CX allowed to continue cutting flights

[cannot]

https://www.scmp.com/news/hong-kong/transport/article/3096417/cathay-pacific-can-cut-schedules-until-march-2021-aviation

[dabz]

Not great news.
While Europe carriers are growing their networks and increasing loads weekly! We sit and wait for 0 cases for probably 10 years before we allow anyone into the country......

And then after 1 month you loosen restrictions and start to get coronavirus cases again and lock it all down again for another 10 years.
And this process repeats itself over and over and over...

[cxorcist]

And then after 1 month you loosen restrictions and start to get coronavirus cases again and lock it all down again for another 10 years.
And this process repeats itself over and over and over...
AKA how the West destroys itself without a single shot having to be fired by its enemies. For being so “enlightened” and “scientific”, we sure are dumb!

[Flex88]

AKA how the West destroys itself without a single shot having to be fired by its enemies. For being so “enlightened” and “scientific”, we sure are dumb!

Enlightened or "Entitled" ???

#CXIT

[raven11]

Agree with Cxorcist and flex....

The verdict from future generations will not be kind.

[Progress Wanchai]

AKA how the West destroys itself without a single shot having to be fired by its enemies. For being so “enlightened” and “scientific”, we sure are dumb!

Who on earth thinks the West is enlightened or scientific?

Oh, that’s right. The West.

Its not a pandemic or our reaction to it that will affect future generations. It’s our greed using borrowed money to provide a lifestyle we couldn’t afford unless we used the future to pay for it.
2008/2009 should have been the bust that always follows the boom in a truly capitalist system. Instead we borrowed and printed billions in an effort to avoid a massive downturn a decade ago. But we didn’t avoid it, we just kicked the can down the road for a few years while turning ourselves into a global version of Zimbabwe (except instead of inflating the price of a loaf of bread we inflated asset prices).

This time we’re printing trillions.
Enlightened and scientific?

[MENELAUS]

Who on earth thinks the West is enlightened or scientific?

Oh, that’s right. The West.

Its not a pandemic or our reaction to it that will affect future generations. It’s our greed using borrowed money to provide a lifestyle we couldn’t afford unless we used the future to pay for it.
2008/2009 should have been the bust that always follows the boom in a truly capitalist system. Instead we borrowed and printed billions in an effort to avoid a massive downturn a decade ago. But we didn’t avoid it, we just kicked the can down the road for a few years while turning ourselves into a global version of Zimbabwe (except instead of inflating the price of a loaf of bread we inflated asset prices).

This time we’re printing trillions.
Enlightened and scientific?

Sadly the ‘West’ doesn’t exactly have the prerogative on greed. And qualitative easing (never did fully understand that phrase...easing what exactly, other than any sense of fiscal responsibility ?)
Our immediate neighbours to the North have a pretty good handle on leveraged debt...the whole nation and it’s respective regional governments are perched on a giant Ponzi scheme.

[OK4Wire]

Good God, PW, you sound just like me!

And here's why '08 wasn't the bust it should have been: WTF happened in 1971? (https://wtfhappenedin1971.com)

[Landflap]

Globo ; When Gordon Brown stole chunks of my PP, it was call "Quantitive" easing. Didn't understand it either, then or even now. Cost me quite a bit though.

[MENELAUS]

Globo ; When Gordon Brown stole chunks of my PP, it was call "Quantitive" easing. Didn't understand it either, then or even now. Cost me quite a bit though.

Apologies. Quantitative it is. A@@e spellchecker.
Doubt Gordon Brown would have noticed the difference

[Busbuoy]

Apologies. Quantitive it is. A@@e spellchecker.
Doubt Gordon Brown would have noticed the difference
QuantiTAtive innit?

[cxorcist]

It goes way beyond monetary policy. Try the diabolical obsessions with unnamed Marxism, “diversity” (but not of thought), climate change, “social justice”, etc. Nations are ignoring and rewriting history to consolidate power on the left whilst silent majorities shake their heads and toss up their hands. Capitalism, democracy, whiteness, masculinity, and traditional nuclear family values are ALL evil.

This won’t end well for anyone. The herd is stampeding towards a cliff. Many modern western countries are hurdling rapidly towards becoming banana republics. South Africa comes to mind as instructive. Arm yourselves!

[Slasher1]

It goes way beyond monetary policy. Try the diabolical obsessions with unnamed Marxism, “diversity” (but not of thought), climate change, “social justice”, etc. Nations are ignoring and rewriting history to consolidate power on the left whilst silent majorities shake their heads and toss up their hands. Capitalism, democracy, whiteness, masculinity, and traditional nuclear family values are ALL evil.

This won’t end well for anyone. The herd is stampeding towards a cliff. Many modern western countries are hurdling rapidly towards becoming banana republics. South Africa comes to mind as instructive. Arm yourselves!

Yup.

Any government has little real assets or money. It can borrow, tax, or print (I guess coerce at gunpoint should be in there somewhere). Shutting the place down is not without consequence and huge inefficiencies have been willy-nilly injected along with the Wes Mouches trying to outdo each other by useless illegal draconian edicts creating a non working masked up faceless society of robots told to hide under the bed from life. With an assortment of self-righteous Karens taking up the role of communist party intermediates. Tax revenues will be way down and non-existant, borrowing is out of the question because there are few to borrow from with all the WuFlu insanity. Which leaves printing. It’s almost out of a dystopian novel. With Marxism waiting in the wings.

The WuFlu has been exploited in just about every way imaginable with total disregard for opportunity costs. While at the same time elements of the US are going full up Marxist dragging the usual suspects of dupes, drones, and useful idiots along for the ride.

I’d have somewhere defensible to go and a way to get there. This never ends well.

[Progress Wanchai]

It goes way beyond monetary policy. Try the diabolical obsessions with unnamed Marxism, “diversity” (but not of thought), climate change, “social justice”, etc. Nations are ignoring and rewriting history to consolidate power on the left whilst silent majorities shake their heads and toss up their hands. Capitalism, democracy, whiteness, masculinity, and traditional nuclear family values are ALL evil.

This won’t end well for anyone. The herd is stampeding towards a cliff. Many modern western countries are hurdling rapidly towards becoming banana republics. South Africa comes to mind as instructive. Arm yourselves!

The herd jumped off the cliff a decade ago. We’ve enjoyed the free fall as the free fall never hurt anyone. We’ve enjoyed the trillions spent digging a hole at the base of the cliff like Wile E Coyote delaying the inevitable. But all we’ve really done is accelerate towards terminal velocity making the impact even harder.

All the virus has done is halt the digging. It’ll be interesting to see if the trillions actually does succeed in digging a deeper hole. But it’s simply academic. The result will be the same regardless.

Globocnik,

I’m not arguing the West has a monopoly on greed and stupidity. The point being their reaction to the virus is not an aberration but is a perfectly consistent action.
I’m not sure how anyone seeing the reaction to 9-11 or the GFC can be surprised by the current situation. It’s not for me to say it’s right or wrong, it’s just consistent.

[Krone]

Its a good time to invest in a vehicle in hk.
Premium niche brands such as Tesla’s are down 30-40% year on year in the classifieds ( ie asiaxpat )

[cxorcist]

Its a good time to invest in a vehicle in hk.
Premium niche brands such as Tesla’s are down 30-40% year on year in the classifieds ( ie asiaxpat )
I would almost never call a vehicle an investment. The exceptions are collector cars or a vehicle that makes money.

[viking avenger]

What about a DB golf cart 🤑?