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mezzer Flag Main Stand, Block F, Row 20 seat 1... 03 Apr 20 11.45am Send a Private Message to mezzer Add mezzer as a friend

Originally posted by Sportyteacher

Okay so here is further evidence of sticking my neck out for my lack of specialist knowledge re: Economy ...however we are by no means the only country in the world printing or borrowing money like it is going out of fashion. Why is it not possible for global agreement to write off debts given the size of the crisis and that record austerity measures are not in anybody's interests?

I'm not an economist myself (can't stand them generally because they seem to have the answer to everything, but only after it's happened - and are incredibly pompous about it) but check out Modern Monetary Theory (MMT) on Google or wherever. Far too complicated to go into but it basically suggests that (all lifted directly from Wikipedia)

MMT's main tenets are that a government that issues its own fiat money:
Can pay for goods, services, and financial assets without a need to collect money in the form of taxes or debt issuance in advance of such purchases;
Cannot be forced to default on debt denominated in its own currency;
Is only limited in its money creation and purchases by inflation, which accelerates once the real resources (labour, capital and natural resources) of the economy are utilized at full employment;
Can control demand-pull inflation[5] by taxation and bond issuance, which remove excess money from circulation (although the political will to do so may not always exist);
Does not need to compete with the private sector for scarce savings by issuing bonds.
These tenets challenge the mainstream economics view that government spending is funded by taxes and debt issuance

Because the government can issue its own currency at will, MMT maintains that the level of taxation relative to government spending (the government's deficit spending or budget surplus) is in reality a policy tool that regulates inflation and unemployment, and not a means of funding the government's activities by itself. The approach of MMT typically reverses theories of governmental austerity. The policy implications of the two are likewise typically opposed.

 


Living down here does have some advantages. At least you can see them cry.

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cryrst Flag The garden of England 03 Apr 20 11.53am Send a Private Message to cryrst Add cryrst as a friend

Originally posted by Mapletree

If you can't be bothered to check your 'facts', please don't make statements as if they are factual.

It is really not hard to do the checks

This is a huge issue generally, misinformation and disinformation is making life very hard during this crisis

Edited by Mapletree (03 Apr 2020 11.35am)

From 2012-2013
1 billion prescriptions were issued.
£450 million raised.
40% are liable to pay but in reality less than 10% actually do.
From a think tank so fact.

My dad has various drugs to counter ones hes told he needs that dont agree with him fact.

Placebos have been and are tested within groups of people ironically in vaccine testing sometimes. Google it as I have been instructed by god on another matter. Fact

What in this is disinformation.

 

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Mapletree Flag Croydon 03 Apr 20 11.58am Send a Private Message to Mapletree Add Mapletree as a friend

Originally posted by cryrst

From 2012-2013
1 billion prescriptions were issued.
£450 million raised.
40% are liable to pay but in reality less than 10% actually do.
From a think tank so fact.

My dad has various drugs to counter ones hes told he needs that dont agree with him fact.

Placebos have been and are tested within groups of people ironically in vaccine testing sometimes. Google it as I have been instructed by god on another matter. Fact

What in this is disinformation.

I don't understand your point

7 year old information that is largely irrelevant to the current discussion.

But pleased you are practising your research skills.

 

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Yellow Card - User has been warned of conduct on the messageboards SW19 CPFC Flag Addiscombe West 03 Apr 20 11.58am Send a Private Message to SW19 CPFC Add SW19 CPFC as a friend

Originally posted by Mapletree

If you can't be bothered to check your 'facts', please don't make statements as if they are factual.

It is really not hard to do the checks

This is a huge issue generally, misinformation and disinformation is making life very hard during this crisis

Edited by Mapletree (03 Apr 2020 11.35am)

Great post – Although I would suggest not just using Google. At least 2 or three sources compared usually does the trick.

Edited by SW19 CPFC (03 Apr 2020 11.58am)

 


Did you know? 98.0000001% of people are morons.

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Yellow Card - User has been warned of conduct on the messageboards SW19 CPFC Flag Addiscombe West 03 Apr 20 12.02pm Send a Private Message to SW19 CPFC Add SW19 CPFC as a friend

Originally posted by Teddy Eagle

Seeing it was so predictable which countries were prepared for it?

*should have been more prepared for it

 


Did you know? 98.0000001% of people are morons.

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Mapletree Flag Croydon 03 Apr 20 12.12pm Send a Private Message to Mapletree Add Mapletree as a friend

Originally posted by SW19 CPFC

*should have been more prepared for it

Just don't go to Equatorial Guinea right now!

 

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cryrst Flag The garden of England 03 Apr 20 12.13pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by Mapletree

I don't understand your point

7 year old information that is largely irrelevant to the current discussion.

But pleased you are practising your research skills.

So you would think a drastic change in the % then to the first point. Prove the change then because you have old figures.
The second and third points are not date relevant really are they. They are things that dont need figures as it not really maths is it.
And you wouldn't understand my point would you. It is not fitting for you to agree or attempt to find truths in anyone of a lower intellects suggestions.
Yes I did write that because not being overly intellectual is something I have no shame about.
Now go to the mirror and lick yourself.

 

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cryrst Flag The garden of England 03 Apr 20 12.18pm Send a Private Message to cryrst Add cryrst as a friend

A 36 year old nurse has died of C19 in the Midlands. Apparently caught the bug while on leave. no underlying issues her family said. Sad but expected.

 

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cryrst Flag The garden of England 03 Apr 20 12.24pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by SW19 CPFC

*should have been more prepared for it

For what. How can anyone have known. Burns units crash teams and response have been updated recently because of terror threats. That was a known potential so yes spend and effort on that.
Who was to know that a pandemic was this year.
Lucky it wasnt 20 years ago really as then some numbers would have died. It could have been in 20 years time. Medicine would probably have been available due to advances. No country was ready totally, some maybe more but not by far and this bug takes no prisoners. If we didnt have a flu vaccine it would be less deadly than that, I mean flu kills half millions a year with vaccines.

 

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Rudi Hedman Flag Caterham 03 Apr 20 12.28pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by cryrst

For what. How can anyone have known. Burns units crash teams and response have been updated recently because of terror threats. That was a known potential so yes spend and effort on that.
Who was to know that a pandemic was this year.
Lucky it wasnt 20 years ago really as then some numbers would have died. It could have been in 20 years time. Medicine would probably have been available due to advances. No country was ready totally, some maybe more but not by far and this bug takes no prisoners. If we didnt have a flu vaccine it would be less deadly than that, I mean flu kills half millions a year with vaccines.

Advice to test test test and use that information was advised ages ago and so was the need for PPE.

I have defended Boris and the tories but recently they are being exposed for being full of hot air, well on this anyway.

 


COYP

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Spiderman Flag Horsham 03 Apr 20 12.30pm Send a Private Message to Spiderman Add Spiderman as a friend

Originally posted by Mapletree

If you can't be bothered to check your 'facts', please don't make statements as if they are factual.

It is really not hard to do the checks

This is a huge issue generally, misinformation and disinformation is making life very hard during this crisis

Edited by Mapletree (03 Apr 2020 11.35am)

I wonder how many times you have told posters to “check google “ or “check your facts”? But of course when someone posts facts, if you don’t agree with them, you dismiss them as fake news. We all know you have my strings to your bow than any large Orchestra but you don’t need to be so patronising surely?

 

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Yellow Card - User has been warned of conduct on the messageboards SW19 CPFC Flag Addiscombe West 03 Apr 20 12.34pm Send a Private Message to SW19 CPFC Add SW19 CPFC as a friend

If anyone is under the illusion this will be 'going away' this year, then I'd be interested to know how they've come to that assumption.

Especially in light of the fact the testing kits that everyone seems to be hanging their hats on even now are massively hit and miss, both for confirming and attempting to show antibodies are present.

The link/image below sums that particular issue up nicely written by someone who works in the labs ->

General summary of that if you can't be bothered to click is

• Labs don't have spare space, despite what is being portrayed
• There are nowhere near enough analysers to handle 500-1000 tests a day
• People are forgetting this is a brand new virus
• You can't just run a test for a new virus without proving that it does what it says it does – it takes considerable time
• All this against a background of stripped back and closed labs, understaffing and so on (now and historical)
• False positives and false negatives are the issue
• Put yourself in our shoes before you have a massive s*** on us

The false positive/negative thing is the most interesting. Having false positives is OK in the context of do you have the virus or not? But obviously false negatives are disastrous. And in the case of this virus, I'd suggest even a super low return of false negatives would be enough to reject a test kit.

False positives on antibody tests similarly a big FAIL.

Everyone is looking for a silver bullet rather than wait 12-18 months for a vaccine and it ain't going to happen fast, or at all.

My view?

Lockdown until end May, to varying degrees of strictness
Some easing of measures for June-August
Sep-Oct cases start rising again
Back to lockdown over winter
Easing into spring 2021
Vaccine? (BIG QUESTION MARK)
Time to implement vaccine across entire population
Social measures still in place in some form until Spring 2022
Everyone vaccinated
New pandemic starts(joke)

It's going to be a long road

Edited by SW19 CPFC (03 Apr 2020 12.35pm)

ef90cef4-2687-480b-9f95-598861a4969f.jpg Attachment: ef90cef4-2687-480b-9f95-598861a4969f.jpg (106.34Kb)

 


Did you know? 98.0000001% of people are morons.

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