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Asian bird flu outbreak 'could trigger 1930s-style collapse'

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emad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-26-05 08:43 AM
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Asian bird flu outbreak 'could trigger 1930s-style collapse'
Asian bird flu outbreak 'could trigger 1930s-style collapse'
By Malcolm Moore (Filed: 26/08/2005)


An outbreak of Asian bird flu, which experts said yesterday is bound to hit the UK, could trigger an economic collapse similar to the Great Depression of the 1930s, two financial analysts warned yesterday.

In a lengthy research report titled An Investor's Guide to Avian Flu, Sherry Cooper and Donald Coxe warn that the food, tourism and insurance industries could be devastated in a relatively short time.

The two analysts, who work for BMO Nesbitt Burns, a Canadian bank, said: "The combination of collapsing demand from China and India and the likelihood of a collapse in demand for housing and cars in the OECD nations would mean prices of base metals and steel would plunge." They also said companies would be hit by panicking staff and that "rates of both absenteeism and death would be sharply higher than should be necessary".

Yesterday, the World Health Organisation said it was stepping up its fight against bird flu by securing enough doses of the Tamiflu anti-viral agent to treat 3m people.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2005/08/26/cnbird26.xml&menuId=242&sSheet=/portal/2005/08/26/ixportal.html
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shanti Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-26-05 08:45 AM
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1. is that the reason for this exhibit?
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emad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-26-05 08:47 AM
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3. Saw that this morning! A bit chilly in London for such a display...
!
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emad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-26-05 09:49 AM
Response to Reply #3
7. Birdbrained exhibitors:

Eight people have been chosen to spend the August Bank Holiday weekend almost naked and on display at London Zoo.
Visitors will see the humans, who will be treated like animals, kept amused with games, music and art.

But after each day in the open Bear Mountain enclosure the bunch - naked except for well-placed fig leaves - will be allowed home for the night.

The Human Zoo hopes to demonstrate the basic nature of man and examine the impact they have on the animal Kingdom.

http://news.bbc.co.uk/1/hi/england/london/4184466.stm

NO WONDER the wolves were howling their heads off this morning.....
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no_hypocrisy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-26-05 08:53 AM
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4. Planet of the Apes. Life imitating art. Prescient?
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gasperc Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-26-05 08:46 AM
Response to Original message
2. oil shock, housing bubble, Messopotamia
and the Bush administration is out in fucking foo-foo land
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Ripley Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-26-05 08:56 AM
Response to Reply #2
5. foo-foo land !
Edited on Fri Aug-26-05 08:56 AM by Ripley
How in the HELL did America get into this position where we have the Evil 3 stooges running everything into the dirt?
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progressivebydesign Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-26-05 09:44 AM
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6. Oh brother... Flu Pandemic, Peak Oil, Bird Flu, and other frights....
And, I heard the moon, which is actually made of cream cheese, will suddenly take off after the world's largets bagel, leaving us all in total darkness, and returning us to the chaos of the Dark Ages.
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