So, imagine our chief science guys are right and this time next year the UK is seen as the beacon of dealing with this virus by not doing total lockdown.
We stride the world.
Except it won't be like that. We will be the dumbasses who thought we knew best, better than the Chinese scientists and epidemiologists who deal with this kind of threat every day of every year.
The country which is the beacon of dealing with this virus is China.
We're not smart and we are not world players. Not any more.
You are getting worrying close to "at least [he] made the trains run on time" as an argument
So, imagine our chief science guys are right and this time next year the UK is seen as the beacon of dealing with this virus by not doing total lockdown.
We stride the world.
Except it won't be like that. We will be the dumbasses who thought we knew best, better than the Chinese scientists and epidemiologists who deal with this kind of threat every day of every year.
The country which is the beacon of dealing with this virus is China.
We're not smart and we are not world players. Not any more.
Utter crap, it was China who caused this virus by allowing live meat markets and bat experiments.
South Korea, Singapore and Germany also have dealt with this virus far better than China, as for the moment has the UK
Out of hours FTSE now down to 5160 but the Dow hasn’t moved, presumably the trigger close has stayed in all night.
I was wondering about the DOW/FTSE moves, but yes clear your explanation is right.
It's disappointing and concerning how little impact the Central banks moves have had. Not even a dead cat this time.
I doubt they can do much at this stage - there is no chance of a stock market recovery until the virus peaks.
It's not the stock market that is the problem. it's the real economy. I would be amazed if its not down 5% this month. God knows what's happened to Italy's GDP.
Biden just committed to appointing a woman as his veep.
Elizabeth Warren
Too old !
Warren is over ten years younger than Biden and he needs her to get progressives and left liberals behind him, he alreasy has centrists and the black voter tied up
1. Gym noticeably quieter this morning with fewer pensioners. 2. Roads noticeably quieter this morning. Makes life easier for those of us who need to work not from home 3. Talk up thread about interest rates and liquidity. They are going to have to implement a debt holiday. Lower interest rates does nothing if your business is drying up as people suspend their normal operations.
You can keep going with a lower income - cut your outgoings! For both people and businesses a lot of outgoings are debt - mortgage, loans, capex etc. These aircraft that are about to be parked up won't be owned outright by the airlines. Most businesses rent, most people rent or pay a mortgage, then we have loans for so many things.
If incomes are to drop through the floor then to avoid mass personal and business bankruptcy we need a debt holiday. Let the remaining liquid cash in circulation keep circulating not be repaid to the banks. Which means the government step in, float the banks off the rocks in exchange for a moratorium on all lending repayments until this is all over.
Whats more this needs to happen worldwide. Big businesses are global, smaller businesses buy global. We can lock down our physical borders but the electronic movement of money is unaffected. Something that Bozza could suggest at the G7 whilst looking at that flying pig out the window...
So, imagine our chief science guys are right and this time next year the UK is seen as the beacon of dealing with this virus by not doing total lockdown.
We stride the world.
Except it won't be like that. We will be the dumbasses who thought we knew best, better than the Chinese scientists and epidemiologists who deal with this kind of threat every day of every year.
The country which is the beacon of dealing with this virus is China.
We're not smart and we are not world players. Not any more.
Utter crap, it was China who caused this virus by allowing live meat markets and bat experiments.
South Korea, Singapore and Germany also have dealt with this virus far better than China, as for the moment has the UK
So, imagine our chief science guys are right and this time next year the UK is seen as the beacon of dealing with this virus by not doing total lockdown.
We stride the world.
Except it won't be like that. We will be the dumbasses who thought we knew best, better than the Chinese scientists and epidemiologists who deal with this kind of threat every day of every year.
The country which is the beacon of dealing with this virus is China.
We're not smart and we are not world players. Not any more.
Utter crap, it was China who caused this virus by allowing live meat markets and bat experiments.
South Korea, Singapore and Germany also have dealt with this virus far better than China, as for the moment has the UK
Brilliant. Two weeks into the crisis and the free market is demanding subsidies. No thanks. Time for a cull.
For free market, read employees.
The state has a role and an obligation to protect citizens. Not companies. Shareholders take a risk to get a return. Sometimes it doesn't pay off. It's called capitalism.
Brilliant. Two weeks into the crisis and the free market is demanding subsidies. No thanks. Time for a cull.
For free market, read employees.
The state has a role and an obligation to protect citizens. Not companies. Shareholders take a risk to get a return. Sometimes it doesn't pay off. It's called capitalism.
This ain’t capitalism.
The govt can either institute a UBI and let most of the private sector go to the wall.
Or, it can prop up private sector until normal service can resume.
Comments
This thread has herd immunity
Senator Rubio as flu
Jeb Bush as common cold
Senator Cruz as pubic lice
South Korea, Singapore and Germany also have dealt with this virus far better than China, as for the moment has the UK
The govt can either institute a UBI and let most of the private sector go to the wall.
Or, it can prop up private sector until normal service can resume.