sparky wrote:.
The test when the world economy will reach bottom is the number of unemployed
I know it's not really true but that will be a good measure for every non-economist
there should be a bounce when the lock-downs are lifted
afterward will be the test , airlines , auto industry are set for hard times
Alfred Tennyson wrote:We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
Newfie wrote:I’m quietly watching India and Bangladesh. My theory has been that we will see the full, unmitigated extent of the virus there. And that is the virus is as bad as predicted then there will be many dead, and that great loss of life will cause a mental depression that will send the market to a second bottom. And it will reinforce the depression.
Now it may work out that there will be no great loss of life there, and then the markets will not see that second bottom.
At this moment it’s not clear how that will work out.
sparky wrote:.
the problem with using India and Bangladesh , or Pakistan or most of black Africa is that their statistics suck mightily
either they are loosy in the collection , manipulated in the sorting out or plain twisted in the publication .
if their numbers could be trusted Bielorussia would be good since they had no lock-down but they just don't
the best is Sweden , and Israel , the former didn't do a full lock-down , the second did one for the elderly
for both the situation is changing as I write
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