The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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BB. That is a very valid point, I'm not aware of any studies that have shown the increase in cancer deaths, and those you mentioned etc etc due to lack of capacity. All these things are interrelated. Getting a true perspective on them is difficult. Many of the things you rightly mention are recurring third world issues, unlike those, Covid has effected the first world, so gets more attention.
Covid- a very convenient distraction from the nefarious actions of western governments.
Some thing I said from day one. RTA kill about 2+ million people per year around the world, child starvation (preventable) kills a child every 10 secs of every minute, of every hour of every day!!
And we are worried about a flu that is putting old and unhealthy people in the firing line.... save the kids, let the old go to a better place (if that is what they believe)
Ford.
"Covid- a very convenient distraction from the nefarious actions of western governments." Maybe you're not from the U.K.
but don't you mean ALL industrialised or richer nations? Do they not all take advantage of the third world when it suits them? What ones are blame free to any degree?
jotom, I make the distinction based on weapons suppliers, not industrial or richer nations. China has a huge presence in Africa, yet do not participate in weapon sales to places of war, like Yemen, where the sides are very clear for all to see.
Selling weapons to create or prolong war only affects the helpless and poor, they suffer the most.
Every country that has a knee on the neck of poor countries have to be blamed too.
https://chinapower.csis.org/china-global-arms-trade/
China is a global weapons sale player and has it's fingers in a few pies as a cold war position. It is building it's world base using soft methods at the moment allowing direct access to Chinese forces to base overseas if it wishes, rather like American military bases overseas. Chin is a little late coming to the game, the power transfer has only really begun in earnest in the last 15 years or so. But China is rapidly taking over as the new superpower and will by default get it's military exports in more war zones. It relies less on copying technology and can now create its own as it has matured over the last decade or so. It is a very serious threat now and has world plans to have us all speaking mandarin and operating Chinese style governments. It will all kick off with Taiwan. People were worried Trump would press the big red button. Sleepy Joe won't be able to stop pressing it once he starts!
Ford, so you're saying that china stripping natural resources from nations wholesale, whilst protecting it's own, committing those nations to crippling debt and conditions is of no harm or does not leverage control over them?
https://www.scmp.com/news/china/military/article/3139603/how-china-grew-buyer-major-arms-trade-player
"Is China also a major arms exporter?
China has decreased its dependence on foreign weapons and expanded its military production capabilities in recent years, becoming the world’s second largest arms exporter behind the US in 2017, according to research by SIPRI.
From 2015 to 2019, China was the world’s second largest arms producer, SIPRI said. While it used to rely heavily on Russian imports, China’s advancements in weapon development have now placed it on par, or even ahead, of Russia."
Clearly you are not from the UK. But where are you from?
https://www.defensenews.com/global/europe/2021/11/30/leaked-crash-video-of-british-f-35b-shows-jet-dropping-off-carrier-ramp/
I am not cleared to fly military aircraft. But I think even I would have realised as I was going up the ramp I was a long way from the required velocity and would have slammed the breaks on able to bring the plane to a halt instead of taking it swimming.
jotom, I am from the UK, just don't live there anymore. Don't get me wrong, China is as guilty, my point is that US,Uk, Germany France are fuelling wars that let children die from hunger, don't detract from what I said and move it to asset stripping by China and allowed by corrupt leaders to continue
"my point is that US,UK, Germany France are fuelling wars that let children die from hunger" - history would second that view.. and more actually --> "stripping natural resources from nations wholesale, whilst protecting it's own, committing those nations to crippling debt".. oh, detention camps and genocide too.
they are all the same (recent china included).
Ford.
Ah, the emotive "fuelling wars that let children die from hunger". So crippling debt and undervaluing supplier countries natural resources does not do that also? Are you saying that a dictator in a country with a long term plan of expansion and dominance is any less corrupt as far as as the world is concerned? Or one of undermining democracies and sowing seeds of revolt and disharmony is good?
jotom, so you are saying that it is ok for US and UK to fuel wars so children can die? Got it!
As for "Or one of undermining democracies and sowing seeds of revolt and disharmony is good?" You still think you live in democracy? Nice try.
Pointing fingers while doing the same **** does not absolve you of responsibility.
This is about equality, maybe you think that is not a good idea, yet you are living in a pandemic. I will be honest, I could careless if all the old people over 70 died from covid, all the obese died, I do however care that kids are dying needlessly, perhaps you do not....
Ford.
Don't misquote me, or put words in my mouth as you are doing. You are letting your colours show. I have never said any such thing and you know it. What is clear is that All the richer countries have to change their policies. But clearly the same harmful ends can be achieved by different selfish means. That is apparent in geopolitics, I excuse no one. Who are you excusing?
jotom, you are happy to put words in my mouth to suit your agenda, yet are outraged if I do the same to you. Take a pill, you see anyone can play that game as you have done once again.
We can disagree if you wish, I'm ok with that, but to denigrate me or dismiss what I say as it does not suit you, you should expect blow back.
Ford.
PS. Keep on with the child dying narrative, if that's what you want to take advantage of, it's just so obvious. Disgusting. Did you get that idea from Qanon ?
Ford.
You clearly are trying to feign hurt now. It does not work. You have never equally apportioned blame to all, as it should be. That is your message. Only you know why that is. Others can guess for themselves.
Jotom, really? Qanon? Are you really that insecure and childish? Sounds like to me you are one of those.... take your pick. I reckon you are afraid to go outside without a hazmat suit on, yet sit behind a keyboard acting out like a petulant child.
Maybe you need a nap and a diaper change, this has become too much for you to handle? too woke maybe?
I can keep this up all day, do you really want me to?
Let's just agree to disagree, you and I will never meet in the real world, so just leave it at that. Have a nice day or whatever.
Ford.
Luckily people here can easily see what has been said and by whom. I need nothing more.
jotom, ??? moron!
Geopolitical politics aside ;)
SP is looking pretty healthy.
If we've priced in uncertainty around sleepy joe , which I'm sure we have then, the doom and gloom from the wu mau army didnt materialise. Probably just traders trying to make a buck before any announcements but seems like market is not that fussed.
Just checking out the sp and I see something quite unique. We have a spread of +4% to -1% across the sector. We don't normally get that. Block trading out of sync? Variables being reset? An interesting overview. Easy J is my focal point, waiting for the takeover rumours.
I've also noted my investing.com live market sp are sticking a lot over the last few days. Sometimes they will stick straight away and other times go on for sometime before hanging. I wish the app developers would just leave them alone. They cannot stop fiddling about and ruining them. The number of great perfectly working apps I eventually deleted because the developer kept messing it about until it just failed.
Great to see we're in the mid-ish thirties, the vol has slowed nicely to around average at this time of day anyway. Hopefully we're over the worst of it. More dry powder around just in case; however I would rather start buying as we start rising again. Next week or two critical to my mind on the spread of the Omnibus (Clapham mutation?).
Time for some Kallo crackers and a swift Shandy Bass before BBC's The Outlaws. (second episode hilarious (bit rude though in places). GLA
JTOM, the mortality is nowhere near 0.1% for the population. Mortality rate for healthy under 60 year olds is around 0.006%.
Retirees need to be legally enforced to stay at home. This issue has been caused by their inept immune systems. The rest of us normally don’t even know that they have it
https://nypost.com/2021/12/02/biden-heats-up-covid-travel-rules-makes-insurance-cover-testing/
VIX is up since the news of Omicron in the US. Lets see what happens when the US market opens today.