Banter Adelaide Board's Combined Politics/Covid discussion Banter Thread (WARNING NOT FOR THE FAINT-HEARTED)

[Mutineer]

NSW, Victoria ‘unlikely’ to regain AAA rating any time soon

Victoria in particular continues to display “structurally weaker budgetary metrics and a higher debt burden relative to domestic peers”, S&P Global says.

www.afr.com

NSW, Victoria ‘unlikely’ to regain AAA rating any time soon





Australia’s two most locked-down states, NSW and Victoria, are unlikely to regain their much-coveted AAA credit ratings in coming years, according to ratings agency S&P Global.
Victoria in particular continues to display “structurally weaker budgetary metrics and a higher debt burden relative to domestic peers”, S&P said, giving it the weakest rating of the nation’s jurisdictions.

NSW’s debt burden continues to rise, but S&P said it had more room to move within its AA+ rating.
“The NSW and Victoria budgets did not factor in the delta wave in their 2021-2022 budgets. They will therefore be weaker than the forecasts contained in their June-quarter budgets,” S&P said.
Victoria’s strict and prolonged COVID-19 lockdowns over the past five months caused its economy to contract 0.4 per cent last financial year, making it the only state to record a decline in 2020-21.

Victoria’s debt is forecast to triple 2019 levels by 2024, while most other states are expected to double their debts. The only exception is Western Australia, which S&P said would reduce its debt in coming years.

 

[Cap]

It's incredible that we still have people suggesting the vaccines are still experimental.

Is this a bit like people thinking their blinds will fade from day light saving?

 

[BRL121]

It's incredible that we still have people suggesting the vaccines are still experimental.

Is this a bit like people thinking their blinds will fade from day light saving?

Not at all. The fact is that the vaccines still only have provisional approval (for 18 months).

 

[Cap]

Not at all. The fact is that the vaccines still only have provisional approval (for 18 months).

Do you know what that actually means ?

Hint. It doesn't mean they are experimental

 

[Kane McGoodwin]

Do you know what that actually means ?

Hint. It doesn't mean they are experimental

When 3.3B or more than 40% of the world are vaccinated, it's gone well, well beyond experimental phase!

 

[FR0GGY]

When 3.3B or more than 40% of the world are vaccinated, it's gone well, well beyond experimental phase!

Would any other vaccine be that high a world population %?

 

[Cap]

When 3.3B or more than 40% of the world are vaccinated, it's gone well, well beyond experimental phase!

I'm sure they'll find another conspiracy angle at some point.

 

[Kane McGoodwin]

Would any other vaccine be that high a world population %?

Most countries vaccinate their kids...

 

[Cap]

Would any other vaccine be that high a world population %?

Polio I believe is +85%

Measles used to be high until anti vaccine morons undermind the science

 

[StonesThrow]

These threads have always been full of trolls.

 

[Slippery Pete]

Only 1 person that I'm aware of... but not sure the colonel still does.

Who?

 

[jenny61_99]

Not at all. The fact is that the vaccines still only have provisional approval (for 18 months).

“Following a thorough and independent review, the TGA has decided that the following vaccines meet the high safety, efficacy and quality standards required for use in Australia.”

 

[BRL121]

“Following a thorough and independent review, the TGA has decided that the following vaccines meet the high safety, efficacy and quality standards required for use in Australia.”

It's still only a provisional approval. Look, I'm just stating a fact. I'm not trying to push any agenda.
In the USA, only Pfizer has received full approval (23 Aug) for adults. Moderna, Janssen, and Pfizer for 5-12, third doses, and boosters still only have emergency approval.

 

[Slippery Pete]

Polio I believe is +85%

Measles used to be high until anti vaccine morons undermind the science

This is a false equivalency. They are two very different types of viruses and two very different vaccines.

You get measles and recover, you’ve got lifelong protection. The vaccine? Not quite, but pretty good. You really do have a situation here where the bulk of the vaccinated or recovered people are providing protection to the small number who haven’t been vaxxed or haven’t had measles.

Now let’s just put aside for one moment the fact they are completely dismissing natural immunity when it comes to COVID. Which is utterly insane, we already know that natural immunity is superior, and longer lasting. That’s been known forever. It’s not controversial. This is why they’re now saying they want a less severe variant to spread right through the community.

Let’s put aside the fact they don’t even want to know if you’re currently infected before you enter somewhere that has a vaccine mandate.

Let’s also put aside that we know as an absolute matter of fact there have been well over 80,000 reported adverse reactions to the vaccine in Australia so far. So there IS a risk to taking the vaccine, no matter how small.

Let’s put ALL that aside for one second and talk about the specific protection provided from this particular vaccine.

The COVID vaccine protection is personal. Not public. Much like a therapeutic. What we’ve seen as an absolute matter of fact is that protection against infection and spread wanes significantly in a very short period (if it existed at all).

We are also seeing people already on their third injection in less than nine months. In some countries, the fourth injection is already being rolled out. Has COVID been eradicated or even contained, like measles? No. Far from it.

The protection from the vaccine is for you. Nobody else.

This isn’t controversial. We are talking about an endemic seasonal virus like the flu. The vaccine should be talked about in exactly the same terms, because it is exactly the same principle.

This is the part they can’t let the public find out about. Because if they did, it would mean the mandates are at best unnecessary and at worst nefarious.

Spoiler: they are both.

 

[Murray2503]

This is a false equivalency. They are two very different types of viruses and two very different vaccines.

You get measles and recover, you’ve got lifelong protection. The vaccine? Not quite, but pretty good. You really do have a situation here where the bulk of the vaccinated or recovered people are providing protection to the small number who haven’t been vaxxed or haven’t had measles.

Now let’s just put aside for one moment the fact they are completely dismissing natural immunity when it comes to COVID. Which is utterly insane, we already know that natural immunity is superior, and longer lasting. That’s been known forever. It’s not controversial. This is why they’re now saying they want a less severe variant to spread right through the community.

Let’s put aside the fact they don’t even want to know if you’re currently infected before you enter somewhere that has a vaccine mandate.

Let’s also put aside that we know as an absolute matter of fact there have been well over 80,000 reported adverse reactions to the vaccine in Australia so far. So there IS a risk to taking the vaccine, no matter how small.

Let’s put ALL that aside for one second and talk about the specific protection provided from this particular vaccine.

The COVID vaccine protection is personal. Not public. Much like a therapeutic. What we’ve seen as an absolute matter of fact is that protection against infection and spread wanes significantly in a very short period (if it existed at all).

We are also seeing people already on their third injection in less than nine months. In some countries, the fourth injection is already being rolled out. Has COVID been eradicated or even contained, like measles? No. Far from it.

The protection from the vaccine is for you. Nobody else.

This isn’t controversial. We are talking about an endemic seasonal virus like the flu. The vaccine should be talked about in exactly the same terms, because it is exactly the same principle.

This is the part they can’t let the public find out about. Because if they did, it would mean the mandates are at best unnecessary and at worst nefarious.

Spoiler: they are both.

Agree totally and this is why mandating of the vaccine is immoral and illegal. Unfortunately a lot of people in this country have been lied to that these vaccines stop the spread of the virus which couldn't be further from the truth. The vaccines only benefit is to minimise your risk for a short period of time of ending up in hospital but with the risk of potential lifetime damage from the vaccine itself. Therefore talk of vaccinating children and toddlers who have no risk whatsoever from the virus is tantamount to child abuse. The best form of protection is natural immunity as we have always known but the discourse has been to minimise this fact and bully people into vaccination from a company (Pfizer) thst has a history of causing life long damage through their drug trials. I have already had COVID back in late 2019 and while I wouldn't wish it on my worst enemy I would still endure this experience again than ever inject myself with the current mRNA vaccines. The main point is that governments have no right to dictate how each person looks after their own independent health needs.

 

[jenny61_99]

It's still only a provisional approval. Look, I'm just stating a fact. I'm not trying to push any agenda.
In the USA, only Pfizer has received full approval (23 Aug) for adults. Moderna, Janssen, and Pfizer for 5-12, third doses, and boosters still only have emergency approval.

Provisional approval does not mean what you think it means. It is not an experimental drug anymore. Billions of doses world wide will tell you that.

 

[Cap]

This is a false equivalency. They are two very different types of viruses and two very different vaccines.

You get measles and recover, you’ve got lifelong protection. The vaccine? Not quite, but pretty good. You really do have a situation here where the bulk of the vaccinated or recovered people are providing protection to the small number who haven’t been vaxxed or haven’t had measles.

Now let’s just put aside for one moment the fact they are completely dismissing natural immunity when it comes to COVID. Which is utterly insane, we already know that natural immunity is superior, and longer lasting. That’s been known forever. It’s not controversial. This is why they’re now saying they want a less severe variant to spread right through the community.

Let’s put aside the fact they don’t even want to know if you’re currently infected before you enter somewhere that has a vaccine mandate.

Let’s also put aside that we know as an absolute matter of fact there have been well over 80,000 reported adverse reactions to the vaccine in Australia so far. So there IS a risk to taking the vaccine, no matter how small.

Let’s put ALL that aside for one second and talk about the specific protection provided from this particular vaccine.

The COVID vaccine protection is personal. Not public. Much like a therapeutic. What we’ve seen as an absolute matter of fact is that protection against infection and spread wanes significantly in a very short period (if it existed at all).

We are also seeing people already on their third injection in less than nine months. In some countries, the fourth injection is already being rolled out. Has COVID been eradicated or even contained, like measles? No. Far from it.

The protection from the vaccine is for you. Nobody else.

This isn’t controversial. We are talking about an endemic seasonal virus like the flu. The vaccine should be talked about in exactly the same terms, because it is exactly the same principle.

This is the part they can’t let the public find out about. Because if they did, it would mean the mandates are at best unnecessary and at worst nefarious.

Spoiler: they are both.

Well no it wasn't as it was a direct answer to a direct question.

Other than that your post is the same misguided stuff you posted previously.

Vaccines reduce your chance of getting, thereby reducing your chance of passing it. Thereby reducing its transmissibility and helping the community control the disease.

This is scientifically accepted only people peddling mistruths are trying suggest otherwise.

Furthermore only people trying to downplay the severity of COVID are comparing it to influenza, sure it acts in a similar way and it is after all a virus. But it's like comparing a Tuna with a shark because they are both fish that swim in the ocean.

I accept that nothing is going to change your mind here. I just hope your actions IRL are different to your attitudes in this forum so you don't actually catch COVID.

 

[Cap]

It's still only a provisional approval. Look, I'm just stating a fact. I'm not trying to push any agenda.
In the USA, only Pfizer has received full approval (23 Aug) for adults. Moderna, Janssen, and Pfizer for 5-12, third doses, and boosters still only have emergency approval.

You are stating part of the story.

A common tactic used by people trying to peddle misinformation.

 

[ADL9798]

NSW, Victoria ‘unlikely’ to regain AAA rating any time soon

Victoria in particular continues to display “structurally weaker budgetary metrics and a higher debt burden relative to domestic peers”, S&P Global says.

www.afr.com

NSW, Victoria ‘unlikely’ to regain AAA rating any time soon





Australia’s two most locked-down states, NSW and Victoria, are unlikely to regain their much-coveted AAA credit ratings in coming years, according to ratings agency S&P Global.
Victoria in particular continues to display “structurally weaker budgetary metrics and a higher debt burden relative to domestic peers”, S&P said, giving it the weakest rating of the nation’s jurisdictions.

NSW’s debt burden continues to rise, but S&P said it had more room to move within its AA+ rating.
“The NSW and Victoria budgets did not factor in the delta wave in their 2021-2022 budgets. They will therefore be weaker than the forecasts contained in their June-quarter budgets,” S&P said.
Victoria’s strict and prolonged COVID-19 lockdowns over the past five months caused its economy to contract 0.4 per cent last financial year, making it the only state to record a decline in 2020-21.

Victoria’s debt is forecast to triple 2019 levels by 2024, while most other states are expected to double their debts. The only exception is Western Australia, which S&P said would reduce its debt in coming years.

Further evidence of the well established association between effective control of COVID-19 and stronger economic performance. Not a surprise.

 

[Kane McGoodwin]

Who?

Answer is in my original post

 

[Vader]

When 3.3B or more than 40% of the world are vaccinated, it's gone well, well beyond experimental phase!

Given that we don't know the long term effects, or effectiveness, of these vaccines... I don't have a problem with the "experimental" tag.

With 3.3B people vaccinated, it's a very big experiment - but the drugs are still experimental. They just haven't had the time to do the longitudinal studies required for them to be anything other than experimental.

 

[Vader]

Provisional approval does not mean what you think it means. It is not an experimental drug anymore. Billions of doses world wide will tell you that.

No... billions of doses just says that it's a very, very, large scale experiment.

 

[ADL9798]

Further evidence of the well established association between effective control of COVID-19 and stronger economic performance. Not a surprise.

Not sure what's funny about this Mutineer ?

Globally, countries and jursidictions which experienced larger outbreaks in predominantly unvaccinated populations have pretty consistently experienced more significant economic downturn. Sustained, high vaccination coverage will hopefully make this a thing of the past for Australia moving forward.

DEFINE_ME

 

[Slippery Pete]

Globally, countries and jursidictions which experienced larger outbreaks in predominantly unvaccinated populations have pretty consistently experienced more significant economic downturn. Not sure what's funny about this Mutineer ?

DEFINE_ME

Because the economic downturn was caused by the actions of governments, not by the virus.

An example of this just this morning, with the QLD premier saying the fact countries have again closed their borders indicates to her that the new “variant” is far more serious than Delta.

She reaches her moronic conclusion based on what other moronic leaders around the world are doing.

 

[Slippery Pete]

Well no it wasn't as it was a direct answer to a direct question.

Other than that your post is the same misguided stuff you posted previously.

Vaccines reduce your chance of getting, thereby reducing your chance of passing it. Thereby reducing its transmissibility and helping the community control the disease.

This is scientifically accepted only people peddling mistruths are trying suggest otherwise.

Furthermore only people trying to downplay the severity of COVID are comparing it to influenza, sure it acts in a similar way and it is after all a virus. But it's like comparing a Tuna with a shark because they are both fish that swim in the ocean.

I accept that nothing is going to change your mind here. I just hope your actions IRL are different to your attitudes in this forum so you don't actually catch COVID.

It’s not at all. It’s scientifically accepted that it reduces the severity of the symptoms, but it’s also accepted that the efficacy in terms of preventing infection and passing it on wane significantly, in as little as three months.

Vaccinated people are getting and spreading COVID left, right and centre.

Thats not misinformation, it’s fact.