Coronavirus effect on property markets?

MobileSaver

silvertooth said:

the price of real silver is booming and still demand is way more than supply

Huh? The price of silver has dropped around 30% since COVID-19 came on the scene or am I looking at the wrong charts?

https://www.bullionvault.com/silver-price-chart.do

silvertooth

MobileSaver said:

silvertooth said:

the price of real silver is booming and still demand is way more than supply

Huh? The price of silver has dropped around 30% since COVID-19 came on the scene or am I looking at the wrong charts?

https://www.bullionvault.com/silver-price-chart.do

That’s the broken paper promises 

a bit like the stock market they sell a hundred shares for every one real share,

same with paper silver promises they sell many more than there are real ounces in existence 

Thrugelmir

buglawton said:

MobileSaver said:

buglawton said:

Germany is ticking along with 4x the cases but a fatality rate per case apparently a quarter of the UK's. Is it because of a better funded health service

I'd be very wary of jumping to any conclusions on such tiny numbers; we are talking about 21 confirmed UK deaths out of a population of around 66 million.

Yesterday's Telegraph had figures for number of ICUs per capita per country. The UK was at the bottom of the table. Germany has 3 times as many ICUs as the UK per capita. Gradually the reason why they've a quarter of the mortality per detected Coronavirus case may be getting clearer. Though the figures will need to be cooly analysed by statisticians in the aftermath.

Might have the beds. Do they have the trained staff? ICU requires specialists. 

_mayonnaise_

Thrugelmir said:

Might have the beds. Do they have the trained staff? ICU requires specialists. 

Why don't you look it up Thruggles.

Thrugelmir

_mayonnaise_ said:

Thrugelmir said:

Might have the beds. Do they have the trained staff? ICU requires specialists. 

Why don't you look it up Thruggles.

Just making conversation. Journalists have a habit of not digging very deeply these days. 

silvertooth

Thrugelmir said:

buglawton said:

MobileSaver said:

buglawton said:

Germany is ticking along with 4x the cases but a fatality rate per case apparently a quarter of the UK's. Is it because of a better funded health service

I'd be very wary of jumping to any conclusions on such tiny numbers; we are talking about 21 confirmed UK deaths out of a population of around 66 million.

Yesterday's Telegraph had figures for number of ICUs per capita per country. The UK was at the bottom of the table. Germany has 3 times as many ICUs as the UK per capita. Gradually the reason why they've a quarter of the mortality per detected Coronavirus case may be getting clearer. Though the figures will need to be cooly analysed by statisticians in the aftermath.

Might have the beds. Do they have the trained staff? ICU requires specialists. 

There will be a serious shortage of staff because this virus seems to infect everyone even with correct PPE

sports halls and hotels will all have to be made into field hospitals but there is nowhere near enough staff

every trained medical professional will need to be covering hundreds of infected each

Windofchange

Thrugelmir said:

buglawton said:

MobileSaver said:

buglawton said:

Germany is ticking along with 4x the cases but a fatality rate per case apparently a quarter of the UK's. Is it because of a better funded health service

I'd be very wary of jumping to any conclusions on such tiny numbers; we are talking about 21 confirmed UK deaths out of a population of around 66 million.

Yesterday's Telegraph had figures for number of ICUs per capita per country. The UK was at the bottom of the table. Germany has 3 times as many ICUs as the UK per capita. Gradually the reason why they've a quarter of the mortality per detected Coronavirus case may be getting clearer. Though the figures will need to be cooly analysed by statisticians in the aftermath.

Might have the beds. Do they have the trained staff? ICU requires specialists. 

I'm potentially about to start some refresher training in the next couple of days to take on ICU / HDU shifts. I did some junior and mid grade work on intensive care, so know what I know, but it's a bit rusty as this isn't my current clinical area. The plan very much at the moment is to recall anyone and everyone who used to work in intensive care, and train up anyone and everyone who could potentially work in intensive care with a crash course / refresher. I have also observed how incredibly fast a make shift ICU can be constructed when enough builders are thrown at it! Speaking from the front line, this is going to get worse before it gets better, but I am as ever incredibly proud of how every corner of the NHS is pulling together to sort this mess out.

buglawton

Thrugelmir said:

buglawton said:

MobileSaver said:

buglawton said:

Germany is ticking along with 4x the cases but a fatality rate per case apparently a quarter of the UK's. Is it because of a better funded health service

I'd be very wary of jumping to any conclusions on such tiny numbers; we are talking about 21 confirmed UK deaths out of a population of around 66 million.

Yesterday's Telegraph had figures for number of ICUs per capita per country. The UK was at the bottom of the table. Germany has 3 times as many ICUs as the UK per capita. Gradually the reason why they've a quarter of the mortality per detected Coronavirus case may be getting clearer. Though the figures will need to be cooly analysed by statisticians in the aftermath.

Might have the beds. Do they have the trained staff? ICU requires specialists. 

Nice snipe but they wouldn't be maintaining ICUs without the skilled staff to operate them. Willing to be proven wrong, you go first.

Thrugelmir

buglawton said:

Thrugelmir said:

buglawton said:

MobileSaver said:

buglawton said:

Germany is ticking along with 4x the cases but a fatality rate per case apparently a quarter of the UK's. Is it because of a better funded health service

I'd be very wary of jumping to any conclusions on such tiny numbers; we are talking about 21 confirmed UK deaths out of a population of around 66 million.

Yesterday's Telegraph had figures for number of ICUs per capita per country. The UK was at the bottom of the table. Germany has 3 times as many ICUs as the UK per capita. Gradually the reason why they've a quarter of the mortality per detected Coronavirus case may be getting clearer. Though the figures will need to be cooly analysed by statisticians in the aftermath.

Might have the beds. Do they have the trained staff? ICU requires specialists. 

Nice snipe but they wouldn't be maintaining ICUs without the skilled staff to operate them. Willing to be proven wrong, you go first.

Not maintaining ICU. Staffing the additional available beds for the expected influx . There's plenty of bed space now available as planned surgery has been cancelled. Plenty of NHS staff are already on 14 day self isolation here. 

Windofchange  A&E demand has fallen considerably. Seems as if closure measures have resulted in fewer incidents also people are less inclined to turn up for minor ailments. 

silvertooth

triathlon said:

silvertooth said:

Damage to the world’s financial system is going to be catastrophic 

the economy is tanking and we are only just started this crisis imagine by the time we are in the middle of it?

Most shops and all businesses to do with food have more staff than customers these days, and instead of laying them off leading to mass unemployment the government are going to create billions of units of currency to keep paying these staff to go to work and do nothing 

What could possibly go wrong?

i know there is no easy answer but keep paying staff and keeping the zombie dead businesses is the exact same thing as keeping zombie banks artificially alive when they have to all intents and purposes collapsed.

ALL BANKS HAVE NOT SURVIVED THIS FIRST QUARTER 2020. Now they have announced they are not going to release the earnings reports because they don’t want to cause a panic, but it’s a bit late for that.

surely the only answer is to let the businesses fail who have failed and let the financial system fail because it has failed now that the too big to fail banks have failed in the first quarter earnings results.

THERE IS NO SAVING THE GLOBAL SYSTEM NOW. The financial collapse is absolutely inevitable.

How could anybody claim otherwise? I’m sure some will try nd I’m interested to hear how?

What it is called is compassion and wiping the brow of a suffering incapacitated person at your expense until he is ready to rise again and pay you back, you are just upset that they won;t take the suffering patient around the back of the shed and pull the trigger.

I didn’t understand any of that?

do you now agree that we may be facing an even greater depression than 1929? Is that what you are trying to say?