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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

#541

Post by marcosdumay »

cmendel wrote: post #521
marcosdumay wrote: post #417

Earlier quoted context omitted.

> 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.

Well, that delays things from the infection point. But doesn't change anything from the point where people notice they are sick.

Anyway, this is a disease that spreads very widely very quickly. We are arguing about the known numbers when the most likely scenario is that it is already everywhere but not reported, so the known numbers are only noise.

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

#542

Post by ausjke »

ausjke wrote: post #203
pdonis wrote: post #179

Earlier quoted context omitted.

By "our government" do you just mean the Federal government? Or do you mean all levels of government? The mayor of New Orleans had parking lots full of empty school buses and claimed he had no way to evacuate citizens. The governor of Louisiana whined and wrung her hands instead of doing anything. The Federal response was far from perfect but it was much more effective than the state or local response.

exactly, USA is _united_ states, crisis like Katrina really should be dealt by the local governments first-hand, with federal help on its way. it's very different from China's system, where everyone has to get approvals from the central government.

for those downvoters, please educate me about your thoughts, just want to learn some other perspectives.

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

#543

Post by Melting_Harps »

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.

> The virus won’t be what ruins China. It’s the panic itself.

We should be so lucky. Prior to this I feared the only thing capable of such a halt would be something like WW3, but if the Corona Virus makes an China incapable of being a Human Right violating power, than all the better.

I can cope with less trinkets and cheap products from there, I already by used or repair most of what I use that made me reliant on China. Everything else I have or want comes from Japan and to a lesser extent (that isn't food/water/housing related) US/EU/Korea.

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

#544

Post by basch »

koheripbal wrote: post #263
rossdavidh wrote: post #235

Earlier quoted context omitted.

While I'm not saying you're wrong, I think it's worth pointing out that the reason the 1918 flupandemic was called the "Spanish flu" for many years, was that Spain was the first nation to admit that there was a problem. They weren't the first, or even second or third nation to get it, just the first to admit it. So the problem of not admitting the seriousness of the situation, is not a new one. Which is not to say th…

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.

"it is a flaw of how their country is run" and "it's why we have converged to a different system in most of the West."

The parent is making some kind of argument that China is uniquely susceptible to this kind of situation. Saying "no this isnt unique" isnt whataboutism, its refuting the claim being made.

I am noticing a trend where people claim whataboutism any time a counter example or analogy are used, despite them being directly relevant to the premise.

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

#545

Post by BenoitEssiambre »

samsonradu wrote: post #525
BenoitEssiambre wrote: post #364

Earlier quoted context omitted.

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.

The real natural rate should be in line with the private markets with regards to safe, liquid short term assets. There is an issue when you hit 0% nominal, called the zero lower bound problem (https://en.wikipedia.org/wiki/Zero_lower_bound). Mechanically you can solve that by keeping inflation high enough that you don't reach negative nominal rates even when you have negative real rates.

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

#546

Post by baybal2 »

beaunative wrote: post #422
echelon wrote: post #233

Earlier quoted context omitted.

How stable is the power that Xi has consolidated? How would the party and the public respond if there were leaks about his private life and behavior? I wonder what his skeletons in the closet are... I've also wondered how receptive the Chinese people would be to a series of documentaries or dramas that point out the inequality and unfairness in their system. A film that highlights how the government treats humans and…

Sounds like a fan of House of Cards talking. I don't doubt that Xi may have "skeletons", but probably not like that. He wasn't born President. If there were any "skeleton" of that kind of political significance, do you not think his political enemies would already have discovered those after all those decades he has been a politician?

> If there were any "skeleton" of that kind of political significance, do you not think his political enemies would already have discovered those after all those decades he has been a politician?

I think they already did, and to no effect. Panama papers would've made China to explode under Hu, but nothing happened this time.

If you believe the rumours, Meng (Interpol guy) was rounded up on the slightest suspicion of indiscretion, despite him pleading fealty to Xi god knows how many times.

Gu Zhuoheng's "revelations" also seem to have not resulted in anything

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

#547

Post by koheripbal »

BostonEnginerd wrote: post #452
koheripbal wrote: post #435

Earlier quoted context omitted.

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 ar…

Metafilter has maintained reasonably high levels of discussion and civility. Part of this is active mods, the other part is that an account costs some money to open.

Metafilter has no threads and no comment voting (as far as I can see).

It's not really the same sort of experience.

It's more like a message board - which is too inefficient. Time ordered comments makes for poor content.

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

#548

Post by dang »

grecy wrote: post #538
dang wrote: post #507

Earlier quoted context omitted.

You've crossed back into nationalistic flamebait repeatedly in this thread, which we just recently asked you not to do. Would you please just stop posting generalized pejoratives about $NATION and $PEOPLE? In your case it's America and Americans, but it doesn't matter which particular nation someone has an issue with—it inevitably leads to increasingly low-quality and nasty internet discussion, which is just what we…

Sure dang, I'll stop. I personally found is fascinating that a person from the USSR (famous for propaganda) had the insight and self awareness to say they're very aware that every country is a propaganda machine, though while I was in the US for 5 months last year I met many people who had no idea they're in one too. I would say the same is true in Australia, and Canada (the other countries I've lived in) At no point…

Imagine reading a comment about how 'interesting' it is that other countries have 'insight and self-awareness' while yours doesn't. It's not hard to see how that would land as a slight.

"You're in a propaganda machine" is one hop from "Wake up sheeple". That's a cliché of internet fulmination and never works. Posting like this is pushing a button that generates angry responses. It's your responsibility not to push the button. (Not that that's always easy, since we usually do it inadvertently.)

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

#549

Post by cik »

virtualwhys wrote: post #430
Marsymars wrote: post #300

Earlier quoted context omitted.

Montreal would beg to differ.

Even outside Mile End? I think the large Orthodox Jewish community there has had some influence on the prevalence of Bagel shops in the area. Don't recall downtown, or even other areas of the plateau as having such popular bagel shops.

I'm never going to understand why people love bagels. It's not even the second best bread my people have made. Laffa and Malawach both kick bagel bottom.

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

#550

Post by grecy »

dang wrote: post #548
grecy wrote: post #538

Earlier quoted context omitted.

Sure dang, I'll stop. I personally found is fascinating that a person from the USSR (famous for propaganda) had the insight and self awareness to say they're very aware that every country is a propaganda machine, though while I was in the US for 5 months last year I met many people who had no idea they're in one too. I would say the same is true in Australia, and Canada (the other countries I've lived in) At no point…

Imagine reading a comment about how 'interesting' it is that other countries have 'insight and self-awareness' while yours doesn't. It's not hard to see how that would land as a slight. "You're in a propaganda machine" is one hop from "Wake up sheeple". That's a cliché of internet fulmination and never works. Posting like this is pushing a button that generates angry responses. It's your responsibility not to push th…

> Imagine reading a comment about how 'interesting' it is that other countries have 'insight and self-awareness' while yours doesn't. It's not hard to see how that would land as a slight.

"You're in a propaganda machine" is one hop from "Wake up sheeple". That's a cliché of internet fulmination because it never works. Posting like this is pushing a button that generates angry responses. It's your responsibility not to push the button. (Not that that's always easy, since we usually do it inadvertently.)

But when it's true, we need to have the perspective to realize that, just like the other commentor from the USSR. Just because it pushes people's buttons doesn't mean we shouldn't talk about it - especially when it's true.

I'm originally from Australia, and yes, 100% without a doubt it is a propaganda machine. It does annoy me, and that's a good thing because it means I'm motivated to do something about changing it.

We can't simply not talk about things that might push people's buttons. Then we'd be just always talking about surface stuff, and never getting to the heart of anything, and - even worse - we'd never improve anything.

But sure, I'll stop. I'll stick to easy topics on HN. Sorry to use up your precious time again.

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