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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

#521

Post by cmendel »

marcosdumay wrote: post #417
moralestapia wrote: post #85

Earlier quoted context omitted.

>there would already be much more deaths than there is now Why? People can be sick for quite some time (in this case, a month, maybe?) and then ultimately die from the disease, this is actually like ... the most common scenario ... I have been unpleasantly surprised by how much people struggle to understand this simple concept. Recovered / (recovered+death) is how you do it. It's common sense, come on ...

> People can be sick for quite some time (in this case, a month, maybe?) and then ultimately die from the disease Usually, not from a viral infection. The usual scenario from a viral infection is that if you are not dead in 2 weeks, you will almost certainly recover. There are exceptions, but nothing I've read about this virus leads to the conclusion that it is one of those.

Yes, but the incubation period on this one is 14 days. That changes the calculus.

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

#522

Post by simonh »

ithinkinstereo wrote: post #99
adnzzzzZ wrote: post #52

Earlier quoted context omitted.

This kind of analysis I'm seeing everywhere is so misguided. The reason the local government didn't report on the situation accurately and even punished some journalists for speaking about it is a flaw of how their country is run and how their command structure incentives are poorly set up. This isn't a new problem and it's why we have converged to a different system in most of the West. The government coming in late…

There's a Chinese saying that's apt here; "山高皇帝远" which literally translates into "mountains are high, the emperor is far away." However, I disagree that this is solely unique to China. You see it in the west too. The water crisis in Flint, MI springs to mind.

It’s not a matter of uniqueness, but scale and frequency. People are still people in any system, and no system is perfect, but that doesn’t mean some systems aren’t clearly far, far better than others.

Let’s take the Australian bush fires. The response of the PM has been widely criticised and the fire chief and regional governments have taken the lead and been very effective, even heroic in their efforts.

In an authoritarian system it would be impossible for the most effective and organised arms if government to push in and get things done, even if I’n theory they lack the ultimate authority. Competence and public support matter. In an authoritarian system the only thing that matters is authority. Competence doesn’t even get you a seat at the table.

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

#523

Post by ksec »

germainelol wrote: post #467
Stevvo wrote: post #359

Earlier quoted context omitted.

The protests died out as soon as the as outbreak started. Protesters avoid congregating to avoid transmission, and the news cycle has moved on. Carrie Lam must be breathing a sigh of relief.

Quite the opposite regarding Carrie Lam. There is a lot of anger towards the government over how they are handling the virus, specifically the insufficient mask supplies and not closing the border with China. Even the pro-Beijing supporters are angry with the government, and pro-Beijing parties are criticising the government in order to gain support in time for the September LegCo elections.

Exactly, but somehow my post below gets two downvote. I wonder why.

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

#524

Post by xorfish »

K0SM0S wrote: post #281
xorfish wrote: post #71

Earlier quoted context omitted.

A virus with R0 of 2 and a mortality rate of 2% would kill 1% of the world population if no containment measures are taken. That would be 75 million people.

Thanks, TIL. For those like me who paused at R₀ (r-naught), quote from wiki[1]: > R-naught is the average number of people infected from one other person, for example, Ebola has an r-naught of two, so on average, a person who has Ebola will pass it on to two other people. See “Limitations of R₀” too: when solely derived from math models, “values [of R₀] should be used with caution” and “this severely limits its usefu…

Yes, quarantines and public awareness will reduce the spread quite significantly. Hopefully to the point that less than one person gets infected per sick individual.

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

#525

Post by samsonradu »

BenoitEssiambre wrote: post #364
samsonradu wrote: post #313

Earlier quoted context omitted.

Can you elaborate a little on this? Investments having a negative return does not mean the market (reference) interest rate is negative. Take the gold standard, do you think anyone was able to borrow gold and pay less back? Isn’t that the actual interest rate we are discussing here?

The gold standard was a disaster that lead to the great depression, but that was government manipulated gold. Gold in a free market would tend to self adjust. Buying gold as an asset when there is a "flight to safety" and then selling it in better times when there are enough other good assets available such as stocks with good dividends would mean buying gold when gold prices are high and selling it when prices are l…

You’re right, negative real returns definitely happen - but that’s not the interest rate. Interest rates apply to loans, not assets.

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

#526

Post by toyg »

SmirkingRevenge wrote: post #492
toyg wrote: post #490

Earlier quoted context omitted.

... a one-party state, Homeland security, Judith Miller, two wars of aggression on foreign soil (one completely illegal), the President choosing not to enforce laws he didn't like, every critical voice being labelled "unpatriotic", every media channel bleeding nationalism 24-7... the sort of thing that in other countries we'd call "a regime".

A regime of 4 "good" years maybe, before it started getting real blowback for all of its excesses. In regimes more properly called regimes - those good years last for decades, or the lifetimes of their supreme leaders. So.. at least we got that going for us.

Absolutely, the two-terms limit held up and anyway Katrina had broken the wave for good.

There is an alternative timeline where Katrina doesn't happen and GWB forces a reform of two-terms "to get the job done in Iraq, we need to stay the course", or something else to that effect (like Putin swapping jobs to get around term limits). That would have been very scary.

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

#527

Post by dmurray »

spats1990 wrote: post #405
dmurray wrote: post #397

Earlier quoted context omitted.

> If you can write Chinese, google those skeletons, they are up to everybody to see. Even taxi drivers here know of Xi's billionaire sister, but... taxi drivers and other general public can't do anything about that. Why would I need to read Chinese to find out about this? The Chinese state isn't able to censor content in Chinese, but has got the Western internet under its thumb?

Hypothetically speaking, would you rather read about the recent US impeachment proceedings in Korean or in English? You know, the language most widely spoken in the US?

I'd rather read about them in English, but if I only spoke German, I'd expect to get a pretty good idea what was going on from German-language media.

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

#529

Post by bookAlot »

testfoobar wrote: post #18

The net figure matters. Bloomberg: "The central bank said Sunday it will use reverse repurchase agreements to supply 1.2 trillion yuan of liquidity on Monday, with the figure coming to 150 billion yuan ($21.7 billion) on a net basis, according to Bloomberg calculations." https://www.bloomberg.com/news/articles/2020-02-02/china-s-2...

It'a prep for robberies and a lot investment properties that will "liquify" an investors ability to create loans. I'll just use my Visa and American Express there.

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

#530

Post by Tepix »

pmorici wrote: post #189
ohazi wrote: post #138

Earlier quoted context omitted.

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,…

The parent is wrong. I understand why they might think that since the popular media is spreading misinformation by writing stories to discourage people from hording masks and in the process saying they aren't effective but that is false. The masks aren't a fool proof solution by themselves but in conjunction with other common sense hygiene they do reduce risk greatly.

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