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Originally Posted by Rawz
But hospitalization and death rates dropping for those that are vaccinated. I have a few friends in the UK that have had covid since getting 2 jabs and it knocks you yes, but just bed ridden. Not in hospital on a ventilator. Big difference
The vaccine doesnt prevent covid, rather it reduces the severity of it and therefore less likely to be seriously I'll or die from it. Covid in the community is the new normal overseas and will be the same for NZ. Just a matter of time.
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"knocks you" yes but if they get thousands in a specific geo graphic area it would over run health services but not ICU.
They might still do region specific level 2 and enforce scanning.
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Hopefully we can get back to the subject at hand tomorrow.
Beagle has been building a nice stash of cash and is fairly keen to deploy some but in no particular hurry.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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Ultimately the Govt will have to let go of the current strategy for reasons mentioned, virus continually returning despite vaccinations and lockdowns killing business. But at present it works for the Adern Govt because it's the only thing in 4 years that has worked for them. Every other policy initiative or promise in the past 4 years has been a fail. The 'covid show' that keeps Adern in the media month after month is all they have and it make sense to keep playing this card through to the next election. But it won't run indefinitely.
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Orr cannot move now imo. If he was going to do a 50 he may think he can do 25. But the reality is tomorrow he does not have the information he needs to avert a poor outcome. He needs to understand whether this is a 1 month 2 month or more lockdown. Fx obviously suspecting that too having sold off.
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Last edited by nztx; 17-08-2021 at 10:26 PM.
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"no particular hurry"
number of contacts looks large...
"no hurry" because if it explodes lockdowns will go for up to a month or more...
and that will hit the market.
Last edited by Waltzing; 17-08-2021 at 10:37 PM.
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Originally Posted by SPC
Ultimately the Govt will have to let go of the current strategy for reasons mentioned, virus continually returning despite vaccinations and lockdowns killing business. But at present it works for the Adern Govt because it's the only thing in 4 years that has worked for them. Every other policy initiative or promise in the past 4 years has been a fail. The 'covid show' that keeps Adern in the media month after month is all they have and it make sense to keep playing this card through to the next election. But it won't run indefinitely.
So true, what a complete sham this is, putting the whole country into level 4 and shutting down the whole South Island ski industry in its peak season, why not level 2? Bargains i couldn't give a toss about to be honest, im too p****d off to care about that right now.
Last edited by couta1; 17-08-2021 at 10:42 PM.
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"More than 168.7 million Americans, 51% of the population, were fully vaccinated as of Monday, according to the Centers for Disease Control and Prevention."
Where is NZ at right now ?
Should we be concerned ?
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Member
You cant really compare us and America. They have no lockdowns, we do. NZ policy is zero covid no matter what. At some point the cost benefit shifts. I hope Jacinda is smart enough to know when.
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