Current Affairs Coronavirus Thread - Serious stuff !!!

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I asked the other poster that made a similar post, so I should probably ask you the same. Do you have evidence they are not Covid deaths or did you just make it up?

To be expected death rate to be lower this time of year for all sorts of reasons... However, it will rise once we start spending more time indoors which also coincides with education resuming. With this culmative spread as we move indoors in the UK and COVID steadily increasing since restrictions were lifted, the chain of multiple groups being indoors together will have to be broken to stop rapid rise once autumn is upon us.

Up up and away... No coincidence it's been rising since gathering of multiple people grouping together was allowed again.

 
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There's been a renaissance in pub and bar attendance in recent years. It's a growth industry.

Many of the main chains like Wetherspoons can and should be made to dig into their profits to meet government halfway in furloughing their workers.
1. No there hasn’t. It is, in fact, in decline.

2. Many of the main chains are absolutely on their arse. Many of the big companies are reliant on disproportionate gearing. The profit margins are ridiculously small. Breweries are disposing of pubs left right and centre to get rid of absolute albatrosses.

Using the example of Wetherspoons is stupid as a representation of the hospitality industry.
 
1. No there hasn’t. It is, in fact, in decline.

2. Many of the main chains are absolutely on their arse. Many of the big companies are reliant on disproportionate gearing. The profit margins are ridiculously small. Breweries are disposing of pubs left right and centre to get rid of absolute albatrosses.

Using the example of Wetherspoons is stupid as a representation of the hospitality industry.
That refers to footfall.

Here's turnover.

Screen Shot 2020-08-06 at 09.28.29.png
 
It's interesting in Czech at the moment, as their case numbers are broadly comparable with the numbers they had at the height of the outbreak in March, and they've been sticking at around the same level now for a few weeks. What is pleasing, and perhaps illustrative for here, however is that despite relatively high case numbers, the number of hospitalised patients requiring ICU is pretty low. They have around 5,200 active cases at the moment, but of that number, just 121 are in hospital and just 19 in a serious condition.

That kind of situation would make it doable to keep the economy relatively open I'd have thought.
 
It's interesting in Czech at the moment, as their case numbers are broadly comparable with the numbers they had at the height of the outbreak in March, and they've been sticking at around the same level now for a few weeks. What is pleasing, and perhaps illustrative for here, however is that despite relatively high case numbers, the number of hospitalised patients requiring ICU is pretty low. They have around 5,200 active cases at the moment, but of that number, just 121 are in hospital and just 19 in a serious condition.

That kind of situation would make it doable to keep the economy relatively open I'd have thought.

As Prof JVT said months ago, we might need to learn to live with this thing, sort of.
 
1. No there hasn’t. It is, in fact, in decline.

2. Many of the main chains are absolutely on their arse. Many of the big companies are reliant on disproportionate gearing. The profit margins are ridiculously small. Breweries are disposing of pubs left right and centre to get rid of absolute albatrosses.

Using the example of Wetherspoons is stupid as a representation of the hospitality industry.

Shows the man to be completely out of touch.

No company can contribute to the wages of staff without their main source of income for months on end.

Imagine the impact this is having on local business.

Davek doesn’t care though. He’d happily see all those business go under and all their staff made redundant for the benefit of his warped political agenda.

Some socialist this guy.
 
If I were an academic (teaching or otherwise) having my work owned by the University rather than my expertise given via lecture or published on my own terms might make me a little uneasy.

I can foresee a number of issues short term and long term with that approach. However, I'm not of that world, just curious as to how those in the profession would feel about it.
Not in any way an expert but I'd have thought if you were a paid employee, anything you do in the service of the employer belonged to the employer

Or is that over simplifying things
 
Turnover is vanity. Profit is sanity.
It's an indicator of increasing sales. And that graph indicates an industry on the up.

Overall point is solid: the owners of the major chains can afford to dig in and supplement to a greater degree the furlough scheme. And that is the answer to the questions handed to me about 'well what about the workers in that industry if you lcok it down again'.
 
It's an indicator of increasing sales. And that graph indicates an industry on the up.

Overall point is solid: the owners of the major chains can afford to dig in and supplement to a greater degree the furlough scheme. And that is the answer to the questions handed to me about 'well what about the workers in that industry if you lcok it down again'.

In practice though it's not a solution. Businesses survive and trade due to cashflow. Take away revenues for over half a year and most businesses will be on the brink, if not already over the edge.

Business owners are already deciding that it's not worth carrying on. I deal with them every day. Further restrictions carrying on into the Autumn will make things worse. If industries are also stopped from trading in the run up to Christmas, then the economy will be absolutely decimated. I'm not trying to scaremonger, but it's very serious.
 
It's an indicator of increasing sales. And that graph indicates an industry on the up.

Overall point is solid: the owners of the major chains can afford to dig in and supplement to a greater degree the furlough scheme. And that is the answer to the questions handed to me about 'well what about the workers in that industry if you lcok it down again'.

So you’re happy for the big chains to stay open at the expense of independent business?

Because that’s what will happen if you expect the hospitality sector to rely on the furlough scheme.
 
In practice though it's not a solution. Businesses survive and trade due to cashflow. Take away revenues for over half a year and most businesses will be on the brink, if not already over the edge.

Business owners are already deciding that it's not worth carrying on. I deal with them every day. Further restrictions carrying on into the Autumn will make things worse. If industries are also stopped from trading in the run up to Christmas, then the economy will be absolutely decimated. I'm not trying to scaremonger, but it's very serious.
It's a sector that's too big to fail. Jobs wise it's too many people to see lose their jobs. There'll be a shake out of businesses and jobs, yes. But the government will incentivise others to stay in the game by measures like a rent freeze.

Let's not lose sight of the important thing: keeping the virus at bay.
 
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