Post Corona Economic Recovery

[fried-chicken]

This is an interesting topic to me.

How does the economy recover? I've been thinking about trying to buy out my competition since I know they were caught off guard more than I was. I was able to cut overhead and maintain a strong capital position. However, I can't imagine a post corona economy until we have a vaccine. I think this MF is going to close on his own.

My expectation is that we reopen and see cases spike again. Nothing has significantly changed in regards to virus risk, we are only winning because the economy is closed. When that happens we see the full realization that there is no normal economy with this virus active.

We aren't going to send kids to 500 student elementary schools in the fall with active cases in the US. Kids might not be back at school for the rest of the year.

If a vaccine isn't available until Q1 2021 what does the economy look like? The idea that we have beat the coronavirus is far too premature
All we've done is slow the spread but with the reopened economy we'll be right back to where we were in February, setting up the country for another spike.

 

[firm_bizzle]

I was thinking about this yesterday. I went in to work and asked our manager if anybody has been calling. She said "no". Then I wondered "When the economy 'opens' again how do people know to start calling?"

I'm looking at this like a start up and securing loans as if I were starting over.

 

[hemightbejeremy]

Vaccine is the key. Without it there is no return to normalcy.

 

[Crazyhole]

Let's just start with your original question. What industry do you work in and do you know what your market share is? I'm not an expert but I've been in the same situation so might have a little insight to consider.

 

[fried-chicken]

Activity Down = Virus Down = Economy Down

Activity Up = Economy up = Virus Up = Economy Down

I just don't see a path to normal economic activity globally until we have a vaccine.

 

[fried-chicken]

I was thinking about this yesterday. I went in to work and asked our manager if anybody has been calling. She said "no". Then I wondered "When the economy 'opens' again how do people know to start calling?"

I'm looking at this like a start up and securing loans as if I were starting over.

Yeah, we can declare "Economy Open" but you need to overcome much more than we've ever had to.

What we should declare is that businesses need to find a way to adapt.

My company is essentially an event entertainment / team building training company. My industry needs to innovate hard.

 

[Crazyhole]

Yeah, we can declare "Economy Open" but you need to overcome much more than we've ever had to.

What we should declare is that businesses need to find a way to adapt.

My company is essentially an event entertainment / team building training company. My industry needs to innovate hard.

Would you categorize it as being in the consulting business? Or do you have equipment and infrastructure that competitors have that is necessary for operation?

 

[Ucfmikes]

Thank God we have Trump to restart the economy

Sanders—

Biden-

 

[fried-chicken]

Thank God we have Trump to restart the economy

Sanders—

Biden-

I want you to really use your thinking muscle on this one.

What happens when we open up the economy? What's different now than what happened in February?

 

[Cubs79]

Thank God we have Trump to restart the economy

Sanders—

Biden-

Do you think the virus is going to know we have re-opened and just go away?

 

[Ucfmikes]

I want you to really use your thinking muscle on this one.

What happens when we open up the economy? What's different now than what happened in February?

Do you think the virus is going to know we have re-opened and just go away?

When the time is right

 

[firm_bizzle]

I want you to really use your thinking muscle on this one.

What happens when we open up the economy? What's different now than what happened in February?

The economy is like a building. You don't just jump back into building the 22nd floor. You start at the foundation and go up from there.

 

[Ucfmikes]

The economy is like a building. You don't just jump back into building the 22nd floor. You start at the foundation and go up from there.

Awesome. Like building the Trump
Towers

 

[firm_bizzle]

Awesome. Like building the Trump
Towers

Like most of his buildings he just slaps his name on them at the end.

 

[DaShuckster]

Trump wants to get everyone back to work by May 1?

We can't send people back to work without adequate testing of the returning workforce. But Trump continues to talk about it as a luxury, not an absolute necessity for getting the economy going again.

 

[firm_bizzle]

Trump wants to get everyone back to work by May 1?

We can't send people back to work without adequate testing of the returning workforce. But Trump continues to talk about it as a luxury, not an absolute necessity for getting the economy going again.

Turn the switch back on. Unchain the economy!

 

[fried-chicken]

Turn the switch back on. Unchain the economy!

Since we're all going back work and even growing more than before, can we just cancel all the spending programs the government has done? I mean do we really need to stimulate the economy if we flip the switch back to on in a few weeks?

 

[firm_bizzle]

Since we're all going back work and even growing more than before, can we just cancel all the spending programs the government has done? I mean do we really need to stimulate the economy if we flip the switch back to on in a few weeks?

No. We need to juice the economy for the re-election.

 

[KNIGHTTIME^]

All trolling aside. We are going to hit over a 20% unemployment. At what point is this making any sense to quarantine? People are still all over the place and we are losing jobs. Double whammy. Why not quarantine those over 50 when we get to May for another month or so? The healthy younger folks are going to have a 0.002% chance of death. Get those folks back working under distancing guidelines in May.

 

[fried-chicken]

All trolling aside. We are going to hit over a 20% unemployment. At what point is this making any sense to quarantine? People are still all over the place and we are losing jobs. Double whammy. Why not quarantine those over 50 when we get to May for another month or so? The healthy younger folks are going to have a 0.002% chance of death. Get those folks back working under distancing guidelines in May.

How are old people suposed to go to the grocery store?

 

[firm_bizzle]

All trolling aside. We are going to hit over a 20% unemployment. At what point is this making any sense to quarantine? People are still all over the place and we are losing jobs. Double whammy. Why not quarantine those over 50 when we get to May for another month or so? The healthy younger folks are going to have a 0.002% chance of death. Get those folks back working under distancing guidelines in May.

You realize that it's a global economy and nothing works without New York.

 

[UCFKnight85]

No. We need to juice the economy for the re-election.

We should leave everyone poor and jobless just so you guys won't cry about "juicing" the economy purely for the re-election. Very pro American viewpoint.

 

[firm_bizzle]

We should leave everyone poor and jobless just so you guys won't cry about "juicing" the economy purely for the re-election. Very pro American viewpoint.

It's just money right? Print away!

 

[Crazyhole]

You realize that it's a global economy and nothing works without New York.

Sucks that Cuomo completely dropped the ball and his biggest city is the epicenter of the outbreak.

 

[Ucfmikes]

Since we're all going back work and even growing more than before, can we just cancel all the spending programs the government has done? I mean do we really need to stimulate the economy if we flip the switch back to on in a few weeks?

Once this is flipped back on I’ll be available for personal loans immediately. You know where to find me

 

[Ucfmikes]

We should leave everyone poor and jobless just so you guys won't cry about "juicing" the economy purely for the re-election. Very pro American viewpoint.

Why would they care about the poor and jobless? They don’t even want people to live as demonstrated by the hard-ons that they get when the death tolls go as they originally predicted

 

[Crazyhole]

Why would they care about the poor and jobless? They don’t even want people to live as demonstrated by the hard-ons that they get when the death tolls go as they originally predicted

Holy crap. And you said I make you look tame

 

[Ucfmikes]

Holy crap. And you said I make you look tame

That was last week

 

[goodknightfl]

This is an interesting topic to me.

How does the economy recover? I've been thinking about trying to buy out my competition since I know they were caught off guard more than I was. I was able to cut overhead and maintain a strong capital position. However, I can't imagine a post corona economy until we have a vaccine. I think this MF is going to close on his own.

My expectation is that we reopen and see cases spike again. Nothing has significantly changed in regards to virus risk, we are only winning because the economy is closed. When that happens we see the full realization that there is no normal economy with this virus active.

We aren't going to send kids to 500 student elementary schools in the fall with active cases in the US. Kids might not be back at school for the rest of the year.

If a vaccine isn't available until Q1 2021 what does the economy look like? The idea that we have beat the coronavirus is far too premature
All we've done is slow the spread but with the reopened economy we'll be right back to where we were in February, setting up the country for another spike.

It is not going to be a total reopen. Some areas will be freed up more than others. If you are lucky you will at the end of the day get your socialist Knightmare that you have been having wet dreams over.

 

[firm_bizzle]

Sucks that Cuomo completely dropped the ball and his biggest city is the epicenter of the outbreak.

You're right. He should have stopped all flights from Europe and made ventilators in January.

 

[ChrisKnight06]

The pressure will be far too great and we'll re-open by mid June. We'll try as best as possible to protect high risk individuals but we'll be willing to sacrifice them for the sake of the masses and bet on having a vaccine ready within 8 months from then. And I mean sacrifice in the sense of hope for the best but accept the inevitable deaths that will follow.

Yes that means we'll essentially be asking them self isolate for what will end up being about a year but I see that happening.

 

[DaShuckster]

The pressure will be far too great and we'll re-open by mid June. We'll try as best as possible to protect high risk individuals but we'll be willing to sacrifice them for the sake of the masses and bet on having a vaccine ready within 8 months from then.

How exactly is this supposed to work? How do you go back to work and protect ANYONE who hasn't already had the virus?

If we go back to work and two weeks later see a second spike in infections, then what?

I just don't see any scenario where you get people to risk going back to work and contracting the virus before they can be assured that the people they are sharing close quarters with have been tested and are virus-free.

 

[Crazyhole]

How exactly is this supposed to work? How do you go back to work and protect ANYONE who hasn't already had the virus?

If we go back to work and two weeks later see a second spike in infections, then what?

I just don't see any scenario where you get people to risk going back to work and contracting the virus before they can be assured that the people they are sharing close quarters with have been tested and are virus-free.

I'm sure I'll get attacked for this, but at some point we naturally all come to a cost/benefit analysis point of view. How many lives should it cost to save how many lives? I'm just glad that I don't have to make that decision. Some people here act as though the government is totally incompetent and the leaders are mentally challenged but that is the question they deal with every single day. Do you really want trump's job, or is it more comfortable being an armchair quarterback where everything that doesn't work is wrong and everything that does work you claim was the right decision after the fact.

 

[UCFKnight85]

Why would they care about the poor and jobless? They don’t even want people to live as demonstrated by the hard-ons that they get when the death tolls go as they originally predicted

At least we've established that the left would prefer that people remain severely suffering financially for the rest of the year, so long as it makes their odds of electing Vice President Dementia more likely.

 

[firm_bizzle]

At least we've established that the left would prefer that people remain severely suffering financially for the rest of the year, so long as it makes their odds of electing Vice President Dementia more likely.

Sounds like 2012 and 2016.

 

[DaShuckster]

How many lives should it cost to save how many lives?

I know some people here act as though the government is totally competent and Trump is the GOAT but the pesky facts say otherwise.

Given that Trump is chomping at the bit to get the economy going again, and given the recent spikes of new infections in parts of Asia where the coronavirus guidelines were relaxed, I'm concerned.

If we try to jump-start the economy before the virus has run its course, we'll undo all the good we've done in recent weeks.

 

[AAC6800]

I know some people here act as though the government is totally competent and Trump is the GOAT but the pesky facts say otherwise.

Given that Trump is chomping at the bit to get the economy going again, and given the recent spikes of new infections in parts of Asia where the coronavirus guidelines were relaxed, I'm concerned.

If we try to jump-start the economy before the virus has run its course, we'll undo all the good we've done in recent weeks.

I understand your point. I'm not sure what the plan is (or if there is one), but the country can't remain this way for too much longer. We can't sustain 12 months of this for sure. Something has to give.

 

[DaShuckster]

I understand your point. I'm not sure what the plan is (or if there is one), but the country can't remain this way for too much longer. We can't sustain 12 months of this for sure. Something has to give.

I agree that we can't sustain this forever, but I think Dr. Fauci said it best: "You don't make the timeline, the virus does."

If we try to relax the guidelines to early in an effort to kickstart the economy, we're more screwed than we were before. A second wave of infections would be more devastating to our economy than the first.

 

[Crazyhole]

I agree that we can't sustain this forever, but I think Dr. Fauci said it best: "You don't make the timeline, the virus does."

If we try to relax the guidelines to early in an effort to kickstart the economy, we're more screwed than we were before. A second wave of infections would be more devastating to our economy than the first.

Not necessarily. We have no idea whether this virus will survive the summer at all, or if it will thrive regardless of environmental factors. We don't even have any evidence yet on how transmittable this even is, so its all speculation at this point.

 

[DaShuckster]

Not necessarily. We have no idea whether this virus will survive the summer at all, or if it will thrive regardless of environmental factors. We don't even have any evidence yet on how transmittable this even is, so its all speculation at this point.

But we do know that second outbreaks have occurred where virus guidelines have been relaxed.

Again, I am well-aware we will need to get people back to work as soon as possible. But the risk of doing it too early has more far-reaching and disastrous consequences than just the additional loss of lives.