Coronavirus - New Zealand
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@Kiwiwomble yeah I was generalising for sure - I'm like you, safe in my job and further to that it's unlikely to go anywhere as my work is the least impacted by all of this. I'm just surprised by how many people are supportive of these lockdowns with little consideration for the economy and what that actually mean for real people.
Also, I agree with you re: online shopping. My wife runs a little online store and her sales have slowed big time, particularly after this second lockdown. Thankfully that's more of a side income for us and we can get by on my salary, but I'd hate to think what it's like for business owners who have invested everything, it must be stressful as hell.
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@dogmeat said in Coronavirus - New Zealand:
@No-Quarter Economic activity for the June 1/4 was down 13% nationally although some of the regions did much better.
The month of June was 0.9% up on 2019 while July was up 2%.
Largely fueled by consumer spending.
Sept /Oct would have been the crunch months as the wage subsidy came off but second lockdown has muddied the waters.
General economic consensus appears to be that NZ economy is weathering the pandemic better than most, validating to an extent govt's assertion of a go hard go early approach is better for health and economic outcomes.
Clear evidence that while sports journo's and AB selectors follow the Fern assiduously, economists do not.
I'm no economist so am well outside my sphere of expertise here, but I would expect second and third lockdowns to really start hitting us hard. One lockdown and then restrictions lifted is one thing, further lockdowns and the PM herself saying expect more as the border is not ever going to be secure is quite another. People are getting extremely anxious about their financial situation now.
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Collins has labelled the Government's testing and border controls sub-standard. They propose a new agency to oversee quarantine and covid19 border control in anticipation for ongoing challenges from covid19 and future viral threats
Meanwhile the government looks reactive, talking about increasing CCTV at quarantine facilities, and bluetooth tracing. Can no one see they are talking out their ass? They had months to sort stuff out. Now defence facilities could be used to quarantine, why now? Cindy is out front with her signature caring frown while her team are asleep at the wheel. And we all paying the price. Not that I expect the sheeple in the electorate to see any of it
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@No-Quarter said in Coronavirus - New Zealand:
@Kiwiwomble yeah I was generalising for sure - I'm like you, safe in my job and further to that it's unlikely to go anywhere as my work is the least impacted by all of this. I'm just surprised by how many people are supportive of these lockdowns with little consideration for the economy and what that actually mean for real people.
Also, I agree with you re: online shopping. My wife runs a little online store and her sales have slowed big time, particularly after this second lockdown. Thankfully that's more of a side income for us and we can get by on my salary, but I'd hate to think what it's like for business owners who have invested everything, it must be stressful as hell.
i think, and ive heard this from others too, there is a completely simplistic view of things
an economy isn't actually alive...so it cant die, in any reasonably capitalist society a new economy will rise pretty quick from any failed one...there'll just be some real rough times inbewteen
people are alive and cant come back once theyre gone
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@No-Quarter Westpac have done some forecasting on the impact on a second 6 week L4 lockdown and said it would not have as serious an impact as first time round. I only caught the beginning of the report on RNZ as it started as I arrived at work but what I caught was tourism etc are already totally fucked - they don't get a train run on them. That might not have been the analogy the Westpac guy used....
Overall it appears the economy is holding up better than most but obviously there are sectors that have been really badly impacted. However this has been offset by many that have suffered no impact at all -agriculture, freight etc and a few that have done well.
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@No-Quarter said in Coronavirus - New Zealand:
If Adern is warning against "border perfection" - I.E. expect there to be issues at the border and breaches - then why in the ever living fuck are we striving for complete elimination? That means we have to keep locking down every time it gets in. Which is just such a fucking absurd idea I don't even know where to begin. We are facing economic ruin at the hands of an idiotic government.
I'm reading it a little bit differently. I'm wondering if a combination of:
- The ruling out of Auckland moving to Level 4
- Talk of a Level 1.5
- Not locking down Tokoroa, or sending the wider Waikato region to Level 3
... along with those border comments is a sign that there's a softening up of people for 'as good as we can but not perfect' Covid control (i.e. not regularly going to full-on lockdowns) while the wait for rapid tests/vaccines continues.
Highly anecdotally, the feeling around here seems to be that while Level 2 isn't ideal, but we can make it work for now. Also an interesting sign that all the rest homes have gone straight to Level 4.
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@dogmeat said in Coronavirus - New Zealand:
@No-Quarter Economic activity for the June 1/4 was down 13% nationally although some of the regions did much better.
The month of June was 0.9% up on 2019 while July was up 2%.
Largely fueled by consumer spending.
Sept /Oct would have been the crunch months as the wage subsidy came off but second lockdown has muddied the waters.
General economic consensus appears to be that NZ economy is weathering the pandemic better than most, validating to an extent govt's assertion of a go hard go early approach is better for health and economic outcomes.
Clear evidence that while sports journo's and AB selectors follow the Fern assiduously, economists do not.
Which in turn is largely fueled by Government debt. Some estimates are that our debt to GDP go from 20% to 54%. That's a rise in interest from 3.7bn to 13bn
Maintenance of our economy does not come free.
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@voodoo said in Coronavirus - New Zealand:
@dogmeat said in Coronavirus - New Zealand:
@No-Quarter Economic activity for the June 1/4 was down 13% nationally although some of the regions did much better.
The month of June was 0.9% up on 2019 while July was up 2%.
Largely fueled by consumer spending.
Sept /Oct would have been the crunch months as the wage subsidy came off but second lockdown has muddied the waters.
General economic consensus appears to be that NZ economy is weathering the pandemic better than most, validating to an extent govt's assertion of a go hard go early approach is better for health and economic outcomes.
Clear evidence that while sports journo's and AB selectors follow the Fern assiduously, economists do not.
Which in turn is largely fueled by Government debt. Some estimates are that our debt to GDP go from 20% to 54%. That's a rise in interest from 3.7bn to 13bn
Maintenance of our economy does not come free.
this is where i feel National should be aiming, rather than going after what Labour has done wrong, why not campaign on the fact National got down the national debt last time they were in and will do it again? talk about what they ill do rather than what labour has done wrong
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@antipodean said in Coronavirus - New Zealand:
@MN5 said in Coronavirus - New Zealand:
@Billy-Tell said in Coronavirus - New Zealand:
@canefan said in Coronavirus - New Zealand:
https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12357747
damn fine cricketer was Shaun pollack
Incredible stats. All those wanking on about Ben Stokes ( whose batting of late has been very good I will admit ).......take a look at how good Pollock was. Easily the best Ginga All Rounder of all time.
He's got nothing on prime Frans Botha.
Who does ? Only guy that comes remotely close scored four touchdowns in a single game for Polk high back in 66
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@Kiwiwomble said in Coronavirus - New Zealand:
@voodoo said in Coronavirus - New Zealand:
@dogmeat said in Coronavirus - New Zealand:
@No-Quarter Economic activity for the June 1/4 was down 13% nationally although some of the regions did much better.
The month of June was 0.9% up on 2019 while July was up 2%.
Largely fueled by consumer spending.
Sept /Oct would have been the crunch months as the wage subsidy came off but second lockdown has muddied the waters.
General economic consensus appears to be that NZ economy is weathering the pandemic better than most, validating to an extent govt's assertion of a go hard go early approach is better for health and economic outcomes.
Clear evidence that while sports journo's and AB selectors follow the Fern assiduously, economists do not.
Which in turn is largely fueled by Government debt. Some estimates are that our debt to GDP go from 20% to 54%. That's a rise in interest from 3.7bn to 13bn
Maintenance of our economy does not come free.
this is where i feel National should be aiming, rather than going after what Labour has done wrong, why not campaign on the fact National got down the national debt last time they were in and will do it again? talk about what they ill do rather than what labour has done wrong
Because to do so would ignore the fact that debt more than doubled during National's term both in real terms and as a % of GDP.
the star in terms of debt reduction was Michael Cullen
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The average Schmo is too busy being mesmerized by the best empathetic frown in the business to be listening to an old guy like this
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@canefan said in Coronavirus - New Zealand:
@Snowy said in Coronavirus - New Zealand:
@canefan Yes, which is why I mentioned it.
Clearly had my irony chip deactivated
If you try not to take anything that I post here seriously, you'll be fine.