O/T Coronavirus Thread

[WanChaiMiller]

The China and Hong Kong economy fell off a cliff the 2 months from mid Jan and are in recession. Expect the same in Europe and USA the next few months. We are heading for a seriously tough times on health, social and economics.

China collapse in retail down 24%, asset investment down 20% and manufacturing in negative territory. In the areas that went into shut down on 24th Jan, many shops and factories are still to reopened.

Hong Kong tourism to 4% of what it was the same time last year. Their govermment are reinvesting to save jobs.

Travel restrictions will bankrupt the holiday industry, hotels, airlines and cruise industry by the middle of the year.

The knock on will be to create bad debt in the Banking sector (we've seen that before).

Our retail sector and shopping centres (like Bluewater and Meadowhall) are already in serious financial trouble. 2 months of shut down will kill many. Bars, restaurants and cinamas will close.

Companies will lose sales and its supply chain and, at the same time, have to pay its workers.

Not sure the Government help annouced in the budget will go far enough.

Who should pick up the bill? Should it be down to private businesses or should we all take a hit.

[gm_gm]

This video is the best Ive seen that explains all about the virus and what actions work best

[Pattylallacks2]

Honest Government is an oxymoron

[mikemiller]

Just been announced that bus services in London are going to be cut... which means more packed buses... which means...er...
...

[great_fire]

They've dealt with this better in the Far East because they have more experience with this kind of thing having had SARS, MERS, swine flu, bird flu.

[rolymiller]

For those of you who will be driven crazy by not having a fix of pub booze or fast food at least there is a healthy option jogging and hiking will be ok as long as you deviate 6 ft from anyone you meet. For some this might help you lead a healthier lifestyle which in turn will help you to have a stronger immune system to protect against further bugs. At least summat good might come out of it.

The govt ought to be coming up with ideas for folks of what to do if they are housebound to stop them going crackers. Eg learn a language , DIY, take up a musical instrument, play board games, learn to bake, sew etc. They could put stuff on telly or on line to encourage people.

Why not set up a web site where people can share ideas of what can be done when you are stuck at home including physical things they can do

[gm_gm]

The govt ought to be coming up with ideas for folks of what to do if they are housebound to stop them going crackers. Eg learn a language , DIY, take up a musical instrument, play board games, learn to bake, sew etc. They could put stuff on telly or on line to encourage people.

Its not the governments job to play scrabble with you Roly...lol

Theres about a million games websites, get the Wii dusted down, xbox...etc

[Silly-miller]

In Morrisons aNd it’s stripped bare

[crashbang]

Went to aldi bramley 8.30 this morning for some cans of beer to take to caravan.
Was like Christmas.
Unfekinbelievable walked out.

[Ericsladkilnhurst]

Morrison's fuel station at retail world this morning big queues when I drove past.
Wilko in Rotherham rationing soap, to a pack of 4 tablets per person