Black Monday

[kiora]

Compared in hindsight - so easy to say what we should have done.
Around the world there have been many approaches and many outcomes.
There have been quite dis-similar outcomes for similar approachesdue to many factors so I can't be assumed that if you did x you get y because another country got that.

Also, it isn't over yet. We are yet to get to the end so we don't know if there is another peak in many countries (ours included) or what the ultimate economic outcome will be.
The shows not over until the fat lady sings.

The fat lady had better sing very loudly to kill the other 6 Corona virus strains in the bat cave waiting to jump on another unsuspecting human host.
The world dealt with Ebola & SARS pretty well.
Zoonoses we always have and always will be with us.
It is how we deal with them that is important
Hope we don't get caught like Cr David Benson-Pope

https://www.odt.co.nz/news/dunedin/d...ght-pants-down

[bull....]

Billionaire Sam Zell, who earned his nickname 'the Grave Dancer' buying up troubled real estate in the 1970s, said the coronavirus pandemic will leave the same kind of impact on the economy and society as the Great Depression 80 years ago, with long-lasting changes in human behaviour that imperil many business models.

https://www.smh.com.au/business/mark...06-p54q8a.html

[bull....]

we had some pre lim employment figures last night ahead of the big one on sat morning nz time

ADP says 20.2 million private-sector jobs lost in April amid coronavirus crisis

https://www.marketwatch.com/story/ad...mic-2020-05-06

[Balance]

I gather that those decrying Labour would rather have had National in place and kept all businesses open.

No lockdown:
Sweden death rate of 27.2 per 100,000 people (and still rising as of today)

Late lockdown:
Italy 45 per 100,000
Spain 51 per 100,000

USA: 21 and still climbing, lock-unlock-partial lock- free america and lets party, the virus is just a conspiracy...

Lockdown applied:
Denmark 8.5 per 100,000
Finland 4.35 per 100,000
Norway 4.03 per 100,000
Czech republic 2 per 100,000

Lockdown applied: geographic location and global news a benefit to the country
NZ 0.4 per 100,000

So if National was in power and would have been happy to keep businesses open like USA, Sweden, it says a lot about them and the people who would support that attitude.

Frankly, rather disappointed that you, arc, did not complete the comparison when requested to disclose the full picture of how NZ is doing - since you have the data set.

We are doing well but not as well as we are led to believe.

For completeness, I have done it and it shows (per 100,000):

Deaths
Taiwan 0.03
Hong Kong 0.05
Australia 0.39
New Zealand 0.43
Japan 0.45
South Korea 0.50

Infected:
Taiwan 1.8
Hong Kong 13.9
Australia 27.2
New Zealand 30.5
Japan 12.3
South Korea 21.1

And we know that Taiwan, Hong Kong and Australia have not had to close down the economies to the extent that NZ has, to achieve BETTER results than NZ.

And it has nothing to do with whether it's National or Labour who is in power - it's about doing better than we have done.

What can we learn from them and do even better than we have.

Lets' raise our sight higher, shall we - rather than be forever comparing ourselves with the worse rather than the best.

[RTM]

Good on you you're a rare breed. I have read that 95 % of traders fail and like picking horses only talk about the winners.

Sometimes i think we should have a traders thread so some folks dont get their investing wires crossed and vice versa. Shall we start one, any interest or a fizzer?

A completely separate website and please don’t tell me it’s name might work !

[Joshuatree]

There are plenty of traders on here being shareTRADER but also plenty of Investors. Same on Hot Copper where they have short term trading and day traders thread for traders.

[Balance]

There are plenty of traders on here being shareTRADER but also plenty of Investors. Same on Hot Copper where they have short term trading and day traders thread for traders.

It's all a matter of disclosure - great to have traders who provide liquidity and great to have investors who provide long term stability and sustainable performances on the market.

The ones who ramp up and down are obviously traders or market manipulators and it is up to posters and investors to know who they are - and treat their postings accordingly.

Garbage IN, Garbage OUT.

[Balance]

I love looking at data as much as anyone, but I maintain that comparison between ANY of these countries is flawed unless you have a good understanding of ALL of the factors at play.

NZ came into this thing with several key advantages that other countries did not, but in contrast, we were also majorly disadvantaged in many respects too.

Also, then end games across countries is often drastically different.

Again, nice to seem these kinds of data, but Im not really sure it tells us anything about NZs performance than we already know - not yet anyway.

Data and statistics are to be used as a starting point for intelligent discussions.

Otherwise, there is no starting point.

What we know is that NZ's numbers have been used to corral NZers into accepting that whatever the government has done to date is fully justified - at whatever economic costs. And that is simply NOT true.

[Jay]

I think locking down the borders fully earlier would have been a better outcome and not the so called self isolating (putting all incoming into a 'managed' facility, whether that be hotels/motels etc) a lot more business could have stayed open

[bull....]

Finance Minister Grant Robertson's warning: Get ready for deficits for 'extended period'; debt at all-time high

https://www.nzherald.co.nz/nz/news/a...ectid=12330212


code for we are going to tax the hell out of you as soon as we can