scubascuba3 Posted March 17, 2020 Share Posted March 17, 2020 I've decided that the financial impact is worse than the health impact, if we survive i think they will do things differently next time and perhaps focus on business and money first rather than health. Financial markets crashing pensions, investment savings drastically reduced. Money at risk with a run on the banks in Thailand and everywhere else. Massive job losses will happen in order for companies to survive. High number of companies will go under. Countries may decide that people should not pay rent, mortgages, gas, elec like France I can't see any light yet, only a vaccine and treatment will do that 1 Link to comment Share on other sites More sharing options...
Matzzon Posted March 17, 2020 Share Posted March 17, 2020 YES! Link to comment Share on other sites More sharing options...
sanemax Posted March 17, 2020 Share Posted March 17, 2020 Just now, Matzzon said: YES! No question was asked . Link to comment Share on other sites More sharing options...
Matzzon Posted March 17, 2020 Share Posted March 17, 2020 1 minute ago, sanemax said: No question was asked . It was not an answer anyway, so never mind. Link to comment Share on other sites More sharing options...
UbonThani Posted March 17, 2020 Share Posted March 17, 2020 Correct The old and sick die anyway Link to comment Share on other sites More sharing options...
CGW Posted March 17, 2020 Share Posted March 17, 2020 20 minutes ago, scubascuba3 said: Financial markets crashing pensions, investment savings drastically reduced. Money at risk with a run on the banks in Thailand and everywhere else. Massive job losses will happen in order for companies to survive. High number of companies will go under. Optimism, gotta love it ???? 2 Link to comment Share on other sites More sharing options...
PatOngo Posted March 17, 2020 Share Posted March 17, 2020 Just makes you love the Chinese even more, doesn't it? 1 Link to comment Share on other sites More sharing options...
scubascuba3 Posted March 17, 2020 Author Share Posted March 17, 2020 1 hour ago, CGW said: Optimism, gotta love it ???? What's your take on it? it's just like flu what's the fuss? Link to comment Share on other sites More sharing options...
CGW Posted March 17, 2020 Share Posted March 17, 2020 28 minutes ago, scubascuba3 said: What's your take on it? it's just like flu what's the fuss? It is what it is! if I get it - deal with it, for sure there is a huge amount of "scaremongering" going on, if I'm wrong about that and end up dead - Big deal - that's life! ???? Trust in "government" has risen enormously in recent weeks for some, not for me! Link to comment Share on other sites More sharing options...
plachon Posted March 17, 2020 Share Posted March 17, 2020 Yes, this is the start of a massive correction to the debt-bloated global economy that will lead to massive ramifications and consequences globally. It has been predicted for a long time and is long overdue. That it was triggered by a global pandemic will make it slightly worse. The US and developing countries with poorly developed health systems will be particularly hard hit, as will those with low savings and assets. However, having said this, it is not as serious as the climate change emergency and ecological emergency that is gathering pace - that will dwarf COVID-19 in its scale and consequences. Why do you imagine Extinction Rebellion have been out on the streets of capital cities around the world sounding the warning signal these past 18 months? Link to comment Share on other sites More sharing options...
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