sharetrader
Page 832 of 1902 FirstFirst ... 33273278282282882983083183283383483583684288293213321832 ... LastLast
Results 8,311 to 8,320 of 19011

Thread: Black Monday

  1. #8311
    Senior Member
    Join Date
    Jul 2020
    Posts
    850

    Default

    Quote Originally Posted by peat View Post
    i tend to rate people not unproven skillsets. For instance an economist can be a useless fool graduate promulgating his corporate views, (eg I didnt bother reading the whole ASB report Hoop linked to), or he can be an intelligent astute individual who has started majorly successful companies and have a good grip on the world around him who shares his views, and in my experience after quite a few years of hearing those views I rate him better than most. Its not public health advice in any case it is commentary on the benefits or otherwise of the public health policy that was implemented.

    All I can say watching the TV news is that I've never seen so many epidemiologists!!

    My dentist is a councillor and major heritage property owner around the region , so he's doing okay for himself too fyi. We talked Tesla but he's a bricks and mortar man.
    And some of them have outrageous hair colours .....

  2. #8312
    Senior Member
    Join Date
    Jun 2008
    Posts
    886

    Default

    Quote Originally Posted by peat View Post
    i tend to rate people not unproven skillsets. For instance an economist can be a useless fool graduate promulgating his corporate views, (eg I didnt bother reading the whole ASB report Hoop linked to), or he can be an intelligent astute individual who has started majorly successful companies and have a good grip on the world around him who shares his views, and in my experience after quite a few years of hearing those views I rate him better than most. Its not public health advice in any case it is commentary on the benefits or otherwise of the public health policy that was implemented.

    All I can say watching the TV news is that I've never seen so many epidemiologists!!

    My dentist is a councillor and major heritage property owner around the region , so he's doing okay for himself too fyi. We talked Tesla but he's a bricks and mortar man.
    Classic dentist chat. He might have called the top of the great Tesla bubble! Do keep us updated

    Seriously though, both of Mr Ryders statements are factually wrong, lockdowns DID contain COVID's spread (e.g. NY, NZ) and reopening DID cause a second wave (e.g. Florida, Europe). Quick look at the infection stats shows that.

    Interestingly lots of reports now, that locking down doesn't seem to affect the economy. It is people's fear of the virus and thus confidence to go out and spend (or not) which does. So you are better off for public health AND economically to lock down and get things under control. What happened in NZ when we returned to Level 1 shows this very clearly and is NZ's current approach.

    Would say it sounds like stage 1 macroeconomics and the marginal propensity to consume and Keynesian multipliers except that I happened to skip that one so maybe it was Econ211
    Last edited by Jaa; 08-09-2020 at 04:50 PM.

  3. #8313
    Member
    Join Date
    Jun 2020
    Posts
    124

    Default

    Quote Originally Posted by Jaa View Post
    Classic dentist chat. He might have called the top of the great Tesla bubble! Do keep us updated

    Seriously though, both of Mr Ryders statements are factually wrong, lockdowns DID contain COVID's spread (e.g. NY, NZ) and reopening DID cause a second wave (e.g. Florida, Europe). Quick look at the infection stats shows that.

    Interestingly lots of reports now, that locking down doesn't seem to affect the economy. It is people's fear of the virus and thus confidence to go out and spend (or not) which does. So you are better off for public health AND economically to lock down and get things under control. What happened in NZ when we returned to Level 1 shows this very clearly and is NZ's current approach.

    Would say it sounds like stage 1 macroeconomics and the marginal propensity to consume and Keynesian multipliers except that I happened to skip that one so maybe it was Econ211
    Did Gamini Jayasuriya teach you econ 101? Excellent lecturer btw

  4. #8314
    Advanced Member
    Join Date
    Jun 2016
    Posts
    1,621

    Default

    Quote Originally Posted by Jaa View Post
    Classic dentist chat. He might have called the top of the great Tesla bubble! Do keep us updated

    Seriously though, both of Mr Ryders statements are factually wrong, lockdowns DID contain COVID's spread (e.g. NY, NZ) and reopening DID cause a second wave (e.g. Florida, Europe). Quick look at the infection stats shows that.

    Interestingly lots of reports now, that locking down doesn't seem to affect the economy. It is people's fear of the virus and thus confidence to go out and spend (or not) which does. So you are better off for public health AND economically to lock down and get things under control. What happened in NZ when we returned to Level 1 shows this very clearly and is NZ's current approach.

    Would say it sounds like stage 1 macroeconomics and the marginal propensity to consume and Keynesian multipliers except that I happened to skip that one so maybe it was Econ211

    That's an enlightening report in Bloomberg & based on survey of 2.25 million businesses based on very solid research.

    Wish someone could talk some sense into David Seymour & ACT who want to reopen the border & damm the consequences, what an absolute disaster that would be both for the economy & hundreds of thousands of people with immune supressed health conditions and our elderly population & our health system & all the doctors and nurses and staff who run our hospitals, Rest Homes, etc and their families & close contacts & the people & businesses which rely on them.

  5. #8315
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    11,079

    Default

    Quote Originally Posted by Blue Skies View Post
    That's an enlightening report in Bloomberg & based on survey of 2.25 million businesses based on very solid research.

    Wish someone could talk some sense into David Seymour & ACT who want to reopen the border & damm the consequences, what an absolute disaster that would be both for the economy & hundreds of thousands of people with immune supressed health conditions and our elderly population & our health system & all the doctors and nurses and staff who run our hospitals, Rest Homes, etc and their families & close contacts & the people & businesses which rely on them.
    well if the economy going down the toilet this new industry will help

    Research shows legal cannabis could earn Government nearly $1 billion

    https://www.stuff.co.nz/national/pol...arly-1-billion




    one step ahead of the herd

  6. #8316
    Banned
    Join Date
    Dec 2015
    Location
    Maori land
    Posts
    1,776

    Default

    U n me can get high together bull.....

  7. #8317
    Member
    Join Date
    Feb 2016
    Posts
    139

    Default

    Quote Originally Posted by Blue Skies View Post
    That's an enlightening report in Bloomberg & based on survey of 2.25 million businesses based on very solid research.

    Wish someone could talk some sense into David Seymour & ACT who want to reopen the border & damm the consequences, what an absolute disaster that would be both for the economy & hundreds of thousands of people with immune supressed health conditions and our elderly population & our health system & all the doctors and nurses and staff who run our hospitals, Rest Homes, etc and their families & close contacts & the people & businesses which rely on them.
    Too right! Catching COVID isn't a matter of a week or two and one is cured. It entails months of illness, and health costs long term. Those who want to open up and devil take the population, don't have an economic argument that makes sense.

  8. #8318
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,896

    Default

    Quote Originally Posted by Jerry View Post
    Too right! Catching COVID isn't a matter of a week or two and one is cured. It entails months of illness, and health costs long term. Those who want to open up and devil take the population, don't have an economic argument that makes sense.
    Yeah nah. Just been watching the US Open where a few of the athletes have had covid. They are still performing at their peak even though they had covid not more than 2 - 3 months ago.

  9. #8319
    Guru
    Join Date
    May 2006
    Location
    , , .
    Posts
    3,330

    Default

    Quote Originally Posted by Jerry View Post
    Too right! Catching COVID isn't a matter of a week or two and one is cured. It entails months of illness, and health costs long term. Those who want to open up and devil take the population, don't have an economic argument that makes sense.
    Quote Originally Posted by blackcap View Post
    Yeah nah. Just been watching the US Open where a few of the athletes have had covid. They are still performing at their peak even though they had covid not more than 2 - 3 months ago.
    You are both generalising - some get it and hardly notice during or after.
    Some get it and the impacts carry on for months.
    Some die!

  10. #8320
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,896

    Default

    Quote Originally Posted by dobby41 View Post
    You are both generalising - some get it and hardly notice during or after.
    Some get it and the impacts carry on for months.
    Some die!
    Most, nearly all, get it and hardly notice during or after,
    Some get it and impacts carry on,
    A very few die.

    There fixed it for you.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •