The iconic picture of last week. Fighting a pandemic while the world burns. A revolution is coming. And it’s going down in Portland!
Kind of goes with this picture….
Ahem, where was I. Victoria is now at 4012 active cases down from 7671 from last week. The thing to note is states determine recoveries differently. Victoria has reclassified a large number of cases as recovered / inactive. This usually takes place after an interview with the patient to make sure their symptoms have cleared and enough time has passed. At which point you are released from isolation.
Still 585 people in hospital in Victoria, 32 of which are in ICU, of which 21 are on ventilators
Even NSW has gone down to 231 from 279. QLD has moved up slightly from 9 to 16, most likely due to pesky escaped Victorian
You are allowed out after curfew and ignore social distancing rules if you need to shoot up in Richmond. 90 percent of cases in Victoria can be traced back to 1 family.
Surveillance tech has been installed for your safety in Victoria while you were under curfew. Welcome to the dystopian society.
This was an excellent episode about Vaccines and Vaccinology from A16Z. Went into details about how vaccines are developed and how the times and shorten down and things to look out for. One minute the government was going to physically hold everyone down to give everyone mandatory shots, the next minute scotty from marketing said they are not going to do that. Even doctors are saying the no jab no play is a bad idea as we don’t know the long term complication as it will be a new vaccine.
The world now has 6,750,639 active cases. 811,436 people are now deceased. Wuhan is having a giant pool party, so it could be a sign that things go back to normal eventually..?
As the pandemic leaves offices empty around the world, this article questions what’s the point of offices anyway, and it goes through the history of how we got to the office environment. Did anyone else do a big load of pajamas so they would have enough clean work clothes for this week?
Couple who had COVID, but their 4 year daughter was asymptomatic. They were bedridden and their daughter fed herself! It’s probably going to be biscuit and cake and dessert items from the fridge.
A sport columnist in the US had COVID, and the experience was really bad. Here’s an interesting article on how COVID affects each organ in your body.
Protect your elbow!
Markets and Economics
Where’s Australia’s gold? In the Bank of England according to the RBA. 11 tonnes is out on loan, and when gold is out on loan, it’s basically on your books but it’s been sent to Switzerland melted down and lent to a country like China. I.e You are never seeing that gold bar again.
Stagflation is the likely event, what is stagflation – it’s when prices go higher but economic growth slows, and there’s high unemployment. The issue is that economic policy designed to lower inflation creates more unemployment.
We’re probably looking at a asymmetric “w” shaped recovery, and then it’s game over. The usual Friday update is always interesting to listen to.
World’s biggest sovereign wealth fund has lost $21 billion dollars in the first half of 2020
The way we fix the current system is we have to price commodities in SDR, mechanically very simple but politically very difficult. This then led me down a rabbit hole of working out how special drawing rights works. And I’m not sure that’s a solution. When the music is on, you gotta keep dancing.
There’s this holy crap moment in this interview for me, where they talk about how the government agency in Japan didn’t want economic recovery and everyone was just told to keep lending, because they wanted structural change to the system to give them more power. Could this be happening in other parts of the world? Don’t listen to people, watch what they do.
BTC is trading at 11,692 USD
Other Stuff
You’d have to be pretty dedicated to your coffee to bring a glass on a hike, and also not pre-grind your coffee, but bring a grinder as well!!
How to get rid of racism according to Morgan Freeman is to stop talking about it.
Ohhhhh Ok, that’s what that’s for….
Burger king is printing your orders on face masks in Belgium. Looks like that’s in the Wallonia part of Belgium (the part just next to France), Dutch is spoken in the Flanders part. Brussels speaks both. Did you know there is a museum in Brussels that is dedicated to comics (think Smurfs and Tintin). I drove 733km there and back home again in October last year to visit it. Don’t forget the steering wheel in on the left side of car, so we shift gears with the right hand (and there’s only manual cars) and we drive on the opposite side. Here’s some images from those 2 days.
Mm Belgium pram waffle.
Belgium is known for its chocolate.
Enjoy your week. Here’s the COVID song to get you though (WARNING: contains explicit lyrics).