Results 661 to 675 of 1818
Thread: CoronaVirus ==> Empty Shelves
-
25th March 2020, 12:34 PM #661
There are some seriously deep disruptions barrelling down the pipe with bonds, repos, currency and commodity contangos... and various fiscal stimuli.... Jesus H Christ, the positions in/on derivatives are simply beyond belief (!!!!!!). Leverage, OMG, the numbers are insane. I, personally, think that we are about to see some seriously huge and incredibly violent movements in currency valuations.... the USA is about to print to oblivion.... the old AUD dollerydoo might yet spike directly upward like a meteorite.
The markets are nuts. The trades are nuts. Everything is a COMPLETE shitshow.
BUT, you are right, we need tools I'm thinking of buying a plane with any free loot
You lucky bastard
-
25th March 2020 12:34 PM # ADSGoogle Adsense Advertisement
- Join Date
- Always
- Location
- Advertising world
- Posts
- Many
-
25th March 2020, 12:42 PM #662
-
25th March 2020, 05:45 PM #663Woodworking mechanic
- Join Date
- Jan 2014
- Location
- Sydney Upper North Shore
- Posts
- 4,470
I’m pretty sure the ice rink morgue is in Spain.
Email this morning from “the boss” to say TAFE is pausing classes for two weeks so we can set up to go mostly online.
Happens from next Monday. Online will start up after the Easter Holidays so we have two weeks to get it up and running.
-
25th March 2020, 05:47 PM #664Woodworking mechanic
- Join Date
- Jan 2014
- Location
- Sydney Upper North Shore
- Posts
- 4,470
I’m pretty sure the ice rink morgue is in Spain.
Email this morning from “the boss” to say TAFE is pausing classes for two weeks so we can set up to go mostly online.
Happens from next Monday. Online will start up after the Easter Holidays so we have two weeks to get it up and running.
-
25th March 2020, 07:04 PM #665
-
25th March 2020, 07:51 PM #666GOLD MEMBER
- Join Date
- Mar 2015
- Location
- Melbourne, Vic, Australia
- Posts
- 1,255
-
25th March 2020, 08:31 PM #667.
- Join Date
- Feb 2006
- Location
- Perth
- Posts
- 27,792
A bit of light relief. OK its not for everyone
Can't help thinking that even this would have more impact than any add the Govt has put out so far..
-
26th March 2020, 07:52 AM #668SENIOR MEMBER
- Join Date
- Jun 2009
- Location
- Elizabeth Bay / Oberon NSW
- Age
- 76
- Posts
- 934
It occurred to me after a yarn yesterday with a neighbouring farmer than social distancing is normal practice for people on the land. We were at least 2.5 metres apart as usual. It's different in town much less Sydney.
mick
- - - Updated - -
-
26th March 2020, 10:54 AM #669
Good News from Italy ?
Finally, the massive efforts of Italy may be starting to pay off. The number of new cases of COVID-19 has been trending down for the last three days, as highlighted by the red arrow.
Another two days of similar trending and it will be statistically significant.
This is not to say that there will not be a lot more pain. Italy still has over 57,000 active cases of which 3,500 are serious or critical. There will be more deaths, but they are probably on the up-slope.
[Usual qualifier as I do not know reliability of source.]
-
26th March 2020, 11:12 AM #670.
- Join Date
- Feb 2006
- Location
- Perth
- Posts
- 27,792
My lads latest 3D printed face shield head band and easily removable/replaceable clear plastic file divider spatter shield.
3Dshield.jpg
-
26th March 2020, 01:58 PM #671SENIOR MEMBER
- Join Date
- Mar 2018
- Location
- Sydney
- Posts
- 469
I know this should be in a joke post but here is is anyway.
Maybe this would work in Bondi...
Sent from my SM-G973F using Tapatalk
-
26th March 2020, 02:25 PM #672.
- Join Date
- Feb 2006
- Location
- Perth
- Posts
- 27,792
-
26th March 2020, 02:47 PM #673GOLD MEMBER
- Join Date
- Mar 2015
- Location
- Melbourne, Vic, Australia
- Posts
- 1,255
Putting aside the direct health risks of this virus, the thing that both worries me the most and angers me the most, is that the economic impact and the inequitable outcomes that it will drive are not due to the virus at all but the last 40 years of irresponsible monetary, fiscal and overall government policies.
The fragility of our entire system, brought about by the extreme leverage taken by corporations, smaller businesses and individuals (insane mortgage) debt) that was facilitated through centrally manipulated suppression of interest rates and loose government policies as well as prior bail-outs, is why we will now see such devastation and annihilation of the world as we know it.
We haven't even started proper lock-downs and people, individuals and businesses, are screaming for the government to help them, as if the government can magically create real wealth. I've always planned for at least a couple of months without work and never extended myself financially beyond the ability to support myself and family - to my detriment in terms of investment returns / asset bubble gains. I'm not sure if people understand that the people support the government not the other way around. The government can only provide something to someone if they take it from someone else. This will lead to grossly unfair outcomes, with some responsible people (and future generations of taxpayers) footing the bill to cover many people and businesses that lived large and consumed beyond their means while times were good, rather than saving for, and investing in, the future. Shame on those people who are now sticking their hands out. Of course we must help them, I would never walk by and let a neighbor starve, but it doesn't make it fair or equitable.
Not only that, but I fear that the entire system is going to break-down given how much money the USA and even our central bank is creating and how badly they are distorting the financial markets. I fear that the fall-out from this catastrophe will be worse than any direct effects of the actual virus itself.
Anyway, let's see. In any event as a best case I predict massive inflation in basic goods, a huge wealth transfer from the middle-class and any savers as well as future generation(s) and far more socialist policies and central control by governments going forward.
We should be supporting each other and behaving responsibly with regard to saving, consumption and investment, but instead we go the other way and think that the government will be our parents and look after us.
Cheers comrades,
Dom
-
26th March 2020, 03:01 PM #674
-
26th March 2020, 03:02 PM #675.
- Join Date
- Feb 2006
- Location
- Perth
- Posts
- 27,792
Had to take one of the dogs (Willow) to vet about her eye. Not permitted to wait in Vet waiting rooms, have to wait outside or in car with AC running as it was 34ºC in the shade and call the Vet when we arrive. When they are ready we had to bring Willow to door and they took her in. Then when ready to release the vet calls us to go back to the door to pick up. All very sensible really.
Turns out Willow has something stuck in her eye and will have to have a general anaesthetic to have it removed. More bloody $$$$.
Similar Threads
-
CoronaVirus ==> Empty Shelves
By GraemeCook in forum WOODWORK - GENERALReplies: 94Last Post: 4th March 2020, 07:30 PM -
Sent box empty
By Flintlock in forum FORUMS INFO, HELP, DISCUSSION & FEEDBACKReplies: 3Last Post: 21st September 2019, 06:20 PM -
Empty Cage
By Rodgera in forum WOODIES JOKESReplies: 0Last Post: 16th March 2012, 08:45 PM -
Post Empty???
By johnomg in forum FORUMS INFO, HELP, DISCUSSION & FEEDBACKReplies: 3Last Post: 6th October 2009, 01:26 PM -
TEA LADY Empty you PM box!
By mic-d in forum WOODTURNING - GENERALReplies: 16Last Post: 16th February 2009, 01:07 PM