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Thread: CONVID 19 V Mum/Baby

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  1. #15
    Join Date
    Dec 2008
    Posts
    412

    Default Re: CONVID 19 V Mum/Baby

    Quote Originally Posted by FrankL View Post
    so China is committing economic suicide for a flu ?
    Fatality rate much higher than flu, you can get it more than once, and R0 might be as high as 6.

    https://www.reuters.com/article/us-china-health-japan/japanese-woman-confirmed-as-coronavirus-case-for-second-time-weeks-after-initial-recovery-idUSKCN20L0BI
    "A woman working as a tour-bus guide in Japan has tested positive for the coronavirus for a second time, Osaka’s prefectural government said, the first known person in the country to do so amid growing concerns about the spread of the infection."

    all schools in Japan were told to close until April
    https://www.japantimes.co.jp/news/2020/02/27/national/hokkaido-coronavirus-school/

    investors exiting Asian markets
    https://www.bloomberg.com/news/articles/2020-02-27/foreigners-exit-asian-markets-at-fastest-pace-in-years-on-virus

    global bond markets are shut down until governments start pumping in mad money
    https://www.bloomberg.com/news/artic...t-to-its-knees
    "The $2.6 trillion international bond market, where the world’s biggest companies raise money to fund everything from acquisitions to factory upgrades, came to a virtual standstill as the coronavirus spreads fear through company boardrooms."

    There's a no bid markets everywhere but gold
    https://www.marketwatch.com/story/go...ety-2020-02-24
    & government bonds
    https://www.wsj.com/articles/rush-to...ws-11582713001

    If sales are made or no revenue exists interest on debt keeps compounding.

    governments and central banks are getting the money wagons ready, though they need to be seen as coming to save the day, so the crisis must burn on for a while longer.

    Hong Kong doing $1,200 in helicopter money per adult this year https://www.scmp.com/news/hong-kong/...ckage-includes
    Germany to suspend limit on public borrowing https://www.bloomberg.com/news/artic...blic-borrowing
    Yellen shifted from no crisis in our lifetime to potential imminent recession https://www.bloomberg.com/news/artic...into-recession
    Last edited by seobook; 02-27-20 at 09:31 AM.

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