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

reuters.com

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

#431

Post by oska »

pmorici wrote: post #129
jmnicolas wrote: post #33

Earlier quoted context omitted.

According to your link the survivability rate is almost 98% (305 deaths for 14628 cases). (I'm trying to inject a bit of optimism here, people are so gloomy).

For anyone wanting an accurate perspective on the risks of This virus I'd highly recommend watching the Youtube videos MedCram is doing. Their first two esp explain the basics and they have been putting out a daily update. Citing the fatality rate really buries the lead. The issue is that in a high percentage of cases (~29%), including perfectly healthy people, the virus causes ARDS which is a serious condition that…

These videos are very good. Thanks for the suggestion.

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

#432

Post by jacquesm »

sytelus wrote: post #275
ttul wrote: post #8

A friend of mine is leaving HK today - he lives there, so this is not a casual trip abroad. He said the level of fear is making it impossible to live there as a single person. The shops and restaurants are closed. Even his own employer shut its doors indefinitely - and they’re just a video production company. The virus won’t be what ruins China. It’s the panic itself.

So really, how bad is this? Per article less than 400 people have died in the country with over a billion people.

So far.

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

#433

Post by tomcam »

toyg wrote: 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.

> semi-fascist US consensus under GW Bush

Could you please explain that incredibly inflammatory point and provide some evidence please?

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

#434

Post by YarickR2 »

lonelappde wrote: post #232
threatofrain wrote: post #147

Earlier quoted context omitted.

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 ga…

Considering the rapid efficient response to Katrina in New Orleans and the Hurricane Dorian in Puerto Rico (catastrophes which, unlike a new virus, are completely unpredictable in their timing of appearance and scope of impact) it's pretty clear that the US would have rapidly deployed infrastructure and supplies exactly where they needed to prevent any casualties.

Please add /s ?

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

#435

Post by koheripbal »

yongjik wrote: post #429
ShorsHammer wrote: post #427

Meta: 185 top comment replies, 278 comments total. The redditfication of this place continues. China articles are essentially broken and there's no point trying to advance the discussion or have healthy debate. Someone should make an extension that collapses all replies and only shows top level comments, think it might be a lot healthier for online discourse.

Also, about half of the comments are "(China/America/government in general) is evil, because (some superficial observation already known by 99% of visitors here and not directly relevant to the current situation)", or some form of generic refutation. I'm also frequently guilty of the same thing, but this is getting out of hand...

Social media websites all suffer from a phenomenon of being flooded low quality content the moment they become popular.

Reddit's content quality dropped significantly the moment they deployed their mobile app, though it had been on a downward decline for a while.

I've seen HN being discussed at length on Reddit as a better alternative for "adylts", but now we see the same slow decline here.

The important questions are...

1. How can social media sites control quality of submitters.

2. What is the next site everyone over 30 is moving to and how do we stop all these teenagers from following us? /s

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

#436

Post by backupcavalry »

wongarsu wrote: post #310
ohazi wrote: post #226

Earlier quoted context omitted.

I agree with you, but if people in China are spending hours in line trying to get a mask, they're almost certainly not altruistically trying to improve the public health situation -- they've been misinformed about what the mask is going to do for them. Let's be realistic here -- when the public is in a panic, their behavior gets worse, not better.

So they are doing the right thing for wrong, selfish reasons because they are misinformed.

Isn't there also a shortage of masks because everyone's snapping them up and hoarding them? If people who're actually ill can't get a hold of any because of that then I'd argue they aren't even doing the right thing period.

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

#437

Post by datashow »

ShorsHammer wrote: post #427

Meta: 185 top comment replies, 278 comments total. The redditfication of this place continues. China articles are essentially broken and there's no point trying to advance the discussion or have healthy debate. Someone should make an extension that collapses all replies and only shows top level comments, think it might be a lot healthier for online discourse.

OK. So here is the real news: Shanghai Composite index plunges 8.7% as market reopens https://www.news10.com/news/shanghai-composite-index-plunges...

So the $174B isn't working?

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

#438

Post by edoo »

Adding liquidity (aka printing money) just kicks the can down the road. Supposedly the US GDP last year was up close to 4%, but they failed to account for the 6% increase in the money supply, which means an actual 2% contraction instead which is a huge difference. In the US at least this has been ongoing since 2009. In the long run it causes more losses to the people overall while creating/propping up the upper echelons of a monetary cast system. An analogy could be getting hit on the hand with a hammer. It might be scarier to get a single hard blow but repeated medium energy blows are overall going to cause a lot more damage.

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

#439

Post by wrkronmiller »

ShorsHammer wrote: post #427

Meta: 185 top comment replies, 278 comments total. The redditfication of this place continues. China articles are essentially broken and there's no point trying to advance the discussion or have healthy debate. Someone should make an extension that collapses all replies and only shows top level comments, think it might be a lot healthier for online discourse.

The discussion I’m seeing seems to have a healthy amount of variety of opinion.

Why is quantity alone a sign of unhealthy discourse?

Other people probably find their (differing) general comments relevant even if you don’t. Let them talk it out. Tell them why you think they are off topic or off their rockers; or don’t participate. It’s your choice.

Nothing here seems particularly “broken” however.

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

#440

Post by bane »

rossdavidh wrote: post #418
koheripbal wrote: post #263

Earlier quoted context omitted.

A government held to the standards of over a hundred years ago is still garbage by today's standard. "x is not a new problem" - is not an argument - it's a whataboutism. Every single problem has existed before.

You're right, it's not an argument, it was a thing to point out, that this problem is not specific to non-democracies. The reason the example is from 100 years ago, is that we haven't really seen as serious a threat as that since then. The closest we've had in the western world since then, was AIDS in the 80's, and I don't think the response was all that top-notch in the first few years. But then, the disease speed o…

The closest I can think of might be Mad Cow Disease.
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