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CityLAD88888

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About CityLAD88888

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  1. Wondering at what point (if at all) they go for lockdown 2.0? I can't see closing pubs an hour or two early making a world of difference. What's the tipping point? Hospitalisations? (let's be honest it's always been about not letting the NHS be seen to be buckling). On the one hand, Johnson, spooked from last time, knows he reacted late and can't make the same blunder twice, plus his brush with it no doubt galvanised him, and this second spike has all the hallmarks of last time. On the other, even the WHO are advising against full lockdowns (I believe, weren't they?) now that we've s
  2. I work for a French company, their kids go back earlier, anecdotally I was on a call a week or so ago with the Paris office who were all saying "well you might have a low case number now but watch out, when our schools opened that's when it skyrocketed again". Makes you wonder about all the social distancing measures too doesn't it, not just in schools pubs shops restaurants etc. I guess the point is that people don't follow them properly (else it should in theory work) but for all the plexiglass, 2m signs, contactless pint ordering, staff wearing visors etc. at huge cost, I'd be interes
  3. uh huh, and guess which country that means the WHO want to obsessively court, flatter and pitch to in order to hedge and diversify their funding base, that's right, the good old "People's Republic" of China. Every good company knows having too much of your revenue attributed to one big client is a huge risk ...
  4. haha. Don't get me wrong it's a good/useful link and I actually use it now time to time to check how countries are doing thanks to you just funny how you post it every other post or so.
  5. I'm impressed mate ... you've managed to go a whole 2 or 3 posts now without posting that bloody beat coronavirus link as though it were a tablet and you were Moses coming down from Mount Sinai 😛
  6. The numbers recently have been interesting and I'd be interested to hear people's thoughts. Cases seem to be going up (whether that's related to opening up or increased testing is an open debate, I fear it could be the former from the timing), but deaths are down(/intensive care survival up), and hospital admissions are down. Deaths/Intensive care survival I guess can be explained by a combination of: the fact that the NHS is now less overwhelmed, is more experienced in dealing with/treating the virus, has more treatments available etc. Admissions to hospital in the first place bein
  7. @The Preacherman has a point though doesn't he, maybe 'the squeaky wheels get the grease' and it's not a majority of folk but I'm hearing a lot of sanctimonious moaning and whinging at the government, yet when part of the answer involves stepping up and taking a bit of responsibility one's self ... different story. Not sure there's much logical about it all tbh, just ignorance and laziness.
  8. Interesting point on the dependency ratio, I didn't know that to be honest but sounds positive. I guess the issue with the first point (I've always thought) is the demand side though no? Like, productivity or not pensioners, older folk, have houses, they have cars etc. etc. they tend not to create as much demand and hence inflation and growth as younger people?
  9. Demographics, looming pension crises, one of the biggest economic risks in the Western world. The great Covid accelerator has heightened the urgency, expect to see even more of this going forward. This is the big fat bullet that governments are going to have to bite in the coming years, wealth distribution across generations massively shifted post-war however public policy hasn't at all kept pace, stuck in the age of poor vulnerable pensioners (plenty of those exist mind, don't get me wrong). With birth rates declining on top of that everyone is simply going to have to get used to pa
  10. Well planned, you could have made a killing (you're clearly a less cynical person than me ) but before Jan as I was saying it was massively black swan in economic terms. If the treasury would have pitched the idea of a fund/money aside to the tune of half the NHS annual budget in 2019 for a pandemic that "might one day happen maybe" rather than public infrastructure etc. you can imagine the reception they'd have got. Humans are incredibly short sighted sadly, for example: we should also be setting money aside to deal with asteroid impacts, super volcanos, the list goes on. There are
  11. Before January? Massive black swan surely. Yeah they had that "operation cygnus" or whatever didn't they? Agree totally it's pretty disappointing to say the least we'd had a 'DR test' and seemingly didn't learn from that on the social health response side. haha totally same, that was kind of my point I was no better/didn't see it as that'd have been the first thing I'd have done. My investments got hammered (we'll 10% down at the bottom now about 4% down from peak) if it's any consolation. Yeah same I used to just have to buy and hold when I worked in the City, bloody compliance ?
  12. 1) Irrelevant to this thread anyways, but 2) Yes, I do, and if you didn't have an agenda you would too: it's called British politics sadly, other countries and politicians don't work like our clowns, clearly as you point out. It was complete failure yes, and would've been complete failure all round with any of our lot. Plan what years preceding exactly? This was a black swan event, if there was planning to be done before then why the hell didn't you take any money you had out of your bank, pension, hell borrow even, and short the hell out of the S&P when it dropped ~33%? ... Exactly,
  13. Nothing to do with this thread tbh, sure he fumbled the response massively then panicked when the public told him we need a lockdown, one of the most startling things about this crisis is how the govt has been led by the people and not t'other way round as one might expect in a crisis. That being said, any other mainstream political party leader in our punch and judy popularity contest democracy would have done the same and you know it, they're all popularity monkeys, salesmen. As a reminder, this thread is about the watchdog report on how there was a failure to plan for the economic side
  14. The Tory govt hands aren't clean, of course. Though they're all reactionary populists, British politics has been a popularity contest with barely a separation between the main parties for at least 20 odd years now. Go watch question time, you only have to look that far to see that people will always find a way to whinge that everything is the government's fault.
  15. The same absolute prats that were busy slating the govt instead of suggesting any plan/road-map for the post lockdown economy themselves, or, you know, actually asking this question back then (as some of us were) along side what needed to be done to combat the virus. The same prats who were whinging that we should lockdown ad infinitum, and that "this really isn't about the economy right now". THEY WANTED THIS. They got their way, despite warnings, and locking down worked don't get me wrong, it was necessary, but frankly the ball is in their court now, the government listened to their pri
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