Wuhan Coronavirus: Economic Effects -
- Thread starter Ughubughughughughughghlug
- Start date
Somebody keeps coofing into nursing homes...
Nah. China gets its money from Westerners buying stuff. We don’t have any money to buy stuff right now. And you can bet that a lot of companies are going to be thinking heavily about locating all their manufacturing in one country. I don’t think we’ll see a huge return in manufacturing to the west, but we will see companies having factories spread out among multiple countries.
annoyingfuck
kiwifarms.net
Even if they did, I do have to wonder, if they wouldn't be hit as hard as countries further north.
Save the Loli
kiwifarms.net
We'll never know how bad it really was in Africa, aside from the sudden sharp decrease in AIDS patients. They get epidemics all the time and their medical system, well it "exists". They won't be able to do largescale tests for quite a while. It will be interesting to see what happens since their police and footsoldiers are so corrupt quarantines and lockdowns are unenforceable. The virus will tear through Africa, kill a bunch of people with AIDS, the few elderly, and some random others, infect a metric fuckton of people, and then more or less die down thanks to herd immunity.
South Africa and the countries around it are fucked though. Botswana, Swaziland, and Lesotho have a quarter of their population infected with AIDS, and South Africa itself has 17% AIDS rate. This will kill a disproportionate amount of young people too who still had another 10+ years before the disease claimed them.
Eggplant Wizard
kiwifarms.net
Couldn't we have American companies finally begin large scale US-based automation projects? I mean, we would be taking jobs that are usually reserved for low cost Chinese labor and bring them home to robots and maintenance workers.
Some good news: Yelp, the web 1.0 relic that strongarms and manipulates small businesses, is having tremendous financial problems: https://www.sfchronicle.com/business/amp/Mass-layoffs-at-Yelp-Eventbrite-show-15190391.php
Here's something to watch:
Record-size hole opens in ozone layer above the Arctic
Rare hole is result of low temperatures in atmosphere and is expected to disappear
Stupid fucking climate activists want to reduce various countries to zero emissions. When we actually approach that number for the first time since the start of the industrial age, lowered temperatures diminish the ozone layer unpredictably with a potential harm to humans.
The impact of the WuFlu is primarily financial. These stupid fucking activists will be pushing for social justice policies when it comes to industry, incredibly important to push back and let them know science is not on their side.
Record-size hole opens in ozone layer above the Arctic
Rare hole is result of low temperatures in atmosphere and is expected to disappear
Stupid fucking climate activists want to reduce various countries to zero emissions. When we actually approach that number for the first time since the start of the industrial age, lowered temperatures diminish the ozone layer unpredictably with a potential harm to humans.
The impact of the WuFlu is primarily financial. These stupid fucking activists will be pushing for social justice policies when it comes to industry, incredibly important to push back and let them know science is not on their side.
PepsiVanilla
kiwifarms.net
IDK how common this is, but mine is issuing customers a credit/partial refund for that reason.
Last edited:
You know I feel like the restaurant industry isn't going to have a giant boom once all this is said and done. I feel like you're going to see mainstream restaurants get a massive surge in diners because if you think about it, that's one of the biggest social spots that we never really had until it was gone. I wouldn't be shocked if restaurants had a surge in popularity after this.
Save the Loli
kiwifarms.net
Agree. The winners are going to be chain restaurants (well, the owners of chain restaurants who usually run multiple chains) that used their sheer size to outlast the crisis. While there's some casualties already like the company which runs Logans (who were already in bad financial health), these restaurants have the size and assets to survive on people ordering takeout for the next 1-3 months (or god forbid more) much more than your independently owned restaurant.
The real advantage a small restaurant owner (or prospective owner) will have is the sheer number of places available for them to purchase and put their restaurant. The amount of closed restaurants is going to be so huge that it'll depress that sector of real estate. Rents will go down (very good for them) and it will be cheap to purchase your own place. Unfortunately, I think it will take longer for small restaurants to get back on their feet than the larger chains.
So it wasn't the CFCs and the climate activists lied to me back in the 80's and 90's? Shock My Imagine.
Just keep filing and wait until the PUA comes through. Then there's the FPUC that adds $600 to the PUA amount. I've looked into it recently because I just requested a furlough and approved today (for very good reasons). Can file for that in my state starting for the week of the 21st but it's also retroactive. Just keep your eye on your state's UI page.
Michigan, USA (and other Midwest)
Also in the megathread.
Dairy farms are in trouble. Although demand for milch etc. is higher in grocery stores, schools and restaurants have been closed. Dumping of milch has begun, farmers say.
Michigan Dairy Farms Struggle as Coronavirus Hits Milch Prices
(archive)
Edit: Forgot the word filter.
Also in the megathread.
Dairy farms are in trouble. Although demand for milch etc. is higher in grocery stores, schools and restaurants have been closed. Dumping of milch has begun, farmers say.
Michigan Dairy Farms Struggle as Coronavirus Hits Milch Prices
(archive)
Edit: Forgot the word filter.
I can't imagine
kiwifarms.net
It's rough since the dairy business doesn't really run on wide margins. Depressed prices + lack of sales are pretty much guaranteed to cause major trouble for these farmers.
Ughubughughughughughghlug
kiwifarms.net
What are you trying to say? It reads like you're saying there won't be a boom, but then the last sentence says you expect a surge in popularity. I just don't get how this is meant to be read.
That was a typo on my part. I meant to say the restaurant industry IS going to have a giant boom.
Crunchy Chick
kiwifarms.net
Spoke to friend over phone that manages rather large hotel in downtown about occupancy rates. They were talking three per cent with decrease in coming weeks. As with chain restaurants having enough market share and money to weather this out it will be the same with hospitality industry. I worry for these businesses with local ownership. Even the local franchises might tumble under.
Similar threads
This is not just fucking pneumonia. It is everything but the kitchen sink. Lungs, heart, kidneys, liver, brain, blood vessels, testes. It affects them all.
