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Bullboard - Stock Discussion Forum Nevada Copper Corp NEVDQ

Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and... see more

GREY:NEVDQ - Post Discussion

Nevada Copper Corp > Is recession contagious?
View:
Post by bogfit on Apr 30, 2021 12:25pm

Is recession contagious?

Europe’s Economy Shrank in First Quarter, Revealing a Recession

“The eurozone economy contracted by 0.6 percent over the first three months of the year, sliding back into recession, as the still-raging pandemic prompted governments to extend lockdowns.  Coming a day after the United States disclosed that its economy expanded 1.6 percent over the same period, the European downturn presented a contrast of fortunes on opposite sides of the Atlantic.”

https://www.nytimes.com/live/2021/04/30/business/stock-market-today
 
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Comment by Canoutchie on Apr 30, 2021 1:05pm
Europe sank into a recession because, unlike the UK which was aggressive with vaccinating its public, the European Union took several weeks before deciding to approve the Pfizer vaccine, and then it stupidly started suspending vaccines, with Canada following suit like an obedient lap dog, all at a time when Covid variants were starting to become much more contagious. Amidst a surging third wave of ...more  
Comment by bogfit on Apr 30, 2021 2:50pm
 I hope you are right  to "expect this European recession will be transitory at best." and "growth to resume in a big way across Europe in the latter half of 2021..."  But unlike yourself I am not so sure. Why, because comparisons to other countries is simplistic and fallacious.    Political, cultural, and economic variances predetermine the ...more  
Comment by Notgnu on Apr 30, 2021 3:01pm
Putting emotion and personal situations aside for 59.5 seconds, here is one scenario I can imagine (wako though that you may think it is.) In this scenario: A lot of elderly frail and ill people die relative to the amount of otherwise healthy people that die The vast majority of the others survive without serious, deliterious, long-term effects Wealth is past on and concentrated in ...more  
Comment by bogfit on Apr 30, 2021 4:14pm
" ...  all external factors and possibities and human inventiveness and resiliance need be taken to account" Perhaps you are right.  Could you please identify "all external factors and possibities" so that we may also reach a considered accounting?  No?  Of course you can't.  The point being that is impossible.  What is possible is ...more  
Comment by Notgnu on Apr 30, 2021 4:24pm
doggg... UsO smaarrrtttt! are you in heat again. Here have some Wallmart weinies for your pompus effort. Make sure to take good care of those puppies biatch. let's continue this next week. ENjoy (try not to snarfff so loudly next time.) Cheers, N
Comment by Canoutchie on Apr 30, 2021 5:21pm
I'm sure you've heard the phrase that "the market climbs a wall of worry"; and frankly, nattering nabobs of negativity are only too happy to feed this wall of worry. Read Dr. Eric Topol's Twitter feed to see what he says about the Covid variants. (and note that he's not a Trumpist who's into denial). Topol calls the variants "scariants" for the simple reason ...more  
Comment by bogfit on Apr 30, 2021 7:02pm
 Wow!  “nattering nabobs of negativity” Oh my!  I think I'm going to be ill. I’ve never quite understood exactly what audience Agnew was trying to impress with his alliteration.  I guess he was hitting to those who respond to simple sounds and jingles – You know like “stop the seal” (local thing in Sana Cruz).  But here’s some more quotes you can steal from that crook ...more  
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