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-   Supercar/Musclecar Discussion (https://www.yenko.net/forum/forumdisplay.php?f=79)
-   -   Musclecar prices and the possible recession (https://www.yenko.net/forum/showthread.php?t=159921)

markinnaples 03-16-2020 08:33 PM

While panic and overreaction are rampant, killer gas prices are here as I paid $1.88 at Sam's earlier today. It's been a long, long time since that I've seen that price.

the427king 03-16-2020 08:57 PM

Killer gas prices and real big drop in adjustable rate loans.

m22mike 03-16-2020 09:57 PM

Quote:

Originally Posted by markinnaples (Post 1488906)
While panic and overreaction are rampant, killer gas prices are here as I paid $1.88 at Sam's earlier today. It's been a long, long time since that I've seen that price.


$1.59 in my hood now, not a good thing , never thought I would say that.:confused2:

Mike

Astock 03-16-2020 10:07 PM

According to professor Chris Whitty, top expert in disease (England's chief medical officer, and UK department of health's top scientific adviser) said a few hours ago, "mortality rate might be 1% or less". That's 1 out of 100 chance of dying from the viral infection, if you even get it.

Just pissed off since yesterday, after leaving the supermarket, and seeing and feeling the panic. Sheep scurrying for their lives, trying to stay up with the herd of other scared sheep. So ridiculous!

Btw: The first community acquired C-19 reported yesterday in Orange County. There's like 3.5 million plus that live here, yet the shelves are empty, and I still don't have cream for coffee in the morning?

purple panther 03-16-2020 10:39 PM

total liquidation today
 
stocks- bonds and gold were all sold today. Probably margin calls

69LM1 03-16-2020 11:09 PM

Quote:

Originally Posted by Astock (Post 1488934)
Just pissed off since yesterday, after leaving the supermarket, and seeing and feeling the panic. Sheep scurrying for their lives, trying to stay up with the herd of other scared sheep. So ridiculous!

Btw: The first community acquired C-19 reported yesterday in Orange County. There's like 3.5 million plus that live here, yet the shelves are empty, and I still don't have cream for coffee in the morning?

Now yall know what it's like living in the south during hurricane season! :)

Joking. Cream is important!

/Rich

Astock 03-16-2020 11:29 PM

We took two direct hits from Frances and Gene months apart in 04, after 3 months of living in Fl. The 68' Harry Mann Camaro came 3 feet away from being crushed dead center, by a 100 year old oak. Hurricanes are inconvenient, to say the least.

Crush 03-16-2020 11:51 PM

Back to the topic of this thread. I was talking with my 25-year-old son tonight who is a professional automotive photographer, And an absolute car nut! Him and his buddies are mostly interested in some of the older European cars like Nissan GTR’s, Datsuns even some V dubs as well as Porsche, Ferrari etc.. lots of his buddies are buying these, along w Supras etc and fixing them up. They are not interested in “ muscle cars” except for a few Vettes. Needless to say he has been around and driven a ton of high end cars old and new and just loves the foreign jobs.
PS he’s not panicking about the corona virus either.. good kid!:laugh:

32KZ 03-17-2020 01:32 PM

My son and his wife, both mid 20's, both engineers. Starting off ahead of the curve, he has no student loans, her's all but paid off. Both pretty frugal, but spend smart money. He's into the old stuff, but not so much his inner circle of friends, just too out of reach. Has a pretty clean 90 F150, highschool truck, hanging onto for a future project. And will eventually get the keys to the Z, but I think he's in the minority. I just don't see his generation having the disposable income to keep supporting this hobby, overall. Unless prices start dropping(like old gassers) plus their kid's college prices....my cousin is a pretty successful electrical engineer, talk at his alumni reunion was the fact of trying to afford sending their kids,,to the college they graduated from. Without mountains of debt.

And like yours crush, not panicking corona. Aware, taking preventive measures, more concerned about spreading to certain target groups vs. actually contracting it.

Mr70 03-17-2020 03:59 PM

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Does anyone know what the over/under is on the BBQ? :)


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