New coronavirus in/from China

Post by **kenneal - lagger** » 24 May 2020, 08:27

UndercoverElephant wrote:,.........

Looks to me like we are heading towards an economic meat-grinder. Slashing spending isn't an option, because that just deepens the depression, so they must choose between money-printing without end or borrowing without end. I don't see a way out. We'll end up with people's living standards being driven downwards until they start dying, or there's some catastrophic breakdown and the whole monetary-economic system falls apart. Or there is some sort of revolution.

I don't think that the Tories will go down the austerity route again. This lot have learned a lesson from the last lot. They also know that they have to look after their Northern constituents to get voted in again so they will approach this crisis in a very different way to 2008.

I'm not sure that Labour have learned anything from the last election.

UndercoverElephant · Post by **UndercoverElephant** » 24 May 2020, 08:45

kenneal - lagger wrote:
I'm not sure that Labour have learned anything from the last election.

Labour has changed a great deal since the last election, since momentum is no longer calling the shots. What that might mean in terms of the next election is anybody's guess though. Presumably Starmer will operate on the principle that it is usually sitting governments that lose elections rather than oppositions win them.

stumuz1 · Post by **stumuz1** » 24 May 2020, 09:32

vtsnowedin wrote: I don't see that in the evil light you do. To prop up the stock market and all the retirement accounts that have investments in it you have to increase stock prices.

What!!!

That is not how stock markets work.

We (well some of us) knew that capitalism failed in 2008 when the state bailed out the fraudulent banking system with tax payers cash, effectively handing the bill to the poor, homeless, sick, and uneducated.

But it seems you have accepted that the great barometer of the US financial system, the stock market, is on life support ........forever.

If stock prices are artificially engineered upwards, constantly, then, the pensions that rely on those fictitious valuations are worthless.

The Roman empire came to an end, inter alia, when they started adding lead to their gold coins.

The US,UK,EURO area are now adding lead to the non discoverable values of listed companies.

I believe this ends badly.

Little John · Post by **Little John** » 24 May 2020, 11:44

I see windows, here and there (thankfully fewer over time as more and more people are finally twigging what's going on) with facile slogans surrounded by rainbows that have been drilled into all of our heads over the last few months such as "stay home" - "stay safe" etc

I think I'll join in. I'm putting one up today. It will say:

I DO NOT CONSENT

BritDownUnder · Post by **BritDownUnder** » 24 May 2020, 13:08

stumuz1 wrote:
vtsnowedin wrote: I don't see that in the evil light you do. To prop up the stock market and all the retirement accounts that have investments in it you have to increase stock prices.

What!!!

That is not how stock markets work.

We (well some of us) knew that capitalism failed in 2008 when the state bailed out the fraudulent banking system with tax payers cash, effectively handing the bill to the poor, homeless, sick, and uneducated.

But it seems you have accepted that the great barometer of the US financial system, the stock market, is on life support ........forever.

If stock prices are artificially engineered upwards, constantly, then, the pensions that rely on those fictitious valuations are worthless.

The Roman empire came to an end, inter alia, when they started adding lead to their gold coins.

The US,UK,EURO area are now adding lead to the non discoverable values of listed companies.

I believe this ends badly.

I would have thought you needed to add copper to gold coins in order to retain the colour. I think you mean the Roman silver coins as I am not sure they used gold coins for everyday usage. Anyway point taken about debasement. The Romans had two problems in that they were losing silver and gold to external parties in order to buy silk from East Asia. Sound familiar? They were also militarily overstretched. Sound familiar? Maybe they even had a pandemic or two.

Mean Mr Mustard II · Post by **Mean Mr Mustard II** » 24 May 2020, 14:31

https://en.wikipedia.org/wiki/Plague_of_Justinian

And Thomas Homer-Dixon argued they were stretched for energy (converted from agriculture) while busy constructing Circuses like the Colosseum. (Upside of Down)

Snail · Post by **Snail** » 24 May 2020, 15:09

"Order! The Leader of the Opposition."
- "baaa, woo woo, wa wa"
"Order! Order! Sir Keith StarmERRRR!"

"As the entire planet continues to be ravaged by this terrible disease.
Questions need to be asked. And this is the most important one. So I urge the Prime Minister to carefully consider his response. For the consequences could be grave indeed.
The question is..."

- "BAAA, WOO WOO, WA WA, VROOM VROOM"
- "ORDER! ORDER!"

"The question is...
...Did Dominic Mckenzie Cummings walk in Blue Bell Woods?"

The absurd builds the farce grows the daft.

Mean Mr Mustard II · Post by **Mean Mr Mustard II** » 24 May 2020, 17:55

Savaged by Crace
Big Disgrace
Cummings and goings
All over the place

https://www.theguardian.com/politics/20 ... n-hot-seat

Mean Mr Mustard II · Post by **Mean Mr Mustard II** » 24 May 2020, 19:55

Sir Keith?

eatyourveg · Post by **eatyourveg** » 24 May 2020, 20:52

Mean Mr Mustard II wrote:Savaged by Crace
Big Disgrace
Cummings and goings
All over the place

https://www.theguardian.com/politics/20 ... n-hot-seat

Further savaged by Crace:

https://www.theguardian.com/politics/20 ... t-cummings

Normally I wouldn't bother posting anything that the PM gets up to, but it does seem he has now thoroughly trashed the lockdown. Interesting few days coming up.

PS_RalphW · Post by **PS_RalphW** » 24 May 2020, 21:02

The local teenagers no longer pretend to keep 2 metres apart in gangs of up to seven at the village playing field.

Catweazle · Post by **Catweazle** » 25 May 2020, 08:35

The Sun is shining, it's a bank holiday, and Dominic Cummings has just been exposed ignoring the lockdown rules. What could possibly go wrong ?

Potemkin Villager · Post by **Potemkin Villager** » 25 May 2020, 12:03

Catweazle wrote:The Sun is shining, it's a bank holiday, and Dominic Cummings has just been exposed ignoring the lockdown rules. What could possibly go wrong ?

Things can only get better.

Lucky old Durham constabulary.

Dom and Bojo are so in love but it's a deadly embrace.

stumuz1 · Post by **stumuz1** » 25 May 2020, 12:25

Good on Bojo.

Standing up to a bunch of whingeing, moaning, leftie, remainer, civil service, journo bleaters.

Poor old Dom has pissed off the establishment by:

Brexit. None of the above mentioned failures ever thought we would vote to leave.

Civil service. Shinning a light onto their gold plated pension and useless delivery of government.

Journalists. Refusing to play the Westminster game of dinners, secret briefings, payment to talking heads.

Well done Dom. Read his blog. Quite the modern day disrupter.

That's why the nose in the trough brigade hate him.

stumuz1 · Post by **stumuz1** » 25 May 2020, 12:29

And another set of failures who hate him;

Conservative MP's who briefed against the government when Thersa May was being ridiculed by the EU.

They know they have no future, influence,or say whilst Cummings is on the scene.