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I cooked two, the second needed more time, the crust was not firm. Noted and adjustment filed away. Prior preparation, & all that. BTW, did you get that about the murderer hiding out near Gympie? I may have to bring my mood adjuster.Quote:
Originally Posted by Saitch
News for some one I guess. COVID-19 does not spare the young, that's a bummer.
Coronavirus Briefing: Young People
Does the virus effect your mind? There is evidence of this down South.
Thieves raid over 100 public toilets in East Gippsland amid coronavirus panic
Greynomads have been doing that for years, have seen them go in with a battery drill to wind it on.Hate to own a caravan park ATMQuote:
Originally Posted by bob10
cheers
blaze
Superheroes in scrubs. Australians are supporting their health workers. As reality sets in, people are coming together, in a good way. EDIT. It's the biggest public health war since Spanish influenza. Health workers need all the support they can get. And that means not stealing gloves and masks and sanitiser from hospitals, which has happened.
Coronavirus: Health workers helped by growing public support
I think one of the things we have to expect after this is over (whenever that is) that things will not be "the same". A lot of jobs that have gone will not come back - people who have unexpectedly faced job loss or loss of their business, even if the job/business survived, are going to be very much more cautious about running up debt and spending on non-essentials.
This means that a lot of the 'service' jobs are going to be in a lot less demand than they were a month ago - do you really need to buy a coffee on the way to work, or will you take one from home in an insulated cup? Do we need a new car now, or will the current one do for another year? And do we really need that holiday in Bali - might get stranded there?
And so on. This is going to slow the economy for years. On the brighter side, it should reduce the volume of waste and the levels of all types of pollution!
Some good news on the China front. I'll put the link in CA in case some regard it as political.As gloom gathers across the economic landscape, China is actually starting to improve – and this may help put a floor under Australia.
Rice Warner also saw some positives in non-mineral primary production regarding demand from China.“Primary production is unlikely to be significantly impacted as the demand for produce won’t change,” the report said.“Some sections, such as seafood, have suffered from the downturn closure of exports to China, but these should recover soon as China is slowly coming out of its shut-down – people are being allowed to move around more and businesses are re-opening.”
In a new research paper on the effects of the crisis, superannuation research house Rice Warner observed “production in China is ramping up again, and the Chinese government will be stimulating their economy.”“This will increase demand for Australian products, especially primary production like iron ore that has not been greatly affected to date.“Supply chains should also recover quite quickly, and commercial construction will get back to normal.The immediate emphasis in China will be on domestic stimulus as exports will be stagnant for some time,” Rice Warner said.
Irish gin distillery's switch to making hand sanitizer, there's a good idea, to be sure.
The coronavirus economy: Switching production for the greater good | Business| Economy and finance news from a German perspective | DW | 20.03.2020
The World survived the 1918 Flu pandemic, which was many, many times worse than this. And prospered. I saw on the news today an Australian lab is actually testing a vaccine on humans. There will be a vaccination , as there is for the flu. The World will move on, and soon this will be just a bad memory, something to bore the grand kids about.Quote:
Originally Posted by JDNSW
The world survived the 1918-19 epidemic, yes. Whether it was worse than this is unknown at this time. It is not over by any many yet. The 1918 epidemic delayed recovery from WW1, and I suppose you could argue it was one of the factors leading to the rise of Nazism, but its economic impact was very much blurred by the fact that it just slowed the recovery of the world from what was the first World War in history - the major economies were already on a war footing, and it just slowed the economic recovery from the war.
This time the economic impact is going to be far greater, because the world economies are far more interconnected than they were in 1918, and because a far greater part of the developed economies is consumption of discretionary purchases, meaning that this consumption can be turned off pretty much overnight. And it will be a lot slower turning on again.
In my view, the economic impact will be much more like 1929 than 1919, but things won't get as bad, nor will they last as long - at least I hope governments have learned! But because it is basically a health crisis not one with its roots in the financial system like 1929 or the GFC, I don't think we really know how to deal with it. And it will probably reveal a lot of hidden (or not so hidden) flaws in our economy, most notably the ridiculous levels of household debt.