Quote from: The Pharmacist on September 17, 2020, 04:40:47 PM

Quote from: fiulpro on September 17, 2020, 10:51:04 AM

-employment rates are falling down below 10%.

I think you mean unemployment rates there, because we're certainly not at 90% unemployment.

Of course, but it's also pretty weird for that statistic to be included in the list as it's one of the few indicators that is looking good.
Just read the other days that the unemployment rate went again down to 8.4%, of course not a great number, not really showing all the picture as a better indicator would be the number of people having jobs, but it's still better than nothing.

Quote from: Febo on September 17, 2020, 05:10:30 PM

USD lost a lot toward euro in the last few months. That makes USA exporting into Europe cheaper. And importing from Europe more expensive. That should at last on short term help USA economy a bit. Question is where will price move now. Will be dollar get even cheaper or will start gaining strength back.

And when the weak dollar helps the economy with the economy growing the dollar also starts to increase in value and we're back to square one as there is no direct trajectory for this, you can't have booming manufacturing and exports with an increasing currency forever.
What you can have, is a weak currency and a totally shitty economy that isn't producing anything!

As for the euro, I wouldn't read to much into the latest movement.
In 2017 one euro was at the lowest worth 1.04 usd, then in 2018 1.25 and now it's hovering between 1.18 and 1.15, probably more the effect of enthusiasm that EU is safe from the virus, enthusiasm that is coming to bite us in the a...I've one said, if the US has 10 times more cases, there is also a positive, there are fewer persons who could become sick in the future, here we have avoided that...till now. If Europe returns not to permanent lockdown but at least to reimposing the shutdowns of tourism and pubs and malls we're going back to 1E=1$ in a month.

Quote from: Upgrade00 on September 17, 2020, 06:50:24 PM

New Zealand could be used as an ongoing case study on how a recovery process would be in other nations. The country responded quickly and efficiently to the outbreak and were able to adequately contain it with minimal cases and deaths, this strict measures however resulted in an national recession - New Zealand plunges into recession as economy shrinks record 12pc - the next phase would be rebuilding.

You're talking about two islands with 4 million people in the middle of nowhere, with 10 times fewer visitors per year than Las Vegas.
Things that work don't always scale.