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Coronavirus is the immediate problem. KYHillChick and I are both at risk. My mom's 91 and stuck in a quarantined facility. We're in a major metropolitan area and there thinking about closing the bridges out of the state. My BOL may end up off-limits. However, Krogers is delivering to the house once a week, and we've got a freezers full of venison.

The economy? Yeah, it's a bad deal, but the infrastructure is still sound. We can bounce back rather quickly. I'm working for a company that manufactures a key part used in refrigeration and AC. I can hold off retiring and stay working.

What worries me is the next thing. I used to know an archeologist. She was an expert on Crete and the Minoans. Yes, Thera blew its top and screwed up everything in the eastern Med. However, the Minoans were already in decline. She was not sure what it was, possibly a plague or some other such thing. It turned a bad volcanic explosion into a catastrophe. Similarly, I'm not filled with existential dread over either of these current dilemmas. I'm worried about the kick in the teeth that might hit us while we're down.


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The virus!!

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The Socialists taking the Senate and the White House in November.


Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny.
Thomas Jefferson

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The economy.


"Whensoever the General Government assumes undelegated powers, its acts are unauthoritative, void, and of no force." --Thomas Jefferson

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Originally Posted by 700LH
A bad economy isn't lethal.


Haha. Poverty will lead to death and great human suffering.

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There is not, in my opinion a definitive answer to this. It depends on what the individual values more. A question I can't really answer at this point in time..


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Originally Posted by RAS
I feel that we are going to collapse, or at least go way down in my town.

Are things getting that bad by you?

RAS



Nothing snarky here, but I'm curious as to what you mean by collapse.


But to answer the question, it's the economy and the long term value of our dollar that spooks me more than the virus.

My folks have been bunkered in for the past 2 1/2-3 weeks, they're doing well. It's my in-laws I worry about, they are still out doing their regular routine claiming they're "being careful".


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A dine, nor a dollar, makes a dead man any richer. This is a no brainer !


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I'm like nancy pelosi, all kicked back with drink in hand, sunglasses on.
"Crisis...What crisis?"


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There were 2,800,000 deaths in America last year. Do you think that had an effect on those families? Of course it did and does, but there is no focus on the loss to those families as there is to CV-19.

Somehow in all this “sky is falling” pandemic, people have forgotten the fact that isolation can prevent infection, but the economy has no boundaries and the net negative effect harms and can destroy way more people and families than the virus will.


Originally Posted by RJY66

I was thinking the other day how much I used to hate Bill Clinton. He was freaking George Washington compared to what they are now.
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Originally Posted by RAS
All:

Last week, it was virus. Now, it’s our economy.

People all around me are losing their jobs. I feel that we are going to collapse, or at least go way down in my town. In the last 2 days, 11 people I know from five different employers are out of work.

Are things getting that bad by you?

RAS




No, just the opposite. Out of about 300+ employees. on March 27th, Friday morning most were sent home to work remotely. Mostly engineers and various office workers. They are all upstairs. Downstairs we have SIX people left in the production area out of close to 100 people. All but 6 were laid off about 3 months ago. Last Monday they were all told to go home for 30 days, either use vacation time of take it without pay. All 6 stuck together and defied the company. All are STILL working. In the machine shop where I work the company put us on 50 hours. Actually, the engineers are putting out WAY more work from home that they did in house. Hardly NO traffic. I was taking me close to an hour each way to travel. Now it is 30/35 minutes. So far so good. Who knows what lies ahead. Don't get me wrong. I am 75 years old. No underlying conditions. NO medications. How long will I survive. WHO KNOWS.


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Wise men speak because they have something to say; fools because they have to say something. - Plato

Deuteronomy 22:5



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Now for you people that live in large metropolitan areas, you are so F~cked, my neighbors are my friends, they will defend what is mine and I will defend what is theres, that Williams guy said it best " A country boy can survive" , for you city folks , Labor day is going to be a welcome sight !


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Originally Posted by mtnsnake
The economy will come back fast as soon as we ditch the democrats. Maybe send them to china they like communism.



^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ THIS.


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Nowadays people know the price of everything and the value of nothing.

Wise men speak because they have something to say; fools because they have to say something. - Plato

Deuteronomy 22:5



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Being self employed this is a tough one...without the virus the economy can/will come back, with the virus still a concern, the economy will spiral down as if we don't have confidence as a country we're in year's worth of trouble.
5-10 years from now I'm not sure what normal will look like. AT 53 I'm much more concerned about my 3 adult kid's futures than mine.
We can't simply print more money at throw it at our problems.

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Originally Posted by handwerk
Being self employed this is a tough one...without the virus the economy can/will come back, with the virus still a concern, the economy will spiral down as if we don't have confidence as a country we're in year's worth of trouble.
5-10 years from now I'm not sure what normal will look like. AT 53 I'm much more concerned about my 3 adult kid's futures than mine.
We can't simply print more money at throw it at our problems.



I agree that printing money is huge issue. Money printing is more of a power grab than a solution to the covid. Covid is an excuse to steal the future.

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Originally Posted by RAS
All:

Last week, it was virus. Now, it’s our economy.

People all around me are losing their jobs. I feel that we are going to collapse, or at least go way down in my town. In the last 2 days, 11 people I know from five different employers are out of work.

Are things getting that bad by you?

RAS

Not for me personally, but a LOT LOT LOT of people are really hurting... Ergo - the economy situation's paramount IMHO..


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I don’t see how I can have a greater concern over either. However, one concern is personal and the other societal. I live in the hope (not wishful thinking hope) or the resurrection. I don’t want to leave terra firma any time soon. I have 15, 13 and 11 yo children at home still, two adult children and two young grand sons. However, I live with the realization that every day could be my last, Covid or no Covid. This is the fate for each of us. I believe that C S Lewis said it best when speaking about the potential for nuclear war.

If the economy breaks down we run many great risks. We are already seeing power grabs by politicians with the willful response of of the masses following them with little question. This seems to be happening at every level of our federal, state and local governments. Our culture and society has been harmed by social distancing. Fear of the unknown, a natural human response, has deliberately or inadvertently become a catalyst driving selfishness. We see this in the unfounded impulse of the masses to hoard. A lot could be said about the many societal responses that we are seeing.

It is undeniable that these months are filled with uncertainty. However, most of this uncertainty seems to be driven by fear rather than sound reasoning. It could be argued that we are acting in a penny wise pound foolish way. Destruction or crippling of the economy will impact an exponential number of people in comparison to the deaths occur because of this virus. We know this because of the number of people still alive compared to mortality rates in countries hardest hit.

What will we do the next time the sky begins to fall? Is this the new norm, self isolation and economic and social destabilization? My concern is that we will begin to willfully destroy ourselves out of fear of the always next unknown. At some point we just need to live our lives.

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People will ask this question in hindsight for years to come, but right now I don't think any government beside china is willing to cull the population. Outside of the political power rape, I think the economy has to take a hit.
My wife is a RN, so I think we will get sick. Naturally death is an outcome, but so is being a cripple sucking on a machine for the rest of a miserable life. That is bleak. My 401K will come back, body maybe not. That is my view from my kitchen table.

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the virus killing one of my kids or wife.
as for myself, i have lived a good and full life with many blessings and am prepared for it to end and will leave my family in good shape.
we can work our way out of an economic downturn given enough time.


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Originally Posted by rem141r
the virus killing one of my kids or wife.
as for myself, i have lived a good and full life with many blessings and am prepared for it to end and will leave my family in good shape.
we can work our way out of an economic downturn given enough time.



I admire you for thinking the way you do. I just worry that when I am gone, and I AM prepared for that, there is not one single person that will be there to help my wife. For years there has been a literal line of people with hands out and she was there for them. It will NOT work the same when she needs help. THAT is my concern.


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Nowadays people know the price of everything and the value of nothing.

Wise men speak because they have something to say; fools because they have to say something. - Plato

Deuteronomy 22:5



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