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Chinese "Devil Virus" - anyone worried?

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Rosco said:
For Italy it might be.

The ECB response to Italy was go fuck yourself. We're not here to help.

Why a lawyer with no grasp of economics is head of the ECB is a mystery but not surprisingly she's a disaster.

The stand off on the debt mutualisation is probably what will cause a serious EU split though
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She got that job for two reasons: (a) to keep the French happy and (b) because she previously headed up the IMF, a gig she probably also got to keep Paris sweet. TB absolutely F to her she may be tanking partly because at a time like this the inherent lunacy of the EU's one-size-fits-all economic and fiscal policies will get thrown into sharper relief than ever.
 
Rosco said:
For Italy it might be.

The ECB response to Italy was go fuck yourself. We're not here to help.

Why a lawyer with no grasp of economics is head of the ECB is a mystery but not surprisingly she's a disaster.

The stand off on the debt mutualisation is probably what will cause a serious EU split though
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Big time. When it comes to the EU "family" there are a lot of countries leader and EU leaders showing their true colours now (as a lot did during the recession). It's a shame because as a trading bloc with some shared rules and regulations it's a great idea as no one country in Europe is large enough to be a large trading bloc.
 
Rosco said:
I know fuck all about economics but there's a former Irish Central Bank economist who is a bit of a public figure on economics in Ireland called David McWilliams. He's interesting to listen to because he can see through the bullshit.

Anyway back before Ireland made any decisions one the crisis he said the best and most effective thing the Dept of Finance could do was "helicopter money". Bypass the banks and simply deposit money in citizens accounts so there is still a cashflow in the economy.

About a week later we did the wage guarantee for employees - which is effectively the same thing.

A couple of weeks later he said if our central bank had any cop on they would take advantage of the ECB making funds available at minus interest rates. Basically by forcing the banks to refinance all mortgages with the new funding available and putting all existing mortgages on 1% finance (as opposed to around 3% as it is now). It would reintroduce 1.5 billion into the economy immediately at no cost, and provide an ongoing benefit for years.

Still no action on that front though.
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That would be too sensible for FG and it would affect asset backed security values (they've already tanked to be fair), so people in investment funds would have a whinge so FG wouldn't want that.
 


The fucking horrific irony, that in the obsessive compulsion not to 'damage the economy' thousands have died needlessly & the economy is utterly fucked.
 
tenor.gif
 
9th consecutive day of worst numbers in Europe. Wonder if any of our bootlicking journos will bring this up at the press conference lol as if
 
Woland said:
9th consecutive day of worst numbers in Europe. Wonder if any of our bootlicking journos will bring this up at the press conference lol as if
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Are the numbers equivalent yet, in terms of nursing homes and such, or still undercounted?
 
Tomorrow is Easter Sunday here, the Saturday night before (should have been tonight) people usually go to the church where they wait until midnight when Christ rises and the church bells ring and people light their candles with the holy light. The holy light is brought in from the holy lands, a priest goes into the holy sepulchre and his lantern lights up by itself, because it's a miracle that happens every year...

Anyway, this year the church service this year is meant to happen behind closed doors but I've seen people going around with lit candles, and the neighbours were recieving the holy light off some old boy.

So much for social distancing, I've a bad feeling that the last month of lockdown and quarantine is going to be for nothing...
 
Farkmaster said:
Are the numbers equivalent yet, in terms of nursing homes and such, or still undercounted?
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Still under counted. Not sure any of Italy, Spain, France or the UK are reporting care home deaths.

The UK have recorded 217 deaths to date I care homes in the official figures or c.2%

True figures are supposedly between 30-40% of total of deaths occur outside of hospitals. So under represented by c.4.5k-6k total.
 
Bit of a coincidence that the light only lights up spontaneously when he goes in!

Also, why is Easter Sunday late in Greece? Is it just cos they like being late?
 
The Nomad said:
Still under counted. Not sure any of Italy, Spain, France or the UK are reporting care home deaths.

The UK have recorded 217 deaths to date I care homes in the official figures or c.2%

True figures are supposedly between 30-40% of total of deaths occur outside of hospitals. So under represented by c.4.5k-6k total.
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The average deaths per month figures compared to the usual average deaths suggest only approx 40% are being recorded officially.
 
FoxForceFive said:
Bit of a coincidence that the light only lights up spontaneously when he goes in!

Also, why is Easter Sunday late in Greece? Is it just cos they like being late?
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It's a miracle... And no, he doesn't have a lighter hidden in his robe.

It's something to do with the calendars, the western churches use the Georgian church and the orthodox church use the Julian.
 
All care home deaths get recorded, they just are not necessarily recorded as Coronavirus deaths, and they haven’t been recorded as frequently as hospital deaths (as has always been the case), so there is a lag.

There is also the issue that care homes are required to report when a resident dies, regardless of the place where they actually died, so if a care home resident goes into hospital and sadly dies there then they are recorded in hospital data and also reported as a death by the care home.

Obviously these things can be overcome, and my understanding is that different reporting structures for care homes have now been set up to report things more accurately and also more quickly.
 
Richey said:
All care home deaths get recorded, they just are not necessarily recorded as Coronavirus deaths, and they haven’t been recorded as frequently as hospital deaths (as has always been the case), so there is a lag.

There is also the issue that care homes are required to report when a resident dies, regardless of the place where they actually died, so if a care home resident goes into hospital and sadly dies there then they are recorded in hospital data and also reported as a death by the care home.

Obviously these things can be overcome, and my understanding is that different reporting structures for care homes have now been set up to report things more accurately and also more quickly.
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Yeah.. not buying it. Sorry.

They are manipulating the figures. We've had about 6 weeks now to sort it, and we have still only reported 217 deaths as of yesterday at care homes.

Just like when they said we have enough PPE. Then said 'we can't magic up PPE'.
 
The Nomad said:
Yeah.. not buying it. Sorry.

They are manipulating the figures. We've had about 6 weeks now to sort it, and we have still only reported 217 deaths as of yesterday at care homes.

Just like when they said we have enough PPE. Then said 'we can't magic up PPE'.
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That's fine because I'm not selling it. You can believe what you like, that's fine. My work is in the heathcare sector, dealing with healthcare data so was just passing on what I knew from that. That's all.
 
Richey said:
All care home deaths get recorded, they just are not necessarily recorded as Coronavirus deaths, and they haven’t been recorded as frequently as hospital deaths (as has always been the case), so there is a lag.

There is also the issue that care homes are required to report when a resident dies, regardless of the place where they actually died, so if a care home resident goes into hospital and sadly dies there then they are recorded in hospital data and also reported as a death by the care home.

Obviously these things can be overcome, and my understanding is that different reporting structures for care homes have now been set up to report things more accurately and also more quickly.
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Many places don't report the care home deaths initially for all the reasons you suggest, beaurocracy, lack of testing as well. It's a little odd that the uk haven't updated the numbers after the fact, yet. New York, France and others added thousands to the death toll that way. If they never do it though, or do it so late that the data is essentially lost in terms of public message, then theres a reason why, so I guess we will see.
 
Everyone is reporting figures accurately and uniformly, using the same parameters, criteria and taxonomy. Including China!

Just ignore every single example from across the world that says otherwise - including those countries that counted people who DIED as part of the number that actually recovered! - so that you can blame Donald Trump and Boris Johnson for everything, and being the worst at all the things, and are in fact murdering people on purpose because of reasons, and left-wing governments are all just the fucking best, as long as the figures reflect that.

Like China, for example.
 
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