Originally Posted by Turnleft080
(Post 10726310)
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. |
Originally Posted by Lead Balloon
(Post 10727316)
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!
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Politicians super is protected
Originally Posted by SOPS
(Post 10727641)
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? |
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. & |
Originally Posted by Sholayo
(Post 10727768)
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. & |
“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. |
Originally Posted by Sorath
(Post 10727960)
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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If credit markets lock up physical cash will be 'valuable' It can happen. 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. |
Originally Posted by Paragraph377
(Post 10726008)
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.
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Suddenly those people lining up at the gun shops don’t seem quite so stupid.
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Originally Posted by kingRB
(Post 10728317)
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. |
Originally Posted by Paragraph377
(Post 10728376)
Yhe Federal Reserve is a joke, it isn’t even a bank. It’s a private cabal.
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Originally Posted by oicur12.again
(Post 10728002)
“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. 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. |
Originally Posted by Paragraph377
(Post 10726242)
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.
We could then get on with moving society forward without lingering rubbish from Bronze Age myths. |
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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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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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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Originally Posted by f1yhigh
(Post 10739881)
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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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 . |
Originally Posted by blow.n.gasket
(Post 10740858)
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 . That's my Nostradamus moment. |
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