Originally posted by Ken
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Corona Virus
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If I whisper my wicked marching orders into the ether with no regard to where or how they may bear fruit, I am blameless should a broken spirit carry those orders out upon the innocent, for it was not my hand that took the action merely my lips which let slip their darkest wish. ~Daniel Devereaux 2011
Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity.
Martin Luther King, Jr.
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Originally posted by revo View PostTout Wars in NYC this weekend cancelled“Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.”
― Albert Einstein
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Originally posted by madducks View PostThis is getting serious now. How long before MLB games get canceled? They are already talking about moving the Mariners home games to Arizona.
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Government offices are always behind the private sector at adapting, but my boss just announced that we may "pilot" a work-from-home day for our Operations team tomorrow. I hope it sticks, as I'm not thrilled about continuing to commute daily via commuter bus and subway.
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Originally posted by revo View PostThe NYC Auto Show, always the harbinger of spring, is being postponed until August.
It's just a matter of time before MLB starts postponing games.
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Originally posted by Sour Masher View PostThey may. But with the tv money and the seemingly smaller risk of playing a non-contact outdoor sport, especially if there are no fan interactions--it seems to make sense to play them in empty stadiums, unless they think they can make them all up later. But this thing is going to be around awhile. The postponements will pile up and I think you'd eventually face the decision of cancel vs play them with no fans in the stands anyway.---------------------------------------------
Champagne for breakfast and a Sherman in my hand !
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The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.
George Orwell, 1984
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Gotta start using bullet points:
- GS Warriors will play in an empty arena
- SF has joined Seattle and banned gatherings of more than 250 people
- the XFL game in SF will also be played in an empty stadium
- the NCAA "First Four" games will also be played in an empty arena
- Houston shut down the annual "Houston Rodeo" festival midway through the event, that attracted 2.5m attendees last year
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This virus epidemic will lead to a severe, hopefully short, recession both here in the US and globally (at least in the EU).
Look at Italy - the whole country is shut down. No one is working, no one is travelling there, no one is getting paid. How long will that last? How will the Italian government be able to support itself, as well as paying its global debt obligations? Britain is no longer in the EU. Germany has its own problems. Who will help out Italy? No one.
In the US, it's just starting. Large gatherings are being cancelled. Lots of tourist dollars lost. Business that have an international presence will be getting killed on overseas sales, as well as imports. Then they won't be able to pay their staff and will start layoffs. And why not, headcount is up anyway. Other companies will absorb large amounts of sick time and see production plummet.
Once it starts to impact here in the US, who will be going to restaurants, stores, malls, bars, amusement parks, gyms, wherever? Who would want to travel now, both here and abroad? The travel industry -- airlines, cruises, hotels, and all of its periphery industries -- will get killed. It's not so much the fear of getting sick, but the fear of getting stuck.
How many mom&pop shops will get destroyed because of a lack of tourism?
Even with the sports cancellations, think of all those affected -- the staff, paid by the game; the concession hawkers, etc. No need to advertise at the arena if there ain't no one showing up. All that revenue lost. Great, the teams still get TV revenue, but how does the guy selling beers make money? Unemployment will shoot up because of the "gig" economy getting punched in the gut.
Hopefully things get back to normal in a few weeks or a couple of months, but who knows?
I hope it doesn't play out like this, but what's to stop it?
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Originally posted by revo View PostThis virus epidemic will lead to a severe, hopefully short, recession both here in the US and globally (at least in the EU).
Look at Italy - the whole country is shut down. No one is working, no one is travelling there, no one is getting paid. How long will that last? How will the Italian government be able to support itself, as well as paying its global debt obligations? Britain is no longer in the EU. Germany has its own problems. Who will help out Italy? No one.
In the US, it's just starting. Large gatherings are being cancelled. Lots of tourist dollars lost. Business that have an international presence will be getting killed on overseas sales, as well as imports. Then they won't be able to pay their staff and will start layoffs. And why not, headcount is up anyway. Other companies will absorb large amounts of sick time and see production plummet.
Once it starts to impact here in the US, who will be going to restaurants, stores, malls, bars, amusement parks, wherever? Who would want to travel now, both here and abroad? The travel industry -- airlines, cruises, hotels, and all of its periphery industries -- will get killed. It's not so much the fear of getting sick, but the fear of getting stuck.
How many mom&pop shops will get destroyed because of a lack of tourism?
Even with the sports cancellations, think of all those affected -- the staff, paid by the game; the concession hawkers, etc. All that revenue lost. Great, the teams still get ad revenue, but how does the guy selling beers make money? Unemployment will shoot up because of the "gig" economy getting punched in the gut.
Hopefully things get back to normal in a few weeks or a couple of months, but who knows?
I hope it doesn't play out like this, but what's to stop it?
Last night my daughter's college in LA decided to go online. Today my daughter's hi school in Seattle did the same. The next couple months are going to be different. Hopefully we can get control of this.---------------------------------------------
Champagne for breakfast and a Sherman in my hand !
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The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.
George Orwell, 1984
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Sour Masher's fear came true -- all SUNY & CUNY schools to close for the remainder of the spring semester and operate remotely, as per Gov. Cuomo. Each school will handle their own dorm issues, but obviously, all the kids likely have to leave.
Think of all those businesses reliant on local college kids that just got crushed.
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