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  1. #2551
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    Quote Originally Posted by Shrewd Crude View Post
    ...
    .. it only takes one person to spread it so how come other main cities in China are not infected?
    Corona is spreading very very fast it's nearly everywhere....
    It's more and more and more looking like a biological weapon...
    ...

    .^sc
    I don't understand your post.

    1. Hubei is worst affected but it spread throughout China
    2. Who created and unleashed the weapon?
    3. Who was their target?
    4. What was their goal?

  2. #2552
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    Here are the numbers for greater China from yesterday...
    Screenshot_20200327-080541_Samsung Internet.jpg
    ....
    From my research I will answer the rest later on...

    .^sc
    >>>http://www.coinmarketcap.com
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  3. #2553
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    Quote Originally Posted by Shrewd Crude View Post
    Here are the numbers for greater China from yesterday...
    Screenshot_20200327-080541_Samsung Internet.jpg
    ....
    From my research I will answer the rest later on...

    .^sc
    You are right in that the China numbers are very fishy and something looks very odd.

  4. #2554
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    Economy is just going to crater for the next couple of months. I reckon June will be when we start to see some proper carnage and long term impacts.
    Cant believe the recent rises in share prices...... going to be shortlived I think.

  5. #2555
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    An indication of where things might be headed, Blocky has family in Brisbane, $200k salary reduced by 20% yesterday for forseeable future and an email from home to say his rented house in Queenstown needs to drop from $900pw to $420 or tenants will need to move out.

    It isn't hard to figure which direction house prices will go based on this.

  6. #2556
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    Quote Originally Posted by Leemsip View Post
    Economy is just going to crater for the next couple of months. I reckon June will be when we start to see some proper carnage and long term impacts.
    Cant believe the recent rises in share prices...... going to be shortlived I think.
    Stockmarket 101 - the market prices risk & reward ahead, not backwards.

  7. #2557
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    UK data, but Imperial model authors starting to backpedal substantially in their assessment of how many deaths:

    https://www.newscientist.com/article...pert-predicts/

    From 500k, to 20k, and now ~6k: https://twitter.com/thejeremyvine/st...281972225?s=21

    Interesting to see Neil Ferguson make it clear that a protracted lockdown is impractical, and economic consequences would be too substantial to maintain.

    This aligns with other reports starting to come out that Covid-19 spread earlier and further than initially believed. After all, if one of the biggest clinics here in Chch can only get 10 tests a day how on earth are we expected to believe the figures reported here?

    https://www.stuff.co.nz/national/hea...st-for-covid19

    Why is the government not rolling out far more widespread testing? Maybe Ratkin's argument that the government secretly wants "herd immunity by stealth" is true (as more evidence points to this being wider spread than we thought, and far lower fatality rate).

    If spread has been wider and fatality rate lower, there's going to be a heck of a lot of "massaging" to convince us all that the destruction of economic and social life was somehow worth it. I imagine government spin experts are working overdrive (much like the reserve bank printing presses!)
    Last edited by samjaynz; 27-03-2020 at 11:05 AM.

  8. #2558
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    America now has more recorded confirmed cases than Italy or China.

  9. #2559
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    Quote Originally Posted by samjaynz View Post
    UK data, but Imperial model authors starting to backpedal substantially in their assessment of how many deaths:

    https://www.newscientist.com/article...pert-predicts/

    From 500k, to 20k, and now ~6k: https://twitter.com/thejeremyvine/st...281972225?s=21

    Interesting to see Neil Ferguson make it clear that a protracted lockdown is impractical, and economic consequences would be too substantial to maintain.

    This aligns with other reports starting to come out that Covid-19 spread earlier and further than initially believed. After all, if one of the biggest clinics here in Chch can only get 10 tests a day how on earth are we expected to believe the figures reported here?

    https://www.stuff.co.nz/national/hea...st-for-covid19

    Why is the government not rolling out far more widespread testing? Maybe Ratkin's argument that the government secretly wants "herd immunity by stealth" is true (as more evidence points to this being wider spread than we thought, and far lower fatality rate).

    If spread has been wider and fatality rate lower, there's going to be a heck of a lot of "massaging" to convince us all that the destruction of economic and social life was somehow worth it. I imagine government spin experts are working overdrive (much like the reserve bank printing presses!)

    The world and Mother Earth desperately needed a reset - maybe the virus is a timely reminder that nature has a way of evening out the excesses out there.

    As you wrote - it is what it is.

    The printing presses are up and running, working 14/7.

    There's an inevitability as to what happens next when that tsunami of money created out of thin air hits financial markets and global economies!

  10. #2560
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    Quote Originally Posted by blockhead View Post
    An indication of where things might be headed, Blocky has family in Brisbane, $200k salary reduced by 20% yesterday for forseeable future and an email from home to say his rented house in Queenstown needs to drop from $900pw to $420 or tenants will need to move out.

    It isn't hard to figure which direction house prices will go based on this.
    And how this will affect the Banks>> Bail in's ? bail outs thanks to NZ Tax-payers .... major Tax increases in time to pay for it ..
    People don't have ideas, ideas have people

  11. #2561
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    Quote Originally Posted by samjaynz View Post
    If spread has been wider and fatality rate lower, there's going to be a heck of a lot of "massaging" to convince us all that the destruction of economic and social life was somehow worth it. I imagine government spin experts are working overdrive (much like the reserve bank printing presses!)
    If the human life impact is low it could be argued (and will be) that the lock down etc and economic consequence was not required.
    It could also be argued that the lock down etc worked.

    Same thing happened with the Y2K issue, no impact so what was done wasn't needed - or was successful.

  12. #2562
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    Quote Originally Posted by dobby41 View Post
    If the human life impact is low it could be argued (and will be) that the lock down etc and economic consequence was not required.
    It could also be argued that the lock down etc worked.

    Same thing happened with the Y2K issue, no impact so what was done wasn't needed - or was successful.
    Yeah but dobby,
    We have seen what happens like in Italy and Spain and around what happens when you do nothing and pretend that everything is just fine where that will get us... other countries who were at early stages like we were did nothing and now they are in a far worse off situation because everyone is sick now...

    Things are not gona be productive in a country like Italy or Spain now even if it weren't a lockdown anyway......

    It's not what corona is doing to NZ now it's what Corona COULD do to us...think about itttttt buddy ...

    .^sc
    >>>http://www.coinmarketcap.com
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    The fastest growing asset class the world has ever seen

  13. #2563
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    Quote Originally Posted by samjaynz View Post
    UK data, but Imperial model authors starting to backpedal substantially in their assessment of how many deaths:

    https://www.newscientist.com/article...pert-predicts/

    From 500k, to 20k, and now ~6k: https://twitter.com/thejeremyvine/st...281972225?s=21

    Interesting to see Neil Ferguson make it clear that a protracted lockdown is impractical, and economic consequences would be too substantial to maintain.

    This aligns with other reports starting to come out that Covid-19 spread earlier and further than initially believed. After all, if one of the biggest clinics here in Chch can only get 10 tests a day how on earth are we expected to believe the figures reported here?

    https://www.stuff.co.nz/national/hea...st-for-covid19

    Why is the government not rolling out far more widespread testing? Maybe Ratkin's argument that the government secretly wants "herd immunity by stealth" is true (as more evidence points to this being wider spread than we thought, and far lower fatality rate).

    If spread has been wider and fatality rate lower, there's going to be a heck of a lot of "massaging" to convince us all that the destruction of economic and social life was somehow worth it. I imagine government spin experts are working overdrive (much like the reserve bank printing presses!)
    Why is there not more testing for Corona?
    Good question.
    Because its not a cattle disease?
    Complete test & retest has been done recently for M Bovis
    Much more thorough and faster results?even though likely still not thorough enough
    https://www.mpi.govt.nz/protection-a...esting-regime/

  14. #2564
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    Quote Originally Posted by kiora View Post
    Why is there not more testing for Corona?
    Good question.
    Because its not a cattle disease?
    Complete test & retest has been done recently for M Bovis
    Much more thorough and faster results?even though likely still not thorough enough
    https://www.mpi.govt.nz/protection-a...esting-regime/
    You are right about that, they soon stop cattle from moving anywhere, yet people from overseas, give them a camper van and let them loose.

  15. #2565
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    Those Chinese tests are rubbish too so that may have exacerbated problems in Europe:

    https://www.scmp.com/news/china/soci...irus-test-kits

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