Quote:
Originally Posted by Greedy,Greedy,Greedy
I have been turning on the BBC at night for some perspective. The morning news from Australia is particularly high quality; their financial news from HK, Singapore and London also gives great perspective.
The answer here isn't hard. There is a long list of countries that have focused on quarantine, social distancing, cancelling big events, and giving the basic speech that says we are doing the basic things. What freaked the overnight markets was that the US didn't seem capable of doing the basics and trying to figure out what that would do to the economy. The US can't even figure out how to productively deploy stimulus, and instead looks determined to just keep throwing a couple trillion at a time into deep dark holes.
So the report on the BBC News is, England announced today they'll do X, which Germany and Australia announced yesterday, and that if this continues expect Y to also occur. Meanwhile, the US announces it's going to fiddle a bit, play some golf, and maybe light their cigars with dollar bills. Wait, what!
And you know, my brother in law was diagnosed yesterday with the corona virus. It was simple, he felt bad, had already socially isolated, went to his doctor, got the test, was immediately sent in to a quarantine facility at the central hospital in the nearest city, all without a hitch. He's in fucking Vietnam because that story wouldn't happen here, he'd never have gotten a test.
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I don't disagree. My observation was that Trump is not up to the task, fiddled while Rome started burning, and is now letting an idiot like Mnuchin be the face of this thing. (No one's paying attention to Pence.)
When you fuck something up and you know now it's too late to fix it, and people are really fucking pissed off, among the myriad things you might do to escape the shitty mess in which you've put yourself is Throw a Hail Mary.
Trump threw a Hail Mary. It was ten yards out of bounds. When I heard about it, I thought it sounded decisive, which is good strategy. When I read about how it was received and delivered, I reached the same conclusion everyone has: Fucking mess of a speech, miserably offered.
I hope your brother in law is doing well and this only visits him in its mildest possible form.
