Liquidate entire portfolio until virus is over?

DairyQueen

kinger101 said:

Thrugelmir said:
The time for analysis is afterwards.

Actually, the present is a very good time for analysis.  To use a medical analogy, post mortems have a very poor prognosis.
The government will make good decisions and bad decisions, and while it's not always possible to know their long-term consequences, they must be transparent in their reasoning and open to critique.  The government's responses to COVID have already changed in a response to criticism - hopefully leading to better outcomes.     

Or in response to the progression of the virus in the UK and the advice of the medical and scientific experts. 

kinger101

DairyQueen said:

kinger101 said:

Thrugelmir said:
The time for analysis is afterwards.

Actually, the present is a very good time for analysis.  To use a medical analogy, post mortems have a very poor prognosis.
The government will make good decisions and bad decisions, and while it's not always possible to know their long-term consequences, they must be transparent in their reasoning and open to critique.  The government's responses to COVID have already changed in a response to criticism - hopefully leading to better outcomes.     

Or in response to the progression of the virus in the UK and the advice of the medical and scientific experts. 

I've already stated that these criticisms were made by the scientific community.  As for the progression, enough was known about the virus to know that this was an inevitability well before the UK's lockdown on the 24th March.

LHW99

kinger101 said:

DairyQueen said:

kinger101 said:

Thrugelmir said:
The time for analysis is afterwards.

Actually, the present is a very good time for analysis.  To use a medical analogy, post mortems have a very poor prognosis.
The government will make good decisions and bad decisions, and while it's not always possible to know their long-term consequences, they must be transparent in their reasoning and open to critique.  The government's responses to COVID have already changed in a response to criticism - hopefully leading to better outcomes.     

Or in response to the progression of the virus in the UK and the advice of the medical and scientific experts. 

I've already stated that these criticisms were made by the scientific community.  As for the progression, enough was known about the virus to know that this was an inevitability well before the UK's lockdown on the 24th March.

I think I've said it before - put two scientists in a room and get three opinions.

Notepad_Phil

eddy said:

Boris Johnson referred on national TV to the herd immunity strategy he implemented for the people of this country as to let us all "take it on the chin" and just "allow the disease to move through the population." 

I suggest you read https://fullfact.org/health/boris-johnson-coronavirus-this-morning/ rather than taking a small part of the segment completely out of context and then saying that was the strategy he was going to use. The fullfact report summary is below.

Claim

Prime Minister Boris Johnson advocated for the UK to take Covid-19 “on the chin” and allow the disease to spread through the population.

Conclusion

The Prime Minister said this was a theory on how to deal with the virus, but said it would be better if we take all the measures we can to reduce the burden on the NHS during the peak of the disease.

JohnRo

LHW99 said:

kinger101 said:

DairyQueen said:

kinger101 said:

Thrugelmir said:
The time for analysis is afterwards.

Actually, the present is a very good time for analysis.  To use a medical analogy, post mortems have a very poor prognosis.
The government will make good decisions and bad decisions, and while it's not always possible to know their long-term consequences, they must be transparent in their reasoning and open to critique.  The government's responses to COVID have already changed in a response to criticism - hopefully leading to better outcomes.     

Or in response to the progression of the virus in the UK and the advice of the medical and scientific experts. 

I've already stated that these criticisms were made by the scientific community.  As for the progression, enough was known about the virus to know that this was an inevitability well before the UK's lockdown on the 24th March.

I think I've said it before - put two scientists in a room and get three opinions.

When dealing with outcome probabilities it doesn't take two...

eddy

Notepad_Phil said:

eddy said:

Boris Johnson referred on national TV to the herd immunity strategy he implemented for the people of this country as to let us all "take it on the chin" and just "allow the disease to move through the population." 

I suggest you read https://fullfact.org/health/boris-johnson-coronavirus-this-morning/ rather than taking a small part of the segment completely out of context and then saying that was the strategy he was going to use. The fullfact report summary is below.

Claim

Prime Minister Boris Johnson advocated for the UK to take Covid-19 “on the chin” and allow the disease to spread through the population.

Conclusion

The Prime Minister said this was a theory on how to deal with the virus, but said it would be better if we take all the measures we can to reduce the burden on the NHS during the peak of the disease.

My statements above are absolutely true.

Fact 1: Boris Johnson stated exactly what I quoted above, and implemented that plan, as in Fact 2.

Fact 2: Boris Johnson implemented the herd immunity plan against most scientific advice, particularly from the UK but also around the world.

See for example "Boris Johnson's coronavirus herd immunity plan ripped into for ignoring FATAL flaw. CORONAVIRUS preventative measures by Boris Johnson's Government have been heavily criticised for hoping "herd immunity" will curb the health crisis"

https://www.express.co.uk/news/uk/1255536/Coronavirus-herd-immunity-plan-UK-2020-Boris-Johnson-update-news

eskbanker

Just an observation - anyone wanting to demonstrate facts would do better to find more credible and authoritative sources to cite than the Daily Express and the like....

Notepad_Phil

I suspect Boris could say "Red" and eddy would say he said "Yellow" - you can prefer your Daily Express article to a well regarded checking organisation, but I know which one I would go to for factual information.

kinger101

eddy said:

Notepad_Phil said:

eddy said:

Boris Johnson referred on national TV to the herd immunity strategy he implemented for the people of this country as to let us all "take it on the chin" and just "allow the disease to move through the population." 

I suggest you read https://fullfact.org/health/boris-johnson-coronavirus-this-morning/ rather than taking a small part of the segment completely out of context and then saying that was the strategy he was going to use. The fullfact report summary is below.

Claim

Prime Minister Boris Johnson advocated for the UK to take Covid-19 “on the chin” and allow the disease to spread through the population.

Conclusion

The Prime Minister said this was a theory on how to deal with the virus, but said it would be better if we take all the measures we can to reduce the burden on the NHS during the peak of the disease.

My statements above are absolutely true.

Fact 1: Boris Johnson stated exactly what I quoted above, and implemented that plan, as in Fact 2.

Fact 2: Boris Johnson implemented the herd immunity plan against most scientific advice, particularly from the UK but also around the world.

See for example "Boris Johnson's coronavirus herd immunity plan ripped into for ignoring FATAL flaw. CORONAVIRUS preventative measures by Boris Johnson's Government have been heavily criticised for hoping "herd immunity" will curb the health crisis"

https://www.express.co.uk/news/uk/1255536/Coronavirus-herd-immunity-plan-UK-2020-Boris-Johnson-update-news

Actual "herd immunity" was never really strategy as a whole, though Notepad Phil's fact checking document predates the press conference on the 12th of March.  Boris isn't a details man, so what he says, or how it is interpreted, don't always reflect what is actually happening.  

A more balanced summary of the timeline around that week are here.
https://www.theatlantic.com/health/archive/2020/03/coronavirus-pandemic-herd-immunity-uk-boris-johnson/608065/
 

doe808

Now that experts seem to be back in vogue, can we all refrane from posting the Daily Express as a source please.