zydeco

24 minutes ago, Sujo said:

Resign.

Beat me to it.

1 hour ago, mtls2005 said:

Imagining trump on the Titanic donning women's clothes and stampeding melania to be the first one in a boat.

 

 

Trump urges states to secure their own medical supplies for coronavirus

 

"We will be backing you, but try getting it yourselves. Point of sales, much better, much more direct if you can get it yourself," he reportedly said.

 

https://thehill.com/homenews/administration/487900-trump-urges-states-secure-their-own-medical-supplies-coronavirus

 

 

 

He's already told you. He said he's not responsible. When the going gets tough, expect Trump to bug out.

1 hour ago, thaibeachlovers said:

That's pretty obvious but what are governments around the world going to do when it's all over and millions are broke and unemployed?

It's called a Depression and it takes years, sometimes a decade, to work your way out of it. One thing is for certain, the Fed throwing more money, going to NIRP, and directing money to banksters and billionaires isn't going to make things better. In fact, doing that is what made the current crisis into more than that, a catastrophe.

38 minutes ago, DrTuner said:

Or it's been stirring all the time and some other unknown variable has caused the epidemic to slow down. The weather argument does have merits, but I'm still not fully convinced. Will need to wait and see again for more information.

There is this: https://www.zerohedge.com/health/covid-19-sun-lesson-1918-influenza-pandemic   Smarter people than me will have to decide whether it makes sense or not.

14 hours ago, URMySunshine said:

just think about that for a moment when it is unleashed on the morbidly obese, diabetic and the elderly in the US and the hospitals are overwhelmed in about 10 days time.

Which is why you would think Trump would have acted earlier. That description of yours also describes Trump's political base. He's helping to kill off the very people he needs for those paper thin margins in Pennsylvania, Ohio, Michigan, Wisconsin, and, what is known as God's Waiting Room, Florida. Simple self interest would make you think he would have done something. But, no. He tried to protect the stock markets. At all costs. 

2 minutes ago, glennb6 said:

umm yea...and Ohio, Illinois, Washington state, Massachusetts too. All left wingnut liberal states with economies in the toilet already btw. FYI, for anyone who doesn't know the clown mayor of NYC Bill de Blasio, he is a full on communist. F NYC, live with your choice now suckers.

 

This is beyond NUTS.

Could you translate that into English from Breitbarterese?

And the end result will be what we just saw happen in Japan today, where the Bank of Japan is buying ETFs (they already own 75 percent of them), stocks, bonds, and negative interest rates. Trump is jealous. 

Quote

The Bank of Japan announced after an emergency policy meeting that it will expand its purchases of stocks, bonds and other assets and provide zero interest, one year loans to companies running short of cash to help the economy weather the impact of the virus outbreak.     https://www.usnews.com/news/business/articles/2020-03-15/bank-of-japan-holds-emergency-policy-meeting-after-fed-cut

3 hours ago, Eric Loh said:

May trigger bank runs when savers get frustrated with the zero returns and withdraw their money.

Already has in the Hamptons.

4 hours ago, otherstuff1957 said:

So, how long before we start seeing negative interest in the US?  Will it be days, weeks or months?

It's already happened. https://www.zerohedge.com/markets/nirp-arrives-treasuries-trade-negative-yield

Will be interesting when Thailand removes the restrictions on China (which have barely been there for a couple of weeks or so) and increases them even more for the US and UK. 

25 minutes ago, rak sa_ngop said:

The app is currently showing 82 cases including 7 new cases. If you click onto the 'i' icon above the 'show icon legend' line you can access a lot of information about the cases with daily reports and testing statistics etc. Most of the information however is in Thai.

I see it. They've also made some upgrades and added more information.

38 minutes ago, welovesundaysatspace said:

A good time to buy cheap. I will wait a bit though — as long as The Chaos Family is fiddling with things, prices will fall even further. 

You are here:

Still only seven cases in all of Thailand today, according to the app, which just two days ago showed 70.

The worldwide pandemic actually is good for Thailand! Who would have guessed!

54 minutes ago, 448glb said:

Big news is coming out tomorrow in Thailand, everyone should stock up on supplies. You have been advised.

If what you're implying is about to happen, then nobody is going to want to go outside in a day or two, because roaming bands of desperate people who don't have the money to "stock up" are going to want to be fed.