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Thread: Black Monday

  1. #8121
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    Quote Originally Posted by Tomtom View Post
    Something I read today that interests me is that Florida is running out of testing capacity and the detection rate is rising rapidly. Wasn't the point of implementing a lockdown to allow states and Federal Government to make sure the testing was in place for the first wave?
    Well, yes. The point of any lock down (logically) is to buy the health care system time whilst bolstering resources for testing and contact tracing. From what I gather NYC has done a fantastic job in this regard. As for other states ... well it's interesting. Here, testing and contact tracing went hand-in-hand from the outset. Granted, the tracing was easier for us given our population size and the number of infected. But the States have equivocated over contact tracing. I could be wrong but I don't believe Texas employ it.

    It's tragic. They half-arsed the lock downs, 100'000+ dead, tens of millions unemployed, wrecked economy and they're comfortably on course right back to where they were in the first place!

  2. #8122
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    Dr. Anthony Fauci says new virus in China has traits of 2009 swine flu and 1918 pandemic flu


    The H1N1 swine flu and 1918 pandemic flu were both considered horrific viruses that spread across the globe

    https://www.cnbc.com/2020/06/30/dr-a...demic-flu.html


    A strain of flu virus spreading in Chinese pigs has shown it can also infect humans, suggesting that another pathogen with pandemic potential waits in the wings behind the coronavirus.

    https://www.bloomberg.com/news/artic...d=premium-asia
    Last edited by bull....; 01-07-2020 at 06:42 AM.
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  3. #8123
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    Quote Originally Posted by Oberon View Post
    Well, yes. The point of any lock down (logically) is to buy the health care system time whilst bolstering resources for testing and contact tracing. From what I gather NYC has done a fantastic job in this regard. As for other states ... well it's interesting. Here, testing and contact tracing went hand-in-hand from the outset. Granted, the tracing was easier for us given our population size and the number of infected. But the States have equivocated over contact tracing. I could be wrong but I don't believe Texas employ it.

    It's tragic. They half-arsed the lock downs, 100'000+ dead, tens of millions unemployed, wrecked economy and they're comfortably on course right back to where they were in the first place!
    The US is no longer an example of anything positive when it comes to fighting a pandemic.

    The mess it is in reflects the fact that the US has had no real central leadership in tackling the pandemic or any national issue since Trump took office in 2016.

    So what they have are individual cities and states like NYC which did the right thing with excellent localised leadership but their successes & gains are squandered by the states which allowed the outbreak to run out of control.

    This is the state of the US today really - a divided and broken nation.
    Last edited by Balance; 01-07-2020 at 07:35 AM.

  4. #8124
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    Quote Originally Posted by greater fool View Post
    What a bunch of hypocrites: Take Two.

    https://www.smh.com.au/politics/fede...29-p557bk.html
    https://www.nzherald.co.nz/nz/news/a...ectid=12344448

    Bunch of hypocrites, Take 3.

  5. #8125
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    Expecting a pump overnight in the US (jobs claims number - good or bad)

  6. #8126
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    3155 - 60 level good resistance if it bounces
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  7. #8127
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    Record jobs gain of 4.8 million in June smashes expectations; unemployment rate falls to 11.1%


    https://www.cnbc.com/2020/07/02/jobs...june-2020.html

    markets roaring lol they never go down at the moment for more than a day , so if the fed keeps money printing for ever now ? dow 100000 by next year? lol is that what 10 trillion more will get you? lol

    ​only nimble shorting , range at the moment 3155 - 2995
    Last edited by bull....; 03-07-2020 at 06:47 AM.
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  8. #8128
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    Quote Originally Posted by bull.... View Post
    Record jobs gain of 4.8 million in June smashes expectations; unemployment rate falls to 11.1%


    https://www.cnbc.com/2020/07/02/jobs...june-2020.html

    markets roaring lol they never go down at the moment for more than a day , so if the fed keeps money printing for ever now ? dow 100000 by next year? lol is that what 10 trillion more will get you? lol

    ​only nimble shorting , range at the moment 3155 - 2995
    All that is going to happen with Money printing is Hyperinflation. That always results from these kind of measures. Sure, the Dow will make it to 100000 but the it will be worthless in real terms.. Just take a look at the Gold price since they started this madness..

  9. #8129
    Legend Balance's Avatar
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    Don't Fight The Fed.

    Simple yet so many here indulged themselves (almost daily) needlessly in doomsday & 'missing out' agony.
    Last edited by Balance; 03-07-2020 at 08:17 AM.

  10. #8130
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    Lol, the rooster crows once more. Do you take everything so personally Balance?

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    Quote Originally Posted by NeverQuestion View Post
    All that is going to happen with Money printing is Hyperinflation. That always results from these kind of measures. Sure, the Dow will make it to 100000 but the it will be worthless in real terms.. Just take a look at the Gold price since they started this madness..
    A billion dollars ago was only 13 hours and 12 minutes, at the rate our government is spending it.....bunch of muppets right across the parliament
    People don't have ideas, ideas have people

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