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Thread: Coronavirus Death Thread

  1. #5351
    Custom User Title phonics's Avatar
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    Quote Originally Posted by Jimmy Floyd View Post
    Socialism is basically an attempt to defy nature, at its basic core. In the wild world, there isn't a God to save you. In the civilised world, there is, because we've invented one called the state, but it's fragile as fuck.

    Darwinism is basically a description of a market economy. Fortunately, we're fitter than most.
    If 'the market' was Darwinism half the companies out there wouldn't exist. Uber is the definition of 'the free market' and it doesn't work for anyone but stockholders.

    Socialism also cannot exist because someone will always have more than someone else.

  2. #5352
    Just Luca, but still a DJ Luca's Avatar
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    I'm not sure what kind of analysis you're doing, but Uber absolutely does not work for its shareholders. In fact, the only people it probably works for are its riders, who are benefiting from subsidized rides as a result of Softbank's deep and dumb pockets and the IPO investors who bought in at a valuation that they're never going to see again. Even at its pre-crash high, it was still trading at a 10% discount to its IPO price.

    The shareholders have invested in a business without a sniff at profitability (something something underlying ride-sharing unit economics are profitable, which I don't buy).
    Last edited by Luca; 03-04-2020 at 02:46 AM.

  3. #5353
    Senior Member Queenslander's Avatar
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    The upper middle class whinging coming out of the Hilton this week has been great.

    It is shame they arent forced stay an extra week just for the lols.
    https://www.instagram.com/p/B-gB3fVj...d=9xm4a6qlyzfu

  4. #5354
    Custom User Title phonics's Avatar
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    Quote Originally Posted by Luca View Post
    I'm not sure what kind of analysis you're doing, but Uber absolutely does not work for its shareholders. In fact, the only people it probably works for are its riders, who are benefiting from subsidized rides as a result of Softbank's deep and dumb pockets and the IPO investors who bought in at a valuation that they're never going to see again. Even at its pre-crash high, it was still trading at a 10% discount to its IPO price.

    The shareholders have invested in a business without a sniff at profitability (something something underlying ride-sharing unit economics are profitable, which I don't buy).
    lol at thinking profitability has anything to do with people investing in Uber.

  5. #5355
    Just Luca, but still a DJ Luca's Avatar
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    Wait, what? Do you know what a shareholder actually is? Why do they invest, then?

  6. #5356
    Senior Member Queenslander's Avatar
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    The Didi blokes always tell me that Didi exist purely for our data, Same with Ola.

  7. #5357
    Senior Member Lofty's Avatar
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    Brother in Law has been furloughed, he is in the process of buying a flat. I think this would affect it but he thinks not.

  8. #5358
    Just Luca, but still a DJ Luca's Avatar
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    Sure, but because the data can presumably be monetized in some way in order to return profit to the shareholders. It’s not like Softbank, Vanguard, or Blackrock are going around peering at the data.

    Actually, phonics is partially right: some investors aren’t holding Uber because they think it’ll make them a profit. They’re (Vanguard, for instance) holding Uber because they are a large manager of passive index funds/ETFs and holding things, irrespective of their thesis on a company’s profitability potential, is what they do. Maybe that’s what he meant.

    Edit: @Queenslander
    Last edited by Luca; 03-04-2020 at 07:19 AM.

  9. #5359
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    Quote Originally Posted by Lofty View Post
    Brother in Law has been furloughed, he is in the process of buying a flat. I think this would affect it but he thinks not.
    He should tell the lender if he doesn’t want to commit mortgage fraud. Other side of it though is he probably isn’t going to be completing before he’s back to work as house sales aren’t completing at the minute.

  10. #5360
    Senior Member Queenslander's Avatar
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    Quote Originally Posted by Luca View Post
    Sure, but because the data can presumably be monetized in some way in order to return profit to the shareholders. It’s not like Softbank, Vanguard, or Blackrock are going around peering at the data.

    Actually, phonics is partially right: some investors aren’t holding Uber because they think it’ll make them a profit. They’re (Vanguard, for instance) holding Uber because they are a large manager of passive index funds/ETFs and holding things, irrespective of their thesis on a company’s profitability potential, is what they do. Maybe that’s what he meant.

    Edit: @Queenslander
    I know almost nothing about it I just assume Didi is up to no good when they are under cutting Uber as much as they are.

  11. #5361
    Just Luca, but still a DJ Luca's Avatar
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    Having no idea about Didi’s underlying unit economics, I’m going to hazard a guess that it comes down to “something something CCP has deep pockets something something predatory pricing.”

    Which, to be fair, was Uber’s original model against everyone else initially. Their Silicon Valley bucks just got dwarfed by CCP bucks in China. Or Xi told them to do one. Probably a bit of both.

  12. #5362
    Senior Member Queenslander's Avatar
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    Quote Originally Posted by Luca View Post
    Having no idea about Didi’s underlying unit economics, I’m going to hazard a guess that it comes down to “something something CCP has deep pockets something something predatory pricing.”

    Which, to be fair, was Uber’s original model against everyone else initially. Their Silicon Valley bucks just got dwarfed by CCP bucks in China. Or Xi told them to do one. Probably a bit of both.
    It has settled down a bit now but for a while $5 could get me anywhere and they pay their drivers far better as well.

    Thanks for the information.

  13. #5363
    Just Luca, but still a DJ Luca's Avatar
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    The early days of Uber were quite similar, actually. I was living in Boston in the summer of 2014, shortly after UberX launched; and they were giving away free money on (already discounted) rides like they were going out of fashion. So was Lyft. And so was Sidecar (RIP).

    We’re talking like multiple $25-30 in free money promotions. Each was trying to use their respective Silicon Valley kitty to suffocate the others. You just knew you weren’t paying anywhere near the intrinsic value of the ride.

  14. #5364
    Senior Member Queenslander's Avatar
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    Yep that was Ola then Didi took it to a whole other level. They more vocal ones would plead with me not to use Uber because they were robbing them in comparison.

    How many ride share where you are currently?

  15. #5365
    More successful than most Magic's Avatar
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    Boring.

    Back to deaths, please.

  16. #5366
    Senior Member Queenslander's Avatar
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  17. #5367
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    I went for a drive into the city last night, around 10pm. Never seen it so deserted. A city of 9m-11m looked like scene out of a movie. It was kinda cathartic driving around so unimpinged by other drivers.

    My missus went to the post office earlier and saw 2 blokes being fined 200k for not wearing masks.
    If I see pasta or rice again, I swear and doing the honourable thing and knifing myself.

  18. #5368
    Senior Member Queenslander's Avatar
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    Quote Originally Posted by John Arne View Post
    I went for a drive into the city last night, around 10pm. Never seen it so deserted. A city of 9m-11m looked like scene out of a movie. It was kinda cathartic driving around so unimpinged by other drivers.

    My missus went to the post office earlier and saw 2 blokes being fined 200k for not wearing masks.
    If I see pasta or rice again, I swear and doing the honourable thing and knifing myself.
    Yeah staples can fuck right off.

  19. #5369
    Senior Member Queenslander's Avatar
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    1100 died in America today.

    https://aje.io/pt34j

  20. #5370
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  21. #5371
    Senior Member Spikey M's Avatar
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    Is that a CAPTCHA?

  22. #5372
    Senior Member Waffdon's Avatar
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    The hounding of Premier League footballers is a tad embarrassing.

  23. #5373
    Webly Ian's Avatar
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    Quote Originally Posted by Queenslander View Post
    1100 died in America today.

    https://aje.io/pt34j
    Traitors.

    The Donald will be loading them into a catapult to fire over the wall at Mexico, Genghis Khan style.

  24. #5374
    I used to be funny.
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    Quote Originally Posted by Queenslander View Post
    The upper middle class whinging coming out of the Hilton this week has been great.

    It is shame they arent forced stay an extra week just for the lols.
    https://www.instagram.com/p/B-gB3fVj...d=9xm4a6qlyzfu
    Yeah, I saw some of that on the BBC website. It's an inconvenience, not a prison sentence.

  25. #5375
    Senior Member Jimmy Floyd's Avatar
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    It isn't really (re footballers), or at least they are in no position to be crying about it. If you are on any kind of gravy train you need to be able to recognise when it has pulled into the depot for a while.

    It's really the PFA's fault rather than individual players.

    Any sentence that begins 'What about...' is not a valid one.

  26. #5376
    Senior Member Spikey M's Avatar
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    What about this one?

  27. #5377
    Senior Member Jimmy Floyd's Avatar
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    Can't even see what you've written.

  28. #5378
    Senior Member Queenslander's Avatar
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    Quote Originally Posted by Ian View Post
    Traitors.

    The Donald will be loading them into a catapult to fire over the wall at Mexico, Genghis Khan style.
    Bernie voters!

  29. #5379
    Senior Member Queenslander's Avatar
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    Quote Originally Posted by Shindig View Post
    Yeah, I saw some of that on the BBC website. It's an inconvenience, not a prison sentence.
    That is awesome it made the BBC the fucking mongs.

  30. #5380
    Senior Member Queenslander's Avatar
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    The International students especially from India are so incredibily fucked at the moment. Share houses are relying on a $50 grocery bag of staples that the local Indian community donate each week to get by.

    I wont but Id love to shame some people into donating some of their $750 to the cause.

    So sad that our socialism is for us pure whites only.

    https://www.brisbanetimes.com.au/nat...31-p54fni.html
    Last edited by Queenslander; 03-04-2020 at 09:26 AM.

  31. #5381
    Won the Old Board Lewis's Avatar
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    This has all shown the practical limits of socialism. People care enough about their immediate family and friends to share resources, but not enough about the rest of 'society' not to stockpile them in the first place.

  32. #5382
    Senior Member Queenslander's Avatar
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    We dont give shit about our brown underclass at the best of times but you are absolutely right and when people do extend their resources they post about it on social media.

  33. #5383
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    Building Nightingale at the Excel in 9 days really is quite the effort.

  34. #5384
    Senior Member Waffdon's Avatar
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    Quote Originally Posted by Jimmy Floyd View Post
    It isn't really (re footballers), or at least they are in no position to be crying about it. If you are on any kind of gravy train you need to be able to recognise when it has pulled into the depot for a while.

    It's really the PFA's fault rather than individual players.

    Any sentence that begins 'What about...' is not a valid one.
    Football players pay more tax than most, Jonathon Walters (I know) put a decent argument forward regarding this. Just seems embarrassing to hound football players when you have the billionaires running these organisations refusing to dip into their own pockets. Would someone on £80,000 a year take a 50% wage cut? No. The players will end up doing something of that ilk through media pressure alone.

    Marcus Rashford has set up something to feed hundreds of thousands of children in Manchester but fuck all gets said about that.

  35. #5385
    Senior Member niko_cee's Avatar
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    I agree it's easy and a bit pointless trying to hound the well-paid footballers, but, at the same time, the top top Premier League players could basically band together and bankroll all other levels of the professional game and barely notice it, I would imagine. They'd be feted forever more. Just need someone to front it up. What's Juan Mata up to?

  36. #5386
    Senior Member Queenslander's Avatar
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    NBA players and former NBA players will eventually own all of the NBL teams in Australia because the NBL is now broke which is quite exciting. The Ball kid reckons he bought Illawarra just this week.




    NBA prospect LaMelo Ball will reportedly buy into Illawarra Hawks NBL team
    https://www.abc.net.au/news/2020-04-...s-nbl/12118180
    Last edited by Queenslander; 03-04-2020 at 10:42 AM.

  37. #5387
    Senior Member Waffdon's Avatar
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    The PL owners are worth a combined 80 billion quid. But let’s tell the players they should pay their colleagues wages instead of the persons in charge!!

  38. #5388
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    Hold on, I just have missed this. Have Tottenham and Newcastle really furloughed their non-playing staff, whilst keep players on 100% salaries? Jesus Christ.
    I'm not near a computer, but I reckon 20% players salaries would cover that.

  39. #5389
    The Artist Formerly Known as Taz
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    Top-level football would definitely be one of the more enjoyable casualties of watching the leisure industry crumble as a result of this. Tourism obviously number one.

  40. #5390
    Senior Member randomlegend's Avatar
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    Literally 99% of human endeavour is "against nature" so idk what point Jimmy is trying to make there.

    I take it you'll be choosing the natural option of dying from the next bacterial infection you get.
    Last edited by randomlegend; 03-04-2020 at 10:52 AM.

  41. #5391
    Webly Ian's Avatar
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    Quote Originally Posted by John Arne View Post
    Hold on, I just have missed this. Have Tottenham and Newcastle really furloughed their non-playing staff, whilst keep players on 100% salaries? Jesus Christ.
    I'm not near a computer, but I reckon 20% players salaries would cover that.
    At least some of the owners could cover it without breaking a sweat.

    I see Waff's point and I don't disagree that there are others who could be getting more flak.

    BUT, still, if you're on £250k a week there's really no reason you couldn't lose a good chunk of that to help people out.

  42. #5392
    Administrator SvN's Avatar
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    There's no problem furloughing staff, but paying them the extra 20% would be pennies to the clubs. It's the owners that should be getting the criticism, not the players.

    Having said that, the PFA have come out of this looking like real cunts.

  43. #5393
    Webly Ian's Avatar
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    Gordon Taylor is an arse.

  44. #5394
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    Everyone who is well off at the moment should be doing their bit to help at this time, and footballers are definitely part of that.

    Clubs that are furloughing organisational staff and not paying the difference, while continuing to pay the players in full should be ashamed of themselves.

  45. #5395
    Senior Member Waffdon's Avatar
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    I think the players will end up doing something and would come across as a little bit twattish if the non playing staff were being hung out to dry and they did nothing. Having said that, it’s not their job and they certainly shouldn’t come under any backlash because the guy paying the wages worth a billion quid wants to save himself some money and get the tax payers to pay. The same owners who more than likely pay fuck all tax back into the economy whereas an average amount a PL player pay a year in tax is £1.5m.

    The same can be said for a lot of the higher ups in multiple companies. But then that’s why they’re rich to begin with

  46. #5396
    Senior Member Jimmy Floyd's Avatar
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    Quote Originally Posted by randomlegend View Post
    Literally 99% of human endeavour is "against nature" so idk what point Jimmy is trying to make there.

    I take it you'll be choosing the natural option of dying from the next bacterial infection you get.
    Exactly. I could beat 999 bacterial infections, but the 1,000th one will get me. 1-0 nature.

  47. #5397
    Senior Member randomlegend's Avatar
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    If dying at 90 rather than 40 doesn't get you even 1 point vs nature then I'm not sure why you're bothering with anything at all.

  48. #5398
    More successful than most Magic's Avatar
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    Is it worth ordering clothes and other shit? Next have just emailed me to say they have cancelled all outstanding deliveries and won't be accepting online orders.

  49. #5399
    Senior Member -james-'s Avatar
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    Quote Originally Posted by Magic View Post
    Is it worth ordering clothes and other shit? Next have just emailed me to say they have cancelled all outstanding deliveries and won't be accepting online orders.
    Why would you need more clothes? I've been rotating the same three jumpers for the past two weeks. Same with underpants too aha.

  50. #5400
    Won the Old Board Lewis's Avatar
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    *decades

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