Thread: 2020 Recession

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  1. #81
    Quote Originally Posted by Gaidax View Post
    Your government does this for various reasons for many benefits. Just be happy that in this case you send it over to a country that does not fancy burning your flags in their backyard as they get it.

    You have no shortage of those either.
    Actually it is better to send it to countries that burn your flags because you shouldn't need to bribe your friends so not sure what the gotcha is here.

  2. #82
    The Unstoppable Force Gaidax's Avatar
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    Quote Originally Posted by Draco-Onis View Post
    Actually it is better to send it to countries that burn your flags because you shouldn't need to bribe your friends so not sure what the gotcha is here.
    Then send it to Iran for all I care.

    Won't be the first idiotic thing US does and won't be the last.

  3. #83
    Quote Originally Posted by Gaidax View Post
    Then send it to Iran for all I care.

    Won't be the first idiotic thing US does and won't be the last.
    I don't think you understand the concept of soft power you don't need to make friends with your friends. You can argue about who within a country you give it to but it can be a worth while investment. If giving money to Iran gives us influence or information then it's fine, I suggest you educate yourself on these things.

  4. #84
    Herald of the Titans CostinR's Avatar
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    Quote Originally Posted by Gaidax View Post
    Well, I personally, as well am less than impressed with EU as of last decade. I just think that those knucklehead running the show would prefer opening the cashier instead of dealing with Quitaly or other fancy remakes of word exit or quit plus country reference.
    They've panicked for now...which is good since they know their pretty little heads were going on the chopping block if they had contentiously fucked this as they have so far.

    How long that situation will last is anyone's guess.
    "Life is one long series of problems to solve. The more you solve, the better a man you become.... Tribulations spawn in life and over and over again we must stand our ground and face them."

  5. #85
    Quote Originally Posted by CostinR View Post
    European solidarity? Fat fucking chance of that happening anytime soon. The European Central Bank basically said it wasn't their problem to fix. Germany refused to give Austria and Switzerland face masks. European borders, both external and internal have been closed in an effort by the European Commission to try and not have the EU destroy itself right here and now: Because no sane person wants the coronavirus to come to their country thanks to absolute idiocy on display from our dear leaders who in their love for Chinese money and in their love for their free movement of people didn't shut down travel to and from China as Trump, nor did they stop travel across the EU when they should have.

    So now Europe is the center of the pandemic. We should help Italy with everything they need from finances to medical supplies ( not that you can expect great leaders of Europe to do that properly because can't imagine dear Germany with it's budget surplus spending hundreds of billions to save the Italians ) but after everything is done in 1-2 years from all these great men and women responsible for this should be put on trial and at best thrown in jail for the rest of their lives, because they do deserve it.

    The British, as arrogant as they are, may have made the absolutely correct decision with Brexit...because I don't think the EU is going to survive this one. We're still dealing with the lack of leadership during the Great Recession, this is only going to be worse.
    Its worse than that, Germany was blocking shipments of masks, gloves and the likes that were only transiting in one of their Free Ports, ie that were never even imported in Germany.

    It got even sillier and tragic when one of our major manufacturer of Mechanical Ventilator, whose teams are currently working 24/7 to produce essential life-saving machines for Italy and the whole World (while German competitors won't export anymore), got shipments of components grounded in Romania due to being "medical equipment"...
    "It is every citizen's final duty to go into the tanks, and become one with all the people."

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  6. #86
    All because the fucking bloodthirsty comunist regime of China that allowed this disease to take over. I wonder when USA and Europe will start making China responsible for all the crap they do. When they are not poluting the planet they are killing us with plagues.
    English is not my main language so grammar errors might happen.

  7. #87
    Survival of the fittest. Meaning the country with the population that adapts the best will counter a real recession effectively.

  8. #88
    Some economists in my country expect a 5-8% drop this year. Ouchie oochie, good thing my job is kinda fired-proof.

  9. #89
    Quote Originally Posted by Thereturn View Post
    Survival of the fittest. Meaning the country with the population that adapts the best will counter a real recession effectively.
    Not the US, not with Trump leading the country, and with him leading the country, it has only gotten worse.

  10. #90
    Optimistic analyst give us a small recession this year. Other experts tell us the planned 10 billion package is nowhere near enough and we'd need a 100 billion at least.

    On another note we are ramping up for home-office (no clue how I'll make it with 4 young children in a small 2 bedroom apartment...). For a lot of people here it will be a first. They are similarly trying to devise things for schools, altough there are calls to cancel the school and academic year. Apparently the French were much more prepared for that, due to the massive public service strikes they had from december to january. Reportedly in China home-office was hell.

    Will we see home-office durably adopted on a large scale in the future?

    On the supply chain aspect, I am reading a good number of news that companies want to diversify if not relocalize their production. Perhaps we'll see laws for that in strategic sectors...
    "It is every citizen's final duty to go into the tanks, and become one with all the people."

    ~ Chairman Sheng-Ji Yang, "Ethics for Tomorrow"

  11. #91
    The Insane Masark's Avatar
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    Quote Originally Posted by Voidwielder View Post
    Some economists in my country expect a 5-8% drop this year. Ouchie oochie, good thing my job is kinda fired-proof.
    JP Morgan is saying 14%.

    And no, there is not supposed to be a decimal point in that number.

    Warning : Above post may contain snark and/or sarcasm. Try reparsing with the /s argument before replying.
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  12. #92
    Banned JohnBrown1917's Avatar
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    Quote Originally Posted by Nefastus View Post
    All because the fucking bloodthirsty comunist regime of China that allowed this disease to take over. I wonder when USA and Europe will start making China responsible for all the crap they do. When they are not poluting the planet they are killing us with plagues.
    This is not China's fault, but hey, any excuse to show your racism, eh?

  13. #93
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    Quote Originally Posted by segara82 View Post


    I found this piece interesting.
    Trump really saw this coming and is planning to do a massive money giveaway people must bee too blinded with socialism to not see what a massive voters bribery it is

  14. #94
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    Quote Originally Posted by Nefastus View Post
    All because the fucking bloodthirsty comunist regime of China that allowed this disease to take over. I wonder when USA and Europe will start making China responsible for all the crap they do. When they are not poluting the planet they are killing us with plagues.
    Woah dude take it easy, you aren't allowed to point out that China using medieval wet markets filled with exotic animals and no sanitation created this virus and then their incompetent attempt to cover it up allowed it to spread... That's racist.

    Feel free to blame the US and Trump in particular, however.

    - World Health Organization

  15. #95
    Quote Originally Posted by CommunismWillWin View Post
    This is not China's fault, but hey, any excuse to show your racism, eh?
    I'd recommend taking reading lessons, for he was very clearly refering to your darling PRC regime, and not the people they have yet again been murdering through the usual "scientific" amateurism in their thirst for power.

    BTW the countries that had the most efficient response so far are Taiwan and Hong Kong, the latter even closing its border contrary to Beijing's will...
    "It is every citizen's final duty to go into the tanks, and become one with all the people."

    ~ Chairman Sheng-Ji Yang, "Ethics for Tomorrow"

  16. #96
    Banned JohnBrown1917's Avatar
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    Quote Originally Posted by Chairman Sheng-Ji Yang View Post
    I'd recommend taking reading lessons, for he was very clearly refering to your darling PRC regime, and not the people they have yet again been murdering through the usual "scientific" amateurism in their thirst for power.

    BTW the countries that had the most efficient response so far are Taiwan and Hong Kong, the latter even closing its border contrary to Beijing's will...
    Imagine thinking I actually support the PRC. Can't you think up any better lies?
    And when is Italy going to be blamed for being the epicenter of europe? Or does it now suddenly not count?


    And for the record "china" does refer to the PRC here.

    - - - Updated - - -

    Quote Originally Posted by I Push Buttons View Post
    Woah dude take it easy, you aren't allowed to point out that China using medieval wet markets filled with exotic animals and no sanitation created this virus and then their incompetent attempt to cover it up allowed it to spread... That's racist.

    Feel free to blame the US and Trump in particular, however.

    - World Health Organization

    Nothing was stopping you from closing your own borders, but I suppose that was to hard.

  17. #97
    Titan I Push Buttons's Avatar
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    Quote Originally Posted by CommunismWillWin View Post
    Nothing was stopping you from closing your own borders, but I suppose that was to hard.
    The US closed off entry to China and foreigners who had traveled to China recently almost seven weeks ago...

    And people bitched about it, calling it racist and premature... Even the WHO criticized it...

    https://www.bbc.com/news/world-51338899

    Quote Originally Posted by BBC
    Countries around the world have closed their borders to arrivals from China, as officials work to control the rapid spread of the coronavirus.

    The US and Australia said they would deny entry to all foreign visitors who had recently been in China, where the virus first emerged in December.

    Earlier, countries including Russia, Japan, Pakistan and Italy announced similar travel restrictions.

    But global health officials have advised against such measures.

    "Travel restrictions can cause more harm than good by hindering info-sharing, medical supply chains and harming economies," the head of the World Health Organization (WHO) said on Friday.

  18. #98
    The Insane Acidbaron's Avatar
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    Quote Originally Posted by I Push Buttons View Post
    The US closed off entry to China and foreigners who had traveled to China recently almost seven weeks ago...

    And people bitched about it, calling it racist and premature... Even the WHO criticized it...

    https://www.bbc.com/news/world-51338899
    People most likely expected it to be just like SARS last time around, they were wrong. And those officials will have quite a lot to answer for.

    But to be fair the trump administration answer has been to close border on a lot of issues without a lot of thought behind it. Also China has come to aid of others as it was not fellow EU member states that delivered goods to Italy but China, that is a tale of shame within the EU that is also going to be told for quite some time.

  19. #99
    Quote Originally Posted by CommunismWillWin View Post
    Imagine thinking I actually support the PRC. Can't you think up any better lies?
    And when is Italy going to be blamed for being the epicenter of europe? Or does it now suddenly not count?


    And for the record "china" does refer to the PRC here.
    Given how denouncing the bloody incompetent communist regime in China magically translate to you into anti-chinese racism, you're making it extremely hard to guess you're not a PRC supporter.
    Does calling Bashar Al-Assad the Butcher of Damas equate to being racist against Syrian and Arab people?

    The PRC is the entity that currently and fleetingly happens to control most (but not all) of China.
    And which effectively have it under its bloody yoke.

    You are welcome.

    Back to OT, supply chains drifting away from China are both a risk and opportunity to global prosperity: risk as countries might close their markets and global trade diminish like in the 30s, or opportunity as shifting and diversifying supply chains and industries to poorer countries could lift millions if not billions of people out of poverty.
    "It is every citizen's final duty to go into the tanks, and become one with all the people."

    ~ Chairman Sheng-Ji Yang, "Ethics for Tomorrow"

  20. #100
    Quote Originally Posted by CommunismWillWin View Post
    This is not China's fault, but hey, any excuse to show your racism, eh?
    Yeah I'm sure this bio weapon just appeared out of thin air and isn't related to the stuff they were stealing previously from virus labs...

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