• Dear Guest, Please note that adult content is not permitted on this forum. We have had our Google ads disabled at times due to some posts that were found from some time ago. Please do not post adult content and if you see any already on the forum, please report the post so that we can deal with it. Adult content is allowed in the glory hole - you will have to request permission to access it. Thanks, scara

Coronavirus

ricky2tricky4city said:
I hope you've been wondering this for at least the last 12 years.

Worldwide governments are in a pickle. QE, Stimulus, helicopter money, nothing allowed to fail, just keep shaking the magic money tree as voters won't accept pain, especially financial pain. Policy allowed us to become wealthier (quite often by doing very little ie asset bubbles) ....'take that away...you'll be destroyed at the ballot box'

The thing is...the longer it takes (to face reality), the bigger the implosion.
Click to expand...

Indeed. Since the last crisis the Fed, BOE, BOJ, ECB, China all pumping money into the system at all levels of the economy.
Just to buy bonds and keep the markets liquid, causing inflated asset prices but it’s not efficient and just kicking the can down the road.
 
spitshine said:
Indeed. Since the last crisis the Fed, BOE, BOJ, ECB, China all pumping money into the system at all levels of the economy.
Just to buy bonds and keep the markets liquid, causing inflated asset prices but it’s not efficient and just kicking the can down the road.
Click to expand...
100%.

The problem just gets bigger and definitely has the possibility of bringing the actual meaning and value of money into doubt. The numbers are so huge and the hole so deep it just stinks of a failing system.

The tools (and the opportunity) to correct have passed on by. Things have increased speed with this pandemic as we truckload more on.

The problem is it runs so deep, governments, businesses, personal debt. No one likes austerity, no one much cares for paying back.

Personally I think a deflationary period will be followed by a (where have you been) inflationary one. A lot of stimulus, this time round has found its way to the end user. If so interest rates would have to rise keep a lid on it....and it's not hard to imagine the side effects of that.
 
ricky2tricky4city said:
Logic would dictate that gradually exposing ourselves to the virus and with no real measures to stop it or protect ourselves, infection will increase again.

Track and trace as an intervention is pretty flimsy (and that includes our implementation of it), for starters its retrospective and also its too weighted on trusting peoples behaviour. for example, when everyone had to stay in, the general population started to self police that, but when an individual gets a message/call to isolate and stay in from the tracers, its only the authorities (i suppose they will get a list??) that would know, your neighbours/friends etc won't, so potentially carry on as you please.

The only thing that could slow the infection rate is if we discover more people have been thru it (think the latest est was 7%).

With the strictest (not worldwide strictest) level of lockdown we're at R 0.7-0.9....so as the experts say, hardly any wriggle room, so in a way its bizarre (from a health pov) to allow loads more freedom as they appear mortified at it raising above 1 when logically why wouldn't that happen?
Click to expand...
I agree track and trace with no real teeth is going to achieve very little. Was surprised it was voluntary isolation especially when you factor in the privacy rules.
 
There are about 25 people having a pool party a couple of doors down.

I cycled through High Beach earlier, as busy as a normal summer Saturday, despite the pub appearing to be closed there were a large number of people on the green drinking pints.

Lockdown is over, we’re all going to die.
 
galeforce said:
There are about 25 people having a pool party a couple of doors down.

I cycled through High Beach earlier, as busy as a normal summer Saturday, despite the pub appearing to be closed there were a large number of people on the green drinking pints.

Lockdown is over, we’re all going to die.
Click to expand...

I've just walked through our local rec ground on the way to the shops, at least four groups of over 15, with many more over the limit of 8. And none 2m apart.

Really what Joe Public wants is paid time off work and something to moan about.
 
Seedy Ron said:
The organ grinder appears to be paying the monkeys £10 per hour to do nothing in a system that doesn't exist?

That Graun article:
https://outline.com/YDwcC2

World beating.
Click to expand...
Sounds about right for a new govt role tbh.

It's also exactly why, and completely going against my normal morale position, that I'm strongly considering not engaging with the system or downloaded the app.
Poorly trained staff, no primary focus on civic duty, scant data protection training.
Driven by a SAGE that now has significant question marks over its septation from significant political influence.

No thanks. However, not engaging could cost lives.
 
@SpurMeUp
Govt Scientist just said getting players to) from the pitch won't have a significant impact on R value so there are minimal worries about spread.

I guess that works, in line with the increase for the public to play sports in groups of 5 at a social distance.
I guess professional sports people are professional and will therefore distance (in theory), so that reconciles the "one rule for football, one for the public" concern I had.
And other sports could start up again if they wanted to.
 
We’ll pay for furlough by printing the money.

Money is an abstraction so it doesn’t matter.

So every existing pound note gets devalued. And it becomes a little more expensive for us to borrow money internationally.

Cannot get much fairer than that?!

Anyone taking the furlough directly on or on behalf of their employees should also recognise they are now officially socialists and they should adjust their political expressions accordingly. (Lol)
 
So not just politicians that lie. The guy who informed that Cummings was in Durham for a second time admitted he was lying.
 
So people who were shielding until end of June are now advised it's Ok to go out from tomorrow.
I thought that was going to be one of the last things to be changed as we move out of lockdown? How have we jumped to that stage?
 
You must log in or register to reply here.
Back