Musclecar prices and the possible recession

[70 copo]

Originally Posted by 427TJ

Sorry to hear that Mark. The next two weeks will be crucial as to how the virus effects us here in the U.S.

Absolutely.

Beaches in Florida are packed today with spring breakers.

Taking it seriously will definitely flatten the curve.

[Lynn]

Originally Posted by Zedder

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.

Mark:

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.

[Crush]

Originally Posted by Lynn

Mark:

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.

These are sage words. I have 5 kids in their mid to late 20’s and I have found myself really having to stay positive and solution oriented with them.Like many on this site our age has given us lots of scare tissue from economic events. Wars, recession etc. They will continue to plague our society at importuned times. As such we must pull together because this to will pass. I find strength in friends, family and faith during these times. I trust this group will lead from the front during this and this thread, in less then 8 weeks,will be much different!

[EZ Nova]

Originally Posted by Zedder

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.

Mark sorry to hear that. I too run a small family owned/FINANCED company in SW Ontario. Supposedly the governments are putting something to help us out, as well as regular people/employees. Were more building-trade oriented and Ford says construction site will stay open. My staff is asking for short days or a 2 week shutdown? I too can't really afford a 2 month closure or shortage as the "extra" $$$ that are in the markets has been lost.

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.

[BJCHEV396]

Idiotic Video link deleted per member request!

[70 copo]

Originally Posted by BJCHEV396

Sorry,I dont get it!

I think you can contact the two guys who did the spoof video and let them know.

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.

[Zedder]

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...

[Lynn]

Here here!!

[Lynn]

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.

[Hotrodpaul]

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...