CORONA How Will Things Change as a result of Corona

[Freeholder]

As a result of the COVID-19 pandemic?

One thing I can see happening is that schools, especially colleges, may have more classes on-line.

I suspect we may come out of this with fewer nursing homes in business.

Real estate prices may drop.

What else?

Kathleen

 

[chumly2071]

I think (short term, at least) you will start seeing more and more ripple effects to the supply chain. It's going to take some time to reset everything with our normal JIT way of doing things. This could cause shortages of certain products (both due to production and panic buying), as well as potential slowdowns of domestic production due to lack of offshore sub-components.
With any luck, it might prompt the move of some capabilities back on shore, but I doubt it.
We will undoubtedly see pricing fluctuations.

 

[jward]

This is only a snap shot of this moment in time's thought stream- but I'm thinking of what I know about Human nature: We just don't change all that much, and are really drug kicking and screaming to even the smallest of changes. Ergo, I think this may be like all those wake up calls that came before: it'll have it's moment on stage, "strutting and fretting" but ultimately will, despite being full o' sound n fury, amount to nothing.

 

[Practical]

Oh, dunno. So far this season there have been 20,000 deaths from the normal flu, how many from Covid-19? I am not at all downplaying it, I don't want it, but is it more lethal then the normal flu? I am asking in earnest. 2017-2018 there were 45,000,000 million cases of the normal flu, with approximately 61,000 deaths. It just makes my spider sense tingle a bit, seems its being very aggressively politicized for an outbreak we really don't know much about. If there was an outbreak in Des Moines, and the government declared martial law and a lockdown on the town, would anyone really raise a fuss?

 

[colonel holman]

Are you asking what should change? Or are you asking what will change?
We all know the answers to each of these: a lot, and nothing

 

[jward]

The problem is that we have finite resources to deal with the medical needs of the most compromised. Mix in a totally virgin population, and those bad flu seasons where there is no bed at the hospital becomes the facts on the ground for every hospital--- throw in the reduction in number of people to provide care, the throttled and destroyed supply chains etc, and it becomes a problem for real. For us all.
Yes, there's that pesky constitution, and that other pesky thing, "the slippery slope" I'd raise a fuss, even though martial law is legal. Too many already calling for the gov. to come fix this for them. That's dangerous imo.

 

[Zahra]

Even if we're extremely lucky and we don't actually get a large number of serious Covid-19 cases in America, the tertiary impact to the system are already significant. We're in the early stages of this and so far our government has already authorized over 8 billion dollars to "combat the virus" (printing - inflationary), the administration is tossing around ideas trying to come up with an economic stimulus package (more printing), the supply chain from China is broken, the travel, tourism, hospitality & restaurant industries are taking huge hits (layoffs & bankruptcies plus more industry consolidation coming soon), low demand is tanking oil (our fracking industry is teetering), and the stock market's sinking (billions being wiped off balance sheets). Liquidity is tightening, consumer spending is down, and rates just got cut - and will be cut even further.

And - we- are - still- in- the - early-stages-of this! So.... what does it look like on the other side? Too soon to tell about the medical aspects - or concurrent social unrest, but economically --- recession at the very least (and I'm being very conservative), more inflation thanks to the money printing, perhaps progressing to loss of reserve status & full blown depression.

 

[Countrybumpkin]

My daughter is in college, and they just canceled all classes, everything is online for the foreseeable future...

 

[egads]

My daughter will be graduating college in 2-months, and I'm concerned that they won't hold commencement for them. After spending that kind of money we would be very disappointed if there wasn't some kind of graduation held that we could attend. We're hoping for at least a departmental graduation and maybe they'll forgo the larger school-wide commencement.
They're talking about finishing the year online (currently on spring break), but my daughter is doing a research project that requires a lab, so I'm curious to see how they handle this.

 

[Border Collie Dad]

I see the economy getting the long-expected crash.
With that, the average person will cry out to the government to do more and save us.
Of course, they will gladly do that.
For a price.
Further erosion of freedom and liberty for security.

Unless the economic effects are very short-lived, Trump is gone.
His strong point for re-election has been the economy.

Not necessarily talking about the people on this board but the average American.

But, even here, those who want more tests so they can freely give up their DNA to the government database.
Unintended consequence.

 

[Catnip]

Oh, dunno. So far this season there have been 20,000 deaths from the normal flu, how many from Covid-19? I am not at all downplaying it, I don't want it, but is it more lethal then the normal flu? I am asking in earnest. 2017-2018 there were 45,000,000 million cases of the normal flu, with approximately 61,000 deaths. It just makes my spider sense tingle a bit, seems its being very aggressively politicized for an outbreak we really don't know much about. If there was an outbreak in Des Moines, and the government declared martial law and a lockdown on the town, would anyone really raise a fuss?

Covid-19 should be renamed "5G Flu" because that's what it is. No one bothered to find out why Italy shut down with so many sick and dying. It's because they have 5G in their main cities, installed by Nokia and Huawei, beginning in June, 2019. More Huawei 5G added in 2020. It is Huawei 5G that's making everyone sick, not a simple coronavirus. It won't happen in the U.S. because Trump outlawed Huawei here. Wait and see how the fake media will blow everything up way out of proportion and it will be tall Trump's fault.

 

[NoMoreLibs]

I dunno....still think this thing is overblown to some extent.

Just like everyone freaked out about SARS and the bird flu - as soon as it died down everyone forgot and went about their daily bizdness. Once this dies down, and it will, everyone will return to normal course and wonder what the hell are they going to do with all that TP and hand sanitizer.

 

[straightstreet]

My daughter is in college, and they just canceled all classes, everything is online for the foreseeable future...

If .gov is truly worried than all public schools should do the same

 

[kyrsyan]

Maybe a few more eyes opened. Maybe a few priority shifts for individuals. A good chance that many will at least start keeping a well stocked medicine cabinet. If it hits the stores for food, that can go several ways.

 

[20Gauge]

The problem is that we have finite resources to deal with the medical needs of the most compromised. Mix in a totally virgin population, and those bad flu seasons where there is no bed at the hospital becomes the facts on the ground for every hospital--- throw in the reduction in number of people to provide care, the throttled and destroyed supply chains etc, and it becomes a problem for real. For us all.
Yes, there's that pesky constitution, and that other pesky thing, "the slippery slope" I'd raise a fuss, even though martial law is legal. Too many already calling for the gov. to come fix this for them. That's dangerous imo.

It doesn't take a virgin population to cause havoc.

It only takes a virgin living in mom's basement neck bearding something to cause this problem.

 

[jward]

I don't know what neck bearding is, and am afraid to google it or ask. Just thought I would share : D

 

[Dennis Olson]

Things will change as much or as little as you decide. Really. Unless one flies or takes other mass transit regularly, or goes to place where crowds gather, one’s life should go on pretty much as normal.

 

[Freeholder]

I wasn’t thinking of what SHOULD change, so much as likely consequences. I do agree that there is likely to be more creeping incrementalism from the government. That’s almost inevitable, as is an economic downturn, possibly quite severe. And Trump may pay the price, though I hope not, because any of the Dem candidates would be much worse. But what I was curious about was possible societal changes, like schools going more online. Or the hand-shake going out of style.

Kathleen

 

[Dennis Olson]

Look, Corona isn’t the Black Plague. It’s a glorified cold virus. In due course, a vax will be produced. If you think society is going to go all “Postman” over this, I think your tinfoil is on too tight.

 

[minkykat]

At least now maybe folks will start washing their hands.

 

[Dozdoats]

I have said from the first I knew of coronavirus that we might not have health problem, but we definitely have an economic problem.

Yes, prepare to hear gold mentioned as a financial asset in this interview. Also land, houses etc.

Most of an hour but well worth it in understanding the economic terrain we occupy today. Two of my more trusted sources, YMMV.
====================

View: https://www.youtube.com/watch?v=dLBfrVRDgwg


View: https://www.youtube.com/watch?v=dLBfrVRDgwg

Chris Martenson/John Rubino
The Coronavirus Breaks The Stock Market
RT 49:14

For years, Peak Prosperity has been raising a loud warning of the 'Everything Bubble' that the world's central banks have blown in global asset prices. Over that time, we've debated with hundreds of economic experts on what will be the trigger to "pop" this mania. Well, now we're finding out. The economic damage being wrought worldwide by the coronavirus is the black swan the system never saw coming. Trade is being strangled, and the necessary productivity needed to support that massive increase in global debt that has been taken on over the past decade is just not there. Bankruptcies are set to ripple across industries like wildfire. Mass layoffs will return with a vengeance. For certain industries -- like travel, hospitality, and the shale oil drillers -- this will be an extinction-level event for many players. As ugly as the swift -19% drop in markets from from February's highs has been, this is just the start of the reckoning, folks. To give you a clear understanding what to expect during the bursting of the largest asset bubble in world history, Chris rushed to record this interview with John Rubino, author of 'The Money Bubble'

 

[Jeep]

Some may realize how much of our manufacturing is outsourced and bring some back to the US. Of course all this depends on how much profit they can make. It all comes down to the almighty dollar. I would actually like to see more "mom and pop" stores like in the past, but I know most of those type stores are gone for good.

 

[Freeholder]

I don’t think this is the Black Death. I do think there may be some changes going forward. Reasons for the possible changes that I’ve already mentioned:

Colleges, and possibly other schools, going more on-line — reduces costs for the schools. Ought to (but may not) reduce costs for students. Makes it easier for students to work, if they can schedule their classes around their work schedule. Lower transportation costs. For those who are concerned about such, more ‘Green’.

Fewer nursing homes — if a high percentage of the elderly, especially those who are already sick, die off, there will be less demand for nursing homes, so some will probably go out of business.

Real estate prices could drop if there is any significant loss of population, and it will drop if the economy goes south because people won’t be able to afford to buy houses.

Shaking hands is pretty deeply ingrained in our culture. I don’t know if that will go away, at least not quickly.

See, nothing has to ‘go postal’ before some things change.

Kathleen

 

[mole]

A friend of mine just received news that the Navy has cancelled family day and graduation of new recruits and is unsure if he will get leave before reporting for training. She is pretty upset and doesn't know when she will get to see him again.

Other than those types of things, I think our two biggest changes - in the next 6 - 12 months - will come in terms of medical services availability and supply chain issues.

It's also possible that the online learning model at the university level becomes more prevalent although they are going to have to come up with some better options than the current CMS (Content Management System) offerings, imo.

 

[chumly2071]

As a more immediate effect, a good friend who works in the semiconductor field mentioned they are seeing major disruptions already as related to their production needs...

 

[Squib]

It’ll be secondary effects. Sure, the medical aspect isn’t that dangerous, (at least that’s what I’m thinking) but as others have commented, the Demons using this as a tool to panic people, spook the markets, etc. much bigger danger.

When we realize that hospitals are usually running + - 90% capacity, even a small outbreak can ruin your day.

Can’t get an ICU bed because they’re fuller than normal? Too bad!

An ambulance delayed because of panic or excessive sick time? Too bad!

Medicine delayed because supply chain disruptions of Chinese meds? Too bad!

How do they triage this? Simple, Covid19 people, stay home, hopefully business as usually at the hospitals. But if panic sets in, that’s a game changer.

 

[Kathy in FL]

At least now maybe folks will start washing their hands.

Don't bet on it. If rampant STDs (including HIV/AIDS) haven't fixed the "sexual revolution" then don't think people will use a commonsense approach like handwashing.

 

[David Nettleton]

Things will change as much or as little as you decide. Really. Unless one flies or takes other mass transit regularly, or goes to place where crowds gather, one’s life should go on pretty much as normal.

Rush just now. Know why there is a 19 after the 'covid'? Because this is the 19th variation on the corona virus. Corona virus is common. The media is doing its' best to panic the American public. (and tank the economy). Only democrat mayors are canceling events and isolating communities. Three weeks ago Bernie was unstoppable. Now he's in the rear view mirror and disappearing. Biden can't draw flies to a rally. However, in the last few days large crowds are photographed around him. (Probably hired.) Too many red flags and questions for these coincidences.

 

[Kathy in FL]

My comments are in PURPLE

[QUOTE="Freeholder
I don’t think this is the Black Death. I do think there may be some changes going forward. Reasons for the possible changes that I’ve already mentioned:

Colleges, and possibly other schools, going more on-line — reduces costs for the schools. Ought to (but may not) reduce costs for students. Makes it easier for students to work, if they can schedule their classes around their work schedule. Lower transportation costs. For those who are concerned about such, more ‘Green’.

Most universities are already doing this. In fact, at many state university and colleges, taking so many online credit hours is a requirement for graduation. Florida state universities and colleges are like this. Currently it is 6 credit hours as well as I believe though my kids told me that for several years the Regeants have been talking about increasing that.

Several states already have robust online virtual schools for primary and secondary grades. I know Florida does. it is already very prevalent in this state.

Fewer nursing homes — if a high percentage of the elderly, especially those who are already sick, die off, there will be less demand for nursing homes, so some will probably go out of business.

This was already happening. Licensing issues is part of it. Increased cost of doing business is another part of it. Old folks being allowed to pass rather than warehousing them is another part. If you are alive, at some point you are going to be dead. The pre-existing conditions - especially those that are self-induced - are being allowed to take the natural consequences rather than warehouse people. The fact that when many going into long term care, all of their assets are taken over leaving nothing for the family is another big chunk of that issue.

Real estate prices could drop if there is any significant loss of population, and it will drop if the economy goes south because people won’t be able to afford to buy houses.

Real Estate prices may plateau but they aren't going to drop significantly. The market is too tight and the profit margin too slim on new homes. Inflation did nothing but drive prices up back in the 70s and ever such cycle since. The lower interest rates will only make the market tighter. As for population loss, if we can absorb 10's of thousands of deaths every year due to influenza (both direct and indirect) we can absorb this CFR as well. And the higher CFR populations aren't the ones buying homes anyway, so zero effect.

Shaking hands is pretty deeply ingrained in our culture. I don’t know if that will go away, at least not quickly.

Human nature will not change that much. We may temporarily change to fist bumps but that is about it.

See, nothing has to ‘go postal’ before some things change.

Kathleen
[/QUOTE]

 

[hiwall]

I think this new virus will run its course and life will go on from there.
I do think this virus will prove to be the trigger event that will lead the world into a deep recession. So life will go on but it will be hard times for most people. I certainly hope I am wrong but obviously we are over due for a recession.

 

[Profit of Doom]

19 because it was discovered in 2019.

 

[Dozdoats]

Rush just now. Know why there is a 19 after the 'covid'? Because this is the 19th variation on the corona virus. Corona virus is common. The media is doing its' best to panic the American public. (and tank the economy).

If you pay any attention to EL RUSHBO, you deserve what you get.

 

[David Nettleton]

Rush just now. Know why there is a 19 after the 'covid'? Because this is the 19th variation on the corona virus. Corona virus is common. The media is doing its' best to panic the American public. (and tank the economy).

If you pay any attention to EL RUSHBO, you deserve what you get.

If YOU don't listen to him you deserve what you get.

 

[Dozdoats]

I quit listening about 1997 or so and do not seem to have suffered thereby.

Wrong is wrong even if it comes through the Golden Microphone.

 

[David Nettleton]

Dr. Anthony Fauci, on Trump's team from the CDC said this morning the lethality of covid-19 is 1% and going down, or much less than what they had first expected. This whole damn panic is due to the media narrative that is hoped to hurt Trump. Do you hear the media talking about the 99% who have recovered?

 

[Dozdoats]

No matter what the lethality of NCOV-19 to humans, it has effectively uncovered the shortsightedness of offshoring America's basic supply infrastructure to China. The resulting economic disruption may kill more people than the virus, although we do not yet know what the virus death toll will ultimately be. No matter what the late to the event CDC says.

You might want to spend more time listening to Chris Martenson ...

 

[Border Collie Dad]

Dr. Anthony Fauci, on Trump's team from the CDC said this morning the lethality of covid-19 is 1% and going down, or much less than what they had first expected. This whole damn panic is due to the media narrative that is hoped to hurt Trump. Do you hear the media talking about the 99% who have recovered?

Not slowing down on the main Coronavirus thread.

 

[ShadowMan]

team from the CDC said this morning the lethality of covid-19 is 1% and going down, or much less than what they had first expected.

Sorry, I absolutely don't believe a single thing the "official talking heads" are preaching. Nope. Nada. They are lying through their teeth with impunity, all the while they are smiling at us and sticking a knife in our backs. TPTB don't give a flying rats arse about people. Only about their bottom line with doesn't include us. We're simply numbers to them.....and there's too many of us to bother with.

 

[Jonas Parker]

Hopefully, pharmaceutical manufacturing will return to the USA!

 

[Ragnar]

• Business will use as an excuse to trim what they consider dead weight on Payroll.
• Business travel will be changed for a long time - Business will realize that they can teleconference and do not need to Fly and travel for meetings. - this will force a lot of companies (smaller) to try out virtual meetings

As far as people it will get the same after reaction as say a Hurricane - if it is a Katrina event for them they are going to prepare and alter behavior for a few years. If it is like a hurricane that the weatherman hypes up and end up being a nothing burger for them - well they are not going to believe the next one