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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (9668)	5/5/2020 9:58:34 AM
From: Kirk ©	Read Replies (1) \| Respond to of 26463

New Zealand is opening up. Interesting they locked down after we did in Santa Clara County, CA... Also, I like how their leaders took pay cuts. I know Trump donates ALL of his salary to the US Government but I'd sure like to see Pelosi and others take cuts to match what most of us have felt, even if just wealthy folks getting less return on our fixed income with lower stock prices. cnbc.com How New Zealand’s ‘eliminate’ strategy brought new coronavirus cases down to zero PUBLISHED TUE, MAY 5 20202:14 AM EDT Chloe Taylor ... New Zealand entered a level 3 lockdown on March 23, meaning non-essential businesses were closed, discretionary domestic air travel was banned, and all events and gatherings had to be cancelled. It then progressed into a level 4 lockdown — a stricter approach dubbed the “eliminate” policy — 48 hours later. Under this policy, people were urged to only maintain contact with those they lived with. Even earlier, on March 19, New Zealand closed its borders, banning all inbound travel to the country with the exception of returning New Zealanders and some essential health workers. ... Testing capacity As well as being quick to enact lockdown measures, New Zealand has worked hard to ramp up testing. The country now has the capacity to process up to 8,000 tests per day, Ardern said last week, meaning New Zealand had one of highest testing rates per capita in the world. Without any mitigation measures, Covid-19's R0 rating would be around 2.5, according to Ardern. Under lockdown, the R0 of the virus had dropped to 0.4 — meaning each infected person would only transmit the virus to less than half a person. An R naught, or R0, rating of 1 means the average person infected with the virus will spread it to one other person. If a disease is given an R0 above 1, it means an outbreak is expected to continue. .... Ardern herself, alongside government ministers and public service chief executives, has taken a 20% pay cut amid the crisis.