Australia's largest stock trading and investment forum Australia's #1 stock forum

Coronavirus melts down stockmarket, page-64

First 64 Last

Share
Profile

Follow
pintohoo

96,619 Posts.

75

26/02/20

11:31

Post #: 43159126
Share

Originally posted by pierogi ↑

pinto, I trust you have seen what happens to an economy where the virus is being controlled or not controlled. It goes pear-shaped buckling under regulation and fear.

I'm not being pig-headed or fanciful here nor do i suggest we stop international trade, domestic manufacturing or whatever. We aim for as much as we can get. We temporarily alter the economic approach to safeguard economic output. Incumbent upon that is spreading the pain to take from other supported sectors to support those hit by travel restrictions. It's all temporary of course.

Your way is to watch more of it crumble, declaring it is the best way to avoid 'devastation' but then allowing it to happen. We need space, we need preparedness, we need smarts to do the game-theory number crunching. I haven't drilled down into specifics but intuitively I suspect it is the wiser path.

Expand

I don’t have A way

my comment is - if you shut the gate - you are economically devastated - end of story

What would you do if you did shut the gate - - you MUST open it eventually

what are you going to do with the time you have expensively purchased?
1 Upvote

Reply

Top Stories

LDX

Lumos Diagnostics surges 140% on major US contract deal

ASX Market Close: Why are we red today? Because US CPI's at 3%

LU7

Lithium Universe targets silver boom with breakthrough solar recycling tech

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

LIS

Li-S Energy the latest microcap to pivot to US defence market

First 64 Last

SPONSORED BY