Are you worried yet.

[rockits]

I can understand we need to pay people full or majority pay but if the govt doesn't foot the bill it will put tremendous burden on a private business I'm guessing with reduced revenues, profit and cash.

If the govt foot this then fine but I don't see many small to medium sized businesses being able to afford this cost for very long.

 

[allandwf]

I can understand we need to pay people full or majority pay but if the govt doesn't foot the bill it will put tremendous burden on a private business I'm guessing with reduced revenues, profit and cash.

If the govt foot this then fine but I don't see many small to medium sized businesses being able to afford this cost for very long.

Don't they take out insurance?

 

[Wattie]

Zep, I’d appreciate if you could use intelligence to correct any errors I may have made through gut feel and instinct.

https://www.sportsmaserati.com/index.php?threads/shares-to-watch.30339/post-754697

 

[iainw]

Coronavirus: More young patients being admitted to hospital, Italian doctor warns — The Independent

Italians admitted to hospital for coronavirus are getting younger, a health official has claimed.

apple.news

 

[Wattie]

I don’t understand how it will work. Nurses and doctors going back to their children and family. They are risking themselves and loved ones. No one on the front line has confidence in the general strategy or approach.

You won’t be allowed to.
In China I saw nurses waving to their kids from about 5meters who they hadn’t seen or been near for weeks......too exposed to infection.

 

[rockits]

Don't they take out insurance?

I shouldn't think many small businesses will have any insurance for this. We never have had it and I'm sure many of the small businesses we work for do either.

 

[Scaf]

I can understand we need to pay people full or majority pay but if the govt doesn't foot the bill it will put tremendous burden on a private business I'm guessing with reduced revenues, profit and cash.

If the govt foot this then fine but I don't see many small to medium sized businesses being able to afford this cost for very long.

I am not sure larger firms will find it any easier.
Lots of firms will go to the wall as a direct result of Covid 19 and how it is being handled by governments around the world.

 

[iainw]

Engineered bat virus stirs debate over risky research - Nature

Lab-made coronavirus related to SARS can infect human cells.

www.nature.com

 

[iainw]

You won’t be allowed to.
In China I saw nurses waving to their kids from about 5meters who they hadn’t seen or been near for weeks......too exposed to infection.

There has been no indication of this at all. No dicussion , no planning, no Accomodation organised. When I bought up the concept of ‘barracks’ they looked at me blankly

 

[flat-12]

USA that's an easy one , they will be the saviours that come up with a vaccine that they stole off the British....

If the USA does develop a vaccine, we will make sure we get credit for it, and be sure to take pictures of the vaccine being administered to show our humble generosity. I do love my country, but I also feel it's important to hear other's perceptions, just to keep things in perspective.

 

[Wattie]

There has been no indication of this at all. No dicussion , no planning, no Accomodation organised. When I bought up the concept of ‘barracks’ they looked at me blankly

Pathetic, shows how unplanned they are.

 

[Wattie]

Engineered bat virus stirs debate over risky research - Nature

Lab-made coronavirus related to SARS can infect human cells.

www.nature.com

You know my thoughts.

 

[Wattie]

I am not sure larger firms will find it any easier.
Lots of firms will go to the wall as a direct result of Covid 19 and how it is being handled by governments around the world.

Please refer to the Formulae
https://www.sportsmaserati.com/index.php?threads/shares-to-watch.30339/post-754697

 

[Zep]

Zep, I’d appreciate if you could use intelligence to correct any errors I may have made through gut feel and instinct.

https://www.sportsmaserati.com/index.php?threads/shares-to-watch.30339/post-754697

I would, but I can’t be arsed to read it. What will be will be, and there is **** all you and I can do about it. Pointing it out isn’t going to do anything but raise people’s blood pressure, which, as you know, is a risk factor.

So I’ll carry on with my precautions and my work.

 

[rockits]

I am not sure larger firms will find it any easier.
Lots of firms will go to the wall as a direct result of Covid 19 and how it is being handled by governments around the world.

Agreed. Problem is many businesses were in a bad way already. They have no room to absorb this.

I have to be honest that I have little sympathy for many though. This bizarre modern propensity to run businesses at massive losses and a complete a4se about face of running a business is to blame.

It is not healthy for a business to burn millions in cash for many months or years or in some cases forever to never turn a profit. All on the promise that one day they will generate stellar profits and worth due to immense 'potential'.

IMHO we should be building our businesses on sound and solid fundamentals. The amount of businesses I see and people I come across that seem to think it is normal and perfectly fine to follow this flawed model of millions of losses for years staggers me.

I am very simple but must be far too simple to successfully function in this massively complex society we live in these days. I just don't get it.

 

[Wattie]

I would, but I can’t be arsed to read it. What will be will be, and there is **** all you and I can do about it. Pointing it out isn’t going to do anything but raise people’s blood pressure, which, as you know, is a risk factor.

So I’ll carry on with my precautions and my work.

I disagree, nothing is inevitable.
I control as much of my familys destiny as I can.

Oh, I'm up to 10mg

 

[Zep]

I disagree, nothing is inevitable.
I control as much of my familys destiny as I can.

Oh, I'm up to 10mg

You disagree that you can’t influence government policy over the response to the markets response to the virus?

If you mean you disagree that you can’t do everything you can to protect your family, then I didn’t say that. I know you can, and so can I, which is what I am doing. But for the record, I haven’t bought any bog roll.

 

[BJL]

There’s a reason Italy got hit so hard and particularly the north, but you won’t hear it in the mainstream media. From around 2010 Chinese companies started buying Italian fashion houses, not least because the Chinese middle classes so loved the Italian look. They needed to keep the coveted Made in Italy label for their output so, instead of moving factories to China, they moved Chinese workers to Lombardy and Tuscany (centred on Milan and Florence). Google it - New Yorker magazine said there was as many as 20000 in Prato, a tiny town in Tuscany. That was in 2013. There’s as many as 200000 in total in Italy today - possibly a lot more. And the Chinese fashion industry is based guess where? Yep, Wuhan - home of both the companies doing the buying and the cheap workers being shipped to work in sweatshops in Italy. Many would have returned home for Chinese New Year January 25th, just as the virus was ramping up in their home city, and returned with the virus soon after. As stated, you won’t hear this in the mainstream media - and I wonder how long this post will last. So we may not be in for an Italian scale crisis after all - that was due to very particular reasons.

 

[allandwf]

I haven’t bought any bog roll.

Tramp! lol

 

[Zep]

There’s a reason Italy got hit so hard and particularly the north, but you won’t hear it in the mainstream media. From around 2010 Chinese companies started buying Italian fashion houses, not least because the Chinese middle classes so loved the Italian look. They needed to keep the coveted Made in Italy label for their output so, instead of moving factories to China, they moved Chinese workers to Lombardy and Tuscany (centred on Milan and Florence). Google it - New Yorker magazine said there was as many as 20000 in Prato, a tiny town in Tuscany. That was in 2013. There’s as many as 200000 in total in Italy today - possibly a lot more. And the Chinese fashion industry is based guess where? Yep, Wuhan - home of both the companies doing the buying and the cheap workers being shipped to work in sweatshops in Italy. Many would have returned home for Chinese New Year January 25th, just as the virus was ramping up in their home city, and returned with the virus soon after. As stated, you won’t hear this in the mainstream media - and I wonder how long this post will last. So we may not be in for an Italian scale crisis after all - that was due to very particular reasons.

There are lots of reasons why Italy has got a kicking from the virus. The lifestyle of the younger people and the fact that a lot of different generations of families live together in flats. So they have passed the virus to the older generation and yes, potentially, the fashion industry. There is significant organised crime in the fashion trade, lots of sweat shops. I think its unlikely that the average sweat shop worker would be able to afford to fly back to China for new year (it’s a breadline job at best for the locals), but a link is not out of the question.