Members Login
Username 
 
Password 
    Remember Me  
Post Info TOPIC: On the edge...


Back To Boomtown

Status: Offline
Posts: 7207
Date:
On the edge...
Permalink  
 


... now interest rates are going to be 0.1%.

12 years after the credit crunch there is nowhere to go. 

I am not sure we can just sit inside for months on end, the collateral damage will be too extreme.  We might have to just live with (or die by) Covid-19 and accept the consequences...



__________________

 What is this bloke talking about? 


Loudmouth

Status: Offline
Posts: 2631
Date:
Permalink  
 

ArrGee wrote:

... now interest rates are going to be 0.1%.

12 years after the credit crunch there is nowhere to go. 

I am not sure we can just sit inside for months on end, the collateral damage will be too extreme.  We might have to just live with (or die by) Covid-19 and accept the consequences...


 I think you may be right. If this goes on for more than 12 weeks, then the longer it goes on the more there will be nothing to live for. People can only 'comply' for so long. We will risk civil unrest and total collapse of the economy and society if this persists into autumn and winter. We have to hope the better weather helps weaken the virus, treatment and vaccines progress and these extreme measures bear fruit. 



__________________


Dave

Status: Offline
Posts: 403
Date:
Permalink  
 

Mark L wrote:
ArrGee wrote:

... now interest rates are going to be 0.1%.

12 years after the credit crunch there is nowhere to go. 

I am not sure we can just sit inside for months on end, the collateral damage will be too extreme.  We might have to just live with (or die by) Covid-19 and accept the consequences...


 I think you may be right. If this goes on for more than 12 weeks, then the longer it goes on the more there will be nothing to live for. People can only 'comply' for so long. We will risk civil unrest and total collapse of the economy and society if this persists into autumn and winter. We have to hope the better weather helps weaken the virus, treatment and vaccines progress and these extreme measures bear fruit. 


 There are a few potential vaccines. One is a very cheap, old anti malaria drug called chloroquine. Also interesting drug called Remdesivir seems to be helpful.

I think a vaccine may be available sooner than we think. The two drugs I mention can also reduce symptoms. Short term its gonna be 'don't stand so close to me'.smile



__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us


Create your own FREE Forum
Report Abuse
Powered by ActiveBoard