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China to inject $174B of liquidity on Monday as markets reopen

reuters.com

141–150 of 560 posts

Re: China to inject $174B of liquidity on Monday as markets reopen

#141

Earlier quoted context omitted.

I wouldn't travel to China now, but I wouldn't hesitate to travel anywhere else in the world (I'll gladly accept any donations to prove my point ;-)

I'd even happily travel to china. My worry would be the risk of being stuck somewhere when my planned transport is cancelled rather than being infected and dying. 300 deaths out of over a billion people is nothing.

why do you believe china's numbers?

Re: China to inject $174B of liquidity on Monday as markets reopen

#142
post #130

Gorbachev used to say that Chernobyl was where the USSR really started to crumble. The disaster made clear how morally bankrupt and technically incompetent the system really was, wiping out any remaining goodwill or trust. Similarly, Katrina was where the semi-fascist US consensus under GW Bush went to pieces. I suspect China will experience a similar moment at some point. This might well be it.

> Similarly, Katrina was where the semi-fascist US consensus under GW Bush went to pieces.

Leaving aside the offensive comparison of the US to the USSR, you overlook that after GWB, we doubled down on the “US consensus” by electing Barack “drone strike” Obama. (I think Obama was a great President, but he was also very little different than George Bush except in his oration.)

Re: China to inject $174B of liquidity on Monday as markets reopen

#143
Ask HN: Should I be worried about the PANIC around the current situations, will they act as a rescission trigger? Can I assume a proportional impact on crypto-currency market as well?

More importantly, I'm considering a move from a Bn$ organization to a safety concerned mobile-app product startup, How to access whether a start-up can survive if the situation end-up on the negative side, in the next 6 months.

Re: China to inject $174B of liquidity on Monday as markets reopen

#144

Having lived in Beijing for 9 years, I’m glad I’m not there right now. Not because of a fear of getting sick, but of the sheer boredom of being stuck in my apartment, nowhere to eat, drink, or even walk without an appropriate face mask. Heck, even going to the office is probably off limits right now.

The face masks aren’t especially effective for this disease

This is false. If used right along with other common sense measures like washing your hands regularly and not touching your eyes / nose / mouth they reduce your risk of catching and spreading infection. [0]

[0] https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4868605/

Re: China to inject $174B of liquidity on Monday as markets reopen

#145

Ask HN: Should I be worried about the PANIC around the current situations, will they act as a rescission trigger? Can I assume a proportional impact on crypto-currency market as well? More importantly, I'm considering a move from a Bn$ organization to a safety concerned mobile-app product startup, How to access whether a start-up can survive if the situation end-up on the negative side, in the next 6 months.

People have been saying they expect a recession in the next 2 years for the last 2 years and now is no different. If it was easy to predict when the least risky time is to make a risky decision, then it wouldn't be risky, gambling wouldn't be a thing, and life would be forever boring.

Re: China to inject $174B of liquidity on Monday as markets reopen

#146
post #130

Gorbachev used to say that Chernobyl was where the USSR really started to crumble. The disaster made clear how morally bankrupt and technically incompetent the system really was, wiping out any remaining goodwill or trust. Similarly, Katrina was where the semi-fascist US consensus under GW Bush went to pieces. I suspect China will experience a similar moment at some point. This might well be it.

This won't be it.

For one thing, China is quite technically competent.

Re: China to inject $174B of liquidity on Monday as markets reopen

#147

Earlier quoted context omitted.

It seems to me that China can only make wrong in your eyes. If it takes time to act it is because the system causes this failure. If the government acts swiftly, it is because they are in panic. If it does not solve the situation, of course because they have a terrible oppressive culture. If the problem is fixed. Of course, because these are one of the few advantages of having an authoritarian system. No matter what…

This is the first comment I've made on this forum about China, so whoever you're speaking to is clearly not me but a collective "you" instead. Responding as myself, I simply added balance to the comment above me. Many people are making the exact same argument the person I responded to is making, and while that argument isn't false, it's clearly misleading. China does get credit for responding to the situation as they…

How would the situation have played out in the west? The symptoms are flu-like. Would the situation have been contained on the theory that people will self-diagnose after watching the evening news or hearing about it over Facebook?

Also, if any situation explodes, would the west be as capable in quarantining a huge urban population or building a quick hospital?

Would emergency aid be tossed around like a political game?

Re: China to inject $174B of liquidity on Monday as markets reopen

#148

Ask HN: Should I be worried about the PANIC around the current situations, will they act as a rescission trigger? Can I assume a proportional impact on crypto-currency market as well? More importantly, I'm considering a move from a Bn$ organization to a safety concerned mobile-app product startup, How to access whether a start-up can survive if the situation end-up on the negative side, in the next 6 months.

I'm bullish on cryptocurrency.

Re: China to inject $174B of liquidity on Monday as markets reopen

#149

Earlier quoted context omitted.

Yeah, but that's just due to the meth

It’s mostly due to laws that make all police blotters (records of arrests and other incidents) in Florida open to the public immediately (and thus easy for journalists to mine for interesting stories). Couple that with a huge population and something weird will happen most days.

I dunno man. I think any state would be hard-pressed to top this list: https://www.esquire.com/news-politics/a26899191/florida-man-...

Re: China to inject $174B of liquidity on Monday as markets reopen

#150
post #138

Earlier quoted context omitted.

The face masks aren’t especially effective for this disease

People are downvoting the parent, but he/she is correct. So many people misunderstand these masks. Surgical masks protect other people from your coughing / breathing -- they do nothing for you. N95 masks are notoriously difficult to actually fit correctly. A mask with a filter needs to be completely sealed around your face. You should not be able to get any airflow in from the sides. The elastic is usually too weak,…

As I understood it their primary purpose was to get the wearer to not absent-mindedly touch their face, which is a much higher vector of infection than airborne inhalation of disease.
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