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TOPIC: Plagues
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Re:Plagues 3 Years, 9 Months ago
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Re:Plagues 3 Years, 9 Months ago
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A couple of intriguing/surprising statistics - on coronavirus deaths in the United States:-
1. New York and New Jersey now have more deaths than the UK
2. With 4.25% of the world population, the US has 25% of all fatalities
Perhaps most worrying is that many states see basic precautions as an infringement of liberty.
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Re:Plagues 3 Years, 9 Months ago
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Economic ruin?
On extremely favourable terms, the world is queuing up to lend money to the USA.
But round 70% of their debt is American - around $19 trillion.
The other $2t is provided by China and Japan - who are just waiting to be asked for more!
With more infections and deaths than anywhere else - financial problems are the least of the current US problems.
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Re:Plagues 3 Years, 9 Months ago
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Barney wrote:
A couple of intriguing/surprising statistics - on coronavirus deaths in the United States:-
1. New York and New Jersey now have more deaths than the UK
2. With 4.25% of the world population, the US has 25% of all fatalities
Perhaps most worrying is that many states see basic precautions as an infringement of liberty.
It can be an infringement of liberty, though.
I was not a fan of the lockdown, but I'm quite keen to avoid covid ridden people breathing on me, so I wear a mask (despite claustrophobia causing panic attack) and keep well back, but my patience snapped in an indoor shopping centre recently.
There was arrows on the floor, one way up, one way down. My side became too crowded to distance and so I moved over and walked up the completely empty "down" side, and incurred the wrath of the walking monitor (or whatever they call them) who was overjoyed to order me back on the correct side, and furious when I refused to do so until it was clear.
He said "It might be too crowded but rules are rules" and stood to close while he was bleating.
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Re:Plagues 3 Years, 9 Months ago
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Yes Honey, the simple things have become difficult. Even getting a pint - I had to endure the following:-
- have you sanitised your hands?
- can you stand in front of the screen please
- full name and contact details please
- where will you be sitting?
- what would you like to drink?
- cash or card?
- your drink will be brought to your table
There were other exchanges - and the drink came over 5 minutes later, in a virtually empty pub.
Next time - I'll probably drink at home, as half the country appears to be doing at the moment.
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Re:Plagues 3 Years, 9 Months ago
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wyot wrote:
Struggling to see how US increasing its debt burden is a sign of economic health Barney. And when will you acknowledge that economic misery leads to human misery, and deaths.
Yes, the increasing debt of many countries is concerning. Take the UK, for instance.
Twenty years ago, our National Debt was about £400 billion - not it's 6 times that!
Largely because of the costs of the welfare state (pensions, NHS etc.) and because budget surpluses are rare.
In addition, the banks had to be bailed out, nuclear aircraft carriers are being built and coronavirus needed to be fought.
Our National Debt is here for good - on which we paid about £1 billion a week, in interest. Soon - it'll be twice that.
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Re:Plagues 3 Years, 9 Months ago
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Like the USA - the UK borrows for everything, as its annual Profit and Loss Account is usually negative.
A profit was last generated by Blair/Brown - and, by the Tories, in the days of Margaret Thatcher.
Consequently, we are constantly borrowing on our future.
Which, after recessions and viruses, is uncertain.
Interest rates though are becoming negative (you pay back less than you borrow) - so the spiral will continue, indefinitely...
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