CV19 - Cure worse than the disease? (Vol 10)
Discussion
dmahon said:
JuanCarlosFandango said:
A discernible trickle of these stories now. I suspect in the next few months we will see the whole thing pulled to bits and the government's handling of the affair will be criticised from every angle. The fact that Labour, most of the media and a large chunk of the public supported stricter measures will be easily brushed aside, and Boris will be the villain with a wrecked economy and a mishandled pandemic.
All of the carping yesterday about the 1% pay rise for the NHS made me laugh. What the fook does everyone expect after the voluntary annihilation of our own economy! Many ‘non-public’ service businesses have been put on hold for the last 12 months and supported by the state.
Those same businesses contribute to the tax take in the country that then goes to fund ‘public’ services.
No income = no taxes = no funding for pay increases or investment.
Nursing and health unions response, ‘not good enough’ we want a 12.5% increase.
They seem to forget the economy is f
ked and will be for a while....Boringvolvodriver said:
JuanCarlosFandango said:
Yeah, watch them dig out the scientists who warned them, the civil servants who were ready to implement the original plan and the models showing how many the measures have killed.
They are at it already! https://www.theguardian.com/world/2021/mar/05/covi...
Amazing that someone with the political nous of Johnson at what should have been the very peak of his career fell into such an elephant trap.
Matt_N said:
That’s brilliant to see, not only from the police POV but also that the BBC were obviously not expecting that line in the interview!
The BBC were obviously frothing at the prospect of the police coming on to tell off all those naughty people daring to drive for a walk on the beach and got the exact opposite
Watching the interviewers face was particularly satisfying.The BBC were obviously frothing at the prospect of the police coming on to tell off all those naughty people daring to drive for a walk on the beach and got the exact opposite
johnboy1975 said:
The selection criteria should be available, or else its meaningless. TalkRadio polls often run 90% against lockdown, or whatever. You couldn't take that as a random sample for obvious reasons. Is it random/weighted/fair or isn't it?
They list the selection criteria, methodology and the demographics for all the polls. Edited by johnboy1975 on Friday 5th March 08:26
JuanCarlosFandango said:
Boringvolvodriver said:
JuanCarlosFandango said:
Yeah, watch them dig out the scientists who warned them, the civil servants who were ready to implement the original plan and the models showing how many the measures have killed.
They are at it already! https://www.theguardian.com/world/2021/mar/05/covi...
Amazing that someone with the political nous of Johnson at what should have been the very peak of his career fell into such an elephant trap.
Matt_N said:
Elysium said:
Turns out you can travel anywhere in the country provided you have a reasonable excuse:
We have finally found a policeman who is willing to be honest about what the law actually says:
https://www.examinerlive.co.uk/news/local-news/yor...
Its taken us almost a year of nonsense to get here though:
https://www.bbc.co.uk/news/uk-england-derbyshire-5...
That’s brilliant to see, not only from the police POV but also that the BBC were obviously not expecting that line in the interview!We have finally found a policeman who is willing to be honest about what the law actually says:
https://www.examinerlive.co.uk/news/local-news/yor...
Its taken us almost a year of nonsense to get here though:
https://www.bbc.co.uk/news/uk-england-derbyshire-5...
The BBC were obviously frothing at the prospect of the police coming on to tell off all those naughty people daring to drive for a walk on the beach and got the exact opposite
Boringvolvodriver said:
The question that then follows, is why have Japan and others in east Asia have had lower rates of infection? If it isn’t solely down to obesity and lifestyle that includes higher levels of Vit D, more exercise and fresh air, then why are they showing lower levels of infection and deaths?
64 deaths per million and 3451 cases per million compared to ours of 1821 deaths and 61670 cases is a pretty significant difference you have to admit.
Well infections is a little hard to answer. I'd suggest starting from a much lower point and actively dispersing large crowded situations has held infections much lower than in Europe and it's never got to a point it's very prevalent like here rather than anything intrinsic to each population.64 deaths per million and 3451 cases per million compared to ours of 1821 deaths and 61670 cases is a pretty significant difference you have to admit.
As far as mortality rates
Study on IFR from nature strongly suggests to my mind anyway fairly close mortality rates which does not support vastly different outcomes due to 'lifestyle' factors as suggested.
ant1973 said:
Just as a final point, the BoE minutes from 4th Feb make clear that asset purchases for the coming year are planned at £150bn.
Nope it didn't. It makes clear that 'for now' that's the plan. It made nothing clear about whether that figure would be amended later in the year Toyoda said:
pincher said:
The look of bewilderment, incredulity and disbelief at what he was being told on the presenter’s face is priceless
Marvellous, wasn't it!BBC Peter: So what is local?
Police Boss: It's irrelevant, as I've just said, Peter.
This needs circulating widely.
isaldiri said:
ant1973 said:
Just as a final point, the BoE minutes from 4th Feb make clear that asset purchases for the coming year are planned at £150bn.
Nope it didn't. It makes clear that 'for now' that's the plan. It made nothing clear about whether that figure would be amended later in the year 65. The existing programme of £150 billion of UK government bond purchases had started in January and the Committee continued to expect it to be completed by around the end of 2021. The Committee continued to envisage that the pace of purchases could remain at around its current level initially, with flexibility to slow the pace of purchases later. Further details of the planned operational approach to gilt purchases between the February and March MPC meetings were set out in the Market Notice accompanying these minutes. Should market functioning worsen materially again, the Bank of England stood ready to increase the pace of purchases to ensure the effective transmission of monetary policy.
They are talking about the pace of purchases - not the total amount.
Even para 66 talks only about re-evaulating "the existing technical parameters of the gilt purchase programme".
If you are making the general point that things change and the BoE could change course, I would agree. However, the minutes are a reasonable signal to the market that 2020-21 was an aberration. Bailey knows full well that he has monetised the debt and that no one really buys the inflation targeting argument.
ant1973 said:
Nope:
65. The existing programme of £150 billion of UK government bond purchases had started in January and the Committee continued to expect it to be completed by around the end of 2021. The Committee continued to envisage that the pace of purchases could remain at around its current level initially, with flexibility to slow the pace of purchases later. Further details of the planned operational approach to gilt purchases between the February and March MPC meetings were set out in the Market Notice accompanying these minutes. Should market functioning worsen materially again, the Bank of England stood ready to increase the pace of purchases to ensure the effective transmission of monetary policy.
They are talking about the pace of purchases - not the total amount.
Even para 66 talks only about re-evaulating "the existing technical parameters of the gilt purchase programme".
If you are making the general point that things change and the BoE could change course, I would agree. However, the minutes are a reasonable signal to the market that 2020-21 was an aberration. Bailey knows full well that he has monetised the debt and that no one really buys the inflation targeting argument.
Nope. Your earlier post suggested it was made clear the £150b was fixed and not likely to increase. I completely disagree - it's fixed....for now. The boe minutes suggested negative rates were very unlikely. There was nothing suggested or implied about further QE. 65. The existing programme of £150 billion of UK government bond purchases had started in January and the Committee continued to expect it to be completed by around the end of 2021. The Committee continued to envisage that the pace of purchases could remain at around its current level initially, with flexibility to slow the pace of purchases later. Further details of the planned operational approach to gilt purchases between the February and March MPC meetings were set out in the Market Notice accompanying these minutes. Should market functioning worsen materially again, the Bank of England stood ready to increase the pace of purchases to ensure the effective transmission of monetary policy.
They are talking about the pace of purchases - not the total amount.
Even para 66 talks only about re-evaulating "the existing technical parameters of the gilt purchase programme".
If you are making the general point that things change and the BoE could change course, I would agree. However, the minutes are a reasonable signal to the market that 2020-21 was an aberration. Bailey knows full well that he has monetised the debt and that no one really buys the inflation targeting argument.
isaldiri said:
ant1973 said:
Nope:
65. The existing programme of £150 billion of UK government bond purchases had started in January and the Committee continued to expect it to be completed by around the end of 2021. The Committee continued to envisage that the pace of purchases could remain at around its current level initially, with flexibility to slow the pace of purchases later. Further details of the planned operational approach to gilt purchases between the February and March MPC meetings were set out in the Market Notice accompanying these minutes. Should market functioning worsen materially again, the Bank of England stood ready to increase the pace of purchases to ensure the effective transmission of monetary policy.
They are talking about the pace of purchases - not the total amount.
Even para 66 talks only about re-evaulating "the existing technical parameters of the gilt purchase programme".
If you are making the general point that things change and the BoE could change course, I would agree. However, the minutes are a reasonable signal to the market that 2020-21 was an aberration. Bailey knows full well that he has monetised the debt and that no one really buys the inflation targeting argument.
Nope. Your earlier post suggested it was made clear the £150b was fixed and not likely to increase. I completely disagree - it's fixed....for now. The boe minutes suggested negative rates were very unlikely. There was nothing suggested or implied about further QE. 65. The existing programme of £150 billion of UK government bond purchases had started in January and the Committee continued to expect it to be completed by around the end of 2021. The Committee continued to envisage that the pace of purchases could remain at around its current level initially, with flexibility to slow the pace of purchases later. Further details of the planned operational approach to gilt purchases between the February and March MPC meetings were set out in the Market Notice accompanying these minutes. Should market functioning worsen materially again, the Bank of England stood ready to increase the pace of purchases to ensure the effective transmission of monetary policy.
They are talking about the pace of purchases - not the total amount.
Even para 66 talks only about re-evaulating "the existing technical parameters of the gilt purchase programme".
If you are making the general point that things change and the BoE could change course, I would agree. However, the minutes are a reasonable signal to the market that 2020-21 was an aberration. Bailey knows full well that he has monetised the debt and that no one really buys the inflation targeting argument.
"Just as a final point, the BoE minutes from 4th Feb make clear that asset purchases for the coming year are planned at £150bn."
See above. I was pointing out what was planned. Do we need to discuss the definition of "planned".
Matt_N said:
Toyoda said:
pincher said:
The look of bewilderment, incredulity and disbelief at what he was being told on the presenter’s face is priceless
Marvellous, wasn't it!BBC Peter: So what is local?
Police Boss: It's irrelevant, as I've just said, Peter.
This needs circulating widely.
That Assistant Chief Constable should be promoted forthwith to 'Chief'!
Articulate, and far, far too bright for the agenda-ridden clueless Beeb presenter!
Embarrassing for the Beeb and hilarious for viewers.
Boringvolvodriver said:
My take on it is that once Johnson read the bit where 500k could die, he panicked as politically he did not want that on his watch. Sadly he and his fellow cabinet members did not have the intelligence to look at the data presented and to challenge it for fear of looking stupid in front of the scientists.
Rings true. A few weeks in the polls looked good, there were no piles of bodies so he must have saved the day.Matt_N said:
That’s brilliant to see, not only from the police POV but also that the BBC were obviously not expecting that line in the interview!
The BBC were obviously frothing at the prospect of the police coming on to tell off all those naughty people daring to drive for a walk on the beach and got the exact opposite
My local area The BBC were obviously frothing at the prospect of the police coming on to tell off all those naughty people daring to drive for a walk on the beach and got the exact opposite
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