Positive thoughts re Corona Virus

Discussion in 'COVID-19' started by See Change, 28th Feb, 2020.

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  1. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    On a positive note we will all get it and get over it in a few weeks and life will go back to normal (except for the 0.5% that die)
     
    Terry_w, 29th Feb, 2020
    #21
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  2. SatayKing

    SatayKing Well-Known Member

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    Isn't that normal as well in which case nothing has changed?
     
    SatayKing, 29th Feb, 2020
    #22
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  3. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    99.5% of people will die at some stage
     
    Terry_w, 29th Feb, 2020
    #23
  4. Traveller99

    Traveller99 Well-Known Member

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    I booked a rental car for next month and it was a bargain.
     
    Traveller99, 29th Feb, 2020
    #24
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  5. MTR

    MTR Well-Known Member

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    I am off to Tassie bargain
     
    MTR, 29th Feb, 2020
    #25
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  6. The Y-man

    The Y-man Moderator Staff Member

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    • University Sector - ironically as a casual staff, I have landed extra hours beyond normal due to extra classes being offered over the winter semester for students who get left out this semester
    • My wife's work supplies medical and pharmaceutical lab equipment and consumables - suddenly a booming area of the economy, and continuing to be as development and production of vaccines etc goes on (and they don't import from China)
    • Supermarkets - stuff seems to be running off the shelves - probably going to see a spike in retail FMCG spending
    • The supermarket shopping spree is good obviously for shopping centres, although other facets such as cinemas are probably negatively affected. Food courts still seem quite busy.

    The Y-man
     
    The Y-man, 29th Feb, 2020
    #26
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  7. Lacrim

    Lacrim Well-Known Member

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    So I should buy WOW and COL?
     
    Lacrim, 29th Feb, 2020
    #27
  8. The Y-man

    The Y-man Moderator Staff Member

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    I'll just keep taking their rent :D But that reminds me - the other positive this week - the share market movements have allowed me to buy into SCentres for the first time with 6%+ yield. I have now become the big enemy of small shopping strips having money in Scentres (most of you see under the Westfield banner) and Vicinity Centres (despite all that, I shop most often at a complex owned by the QIC of all things!!!!)

    The Y-man
     
    The Y-man, 29th Feb, 2020
    #28
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  9. Propertunity

    Propertunity Well-Known Member

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    Yep. The bush-fires were put out by the rain & the floods - must be a slow news week/fortnight - let's all get fearful of a flu bug :rolleyes:.
     
    Propertunity, 29th Feb, 2020
    #29
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  10. gman65

    gman65 Well-Known Member

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    Play the game..never the reality
     
    gman65, 1st Mar, 2020
    #30
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  11. See Change

    See Change Well-Known Member

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    Well , most of the people. who die will be elderly , who may pass on their wealth to their kids who may spend it , giving a boost to the economy

    I hope I'm just in recipient column , not the donor column...

    Cliff
     
    See Change, 1st Mar, 2020
    #31
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  12. SatayKing

    SatayKing Well-Known Member

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    Time will tell I suppose.
     
    SatayKing, 1st Mar, 2020
    #32
  13. LibGS

    LibGS Well-Known Member

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    The only positive for me, fast service in Asian food places in Melbourne.
     
    LibGS, 1st Mar, 2020
    #33
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  14. Barny

    Barny Well-Known Member

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    IMG_7223.PNG
     
    Barny, 1st Mar, 2020
    #34
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  15. SatayKing

    SatayKing Well-Known Member

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    Reduction in air pollution due to factory closures.

    So that's got to be a positive?
     
    SatayKing, 2nd Mar, 2020
    #35
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  16. Lizzie

    Lizzie Well-Known Member

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    Lizzie, 2nd Mar, 2020
    #36
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  17. albanga

    albanga Well-Known Member

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    The biggest potential I see is companies may consider/plan/action moving manufacturing and reliance on China back to their own countries.

    I mean cheap labor versus business distraction surely now has to factor into any proper risk strategy now.

    You may get a part in China for 1/5th the cost but if you can’t manufacture that part for 3 weeks then is the saving totally abolished?

    I know the origin of a new threat could potentially happen anywhere but history shows us China appears to a big problem with starting and spreading disease.

    NOW as for how this benefits us I’m not too sure. I mean creating local jobs is only a good thing! It just may mean we have to pay a bit more for some things but TBH I’m personally OK with that. I’m sure a striving economy will pay that back in other ways.
     
    albanga, 2nd Mar, 2020
    #37
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  18. geoffw

    geoffw Moderator Staff Member

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    geoffw, 2nd Mar, 2020
    #38
  19. albanga

    albanga Well-Known Member

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    Oh and just solidifies Elon Musks vision.
    I don’t think Coronavirus is going to wipe us out but someday something will!
    Would be good when that happens to be an interplanetary species.

    If SpaceX ever goes public, I’ll be loading up! :D
     
    albanga, 2nd Mar, 2020
    #39
  20. SatayKing

    SatayKing Well-Known Member

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    Short term. Long term "Okay, Houston, we've had have a problem here."

    Larry Niven nailed it in a way but are we sure we wish to infect the universe with us?
     
    SatayKing, 2nd Mar, 2020
    #40
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