Covid 19 worries !

[Fivetones]

Forward planning for when the Euro is worth diddly squat ???!!

You mean like the pound since we voluntarily jumped off a metaphorical economic cliff?

 

[mak]

the UK 'lockdown' is not a lockdown, it's just being asked to play nicely.

look at the pictures from Wuhan - empty motorways. now that is a lockdown.

This is the only option, i am guilty of having to work, even though i am self employed i am expected to complete my works, yes i could say fuck you lot and burn my bridges for later life but that's going to hurt sooner rather than later.

Traffic is as normal for me in the mornings with people going about there business. The only way forward is for the government to shut things down full stop. Taking away the responsibility of the maverick that says I'm not going to work and replaced immediately by some cu%t that takes his place.

 

[steve_sordy]

I wish I could laugh at that. But my pensions are paid in Sterling. It just ain't funny.

When the Euro is worth diddly squat, your pension paid in sterling will be worth a fortune!
If it was the other way around you'd be in trouble!

 

[GrahamPaul]

When the Euro is worth diddly squat, your pension paid in sterling will be worth a fortune!
If it was the other way around you'd be in trouble!

Trouble is...

4 Jan 1999 £100 bought 140€​

23 Jun 2016 £100 bought 131€​

24 Mar 2020 £100 buys 108€​

​

If the euro is going to be worth diddly squat, then all those pictures I see of buying coffee with sheets of toilet paper in Britain will come to pass...

 

[Mikerb]

...and the weakening of the £ against the Euro made our exports better value so sold more and brought it into a better balanced position with respect to GDP. It was previously considered to be at least 10% overvalued. The Euro is radically overvalued, most especially for almost every member state in the Euro Zone except Germany. The most important underpinning aspect of a currency is that it stays in balance with GDP. It is when it becomes overvalued that it is most likely to suffer a crash.

 

[Fivetones]

...and the weakening of the £ against the Euro made our exports better value so sold more and brought it into a better balanced position with respect to GDP. It was previously considered to be at least 10% overvalued. The Euro is radically overvalued, most especially for almost every member state in the Euro Zone except Germany. The most important underpinning aspect of a currency is that it stays in balance with GDP. It is when it becomes overvalued that it is most likely to suffer a crash.

Just as well we buy nothing from the EU as a bloc then. Oh, wait.

 

[Mikerb]

Just as well we buy nothing from the EU as a bloc then. Oh, wait.

…...that somewhat ignores the dynamics of the market. Buyers still expect value for money, the more expensive the product the lower the volume of sales...…….so margin has to take a hit. That applies even more when the product is in a competitive market which is why the UKs ability to negotiate trade deals across the world without the application of EU imposed import tariffs is good news for UK consumers. Free trade outpoints a protection zone everytime.

 

[Doomanic]

Can we stop with the politics please? This place has been refreshingly free of it so far, lets keep it that way.

 

[Mikerb]

Some progress is being made to fight the virus. The US now has a test that can be self administered albeit it still needs laboratory analysis and that is where the logistical logjam will be. It does mean however that those tests do not need to use healthcare staff with full PPE etc to administer them so it relieves a bit of strain on healthcare workers. The process seems to be that a self test is then taken to a clinic or pharmacy and they forward it to the appropriate test laboratory.
Trials begin today on a variety of existing or slightly modified existing anti virus drugs in the US. Some of those drugs have already been used in China and S.Korea apparently with some success in reducing symptoms and speeding up recovery. Lets hope both initiatives can make a difference.

 

[Mikerb]

…"always look on the bri -ight si i ide of life" da dum da dum

 

[Kiwi in Wales]

Forward planning for when the Euro is worth diddly squat ???!!

And the £ is worth how many Euros at the moment?
And the £ is worth how many US dollars at the moment?

 

[Zimmerframe]

For @GrahamPaul

 

[Zimmerframe]

 

[Zimmerframe]

 

[Zimmerframe]

 

[Zimmerframe]

 

[Peaky Rider]

Never mind the V, this thread is causing me to lose the will to live.

 

[Rusty]

Did someone say pie?

 

[Fivetones]

Never mind the V, this thread is causing me to lose the will to live.

We should have a separate thread of diversions while we’re all at home. We must be at a point now that the seriousness of the situation is very clear to everyone and we are all doing what our consciences tells us to do (if not our collective governments and WHO).

 

[Rusty]

We must be at a point now that the seriousness of the situation is very clear to everyone and we are all doing what our consciences tells us to do (if not our collective governments and WHO).

Fortunately, because a lot of the problem IMHO was the WHO telling everybody not to worry because China says Coronavirus isn't contagious. That kind of allowed propagation that possibly would not have happened if they were a lot more cautious.

 

[GrahamPaul]

Fortunately, because a lot of the problem IMHO was the WHO telling everybody not to worry because China says Coronavirus isn't contagious. That kind of allowed propagation that possibly would not have happened if they were a lot more cautious.

I think you may have mixed up WH (White House) with WHO. I can't find any record that the WHO have done anything other than scream warnings. Can you give me a reference?

Edit: Found the reference. January 14th: WHO stated that there was no sustained human to human transmission. However, that advice had changed by January 20th.

Timeline of the 2019–20 coronavirus pandemic in November 2019 – January 2020 - Wikipedia

 

[Mikerb]

The point being WHO has their regional office in Beijing. They were in a position to know what was going on when the virus first appeared in Dec 2019 and several doctors were trying to raise the alarm. They merely reported what the CCP told them. That despite the known risks of the Wild Animal farming sector in China and their claim to be working closely with health workers in the region. They were at best totally negligent .

 

[Fivetones]

Fortunately, because a lot of the problem IMHO was the WHO telling everybody not to worry because China says Coronavirus isn't contagious. That kind of allowed propagation that possibly would not have happened if they were a lot more cautious.

Let’s not get political mate. This isn’t true but no point in discussing this stuff.

 

[Fivetones]

I think you may have mixed up WH (White House) with WHO. I can't find any record that the WHO have done anything other than scream warnings. Can you give me a reference?

Edit: Found the reference. January 14th: WHO stated that there was no sustained human to human transmission. However, that advice had changed by January 20th.

Timeline of the 2019–20 coronavirus pandemic in November 2019 – January 2020 - Wikipedia

There are a lot of world leaders out there who are keen to downplay the situation for economic reasons at the expense of humanitarian benefits. However, like I say it‘s not productive for us MTBers to discuss this here as this thread proves we won’t resolve it and more non-facts get thrown around without solid links.

Peace.

 

[Zimmerframe]

non-facts get thrown around without solid links.

Did you try to move the conversation onto chains there ?

 

[Fivetones]

We should have a separate thread of diversions while we’re all at home. We must be at a point now that the seriousness of the situation is very clear to everyone and we are all doing what our consciences tells us to do (if not our collective governments and WHO).

True to my word

Lockdown Positive Diversions (C19) - EMTB Forums

 

[Sophie777]

For those in Canada, according to the Government of Canada website, cycling is permitted:

Government of Canada

Coronavirus disease (COVID-19): How to self-isolate at home when you may have been exposed and have no symptoms - Canada.ca

Things you can do while self-isolating:
-
-
-
-
- go outside for some fresh air, a run, a bike ride, or to walk the dog

Date modified: 2020-03-21

 

[Mikerb]

Let’s not get political mate. This isn’t true but no point in discussing this stuff.

Politics is anything related to Govt or public affairs. You are confusing it....and some of the posts here with PARTY politics. This crisis is a huge "public affair" impacting on all of us and for many it is therapeudic to try to understand how this happened, to discuss and swop experiences. Its OK to disagree.

 

[Fivetones]

Politics is anything related to Govt or public affairs. You are confusing it....and some of the posts here with PARTY politics. This crisis is a huge "public affair" impacting on all of us and for many it is therapeudic to try to understand how this happened, to discuss and swop experiences. Its OK to disagree.

Ok.

Respectfully, this isn’t the forum for that, and for that reason count me out.

 

[Gary]

We must be at a point now that the seriousness of the situation is very clear to everyone and we are all doing what our consciences tells us to do

If only mate. If only.
*sigh*