Coronavirus 2019-2020 thread (no unsubstantiated rumours!)

B

B.I.B.

Captain
This can only happen in Victoria Australia

people staying at a Victoria quaritine hotel are at risk although a small one are at risk of being infected with HIV after a stuff up during the covid testing procedure.

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In Australia, more than 200 people who underwent hotel quarantine in Victoria have been urged to get tested for HIV and other viruses after a testing stuff up resulted in possible cross-contamination.

Safer Care Victoria announced yesterday that 243 people who underwent blood glucose level tests while in hotel quarantine between March 29 and August 20 could be at risk of contracting a blood-borne virus after the same test was used on multiple people.


Blood glucose level testing devices intended for use by one person were used across multiple residents," Safer Care Victoria said in a statement.

"This presents a low clinical risk of cross-contamination and blood-borne viruses – Hepatitis B and C, and HIV.........."
 
AssassinsMace

AssassinsMace

Lieutenant General
CNN website is not CNN TV. It's ironic because watch CNN TV and they'll tell you China's contact tracing methods are bad and something no one should follow. They don't know what draconian is. Draconian would be taking anyone who gets sick and killing them and then incinerate their bodies just to be sure. What do you call it when they do the opposite what China's doing just out of principle because they're suppose to be superior in everything?
 
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ansy1968

Brigadier
Registered Member
AssassinsMace said:
CNN website is not CNN TV. It's ironic because watch CNN TV and they'll tell you China's contact tracing methods are bad and something no one should follow. They don't know what draconian is. Draconian would be taking anyone who gets sick and killing them and then incinerate their bodies just to be sure. What do you call it when they do the opposite what China's doing just out of principle because they're suppose to be superior in everything?
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Hi AssassinsMace,

I think little by little their narrative about China threat is being debunk, so they had to report it as it is with a little spin.
 
AssassinsMace

AssassinsMace

Lieutenant General
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What made me read this article was I saw another article from the National Review first and it was purely attacking the author for this Washington Post editorial. Columnists attacking other columnists for the public to read? That's how petty the US media has become. Before his reputation today for being a conservative Republican that hates Trump, I've heard of Max Boot but never read his articles much but I knew he was anti-China. National Review is all-in on Trump. Even Trump is telling everyone don't believe the science so what problem does the National Review have with someone saying China is following the science while the US is not? It's true. Just because it's China? And they think they're not the liars they accuse of China. What makes the US different from those countries that lie to their people all the time who they point their accusatory finger? So who's worse? A country where their leaders lie to their people or a country that points the finger at other countries for lying to their people while lying to their own people at the same time?
 
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AndrewS

Brigadier
Registered Member
plawolf said:
What do you think those 15-29 employees at hedge funds actually do? Making trades isn’t their main job, that’s literally just a few keystrokes these days. Their main job is to do the research to determine which trades to make, and reading mainstream newspapers or magazines most certainly does not come close to covering it.
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The vast majority of hedge fund strategies in the West are not China-specific.

So why are you saying that the average hedge fund in the West has the in-house expertise and inclination to independently keep abreast of Chinese media reports and also understand what is happening?

They rely on mainstream media reporting to keep abreast of big events or trends that occur, outside of their specific areas of expertise.

That triggers more indepth analysis internally or perhaps with an expert consultant.

But the average fund in the West doesn't have the expertise inhouse. Nor are there many experts living in the West who can forecast what will happen in China, partly because of the language barrier and also because you need to be on the ground to obtain accurate information.

So what I'm saying is that the mainstream financial media does matter. Remember that these subscriptions cost money,

I’m not sure where you are getting all these lost billions from. Do not make the mistake in assuming that just because the stock market falls overall that people aren’t making money.

The hedge funds rarely loose money, its the little guys who base their decisions on newspapers and magazines gets wiped out.

Hedge fund managers will pay attention to mainstream newspapers and magazines to see what the sheeple have been programmed to think, and then they can take advantage of knowing what those people are likely to do to take them for all they got.
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You do realise that the average hedge fund returns LESS than a passive index tracker. Funds actually die out all the time.

I agree that its the little guys who tend to get taken for a ride, but remember that the funds are competing against other funds and organisations. So the slowest or most ill-informed funds end up losing (or not making) billions.


Hedge funds have had a rotten decade. Star managers were once perceived to be infallible “masters of the universe” who made money for wealthy individuals and big institutional investors in both good times and bad. But steep losses during the global financial crisis of 2007-09 tarnished that reputation, and subsequent returns have failed to resurrect past success. The result has been a humbling comedown. Many of the hedge-fund industry’s biggest names—like Leon Cooperman, who ran Omega Advisors, and Eric Mindich, once the youngest-ever partner at Goldman Sachs—have thrown in the towel, returned investors’ capital and converted their hedge funds into family offices.

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