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johnpetersen

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Posts posted by johnpetersen

  1. 49 minutes ago, steelepulse said:

    According to 23 studies of at least 500 people, the ifr rate is .04%  

     

    https://www.medrxiv.org/content/10.1101/2020.05.13.20101253v2

     

    Among people <70 years old, infection fatality rates ranged from 0.00% to 0.26% with median of 0.05% (corrected, 0.00-0.23% with median of 0.04%).

     

     

    And this review from Nature cites a lot of research saying it's higher.

    https://www.nature.com/articles/d41586-020-01738-2

    So not nearly so cut-and-dried as you believe.

  2. 6 minutes ago, pmarlin said:

    That's not always the case. Just saw the Governor of Texas  in a interview and he said that was not true as other states said it wasn't.

    Really? 

    Gov. Abbott warns of ‘greater fatalities’ from COVID-19 in Texas' coming weeks

    Gov. Greg Abbott is warning of even “greater fatalities” from COVID-19 as the number of people in hospitals with lab-confirmed cases hit a record 8,698 on Monday.

    During a television interview in Dallas, Abbott agreed that at one point even as new coronavirus infections were rising, the state’s deaths were decreasing — which could have been seen as good news. But he said heading into the Fourth of July weekend, Texas had its deadliest four-day stretch since the pandemic started, and he warned of things to come.

    https://www.houstonchronicle.com/politics/texas/article/Gov-Abbott-warns-of-greater-fatalities-15390029.php

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  3. 3 minutes ago, pmarlin said:

    Currently right now the US has 3,029,647 infections and 131,960 deaths from the virus which is 0.0453% death rate. a 99.95% survival rate

    And that answers the question about hospitalization how?

    Also, death is a lagging indicator. Anywhere from 3 weeks to 6 weeks. And deaths are now beginning to increase. Give how much infections have spiked, the deaths will spike too.

  4. 13 minutes ago, pmarlin said:

    Based on the current estimated US population the infection rate is 0.0081% so why is the media acting like the world's ending. Hell the rate would be a lot lower except for the fact the US has tested over 40 million people. How many people has Thailand tested?

    Do you understand that hospitals are being overwhelmed and what the means not just for covid patients but for others who need their services?

    • Like 1
  5. 44 minutes ago, BigC said:

    Let's hope it's BLM protesters  that have it 

    Tulsa health official: Trump rally ‘likely’ source of virus surge

     President Donald Trump’s campaign rally in Tulsa in late June that drew thousands of participants and large protests “likely contributed” to a dramatic surge in new coronavirus cases, Tulsa City-County Health Department Director Dr. Bruce Dart said Wednesday.

    Tulsa County reported 261 confirmed new cases on Monday, a one-day record high, and another 206 cases on Tuesday. By comparison, during the week before the June 20 Trump rally, there were 76 cases on Monday and 96 on Tuesday.

    https://www.politico.com/news/2020/07/08/tulsa-trump-rally-coronavirus-353708

     

    So disappointing.

    • Haha 1
  6. 1 minute ago, Mikeasq60 said:

    Its time to send people out to video all these overwhelmed hospitals again that turned out to be a hoax. Dont go by the main stream media. Thailand dont be sheeple find out for yourselves whats really going on!

    Again?

    And this is why Republican Governor and strong supporter of President Trump refuses to release the daily hospitalization figures? Because it would be good news?

    Florida's governor promised to release the state's daily COVID-19 hospitalization rate. That still hasn't happened.

    https://www.businessinsider.com/florida-still-not-releasing-daily-covid-19-hospitalization-rate-2020-7

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  7. 19 minutes ago, Logosone said:

    It's the only way to survive. The Japanese and Chinese will copy cheap technology that is easily replicated.

     

    You have to produce premium products that the competition can not really replicate easily.

     

    That is why Leica, alone among the many, many German camera manufacturers, was able to survive. Because they focus on ultra-quality which the Japanese can not produce to the same level. So yes, Leica costs a lot more, but they are able to be profitable six years in a row with that strategy.

     

    Same with Miele. All made in Germany. They cost a lot more yes, but you get a vastly better product for the money.

     

     

    So most German camera manufacturers failed. What does that say? And Japanese top of the line cameras are hardly cheap technology. In fact, as far as the digital aspect is concerned still way outcompeting Leica.

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  8. 8 minutes ago, Logosone said:

    No, what I said about Leica was absolutely correct. They have adjusted incredibly well to the new markets and produced top quality products for the new emerging markets, including mobile phone components. Leica is doing incredibly well right now. 

     

    Leica is not an also ran, Leica is the gold standard in photography, the quality which camera makers like Canon and Nikon aspire to. Leica products are of significantly higher quality than most cameras out of Japan or anywhere else today. To say what you're saying is utterly foolish, it's like arguing that Porsche is not a good car because there were more Toyotas sold. It's silly. Of course Leica cameras will be sold less than a Canon, they cost four times as much. If you're lucky.

     

    In terms of Tesla, obviously I meant full year profit. Tesla has not had a full year profit so far. They have had profitable quarters before but ultimately made a loss throughout the year. Tesla is not a profitable company, they have a mountain of debt and their cars have some very bad reviews. I'm not sure Tesla will survive long term.

     

    Read up on the reviews of the Porsche Taycan. It is vastly better than anything made by Tesla. Volkswagen just built an entire factory for electric cars. The German auto-industry will destroy Tesla. It's not even a fair fight. Here some of the largest companies in the world, there an upstart that hasn't even had a profitable year yet and saddled with a mountain of debt.

     

    You're not up-to-date with Miele, they have pioneered amazing new ovens. Of course steam existed before, but the kind of steam ovens Miele makes have never existed before. They cooked a fish on a bed of ice. The ice did not melt. But the fish was cooked. How was that magic possible? The food is cooked from within. The technology is so advanced other manufacturers can only dream of producing quality like Miele. It's unheard of quality no other manufacturer can match today.

     

    In robotics Germany's KUKA is among the top ten companies in the world. The US only has one in the top ten. Yes most are Japanese. But Germany does well in robotics for manufacturing. German machinery is a major export pillar of the economy. 

    All those japanese companies started out small and have vastly outgrown leica. And you persist in maintaining that Leica was not slow to adopt digital technology. Do you think the Wall Street Journal was just making that up? That Leica didn't fire its CEO for pushing it to go into digital? 

    As for Tesla, I can see that you refuse to read that article by the German engineer. So what can I say. Teslas are built form the ground up to be EVs. Other car manufacturers are just adapting what they had before. And maybe you know better than all the stock pickers but Tesla's shares are way way up. For instance software can update virtually all systems. No other EV offers that. People who look closely at the automobile industry are very impressed. And they say driving a Tesla is like driving no other car. I noted in that JD Powers article they said that Germans were very loyal to their brands. Despite their shortcomings. So when I read about your comparing a Lexus to a Mercedes I saw what they meant. Love is blind.

    But you're right about Miele. It is very advanced. 

  9. 3 minutes ago, Logosone said:

    Granted Vaporfly has been a nugget, but you can hardly buy it anywhere.

     

    At the head of your article about Leica it says "Updated Sept. 16, 2008". I think you'll find that since 2014 Leica has been doing spectacularly well:

     

    "...in June last year, it announced that sales had increased for the fifth consecutive year. "

    https://fstoppers.com/business/why-leica-shedding-staff-when-its-profits-are-increasing-382229

     

    On electric vehicles, again with the Porsche Taycan German automakers have set the standard. No electric car comes close to the Porsche Taycan. BMW also has some good offerings. Audi's E-Tron and Daimler's Mercedes EQC are all better than anything from Tesla. Indeed VW has just built an entire factory for electric vehicles. Yes, Germany was slow to enter the electric vehicle arena, but they will outperform Tesla in every way. As they are already doing.

     

    Tesla of course piggy-backed of German manufacturing expertise, in 2016 they bought the German Grohman Engineering GmbH. Tesla to this day has never turned a profit and carries a mountain of debt. I'm not even sure Tesla will survive. It's cars have terrible reviews as well.

     

    Thanks for that very interesting Politica article on AI. I quote:

     

    "When it comes to how to economically use company data, process data and product data from complex supply chains ... which is proportionally a much bigger market, the competition is only just starting," the mid-July draft states.

    Wolfgang Wahlster, the director and CEO of the German Research Center for Artificial Intelligence (DFKI), said he believes Germany is already "ahead by two to three years to our global competitors in that field."

     

    So in some areas Germany is ahead of the competition but in other there is room for increased investment. Good to see Berlin addressing this issue at least Merkel is doing something right. But yes, we are behind China, Japan and the US in AI.

     

    In Industrial Robotics however German is a world leader and with KUKA has a company in the top ten of the World's top industrial robot manufacturers. Also only one US company in the top ten. Most are Japanese.

     

    https://www.marketresearchreports.com/blog/2019/05/08/world’s-top-10-industrial-robot-manufacturers

     

    As for dishwashers and ovens what Miele is doing in that area is simply astounding. They have developed a way of cooking food from with in. So they demonstrated how to cook fish on a bed of ice in an oven, without the ice melting, but the fish was cooked. Simply scientific witchcraft. It was truly astounding. Miele are so far ahead of the competition in ovens, hobs, dishwashers, washing machines and dryers that it's almost embarassing.

     

     

    Here's what you wrote about Leica:

    "Leica understood that digital was a game changer. And most importantly they understood that DSLRs were on the way out. They have also started to co-operate with mobile phone manufacturers. Their understanding of the market is excellent."

    And that was utterly false. It nearly went under before it adjusted. And where does it stand in relation to Japanese camera makers today? It's a blip compared to them. In the world competition, Leica is an also ran.

     

    As for Tesla not turning a profit...wishful thinking is not substitute for reality.

    Tesla turns a profit and says it may hit 2020 delivery goals despite pandemic

    "Tesla turned a surprise profit in the first quarter of 2020 of $16 million, despite factory shutdowns in China and the US, the company announced on Wednesday. It said it may still hit its goal of delivering 500,000 vehicles worldwide this year even in the face of the pandemic. It’s the first time in Tesla’s history that the company has turned in three consecutive profitable quarters."

    https://www.theverge.com/2020/4/29/21241728/tesla-q1-earnings-financial-results-elon-musk-coronavirus-profit

    And you would do well to read that article by the German engineer about why German EV's don't offer serious competition to Tesla. Basically, Tesla was imagined from the ground up to be an EV. German car manufacturers have just adapted their autos to be EV's. Your notion that Porsche sets the standard displays exactly the same kind of outmoded thinking that has kept German EV so far behind. It's not about acceleration or speed. It's about integration.

    And nice cherry picking in that Politico article. You found the one little encouraging bit. But of course, that's the opinion of an interested party. Doesn't seem like the world is much interested. At least to go by investments which are minsicule.And you misrepresented that article by claiming in some areas Germany's ahead, in others behind in AI Really?Nothing in that article supports the use of a plural.

    And in Robotics, as you noted, the Japanese are by far the world's leaders.

    And by the way, many of the developments you claim Miele pioneered are actually commonplace in high tech ovens for restaurant and industrial use. Miele simply adapted them for home use.

  10. 10 minutes ago, nauseus said:

    Like a piece of flotsam....adrift at the will of ocean currents....unable to self-navigate back to topic.

    Here's the relevant portion of Krugman's comment:

    Paul Krugman argues that Navarro is right and wrong at the same time. Germany in effect has an undervalued currency relative to what it would have without the euro, against its neighbors. This is the result of a large real depreciation during the euro’s good years, which has only been partly reversed, because wages are downward sticky, and Germany has refused to support the kind of monetary and fiscal stimulus that would raise overall euro area inflation, which remains stuck at far too low a level.

  11. 30 minutes ago, Logosone said:

    They can invest all they want, without the knowledge advantage that German car companies have amassed over decades they will never produce anything to rival a Porsche.

     

    Even to this day when Lexus has copied the Mercedes to death, and indeed succeeded in making Lexus quieter than a Mercedes, even now, you step into a Lexus and you feel right away this is not the same quality as a Mercedes or Porsche. It's close, but it's just not quite that good.

    And German manufacturers will never make cars as low in defects as the Japanese.

    Overall Dependability Rises in Germany but Buyers of German Brands Less Satisfied, J.D. Power Finds

    “Vehicle buyers in Germany appear to be particularly loyal to German premium marques, but this will not last if the product experience does not hold up to the initial delight at the time of purchase,” said Josh Halliburton, Head of European Operations at J.D. Power. “Volvo—the leading premium marque—and most major volume brands rank well above the German brands. Audi, BMW and Mercedes-Benz need to improve the reliability and robustness of the premium features and materials before customers look elsewhere.”

    https://www.jdpower.com/business/press-releases/2019-germany-vehicle-dependability-study

     

  12. 17 minutes ago, Logosone said:

    Nike copied Japanese copyists of Adidas but yes they've done well. Still, even the Americans admit:

     

    "Nike is not used to playing catchup, but Adidas is beating it in technology, innovation and style."

     

    https://money.cnn.com/2018/04/16/news/companies/adidas-nike-sportswear/index.html#:~:text=Adidas is still much smaller,which is making Nike sweat.&text=But Nike still courts some of the biggest names in sports.

     

    Leica understood that digital was a game changer. And most importantly they understood that DSLRs were on the way out. They have also started to co-operate with mobile phone manufacturers. Their understanding of the market is excellent.

     

    As for claiming Tesla is ahead of the German auto industry that's just laughable. Porsche has just come out with the Taycan that trumps every Tesla car ever made.

     

    Germany had computer manufacturers like Siemens and Medion, however, they were bought by Fujitsu and Lenovo respectively. SAP is the Microsoft of business software. Germany invented the MP3. Indeed the computer, with Konrad Zuse.

     

    But the best of the best would have to be Miele. Their washing machines, ovens and driers are light years ahead of the competition. 

     

    German made products are a blessing for humanity. 

    Yes. Now Adidas is playing catchup.

    As for Leica, you've got to be kidding.

    Late to Digital, Leica Slow to Refocus

    German Camera Pioneer Fired American CEO Who Pressed for Filmless Future
    OLMS, Germany -- Leica Camera AG's employment dispute with fired Chief Executive Steven Lee brings to light the venerable German company's troubles moving into the digital age.
    The quirky company, which helped create modern photography in the early 20th century, stuck too long with film technology and now faces mounting losses and sinking sales.

    https://www.wsj.com/articles/SB122152103387739231

    And in size, Leica is now a blip compared to its Japanese competitors.

     

    As for Porsche and other German manufacturers of EV's You don't get it. Tesla built EV's from the ground up. They are an integrated system. Not so German EVs. Here's a report from a German EV engineer:

    German Automaker Paradigms

    “German engineering” has had a top-notch reputation for good reason for a long time, and it’s a reputation well deserved. The question I have is, how is it possible that this experienced industry that has dominated important segments of the auto market for such a long time, with all its resources, could fail so miserably in developing competitive fully electric vehicles (BEVs)?

    In various articles, I tried to explain my version of the truth by discussing technology, economics, disruption, culture, people, innovation, and change, but today I want to give you the opportunity to listen to what some of the senior German automotive executives and managers told me face to face about BEVs.

    https://cleantechnica.com/2020/06/06/german-automaker-paradigms/

    ANd there's this

    Germany’s falling behind on tech, and Merkel knows it

    Party politics and cultural inertia bedevil efforts to shift into high gear on artificial intelligence.

    One of the first things Angela Merkel told a group of experts in artificial intelligence during a closed-door meeting in late May was that they should be frank with her.

    “I’m used to bad news,” Merkel said, according to a participant's recollection.

    https://www.politico.eu/article/germany-falling-behind-china-on-tech-innovation-artificial-intelligence-angela-merkel-knows-it/

     

    But hey, Germany is winning the dishwasher, oven, and drier competition. And that's where the future of cutting-edge technology lies.

     

     

     

     

    Gre

  13. 23 minutes ago, Logosone said:

    I won in a rollover week, so yes.

     

    So you are not familiar with Adidas the inventors of the sports shoe? Much copied by Japanese and American companies? The favourite brand among milennials? That's odd. That's how Nike started, by copying the Japanese that copied Adidas.

     

    Leica is in a class of its own when it comes to cameras. Of course they are among  the best in the world. Just listen to the Chicago Tribune:

     

    "Leica brand cameras are among the highest-quality models you'll find, especially delivering outstanding craftsmanship in the lenses, creating sharp images.

     

    Leica uses only the highest-quality materials in its camera bodies and lenses. You'll pay a premium for these types of materials."

     

    https://www.chicagotribune.com/consumer-reviews/sns-bestreviews-electronics-the-best-leica-camera-20200424-aek4h6uvjzgk3ew7nr3yxxrwqe-story.html

     

    There are literally thousands of German high tech companies, Germany invented the MP3 btw. Also WireCard is all over the news now...(????).

    I enjoyed your recitation of ancient history. Adidas was long ago eclipsed by Nike which reinvented running shoe., Leica was very slow to adapt to digital photography. Tesla is far, far ahead of the German auto industry when it comes to EV's. German performance in AI is pitiful. And where are the German versions of Apple, Microsoft, Amazon, Ebay, Cisco, Intel etc...

    • Like 1
  14. 1 hour ago, tomacht8 said:

    You simply make claims without verifying the facts or substantiating those claims.

     

    The following exchange rate relations existed at the time the euro cash was introduced:

     

    31.December 2001
    1 EUR = 1.95583 DEM

     

    31. December 2001
    1 US Dollar = 2.18449 DEM

     

    2,18449 / 1, 95583
    1 Euro = 1.11 Dollar

     

    2002 mean dollar exchange rate:

    1 Euro = 1.0610 Dollar

     

    Today: 1 Euro = 1.13 Dollar

     

    Where is your essentially devaluation?

     

    It is annoying when populist slogans are posted here, which are simply incorrect.

     

    This is utterly irrelevant to the question of whether or not the economies of the less prosperous nations of the Eurozone depress the value of the Euro and give Germany an advantage in export markets. And of course the answer is that it must do so. The same way that if a large portion of a nation is troubled economically it will depress that value of that nation's currency. And it should be pointed out that not only does the Euro give Germany an advantage in exports. It also means that other Eurozone nations will have a harder time competing in internal markets as well. If those nations had their own currencies, the values would drop and make them more competitive.

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