The COVID-2019 Thread

[harrybarracuda]

Another 10 years of austerity in the pipeline,just when things were looking up.

Not really, it was all done on credit. Especially in the US.

[NamPikToot]

Yep and interest rates, all that ammo has gone from most Govts so there's not a lot left to deploy.

[Seekingasylum]

Money has been way too cheap for over a decade so it'll be interesting to see how the forthcoming explosion in increased leverage will pan out - whole industries will be shutting down, reduced work rates will extend or result in wholesale layoffs, domestic consumerism across whole platforms will collapse, incomes across the spectrum will contract and all this will happen in such a narrow time frame of weeks. Credit of course is the answer to short term difficulty but in Britain up to 20 million have savings of less than £500 or none at all. Covid-19 will have the same impact as global war.

I had to laugh though when I read that for the Brits the Boris Bounce is over - did they really think that the landslide election of a Clown was a solution to the worst socio-economic decision in modern history??

The cancellation of international travel is now imminent as a global measure.

It is when urban quarantines become the norm will be the real showstopper.

The equity markets will either have to be suspended globally or face destruction.

Personally, I am actually looking forward to its economic collapse - all those tossers crowing over their fat dividends will be squealing like stuck pigs now.

Cash is king when disasters strike and of course it does help if one is in receipt of government pensions and not those dependent on the performance of stock markets etc.

BoJo is now telling people who have merely a sniffle to stay at home. Honestly, that man will do anything to avoid facing the Commons.

Har, har.

To think, all the bluster of right wing Tory politics undone by a flu virus and Britain's membership of the EU is to be extended thereby.

Every cloud as they say.

I'm a bit concerned about the Thai immigration offices closing down. Will our existing extensions be extended automatically??

[NamPikToot]

^ Oh thank goodness

Its great that you find a silver lining in others misery in
these times, true to your desk bound never gave anything back roots.

[Cujo]

Uh oh, He was just saying he wasn't concerned. I wonder if he is now.

Two Republican congressmen who were in close contact with Donald Trump in recent days have self-quarantined over concerns that they were also in contact in the same period with a known carrier of the coronavirus.

Republicans Matt Gaetz of Florida and Doug Collins of Georgia announced on Monday that they had begun two weeks of self-imposed isolation, as recommended by the federal Centers for Disease Control and Prevention (CDC) for anyone who has come into contact with the virus. Both congressmen said they were asymptomatic.


Gaetz flew with Trump on Air Force One from Orlando to Washington on Monday and was informed en route that he had come into contact with a virus carrier at the Conservative Political Action Conference (CPAC) in Maryland last month.

Coronavirus: quarantined congressman flew with Trump on Air Force One | US news | The Guardian

[HermantheGerman]

Don't worry , the Brits will pull the rest of the world out of the shit again...

That's what I love about you Brits, you don't loose your sense of humour.

Reminds me of your distant cousin from Australia who posted something similar.

[HermantheGerman]

its a buyers market right now, sit tight for a few months and then reap the rewards.

My advise: "Don't listen to him!"

[jabir]

This too will pass.

[David48atTD]

Beijing objects to term ‘Wuhan coronavirus,’ and says it may not have originated in China

Key Points

• China’s foreign ministry objected on Monday to the term “Wuhan coronavirus.”
• The ministry has claimed that even though the epidemic was first reported in China, it didn’t necessarily originate there.
• As the growth in the number of infected cases appear to slow in China, Beijing has begun giving test kits to countries such as Pakistan, Iran and Japan.

China objects to term '''Wuhan coronavirus''' used by Mike Pompeo

[Mandaloopy]

Work sent an email that it is strongly advised for foreigners to stay indoors due to nationalist gangs making threats online. I am erring on the side of optimism and thinking that this is just keyboard warrior talk.

[harrybarracuda]

Beijing objects to term ‘Wuhan coronavirus,’ and says it may not have originated in China

Key Points

• China’s foreign ministry objected on Monday to the term “Wuhan coronavirus.”
• The ministry has claimed that even though the epidemic was first reported in China, it didn’t necessarily originate there.
• As the growth in the number of infected cases appear to slow in China, Beijing has begun giving test kits to countries such as Pakistan, Iran and Japan.

China objects to term '''Wuhan coronavirus''' used by Mike Pompeo

Yes, it's outrageous calling it the Wuhan Coronavirus.

The proper name should be the Wuhan Institute of Virology Whoops We Opened The Wrong Bottle Coronavirus.

[Bettyboo]

Work sent an email that it is strongly advised for foreigners to stay indoors due to nationalist gangs making threats online. I am erring on the side of optimism and thinking that this is just keyboard warrior talk.

Stay inside for a while, best not to upset the Mongol Hordes...



Mongolia locks down cities after reporting first coronavirus case, East Asia News & Top Stories - The Straits Times

[HermantheGerman]

Beijing objects to term ‘Wuhan coronavirus,’ and says it may not have originated in China

I thought everything is made in China

[Luigi]

Thatcher would have sorted it out. 3 day working weeks, no summer holidays, and close all industries north of Peterborough.


Who's gonna be first to have their working-life and income rogered?

[Bettyboo]

Who's gonna be first to have their working-life and income rogered?

-17 years for me, when I first met Mrs BB...

[HermantheGerman]

Asshole of the Week !

Is the Italian politician Nicola Zingaretti who is the first leading Italian politician to test positive for the virus!

Two week ago he said this:

>On February 27 he posted a photo while he was toasting during an aperitif against fear, after accepting the appeal launched by Beppe Sala to support the city of Milan: "Let's not lose our habits, we can't stop Milan and the Italy. Our economy is stronger than fear: we go out to drink an aperitif, a coffee or to eat a pizza. We must not destroy life or spread panic. Courage, we react and together we will do it! ".<

Aperitivo, incontri e interviste: le ultime tappe di Zingaretti - IlGiornale.it


Does that sound like somebody you might know ?

[Chittychangchang]

Hand sanitizer, bog roll, paracetamol and vodka all sold out in the local supermarket last night.
Good job I got in first with my super shop last week.

[harrybarracuda]

CDC advice:

Social distancing means remaining out of congregate settings, avoiding mass gatherings, and maintaining distance (approximately 6 feet or 2 meters) from others when possible.

Interim US Guidance for Risk Assessment and Public Health Management of Persons with Potential Coronavirus Disease 2019 (COVID-19) Exposures: Geographic Risk and Contacts of Laboratory-confirmed Cases

And along come the chinkies to fuck it up.

Coronavirus can travel twice as far as official ‘safe distance’ and stay in air for 30 minutes, Chinese study finds

Authorities advise people to stay 1-2 metres apart, but researchers found that a bus passenger infected fellow travellers sitting 4.5 metres away

Coronavirus can travel twice as far as official ‘safe distance’ and stay in air for 30 minutes, Chinese study finds | South China Morning Post

[sabang]

Ferk, I'm more bothered about the drop in my shares.

[harrybarracuda]

Work sent an email that it is strongly advised for foreigners to stay indoors due to nationalist gangs making threats online. I am erring on the side of optimism and thinking that this is just keyboard warrior talk.

Fucking cheese eating surrender monkeys again.

Just make sure you don't wear a beret, a stripey T-shirt and a necklace of onions, and avoid mincing around like Buttplug would and you'll be fine.

Mongolia confirms its first coronavirus case in French worker - Reuters

[harrybarracuda]

I foresee riots in India...

3 more test positive for Covid 19 in Karnataka, govt wants IPL postponed

The Karnataka government said it will seek the postponement of the Indian Premier League (IPL) because of the threat of coronavirus.

3 more test positive for Covid 19 in Karnataka, govt wants IPL postponed - india news - Hindustan Times

[HermantheGerman]

Ferk, I'm more bothered about the drop in my shares.

01.02.2020

Sold almost all my stock on Monday.
The market was overheating anyway and Tesla was/is way out of bound.
Let's wait for it to take a real dip and the jump in.
This virus might be good for something after all.

I think too late, might have to ride it out. But THIS TIME I'm not so sure.

Good Luck !

[David48atTD]

I foresee riots in India...

My sister is returning tomorrow after 10 days in India.

I hope she has kept good hygiene habits.


TBH, I'm surprised that India's reported cases are so low.

Less testing, less honesty ... who knows?

[Mandaloopy]

On the anti-virals

[David48atTD]

Sold almost all my stock on Monday.
The market was overheating anyway and Tesla was/is way out of bound.
Let's wait for it to take a real dip and the jump in.
This virus might be good for something after all.

25-02-20

I went all cash with my Superannuation/401k/pension on Friday, but it takes a couple of days to filter through, so I'm picking up some of the pain of the recent drops. I wish I'd gone on Wednesday and not Friday ... Hindsight is a wonderfull thing.

Have had a good run though ... up about 8.5% thus year ... but safety first now.

Sold all my shares/stocks a few days later.

I will dive back in ... but not just yet.

Waiting to see the floor under the market ... maybe in about 2-3 weeks time?