COVID-19 — Coronavirus

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Ouch. We'll be in hock for the rest of my time on this planet.

to put it into perspective last March we were £1.82 trillion in debt.

so while £360bn is a very very large number. its not new ground in national debt terms.

Edit: Id suggest for the 1st few years after this we'll actually see tax cuts to stimulate the economy.
 
It is down 152 on English hospital deaths recorded on Saturday. But there is a drop in deaths from the trend every Monday.
Also, they are making a better stab at recording deaths outside hospital in England - there were 45 of those yesterday.
Add Saturdays total NI+Wales+Scotland figures to yesterdays english hospital deaths [555] and you come up with 576 which is 41 short of the 621 UK total that was announced on Sunday.
There are a lot to be added from Scotland. They are transitioning reporting methods last week it was around 40 a day, yesterday and today just 2. Sturgeon has warned they aren’t true figures, when they are adjusted Tuesday Wednesday they will be higher than last weeks daily figures.
 
to put it into perspective last March we were £1.82 trillion in debt.

so while £360bn is a very very large number. its not new ground in national debt terms.

Edit: Id suggest for the 1st few years after this we'll actually see tax cuts to stimulate the economy.

Hope so the problem is the phrase “after this” as everytime I think balance is coming it just seems to be more lockdowns and longer periods.

I feel for those this 16-30 it’s going to be tough for a few years , whenever “after this” occurs. The longer this goes on the tougher it’s going to be .
 
Hope so the problem is the phrase “after this” as everytime I think balance is coming it just seems to be more lockdowns and longer periods.

I feel for those this 16-30 it’s going to be tough for a few years , whenever “after this” occurs. The longer this goes on the tougher it’s going to be .

Yep there is no doubt that its gonna cause some pain. I do hope a lot of it will just be absorbed into the countries debt and we just plod along like we always have.

I guess it depends who we borrowed the money from and on what terms.
 
to put it into perspective last March we were £1.82 trillion in debt.

so while £360bn is a very very large number. its not new ground in national debt terms.

Edit: Id suggest for the 1st few years after this we'll actually see tax cuts to stimulate the economy.
UK debt at the end of WW2 would be roughly the equivalent of £4.8tr today, so with everyone else in the shit then, so long as we invest debt in economic growth and not piss it away on spending that doesn't result in economic growth we can probably double the debt.

For reference:
https://obr.uk/box/post-world-war-ii-debt-reduction/
 
The problem isn't a problem it's well understood.
The tests are not 100% accurate. Not even close. That is why the bullshit Test test test mantra is fucking worthless.
I wish I were in worthless Germany then.


In mid-January, long before most Germans had given the virus much thought, Charité hospital in Berlin had already developed a test and posted the formula online.

By the time Germany recorded its first case of Covid-19 in February, laboratories across the country had built up a stock of test kits.

“The reason why we in Germany have so few deaths at the moment compared to the number of infected can be largely explained by the fact that we are doing an extremely large number of lab diagnoses,” said Dr. Christian Drosten, chief virologist at Charité, whose team developed the first test.

By now, Germany is conducting around 350,000 coronavirus tests a week, far more than any other European country. Early and widespread testing has allowed the authorities to slow the spread of the pandemic by isolating known cases while they are infectious. It has also enabled lifesaving treatment to be administered in a more timely way.

“When I have an early diagnosis and can treat patients early — for example put them on a ventilator before they deteriorate — the chance of survival is much higher,” Professor Kräusslich said.
 
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