New coronavirus in/from China

Forum for general discussion of Peak Oil / Oil depletion; also covering related subjects

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Vortex2
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Post by Vortex2 »

clv101 wrote:
stumuz1 wrote:Don't know if it has already been posted, here is covid-19 home care guidance for when you turn your home into a mini hospital.
I don't buy all this stuff about avoiding infection. We know it's infectious before showing symptoms. Once you, or a close family member gets sick it's very likely others in the household will already be infected. If one of us or the children gets sick, we're not going to attempt to prevent cross infection within the household.

Given just how infectious it is, without lots of specialist equipment and training is probably hopeless any way. Lots of healthcare works have become infected.
This quote from the guide is key - the last thing you want is not knowing who to call or where to go if someone gets sick.

A communication link with a health care provider/public health personnel should be established for the full duration of the home care period until the patient complete resolution of symptoms
stumuz1
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Post by stumuz1 »

clv101 wrote:
I don't buy all this stuff about avoiding infection.
Agree. But I think the guidance by the WHO is more about not spreading the infection rather than preventing getting the infection.

I spend a lot of the winter in the canaries. Noro virius, winter vomiting bug, food poisoning, etc are all rife out there in the winter which takes down the oldies.

When i'm out there I wash my hands 20+ times a day, and touch wood it has done the trick. Back home my hands get washed after the loo and before touching food only.

Plus, if we do get a pandemic, we won't be going to hospital.
stumuz1
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Post by stumuz1 »

Vortex2 wrote: : so will the government issue a moratorium on debt payments etc during the coming crisis?

Or will those with money use the opportunity to buy up companies, houses and other assets at rock bottom prices?

Thoughts?
TPTB will do anything to keep the system going for as long as possible. There has been so much debt issued that the banks/gov/rentier class cannot allow defaults on debt. I wish I was wrong. Who foresaw the bailing out of the banks using printed money, which never stopped.

US stock market at all times high= printed money.
Zombie companies being kept afloat= printed money.
Banks which should be bankrupt= printed money.
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PS_RalphW
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Post by PS_RalphW »

Vortex2 wrote:Personal economics:


Life will get very tricky!

However millions will be in the same position : so will the government issue a moratorium on debt payments etc during the coming crisis?

Or will those with money use the opportunity to buy up companies, houses and other assets at rock bottom prices?

Thoughts?
Boris 'disaster capitalism' Johnson? He will offer you a special government rate loan of only 10% pa automatically transferred to your descendants in perpetuity.
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Vortex2
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Post by Vortex2 »

There has been so much debt issued that the banks/gov/rentier class cannot allow defaults on debt.
Hmm .. a freeze is not the same as a default .. especially if interest is charged.
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UndercoverElephant
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Post by UndercoverElephant »

Vortex2 wrote:
Thoughts?
Sex work is not the best business to be in right now.
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UndercoverElephant
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Post by UndercoverElephant »

stumuz1 wrote:
Vortex2 wrote: : so will the government issue a moratorium on debt payments etc during the coming crisis?

Or will those with money use the opportunity to buy up companies, houses and other assets at rock bottom prices?

Thoughts?
TPTB will do anything to keep the system going for as long as possible. There has been so much debt issued that the banks/gov/rentier class cannot allow defaults on debt. I wish I was wrong. Who foresaw the bailing out of the banks using printed money, which never stopped.

US stock market at all times high= printed money.
Zombie companies being kept afloat= printed money.
Banks which should be bankrupt= printed money.
TPTB managed to avoid an economic meltdown in 2008 by printing money and keeping interest rates near zero, and then implemented "austerity". Two of those bullets are gone now: you cannot lower interest rates any further, and the public will not tolerate another decade of "austerity". So printing money is all they have left.

I have no idea whether or not that will work again, and no idea whether they can keep a lid on the price of gold.
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Vortex2
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Post by Vortex2 »

So printing money is all they have left.
So how will that pay my bills when I am holed up on my land for several weeks with no income?
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UndercoverElephant
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Post by UndercoverElephant »

Vortex2 wrote:
However millions will be in the same position : so will the government issue a moratorium on debt payments etc during the coming crisis?
I don't think it will have that option. Top of a very slippery slope that leads to economic apocalypse.
Or will those with money use the opportunity to buy up companies, houses and other assets at rock bottom prices?
Very likely, yes.

A lot of people are going to go bankrupt, as well as companies of all sizes.
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UndercoverElephant
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Post by UndercoverElephant »

Vortex2 wrote:
So printing money is all they have left.
So how will that pay my bills when I am holed up on my land for several weeks with no income?
You won't be able to pay your bills. Lots of people won't be able to pay their bills. And that means the people they owe money to will also end up in trouble. A lot of private landlords will end up with tenants who can't pay their rent, threatening a massive backlog of eviction cases (which take months already).
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Vortex2
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Post by Vortex2 »

You won't be able to pay your bills. Lots of people won't be able to pay their bills. And that means the people they owe money to will also end up in trouble
.

If i were 110% sure that doom is around the corner I would be tempted to write to anyone I owe money to informing them that I will be offline for a while and they will need to put my account on hold.

That would allow me to use the cash I do have to survive for a while.

Tricky decision .. probably the end of my business.
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adam2
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Post by adam2 »

vtsnowedin wrote:Would a teaspoon of chlorine bleach in a gallon of water serve?
Only up to a point.
A dilute bleach solution will kill most bugs, but is not ideal for regular hand washing, and does of course require water, and then means of drying the hands.
Alcohol based sanitiser is useful as either a "second line of defence" or for circumstances when washing with water is not convenient.
Alcohol based hand sanitiser kills most bugs, and evaporates rapidly with no need for hand towels, which can spread infection.

Potable vodka would serve in an emergency but is rather a waste of an expensive highly taxed product.
Illegally produced liquor that may be unsafe to consume would be a cheaper alternative.
"Installers and owners of emergency diesels must assume that they will have to run for a week or more"
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UndercoverElephant
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Post by UndercoverElephant »

Vortex2 wrote:
Tricky decision .. probably the end of my business.
What is your business?
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Vortex2
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Post by Vortex2 »

UndercoverElephant wrote:
Vortex2 wrote:
Tricky decision .. probably the end of my business.
What is your business?
Technical consultancy.
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