Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
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In reply to the COVID-19 situation discussion we had last bank holiday and someone, I think it was Shark20 stated we were all wrong and we should not socially distance and spoil a loving relationship with our fellow earthlings, he was not liked for that selfish view, well another poster, Brookkers, posted this - 'Shark - your theory is being tested in Brazil ...'
Well, I have just seen the BBC one news, apparently, in Brazil, a person is now dying from COVID-19 every single minute, so goes to show the lockdown and social distancing did work for us in the UK and lets hope that advantage we have gained is not waisted by thoughtless people, very sorry for those who have succumbed from this disease..
And Jester16..
I doubt anyone will ask to see the final figures which wont be released until 2022 and the politicians won't go out of their way to show them..
I have some sympathy for the PM... if he ignores the virus and millions die they go down in history as the 'Plague Prime Minister' the Death Bringer.. if he lockdowns the country and we have few deaths he goes down as the 'Panicky'' Prime Minister who impoverished the nation.. but that we have prorata the highest number of deaths including anybody & everybody... could be his justification escape route.
Meanwhile statistics
Raw Numbers on June 4, 2020
6,632,682 confirmed out of global population 7,800,000,000
2,869,738 recovered (rarely mentioned)
3,371,818 ongoing
391,126 fatalities
Still never let a good crisis go to waste and if there isn't one, invent one!
Sun is shining.. hooray!
JoP
Whenever I use a hole-in -the-wall or chip and pin I always use the corner of another card to tap in. Not advice or anything, just saying what I do.
Good luck
Yes the 'care homes'
Who have no clue as to how to care for their residents..
I couldn't believe on ch4 news a coupla weeks back.. carers hugging residents.. no one has any idea where the carer was or mixed with after leaving work??
no PPE.. well thats the care home not getting supplies in..
Just a little common sense...
the Care Homes are not fit for purpose!
That will be the defining factor what the total deaths are for year so you can base it off previous years because 40k deaths is alot but when you look at statistics it's nothing out of the ordinary.. people will say weve had lockdown that as saved lives maybe so but look at the amount of deaths that are in care homes? Some lockdown that.... let's see end of year stats then we can question why theyve fecked the economy to go with it and cost the tax payer billions
yes we were well overdue a recession.. and who would be to blame.. those in power who have watched over the expense of cash in the system.. Trump campaigned against that.. but quickly followed his predecessors and printed more!
Both trump & johnson told us there was no need to worry... then johnson told us the NHS will be overwhelmed so we must social distabnce & self isolate.. to ''Save the NHS''
Then came the lockdown.. and the economy will suffer its own virus and no lockdown will stop that.
Next will come the recession they are calling it the Coronavirus Recession... and should it get worse the Covid Depression.. those who flooded the world economy have their scapegoart for the oncoming financial disaster.. the virus.. which cannot answer to the charges against it.
our government reports today ..
''Total number of COVID-19 associated UK deaths 39,904. Deaths of people who have had a positive test result confirmed by a Public Health or NHS laboratory''
which surely means someone run over by a bus who tested positive would be included!
Lets see what the total deaths within a 12 month period turn out to be. Covid may well have brought deaths forward i.e. those whose chance of living out 2020 were non existant may well have been brought forward to the first six months of the year.
Life isn't much fun is it not for the old, or the young mourning.... but then a short watch of Attenborough's documentaries teaches us about life on Earth!
Happy Days!
Ian - 11.32
I went to my local hole in the wall for some cash yesterday the man in front of me who told me to be careful as he saw a youth spitting over the keyboards of the cash machine as he arrived, with that attitude I think we could face a spike,
disgusting!
J
it would indeed be a tragedy if in the aim of getting a vaccine out ASAP that more people died of Covid19!
Many people will go under throughout this seadog, it's the nature of the beast, Very fortunate that it's business as usual here at eurasia mining tbh.
GLA
Vaccine - correct -
https://www.ft.com/content/4b216c2e-2558-4308-b9c2-bf805b08e949?fbclid=IwAR3Y39N0jR44OUF0ydW_ihCWByZ7PWX5kNvCfqDLFylrD6pMWXa2RG5xDrY
GLA
Hi ftsidow, thanks for your response,
I hope you are correct, the 2008 was started in America by banks, this is slightly different and unique, take America for example it has a massive debt hanging over it but it's economy has been working well and been able to service that debt, if COVID disrupts the economy it may falter on its repayments, the same goes for most of the world living beyond their means, not a nice scenario to play out and don't ever expect it to but we don't want to end up like Venezuela as an extreme example of out of control inflation, as I say just musings..
All the best and thanks for your reply.
Maybe the fact that 2bn doses of vaccine are going into production has something to do with it, and this is not a rumour. DYOR
More info can be provided if you wish. JJ
Good morning,
Just watched a thing on YouTube about Hertz in the US. At the outbreak of Covid aif travel stopped, most of Hertz's cars are at airports, no one needed them anymore. Funny thing at the outbreak IIs sold their shares and they became cheap PIs pilled in and guess what? Hertz went bankrupt and the PIs lost all. Not only that but Hertz are now flooding the second hand car market with cheap cars to pay their creditors. Looks like a right mess and dodgy for Avis and Enterprise etc as well. I think the moral here may be beware of cheap stocks.
GLA
Can it be expected to continue?
If I was an ordinary person and I saw things perceived to be returning to normal I may hold more hope that it would continue.
I honestly think it will get much worse before it gets any better and would not be surprised if it was not just some dead cat bounce.
A certain companie in the banking sector has purchased no less than about 50'000 laptops to equip its staff so that they can work from home, how will the social distancing be expected to work in open plan hot desking office environments?
How will the comuter be kept safe on public transport?
How will you socially distance on an aeroplane?
America's unemployment is I believe 1:5 and may go to 1:4 before it's gets better!
Taxes across the board will have to rise to pay for the government expenditure!
Chatting to an old BT work colleague the term ' Self Install' has taken on a literal meaning with the Engineer not allowed to enter the customers premises and passing the equipment to them with the instructions connect the Blue and white wire pair to terminals A and B etc.
No Gas man to read the meter and more estimated bills.
This epidemic is going to have serious consequences in the short term and hopefully if a vacine is found things will return to normal, if not and it mutates we are all going to see a very different world and way of working, no one apart from a horror film writer could have envisioned that a few cases of COVID thousands of miles away in Wuhan China would contaminate the whole world and so quickly.
The thought that it was not just a fluke of nature and possibly man made is gaining more credence by the day it seems.
I have no idea, just posting some musings on the current stock market bounce and if it can continue or not.
The topic had been raised so just gave it some thought!