
Phil1111
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Everything posted by Phil1111
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Nobody's hostile. I was just thinking you'd have names and numbers of business "facilitators". "Tony's" number?
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It will last until a tested vaccine is announced and a full washout of over-indebted companies is complete. Many corporations will not survive the reduced cash flows that C-19 is producing. As they have debt to service. Practically speaking, people will not start spending again until the vaccine is administered to them directly and they know their elderly significant others are safe.Beyond that people will want their savings, retirement funds, etc. at safe levels. So that will be a further drag on personal spending.
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Ohio health official estimates 100,000 people in state have coronavirus
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Tell us, inquiring minds want to know?
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Clearly you did not read either story. Try this one from 11 days ago from the South China Morning Post. Dangers lurk for China’s ban on the wild animal trade If you think the Chinese Peoples Party is going to ban a industry thats worth $74 billion a year. That reclassifies wild animals as domestic as soon as they are put in a cage and allowed to reproduce. You don't know China." In fact they have criminalized the wildlife trade for consumption". Wow, reread the story posted above. When party officials are consuming and personally profiting from those same now "domestic" animals. "Criminal" is out the door. Pandemics were anticipated from China in the 1990's because of these markets. China won't learn because there are too many domestic political and cultural factors at play. Plus $74 billion other reasons, every year.
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Nope Is China Ground Zero for a Future Pandemic? Smithsonian magazine November 2017 Everyone should read this story. China has made eating wild animals illegal after the coronavirus outbreak. But ending the trade won't be easy " She said she doubted the ban would be effective in the long run. "The trade might lay low for a few months ... but after a while, probably in a few months, people would very possibly come back again," she said "
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Well C-19 doesn't discriminate. If you have a student coming to the US this fall to study for a year from Italy. Or a US citizen coming back from vacation in Italy. Either could be a C-19 carrier. Both should be treated with equal suspicion and be treated the same. Ideally both tested, then retested a week later. In the absence of that both self quarantine. C-19 is going to be around for a while and protocols should be established to keep the virus from entering any given geographic area. Once Italy is finished its current nationwide, 60 million person, lockdown. It should be the safest country from C-19. But not every last carrier would be clear. Then new entrants to the country can start another round of infections. Same for the US.
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Self quarantine doesn't put strain on the health system. It merely means you separate yourself from everybody else. i.e. lock yourself into your own home. Some people have to travel for employment. Some have family elsewhere. There are 100's of 000s of Americans overseas. With the new EU travel ban many are pouring back home(according to NBC). Even though the revised trump guidelines state the travel ban doesn't apply to US nationals. So US nationals can travel from Italy to the US W/O testing or self quarantine. But EU nationals(excepting UK) cannot. Yet currently there is no testing of anyone arriving anyway. Makes perfect sense.
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Imitation is the best form of flattery. Every major auto maker is targeting this major segment of the market. Don't underestimate GM. They have adapted to the changes in consumer demand longer than Musk has been alive. They have 000's of well qualified engineers. No they won't hit it out of the park. But at least they recognize that high margin trucks won't last forever.
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Two weeks quarantine for travelers is peanuts compared to entire cities, entire countries, schools closing, factories closing. MLB, NBA just suspended their entire seasons. Thats how long this mess is going to drag on. If not longer. People need to start thinking of 12' exclusion zones to the next person. Then avoiding touching everything anything that anyone else touches. At Costco yesterday they had someone with cleaning wipes to wipe the handles off of every cart that came in the store. Good idea. But what about the handles of all the coolers. They've stopped serving samples. Good idea. But people want to order takeout??? Sure get your food from someone going house to house, meeting face to face with someone who goes in and out of every building and house in town. Makes perfect sense.
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A Top Health Official Said The US Is “Failing” At Testing For The Coronavirus “It is a failing. Let’s admit it," Fauci, a top-ranking member of the White House's Coronavirus Task Force, told the House Committee on Oversight and Reform during a hearing on US coronavirus preparedness and response. Trump: Anyone who wants virus test can get a test
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Thats not true. trump has always made a business from using other peoples capital to fund his losses. Investors, shareholders, banks and state handouts. Were all used to fund casino's, golf courses, etc. that lost money. "“Real estate developers in the 1980’s & 1990’s, more than 30 years ago, were entitled to massive write offs and depreciation which would, if one was actively building, show losses and tax losses in almost all cases,” Trump tweeted. “Much was non monetary. Sometimes considered ‘tax shelter,’ you would get it by building, or even buying. You always wanted to show losses for tax purposes . . . almost all real estate developers did—and often re-negotiate with banks, it was sport.”
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The US FED has just committed $1.5 Trillion to ease liquidity issues in the US treasury markets. That means there are limited buyers of bonds and the FED has committed to buy when ready buyers are not apparent. According to CNBC.
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Yes. all travelers regardless of origin self quarantine for 14 days.
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I wonder if trump knows that there twice as many C-19 cases in the UK than in Greece, Finland, Portugal, Poland and Ireland combined. Evidently political connections,think Boris Johnson, matter more than infectious hotspots. I wonder if he knows that any EU member can travel to UK, deny any time in the EU outside the UK then go direct to the US. S. Koreans go-direct, Russians go-direct. Bahrain has 195 confirmed cases and if the US had the same confirmed infected rate it would have 43,000. All of the Arab trading partners with Iran are heavily infected. All go-direct to the US. Here is what a former senior fellow for global health at the Council on Foreign Relations and a Pulitzer Prize winning science writer had to say about: Trump Has Sabotaged America’s Coronavirus Response January 31, 2020 in Foreign Policy magazine. " In 2017 and 2018, the philanthropist billionaire Bill Gates met repeatedly with Bolton and his predecessor, H.R. McMaster, warning that ongoing cuts to the global health disease infrastructure would render the United States vulnerable to, as he put it, the “significant probability of a large and lethal modern-day pandemic occurring in our lifetimes.” And an independent, bipartisan panel formed by the Center for Strategic and International Studies concluded that lack of preparedness was so acute in the Trump administration that the “United States must either pay now and gain protection and security or wait for the next epidemic and pay a much greater price in human and economic costs.” The stock market response today is entirely appropriate. Chinese President Xi Jinping initially bungled the Chinese response to C-19. But once China got moving. It ordered round the clock production of medical equipment. It shut down huge cities and built new hospitals. Canaries have been singing for decades and went quiet three years ago. Now a Pied Piper of Hamelin has begun a tune.
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This is what happens when you get the straight story from medical professionals and not from politicians. The CDC has received a directive from VP Pence that all Covid-19 statements must come from his office.A Canadian health official suggested 30-70% of the total population could become infected. Self isolation, closing schools, factories, offices, etc. only works while isolation is in effect. A single virus carrier can easily spread the virus as soon as these measures are relaxed. 150 million infections would mean... while you can figure it out. Keep in mind older men are most vulnerable. Wonder what trump will say about _____________ tonight.here is what he has to say about virus vaccines You can skip to 1:40 dosages of vaccines are established by the patent in order to trigger an immune response. Anti-Vaxxers Are Terrified the Government Will 'Enforce' a Vaccine for Coronavirus
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‘Late Night’: A Closer Look at Trump Lying About Virus Outbreak Seth Meyers takes a closer look at Donald Trump lying to millions of people about the coronavirus outbreak as his administration bungles its response.
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Well he could put tariffs on imported oil. The US has no real imports as production is about consumption. Given that Russia and Saudi Arabia are driving the price war. Which presumably has the effect to drive the high cost producers out of business. i.e. US frackers and shale oil producers. But that would target his two closed friends MBS and Mr. Putin. So thats out. He could use US production to fill the US petroleum strategic reserve " The sale from the Strategic Petroleum Reserve was part of a regular drawdown schedule intended to raise $450 million for government programs in fiscal year 2020. That timing came into question after crude slumped on Monday as a price war broke out between Saudi Arabia and Russia, extending losses spurred by the spreading coronavirus." But thats been suspended. Somehow new cash from taxpayers in an election year for special voting blocks seems right.
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The story is that Nero played the fiddle while Rome burned. That he was the sole emperor to commit suicide.That " his populist style of rule remained very popular among the lower classes of Rome and the provinces until his death and beyond. Various plots against his life were revealed; the ringleaders, most of them Nero's own courtiers, were executed. ..He committed suicide on June 9, 68 AD, when he learned that he had been tried in absentia and condemned to death as a public enemy," Today's Nero, the president of the US has committed to $1 trillion in annual debt spending, while the US operates at 3.5% unemployment. Which most economists would say is full employment. While the US FED is conducting QE of $.7 Trillion per year. For a total of $1.7 trillion per year. Yet the state is beginning to smell smoke. trump... nothing to fear here... Obama and the Dems are to blame...no worse than the flu. "Trump announces new campaign event after Democrats cancel rallies over public health concerns Gathering the tribe to share some snot, and little pathogens. While in Germany "Merkel: 70 percent of Germans could contract coronavirus"
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There IS a problem with global warming... it stopped in 1998
Phil1111 replied to rushmc's topic in Speakers Corner
French ski resort goes bust as climate change threatens European ski industry "Only high-altitude resorts above 1,500 metres can still rely on getting enough snow for skiing, compared with 1,200 metres in 1960... An average of two to three French resorts are being driven out of business every year, with many operators struggling to adapt to increasingly mild winters." Climate change is taking a toll on the $20 billion winter sports industry — and swanky ski homes could lose value "The amount of snow in the western United States has seen an average drop of 41 percent since the early 1980s, according to research just published in the journal Geophysical Research Letters. As a result, the snow season shrunk by 34 days. Home values in mountain towns like Vail and Aspen are some of the highest in the nation, and those values are at risk. By 2050, home values near ski resorts could drop by at least 15 percent due to warmer winters, according to a study by researchers at the University of Wisconsin. At lower elevation ski areas, such as in Utah, Idaho, Nevada and parts of California, they could fall as much as 55 percent. " -
A good story on Iran, sad but perhaps it will bring about a downfall of the clerics. A cleric's cure for coronavirus becomes butt of jokes in Iran It seems as if there is a full equal to trump in Iran. " Amid anxieties in Iran over the coronavirus outbreak and a flurry of precautions to prevent its spread, a controversial ayatollah has declared a new method to “cure” the virus: applying violet oil to the anus."
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There IS a problem with global warming... it stopped in 1998
Phil1111 replied to rushmc's topic in Speakers Corner
Because you cherry pick data at the expense of the facts on global warming. Cereal crops are primarily grown in the extremes of latitude. Cereal crops are slightly over 1/2 of total caloric intake for people overall. BUT from your own source:"The effects of changes in climate on crop yields are likely to vary greatly from region to region across the globe. The results of the scenarios tested in this study indicate that the effects on crop yields in mid- and high-latitude regions appear to be positive or less adverse than those in low-latitude regions, provided the potentially beneficial direct physiological effects of CO2 on crop growth can be fully realized... In all climate change scenarios, relative productivity of agriculture changes in favour of developed countries, with implications on resource allocation ... As a result, net imports of cereals into developing countries increase in all scenarios, on the order of 20 to 50% compared to trade in the reference scenario. ... The largest negative changes would occur in developing countries, averaging around -10%. This loss of production in developing countries, together with rising agricultural prices, is likely to increase the number of people at risk of hunger, in the order of 5 to 15 % in the less severe climate scenarios, and ~50% in the UKMO based projections ... Although some countries in the temperate zone may reap some benefits from climate change, many countries in the tropical and subtropical zones appear to be more vulnerable. Particular hazards are the possibly increased flooding of low-lying areas, the increased frequency and severity of droughts in semi-arid areas, and potential decreases in attainable crop yields. It happens that the latter countries tend to be the poorest and the least able to make the necessary economic adjustments. " -
Saudi production averaged 9.8 MBPD last year and 12.5 is almost taps wide open. Unless small oil companies have very strong balance sheets and most don't. Any sustained market at these current prices will cause them to default on their loans. Tesla, I'll refer back to the over $12 billion short sellers lost in the last year betting against it. Most of those investors threw in the towels in the last two quarters. Russia seems to want to play hardball. "Oil prices plunged by more than 8 percent on Friday, as the market continued to digest unfavorable OPEC news, the latest of which was Russian Energy Minister Alexander Novak telling OPEC+ countries that they were free to pump oil at will after April 1, according to the Twitter feed of Javier Blas, Chief Energy Correspondent at Bloomberg News. "
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There IS a problem with global warming... it stopped in 1998
Phil1111 replied to rushmc's topic in Speakers Corner
Climate change is already affecting global food production -- unequally The world's top 10 crops -- barley, cassava, maize, oil palm, rapeseed, rice, sorghum, soybean, sugarcane and wheat -- supply a combined 83 percent of all calories produced on cropland. Yields have long been projected to decrease in future climate conditions. Now, new research shows climate change has already affected production of these key energy sources -- and some regions and countries are faring far worse than others. Anti-science propagandists like to cherry pick certain narrow slices of information. Long term and broad study data sets. Results in the statistical accuracy to defeat pseudo-science from the sources some deniers like to follow. -
There IS a problem with global warming... it stopped in 1998
Phil1111 replied to rushmc's topic in Speakers Corner
'As the world has warmed, that warming has triggered many other changes to the Earth’s climate. Changes in extreme weather and climate events, such as heat waves and droughts, are the primary way that most people experience climate change. Human-induced climate change has already increased the number and strength of some of these extreme events. Over the last 50 years, much of the U.S. has seen increases in prolonged periods of excessively high temperatures, heavy downpours, and in some regions, severe floods and droughts." Global warming is contributing to extreme weather events