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Old 25th Mar 2020, 11:46
  #61 (permalink)  
 
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Originally Posted by Turnleft080
Really disappointed in the way our PM, Premiers, health ministers, doctors, the whole western world have approached this whole thing. Not one of them have said,
do not be scared of this virus what you should be scared of is your own immune system? In the past month not one mention of your own immune system.
The human body was designed with a self defence mechanism. So use it. Boost it. Food is your medicine, not the corner drug store. We all know
that any drug you take lowers your gut flora hence lowers your immune system. If your going to eat junk food, smoke, don't get enough sleep, no proper nutrition
no exercise then the coronavirus can't wait to incubate inside you. However if you do the reverse your immune system will be bullet proof. So the pollies advise
you to stay indoors get depressed, no sunlit Vit D vital for fighting infections, look at screens all day which all lower your immune system. So in one paragraph
I've mentioned immune system 5 times. I believe that's 5 nil to me health minster. I preach what I say I'm in my late 50s and never bought a drug in 20 years, only
supplements, and the last time I caught the flu was in my 20s. Don't forget to drink your 8 glasses of water too. Now if everybody did this
the virus would die in it's own tracks within weeks. Hence no one would of lost their jobs. No economy melt down.
Excellent post and spot on. The importance of self management in these times is real and will mitigate greatly any effects of the virus. I learnt this the hard way with fatigue overwhelming me and compromising my career. I hope people take this opportunity to spend time on yourselves and others while seeking the knowledge that exists to get the mind and body back into its natural state. Im 60 and have never felt better!!
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Old 25th Mar 2020, 11:56
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Originally Posted by Lead Balloon
If the hyper-inflation to which kingRB referred occurs, any cash you stash under the mattress will be worth less than toilet paper. Maybe that’s why people are hoarding toilet paper!
If credit markets lock up physical cash will be 'valuable' It can happen.
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Old 25th Mar 2020, 13:27
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Politicians super is protected

Originally Posted by SOPS
The ‘ boomers’ as you love to call us.. have just had millions knocked of their super. What makes you think we will
be in a position to retire early?
And whatyou are really going to hate hearing is that all Politicians superannuation is protected under legislation. That means, currently if a pilot has $2m in super, he has probably lost around 10%, or $200k. If a slimey Pollie has $2m in super he has lost.......$0. Plus he isn’t out of a job either. They naturally don’t like people knowing about this huge perk, but it’s true. So now you know why they really don’t give a **** if they crash the economy due to incompetence or deliberately. The Dealer never loses.


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Old 25th Mar 2020, 13:32
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Dear lamenting friends,
I am more hopeful than you for the same reason I was pretty sure Greta's BS will not kill air travel
.
There's so many jobs depending on air travel in non-direct way. Travel & leisure industry is obvious - but remember: these are restaurants, car rentals, diving schools, street food vendors, even groceries and pharamcies all around the glob. There are countries which depend mostly on tourism It's also very likely that some many national parks around the glob would be deserted and with most of it's animals killed to decorate houses and feed "traditional Chinsese medicine". I doubt that rhinos of Nepal, gorillas of Virunga and such would survive without rich visitors.

So there will be a lot of effort put to bring tourist back to Barcelona, Venice, Phuket and so on.

Have faith, brothers and sisters.
&
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Old 25th Mar 2020, 16:45
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Originally Posted by Sholayo
Dear lamenting friends,
I am more hopeful than you for the same reason I was pretty sure Greta's BS will not kill air travel
.
There's so many jobs depending on air travel in non-direct way. Travel & leisure industry is obvious - but remember: these are restaurants, car rentals, diving schools, street food vendors, even groceries and pharamcies all around the glob. There are countries which depend mostly on tourism It's also very likely that some many national parks around the glob would be deserted and with most of it's animals killed to decorate houses and feed "traditional Chinsese medicine". I doubt that rhinos of Nepal, gorillas of Virunga and such would survive without rich visitors.

So there will be a lot of effort put to bring tourist back to Barcelona, Venice, Phuket and so on.

Have faith, brothers and sisters.
&
Hope it's true... COVID hitting hard in Spain... mind-blowing. I was hoping to start training in April and I have postponed till October. Hopefully in two years it washes away and we can continue the tendency of growth, but it all depends on how harsh the economical situation is after COVID is no longer a major issue... peoples pockets are going to be empty.
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Old 25th Mar 2020, 17:32
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“but i'd be getting out of any cash positions and into precious metals / hard stores of value as quickly as you can.”

Agreed. There is a ****storm on the horizon the likes of which we have not seen.

Not sure what is happening in oz but here in the US, you can no longer find gold bullion for sale.
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Old 25th Mar 2020, 20:51
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Originally Posted by Sorath
Hope it's true... COVID hitting hard in Spain... mind-blowing. I was hoping to start training in April and I have postponed till October. Hopefully in two years it washes away and we can continue the tendency of growth, but it all depends on how harsh the economical situation is after COVID is no longer a major issue... peoples pockets are going to be empty.
Yeah spain is bad, if you are into aviation youtubers mentour pilot is based in pain is on lockdown atm
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Old 25th Mar 2020, 23:14
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If credit markets lock up physical cash will be 'valuable' It can happen.
credit markets wont be locking up - just look at what the US Federal Reserve announced on sunday night

https://www.bloomberg.com/opinion/ar...ld-of-leverage

"“there is an infinite amount of cash in the Federal Reserve. We will do whatever we need to do to make sure there’s enough cash in the banking system.”

If that statement alone doesn't chill you to the bone, I don't know what would.

When people start wondering why we pay taxes when Federal Reserves can print "infinite cash" - the system is going to collapse.


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Old 25th Mar 2020, 23:33
  #69 (permalink)  
 
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Originally Posted by Paragraph377
Don’t intentionally want to depress you, but people who understand the machinery of Government and understand how high level international agendas work can see that this crisis is much bigger than just a disease outbreak. The actions Governments are taking worldwide is unprecedented and far outweighs the risks. They will use this crisis to bring about plans and agendas years in the making.
Watch that video by the Intercept on that. And for heaps of very, very good investigative journalism, tune in to https://theintercept.com/

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Old 25th Mar 2020, 23:34
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Suddenly those people lining up at the gun shops don’t seem quite so stupid.
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Old 26th Mar 2020, 01:37
  #71 (permalink)  
 
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Originally Posted by kingRB
credit markets wont be locking up - just look at what the US Federal Reserve announced on sunday night

https://www.bloomberg.com/opinion/ar...ld-of-leverage

"“there is an infinite amount of cash in the Federal Reserve. We will do whatever we need to do to make sure there’s enough cash in the banking system.”

If that statement alone doesn't chill you to the bone, I don't know what would.

When people start wondering why we pay taxes when Federal Reserves can print "infinite cash" - the system is going to collapse.
Yep. They’ve got to keep that Ponzi scheme going until the very last minute. Quantitative easing, zero to negative interest rates, whatever they can do to keep a dead system alive. The USA alone has a likely debt of $250 trillion. The collapse has started and a painful reset is inevitable. The Federal Reserve is a joke, it isn’t even a bank. It’s a private cabal. People don’t even realise that.
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Old 26th Mar 2020, 01:48
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Originally Posted by Paragraph377
Yhe Federal Reserve is a joke, it isn’t even a bank. It’s a private cabal.
It is actually owned by the banks themselves. Congress even studied the interlocking relationships between the banks and directors in 1976: Federal Reserve Directors: A Study of Corporate and Banking Influence : Staff Report for the Committee on Banking, Currency and Housing, House of Representatives, Ninety-Fourth Congress, Second Session

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Old 26th Mar 2020, 04:51
  #73 (permalink)  
 
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Originally Posted by oicur12.again
“but i'd be getting out of any cash positions and into precious metals / hard stores of value as quickly as you can.”

Agreed. There is a ****storm on the horizon the likes of which we have not seen.

Not sure what is happening in oz but here in the US, you can no longer find gold bullion for sale.
Totally agree and have been doing this for years. However, my concern is that they will ‘pull a Roosevelt’ on the people, again. For those who have mot studied economics or history in general; “Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States".

The bastards can change any rule or law as and when they see fit. Goal posts that are not set in stone. I do not trust any western Government to ever act honestly and in the best interest of the people. There is always a catch.

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Old 26th Mar 2020, 13:11
  #74 (permalink)  
 
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Originally Posted by Paragraph377
Why not? Religion is filled with Pedo’s, are exempt from paying tax, cost the Commonwealth hundreds of millions in inquiries and they are worth billions of dollars, possibly more. Doors were shut yesterday so why not take advantage of that and leave them shut for good and take all of their money to prop up the rest of society. Got nothing to do with end of days mate. More like commonsense.
If it did happen and they stayed shut, my only response would be ‘about bloody time’.

We could then get on with moving society forward without lingering rubbish from Bronze Age myths.
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Old 28th Mar 2020, 21:59
  #75 (permalink)  
 
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Here in the US we don't have any viable choice but to travel by air for long distances. I think it'll pick up here sooner and faster. Our passenger rail infrastructure has been purposely neglected to the point of near obsolescence and people aren't interested in a three or four-day drive. How and which US airlines will survive is an interesting thought exercise since regionals tend to be more on the edge, and keeping service on the non-major routes may require regionals to be completely absorbed into the surviving majors. The aircraft are already configured so we'd have to accept the pitch and density inside, though for the interim middle seats could be kept empty, etc.
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Old 28th Mar 2020, 23:02
  #76 (permalink)  
 
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Regionals will be subsidised if required to maintain essential services. Possibly a single turboprop flight a day but communities won’t be cut off.
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Old 5th Apr 2020, 01:30
  #77 (permalink)  
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Rumour spreading that Cobham to grow and become new domestic competition for QF if VA goes under? I don't see Cobham 737s being a thing but it's just a rumour after all...
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Old 6th Apr 2020, 00:41
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Originally Posted by f1yhigh
Rumour spreading that Cobham to grow and become new domestic competition for QF if VA goes under? I don't see Cobham 737s being a thing but it's just a rumour after all...
Has anyone told Cobham about that!
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Old 6th Apr 2020, 02:17
  #79 (permalink)  
 
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Would a post COVID19 predicted secular Bear market environment , be conducive for the breaking up of the Qantas / Jetstar bastardised Union ?
A perfect excuse to fend off accusations of a monopoly in the event of Virgin not existing if and when the forced shutdown of the Worlds economy is finally reversed .
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Old 6th Apr 2020, 02:30
  #80 (permalink)  

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Originally Posted by blow.n.gasket
Would a post COVID19 predicted secular Bear market environment , be conducive for the breaking up of the Qantas / Jetstar bastardised Union ?
A perfect excuse to fend off accusations of a monopoly in the event of Virgin not existing if and when the forced shutdown of the Worlds economy is finally reversed .
Can't see QF giving up their LCC, who would subsequently undercut them with a lower cost base from Day 1. If anything, I'd foresee QF running a diminished Domestic network & leaving most of that to JQ, and JQ running a diminished International network (read Bogan destinations) with QF going back to its roots predominantly.
That's my Nostradamus moment.
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