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Coronavirus (political)

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Old 04-15-2020, 10:49 PM   #1
mredskins
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Re: Coronavirus (political)

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Originally Posted by Buffalo Bob View Post
I think we have already blown past the damage of the recession of 2008 and quickly headed to match the great depression. There are businesses killed off by the last recession that to this day have never come back, one was the limousine building industry I used to sell my own products to.

Over and above the businesses that did not survive this shutdown, the fall out will take out many others as people behave differently out of fear of being in crowds on top of people that change their spending habits. This is the first time in many peoples lives they have been blind sided by loss of income. Most people who have been fired or laid off saw it coming, this crisis was the exception to that rule. I believe it will cause people to increase their cash savings and rainy day fund like never before. Businesses who cater toward hobbies and entertainment are going to take a big hit as people are going to start saving a huge chunk of the money they spent on those items.
I agree. Interesting to see what happens with youth sports, it was a booming business. Not sure families will have extra cash anymore lying around for Johnnys fancy club team.
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Old 04-16-2020, 06:58 AM   #2
SolidSnake84
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Re: Coronavirus (political)

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Originally Posted by mredskins View Post
I agree. Interesting to see what happens with youth sports, it was a booming business. Not sure families will have extra cash anymore lying around for Johnnys fancy club team.
Youth Sports are probably done for, at least until we get a vaccine. So i've been meaning to post this question for a while now, just to get your input, but what businesses / industries in America do you think will be permanently gone / forever changed? I'll give you my quick list:

Gone:
Youth / High School Sports (Until we get a vaccine)
Cruise Ships
Beach Resorts
Theme Parks
Movie Theaters
Every retail store that isn't Wal-Mart or a Grocery Stores

Permanently Changed:
Restaurants - dine in will never be allowed again
School - Schools will go to all distance learning until we get a vaccine
Grocery Stores - in person limit, rationing of certain items will continue for next several years
Travel - People will not be able to leave the USA unless it is proven to be for essential work, etc.
Public Parks - family gatherings, BBQ's etc will no longer be allowed
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Old 04-16-2020, 09:12 AM   #3
Buffalo Bob
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Re: Coronavirus (political)

Quote:
Originally Posted by SolidSnake84 View Post
Youth Sports are probably done for, at least until we get a vaccine. So i've been meaning to post this question for a while now, just to get your input, but what businesses / industries in America do you think will be permanently gone / forever changed? I'll give you my quick list:

Gone:
Youth / High School Sports (Until we get a vaccine)
Cruise Ships
Beach Resorts
Theme Parks
Movie Theaters
Every retail store that isn't Wal-Mart or a Grocery Stores

Permanently Changed:
Restaurants - dine in will never be allowed again
School - Schools will go to all distance learning until we get a vaccine
Grocery Stores - in person limit, rationing of certain items will continue for next several years
Travel - People will not be able to leave the USA unless it is proven to be for essential work, etc.
Public Parks - family gatherings, BBQ's etc will no longer be allowed
I don't think any of that will be gone for good, it will just take a long time to come back to close to where it was, probably many years.

I definitely agree on the middle to high end retail stores getting hit hard. There are going to be a lot of Nordstrom shoppers ending up at Walmart and Target.
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Old 04-16-2020, 09:45 AM   #4
CRedskinsRule
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Re: Coronavirus (political)

Quote:
Originally Posted by SolidSnake84 View Post
Youth Sports are probably done for, at least until we get a vaccine. So i've been meaning to post this question for a while now, just to get your input, but what businesses / industries in America do you think will be permanently gone / forever changed? I'll give you my quick list:

Gone:
Youth / High School Sports (Until we get a vaccine)
Cruise Ships
Beach Resorts
Theme Parks
Movie Theaters
Every retail store that isn't Wal-Mart or a Grocery Stores

Permanently Changed:
Restaurants - dine in will never be allowed again
School - Schools will go to all distance learning until we get a vaccine
Grocery Stores - in person limit, rationing of certain items will continue for next several years
Travel - People will not be able to leave the USA unless it is proven to be for essential work, etc.
Public Parks - family gatherings, BBQ's etc will no longer be allowed
I know this has already garnered several responses, but I am amazed someone/anyone would even write this list. The economic toll on some industries will impact their future, but the rest of these are just beyond bizarro world thinking. Not one thing on this list has a remote chance of being true 6 months from now.

Other than Cruise Ships, every industry you list under gone will be revitalized as the economy is reopened and people can get out of their houses and enjoy leisure activities again.

In the Permanently changed, the only one that has a slim chance of being true is more remote learning for high schools.
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Old 04-16-2020, 10:07 AM   #5
Buffalo Bob
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Re: Coronavirus (political)

Quote:
Originally Posted by SolidSnake84 View Post
Youth Sports are probably done for, at least until we get a vaccine. So i've been meaning to post this question for a while now, just to get your input, but what businesses / industries in America do you think will be permanently gone / forever changed? I'll give you my quick list:

Gone:
Youth / High School Sports (Until we get a vaccine)
Cruise Ships
Beach Resorts
Theme Parks
Movie Theaters
Every retail store that isn't Wal-Mart or a Grocery Stores

Permanently Changed:
Restaurants - dine in will never be allowed again
School - Schools will go to all distance learning until we get a vaccine
Grocery Stores - in person limit, rationing of certain items will continue for next several years
Travel - People will not be able to leave the USA unless it is proven to be for essential work, etc.
Public Parks - family gatherings, BBQ's etc will no longer be allowed

Quote:
Originally Posted by CRedskinsRule View Post
I know this has already garnered several responses, but I am amazed someone/anyone would even write this list. The economic toll on some industries will impact their future, but the rest of these are just beyond bizarro world thinking. Not one thing on this list has a remote chance of being true 6 months from now.

Other than Cruise Ships, every industry you list under gone will be revitalized as the economy is reopened and people can get out of their houses and enjoy leisure activities again.

In the Permanently changed, the only one that has a slim chance of being true is more remote learning for high schools.
I think what is listed under gone will mostly be reduced in volume, like movie theaters. Some will not reopen, others will continue to fall by the wayside as fear of crowds and slashed entertainment budgets will impact the remaining ones.
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Old 04-18-2020, 09:43 AM   #6
CRedskinsRule
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Re: Coronavirus (political)

Quote:
Originally Posted by SolidSnake84 View Post
Youth Sports are probably done for, at least until we get a vaccine. So i've been meaning to post this question for a while now, just to get your input, but what businesses / industries in America do you think will be permanently gone / forever changed? I'll give you my quick list:

Gone:
Youth / High School Sports (Until we get a vaccine)
Cruise Ships
Beach Resorts
Theme Parks
Movie Theaters
Every retail store that isn't Wal-Mart or a Grocery Stores

Permanently Changed:
Restaurants - dine in will never be allowed again
School - Schools will go to all distance learning until we get a vaccine
Grocery Stores - in person limit, rationing of certain items will continue for next several years
Travel - People will not be able to leave the USA unless it is proven to be for essential work, etc.
Public Parks - family gatherings, BBQ's etc will no longer be allowed
so much for beaches/beach resorts being gone/Public Parks being permanently changed:
https://www.huffpost.com/entry/flori...b63639081ed802


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