W.H.O. (are you), WHO WHO

[heydaralon]

Presumably, as many of them as are currently under house fucking arrest.

lol exactly

[Smitty-48]

Presumably, as many of them as are currently under house fucking arrest.

lol exactly

funnest war evah

second honeymoon

plus peak gran tursimo right now

take me to corona jail and throw away the key

life is what you make of it, i said

who would have thought biological warfare would be such a blast

futuristic dystopia ftw

[Montegriffo]

Suggesting that total economic collapse is going to result from a couple of months of closing down nonessential businesses unable to comply with social distancing recommendations might be considered an overreaction.

It is hard to define "total economic collapse," but we are looking at Great Depression levels of disruption. Shutting down "non-essential" business for two months absolutely can lead to that level of economic collapse.

It is hard to predict how quick the recovery will be, but we know we are at historic stock lows and unemployment highs already. If this goes on much longer, essential food shortages and service disruption become more and more likely.

This isn't just a two month staycation.

Stocks are more a reflection of confidence than true value and are likely to recover ground fairly quickly once restrictions are lifted and the majority of those unemployed are only going to be temporarily jobless. Since food production and distribution are protected industries I don't share your fears about shortages.
The economists I've heard recently are talking in terms of recession rather than depression.
I've seen several recessions in my lifetime and none of them resulted in the number of deaths predicted in the UK if the stay at home policies weren't put in place.
One might suggest that only businesses with underlying conditions will die if one wanted to be crassly ironic.

[Smitty-48]

better get right with the Lord, muh economy

joy is strength

you weren't making any headway in the old economy anyways, most of you

chaos is a ladder

[Hanarchy Montanarchy]

Suggesting that total economic collapse is going to result from a couple of months of closing down nonessential businesses unable to comply with social distancing recommendations might be considered an overreaction.

It is hard to define "total economic collapse," but we are looking at Great Depression levels of disruption. Shutting down "non-essential" business for two months absolutely can lead to that level of economic collapse.

It is hard to predict how quick the recovery will be, but we know we are at historic stock lows and unemployment highs already. If this goes on much longer, essential food shortages and service disruption become more and more likely.

This isn't just a two month staycation.

Stocks are more a reflection of confidence than true value and are likely to recover ground fairly quickly once restrictions are lifted and the majority of those unemployed are only going to be temporarily jobless. Since food production and distribution are protected industries I don't share your fears about shortages.
The economists I've heard recently are talking in terms of recession rather than depression.
I've seen several recessions in my lifetime and none of them resulted in the number of deaths predicted in the UK if the stay at home policies weren't put in place.
One might suggest that only businesses with underlying conditions will die if one wanted to be crassly ironic.

Only businesses with the underlying condition of needing to actually do business? There are not a lot of small businesses with two whole months of runway.

It doesn't matter which industries are "protected" or not when you hit depression levels, and we are already at depression levels... it just remains to be seen how long they last to officially make it a depression.

I certainly hope that consumer confidence returns quickly and this merely a recession, but being cavalier or sermonizing about the sins of Mammon is premature. Economists might think it will bounce back, but professional investors are less sure, and they are the ones you need to convince to start putting growth money back into developing businesses.

[heydaralon]

Suggesting that total economic collapse is going to result from a couple of months of closing down nonessential businesses unable to comply with social distancing recommendations might be considered an overreaction.

It is hard to define "total economic collapse," but we are looking at Great Depression levels of disruption. Shutting down "non-essential" business for two months absolutely can lead to that level of economic collapse.

It is hard to predict how quick the recovery will be, but we know we are at historic stock lows and unemployment highs already. If this goes on much longer, essential food shortages and service disruption become more and more likely.

This isn't just a two month staycation.

Stocks are more a reflection of confidence than true value and are likely to recover ground fairly quickly once restrictions are lifted and the majority of those unemployed are only going to be temporarily jobless. Since food production and distribution are protected industries I don't share your fears about shortages.
The economists I've heard recently are talking in terms of recession rather than depression.
I've seen several recessions in my lifetime and none of them resulted in the number of deaths predicted in the UK if the stay at home policies weren't put in place.
One might suggest that only businesses with underlying conditions will die if one wanted to be crassly ironic.

What is pretty goddamn funny is that just about every other customer in my store now is working for shipt and some grocery delivery business. Idk if they have that in the UK but people in the states hire someone to go get their groceries and deliver them to their house. That shit has skyrocketed. Half of them do not speak English. Anyway, I should get a decent dividend check come may from the extra business, although we are cooling off a bit now. Slowing down.

[Smitty-48]

Anyway, I should get a decent dividend check come may from the extra business,

that's from the employee owned stock at publix ?

[Smitty-48]

so into p-mike style right now

p-mike style is where it's at

[heydaralon]

Anyway, I should get a decent dividend check come may from the extra business,

that's from the employee owned stock at publix ?

yes

[Smitty-48]

Anyway, I should get a decent dividend check come may from the extra business,

that's from the employee owned stock at publix ?

yes

see, there's something you can enjoy

roll with it

next stop is putty