Coronavirus 2019-2020 thread (no unsubstantiated rumours!)
- Thread starter localizer
- Start date
PiSigma
"the engineer"
Correction. Swine flu is American because it's an American owned farm near the border. Don't Americans always declare American owned land as American soil?
Don't forget Spanish flu is American too.
A lot of these old fools will get I'll, and hoard medical resources so the plebs can't get it.
AssassinsMace
Lieutenant General
Today the news is filled with rehashing earlier accusations that China tried to hide the coronavirus from the world. Ironically it's because they want to cover-up US embarrassment of it's handling. Is that the way it happened? Sounds no different from Trump's denial of how serious coronavirus was to him.
I saw on CNN from their China reporter a couple weeks back a different version. He said it was the local officials in Wuhan that screwed things up and when it went out of control, that's when Beijing swooped in with military precision and that's why the world saw China doing a complete turnaround in the handling the coronavirus. When you look at China's debt, it's mostly from local government irresponsibility. So why is it hard to believe the local government screwed things up? That doesn't fit the usual suspects' anti-China agenda because they want to "prove" the communist government that they never liked wasn't capable of governing China and hoped it would start what... an Arab Revolution in China. Just imagine if China did it their superior way. China would be in a much worse situation. It's not working in the US but somehow they think it would've worked in China?
I saw on CNN from their China reporter a couple weeks back a different version. He said it was the local officials in Wuhan that screwed things up and when it went out of control, that's when Beijing swooped in with military precision and that's why the world saw China doing a complete turnaround in the handling the coronavirus. When you look at China's debt, it's mostly from local government irresponsibility. So why is it hard to believe the local government screwed things up? That doesn't fit the usual suspects' anti-China agenda because they want to "prove" the communist government that they never liked wasn't capable of governing China and hoped it would start what... an Arab Revolution in China. Just imagine if China did it their superior way. China would be in a much worse situation. It's not working in the US but somehow they think it would've worked in China?
At the time, I wondered was a national level lockdown really required, rather than just Wuhan?
With the benefit of hindsight, I can't find much fault with the actions after the emergency Wuhan lockdown after January 24th, given what they knew and the capabilities available then.
But of course, there were many serious errors and cover ups made at the local level before this.
And going forward, I think China now has the infrastructure to move to a South Korea approach, to keep it manageable whilst operating as normally as possible.
Plus I'm currently seeing how supermarket shelves are being emptied out in Europe and the USA out of panic.
And thinking it would have been far worse if the same had occurred in China, and the mass panic that would have occurred all over the nation when it really was an unknown disease.
I have a feeling that next months will painfully prove the systemic superiority of the Chinese approach and ability to respond. Now the state has the power and the numbers. I would like to see what would have happened if the markets were let alone to "self adjust". All this cash
floding the market is technically inflation?
But is anyone actually spending that cash to cause inflation?
And what is the purpose of a banking system in the first place?
The core purpose is simply to aggregate savings from a large number of individuals or companies, and then lend that money out to different parties.
So personally, I think banking should be safe, boring and low-risk like in Germany or Hong Kong for example.
Otherwise risky lending ends up with the profits privatised while the losses are socialised.
And in an economic crisis, it is a lot easier for the government to bail out a bank it already owns, with the profits that were generated beforehand.
Right, I'm the "troll" spamming reddit videos as arguments lolz.
But yea, I'll stop posting on your thread, so that you carry on with your apocalypse planning.
p.s. make sure to get more toilet paper
It is a Strawman, because you took that comment out of its given context of people fighting over bottles of water in grocery stores. That type of stuff is only appropriate for World War Z and the zombie apocalypse. So yea, compared to that, it is "fairly bengn."
Have a good night
Firstly, South Korea isn't out of the woods yet. It would take at least another week or more to see if the virus is truly contained. Secondly, without a drastic national lockdown in China, I don't think the virus can be contained. It is Chinese News Year and there are enough social gatherings to spread the virus and make any half-hearten attempt fruitless. The lockdown is a necessary and the only way to beaten this virus.
Agreed. But the lockdown should have been lifted sooner. My impression was the central government tried to have a phased restart of the economy fairly soon after the CNY extended holidays (15 days after CNY) but local governments were either reluctant or incapable of implementing a phased restart. In particular the inland townships and villages (labor exporters) had a lot less to gain from lifting the lockdown than the coastal regions (labor importers). One among many problems with China's governance that were exposed by this outbreak.
No! I just called the meaning of inflation. After the shock some branches of the economy will be devastated or hardly reshaped others,on the other hand, will enjoy huge profits...while the losses are socialized. Very true my friend