)
There is a killer virus sweeping the world, 1000s of people dying, the government have just announced the biggest load of helicopter money in 50+ years and closed all the pubs and clubs.
UK twitter trending....cancel the labour leadership election (and keep Jezza).
Ah, the old Twitter bubble.
My floating voter mother rang me to specifically say how wonderful she thought Rishi Sunak was, and that 'John McDonald' was useless and tone deaf. And she misses Charlie Kennedy.
This handbook focuses on the real-time hotspots of the COVID-19 epidemic. It provides detailed and comprehensive answers to potential questions for diagnosing and treating patients in different types, which are extremely helpful reference for medical workers in other countries currently in the early stages of the outbreak. Key contents including:
Technical strategies for preventing and treatment of the epidemic
Treatment methods to treat the critically ill
Efficient clinical decision-making strategies for frontline medical experts
Devon x 2, Wimbledon, Bristol x2, Nothern Ireland, Sussex, Derby all hooked up playing games.
And no red wine spilt on the sofa, Carrie...
Looking to run our book club (8 members) 'virtually' next week. by video conference.
What (free) platform would PBers recommend bearing in mid we will be first-time users: Facetime, WhatsApp, Skype, Zoom, something else?
Thanks
For work meetings we have started using Microsoft Teams which is a million times easier to use than Skype for Business. Extremely good platform which is not falling over as yet in spite of taking a real hammering.
We use both. I'm more used to Skype for Business, which is what we use instead of phone calls these days.
Apparently the supermarkets are trying to hire 50,000 new employees over the next few weeks. Given that the chancellor has just announced the massive helicopter money and that people will get 80% of their salary, I wonder where they are going to get these people? Students? People who work Uber?
In fairness, conservativism has provision for that - Tories say they are pragmatic, altering their policies to the circumstances.
I disagree.
We are all communitarians.
Socialism involves compulsion
Some versions do, some don't. The problem with the word "socialism" is that it covers such a broad range of ideas that one person (e.g. me) can treat it as obvious basic human decency, and another person with the same values can regard it as a threat to civilised society.
Yes, I wasn’t meaning to be provocative - quite the opposite in fact. I simply mean socialism in the economic sense of the term, socialised risk for our fellow human. Not a dig at our Tory friends at all. Hope everyone is keeping safe and well.
In fairness, conservativism has provision for that - Tories say they are pragmatic, altering their policies to the circumstances.
Arguably conservatism helped get us into this mess.
Utter nonsense
This was foreseen, we were warned, we did nothing.
So every government worldwide were warned of this pandemic and did nothing
Pretty much. Before the outbreak we were warned. When it spread in China. When it spread in Italy. All took a conservative approach. Sadly no safety in numbers.
I think next time no chances will be taken. Flights will be suspended immediately.
Apparently the supermarkets are trying to hire 50,000 new employees over the next few weeks. Given that the chancellor has just announced the massive helicopter money and that people will get 80% of their salary, I wonder where they are going to get these people? Students? People who work Uber?
How many zero hours employees will be getting exactly that, zero hours? They are not helped by the chancellor's welcome intervention today unless I have misunderstood.
In fairness, conservativism has provision for that - Tories say they are pragmatic, altering their policies to the circumstances.
Arguably conservatism helped get us into this mess.
Utter nonsense
This was foreseen, we were warned, we did nothing.
So every government worldwide were warned of this pandemic and did nothing
Pretty much. Before the outbreak we were warned. When it spread in China. When it spread in Italy. All took a conservative approach. Sadly no safety in numbers.
I think next time no chances will be taken. Flights will be suspended immediately.
It's crazy that didn't happen this time.
I saw an interesting model of disease spread such as this. The problem is unless you are going to stop all flights and I mean all flights (no rescuing nationals), even allowing a very small number of flights soon results in little difference to if you had just allowed all flights.
Devon x 2, Wimbledon, Bristol x2, Nothern Ireland, Sussex, Derby all hooked up playing games.
And no red wine spilt on the sofa, Carrie...
Looking to run our book club (8 members) 'virtually' next week. by video conference.
What (free) platform would PBers recommend bearing in mid we will be first-time users: Facetime, WhatsApp, Skype, Zoom, something else?
Thanks
Zoom worked fine, easy to download and operate. Free version times out within the hour, so you all have to log back in occasionally, or you can pay about £12 a month for the whistles and bells version.
Zoom is the best I’ve tried (and I’ve tried lots). Think it will become the standard after this global stress test!
Apparently the supermarkets are trying to hire 50,000 new employees over the next few weeks. Given that the chancellor has just announced the massive helicopter money and that people will get 80% of their salary, I wonder where they are going to get these people? Students? People who work Uber?
How many zero hours employees will be getting exactly that, zero hours? They are not helped by the chancellor's welcome intervention today unless I have misunderstood.
Yes you misunderstood. He said ZHC were covered, and although he didn't go into details, my guess would be like holiday pay, it will be based on an average of the past x months of earnings.
Now, I don't know about Uber drivers, because you are technically self-employed.
There is a killer virus sweeping the world, 1000s of people dying, the government have just announced the biggest load of helicopter money in 50+ years and closed all the pubs and clubs.
UK twitter trending....cancel the labour leadership election (and keep Jezza).
Please lol no, my Khan winnings aren't going to arrive for another year. Labour really needs Starmer in charge anyway.
His victory "matures" in barely two weeks, and almost all the votes are postal.
I saw an interesting model of disease spread such as this. The problem is unless you are going to stop all flights and I mean all flights (no rescuing nationals), even allowing a very small number of flights soon results in little difference to if you had just allowed all flights.
There was a paper that came out at the end of January, from UK authors, which said that the Chinese quarantine would have to be 99.9% effective IIRC. I'm pretty sure it was 99.9% or 99%. Anyway the point they were making was that it was vanishingly improbable that the disease would be contained in China.
Devon x 2, Wimbledon, Bristol x2, Nothern Ireland, Sussex, Derby all hooked up playing games.
And no red wine spilt on the sofa, Carrie...
Looking to run our book club (8 members) 'virtually' next week. by video conference.
What (free) platform would PBers recommend bearing in mid we will be first-time users: Facetime, WhatsApp, Skype, Zoom, something else?
Thanks
For work meetings we have started using Microsoft Teams which is a million times easier to use than Skype for Business. Extremely good platform which is not falling over as yet in spite of taking a real hammering.
We use both. I'm more used to Skype for Business, which is what we use instead of phone calls these days.
Calling all PB economists - is my thinking right here?:
1. The government is going to spend a £gazillion in getting us through this crisis. 2. It can pay for that by simply printing (or rather electronically creating) money. 3. The net effect of that is to reduce the real value of each £. 4. Normally that would lead to inflation because imports would become more expensive... but... 5. Every other major economy (and certainly the EU and the US) is going to have to do the same so: 6. The net effect will be neutral.
Is that right?
If not how is this going to be paid for? (I'm assuming wacking up taxes would be a bad idea at the moment because it would supress demand.)
I saw an interesting model of disease spread such as this. The problem is unless you are going to stop all flights and I mean all flights (no rescuing nationals), even allowing a very small number of flights soon results in little difference to if you had just allowed all flights.
There was a paper that came out at the end of January, from UK authors, which said that the Chinese quarantine would have to be 99.9% effective IIRC. I'm pretty sure it was 99.9% or 99%. Anyway the point they were making was that it was vanishingly improbable that the disease would be contained in China.
The problem is with a disease where many people suffer no symptoms and no real time test, it doesn't take many infected people to be transported for it to be not much different in the long run as if you had just allowed all flights.
Devon x 2, Wimbledon, Bristol x2, Nothern Ireland, Sussex, Derby all hooked up playing games.
And no red wine spilt on the sofa, Carrie...
Looking to run our book club (8 members) 'virtually' next week. by video conference.
What (free) platform would PBers recommend bearing in mid we will be first-time users: Facetime, WhatsApp, Skype, Zoom, something else?
Thanks
For work meetings we have started using Microsoft Teams which is a million times easier to use than Skype for Business. Extremely good platform which is not falling over as yet in spite of taking a real hammering.
We use both. I'm more used to Skype for Business, which is what we use instead of phone calls these days.
Skype is absolute shite.
Yes, by far the worst of the big name platforms. Garbage.
Calling all PB economists - is my thinking right here?:
1. The government is going to spend a £gazillion in getting us through this crisis. 2. It can pay for that by simply printing (or rather electronically creating) money. 3. The net effect of that is to reduce the real value of each £. 4. Normally that would lead to inflation because imports would become more expensive... but... 5. Every other major economy (and certainly the EU and the US) is going to have to do the same so: 6. The net effect will be neutral.
Is that right?
If not how is this going to be paid for? (I'm assuming wacking up taxes would be a bad idea at the moment because it would supress demand.)
They said in the press conference it would all be financed through the gilts market, so no printing of money.
Calling all PB economists - is my thinking right here?:
1. The government is going to spend a £gazillion in getting us through this crisis. 2. It can pay for that by simply printing (or rather electronically creating) money. 3. The net effect of that is to reduce the real value of each £. 4. Normally that would lead to inflation because imports would become more expensive... but... 5. Every other major economy (and certainly the EU and the US) is going to have to do the same so: 6. The net effect will be neutral.
Is that right?
If not how is this going to be paid for? (I'm assuming wacking up taxes would be a bad idea at the moment because it would supress demand.)
They said in the press conference it would all be financed through the gilts market, so no printing of money.
Though isn't everyone "working from home" in their underpants?
Realise that’s in jest, but raises a serious question about how office-based PBers are finding the WFH thing. I WFH 3-4 days a week normally and have a home office so not massively different (although I miss my days in town with actual people).
Are people getting used to it? (Top tip: get showered and dressed in the morning)
Calling all PB economists - is my thinking right here?:
1. The government is going to spend a £gazillion in getting us through this crisis. 2. It can pay for that by simply printing (or rather electronically creating) money. 3. The net effect of that is to reduce the real value of each £. 4. Normally that would lead to inflation because imports would become more expensive... but... 5. Every other major economy (and certainly the EU and the US) is going to have to do the same so: 6. The net effect will be neutral.
Is that right?
If not how is this going to be paid for? (I'm assuming wacking up taxes would be a bad idea at the moment because it would supress demand.)
They said in the press conference it would all be financed through the gilts market, so no printing of money.
Devon x 2, Wimbledon, Bristol x2, Nothern Ireland, Sussex, Derby all hooked up playing games.
And no red wine spilt on the sofa, Carrie...
Looking to run our book club (8 members) 'virtually' next week. by video conference.
What (free) platform would PBers recommend bearing in mid we will be first-time users: Facetime, WhatsApp, Skype, Zoom, something else?
Thanks
For work meetings we have started using Microsoft Teams which is a million times easier to use than Skype for Business. Extremely good platform which is not falling over as yet in spite of taking a real hammering.
We use both. I'm more used to Skype for Business, which is what we use instead of phone calls these days.
Skype is absolute shite.
Yes, by far the worst of the big name platforms. Garbage.
The parents of our sixth formers joined their children on the school steps today to say goodbye to the school they had been at in many cases for 13 years. It was really sad. The school normally has a series of events for sixth formers including various parties and bbqs organised by former pupils, a leaving ceremony and much silliness. My daughter who left 5 years ago said that the last week was one of the best in her life.
These kids will get none of that. They won’t do the shows and the concerts, their final sports day etc. I feel really sorry for them. Add in the uncertainty and lack of control in respect of their results and the potential consequences for their University admission and you have a desperate state of affairs.
This generation will never forget Covid 19. My son and his year are to start their sixth year curriculum online on Monday. The Highers they worked for are now forgotten and they move on. I am really glad he has another year to get the things this year is missing.
Calling all PB economists - is my thinking right here?:
1. The government is going to spend a £gazillion in getting us through this crisis. 2. It can pay for that by simply printing (or rather electronically creating) money. 3. The net effect of that is to reduce the real value of each £. 4. Normally that would lead to inflation because imports would become more expensive... but... 5. Every other major economy (and certainly the EU and the US) is going to have to do the same so: 6. The net effect will be neutral.
Is that right?
If not how is this going to be paid for? (I'm assuming wacking up taxes would be a bad idea at the moment because it would supress demand.)
Personally, I think inflation is the least dangerous way of getting us through this.
Devon x 2, Wimbledon, Bristol x2, Nothern Ireland, Sussex, Derby all hooked up playing games.
And no red wine spilt on the sofa, Carrie...
Looking to run our book club (8 members) 'virtually' next week. by video conference.
What (free) platform would PBers recommend bearing in mid we will be first-time users: Facetime, WhatsApp, Skype, Zoom, something else?
Thanks
Zoom worked fine, easy to download and operate. Free version times out within the hour, so you all have to log back in occasionally, or you can pay about £12 a month for the whistles and bells version.
Devon x 2, Wimbledon, Bristol x2, Nothern Ireland, Sussex, Derby all hooked up playing games.
And no red wine spilt on the sofa, Carrie...
Looking to run our book club (8 members) 'virtually' next week. by video conference.
What (free) platform would PBers recommend bearing in mid we will be first-time users: Facetime, WhatsApp, Skype, Zoom, something else?
Thanks
For work meetings we have started using Microsoft Teams which is a million times easier to use than Skype for Business. Extremely good platform which is not falling over as yet in spite of taking a real hammering.
We use both. I'm more used to Skype for Business, which is what we use instead of phone calls these days.
Skype is absolute shite.
Mum and I just used it to talk to my brother and sister-in-law in Aberdeen, and coo at my little nephew. He's roughly three weeks old
Calling all PB economists - is my thinking right here?:
1. The government is going to spend a £gazillion in getting us through this crisis. 2. It can pay for that by simply printing (or rather electronically creating) money. 3. The net effect of that is to reduce the real value of each £. 4. Normally that would lead to inflation because imports would become more expensive... but... 5. Every other major economy (and certainly the EU and the US) is going to have to do the same so: 6. The net effect will be neutral.
Is that right?
If not how is this going to be paid for? (I'm assuming wacking up taxes would be a bad idea at the moment because it would supress demand.)
They said in the press conference it would all be financed through the gilts market, so no printing of money.
Though isn't everyone "working from home" in their underpants?
Realise that’s in jest, but raises a serious question about how office-based PBers are finding the WFH thing. I WFH 3-4 days a week normally and have a home office so not massively different (although I miss my days in town with actual people).
Are people getting used to it? (Top tip: get showered and dressed in the morning)
I normally do it half the time, so less of a change. I'm trying to have virtual coffee breaks with colleagues to maintain a degree of social interaction. We use Skype for Business for this!
Calling all PB economists - is my thinking right here?:
1. The government is going to spend a £gazillion in getting us through this crisis. 2. It can pay for that by simply printing (or rather electronically creating) money. 3. The net effect of that is to reduce the real value of each £. 4. Normally that would lead to inflation because imports would become more expensive... but... 5. Every other major economy (and certainly the EU and the US) is going to have to do the same so: 6. The net effect will be neutral.
Is that right?
If not how is this going to be paid for? (I'm assuming wacking up taxes would be a bad idea at the moment because it would supress demand.)
They said in the press conference it would all be financed through the gilts market, so no printing of money.
Given the interest rate on gilts at the moment that is the next best thing to free. But it is also misleading because the BoE is committed to buying £200bn of gilts in the market so it is really still QE.
Calling all PB economists - is my thinking right here?:
1. The government is going to spend a £gazillion in getting us through this crisis. 2. It can pay for that by simply printing (or rather electronically creating) money. 3. The net effect of that is to reduce the real value of each £. 4. Normally that would lead to inflation because imports would become more expensive... but... 5. Every other major economy (and certainly the EU and the US) is going to have to do the same so: 6. The net effect will be neutral.
Is that right?
If not how is this going to be paid for? (I'm assuming wacking up taxes would be a bad idea at the moment because it would supress demand.)
They said in the press conference it would all be financed through the gilts market, so no printing of money.
Given the interest rate on gilts at the moment that is the next best thing to free. But it is also misleading because the BoE is committed to buying £200bn of gilts in the market so it is really still QE.
Calling all PB economists - is my thinking right here?:
1. The government is going to spend a £gazillion in getting us through this crisis. 2. It can pay for that by simply printing (or rather electronically creating) money. 3. The net effect of that is to reduce the real value of each £. 4. Normally that would lead to inflation because imports would become more expensive... but... 5. Every other major economy (and certainly the EU and the US) is going to have to do the same so: 6. The net effect will be neutral.
Is that right?
If not how is this going to be paid for? (I'm assuming wacking up taxes would be a bad idea at the moment because it would supress demand.)
I’ll have a crack.
We’ll have to pay for it in increased taxes (weighted heavily towards wealthy/middle class) but only when the economy has recovered.
Inflation not a short term concern given the massive suppression in aggregate demand. But, need to keep supply of scarce goods up (bog roll) or prices shoot up.
Calling all PB economists - is my thinking right here?:
1. The government is going to spend a £gazillion in getting us through this crisis. 2. It can pay for that by simply printing (or rather electronically creating) money. 3. The net effect of that is to reduce the real value of each £. 4. Normally that would lead to inflation because imports would become more expensive... but... 5. Every other major economy (and certainly the EU and the US) is going to have to do the same so: 6. The net effect will be neutral.
Is that right?
If not how is this going to be paid for? (I'm assuming wacking up taxes would be a bad idea at the moment because it would supress demand.)
They said in the press conference it would all be financed through the gilts market, so no printing of money.
Given the interest rate on gilts at the moment that is the next best thing to free. But it is also misleading because the BoE is committed to buying £200bn of gilts in the market so it is really still QE.
Calling all PB economists - is my thinking right here?:
1. The government is going to spend a £gazillion in getting us through this crisis. 2. It can pay for that by simply printing (or rather electronically creating) money. 3. The net effect of that is to reduce the real value of each £. 4. Normally that would lead to inflation because imports would become more expensive... but... 5. Every other major economy (and certainly the EU and the US) is going to have to do the same so: 6. The net effect will be neutral.
Is that right?
If not how is this going to be paid for? (I'm assuming wacking up taxes would be a bad idea at the moment because it would supress demand.)
They said in the press conference it would all be financed through the gilts market, so no printing of money.
Given the interest rate on gilts at the moment that is the next best thing to free. But it is also misleading because the BoE is committed to buying £200bn of gilts in the market so it is really still QE.
The government wants to pretend that there is still a market for UK gilts and is willing to pay the market makers a turn for helping them. So the market makers will buy the gilts from the government in the knowledge that the BoE will buy them from them at a slightly higher price. It’s the sort of thing Labour might get angry about if they understood it.
"But there is one big caveat: this modelling assumes that Covid-19, in historical terms anyway, is a short-lived phenomena which is tackled fairly quickly."
Well you can stick that model in the same bin as the egg-heads initial coronavirus strategy.
"But there is one big caveat: this modelling assumes that Covid-19, in historical terms anyway, is a short-lived phenomena which is tackled fairly quickly."
Well you can stick that model in the same bin as the egg-heads initial coronavirus strategy.
"But there is one big caveat: this modelling assumes that Covid-19, in historical terms anyway, is a short-lived phenomena which is tackled fairly quickly."
Well you can stick that model in the same bin as the egg-heads initial coronavirus strategy.
Depends how big the iceberg is.
Well if the number of celebs getting it are anything to go by, there is no iceberg at all.
Calling all PB economists - is my thinking right here?:
1. The government is going to spend a £gazillion in getting us through this crisis. 2. It can pay for that by simply printing (or rather electronically creating) money. 3. The net effect of that is to reduce the real value of each £. 4. Normally that would lead to inflation because imports would become more expensive... but... 5. Every other major economy (and certainly the EU and the US) is going to have to do the same so: 6. The net effect will be neutral.
Is that right?
If not how is this going to be paid for? (I'm assuming wacking up taxes would be a bad idea at the moment because it would supress demand.)
They said in the press conference it would all be financed through the gilts market, so no printing of money.
Given the interest rate on gilts at the moment that is the next best thing to free. But it is also misleading because the BoE is committed to buying £200bn of gilts in the market so it is really still QE.
The government wants to pretend that there is still a market for UK gilts and is willing to pay the market makers a turn for helping them. So the market makers will buy the gilts from the government in the knowledge that the BoE will buy them from them at a slightly higher price. It’s the sort of thing Labour might get angry about if they understood it.
Because it's effectively a free gift to the market makers?
Comments
What (free) platform would PBers recommend bearing in mid we will be first-time users: Facetime, WhatsApp, Skype, Zoom, something else?
Thanks
They do need to what it says on the tin. I have full and entire faith in the design team.
There seems to be an effect that young people spend longer in intensive care than older people (because older people die), so 50% of people in intensive care under 60 does not mean that 50% of people going into intensive care are under 60
Dame Vera Lynn is 103 today. Duracell bunny eat your heart out.
UK twitter trending....cancel the labour leadership election (and keep Jezza).
https://www.dailymail.co.uk/news/article-8130457/France-extend-coronavirus-lockdown-face-mask-shortage-bites.html
At the time he allegedly made that remark, he was Sir Edward Grey. He was not elevated to the peerage until 1916.
*Pedant hat OFF*
Add your own punchline...
My floating voter mother rang me to specifically say how wonderful she thought Rishi Sunak was, and that 'John McDonald' was useless and tone deaf. And she misses Charlie Kennedy.
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https://covid-19.alibabacloud.com/
Jenni Murray?
The ghost of Jessica Mitford?
Flights will be suspended immediately.
It's crazy that didn't happen this time.
Now, I don't know about Uber drivers, because you are technically self-employed.
So I don't think that will be postponed.
1. The government is going to spend a £gazillion in getting us through this crisis.
2. It can pay for that by simply printing (or rather electronically creating) money.
3. The net effect of that is to reduce the real value of each £.
4. Normally that would lead to inflation because imports would become more expensive... but...
5. Every other major economy (and certainly the EU and the US) is going to have to do the same so:
6. The net effect will be neutral.
Is that right?
If not how is this going to be paid for? (I'm assuming wacking up taxes would be a bad idea at the moment because it would supress demand.)
https://www.hsj.co.uk/news/hospitals-critical-care-unit-overwhelmed-by-coronavirus-patients/7027189.article
Are people getting used to it? (Top tip: get showered and dressed in the morning)
I couldn't resist
https://www.nytimes.com/2020/03/20/opinion/coronavirus-economy-currency.html
These kids will get none of that. They won’t do the shows and the concerts, their final sports day etc. I feel really sorry for them. Add in the uncertainty and lack of control in respect of their results and the potential consequences for their University admission and you have a desperate state of affairs.
This generation will never forget Covid 19. My son and his year are to start their sixth year curriculum online on Monday. The Highers they worked for are now forgotten and they move on. I am really glad he has another year to get the things this year is missing.
https://peoplebyinitials.com/?q=JM
Bet I'd be shocked.
We’ll have to pay for it in increased taxes (weighted heavily towards wealthy/middle class) but only when the economy has recovered.
Inflation not a short term concern given the massive suppression in aggregate demand. But, need to keep supply of scarce goods up (bog roll) or prices shoot up.
https://twitter.com/KateAndrs/status/1241115045276368902?s=19
Well you can stick that model in the same bin as the egg-heads initial coronavirus strategy.
Unless the US have found a drug to mitigate this, it is going to be a incredible shit show.
https://www.spiked-online.com/2020/03/20/a-disaster-without-precedent/