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Economic implications of a SARS/Coronavirus outbreak

Starpharma says nasal spray can stop Delta​



DYOR

i do NOT hold this share

gee i wonder if Lorna Jane and Starpharma can apply for refunds of their fines

so far both have kept up to the standards maintained by the 'narrative '

like a recent headline in the MSM , farts transmit Covid ( if THAT is not misinformation .. and 'masks work' LJ has money coming )
 
Just add cocaine to it and Sydney cases will go to zero new infections within a 3 day period.
 

Surprising subject Aussie school students are ditching​


well considering the current economy predictions , virus infection modelling and PE of the stock-market where is the incentive to learn

most of then can just make sh*t up just fine already
 
How are other states apart from nsw travelling?

I'm worried we will have an initial pump with some catch up work and then drop off a cliff.
 
well i haven't seen anything from Tasmania , so they are either all dead , or going fine

the rest of them are alive and screaming for more stimulus and bail-outs

.. so i guess there is a Federal Election coming

we are well over that cliff sitting on a cloud of dreams ( future tax revenue )
 

Wage earners should assume the position forthwith.

Businesses and the self-employed should start thinking very carefully how not to get cornholed by the government going forward.

Me... I'm seriously thinking about an alternative lifestyle.
 

WIND ROSE - Diggy Diggy Hole (Official Video) | Napalm Records​



your choice a good place for your goodies or a full bunker complex

( the opal fields are easy digging , but can be a bit hot )
 
good work Tasmania

just stop politicians and sporting folk from the mainland and it should be a breeze
As a general thing I think the smaller population states are going to come out of this much better than the larger ones.

Tas, SA, WA, NT have all been able to retain something reasonably close to "normal" most of the time throughout this, imperfect but overall they've kept most business etc running.
 
i would rather have the deer roaming the streets than politicians
Dunno about that, depends on whether you are a cannibal or not... but yes, would much prefer to be carving up a wayward buck on my car bonnet ?
(Joke of course, I don't condone violence unless they really do need a good smack for causing trouble...)
Just add cocaine to it and Sydney cases will go to zero new infections within a 3 day period.
I reckon nicotine should come back into fashion... would like to see stats on smokers catching it!?

Although if a smoker did get it, probably game over if you didn't cease smoking immediatly.

Meanwhile, NSW continues down the path of Draconian policing under the guise of the public interest of law n order.

RnR used to mean rest n recreation, now, it means REVENUE RAISING.
Caveat; not particularly directed around vivid policy policing, but vowing to fine everyone who was protesting?
 
would depend on how you tested the 'infected' some tests will flag anything ( maybe even nothing )

if NSW votes either major party back in next election they deserve what they get ( a bloody politician )
 
Another story in response. Food for thought. Nothing else.

When free people come to accept it's okay to live off the spoils of others, they don't care if new promises can't be paid for. They just want them and they want them now even at their own peril. - Webmaster


Some people think my views are socialist, but the above is probably the opposite. I just like to look at all sides and contemplate. I like the saying "There are three sides to every story, his, hers and the truth.
 

Linus with a great video on the chips shortage issue and all the contagion that's come out of that (copper and so on).

I pointed all of this out months ago but still nice to see a big/mainstream name explaining it to the regular joe.
 
I notice inflation is back on the agenda.
Where are we at with that?

A search on ASX inflation trade stocks comes up with a few, one being A2M....really? What the?
Why is a ailing milk company a good inflation trade?

Regardless, I think we should remember that retail doesn't understand that inflation is transitory, and once prices go up, they generally stay up.
A few exceptions like fuel etc
 
Big banks now calling for rates to be raised/saying it's time to do so:



Talking heads reckon it'll happen in Q4.

Meanwhile, 10 year yields still haven't cracked the previous point at which the markets lost their minds back in feb after the snowstorm:



With the delta variant carryon well & truly over:



Our two questions are whether yields are going to hit that 1.15 point and then get moving again and with summer now being in the rear view mirror the environment is only going to get more & more infectious between both the cold itself and simple fact that the cold keeps more people indoors and thus spreading the virus amongst them.

So in short, it's hard to say whether simple seasonality might effect the data (i.e it'll be worse than the fed wants before it starts tapering) and so we'll need to wait for winter to be in the rear vision mirror for interest rates to bounce again.


But whether the tapering starts q4 2021 or Q1 2022, either way, it's still a bull market because the fed's effectively told us they're only going to stop the printing presses when they're more than sure the economy can take up the slack, so whether it's organic growth or artificial, from our perspective it doesn't matter, we still keep holding everything.

This is modern monetary "theory" at work.
 
The Congressional Budget Office estimates that the 2021 deficit will be slightly less than last year’s total at $2.3 trillion.
But, this is pretty much bullsh*t as it does not include:
  • The $1.9 trillion (TRILLION!!!) stimulus package passed by congress; or
  • The proposed $1.7 trillion infrastructure package currently in the works.
So, we can take that $2.3 trillion (which took decades of fiscal mismanagement to achieve) and 2.5X it.

Let that sink in… the USA is now on track to effectively triple its deficit in a 1-bloody-year!

Look at this chart:

Note: The red line ONLY includes the 2020 deficit. The dotted line represents the $1.9 trillion stimulus package… the remaining ~$4 trillion deficit still has to be added on top of the dotted line!

Notice how the blue line (gold price) has yet to catch up to the rapidly increasing red line (fiscal deficit)?

Well… if the last 30 years of known data are any indication, it’s going to.



Gold hasn’t even caught up to the 2020 deficit, let alone the coming astronomical 2021 deficit.

 
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