Off Topic SARS-CoV-2 Covid-19

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originallambrettaman said:
"It appears a vaccine is many months away - too long for an economy to survive a lockdown.

"At some point, we run the risk that the economic disaster will transcend the human one.

"The difficult judgments governments face is to strike a balance between the health of our people and our economy.

"This will necessarily be a time of trial and error on an unprecedented scale."

Bill Michael - UK Chairman and Senior Partner at KPMG.
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It seems to me that any economy is dependent on a healthy workforce and demand from customers who are not afraid to venture out for fear of getting sick themselves. We may have to reconsider what "the economy" actually is.

I think some folk in the larger financial institutions are seeing that for the foreseeable future, the "economy" will look very different, and they are feeling very insecure and worried. I know it must be a very worrying time for folk with their own small business, self-employed folk etc, but I think if you have enough gumption to have built your own business then long-term you'll make it work if we can get you the right support through this tricky time.
 
originallambrettaman said:
A drive-through coronavirus testing site is to open at the Humber Bridge car park in Hessle. The appointment-only facility will be available to NHS staff & other key workers. It’s due to begin operating later this week & is one of 35 sites nationally.
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They should have used Walton Street car park. It’s got utility services and is perfect as a test centre.
 
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Expect new ones of these every week from now on...

Debenhams have announced the permanent closure of their stores in Truro, Stratford-Upon-Avon, Salisbury, Westfield in west London, Warrington, Leamington Spa and South Shields, with the loss of 422 jobs.

Cath Kidston have been bought out of administration, but the deal only saves the online business, all 60 stores will close with the loss of 900 jobs.

Laura Ashley is to close almost half of its 147 UK stores, putting as many as 721 jobs at risk, but 77 shops will remain open as the business tries to find a buyer.
 
originallambrettaman said:
Expect new ones of these every week from now on...

Debenhams have announced the permanent closure of their stores in Truro, Stratford-Upon-Avon, Salisbury, Westfield in west London, Warrington, Leamington Spa and South Shields, with the loss of 422 jobs.

Cath Kidston have been bought out of administration, but the deal only saves the online business, all 60 stores will close with the loss of 900 jobs.

Laura Ashley is to close almost half of its 147 UK stores, putting as many as 721 jobs at risk, but 77 shops will remain open as the business tries to find a buyer.
Click to expand...

Things have been on the change for a while, but this virus has been the straw that broke the camels back for a lot of high street shops.
 
This 84 tons of PPE from Turkey is taking some sorting, an RAF plane left the UK last night and is still waiting in Istanbul. It has a carrying capacity of about 30 tons apparently.

And now the story about the group buying of PPE by a number of EU countries has taken a turn for the worse.
 
originallambrettaman said:
"It appears a vaccine is many months away - too long for an economy to survive a lockdown.

"At some point, we run the risk that the economic disaster will transcend the human one.

"The difficult judgments governments face is to strike a balance between the health of our people and our economy.

"This will necessarily be a time of trial and error on an unprecedented scale."

Bill Michael - UK Chairman and Senior Partner at KPMG.
Click to expand...


Fair points and I believe that I made similar on this thread a few weeks ago, which a few disagreed with.

The economy can't be sustained with 20% of the workforce off. There's also the huge impact on mental health, especially in men, caused by being unproductive and unemployed. Not being able to provide for your family or yourself, reliant on public funds, is a huge problem resulting in depression, listlesness, suicidal feelings, loss of control, drug/alcohol abuse etc. It's fine saying the economy will/must adapt but that doesn't help the men left at home or homeless right now. It won't change generational standards and expectations. Work often makes us feel ****, but it often makes us feel good and gives us a purpose. It's hard to enjoy 'free' time and do hobbies/interests if you've got nothing to go back to.

To me, the figures show that the death rates for under-55s aren't that much worse than caused by flu, although the impact on the elderly and those who are obese/diabetic/underlying illnesses is huge. Keep them in isolation until Xmas and let the young and healthy get back to work.
 
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John Ex Aberdeen now E.R. said:
Things have been on the change for a while, but this virus has been the straw that broke the camels back for a lot of high street shops.
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I took my daughters shopping in London last year.. Something they had wanted for a while and probably the first time I've been clothes shopping in Central London (and Westfield) for well over 20 years. It was a dump and like shopping in a jumble sale in the girls' high street stores. I had to retreat to the sanctuary of Jermyn street to Dunhill to buy some cigars to escape the crowds.
 
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The problem with the bail out of massive multi nation corporations is. Like 2008 is ordinary working people who will end up paying for it through more austerity, which is economic illiteracy.
 
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