Depressionary Economic Crash By James Reed

     The Great Depression 2.0 is a coming, and we all need to move to level three of preparation, that is for the economic crash:
  https://www.zerohedge.com/markets/peter-schiff-covid-19-exposing-truth-about-economy
  https://schiffgold.com/peters-podcast/peter-schiff-coronavirus-is-exposing-the-truth-about-the-economy/
  https://www.zerohedge.com/economics/chances-greater-depression-are-increasing-day-warns-drdoom
  https://www.project-syndicate.org/commentary/coronavirus-greater-great-depression-by-nouriel-roubini-2020-03

“The shock to the global economy from COVID-19 has been both faster and more severe than the 2008 global financial crisis (GFC) and even the Great Depression. In those two previous episodes, stock markets collapsed by 50% or more, credit markets froze up, massive bankruptcies followed, unemployment rates soared above 10%, and GDP contracted at an annualized rate of 10% or more. But all of this took around three years to play out. In the current crisis, similarly dire macroeconomic and financial outcomes have materialized in three weeks.

Continue reading

Unemployment to be Greater than Great Depression By Bruce Bennett

     What was the unemployment rate during the Great Depression? Before I looked it up, I thought, yeah, about 30 percent, or higher. Way off: the rate ranges from 14 % to 24.9 % at the height. But, the coming Great Depression 2.0 will be 30 % and rising:
  https://www.thebalance.com/unemployment-rate-by-year-3305506
  https://thehill.com/policy/finance/economy/488924-st-louis-fed-chair-says-us-unemployment-rate-could-hit-30-percent

“Federal Reserve Bank of St. Louis President James Bullard said that the U.S. unemployment rate could reach 30 percent in the second quarter because of the coronavirus pandemic, Bloomberg News reported Sunday. Bullard also said a 50 percent reduction in gross domestic product is possible in the second quarter given the shutdown of business throughout much of the country, which is only expected to increase. He suggested this would all result in a $2.5 trillion loss in income, and that a huge stimulus would be needed to make up for it. Bullard's outlook is more dire than other estimates, though Treasury Secretary Steve Mnuchin told GOP senators during a private meeting this week that it was possible unemployment could reach 20 percent. He later clarified that he was not making an estimate and that he though actions being taken by the government could help the situation. Lawmakers in the House and Senate are struggling to reach a deal on a huge economic stimulus package. Democrats have raised objection about the measure largely drafted by Republicans, arguing not enough of the benefits would reach workers and families most in need. Bullard said the Federal Reserve was considering a number of actions to help the economy. “Everything is on the table,” he said, referring to the Fed’s potential actions for additional lending programs. Bullard encouraged an aggressive government response, which could lead to the third quarter being a “transitional quarter” and the fourth quarter and first quarter of next year as potential “boom quarters.” He added that the government’s priority should be to help American workers and businesses across industries, so companies and industries don’t fall into the cracks. “It is totally stupid to lose a major industry because of a virus,” he said, according to the news outlet. “Why would you want to do that?” Bullard’s comments follow the worst stocks week since 2008, with massive drops in the Dow Jones Industrial Average.” 

Continue reading

Bringing On Economic Collapse; Debt Jubilee? By James Reed

     It is fast becoming mainstream that we are seeing another Great Depression, the exception being that there is now a social welfare net to break people’s fall a little bit, so that they do not die immediately from their economic fall, but perhaps from starvation waiting on the streets to get in the doors of Centrelink, which has become life itself:
  https://www.dailymail.co.uk/news/article-8140855/Queues-people-line-stress-outside-Sydney-Centrelink-office.html?ito=push-notification&ci=11130&si=1326534

     It has been suggested that a debt jubilee is the only way of preventing this Great Depression:
  https://www.washingtonpost.com/opinions/2020/03/21/debt-jubilee-is-only-way-avoid-depression/

Continue reading

Letter to the Editor - The Virus Slowdown was Successful

25 March 2020

The Virus Slowdown was Successful

Continue reading

The Politically Correct 007 By Peter Ewer

     I once loved the James Bond character, but with Daniel Craig, that took a dive, as we saw the new politically correct Bond, so distant from Sean Connery, that it might as well be another world, which it is. But, what is the guy like in real life? Worse.
  https://www.dailymail.co.uk/tvshowbiz/article-8135603/Bond-star-Daniel-Craig-insists-wont-leave-125-million-fortune-children.html

“Daniel Craig has insisted he won't be giving a penny of his £125million fortune to his children because he believes 'inheritance is distasteful.' The James Bond actor, 52, revealed his 'philosophy is to get rid of it or give it away before you go' and says he has no plans on passing down his wealth to his daughters, including the two-year-old he shares with wife Rachel Weisz, 50. In a new interview, the 007 star, said: 'I don't want to leave great sums to the next generation' – after earning a reported £18million for his final James Bond film, No Time to Die. Speaking to Saga magazine, he continued: 'I think inheritance is quite distasteful. My philosophy is to get rid of it or give it away before you go.' Daniel is a father to daughter Ella, 28, who he shares with ex-wife Fiona Loudon, 51, and a child whose name hasn't been confirmed with current partner Rachel.”

Continue reading

The Killing of Cash By James Reed

     This is disturbing. This morning I read that one big supermarket was not taking cash for payments, for fear of the corona bug being on the money, but when I hobbled to the store, that policy was dropped, why, I do not know, perhaps an act of God? Yes, this was never a problem before with poo getting on the money  and they did not care then, but I suppose this is different, eh?
  https://www.abc.net.au/news/2020-03-20/will-coronavirus-kill-off-cash-in-australia/12065860

“The coronavirus pandemic has spread to many aspects of life. But one of its early and unexpected impacts seems to be on cash — or, more specifically, cash transactions. Though it does not reference cash specifically, Department of Health advice says the COVID-19 virus can spread through "touching objects that have cough or sneeze droplets from an infected person" on them. So when managers of The Knox cafe, in suburban Canberra, met to discuss how to protect staff and improve hygiene, refusing coins and banknotes was one of their first decisions. "We've stopped using keep cups and we've stopped cash transactions," front-of-house manager Madeleine Clarke said. "Our boss wants us to minimise hand-to-hand interactions and, obviously, cash carries a lot of germs." Peter Barclay, who runs city pub King O'Malleys, has started to ask drinkers to do the same. "Already, very few people use cash in the economy … it's probably 10 to 15 per cent of our patrons," he said. "When they come to the bar, we just say, 'Look, do you have a credit card?'" These cases are not isolated. Merchants across the country are responding to the COVID-19 crisis by avoiding touching money. Others, such as McDonald's restaurants, still accept coins and banknotes, but instruct staff to wear gloves while doing so. A spokesperson for McDonald's said the chain had also advised employees how to give and take coins from customers in a way that minimised contact.”

Continue reading

The Great Coronavirus “Hoax”? By Brian Simpson

     The position of most of us writers on the coronavirus, and we have read much of the alternative coverage, is that it is too soon to say for sure whether of not this is a manufactured crisis, a bioweapon gone rogue, or just a natural evolutionary development, with a virus species jumping. Therefore, it is wise to cover all the bases and to give voice to a much information and points of view as possible. One thing to keep in mind is that many have noted that there will be severe economic ramifications, which could be a crisis, manufactured or not, more severe than the GFC. And, the world will never be the same:
  https://www.washingtonexaminer.com/opinion/after-coronavirus-things-wont-go-back-to-normal?utm_source=breaking_push&utm_medium=app&utm_campaign=push_notifications

“National borders can be expected to harden where, for decades, they had become increasingly porous. Nations facing contagion from abroad sealed or semi-sealed their borders. This, I suspect, was not simply health quarantining but animated by a turning inward, a desire or instinct for national identity. Governments that recently fostered the idea that their citizens were Europeans rather than members of distinct nationalities drew a line around the people who knew they were indeed a people. Italians in lockdown didn’t sing the EU anthem on their balconies; they sang patriotic songs about Italy. For worse and for better, this pandemic will stoke suspicion of foreign peoples and lands and will give extra force to increasingly persuasive arguments that nation-states are the most effective bulwarks against arrogant encroachments on self-government. COVID-19 will also change the way we regard China, which since the Clinton presidency has been treated less as a strategic rival than as a trading partner. Now we will see it as a tyranny responsible for a scourge laying waste to our economy, jobs, wealth, and well-being. We will be less tempted to subordinate recognition of its malignancy to wishful thinking and commercial desire. Others foresee revolutionary change. It certainly seems likely that some of what is to come will be shocking. The phrase, “things will never be the same,” is usually either a truism or an exaggeration, but on rare occasions, it is apt. We may be at such a moment now. No one has ever seen an economic slowdown as quick as this, nor a behavioral volte-face as sudden as the whole world’s switch to social distancing.”

Continue reading

How Mahathir overcame the Asian crisis By Eiichi Furukawa

Jul 18, 1999

     Starting in September last year, Prime Minister Mahathir Mohamad of Malaysia was strongly criticized by the Western media and some Western governments over the introduction of capital controls and the sacking of his deputy prime minister and finance minister Anwar Ibrahim, who was later tried for alleged criminal acts. It was thought that Mahathir was doomed to be overthrown by student and youth demonstrations. Now, however, the outcry has subsided, the political situation has been stabilized and capital controls have been deemed a success even by the anti-Mahathir Western media and IMF Managing Director Michel Camdessus.

Continue reading

Is this a Conspiracy to Bring Down Trump? By Charles Taylor

     It may all be a conspiracy, or it could be the elites capitalising on events, but the present market freefall may well doom Trump, since this traitor has only the economy going for him, failing all of his election promises, so when that is taken from him, the sheeple, no, the voting poultry, will put Biden in, just for something new to do.
  https://www.counter-currents.com/2020/03/is-coronavirus-the-wrath-of-god/#more-118004

“A few days ago President Trump tweeted “So last year 37,000 Americans died from the common Flu. It averages between 27,000 and 70,000 per year. Nothing is shut down, life & the economy go on. At this moment there are 546 confirmed cases of CoronaVirus, with 22 deaths. Think about that!” New York Magazine called this a “terrifyingly ignorant” message . But is it? Conservative journalists have followed Trump’s lead. Steve Hilton of Fox News quoted a public health official  as saying “Most people — more than 85% — will have mild or no symptoms.” Hilton advised against panic. Rush Limbaugh claimed that Coronavirus is being “weaponized” to “bring down Trump,”  and compared it to the common cold. So who’s right? It’s really hard to say. All I know for certain is that the liberal media really is corrupt enough to deliberately exaggerate the danger of Coronavirus just to try to damage Trump in an election year. The primary objective would be to create economic chaos, which seems to already be happening. Trump seems to have decided to run for re-election almost entirely on economic good news, so the best way to hit him would be for the economy to tank prior to November. And we must also note the familiar pattern: the media and liberals simply oppose whatever Trump says and does. Because Trump has suggested that the threat of the virus may be overblown, naturally the Left must take the position that the virus is a huge threat and that Trump is dangerously irresponsible for downplaying it. As Paul Joseph Watson has pointed out, if Trump had hyped the danger of Corona, the media would call his response hysterical, and accuse him of planning to cancel the November election. And we already know that the media is actively telling lies about Trump’s response to Corona. More than a week ago, several liberal news outlets reported that Trump had called Coronavirus “a hoax” at one of his rallies.

Continue reading

Return to Sender By Peter Ewer

     Old time League people will be saying ‘I told you so at this one,” and Eric Butler, in Heaven now, will be nodding:
  https://www.yahoo.com/news/zimbabwe-gives-land-back-white-150503602.html

“Two decades after President Robert Mugabe wrecked Zimbabwe’s economy by urging black subsistence farmers to violently force white commercial farmers and their workers off their land, his successor has thrown in the towel. Emmerson Mnangagwa’s government has proposed settling all outstanding claims against it by farmers by offering them land. “The object of the regulations is to provide for the disposal of land to persons entitled to compensation,” Land Minister Perence Shiri said in regulations published in the Government Gazette Friday. The seizures that began in 2000 were ratified by the government, which said they were needed to redress colonial imbalances. A vibrant agricultural industry that exported tobacco and roses and grew most of the food the nation needed collapsed. Periodic food shortages ensued, inflation became the world’s highest and the manufacturing industry was decimated. What was one of Africa’s richest countries became one of its poorest. Almost 4,500 white-owned properties and others protected under government-to-government agreements were affected by the program. The southern African nation this year budgeted about Z$380 million ($21 million) for compensation. Several farms that were protected under so-called Bilateral Investment Protection Agreements belonged to nations including the U.K., South Africa, Australia, the Netherlands and Denmark.”

Continue reading

What About the Moriori? New Zealand and First Peoples By Brian Simpson

     As this is a sensitive issue I will let the left-wing paper do the scene setting:
  https://www.theguardian.com/world/2020/feb/14/after-more-than-150-years-new-zealand-recognises-extinct-moriori-people

“For decades history books in New Zealand taught schoolchildren that the Moriori people were extinct. The accepted wisdom was that the Polynesian settlers of the Chatham Islands, who arrived hundreds of years before Māori, were wiped out by invading Māori tribes, who killed and enslaved their population after landing on the islands in 1835. But more than 600 years since the Moriori arrived in New Zealand, their descendants have signed a treaty with the government that enshrines their rights and been awarded NZ$18m in compensation. The treaty includes an agreed historical account and a Crown apology. The settlement package includes the transfer of lands of cultural and spiritual significance to Moriori on Rēkohu (Chatham Islands) and Rangihaute (Pitt Island) as cultural redress, and $18m in financial redress. In the 1990s the Moriori began to rebuild their culture and traditions, officially becoming recognised as the Chatham Islands’ Indigenous inhabitants in a Waitangi tribunal decision. According to the 2006 census, 945 people said they were of Moriori descent and today the New Zealand government recognised their decades-long struggle for recognition.”

Continue reading

Zero Emissions Almost Here? By Viv Forbes

     Planes parked up, cruise ships anchored, airports deserted, tourists not touring, supermarket shelves bare, Disneyland shut, borders closing, motor races cancelled, no fans in the stands, smelters and factories closing, travel banned, oil and coal prices crashing, stock markets plunging, businesses closing, bankruptcies rising, hotels and motels unoccupied, politicians panicking, barbies cold - - looks like zero emissions is almost here.

Turkey Happily Working for the Collapse of the West By Richard Miller

     Turkey is pushing the boundaries of what a country can do before war breaks out; in its latest act it has used EU funded armoured vehicles to let in the illegals to Greece, entry point for the attack upon Europe:
  https://gellerreport.com/2020/03/video-eu-funded-turkish-armored-vehicle-rips-down-greek-border-fence.html/
  https://www.breitbart.com/europe/2020/03/10/watch-eu-funded-turkish-armoured-vehicle-rips-down-greek-border-fence/

“The Greek government has released a night-vision video which they claim shows a Turkish armoured vehicle obtained through European Union funding trying to rip down border fencing and allow illegal migrants to penetrate the Greek border. A statement released along with the video said it was “depicting a Turkish armoured border surveillance vehicle which tries to pull down part of the border fence with a rope”, according to Greek newspaper Kathimerini and the Associated Press. “This is a HIZAR/ATES vehicle, which is equipped with instruments that allow it to monitor the border (day and night),” the statement claimed. “Turkey obtained these vehicles from May to August 2019, with 75 per cent of the program financed by European funds. It has a powerful engine and climbing capabilities.”

Continue reading

Will this be the “End”? By Brian Simpson

     Our Nordic friend, Bjorn Bull-Hansen, who camps in the bush and philosophises drinking freshly brewed coffee, has never seen anything like this. Across Europe, schools, universities, work places, closed. For capitalism this is the apocalypse. But people are told not to panic, but they did.
  https://www.youtube.com/watch?v=SdWuQfiDpDI
  http://www.occidentaldissent.com/2020/03/13/president-trump-declares-national-emergency-over-coronavirus/
  http://www.occidentaldissent.com/2020/03/12/the-storm-is-coming/
  https://www.zerohedge.com/personal-finance/doug-casey-greater-depression-coming
  https://www.zerohedge.com/health/dont-believe-numbers-johns-hopkins-prof-fears-worst-public-health-crisis-polio
  https://www.shtfplan.com/headline-news/biblical-anarchy-market-screwed-sheer-decimation_03132020
  https://www.telegraph.co.uk/business/2020/03/09/coronavirus-may-destructive-lehman-crisis/

Here is the claim that the real issue that Covid-19 raises is the old battle between state control/paternalism and liberal freedom, with state control seeming to win … at least while the state continues to function. At some level pandemics may simply collapse state functions, leading to no-one able to run the politic machinery, and hence political breakdown. But, that is a long way off yet, isn’t it? “Covid-19 is turning into a strategic contest between the social control model of China and the unruly, free-spirited pluralism of the West The world’s geopolitical order will be unrecognisable once Covid-19 has done its worst. Long-standing regimes will be badly compromised. Political systems that have never fully recovered from the Lehman crisis will suffer a second body blow. Those Western democratic governments that have been most complacent or incompetent will be torn to shreds by unforgiving electorates. Social media will see to that. Covid-19 is turning into a strategic contest between the social control model of China’s Communist Party and the unruly, free-spirited pluralism of the West. How that comparison plays out will shape the global order in the 21st Century. In this country, Brexit scarcely matters right now. Decimal points of GDP are irrelevant. Boris Johnson will be judged on whether or not his administration allows avoidable decimation of the elderly – and the not so elderly – and whether the National Health Service buckles in catastrophic institutional failure.

Continue reading

Top of the Canadian Tree Falls to Covid-19 By Brian Simpson

     This is becoming a full-time job as I work late into the night reading numerous articles from dozens of sites to keep on top of the coronavirus pandemic. This latest news item is informative, since Sophie Trudeau, wife of Canada’s PM, Justin Trudeau, has now tested positive for the coronavirus. Thus, even the elites, at least the lower level puppet types like political leaders are getting the bug. But, my guess is that George Soros and higher up, will not.
  https://www.zerohedge.com/geopolitical/eu-leaders-slam-trumps-unliteral-travel-ban-global-outbreak-death-toll-passes-4500
  https://nationalpost.com/news/canada/cp-newsalert-trudeau-goes-into-self-isolation-over-covid-19

Selling, or Stealing Science to/for China By Bruce Bennett

     Here is a clear problem arising from diversity and multiculturalism, the problem of national loyalty. It is something that the West just forgot about after World War II, because of, well, it would be “racist” to think such thoughts, or too much of a burden to unlimited economic growth :
  https://apnews.com/73fa72b776f2403688a572b770d7f3b5
  https://www.theepochtimes.com/thousands-of-us-based-scientists-sell-research-to-china-report-says_3150130.html

“The United States government has failed to stop China from stealing intellectual property from American universities and lacks a comprehensive strategy for dealing with the threat, a congressional report concluded Monday. The report says the FBI should be more effective and consistent in warning colleges and universities about the threat of Chinese economic and industrial espionage. It also says agencies that award research grants or provide visas for scientists don’t do enough to monitor or track the recipients, and says universities themselves must do a better job identifying foreign funding sources and conflicts of interest among scientists on their campuses. The problem is especially urgent, says the report from the Senate’s Permanent Subcommittee on Investigations, because billions of dollars in taxpayer-funded research have “contributed to China’s global rise over the last 20 years” and to its goal of being a world leader in science and technology by 2050. “As American policy makers navigate an increasingly complicated relationship with China, it is not in our national security interest to fund China’s economic and military development with taxpayer dollars,” the report says. The report is the most recent government study to analyze Chinese intellectual property theft on college campuses and to scrutinize the shortcomings of government agencies in addressing the problem. It focuses on Chinese programs that recruit scientists with access to cutting-edge technology in the U.S. and incentivize them to conduct research for Beijing’s gain and even to steal the work of American academics. In recent years, the report says, the programs have been exploited by scientists who have downloaded sensitive research files before returning to China, filed patents based on U.S. research, lied on grant applications and failed to disclose money they’d received from Chinese institutions. “The U.S. academic community is in the crosshairs of not only foreign competitors contending for the best and brightest, but also of foreign nation states that seek to transfer valuable intellectual capital and steal intellectual property,” the report states. “As the academic community looks to the federal government for guidance and direction on mitigating threats, the U.S. government must provide effective, useful, timely and specific threat information and tools to counter the threats.” The report takes aim at the lack of transparency in how the programs are run, recommending that agencies that distribute research grants stop funding participants in them absent full disclosure of the terms and conditions of membership.”

Continue reading

New Investments outlive Confetti Money By Viv Forbes


14 March 2020,      Governments seek to revive “the economy” by scattering gifts of our own money wrapped in red tape. This encourages immediate consumption. But this stimulation stops dead when the money tap is turned off. Three simple measures from the three levels of government will create more long term jobs than discriminatory and complicated political handouts that have no lasting effect. Firstly, abolish the federal Capital Gains Tax. Fear of CGT has constipated private property transfer and investment for decades. Most new investors in houses, businesses or farms soon start making improvements – alterations, extensions, a granny flat or new sheds, yards, dams, fences, factories or workshops. But after a few years, owners become satisfied or inactive and capital expenditure dries up. Often they would like to move on but they fear CGT punishment if they sell. Abolish the CGT and its complicated rules and many owners would upgrade to a new property or business and both old and new properties are likely to attract a new cycle of investment and renovation. Making all capital expenditure immediately deductable for tax in all industries would also accelerate re-investment. We would hear the hammers starting within days (as in post-war Germany when Ludwig Erhardt set their beaten people free of tax). Secondly, State governments can accelerate economic rejuvenation by abolishing stamp duty, which is a tax on those who do things. New Zealand abolished stamp duty twenty years ago and the sky did not fall. Thirdly, local governments can help with a six-month rates holiday for all rate payers in shires suffering from fires, flood, drought or corona-virus depression. The feds should fund this. Giving an allowance to people who are forcibly quarantined is reasonable. But most people don’t want a handout – they want a job. We don’t want governments scattering our own money like confetti – we want conditions that encourage people to invest more of their own money in creating real jobs.

Real Job Creation By Viv Forbes

     Governments seek to revive “the economy” by scattering gifts of our own money wrapped in red tape. This encourages immediate consumption. But this stimulation stops dead when the money tap is turned off. Three simple measures from the three levels of government will create real long term jobs without complicated political handouts that have no lasting effect. Firstly, abolish the federal Capital Gains Tax. Fear of CGT has constipated private property transfer and investment for decades. Most new owners of houses, businesses or farms soon start making improvements – alterations, extensions, a granny flat or new sheds, yards, dams, fences, factories or workshops. But after a few years, owners become satisfied or inactive and capital expenditure dries up. Often they would like to move on but they fear CGT liabilities if they sell. Abolish the CGT and its complicated rules and many owners would upgrade to a new property or business and both old and new properties are likely to attract a new cycle of improvements.

     Making all capital expenditure immediately deductable for tax in all industries would accelerate re-investment. We would hear the hammers starting within days (as in post-war Germany when Ludwig Erhardt set their beaten people free). Secondly, State governments can accelerate economic rejuvenation by abolishing stamp duty, which is a tax on those who do things. New Zealand abolished stamp duty twenty years ago and the sky did not fall.
Thirdly, local governments can help with a six-month rates holiday for all rate payers in shires suffering from fires, flood, drought or corona-virus depression. The feds should fund this. Giving an allowance to people who are forcibly quarantined is reasonable. But most people don’t want a handout – they want a job. We don’t want governments scattering our own money like confetti – we want conditions that encourage people to invest more of their own money in creating real jobs.

Yin Yang and All That By Chris Knight

     I told you so! Former presidential runner Chinese American Andrew Yang, has now endorsed Joe Biden. This is the guy who promised to be against the system, and give everybody $1,000 to party with. That offer immediately attracted the trolls and naïve sector of the Dissent Right, who thought that voting for Yang would teach Trump a lesson. Pure illusion, for it was only a matter of time before Yang would collapse back into the mainstream, if he ever left it. It goes to show how bad some on our side really is, lacking fundamental maturity, and even street wisdom. No wonder they lose all the time, for their army is full of losers!
  https://edition.cnn.com/2020/03/10/politics/andrew-yang-endorses-joe-biden/index.html
  https://edition.cnn.com/2020/02/19/politics/andrew-yang-cnn-political-commentator/index.html

Should Australia be Shut Down? Will Australia be Shut Down? By Brian Simpson

     Things are hotting up in the fear/paranoia stakes regarding the coronavirus, with calls from the Grattan Institute’s chief executive John Daley, to shut down schools and universities to attempt to stem the advance of Covid-19. Well, shut down the universities … it looks like James Reed will get his wish! After all, Trump has just shut down America to Europe:
  https://www.breitbart.com/politics/2020/03/11/donald-trump-suspends-all-travel-from-european-union-for-30-days-to-fight-coronavirus/
  https://www.dailymail.co.uk/news/article-8100251/Australia-close-borders-shut-schools-universities-face-coronavirus-epidemic.html

“Australia has been urged to close its borders, shut down schools and universities and cancel mass events or risk facing a 'complete and utter coronavirus epidemic'. Grattan Institute's chief executive John Daley called for Scott Morrison to follow the lead of Japan, Hong Kong and Singapore, which have introduced radical social distancing measures to curb the spread of COVID-19. Mr Daley said while some countries' approaches to the outbreak have impacted their economies, they had been successful in reducing virus cases. 'One option is that we can introduce very significant social distancing now and also potentially close the airports to foreign travellers. The consequence of that would be you would probably see the number of cases in Australia drop to zero,' he told The Australian. 'The second option is that you keep doing what we are doing at the moment. At some point it is likely that we will start to see significantly more person-to-person transmission in Australia.' Mr Daley warned if Australia keeps up its 'non-stringent measures like Italy', our cases would climb 'pretty quickly' and the fatality rate would skyrocket. Dr Muhammad Mohsin, who runs a number of GP clinics, called for all public events, schools, businesses, childcare centres and universities to be shut down for a month. 'This is the only way we can avoid a complete and utter epidemic in Australia. Otherwise, the virus will spread and it will devastate our country and our economy. We must do it before winter arrives. This is absolutely critical,' he said.

Continue reading