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Thread: Virus Economic Effect
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April 5th, 2020, 12:09 PM #11
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April 5th, 2020, 12:27 PM #12
Re: Virus Economic Effect
I predict that some “furloughed” workers, will stay furloughed. Companies will use it as an opportunity to rid themselves of the unproductive dead weight employees they were carrying pre COVID19.
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April 5th, 2020, 01:00 PM #13Grand Member
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April 5th, 2020, 09:32 PM #14Grand Member
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April 9th, 2020, 11:36 AM #15Member
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April 9th, 2020, 11:39 AM #16
Re: Virus Economic Effect
For some people little may change. The ones still able to work. Those that are not allowed to work will come out of this behind. They at best will have some back bills to catch up on.
troll Free. It's all in your mind.
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April 10th, 2020, 10:17 PM #17Member
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Re: Virus Economic Effect
COVID 19: Absenteeism —
the absent word
The world’s media coverage of the potential political and social consequences of the pandemic so far has been painfully inadequate in sharing the most essential and pertinent information that should be the public’s right to know. We should all be armed with a clear idea of how individuals, communities, and the world might be impacted, and what forward planning entails. The WHO seems to be buckling under political and economic pressures rather than fulfulling its mandate. The US CDC’s responses have been ambiguous, as they kow-tow to politicians and bankers rather than focusing on the public’s well being. The media seems to be sorely lacking in investigative chutzpah. And, most surprisingly, there is one immense implication that is glaringly absent in today’s narrative:
Absenteeism.
While we’re hearing how absence from work is already impacting on economies and the stock market, the full potential impact of absenteeism is not being touched upon. Of course human deprivation under quarantine and travel restrictions is important. So are job loss, debt default, economic recession, the difficult trade-offs between human freedoms and new restrictions, and much else. We’re now seeing the deaths of a few doctors that remind us that our ultimately fragile medical infrastructures are geared for diseases we know — not mass treatment of diseases we don’t know. The tipping point would be if besieged healthy medical staff increasingly walk away from their work, deeming the risk too great.
So why would absenteeism — simply not showing up for work — ultimately transcend every other concern?
Because nothing would be more dramatic or crippling to our global infrastructure. At every workplace on the planet, when enough people don’t show up for work — even if it’s a one-man band — essential services and production stop.
In today’s hyper-connected, unimaginably complex globalised world, we’re already seeing the early consequences of absenteeism. A number of large manufacturers have announced that they will be closing their factories owing to a shortage of essential components. China manufactures components for just about everything that is made today, and is in virtual lock-down with a large percentage of its factories at every level of the world economy. But where does the greatest danger lie? Most everybody by now has heard the term “just in time”, which refers to the fact that these days very few goods are overproduced and warehoused. Instead they’re made on demand, with little or no regard to surge capacity if the need arises. The just-in-time policy is very efficient and cost-effective when everything is running smoothly. Then along comes a new virus and in no time the entire system can be knocked off kilter. Globalisation means that just enough bits-and-pieces for everything are made and shipped everywhere.
Through the carefully modulated media, the public is being prepared to anticipate some short term shortages of pharmaceutical products, and other goods, and told that it might not be a bad idea to buy a few extra jars of peanut butter and packets of rice when you next go to the supermarket. If we look a little deeper into the daily news, we’ll see that instances of food hoarding and looting are already taking place in areas under quarantine situations. Panic is starting to overwhelm rational thought and civilised behaviour.
Things would really begin to get critical if essential social services and infrastructures started to break down, and basic necessities became scarce or unavailable. Societies function because of a tacit obedience to the Rule of Law. Without it comes anarchy and chaos. The same dynamics apply to supply chain disruptions that start, say, by creating a shortage of vehicle parts and medications as we are seeing today. Unfortunately, this also applies to power grids. These comprise millions of pieces of manufactured goods, large and small, that are constantly being repaired and replaced on a daily basis. They extend in an infinitely complex web all around the planet. For the lights to stay on, the water to keep flowing in the pipes, and the toilets to keep flushing, these millions of parts and millions of workers need to be on hand. If the parts don’t show up just in time, all the dials aren’t tweaked, and all the buttons aren’t pushed, because enough workers are not on the job, the system collapses. If the trucks and cargo ships were to come to a halt, so would shipments of oil and coal that are essential for power. The internet, incidentally, is as fragile as the energy grids. It would take little to knock it over, and to lose our medical and banking records and, of course, very much more.
If many factories closed, businesses failed, and primary goods couldn’t be delivered, the consequences would be catastrophic. However, those of us who remained to pick up the pieces would eventually create new societies. But we must not forget the 450 operating nuclear power plants around the world. What would happen if their highly-specialised workforce, with scant redundancy, didn’t show up for work? A nuclear power plant can’t be disabled with the flip of a switch. The effects of a rogue shutdown would have repercussions that would last orders of magnitude of time longer than that of bacterial decomposition or the molecular breakdown of cement, steel and plastic.
Radioactivity would create dead zones, continuing to contaminate for tens of thousands of years.
It’s worth talking about the worst case scenario as we face — or don’t face — what may turn out to be the greatest challenge our civilisation has ever seen.
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April 11th, 2020, 02:42 AM #18
Re: Virus Economic Effect
Not one mention of the debt.
Listen to the scientists.
Now that’s the definition of dystopian.
You are living every scientist’s answer to global warming.
You’ll call the police on your neighbor if they don’t comply to your satisfaction.
Those who trade freedom for the illusion of safety shall have neither.
Suddenly the fake news is nothing but credible.
I am not worried. Jesus Christ is my lord and savior. Trust the plan, God’s Plan.
You can laugh at me, but your probably worried. You don’t have to be. It’s not too late.The Gun is the Badge of a Free Man
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April 11th, 2020, 07:46 AM #19
Re: Virus Economic Effect
Confessions Of A Sado-Maso Sex Worker In A Time Of Coronavirus
https://www.zerohedge.com/health/con...me-coronavirus
Fri, 04/10/2020 - 23:20
When we say the coronavirus impact to the economy is hitting everyone - we mean everyone. And we mean hitting.
Economic Impact of Covid-19.jpg
It's not just your local small business that has been crippled by everybody "staying the f*ck home" over the last month, but also your local sex worker.
One dominatrix, who has worked in New York for more than six years, recently shared her story with the New York Post.
Aviva Diamond, as she's called, specializes in slave training, humiliation and foot fetishes. She's learning that a pivot to online sessions as a result of the coronavirus lockdown is turning out to not quite be the same as in-person work.
She said that her clients started to get concerned in mid-March, questioning whether it would be safe to meet and whether their pre-planned business trips to New York were going to happen.
Since then, she has suffered from "thousands of dollars of cancellations" and has no physical sessions scheduled for the foreseeable future. This represents a large delta from the eight to 15 hours of in-person sessions she was taking in a week prior to the virus outbreak. Those in-person sessions made up 90% of her income, she told the Post.
Diamond confessed:
"It’s been a challenge for me to make this shift from mostly in-person sex work to exclusively operating online. I am producing more femdom videos, adding content to my online subscription platforms like Onlyfans, promoting and expanding on social media, and offering phone and Skype sessions."
But she bemoans the fact that online sessions are sold at a fraction of the rate of her physical sessions, so she has to "hustle harder" to make less than she was making prior.
And then there's the obvious: there's no real substitute for physical contact when it comes to being a dominatrix.
"I’m concerned about the long-term economic effects this will have on me. Luxury experiences are one of the first things people stop paying for during a recession, so my work is likely to be jeopardized for many months," Diamond concluded.- bamboomaster
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April 11th, 2020, 09:44 AM #20
Re: Virus Economic Effect
.
my son's father in law is a snap-on tool dealer and this is a normally very busy Toyota dealer he services in NJ he took pictures of on April 5th
Ecclesiastes 10:2 ...........
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