Discussion in 'Politics' started by Ardi, 19th Apr, 2020.
Do people think this has a real chance of crippling the US economy to a point they are no longer #1?
I don't think they've been #1 for a while now ...
They have been for many years, and are still
The Top 20 Economies in the World
I am not a big fan of China leading the world. Same feeling for Russia, India, ...
Hopefully, come November this year, the USA will be a far better position to take this lead role.
... and if not, then I fear what another four years of the same will mean for the US.
No, I don't think so, the USA economy although damaged is more nimble, adaptable, flexible and innovative than any other.
China, despite it's economic might and growing power doesn't project similar influence. It's institutions still have less soft power than much smaller countries such as the UK and Germany.
Thinking the same.
Prior to corona US economy was roaring, lowest unemployment, 3%, pretty much booming markets, stocks and housing
I think saving grace for US is their ingenuity, and people power. Just take a look at how big business has jumped in with corina
what I think will happen with corona fiasco is US will give China the flick and ramp up more manufacturing, drugs etc... in US. They have capacity to do this. Also next stimulus plan is building US infrastructure, smart business move
But lets not kid ourselves every country will have challenges. You cant shut down economies and it not hurt
Everything going to be fine now 9000
Stores to open and expanding
Though not a fan of star bucks, they cant make a decent cup of coffee, unlike Melb
How Starbucks is getting ready to re-open more U.S. stores
Given the US were already moving in this direction before COVID-19, I'd say this is pretty much a given - we'll see an acceleration of this policy.
Standard operating procedure - when you need to stimulate the economy, throw money at infrastructure spending. It's not a bad plan IMO, although can be quite wasteful if not done carefully - and not as targeted as what you can achieve with the right tax measures.
There may be other implications to the shutdown - a shift in energy politics
The world's energy order is changing — and China is set to reap the strategic benefits - ABC News
Their economy will mostly survive but not global leadership, international respect is going down fast, the USSA is sinking with it's captain.
Opinion | Trump Rewrites the Book on Emergencie
4.18 million people tested so far
new admissions are significantly down
22 million unemployed
So far 22 states re-opening end of month in 3 phases, these starting with phase 1
Governors discretion on plan
Tied to testing and contact tracing
Second Stimulus package should be signed off tomorrow specific to small business
Loans to small business’ in US are forgiven as long as no employee is sacked
So is ours , for those that even knew oz existed anyway , not in a global leading sense of course , as if all 26mill of us and who'd want that job anyway, but from a respect point of view. Morrison made sure of that with his mouthing off and prancing round over there with Trump last time and in most things he's said and done since with the exception of handling covid anyway, that , l actually take my hat off to him tbh, though it's painful haha.
But the stuff going on about Australia , all over the world in forums, since he got in, even from people in ltaly , just bad.
Trouble is , who else do we have , there's no one not on either sides. No one with any flare or soul, real vision and l don't mean vision economically, vision to repair, real feel, personally l wish we could offer the job to Jacinta myself , nz's never had so much admiration and respect, shame , even she can't stand him or even oz much these days .
Georgia opening up on Friday, phase 1
What’s opening in Georgia in Phase 1 of COVID-19 recovery?
Kim Jong potentially on deaths door ... power vacuum could be a worry ... and no word on how NK is coping with covid19
They say nil covid19, how would anyone know??
yes PM NZ went into lock down total overkill
lets see how economy goes
Having extensively traveled, many people, including those in some western counties, wouldn't have a clue ththese r Australia and NZ existed or, if they do, think they must be primitive backward locales ... one country in particular has many citizens that don't appear to realise there is anything outside their state, let alone country border
How long ago , tell ya what l see nz stuff all over the net in forums from all over the world these days, it's got so much respect out there. Not because of the virus , pre all that . Have not read a bad comment about it , cept that it's crazy expensive.
Do you prefer Australia or missing home ?
l've had a few kiwi mates over the years
This announcement today
throwing everything at it as business will start opening soon
House set to pass $484 billion coronavirus bill to boost small business, hospitals and testing
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