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1 hour ago, mcmigo said:

Johnson only really has one shot at saving the UK from a horrid recession -this afternoon.

 

Gut feel - he and Sunak will soil himself and not do it.  If that is the case, the Tory backbenchers will knife him very, very quickly - within 24 hours-  and install Hunt as PM, and bring Javid back as Chancellor.

 

The plan needs to start with.

 

1.  Underwriting the banks

2.  Underwriting the insurers

3.  Guaranteeing net spendable pay packets up to 80% of earnings for the employed by either tax relief / guaranteed payments

4 . Significant other interventions for the non employed sector.

5.  If needed, nationalise critical businesses a la RBS.

6.  Council tax/ credit card repayment/ rent/ mortgage repayment freezes.

 

 

 

 

 

 

 

Gets my vote

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1 hour ago, owls maniac said:

Really can't see the Tories changing a PM at a time like this. Wouldn't look good at all, regardless of how inept Boris is. 

They won the working class vote.

 

Condeming them to unemployment, extreme poverty and economic destruction, as well as potentially killing them with a messed up strategy on COVID-19 - Tories would never, ever recover that.  Trust me - anything less than bang on the money today and Johnson will be out very, very quickly.  Hunt already positioning.

 

 

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12 minutes ago, mcmigo said:

They won the working class vote.

 

Condeming them to unemployment, extreme poverty and economic destruction, as well as potentially killing them with a messed up strategy on COVID-19 - Tories would never, ever recover that.  Trust me - anything less than bang on the money today and Johnson will be out very, very quickly.  Hunt already positioning.

 

 

Couldn't resist :biggrin:

 

 

tenor.gif

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1 hour ago, mcmigo said:

They won the working class vote.

 

Condeming them to unemployment, extreme poverty and economic destruction, as well as potentially killing them with a messed up strategy on COVID-19 - Tories would never, ever recover that.  Trust me - anything less than bang on the money today and Johnson will be out very, very quickly.  Hunt already positioning.

 

 

 

 

Hunt? ROFL. 

 

 

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From the BBC coronavirus updates:

 

We've just reported that the UK government has promised a £330m package to support businesses. Amounting to £330bn of government back loans and guarantees. What's the picture globally? As the potential for coronavirus to devastate economies is hitting home, numerous countries are announcing huge stimulus packages:

  • Italy: The government has promised to "inject liquidity" to generate €340bn ($383bn) cash flows
  • Spain: Prime Minister Pedro Sanchez says his government will spend €200bn ($220bn), in the largest spending package since Spain became a democracy 40 years ago. "The state will absorb the shock," he said
  • France: On Tuesday Paris created a €45bn ($50bn) package to support businesses and workers. Another €2bn ($2bn) has been earmarked for small restaurants or tourism companies. That adds to the €500bn ($547bn) package promised on Monday.
  • Germany: Chancellor Angela Merkel promised €550bn ($603bn) in government-backed loans
  • US: President Trump will ask Congress to approve a $850bn package
  • Japan: The country is preparing a package of up to $193bn, that could include cash payouts to households.
Edited by The Night-Owl
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We're looking at a year or more?

 

Posted by the BBC coronavirus updates at 17:39

How close are we to a vaccine?

 

Sir Patrick Vallance says that vaccines “are the answer to this” and that progress has been remarkable, but adds it’s unlikely one would be ready for mass use within a year.

 

(i.e. also on the BBC human vaccine trials have begun in America)

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1 hour ago, The Night-Owl said:

We're looking at a year or more?

 

Posted by the BBC coronavirus updates at 17:39

How close are we to a vaccine?

 

Sir Patrick Vallance says that vaccines “are the answer to this” and that progress has been remarkable, but adds it’s unlikely one would be ready for mass use within a year.

 

(i.e. also on the BBC human vaccine trials have begun in America)

 

Yeah and that's to start manufacture. Then you need to administer it to 7 billion people. There's a lot of people that think this will all be over in a couple of weeks. I bet plenty of borders are still closed in a year

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2 hours ago, sherlyegg said:

Think they have asked for volunteers...not sure they can do that here...

Though that could change..

 

Already started testing on humans or about to, in America, according to various reports...

 

https://www.dw.com/en/us-researchers-start-human-trials-for-coronavirus-vaccine/a-52801697

 

But like @darklord said, it will take at least months or a around a year to get it approved and it could take quite a fair while longer to get it out there to those who need it across the world.

 

 

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6 hours ago, mcmigo said:

Johnson only really has one shot at saving the UK from a horrid recession -this afternoon.

 

Gut feel - he and Sunak will soil himself and not do it.  If that is the case, the Tory backbenchers will knife him very, very quickly - within 24 hours-  and install Hunt as PM, and bring Javid back as Chancellor.

 

The plan needs to start with.

 

1.  Underwriting the banks

2.  Underwriting the insurers

3.  Guaranteeing net spendable pay packets up to 80% of earnings for the employed by either tax relief / guaranteed payments

4 . Significant other interventions for the non employed sector.

5.  If needed, nationalise critical businesses a la RBS.

6.  Council tax/ credit card repayment/ rent/ mortgage repayment freezes.

 

 

 

 

 

 

 

1,2,5 maybe but the rest have no chance. No tory would sign up for that.

 

Labour would go for 3,4,6 but not the others.

 

I'm not saying who is right, just stating the reality.

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37 minutes ago, The Night-Owl said:

 

Already started testing on humans or about to, in America, according to various reports...

 

https://www.dw.com/en/us-researchers-start-human-trials-for-coronavirus-vaccine/a-52801697

 

But like @darklord said, it will take at least months or a around a year to get it approved and it could take quite a fair while longer to get it out there to those who need it across the world.

 

 

I worry that if a vaccine is developed by an American company it will cost a fortune.

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Government offering loans to distressed businesses, whose cash-flow will run out in weeks because they have no customers, at 'attractive' rates. 

 

What the next earth shattering offer - chocolate fire guards?

 

 

 

 

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