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re: Does anyone see light at the end of the tunnel?
Posted on 3/21/20 at 3:57 pm to Dale Doubak
Posted on 3/21/20 at 3:57 pm to Dale Doubak
Just heard a guy on the news say the restaurant industry is expected to take a 250 billion dollar hit and lose 5-7 million jobs. So there's that.
1
Posted on 3/21/20 at 3:59 pm to fallguy_1978
Even with most of them still being open and doing drive thru and takeout?
Posted on 3/21/20 at 4:00 pm to Dale Doubak
I am hopeful that more of peoples outdoor activities will resume after the rainy weather. Should be cheerful.
Posted on 3/21/20 at 4:01 pm to Paul Allen
quote:
Even with most of them still being open and doing drive thru and takeout?
It's like a fraction of their normal business and I'm sure they're getting absolutely smoked on alcohol sales drops
Now the reality is that it's an industry that can likely be propped up so that those job losses are not permanent. I expect the question is how long we can prop it up before the trickle down impacts really and truly frick the economy as a whole for a longer period.
Posted on 3/21/20 at 4:05 pm to Pettifogger
Going back to the year 2000. After how many economic downturns we’ve had which industries were the most impacted and how did they recover? Many economists have said they believe this impending recession and downturn will be worse than 2001 post 9/11 but not as bad as 2008 Great Recession
Posted on 3/21/20 at 4:05 pm to Team Vote
quote:
Between now and then these pain in the arse measures will be effective and save lives.
For some these measures are just a pain in the arse for others they are much more life altering. Missing pay checks or getting laid off is not a pain in the arse restriction.
Posted on 3/21/20 at 4:06 pm to Dale Doubak
Not yet.
Posted on 3/21/20 at 4:07 pm to Paul Allen
quote:
Even with most of them still being open and doing drive thru and takeout?
I'm guessing most of their business has still significantly declined. Particularly those that make a lot of money on alcohol. It sucks.
Posted on 3/21/20 at 4:08 pm to Dale Doubak
Posted on 3/21/20 at 4:09 pm to Dizz
Believe me I know firsthand. These measures can’t last here in my locale without the serious cases and hospital volume to justify them. People gotta feed their families. I’d be surprised if things were still crazy where I live at this time next month.
Posted on 3/21/20 at 4:10 pm to fallguy_1978
I get the alcohol part. But you would think that the place you like to frequent for food is still open and serving their menu via takeout that maybe not business as usual but at least staying busy with takeout orders. Are people not wanting to leave the house and pick the food up? Make me wonder if Uber Eats and Grubhub are even busy?
Posted on 3/21/20 at 4:11 pm to fallguy_1978
quote:
I'm guessing most of their business has still significantly declined. Particularly those that make a lot of money on alcohol. It sucks.
Downtown the past few nights has looked like a ghost town. My usual 40 minute work commute has been about 20 minutes
Posted on 3/21/20 at 4:14 pm to Paul Allen
quote:
Are people not wanting to leave the house and pick the food up?
I think a lot of people are hunkered down and not getting out as much. I'm guessing that some people might have an issue eating food that they didn't prepare as well.
Posted on 3/21/20 at 4:15 pm to Team Vote
quote:
Whether a few weeks or a few months, it’s only temporary.
If it’s a few months, the lasting consequences will be nothing even close to temporary.
Posted on 3/21/20 at 4:15 pm to Dale Doubak
quote:
brings me down
your real name Bruce by any chance?
always thought I misunderstood that lyric, turns out it's correct
Posted on 3/21/20 at 4:16 pm to dewster
quote:
If the hospitals in your area aren't completely overwhelmed by then, you may be hitting the plateau. Of the people who are requiring hospital care, it occurs an average of 21-23 days after contracting the virus. The severe social distancing didn't really start in most areas until March 14-15. So the weekend of April 4th may be when we know if we are going more like South Korea or more like Italy/China.
Where are you pulling this data from?
Numbers I saw for the peak expected infection rate in DFW was first week of May
Posted on 3/21/20 at 4:18 pm to Dale Doubak
Plenty more dark before we see the light
Posted on 3/21/20 at 4:19 pm to Tigerpaw123
quote:
Plenty more dark before we see the light
In your opinion
Posted on 3/21/20 at 4:21 pm to cardswinagain
quote:
In your opinion
As opposed to what, everything about the future is opinion
Posted on 3/21/20 at 5:18 pm to Tigerpaw123
quote:
Plenty more dark before we see the light
Well kinda different opinion here. Hcq is in my opinion going to be a game changer.
This is going to work as prophylaxis I think as well. The question is will it prevent people from even getting the virus or will they get it, have no symptoms and be immune to it making vaccination unnecessary.
We are going to massively ramp up production of this drug. Many American hospitals are now using it on the sickest. We will start to see it rolled out to anyone infected.
Honestly this next week is going to be interesting. The massive amount of research into this thing has been amazing. I suspect we are going to start hearing a massive decline in mortality even among the old.
And it's been two weeks we have been in lockdown. I suspect things will start to loosen up in a week or two.
A vaccine will be out in four months.
We honestly are just at about the worst this is going to be here is the United States. Perhaps this week will be the worst with a gradual improvement.
Trump calling for the racist travel ban on China is what allowed us the time to get things rolling.
We live in amazing times that a world wide pandemic can be taken care of inside a month.
I said last week that the United States was going to say to China hold my beer while we handle this. I feel that way even more now.
So yes there is light at the end of the tunnel.
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