yeah, Trumpie style "It's just a flue". Disgusting.Coffee, black. wrote: ↑Mon Dec 07, 2020 7:26 pmThese?Covidly Obese wrote: ↑Mon Dec 07, 2020 6:01 pmhttps://m.phnompenhpost.com/sites/defau ... k=yXO2T3Oy
Maybe this lot should be pulled in for compulsory covid testing after refusing to mask up and maintain distance...
'State of Emergency'/full lockdown
Yeah, the same naive reasoning "print your own currency to get out of trouble" has been done by other dictators and is called hyper-inflation. When Greece and Italy did still have their own currency, they did do so, with the persistent consequences of a continuous inflation. With Draghi in charge at the EU Central Bank, he "invented" another way out of prison mechanism for Italy (his home-country): Negative interest, another Ponzi scheme to rob pensions.orde wrote: ↑Mon Dec 07, 2020 11:17 pm....
It's a massive advantage to borrow in your own currency. Interestingly, Eurozone countries are in a twilight zone, Greece for example technically borrows in its own currency but has almost no say in monetary policy, Greece cannot itself print its way out of trouble.
Inflation does not have to mean hyper-inflation. In fact some inflation is beneficial, that's why any sane country targets some inflation every year.v12 wrote: ↑Tue Dec 08, 2020 9:42 amYeah, the same naive reasoning "print your own currency to get out of trouble" has been done by other dictators and is called hyper-inflation. When Greece and Italy did still have their own currency, they did do so, with the persistent consequences of a continuous inflation. With Draghi in charge at the EU Central Bank, he "invented" another way out of prison mechanism for Italy (his home-country): Negative interest, another Ponzi scheme to rob pensions.orde wrote: ↑Mon Dec 07, 2020 11:17 pm....
It's a massive advantage to borrow in your own currency. Interestingly, Eurozone countries are in a twilight zone, Greece for example technically borrows in its own currency but has almost no say in monetary policy, Greece cannot itself print its way out of trouble.
True the Greece and Italy of old had more inflation than the 2%ish usually considered optimal, but they at least kept growth in their economies and debt was manageable. Since they have joined the Euro it's all gone to fuck for them, they never saw any real growth since and the debt is getting silly.
- ali baba
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Any numbers showing deathrates and hospitalisations this year?
I'm interested to compare raw numbers with previous years since I doubt testing is pervasive enough to provide useful data.
I'm interested to compare raw numbers with previous years since I doubt testing is pervasive enough to provide useful data.
C'mere c'meye
The testing here is unlike Korea and Western countries etc. Elsewhere they test with a long very flexible plastic swab that goes all of the way to the top of your nose then turns the corner and keeps going until it feels like it's almost in the back of your throat. It's fucking horrible actually but I'm assuming it hits the right spot where the virus concentrates.
In Cambodia the test is a large Q-tip/cotton-bud, completely solid, chunky. It has absolutely no hope of turning the corner at the top of your nostril. In fact the cotton wool swab is so chunky that it literally won't fit down the narrow plumbing. It goes an inch up your nose and hits a dead stop.
My hunch is that the Cambodian covid test is utter shite.
In Cambodia the test is a large Q-tip/cotton-bud, completely solid, chunky. It has absolutely no hope of turning the corner at the top of your nostril. In fact the cotton wool swab is so chunky that it literally won't fit down the narrow plumbing. It goes an inch up your nose and hits a dead stop.
My hunch is that the Cambodian covid test is utter shite.
The moment you use the money press to finance your debts (just like the US does, though still getting away with it), you create hyper-inflation (be it 10% or be it 1000%, the same). That's "creating" money.orde wrote: ↑Tue Dec 08, 2020 12:43 pm....
Inflation does not have to mean hyper-inflation. In fact some inflation is beneficial, that's why any sane country targets some inflation every year.
True the Greece and Italy of old had more inflation than the 2%ish usually considered optimal, but they at least kept growth in their economies and debt was manageable. Since they have joined the Euro it's all gone to fuck for them, they never saw any real growth since and the debt is getting silly.
What Draghi did is not "Create" the extra money, though by creating negative interest, increase the public circulation speed. The same effect on the Greece and Italy state debts, paid off by the solid EU countries (and its citizens).
You don't know what you are talking about.
Hyperinflation is defined as at least 50% inflation per month, that's over 12,500% per year (compounded).
10% inflation is not hyper-inflation. Even 1000% inflation is not technically hyper-inflation.
orde,
I respect your opinion and I know you entered Cambodia at least once during the virus, but I can tell you that the swabs Cambodians gave my family mid-late November were DEEP: penetrating at LEAST 3 inches, 7.6cm, into our skulls. Swabs we had in my home country were taken in a more clean environment, so there would be less contamination from the environment, but my understanding, is that the tests are sufficiently specific that this doesn't much matter. Hence the pictures from the USA and elsewhere of swabs taken in parking lots etc.
I don't believe Cambodia's medical system deserves full credit for Cambodias very low case numbers (and, putting science totally aside for a moment, it does, to me, FEEL low, not only due to extremely low testing so far.), but I think they have certainly taken it seriously and they deserve credit both for recent effort and, yes, the skill they have shown.
For a disease that kills relatively rarely, I can complain about shutdowns as loudly as many posters here, but I can't complain about now living in a country that feels really quite safe. I'll give praise where praise is due.
I respect your opinion and I know you entered Cambodia at least once during the virus, but I can tell you that the swabs Cambodians gave my family mid-late November were DEEP: penetrating at LEAST 3 inches, 7.6cm, into our skulls. Swabs we had in my home country were taken in a more clean environment, so there would be less contamination from the environment, but my understanding, is that the tests are sufficiently specific that this doesn't much matter. Hence the pictures from the USA and elsewhere of swabs taken in parking lots etc.
I don't believe Cambodia's medical system deserves full credit for Cambodias very low case numbers (and, putting science totally aside for a moment, it does, to me, FEEL low, not only due to extremely low testing so far.), but I think they have certainly taken it seriously and they deserve credit both for recent effort and, yes, the skill they have shown.
For a disease that kills relatively rarely, I can complain about shutdowns as loudly as many posters here, but I can't complain about now living in a country that feels really quite safe. I'll give praise where praise is due.
I do, 50% inflation a month is bad. 10% inflation a year is also bad, it kills the savings, the pension system and moves everything from a long term view to a short term view. The same what happens in Cambodia, poor people only think for the today and maybe tomorrow. No long-term investments.
Shit I just realised who I'm arguing with.
Fair one you got me, I've officially been wummed.
Fair one you got me, I've officially been wummed.
The death-rate is extremely low, compared to Western countries. The hospitalization is 100%. Everybody caught being infected is put in hospital, no choice. And we neither did hear horror stories about people being extremely ill and put on mechanical respiration in the IC.
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Tonight a large police force (about 15) went about Street 172, telling restaurant owners to completely close from tomorrow (Friday, Dec 11). I have no idea what triggered this move and whether it will be really enforced, but just so you know. It's beginning to feel like a complete lockdown, although the few cases we have here don't warrant such a drastic measure, IMO.
IS GSM closed down?? Pontoon? Or the fratpacking on 278? Is Siem Reap bumping? That's something of a barometer. Are Chinese nationals literally walking around totally untouched?
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No idea about GSM or Pontoon but I'd imagine Pontoon is closed. There's no"fratpacking" - those places have either changed their business model or gone under. Siem Reap is mostly deserted. Chinese nationals are free to walk around like anyone else.
Romantic Cambodia is dead and gone. It's with McKinley in the grave.
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