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  1. #161
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    Quote Originally Posted by Aaron View Post
    a 2% loss of customers plus a likely reduction in people going out anyway.

    Sorry I might be getting off topic.
    Those figures are so not correct. It's 2% of confirmed cases. But not 2% of population. Diamond Princess, 3770 people on board, 10 deaths. 0.265% death rate there. That is a population rate.
    But as Peat said, not the correct thread.

  2. #162
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    Quote Originally Posted by blackcap View Post
    Those figures are so not correct. It's 2% of confirmed cases. But not 2% of population. Diamond Princess, 3770 people on board, 10 deaths. 0.265% death rate there. That is a population rate.
    But as Peat said, not the correct thread.
    Sorry can't help myself.
    Thanks for calling out my fake news with the 2%. Although your analysis seems overly simplistic as I don't think everyone on board caught the virus but thanks for the optimistic outlook.

    As of February 20, tests of most of the 3,711 people aboard the Diamond Princess confirmed that 634, or 17 percent, had the virus; 328 of them did not have symptoms at the time of diagnosis. Of those with symptoms, the fatality ratio was 1.9 percent, Russell and colleagues calculate. Of all infected, that ratio was 0.91 percent. Those 70 and older were most vulnerable, with an overall fatality ratio of about 7.3 percent.

    Extrapolating those numbers to China, the team estimates that 1.1 percent of symptomatic cases there turned deadly. Considering asymptomatic cases drops that ratio to about 0.5 percent in China, the team calculates.


    The Diamond Princess seems like a good way to judge how deadly the virus is as they tested everyone. If the above is not also fake news then 2% is only for those who become symptomatic. Including asymptomatic people this drops to 1% so half I what I said. and even at .5% in China not quite double what you are suggesting.
    I stand corrected but you might want to get your facts straight as well.

  3. #163
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    Reading the last post I can see why macduffy is shepherding me around to a relevant thread.

    Adrian Orr and low interest rates and easy money is really getting some headlines lately.

    https://www.nzherald.co.nz/business/...DJ7NCDFPGUMYA/

    I would have voted Social Credit if I thought it was a good idea. I guess the reserve bank buying the govt bonds off the banks provides some income for the trading banks while interest rates are so low.

    Adrian Orr has his hands tied as he has suggested. The govt is the only one who can provide real change. Reduce the Reserve Banks inflation target to zero%.

    I am also confused Adrian Orr says the interest rate suppression is to ensure full employment yet in the news I hear that we import workers for the fishing industry, harvesting and farming. Also I heard a plan to train inmates to drive as we have a driver shortage. Someone is bullshi**ing. Is it Adrian or business leaders, or is Adrian seeing something worse coming down the road.

    Economists predictions earlier this year of a 10% fall in house prices don't appear to have been that prescient either.

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