1. #2801
    Thailand Expat harrybarracuda's Avatar
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    Darwin still at work.

    The COVID-2019 Thread-social_censored-621x381-jpg

    Crowds gathering on the isle’s seafront and outside pubs and cafes appear to be ignoring government advice on social distancing aimed at slowing the spread of coronavirus (Covid-19).
    Despite pub and restaurant closures, the relaxation on planning rules to allow venues to operate a takeaway service has attracted crowds who are not collecting and dispersing.
    As of 9am today (March 21), 72,818 people have been tested in the UK, of which 67,800 were confirmed negative and 5,018 were confirmed positive. A total of 233 patients in the UK who tested positive for coronavirus (COVID-19) have died.
    In Kent 45 people are confirmed as positive for the virus – up 13 yesterday – with a further 11 in Medway.
    Confirmed cases in Thanet include one at Birchington Vale, another in Westgate, and a parent of a Chatham & Clarendon grammar student as well as an uncorfirmed number being treated at QEQM Hospital.
    The UK has not yet reached the peak of the virus, estimated to be some 10 weeks away, and steps to halt the spread include closures of schools, hospitality and leisure venues and the advice for social distancing and social isolation.
    Despite this, and the rising death toll in affected countries such as Italy, the message is not getting through to everyone.
    The scene of people gathered on the seafront was pictured by a shocked isle dentist. They said: “I’m a dentist in a high risk job and people aren’t taking it seriously. I passionately believe people need to take this seriously or we’ll be in a worse state than Italy very soon.”
    Similar scenes in Whitstable have been slammed on twitter by Canterbury City Council

    The social distancing message is not reaching everyone – The Isle Of Thanet News

  2. #2802
    Thailand Expat lom's Avatar
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    Quote Originally Posted by harrybarracuda View Post
    Darwin still at work.
    It's an easy pick, he won't have to spend much time separating the wheat from the chaff.

  3. #2803
    Thailand Expat David48atTD's Avatar
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    Apologies if mentioned elsewhere as this is dated March 17

    ---

    The COVID-2019 Thread-screenshot_2020-03-22-italian-government-takes


    Alitalia being renationalized

    The Italian government has today announced a variety of ways in which they’ll provide aid to businesses, and among those is €600 million of additional funding for Alitalia. With this plan, we’ll see Italy’s Ministry of Economy and Finance form a new state-owned business to run Alitalia.


    Up until recently, the government was seeking a buyer for Alitalia, and of course has been threatening to pull the plug on the airline for a long time. The airline has been struggling for many years, though the situation has been especially dire since Etihad pulled funding.


    Abu Dhabi based Etihad Airways owned a 49% stake in Alitalia, but in mid-2017 they pulled the plug, realizing they’d never be able to turn the airline around (which isn’t surprising, because I don’t think Etihad can even turn Etihad around). 😉


    In reality this is all just business as usual. While the government has been threatening to pull the plug if they couldn’t find investors for Alitalia, it’s clear they were unprepared to do that, given how many bailouts they’ve given to the airline during relatively good times.

    Italian Government Takes Full Control Of Alitalia | One Mile at a Time
    Someone is sitting in the shade today because someone planted a tree a long time ago ...


  4. #2804
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by Cujo View Post
    Anyone now arriving in Beijing from overseas must go to quarantine in a hotel at their own expense. Also they cannot order food from outside. Medical tests are done twice a day in the hotel at the detainees expense. How much I do not know.
    One source:

    "CHINA (PEOPLE'S REP.) - published 19.03.2020

    1. All passengers arriving at PEK will be quarantined at the designated hotels in Beijing for 14 days.

    2. Passengers who live in or have been in Australia, Austria, Belgium, Canada, Czechia, Denmark, Finland, France, Germany, Greece, Iran, Italy, Japan, Korea (Rep.), Malaysia, Netherlands, Norway, Qatar, Saudi Arabia, Spain , Sweden, Switzerland,
    United Kingdom or USA in the past 14 days arriving at Shanghai Pudong (PVG) or Shanghai Hongqiao (SHA) must undergo 14-day quarantine at home or in designated places for medical observation.

    3. Passengers who live in or have been in France, Germany, Iran, Italy, Japan, Korea (Rep.), Spain or USA in the past 14 days arriving at Guangzhou (CAN) or Shenzhen (SZX) must undergo 14-day quarantine at home or in designated places for medical observation.

    4. All passengers arriving at XMN will be quarantined for medical observation at the designated hotels for 14 days
    on their own expenses.

    - This does not apply to passengers under 18 years old, passengers above 70 years old, pregnant women and passengers suffering from illness. They must apply for permission to undergo a 14-day quarantine at home.
    "

    IATA - International Travel Document News


    Last edited by OhOh; 22-03-2020 at 01:42 PM.
    A tray full of GOLD is not worth a moment in time.

  5. #2805
    The Fool on the Hill bowie's Avatar
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    Quote Originally Posted by raycarey View Post
    selling now would be the worst possible decision because when equities markets decide to turn (and they almost certainly will) the move up will be swift and massive....and those who cashed out now will be left with nothing but massive losses.
    Sound advice

  6. #2806
    The Fool on the Hill bowie's Avatar
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    Quote Originally Posted by harrybarracuda View Post
    Darwin still at work.
    Darwins wrong - the creationists are right - the genealogy the produced the fine examples of mankind in the photos would not exist under Darwin's survival of the fittest theory.

  7. #2807
    Thailand Expat

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    Quote Originally Posted by raycarey View Post
    WTF are you on about, shit for brains?

    your response was to this post....





    which was in response to this post...






    do yourself a favor and sober up.
    what a predictable little sweetheart you are. Your country is not very well prepared for this virus. There are massive systemic failures preventing a wealthy first world country from responding properly. Added to which, your current leadership is a media driven troll.
    You are quite happy to berate me personally based on semantics, when you know the truth, but you are afraid to admit it. That red repo you sent was as potent as the US capability to fix a serious and growing threat to the terminally infantile. Your repo and this post prove it QED. Cheers easy. 🤷[at]♂️

  8. #2808
    Thailand Expat

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    Quote Originally Posted by Klondyke View Post
    Don't you think that your previous statement should be applied similarly?


    (Wondering how e.g. GWB would handle it, so "well" as he handled Katrina?)
    Another poster mired in the cult of personality. Thailand is a third world dictatorship. The US is supposedly a first worl democracy, and they are still fucked

  9. #2809
    Thailand Expat raycarey's Avatar
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    Quote Originally Posted by Switch View Post
    Your country is not very well prepared for this virus. There are massive systemic failures preventing a wealthy first world country from responding properly.


    how are things going at the moment in dear ol' blighty?

    still happy that bojo the clown is at the reins?




    Quote Originally Posted by Switch View Post
    You are quite happy to berate me personally based on semantics
    first of all, if i decide to berate you, you'll know it.

    secondly, it's not a matter of semantics.....in presumably what was a drunken stupor, you made an ass of yourself by replying to a post that had nothing to do with what you posted. nothing at all.





    Quote Originally Posted by Switch View Post
    when you know the truth, but you are afraid to admit it.
    wtaf are you on about? you don't think i know that trump is a media driven troll?



    anyway, expecting you to admit your fuck up is a waste of time, but you should do yourself a favor and stop posting while drunk.

  10. #2810
    Thailand Expat David48atTD's Avatar
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    Quote Originally Posted by raycarey View Post
    selling now would be the worst possible decision
    ... and if the Market falls another 10/15% ?


    Quote Originally Posted by raycarey View Post
    the move up will be swift and massive
    Based on? This isn't the GFC.
    Trump might pump up a trillion dollars into the economy ... but this isn't the GFC.

    US is going, most likely into recession, as possibly is some of the World economy.

    So where will this move up come from?

    For reference, the DJI is 19,173.98 points

  11. #2811
    Thailand Expat raycarey's Avatar
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    for some reason you chose not to include this when you quoted my post....

    Quote Originally Posted by raycarey View Post
    not saying you're wrong, but it could be argued.....

  12. #2812
    Thailand Expat raycarey's Avatar
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    Quote Originally Posted by David48atTD View Post
    DJI
    besides being a newbie, is there some reason you repeatedly cite the dow as a reference point?

    it's only 30 companies FFS....and the top 10 make up ~ 50% of the weight.

  13. #2813
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    Quote Originally Posted by raycarey View Post
    not saying you're wrong, but it could be argued that it's already too late, and selling now would be the worst possible decision because when equities markets decide to turn (and they almost certainly will) the move up will be swift and massive....and those who cashed out now will be left with nothing but massive losses.
    I don't think you have yet grasped the scale of this catastrophe. Essentially, taking the UK as an example, GDP will contract in the next week or so by 15% and the economy will be paralysed for months to come with cash losses amounting to £900 billions. This systemic shock to a largely services based economy will ripple for months later with over 10 millions likely to lose their purchasing power to such a degree that domestic consumption will be crippled for at last a year or more until disposable incomes are restored but for many it will be too late since their business/company employers will have gone bust.

    We are potentially looking at a systemic shock rivalling the Great Depression.

    The only stocks worth buying are supermarkets and Pharma.

  14. #2814
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by Seekingasylum View Post
    IThe only stocks worth buying are supermarkets and Pharma.
    Funeral homes? Crematoriums?

  15. #2815
    Thailand Expat David48atTD's Avatar
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    Quote Originally Posted by raycarey View Post
    besides being a newbie, is there some reason you repeatedly cite the dow as a reference point?

    it's only 30 companies FFS....and the top 10 make up ~ 50% of the weight.
    Agreed Ray, no-one knows of the little used DJI - Dow Jones Industrial Index

    Indeed ... not the lead story on the Finance page.

    Opps ... yes it is


    As Dow wipes out over 3 years of stock-market gains, here’s a warning about calling the bottom

    As Dow wipes out over 3 years of stock-market gains, here’s a warning about calling the bottom

    And yes Ray, you're correct, the SnP 500 has been a positive ray of sunshine ... just like your good self

    The COVID-2019 Thread-screenshot_2020-03-22-s-p-500-a


    What does red mean again?

    https://finance.yahoo.com/quote/%5EGSPC?p=^GSPC

  16. #2816
    Thailand Expat raycarey's Avatar
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    Quote Originally Posted by Seekingasylum View Post
    I don't think you have yet grasped the scale of this catastrophe.
    perhaps not.

    i freely admit that i don't know what's going to happen next....or after that.



    Quote Originally Posted by Seekingasylum View Post
    Essentially, taking the UK as an example, GDP will contract in the next week or so by 15%
    some are predicting an even higher number in the US.


    Quote Originally Posted by Seekingasylum View Post
    This systemic shock to a largely services based economy will ripple for months later with over 10 millions likely to lose their purchasing power to such a degree that domestic consumption will be crippled for at last a year or more until disposable incomes are restored but for many it will be too late since their business/company employers will have gone bust.
    it's important to remember that we all have different investing timelines.



    Quote Originally Posted by Seekingasylum View Post
    The only stocks worth buying are supermarkets and Pharma.
    there are others.....time will tell what they are.

  17. #2817
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    Quote Originally Posted by harrybarracuda View Post
    Funeral homes? Crematoriums?
    Well, yes, sort of, but in reality short term profit taking has to be balanced against the fact that your revenue stream has simply come earlier in a surge but will diminish later - your target market has literally died on you, so to speak, and the cycle of replenishment won't be for a while.

  18. #2818
    Thailand Expat HermantheGerman's Avatar
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    Pharma and Supermarket Stocks

    Quote Originally Posted by raycarey View Post
    there are others.....time will tell what they are.
    My guess....Funeral Service Industry.

  19. #2819
    Thailand Expat raycarey's Avatar
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    by no means am i calling a bottom...but some of the posts in this thread are exactly what people say during the capitulation phase.



    and it's also worth mentioning that the markets are not the same as the economy...and in the past, equities have often recovered before the real economy.

  20. #2820
    Thailand Expat David48atTD's Avatar
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    Quote Originally Posted by raycarey View Post
    and it's also worth mentioning that the markets are not the same as the economy...and in the past, equities have often recovered before the real economy.
    +1 Sage advice ... seriously.

  21. #2821
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    Quote Originally Posted by raycarey View Post


    it's important to remember that we all have different investing timelines.

    Annuity pensions will be devastated and for many a distant horizon might as well be a mirage. Not only has COVID got the retired in its crosshairs but it's going to destroy their income streams if they survive.

    For the British, with its absurd Brexit self isolation withdrawing from the previously unfettered EU markets of 500 millions, the COVID catastrophe means an economic armageddon that will decimate companies and businesses for a decade to come.

  22. #2822
    I'm in Jail

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    Sausages, you are like the stats on infection rates, at least 2 weeks behind. You were laughing at the impact on annuities remember, its all a hoot especially if you get two Govt pensions you've neither worked for nor contributed to.

  23. #2823
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    My mockery and disdain for those on annuities was aimed at the ones who voted to Brexit and supported it.

    At every stage over the past four years I have repeatedly stated that Brexit posed a threat to Britain's economic strength and made it more vulnerable to systemic shocks reducing global demand and hastening recessions.

    Let me enjoy my schadenfreude, please, even if you are too dull witted to comprehend just how right have been over these years.

  24. #2824
    Thailand Expat OhOh's Avatar
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    A link to this document, publicly available:

    Handbook of Covid-19 Prevention and Treatment

    Compiled According to Clinical Experience

    https://video-intl.alicdn.com/Handbook%20of%20COVID-19%20Prevention%20and%20Treatment%20%28Standard%29 .pdf?spm=a3c0i.14138300.8102420620.download.6df364 7fDHz1uA&file=Handbook%20of%20COVID-19%20Prevention%20and%20Treatment%20%28Standard%29 .pdf

    Resources Sharing

    "In order to win this inevitable battle and fight against COVID-19, we must work together and share our experience around the world. The First Affiliated Hospital, Zhejiang University School of Medicine has treated 104 patients with confirmed COVID-19 in the past 50 days, and their experts wrote real treatment experience when combating the virus night and day, and quickly published this Handbook of COVID-19 Prevention and Treatment, expecting to share their invaluable practical advice and references with medical staff around the world.

    This handbook compared and analyzed the experience of other experts in China, and provides good reference to key departments such as hospital infection management, nursing, and outpatient clinics. This handbook provides comprehensive guidelines and best practices by China's top experts for coping with COVID-19.

    This handbook focuses on the real-time hotspots of the COVID-19 epidemic. It provides detailed and comprehensive answers to potential questions for diagnosing and treating patients in different types, which are extremely helpful reference for medical workers in other countries currently in the early stages of the outbreak.

    Key contents including:

    Technical strategies for preventing and treatment of the epidemic

    Treatment methods to treat the critically ill

    Efficient clinical decision-making strategies for front-line medical experts"

    Global MediXchange for Combating COVID-19 - Alibaba Cloud

    Useful to us?

    Probably a few with a Health care background, medical staff, medical facility managers only.

    Useful in the knowledge bank. One never knows what the future has in store for us.

  25. #2825
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    Klondyke's Avatar
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    Who to blame?
    Cannot recall who was blamed (the country of origin?) when the world was facing Mad Cow Disease (BSE)?

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