Coronavirus Thread (Off Topic, Politics) (9 Viewers)

[Grendel]

More people will not die from any long term economic effects than will die from the virus.

It's up to the government to stimulate the economy and as they don't understand demand I fear they will fail 1

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How would you stimulate a non producing economy David - I’m all ears

 

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[David O'Day]

Or is it an implicit admittance by the usual tory way of doing things that is what will happen?

Preparing people to except it as unavoidable when it very possible to weaken the slump

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[David O'Day]

Preparing people to except it as unavoidable when it very possible to weaken the slump

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You need to create demand, the economy will lots of spare capacity but it's the demand side of the economy that is the issue.

The paradox of thrift will be in play so it's very important to spend money to create demand

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[Ian1779]

Deffo needs to be 3-6 weeks longer before we somewhat start loosening but if it goes on for months and months more people will die from the long term effects (job losses, depression) it’s hard to find a balance for the long term thinking

3-6 weeks is still sensible. I would suggest that if the crisis is such we are still having to lockdown in 2/3 months time that something really serious has occurred and salvaging the economy will pale into insignificance.

 

[chiefdave]

A couple of comments that indicate things are currently within capacity....with a thought provoking observation for the over 70’s

• 
  Anonymous#CommentAvatarLabelCommented on:14 April 2020 16:07
  
  Totally agree with Anon 15:31. The model elsewhere in the UK is much better - use the nightingales for step-down and the expand critical care at the acute hospitals. London nightingale was always going to be a massive white elephant and is nothing more than a cheap publicity stunt by HMG.
  
  I work at the busiest hospital for COVID cases in the UK (per head of population). Over half our current inpatients are COVID. Yet, we are not only coping, but coping well. We have three empty wards and potential to double our ventilated patient beds before we would have to consider sending patients out to other centres. We have even kept our cancer surgery going at our cold site.
  
  The curve has been flattened, we are coping with the surge, the key now is the long game. The lockdown with ratchet back with younger and fit people allowed to work again, but it is going to be 12 to 18 months until vulnerable/shielded patients will be allowed out. We need a medium term solution to keeping COVID capacity at moderate levels whilst restarting elective services. Everything needs to be balanced.
  
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• Anonymous#CommentAvatarLabelCommented on:14 April 2020 15:31
  
  Ok, but with several million pounds of kit then if it were being used to offload the post ICU patients that would be low risk, and would allow acute trusts to better support their ICUs.
  Otherwise they really are white elephants. This is where the Northern Nightingale model is much smarter.
  
  

The people on that site need more reliable sources like we have on here and then they'd know that someone's neighbours cousin has said that Walsgrave is overflowing and can't cope.

 

[PVA]

Correct and that’s why we have governments making tough calls not “experts” on keyboard with twitter and pretty graphs as their armoury

Well all the pretty graphs and many experts show that the government locked down too late.

Just because they are the government does not automatically make them correct and everyone else wrong (I know that's how it works in your Tory mind though).

 

[shmmeee]

Well all the pretty graphs and many experts show that the government locked down too late.

Just because they are the government does not automatically make them correct and everyone else wrong (I know that's how it works in your Tory mind though).

Funny thing is the government is using the exact same “pretty graphs” that Grendel said were shite.

 

[Grendel]

You need to create demand, the economy will lots of spare capacity but it's the demand side of the economy that is the issue.

The paradox of thrift will be in play so it's very important to spend money to create demand

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David mentioning a economic theory that relates to an economy where consumers have large savings rather than relying on expenditure via additional credit I do find bewildering

 

[Sick Boy]

Deffo needs to be 3-6 weeks longer before we somewhat start loosening but if it goes on for months and months more people will die from the long term effects (job losses, depression) it’s hard to find a balance for the long term thinking

I would think the UK is more likely to be 5/6 weeks away but with some sort of return to work within that time for certain types of jobs.

 

[Grendel]

Funny thing is the government is using the exact same “pretty graphs” that Grendel said were shite.

Not to compare countries as it’s frequently acknowledged that each country has a very different way of recording deaths

 

[David O'Day]

David mentioning a economic theory that relates to an economy where consumers have large savings rather than relying on expenditure via additional credit I do find bewildering

No grenners.

The paradox of thrift is not just about the size oc peoples savings is it.

It's the economic paradox that happens in downturns. Rational thinking states that it is good to reduce personal spending in the time of economic trouble, the paradox is that if too many people reduce their spending it reduces demand in the economy and is worse for the state of the economy.

It has nothing to with having large savings so once again you have shown yourself to have fuck all knowledge of anything you talk about.

Back on ignore you go

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[Grendel]

No grenners.

The paradox of thrift is not just about the size oc peoples savings is it.

It's the economic paradox that happens in downturns. Rational thinking states that it is good to reduce personal spending in the time of economic trouble, the paradox is that if too many people reduce their spending it reduces demand in the economy and is worse of the state of the economy.

It has nothing to with having large savings so once again you have shown yourself to have fuck all knowledge of anything you talk about.

Back on ignore you go

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So you would stimulate spending David when people actually have no funds to spend and have a natural adversity to risk due to exposure - how in government would you overcome this dichotomy David - to enact this tired Keynsian theory in practical terms what would you do to increase consumer confidence and spending and what safeguards would you have to protect those in society if the consequence of borrowing does not result in the desired fiscal stimulus?

Why pretend I’m in ignore David?

What do you go for a living? I’m thinking you have a GCSE in economics and are having a rather long break

 

[Ring Of Steel]

So you would stimulate spending David when people actually have no funds to spend and have a natural adversity to risk due to exposure - how in government would you overcome this dichotomy David - to enact this tired Keynsian theory in practical terms what would you do to increase consumer confidence and spending and what safeguards would you have to protect those in society if the consequence of borrowing does not result in the desired fiscal stimulus?

Why pretend I’m in ignore David?

What do you go for a living? I’m thinking you have a GCSE in economics and are having a rather long break

What’s the thing you have with this guy of repeating his name multiple times?

 

[Grendel]

What’s the thing you have with this guy of repeating his name multiple times?

Whets his thing with pretending I’m on ignore and what are you asking for?

 

[Ring Of Steel]

Whets his thing with pretending I’m on ignore and what are you asking for?

lol, so you’re salty that he’s ignoring you- would have thought you were used to that by now, but whatever. Anyway as you were, will leave you to do your usual schtick

 

[David O'Day]

Government spending stimulates the economy. The multipliers show this.

Why are you talking about how much money people have? That's the issue you plum and why the government needs to enact stimulus packages. These can be anything from increasing capital spending to universal income via a new version of QE.

You really have no fuck8ng clue. Remember when you said devaluing sterling would be good for the uk economy

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[David O'Day]

No pretending

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[covmark]

No grenners.

Back on ignore you go

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Back to your echo chamber. Seems anyone who disagrees with you goes onto ignore?

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[David O'Day]

lol, so you’re salty that he’s ignoring you- would have thought you were used to that by now, but whatever. Anyway as you were, will leave you to do your usual schtick

He's a bitter unintelligent Walter Mitty type.



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[Grendel]

lol, so you’re salty that he’s ignoring you- would have thought you were used to that by now, but whatever. Anyway as you were, will leave you to do your usual schtick

Im not salty as he isn’t it’s funny. What’s you view on this theory he espouses?

 

[Grendel]

He's a bitter unintelligent Walter Mitty type.



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Ironic David as you’ve come up with a word copied it’s rationale from google and then of course failed to explain how it’s going to be implemented in this scenario

 

[David O'Day]

It's sad them grenners is such a weirdo he is arguing against mainstream economic theory. It's just bog standard counter cyclical economic spending. In periods of economic downturns it is prudent for the government to increase spending.

This is an accepted mainstream idea.

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[David O'Day]

Ironic David as you’ve come up with a word copied it’s rationale from google and then of course failed to explain how it’s going to be implemented in this scenario

You don't implement the paradox of thrift, it's something that happens.



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[David O'Day]

How do you implement the paradox of thrift? Comedy gold.

Read the whole wikipedia page next time mate.

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[Grendel]

It's sad them grenners is such a weirdo he is arguing against mainstream economic theory. It's just bog standard counter cyclical economic spending. In periods of economic downturns it is prudent for the government to increase spending.

This is an accepted mainstream idea.

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mmm and how is ther likely to manifest itself in practical terms David - remembering of course this discussion is centred actions to increase demand before the lockdown is lifted. Which other countries are going to adopt this approach do you think?

 

[Grendel]

How do you implement the paradox of thrift? Comedy gold.

Read the whole wikipedia page next time mate.

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I’m asking how you do it under these circumstances and specific strategies David that could be implemented without even more personal consumer debt? Or are you advocating more debt?

 

[Grendel]

You don't implement the paradox of thrift, it's something that happens.



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Really? Do if there are no savings and no actual output as everything is closed it “just happens”

Cool

 

[David O'Day]

mmm and how is ther likely to manifest itself in practical terms David - remembering of course this discussion is centred actions to increase demand before the lockdown is lifted. Which other countries are going to adopt this approach do you think?

We've already talked about increasing capital spending which can be done as construction works are ongoing or universal income.

You need to give people confidence to dine money which can be done during lockdown.

We are also.msinky talking about the governments actions after lockdown you thick c**t.

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[David O'Day]

I’m asking how you do it under these circumstances and specific strategies David that could be implemented without even more personal consumer debt? Or are you advocating more debt?

It's not something that people do, it is the action of peopkevehen faced with economic uncertainty l.

Ffs you cretin

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[Grendel]

More people will not die from any long term economic effects than will die from the virus.

It's up to the government to stimulate the economy and as they don't understand demand I fear they will fail 1

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Here David you say the government needs to stimulate the economy but then say “it just happens”

Can you explain the Paradox of David - David?

 

[David O'Day]

I’m asking how you do it under these circumstances and specific strategies David that could be implemented without even more personal consumer debt? Or are you advocating more debt?

Personal debt? It is the very opposite of incurring more personal debt.

It's people stopping spending money.

I'll repeat this again the paradox of thrift is not an economic theory you implement it is something that governments have to try and counter.

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[David O'Day]

Really? Do if there are no savings and no actual output as everything is closed it “just happens”

Cool

No you dense c**t, you don't know what it is.

You're fucking done here.



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[David O'Day]

Here David you say the government needs to stimulate the economy but then say “it just happens”

Can you explain the Paradox of David - David?

Grenners why do you lie so much?

That is not what I said is,

The paradox of grenners is you claim be so smart but in fact are possibly the most stupid person I have ever seen.

You are a laughing stock both on her and Twitter.

It's sad

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[Grendel]

We've already talked about increasing capital spending which can be done as construction works are ongoing or universal income.

You need to give people confidence to dine money which can be done during lockdown.

We are also.msinky talking about the governments actions after lockdown you thick c**t.

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So large scale construction projects increases consumer spending - short medium or long term? How does that revive say the service economy or manufacturing not related to construction? Why the abuse?

 

[David O'Day]

Today greeners proved himself to be ficking dumb.

I'm off for a run

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