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Posts posted by candide
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46 minutes ago, Logosone said:
You have absolutely hit the nail on the head, this medical crisis will pass. Eventually a vaccine will be found. However, the true financial implications of this virus are still to come and will be with us long after the virus is vanquished.
We are already seeing German trade unions clamouring for additional hand outs for employees and the German governments at local and national level look to be ready to bend over and give the panicked electorate whatever it wants. So we can see an increase in debt for Germany, granted not to the obscene levels of the UK, but the virus will have a similar effect on borrowing for Germany.
The real crunch time will be if there is any real issue with the financial system, as a result of multiple large company failures. If people start withdrawing their money from banks in a bank run to save their cash it could be real bad.
But then Germany overcame hour zero in 1945, so this should be a cake walk.
Apparently, corporate debts is likely to become the key issue. As concerns Germany, they have a very specific banking system which may help protect the economy, at least partly.
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On 3/17/2020 at 12:12 PM, Morty T said:
" In Hungary, Poland and the Czech Republic, where right-wing or populist governments "
Interesting when you don't tow the socialist view, you're labelled a right-wing xenophobic.
So you approve executive power muzzling and controlling judges (Poland, Hungary) and media (Hungary)?
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22 minutes ago, TallGuyJohninBKK said:
This below was the history and projections BEFORE the coronavirus, Trump's $1 billion bailout plan, and the likely coming recession came along:
https://www.debtconsolidation.com/us-debt-presidents/
From Feb. 2019:
https://www.businessinsider.com/trump-national-debt-deficit-compared-to-obama-bush-clinton-2019-2
Exactly. It is advised to follow counter-cyclical policies. Trump stupidly followed a pro-cyclical policy. On top of unnecessarily increasing debts, it creates speculative bulbs that burst at first occasion.
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4 hours ago, TallGuyJohninBKK said:It's bizarre... I watched the U.S. TV news last night our local time with Trump's CV task force news conference from Weds. in the U.S.
Lots of talk of his proposed $850 billion or trillion dollar CV aid package, talk of $1000 or so checks being mailed out to (every?) Americans (apparently whether or not they actually need the money). And thru it all, I heard not one word of how/where the feds are going to get the money to pay for all this stuff...
Trump and the Republicans already exploded the federal deficit with their corporate tax cuts giveaway. Now along comes the coronavirus, the U.S. stock market has dropped back down to at or below where it was when Trump first took office, trillions of dollars drained out of citizens' investment and retirement account values, the economy in freefall...
And now we're going to add another trillion or so in added federal spending for something that, up until a week or so ago, Trump was assuring everyone who'd listen was no big deal and would magically pass/cease with the arrival of spring. But now all of a sudden, he's suddenly discovered it's a crisis and he's a "war-time president"??? Too bad for America and Americans he couldn't have figured that out a couple months back when most everyone else did.
Re the federal deficits, this info below was all BEFORE the coronavirus impacts hit:
https://en.wikipedia.org/wiki/National_debt_of_the_United_States
The good side of it for Trump, is that he will likely be able to hide his previous financial mismanagement. That will be all because of the coronavirus crisis according to his propaganda.
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2 hours ago, URMySunshine said:
Well corrected. Nothing to worry about fake news....oh and another barefaced lie
https://www.wired.com/story/coronavirus-donald-trump-google-website/
https://www.theguardian.com/media/2020/mar/17/fox-news-coronavirus-outbreak-trump
Quote from the article in the Guardian ????
"On 10 March Sean Hannity, Fox News’ most-watched host and a personal friend to Trump, accused the left of creating “hysteria”. He attempted to downplay Covid-19 by comparing it to the flu, and also suggested the Democratic frontrunner, Joe Biden, was using it as an excuse to cancel rallies.
Hannity’s outlook had changed by last Friday.
“This virus is serious,” Hannity said. “We’ve been telling you that from day one. We need to take the flu seriously. We need to take cancer seriously, this virus seriously. Of course, we all need to prepare accordingly.”"
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2 hours ago, gamesgplayemail said:
I was thinking that only Thai could not understand the real problem with this virus ? but it seems that foreigners also need to learn...
This virus is not a problem for 90% people, but for 10% it can lead to death.
The problem is not to treat the symptoms as we just need respiratory help, the problem is that in a country like Thailand 200000 people could need some respiratory help when only 10000+ machines are available in hospitals...
So the only problem is that if too many people will need ICU at the same time, hospitals cannot treat them because not enough beds.
Nothing else to think about or understand.
Exactly, It's a demand/capacity management issue which is similar to the one service companies such as airlines usually experience. Except that one cannot increase prices at peak time to divert demand.
The virus is unstoppable. The objective of the current decisions is flatten the demand curve in order to reduce the gap with the current health system capacity.
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15 hours ago, candide said:
There is a clear trend in daily polls since respondents became aware that Trump was talking B.S., even in polls such as Rassmussen which usually shows a pro-Trump bias.
https://www.rasmussenreports.com/public_content/politics/political_updates/prez_track_mar16
https://www.msn.com/en-us/news/politics/daily-presidential-tracking-poll/ar-AADKLI1
Same trend on March 17th
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11 hours ago, Crazy Alex said:
Thanks for writing out why we need the documents in question. I think I'll just sit back and let you keep typing.
Thanks for confirming that you have nothing more than a vague and unsubstantiated conspiracy theory.
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5 minutes ago, Crazy Alex said:
Nobel Prize winners and have been incredibly wrong. Simple fact.
Your post is completely unrelated the the discussion I had.
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At least Trump seems to stop talking BS.
When Trump stops talking B.S., It's time to really worry about what's coming. Take care.
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2 hours ago, emptypockets said:
It's widely used by spin doctors who cannot tell the truth.
Stomach is fine.....why do you ask?
Do you mean spin doctors such as Nobel prize winners (i.e. K. Arrow)?
https://www.academia.edu/18680655/Are_We_Consuming_Too_Much_Response
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There is a clear trend in daily polls since respondents became aware that Trump was talking B.S., even in polls such as Rassmussen which usually shows a pro-Trump bias.
https://www.rasmussenreports.com/public_content/politics/political_updates/prez_track_mar16
https://www.msn.com/en-us/news/politics/daily-presidential-tracking-poll/ar-AADKLI1
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1 hour ago, Crazy Alex said:
Oh no you don't! How an investigation started is ALWAYS relevant. I know that having relied on some phony *whistleblower*, you liberals want to pretend it doesn't matter. But it does. The spirit, if not the letter of the law in American justice dictates a legitimate reason to begin an investigation. If it turns out Russia was just an excuse to go after Flynn, that would leave a lot of rotten fruit to get thrown out. And of course there is going to be back tracking about why Flynn was questioned about Russia. That's why the documents are relevant. And that's also likely why they *disappeared*.
Nice try. If, if, if....
How does the rather long article you linked support your claim? Could you please quote what supports your claim in this article? What supports your claim that (1) the missing documents are related to the way the investigation into Flynn was predicated and that (2), as they cannot be produced, the investigation would not be properly predicated?
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On this particular coronavirus issue, I'm starting to wonder whether the clown on the east side of the Atlantic Sea is not worse than the clown on the west side.
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24 minutes ago, emptypockets said:
No such thing as negative growth.
I acknowledge it sounds paradoxal, but it is a widely used term in economics.
Sore stomach tonight?
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4 hours ago, Brian Allen said:
.... Mueller's "investigation" detailed Moscow's interference in the 2016 U.S. election "to boost President Trump's candidacy," as well as "numerous contacts between Trump's campaign and Russia" ....
What utter rubbish. Despite that it knew what it would "find" even before it began its attempt to procure President Trump's malicious prosecution, Mueller's Mob spent two years and more than Forty-Five-Million Dollars to come up with ZERO crimes involving the corruptly-criminally concocted allegations against candidate and then President Trump. Mueller's Mob was part of the "democrats'" Deep State's attempted coup. An effort to reverse the results of the 2016 election and to deny We, The (Sovereign, American,) People our right to elect the government of our choice.
As for Mr Flynn's hounding, blackmailing, standing-over and shaking-down and false prosecution, it's important to note that then General Flynn was employed for YEARS by the Obama Mob -- and, before being fired by it, 45 days peripheral to Mr Trump's crew.
Complete B.S. conspiracy theory.
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26 minutes ago, dunroaming said:
The economic fallout from this pandemic is going to be staggering.
The EU's Internal Market Commissioner Thierry Breton said a recession was now expected, with a 2-2.5% negative growth.
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The EU's Internal Market Commissioner Thierry Breton said a recession was now expected, with a 2-2.5% negative growth.
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22 minutes ago, Crazy Alex said:
I gotta say, you almost had me! I did some reading up on this case to refresh my memory. The FBI's investigation into Flynn started with questioning Flynn on his dealings with Russia. So yes, those documents are absolutely relevant. Fruit of the poisonous tree. That was slick. I'm gonna have to keep a closer eye on you. ????
Where is it written in this article that Flynn is currently accused of being a Russian agent?
"The government has not alleged in any filings in this court or before the court that the defendant is an agent of Russia. That is not part of this case. That is not part of the act that he has pled guilty to. It was lying to the FBI about particular communications involving Russia, not being an agent of Russia," prosecutor Brandon Van Grack said.
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1 minute ago, Crazy Alex said:
Thanks for the link. I have read it. So prosecutors held back what can be perceived as an irrelevant document. OK, so what else did they hold back?
Also, the fact that the judge has held back sentencing indefinitely clearly casts doubt on the narrative. While we don't know for sure whose narrative, I suspect it's the government's version. In the end, I will respect the judge's decision.
You are free to speculate as much as you want.
It is not unbelievable that investigators may sometimes be negligent with documents that do not relate to the actual charges.
Fact is that the lost documents were not relevant and could not clear him. Trump's fake news once more.
By the way, more details on Fox News website.
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21 minutes ago, candide said:
As usual, when it comes from Trump's mouth, It's fake news. The lost documents could not clear him because they are not about what he is accused of.
"In September, Flynn's lawyers said the prosecution was unable to produce an internal Justice Department memo clearing Flynn of being a Russian agent.
A government lawyer on the case, however, declared the claims irrelevant, stating Flynn was not accused of being a Russian agent."
1 minute ago, Crazy Alex said:None of that makes *losing* relevant and likely critical case documents. This is the United States of America, not some third world, sh1thole country banana republic.
Just in case you did not read my post.
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17 minutes ago, Mulambana said:
Europe, USA, UK none of them are reporting all. Infection rate is 10-20 times more than what is reported. Are you kidding me? With a open border, they are able to contain it waving a migic wand of Merlin? I do beleive India's number because they have closed all borders early in March and put a complete travel ban, inclduing for permanent Indian residents. Only citizens are allowed in. That's the only way to contain it. No other means can contain it. Thailand should immediately close its borders and put a complete travel ban for UK, Europe, and USA if they want it not to get out of control.
It's too late for Thailand. They already let in too many Chinese, Koreans, etc...
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37 minutes ago, Crazy Alex said:
Actually, the truth coming out is the issue at hand. The federal government *losing* case documents is problematic, assuming one supports an open justice system over Soviet-style show trials and gulag justice. Which side of the coin are YOU on?
As usual, when it comes from Trump's mouth, It's fake news. The lost documents could not clear him because they are not about what he is accused of.
"In September, Flynn's lawyers said the prosecution was unable to produce an internal Justice Department memo clearing Flynn of being a Russian agent.
A government lawyer on the case, however, declared the claims irrelevant, stating Flynn was not accused of being a Russian agent."
Europe is epicentre of coronavirus pandemic - WHO
in World News
Posted
Private banks such as DB are not particularly in good shape, but public and cooperative banks are more stable.