View Poll Results: Your feelings towards Covid-19

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  • Nothing to see here, just a flu like any other, don't care

    46 29.68%
  • A little worried, just wait weeks and things will be okay as usual

    29 18.71%
  • Mixed feelings

    53 34.19%
  • A lot worried, things seems to get worse each day more, already thinking about stockpilling

    23 14.84%
  • WE'RE ALL GOING TO DIE!!! Make Ranger0075 admin before our death!!

    14 9.03%
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Thread: Coronavirus 2020 plague

  1. #3531
    Johannes factotum
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    Countries by deaths per million:

    Country Deaths per million (confirmed), 1600 GMT 1/4 Deaths per million (confirmed), 1600 GMT 31/3 Deaths per million (confirmed), 1600 GMT 30/3 Deaths per million (confirmed), 1600 GMT 29/3 Deaths per million (confirmed), 1600 GMT 28/3 Deaths per million (confirmed), 1600 GMT 27/3
    San Marino 778.21 748.50 718.39 628.93 628.93 628.93
    Italy 205.09 191.28 176.62 165.40 150.72 135.56
    Spain 194.93 178.06 160.64 142.25 122.52 104.61
    Andorra 157.53 105.01 78.76 78.76 39.38 39.38
    Belgium 72.95 62.12 45.20 37.97 25.46 19.38
    Netherlands 68.92 61.05 50.76 45.36 32.14 25.56
    France 52.66 45.20 38.95 34.59 29.82 25.35
    Switzerland 51.60 47.18 39.06 34.64 27.59 22.81
    Luxembourg 39.45 37.74 36.02 30.87 25.73 15.44
    UK 35.83 27.54 21.56 18.71 11.58 8.81
    Sweden 25.45 18.18 16.26 12.22 10.50 9.29
    USA 12.63 9.82 7.96 6.89 5.30 3.72
    Germany 9.68 8.55 6.77 5.82 4.25 3.17
    Israel 2.46 1.99 1.76 1.52 1.40 0.94
    Russia 0.17 0.12 0.06 0.06 0.03 0.02

    European table:

    1. San Marino
    2. Italy
    3. Spain
    4. Andorra
    5. Belgium
    6. Netherlands
    7. France
    8. Switzerland
    9. Luxembourg
    10. UK
    Spoiler!


    If the USA were in Europe, it would have the 16th highest number of deaths per capita. (No change)
    Who is rich? He who is happy with what he has - Simeon ben Zoma, Ethics of the Fathers, Talmud, Avot 4:1

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  2. #3532
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    Coronavirus-induced shockwaves are rippling through the world economy, causing tremendous damage that we are only just beginning to measure. Strangled global supply chains have caused supply shortages. A massive drop in demand has resulted from millions of customers forced to stay home under mandatory lockdown. Now come the job losses. 60% of companies have reported hiring freezes, while over 13% have already begun laying workers off. Of course, the layoff rate will accelerate rapidly as Q1 earnings (or more accurately, Q1 "horrific losses") start being reported later this month. The small/medium-sized enterprises (SMEs) like your local restaurant, dry cleaner, bookstore and building contractor are being hit especially hard, as they don't have the reserves to withstand the many weeks of no income the lockdown is placing them under. Many of them have already laid off their employees. Many may never reopen. The jaw-dropping severity of this job carnage can already be seen in last week's unemployment numbers. Claims spiked up to 3.3 million -- nearly 6x higher(!) than the worst week of the Great Financial Crisis. So what impact will this all have? What will the rest of 2020 be like? It's certain that we're heading into recession. How deep and long with it be? Will the announced stimulus efforts help? Can we get things back to the way they were, or are we entering a "new normal"? If the latter, what will that look like? To address these questions, I recorded the following interview today with two of Peak Prosperity's favorite macro experts, John Rubino and Charles Hugh Smith. Both are in agreement that the current breakdown represents "the end of the road" for the 75-year Debt Supercycle we've been living through. And because of that, the future is going to look and feel very different to what we've been used to. After the recording ended, John and Charles expressed interest in coming back on soon to delve further into the question of: What comes next? What specific policies, monetary systems, business models, etc will be better suited for the future we're swiftly transitioning into? If that's a discussion you'd indeed like to see happen, let us know in the Comments section below, along with any other particular questions you're interested in hearing addressed.



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  3. #3533
    Johannes factotum
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    Harkening back to our earlier conversation: it's been a little over 24 hours, but Tennessee (3.51 deaths per million) has already overtaken Finland (3.09 deaths per million.)
    Who is rich? He who is happy with what he has - Simeon ben Zoma, Ethics of the Fathers, Talmud, Avot 4:1

    Quote Originally Posted by zhaoyun View Post
    I'll say this once and I don't expect you to ever have me fucking repeat this again.

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  4. #3534
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    The West’s Pandemic of Fear

    Mar 30, 2020 Dominique Moisi The COVID-19 pandemic is heightening an already existing culture of fear in the West and revealing deeper fractures, both within Europe and between Europe and the United States. But future historians may regard the coronavirus crisis as a game-changing episode that arrested the West's decline.

    PARIS – Emotions are not easily contained. They control us much more than we control them. And during a pandemic, the dominant emotion is naturally fear.Confronted with a world that feels (and is) more dangerous, complex, and unpredictable by the day, people want to be protected and reassured at all costs. But there is a fine line between a healthy return to the notion of a protective state and a dangerous evolution toward Big Brother – whereby we end up abandoning our cherished freedoms for the sake of protecting our even more precious health.

    More generally, fear is the opposite of hope. In a world of hope, people think that tomorrow will be better than today. But in a world of fear, they think it will be worse. From this perspective, Asia today appears to be the continent of hope, while Europe and North America are the continents of fear.

    Consider the sharply contrasting images now coming from Italy and China. In Italy, the COVID-19 pandemic is causing seemingly endless suffering, to the extent that Italians are now speaking of the crisis as their 9/11. In China, on the other hand, the first days of spring have brought people back out onto the streets. Although still wearing masks, they are enjoying the fresh air and the sun as if they had won the war against the virus.

    It is best to be prudent, of course, because COVID-19 may return to Asia, or may not have disappeared entirely from the region. But Asia today – and in particular China, Taiwan, South Korea, Hong Kong, Singapore, and Japan – is a source of hope, and a model of what the West could and should have done much earlier to check the virus’s spread.

    China’s leaders have long claimed that their authoritarian, centralized political system is superior to Western liberal democracy. And now, for the third time in little more than a decade, they are telling the West that our system really does not work.

    Following the 2008 global financial crisis, China was swift to denounce the failures of Western-style capitalism. And in 2016, the United Kingdom’s Brexit referendum and the subsequent election of President Donald Trump in the United States reinforced China’s conviction that democracy worked equally badly. Now, with the COVID-19 pandemic, the Chinese government is offering to help a beleaguered Europe, and in so doing boosting China’s soft power. China is thus not only extending its global influence through trade and investment, but also extending its protection to a divided and confused Europe.

    The pandemic is all the more destabilizing for the West because it is piling uncertainty on top of doubt. COVID-19 is heightening an already existing culture of fear in the West and revealing deeper fractures, both within Europe and between Europe and the US.While China sends medical experts, protective masks, and respirators to Italy and France, America is abruptly and unilaterally closing itself off to Europe, probably to compensate for Trump’s erratic and confused early denial of the danger. Meanwhile, Europe has turned its back on Italy for the third time in just over a decade – first during the 2008 economic and financial crisis that seriously impacted the country, then with the migrant crisis that started in 2014, and now by limiting exports of urgently needed medical goods.

    What is Europe good for if it does not protect its citizens? Indeed, Italy’s growing disillusion and distance from the European Union is probably much more serious for the future of the European project than the UK’s decision to leave. As Europe betrays Italy and America betrays Europe, European and transatlantic solidarity increasingly look like relics of a near-forgotten past.

    By contrast, Asian societies may be better prepared to fight pandemics, because they have found a better balance between the individual and the collective. This is not a matter of political regimes. After all, the Asian countries that so far have best managed the pandemic include democracies such as South Korea, Taiwan, and Japan, a country with democratic institutions and the rule of law (Singapore), and a purely authoritarian state (China).

    Rather, the key difference is the spontaneous (or in China’s case enforced) practice of civic values in these Asian societies. Wearing a protective mask is much more common in Asia than in the West, not only because masks are more readily available, but also because their wearers value consideration and respect for the health of others. Democracy without a civic culture, a common phenomenon in the West, is a recipe for disaster in the event of a pandemic.

    Yet, the COVID-19 crisis may eventually have a positive impact on Western democracies by reinforcing trust in experts, and exposing and disqualifying charlatans. If widespread fear of the virus encourages responsible behavior and discredits populist voices, that would be good news for leaders such as French President Emmanuel Macron and bad news for those like Trump.

    The coronavirus pandemic continues to exact a terrible toll around the world. But historians a century from now will likely regard it as a game-changing moment that not only confirmed Asia’s rise, but also, possibly, arrested the West’s decline.

    Dominique Moisi

    Writing for PS since 2005
    172 Commentaries

    Dominique Moisi is a special adviser at the Institut Montaigne in Paris. He is the author of La Géopolitique des Séries ou le triomphe de la peur.



    Wake up and smell the coffee.


  5. #3535
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    The massive coronavirus outbreak has raised the question: Could anyone have seen this coming? Billionaire Microsoft founder and philanthropist Bill Gates did – publicly warning in 2015 that most countries are unprepared for the real probability of an infectious pandemic, and asserting “if anything kills over 10 million people in the next few decades, it's most likely to be a highly infectious virus, rather than a war.” In this special report, MSNBC’s Ari Melber reports on Gates’ past warnings, his public.



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  6. #3536
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    And to show everybody how serious America is about the non-existent Trans-Atlantic relations: America still can't stop itself from targetting and undermining the European economy. Even during a crisis. China has shown itself to be an unexpected friend - America has shown itself to be an enemy that seeks to profit of European suffering and death.



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  7. #3537
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    COVID-19 and the uncertain future of the transatlantic bond

    By Nathalie Tocci

    Director of the Istituto Affari Internazionali

    COVID-19, the global pandemic caused by the Coronavirus, will likely become a defining feature of our age. This is not simply because this global crisis will probably have political, economic, and social repercussions reverberating across all world regions for years to come. It is mainly because these consequences may well accelerate the dynamics if not tip outright the balance from one international order to another one.

    That the world had exited its unipolar moment, in which the United States dominated world affairs, we knew for a long time. For over seventy years, Washington was the pinnacle of an empire, which was first confined to the “free world” during the decades of Cold War, and then extended to all corners of the globe with the fall of the Iron Curtain. The European project was born in this context, seizing its crises and transforming them into opportunities, as the decades went by. Likewise, the transatlantic bond, the strongest web of political, security, cultural, economic and social relationships two continents separated by an ocean have ever seen, was embedded within this international system.

    “The US has been led by a President that has seen in the EU and its values an adversary”

    This system started cracking as multiple centres of power, starting with China, emerged and a growing rivalry between them took root, amidst weakening values of openness and cooperation. In this context of great power rivalry, the transatlantic relationship has languished. Over the decades, relations between the US and Europe lived through countless ups and downs. But the last four years have seen something categorically different. For the first time, the US has been led by a President that has seen in the EU and its values an adversary, a rival and at times an outright enemy that needs to be defeated.


    COVID-19 needs to be seen in this context, which als explains why this global pandemic can trigger an irreversible tipping point in the international system. By magnifying and accelerating both the weakening of the US’s global leadership and the structural transformation of the transatlantic bond, COVID-19 may well become the single most important event defining the future of the once called West.


    When it comes to global leadership, China, originally the bęte noire of the coronavirus, may end up as the victor of this global crisis. In part, this is because it was the first to successfully curtail the virus at home through draconian lockdowns that Western countries, beginning with Italy, have grudgingly but invariably followed. True, European countries have closed in a manner attuned to their open political systems. There has not been the massive physical control and manipulation of public information we have seen in China, nor the extensive collection of citizen data to limit contagion that could eventually be used for other purposes as well. However, we do not know yet whether our “democratic closure” will prove as effective as China’s “authoritarian” one, and in any case, in our European way we have followed the Chinese model, rather than the South Korean, Taiwanese or Hong Kong ones.

    “So far, China is winning the propaganda war by a wide margin”

    Moreover, China’s global role in the COVID19 crisis has made the inadequacy of the former global hegemon – the US – painfully obvious. Beijing’s display of solidarity by sending plane – and shiploads of protective masks, testing kits, ventilators, respirators and medical staff, as well as its vast global outreach with offers of knowledge transfer, stands in stark contrast to Washington’s disdain for a “foreign” virus, its unilateral travel ban on its supposedly closest allies in Europe, its inhuman tightening sanctions on coronavirus-infected Iran, and its pathetic attempts to secure exclusive American rights to a vaccine in development in Germany. So far, China is winning the propaganda war by a wide margin.


    The weakening of the US’s global leadership will reverberate systemically across the European Union. Here, however, the fate of the transatlantic relationship remains an open question. One path, upon which the former transatlantic partners alas are on, would see the US persist in its global retrenchment, whereby “America first” means “America only” at the cost of all others, beginning with Europeans. It is a path in which from trade to defence, from energy to public health, a vicious cycle would swirl uncontrolled across the Atlantic severing the multiple bonds tying our peoples. On this path there would be no winners in the West, while others across the globe smirk content.

    There is another path, however. One in which COVID-19, by highlighting the heinous inadequacy of US governance at home and US leadership in the world, would impact upon domestic political trends and the outcome of the November 2020 presidential elections.
    And this is where she goes wrong:

    It is a path in which a new administration, rising from the debris left by its predecessor, would dedicate itself unremittingly to the arduous task of fostering, perhaps not an exclusive, but a nonetheless powerful global leadership, beginning its work by rebuilding broken bridges across the Atlantic. Were that hand to be offered across the Atlantic, Europeans would no doubt seize it. Because regardless of the sirens of nationalism, populism and closure, the truth is that the European Union is and can only thrive if founded upon cooperation, openness and integration. And in this European endeavour, the transatlantic bond remains key.
    In the case of my country: we can only gain from working even more with Germany --- and working with China and Russia. Forget the EU, forget Europe and forget America.



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    Currently 1191 patients on the ICU in the Netherlands:

    1191 IC-patienten met coronavirus

    Op dit moment liggen er volgens het Landelijke Coördinatiecentrum Patiëntenspreiding (LCPS) 1191 patiënten met het coronavirus op de intensive care. Dat zijn er 40 meer dan gisteren. De afgelopen dagen steeg het aantal nieuwe bezette bedden telkens met ongeveer 100. Van de 1400 coronabedden zijn er nog zo'n 200 bedden voor coronapatiënten beschikbaar op dit moment.

    Het plan is om de IC-capaciteit in Nederland voor coronapatiënten uit te breiden naar 1900 bedden. De kritische grens is daarmee bereikt, daarboven zal er geselecteerd moeten worden, zei NVIC-voorzittter Diederik Gommers vanochtend in de Tweede Kamer. Het RIVM houdt er serieus rekening mee dat op het hoogtepunt 2500 coronapatienten zijn die een IC-bed nodig hebben.

    PVV and PvdA appeal the cabinet to expand the number of beds to 3000. Anything to avert triage.
    De Jonge: we stoppen niet als we 2400 bedden hebben

    Als het aantal IC-bedden komend weekend inderdaad is opgeschaald tot 2400, is dat niet het eindpunt. "We zullen blijven proberen dat aantal nog verder op te rekken", zei minister De Jonge in de Tweede Kamer. Alles wordt gedaan om de piek in coronapatiënten op te vangen. Als dat niet lukt, kan de situatie ontstaan dat artsen een keuze moeten gaan maken tussen patiënten.
    "We halen alles uit de kast om niet in die fase te komen", zei De Jonge. "Maar die mogelijkheid is er wel, daar moeten we eerlijk over zijn."
    Hij benadrukte dat het aantal van 2400 IC-bedden (waarvan 1900 voor coronapatiënten) al veel meer is dan ooit voor mogelijk werd gehouden. "Maar dat aantal heeft ook een element van het zekere voor het onzekere in zich", sprak de minister. Er liggen op dit moment 1191 mensen met corona op de IC. "Dat is meer dan gisteren, maar niet zo veel meer als waar we eerst van uitgingen." PvdA en PVV willen een motie indienen waarin het kabinet wordt gevraagd de IC-capaciteit tot 3000 bedden uit te breiden.
    Pension funds near collapse. We used to have the best system in all of Europe:

    Coronacrisis brengt pensioenfondsen nog meer in problemen

    De koersval op de beurzen wereldwijd en de lage rente pakken slecht uit voor pensioenfondsen. De dekkingsgraad zakt flink weg doordat de pensioenbeleggingen veel minder opleveren. De rente staat onder druk als gevolg van de hulpacties van de ECB en noopt tot het aanhouden van een grotere buffer.
    Volgens pensioenadvies- en onderzoeksbureau Aon ligt de gemiddelde dekkingsgraad op 85 procent, ver onder de kritische dekkingsgraad van 90 procent. Dat betekent dat voor elke euro aan pensioenverplichtingen maar 85 eurocent in kas is.
    De slechte beurzen zorgden in februari ook al voor een lagere dekkingsgraad. Ambtenarenpensioenfonds ABP noteert nu 88,7 procent en Pensioenfonds Zorg en Welzijn 90,4 procent.
    De te lage dekkingsgraad betekent niet dat pensioenfondsen nu al moeten korten op de pensioenen. De dekkingsgraad van eind december is daarvoor bepalend. Maar met de huidige lage dekkingsgraden stevenen pensioenfondsen af het korten van miljoenen pensioenen. Onder de 90 procent dienen de pensioenen sowieso verlaagd te worden, daarboven geldt nog enig respijt.
    And of course - we will have to pay Southern Europe again while we get nothing in return. This means the first step towards a Nexit because this will come back to haunt him,

    Rutte wil ‘coronafonds’ oprichten voor steun aan Zuid-Europa

    Nederland wil dat er een Europees steunfonds wordt opgericht om lidstaten te steunen die zwaar getroffen zijn door de coronacrisis, zoals Italië en Spanje. In de Tweede Kamer zei premier Rutte dat Nederland daar "substantieel" aan wil bijdragen.
    Landen kunnen uit dat fonds een gift krijgen om de kosten op te vangen van alle medische zorg. Morgen hoopt hij daarover een 'conferencecall' te hebben met EU-voorzitter Michel en de Italiaanse en Spaanse premiers.
    Rutte zei ook dat hij onlangs een uur met bondskanselier Merkel heeft gesproken over de steun aan Zuid-Europa. Italië en Spanje waren eerder boos op Nederland, omdat ons land niet echt bereid bleek de portemonnee te trekken. "We hebben daarbij niet de goede toon getroffen", zei Rutte, "zowel minister Hoekstra als ik. Er is geen twijfel dat wij solidair zijn."



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    Quote Originally Posted by Lemminkäinen View Post
    Finland bought four consigments of protective equipments from China at price ten times the usual market pricing. The sum was tens millions euros.
    Background to this deal. The maker of masks is a Finnish factory operating in China. So the money partly comes back to Finland.

  10. #3540
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    Quote Originally Posted by Longbowman View Post
    Harkening back to our earlier conversation: it's been a little over 24 hours, but Tennessee (3.51 deaths per million) has already overtaken Finland (3.09 deaths per million.)
    Moreover: at the time, 23 states had lower rates than Finland. Less than 36 hours later (much less than) only 14 states have lower death rates than Finland. Additionally, of Tennessee and the 11 states closer to Finland in population terms than Tennessee (so 12 states) only 2 (Minnesota and Missouri) still have lower death rates.
    Who is rich? He who is happy with what he has - Simeon ben Zoma, Ethics of the Fathers, Talmud, Avot 4:1

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    I'll say this once and I don't expect you to ever have me fucking repeat this again.

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