News Coronavirus Thread

[ozzyoslo]

this is the latest graph showing activity in new corona cases being reported........please remember that on the night of the 12th it was announce that schools were closing. Social distancing/ closure of public places appears to stem the curve.

 

[Orange Peanut]

Comrade Coronavirus will kill contemporary financialised neoliberal feudalism.

What will replace it, do you reckon?

 

[Del191229]

What will replace it, do you reckon?

Some form of state managed capitalism with strong socialist tendencies.

Capitalism in the exchange of goods and services for money isn't going away, it is the basic condition of civilisation.

But so are socialist principles of equality of access, anti price gouging, a strong safety net.

By this time next year the Australian government will almost certainly own the banking system, airlines and whole range of other services.

Like it used to lol.

If there's 10-15 per cent unemployment, there'll be huge demand for state funded infrastructure works like building the transmission infrastructure required to decarbonise the economy.

 

[Snake_Baker]

Speaking of political opportunists, where have those idiots Bandt & Hanson-Young been hiding?

Have they immersed themselves in a vat of Dettol and sealed the lid?

...............and Winton? Where's that idiot when there's political points to be manufactured?

 

[SMaturin]

Stupid question time.

I’m not a home owner.

What are ‘negative interest rates’ and what do they mean?

 

[Del191229]

Stupid question time.

I’m not a home owner.

What are ‘negative interest rates’ and what do they mean?

You pay the bank to keep your money in their account.

(Simplified)

 

[Del191229]

Speaking of political opportunists, where have those idiots Bandt & Hanson-Young been hiding?

Have they immersed themselves in a vat of Dettol and sealed the lid?

...............and Winton? Where's that idiot when there's political points to be manufactured?

Oh I see you're in the early stages of your regular late afternoon turn for the worse.

 

[krakouers]

Stupid question time.

I’m not a home owner.

What are ‘negative interest rates’ and what do they mean?

You pay the bank to keep your money in their account.

(Simplified)

Or is it the banks pay my home loan? hmmm

Me likey

 

[Del191229]

Or is it the banks pay my home loan? hmmm

Me likey

Danish bank launches world’s first negative interest rate mortgage

Jyske Bank will effectively pay borrowers 0.5% a year to take out a loan

www.theguardian.com

It happened, but it won't happen here.

 

[Snake_Baker]

Stupid question time.

I’m not a home owner.

What are ‘negative interest rates’ and what do they mean?

You leave money in the bank, you pay interest.

 

[krakouers]

Danish bank launches world’s first negative interest rate mortgage

Jyske Bank will effectively pay borrowers 0.5% a year to take out a loan

www.theguardian.com

It happened, but it won't happen here.

JeanLucGoddard stop killing my dreams man!

 

[Arden]

Cut & paste GR?

The soft **** blocked me.

It’s pretty weak hey

I need to put complete arsehats like you on ignore. Bye.

You are the gold standard example as to why moderators should also be subjected to the ignore function.

Lift your game or go back on ignore with the other clowns.

I have no time for your OT attention whoring.

This is your only warning.

Please, don't waste either of our time attempting to converse any further. You will be ignored.

Quickest flick of the ignore button in history.

Even better use of the ignore button, wozzle.

Now, if you have nothing solid by way of contrary input to add, then take your alt account and jog along before I euthanize it.

Your argument is a ghost. Bye.

 

[Del191229]

JeanLucGoddard stop killing my dreams man!

Maybe when Snake answers your post he'll have a different view lol.

 

[Del191229]

Hello the resident "woke" mafia are here!

 

[Moti]

this is the latest graph showing activity in new corona cases being reported........please remember that on the night of the 12th it was announce that schools were closing. Social distancing/ closure of public places appears to stem the curve.


View attachment 841849

Be surprised if they were that efficient with testing. Like us, they have probably introduced measures in steps to reduce the impact.

 

[Snake_Baker]

It's all about the bubble.

Cashing In: How to Make Negative Interest Rates Work

blogs.imf.org

 

[Groin guru]

Stupid question time.

I’m not a home owner.

What are ‘negative interest rates’ and what do they mean?

that your tinder profile has been swiped left so many times it has gone into the negatives.

 

[muttley45]

Didn't they used to say "buy in gloom, sell in boom", shares seem to be going pretty cheap at the moment, what do any of our financial experts reckon ?

 

[krakouers]

that your tinder profile has been swiped left so many times it has gone into the negatives.

Based on past experiences, I consider that a win...

I was the face of Anti-Twitter for years

 

[Del191229]

Didn't they used to say "buy in gloom, sell in boom", shares seem to be going pretty cheap at the moment, what do any of our financial experts reckon ?

They've got a lot further to fall.

Look to buy in about July when we've got a sense of how bad it is/has been.

 

[year of the roo]

Didn't they used to say "buy in gloom, sell in boom", shares seem to be going pretty cheap at the moment, what do any of our financial experts reckon ?

I reckon it's going to get gloomier. Buy then.

 

[king of the road]

Didn't they used to say "buy in gloom, sell in boom", shares seem to be going pretty cheap at the moment, what do any of our financial experts reckon ?

They also say be careful trying to catch falling knives.

 

[Groin guru]

Didn't they used to say "buy in gloom, sell in boom", shares seem to be going pretty cheap at the moment, what do any of our financial experts reckon ?

Bitcoin and ETH. Dropped 50%

Both got smacked last week.

 

[Del191229]

They also say be careful trying to catch falling knives.

This x 10000000000000

 

[Tas]

Didn't they used to say "buy in gloom, sell in boom", shares seem to be going pretty cheap at the moment, what do any of our financial experts reckon ?

Ask yourself where you think the country and the value of the stock is going to be in 12 months, 3 years, 5 years and beyond. Share market is a long-term investment, if you shut out what are short-term issues and trends currently and try to predict where the nation/world/yourself will be in the future unless you are very old and heading to retirement soon, the opportunity to buy into some stocks at heavily discounted prices is a golden opportunity.

I'd never give people advice on what to do online and everyone's situation is different, but I can't think of a client who didn't aggressively invest in downturns like the GFC that didn't make a killing. However, those people had the means to ride out a fairly long downturn, the GFC wasn't that long of a downturn and I don't think the current one should be, however, nobody has a crystal ball.