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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.
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Killer gas prices and real big drop in adjustable rate loans.
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$1.59 in my hood now, not a good thing , never thought I would say that.:confused2: Mike |
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? |
total liquidation today
stocks- bonds and gold were all sold today. Probably margin calls
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Joking. Cream is important! /Rich |
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.
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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: |
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. |
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Does anyone know what the over/under is on the BBQ? :)
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That's funny!
On a good note, not out of Jameson and Guiness at the stores, 1st floor remodel full steam ahead, my Camaro is still worth more then it was fifteen years ago, according to Haggerty anyway. Sucks 814 alternators aren't coming down in price. I guess not accepting tp rolls as barter just quite yet. Heard a big sale on hand sanitizer down in Tennessee. Eighteen thousand bottles need gone quick?? |
I heard on the local news that some people who "over purchased" are now donating some items to those in need
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I guess some find this situation funny...
I laid off 20 people today...retail customers keep cancelling orders for store fixtures. Likely will lay another 20 off next week and be totally shut down by the end of the month. The 65 year old woman crying in my office was the most difficult part. Her retirement investments are in the shitter and now she has no job. I hope this doesn’t last more than a few months or a company that has been in business since the 1920’s might go under. |
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Beaches in Florida are packed today with spring breakers. Taking it seriously will definitely flatten the curve. |
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This is so sad, and I am sure EVERYONE on this site feels pain for you and everyone else affected. My whole life, I have dealt with most situations by finding humor (kind of like the Docs in the original MASH movie). It can't help that I grew up reading MAD magazine. It is how many of us deal with difficulty. I know that when guys like me post what we find to be humorous it is simply a coping mechanism. Even when I was going through my prostate cancer journey, I used humor as a diversion. You wouldn't believe some of the things my own family said to me, just trying to be funny. I gave it right back to them. I assure you, no harm is intended. Our son JUST started a new job and got the word today that they are now closed for at least four weeks. Both of his room mates are also in the service industry, and got the same messages today. They are all three in their 20's and don't have a lot of savings to fall back on. Our non-profit (the museum project) is having to reschedule our FIRST fundraiser because the Oklahoma History Center (where we were planning to gather on April 21) is closed. Our keynote speaker is the Lt. Governor. Now I have to try to get his schedule aligned with the History Center schedule, and most all of the fall dates are already taken. Even in all of this, the jokes will be flying in our household. That is just how we deal with it. I hope you understand that. On another note with regard to this: "Her retirement investments are in the shitter..." I honestly believe things will bounce back. Yes, there will be some businessis that don't survive; but most will. The markets were overdue for a correction anyway; they just way over corrected. The underlying strenght of the U.S. and Canada will pull us right through. In time, we will be even better off. Easy to say, but keep your head up buddy. I would hate to be in your shoes having to lay off the good and decent folks who work for you. I am certain it just breaks your heart. |
Thanks guys. Listen, this is just financial at this point and we all can deal with that with time. The real hardship is still coming when we lose friends, colleagues and loved ones. Let’s just pray that our medical folks find something to lessen the impact of this virus sooner rather than later...
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Here here!!
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I would hope we can all be respectful of others opinions. This will likely get worse than it is right now before it gets better. Personally, I think much of what is being done in Oklahoma is an over reaction. But, I am willing to go along.
Personally, I also don't think the U.S. and Canada will experience much loss of life. However, I certainly respect those who believe we will. None of us has a crystal ball. |
The machine shop I used to run here in Tomball Tx just laid off the night shift and reduced the rest of the employees to 32 hr/week. I am sure the layoffs are coming in the oil sector as well. All this has a trickle down effect on the economy with people in survival mode not willing to spend money on unnecessary items. I still think the right muscle cars are good investments if purchased properly and the Porsche 911 market has been doing well. Personally, If I find the right car, I restore it to relive the time when it was new, and to remember my youth. If the value improves, that's just icing on the cake...
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We are looking at stuff basically as it goes. Will talk to staff Friday afternoon for next week stuff. I have maybe picked up to more jobs sites this week. Met with 1 builder yesterday as he's not too happy with current supplier, so gave us a shot to quote it. And meeting a new builder probably Friday for another site. But the government is supposed to be rolling out some financial help. Lets see where it goes. Maybe that can help both you and your employees enough to just scrape by till the turn around comes. |
Thanks EZ. Best of luck to you and your employees too!
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Here are the latest raw numbers regarding the CV-19 illness across the globe.
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The death rate from seasonal flu is typically around 0.1% in the U.S
If the death rate was for same for CV19 as it is for seasonal flu then only 203 people would have died, not 8141. Let that sink in for a moment to understand why flattening the CV-19 curve by social distancing, business closures and staying at home are so important |
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US Border with Canada now closed.
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One variable not factored in to US statistics are the # of people who are infected that have not been tested (due to lack of kits or symptoms). Hopefully the death rate will drastically drop. |
In prep for letting folks return to action, maybe screen for “everything”? This would identify and alert those w/vulnerable conditions of all ages who should still lay low.
https://health.gov/myhealthfinder/to...s/get-screened |
Cant understand why they keep saying the infection rate is going up by the day , when they are now testing and thats obviously why ...did they expect it to go down with testing ???? the good thing is, the more people that are infected really the better for the fatality rate they are claiming is 3% now.
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One of the Restaurants here in town had kept a large area for car hops in the rear about 30 spots in total.
The owner closed for a day and maintained all of the vintage ordering apparatus and put 15 of the stalls back in service right away. Packed today with cars. What is old is new again. Life goes on. We adapt. |
Idiotic Video link deleted per member request!
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The social dynamic and what triggers certain people is interesting however. It is a reflection on the social fabric of our society. We will adapt. We will overcome. The World is not ending. Give the TV a rest. |
Stop giving the idiots who made the video exposure.
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Why not go and edit your quote to remove it. That action will get it off this page of the thread and will minimize eyeballs on it. |
Italy bumbled the response out of the gate, their population mostly ignored government calls for social distancing and are now facing 7% mortality rate...SEVEN PERCENT! Stay home, we gotta get this down by the neck and choke it out.
https://www.ccn.com/coronavirus-deat...-america-next/ |
Absolutely, we can learn from the actions of the mayor of Florence.
The hug a tourist event was pretty over the top. |
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