From the Star Ledger:
N.J. liquor stores deemed essential, will stay open during coronavirus shutdown
With the coronavirus wreaking havoc on lives the world over, it’s fair to say that everyone is feeling more stressed than normal. Luckily, Gov. Phil Murphy’s order to close non-essential businesses in New Jersey won’t stop you from taking the edge off with booze while your self-quarantine.
Murphy deemed liquor stores among those essential businesses in his executive order. So whether you’re making a quarantini, sipping some social distancing sangria or just cracking open a by yourself beer, you’ll be able to get it at your liquor store.
We’ve produced and given away something like 2000 bottles of hand sanitizer so far. First responders from all around North Jersey stopped buy to grab some. We’ll probably give away 2000 more today.
We are going to run out of containers to package it in before we run out of alcohol. Small cosmetics bottles and especially the tops, are in short supply as most all of these come from China.
Good morning, all. :)
NJ medical marijuana dispensaries are also deemed essential. Smoke up!
I watched a few foreign videos on the outbreak. One from the prime minister of Singapore last month and a recent one from an immunologist in Australia.
https://www.youtube.com/watch?v=2qfU37wLjmQ
https://www.youtube.com/watch?v=HhVhIVX_xk0
Basically, Hong Kong, Singapore, and Taiwan have been waiting for this ever since SARS. Not just from a government standpoint but from a populace standpoint. The second the outbreak occurred, people in these areas were wearing masks which was symbolic of the fact that people there were practicing social distancing and isolation before a major problem was even allowed to occur.
Also, the prime minister was calling it Wuhan Pneumonia.
Grim
Are people allowed to bring their own containers in nj?
I read some distilleries on the west coast were making hand sanitizer for free but people had to bring their own containers
NY building temp hospitals and request help from federal gov. Stony Broook, Westbury. Westchester and Javitz
Where in NNJ are they planning for such use? Soon we might need them
FFL’s should be essential businesses.
Thanks for your service Grim
https://magazine.realtor/daily-news/2020/03/20/strong-february-sales-point-to-market-s-sound-foundation
NAR’s Yun 2 days ago: “Home prices not expected to drop.”
Way to go Grim!
Light at the end of the tunnel, antibody testing coming.
“San Miguel County in Colorado announced this week it plans to test everyone in the county for COVID-19. And they’ll be using a blood test rather than the usual nose-and-throat swabs.”
“A company called United Biomedical Inc. will do the analysis. The Colorado Sun is reporting that a couple, Mei Mei Hu and Lou Reese, are paying for the testing. They’re part-time residents of Telluride and Hu co-founded UBI. ”
https://www.wyomingpublicmedia.org/post/who-has-covid-19-one-colorado-county-offering-blood-tests-all-its-residents-find-out#stream/0
Quick test kits that can even be done at home are coming, about 4 weeks out.
https://www.youtube.com/watch?v=bqkqUkZljFs&feature=youtu.be
Maybe some people will start to wake up and realize how important it is we have a strong manufacturing base in this county.
“ No doubt Americans will look back on this current crisis as the moment the country collectively learned its lesson ‘the hard way’ about the dangers of over-reliance on Chinese manufacturing, or sending the vast majority of our manufacturing abroad anywhere for that matter.
“The critical shortage of medical supplies across the U.S., including testing swabs, protective masks, surgical gowns and hand sanitizer, can be tied to a sudden drop in imports, mostly from China,” Associated Press reports after a new investigation. ”
https://www.zerohedge.com/markets/vast-medical-supply-shortage-will-be-moment-americans-wake-danger-overreliance-chinese
Supply chain geniuses all caught swimming naked.
I laughed at GM making ventilators. Anyone that has any knowledge of manufacturing knows that it’s complete bullshit, they are trying to get government money.
Molds, dies, circuit boards, displays and keypads, machinery, motors.
None of this is made in the US anymore, and GM certainly doesn’t have the equipment to make any of the important bits.
Germany has now banned gatherings of more than 2 people. Merkel is in quarantine after a doctor she met with on Friday tested positive.
sick doctor I posted earlier is now on Day 14, he has been on
hydroxycholoroquine for several days now and seems to be getting better.
https://twitter.com/yaletung
Some idiot decided to let off some fireworks at 1am in my suburban Bergen neighborhood. Nothing like waking up to the sound of pop pop pop silence, pop pop pop followed by an explosion. I thought the riots were starting up
The problem with making ventilators no matter how good the intention is by gm, is that lawyers will line up immediately to sue. For example Congress has failed to sign any no fault clauses in the repurposing of respirators to hold manufactures from future lawsuits should respirators be repurposed.
What is needed in large quantities is actually not an invasive ventilator with the tube down the throat.
It is what they had the first NJ patient James Cai on…
Nasal cannula-based NIV sold as ARVO, Optiflow.
High Flow Nasal Oxygen Therapy..made by Sunset Healthcare Solutions Inc., Flexicare Ltd., Medin Medical Innovations GmbH, Salter Labs, Smiths Medical, Teleflex Inc., Neotech Products, Fairmont Medical, Medline Industries Inc., and Hamilton Medicals.
FYI James Cai made it and has been released from Hackensack Medical after a 19 day stint on a Nasal cannula-based NIV and meds, but the lung damage has put him on Oxygen machine at home and he is only 32 years old.
https://nypost.com/2020/03/22/new-jerseys-first-coronavirus-patient-released-from-hospital-on-oxygen/
His twitter feed says he was almost intubated and in his case he was treated with Redmdesivir.
“James Cai
@JamesCaiNJNYC
·
1h
I almost didn’t make it when my ABG partial O2 went down to 60.5! Almost intubated that night :(
https://twitter.com/JamesCaiNJNYC
Another sick doctor in NYC posting on twitter.
https://twitter.com/jigneshpatelMD/status/1241399204938907648
Here is the process to get a compassionate use waiver for Remdesivir from Gilead.
72 Hours!
https://twitter.com/PCH_SF/status/1239726406902239232/photo/1
We’ll, I officially know someone that tested positive. She lives in nyc. 67 years old.
My wife was in disbelief when I told her that the drive-through testing is open 8AM-4PM only.
We discussed this in the context of me feeling sick all of a sudden and popping a 99.5F. Then we laughed about all the doorknobs I touched and food I prepped. Would be nice to have the 10-15 min kits one can do down the block like Korea.
Boomer that is not factual. The South Koreans can only run about 20,000 PCR tests a day and it’s not 15 minutes it is a 1/2 day turnaround which is inline with the 316,664 tests done so far out of a population of 50 million.
Latest news tells us there may be more than one strain possible of this stuff with the european version that seems more fatal to younger men.
And the mad rush of hypochondriacs to the testing sites is no surprise to anybody. There are almost 9 million people in NJ, and a capacity for only a few thousands tests per day.
BCC testing sight reaches capacity by 8:15am.
Making Skyline (copycat chili) using Beyond ground meat. It smells the same. We’ll see how it tastes in about an hour.
Bodybags coming soon.
And BTW pay no attention to our virtue signaling Governor and his lame efforts. When all is dead and buried the Dems are going to get taken to the cleaners on this.
Should have known?
“if a coworker repeatedly harasses you by claiming that Asian people caused COVID-19 or calling this ‘the Chinese virus,’ your employer must take reasonable action to stop the harassment if they knew or should have known about it,”
Tonight am making shrimp with a honey, garlic and soy marinade with rice and veggies.
Honey is from a bee keeper friend in NJ a former coworker who was laid off :(
Sounds good, Juice.
You too bud and I hope you are getting your blood pressure up with exercise, it’s gonna be rough as you predicted soon.
Juice,
The guy that created the blood test is in the city. Scientist at ichan.
https://labs.icahn.mssm.edu/krammerlab/covid-19/
Nomad – one of many great scientists out there….
The Pelosi and Schumer short in full effect- Futures 5% limit down almost immediately after the session began.
Volatility is death, who gets carried out on their shield on 3/31?
Hwo the f**u**ck did Harvey Weinstein get tested?
As an asian myself…asian people did cause the virus. Their markets, specifically the one in Wuhan are a petri dish of live animals on top of one another. If you look at any of the videos of the market, the place is filthy.
Now anyone that takes that out on a domestic resident or even an immigrant is an a*hole and completely ignorant. Even a lot of the people in China have been trying to shut down the markets in Wuhan for years.
Well, if he was in as poor of health as he claims, he’ll be a goner.
Blue – Our genes make us tribal, but the messaging from both sides and all tribes is abysmal, it brings out the worst in us as humans. I have a coworker from Taiwan, he was there over the holiday break, and many people at work got sick in January at work that tested negative for the flu. The mind works in predictable ways. I am hoping for the antibody test now. It will calm the population, it is more important than the PCR test, but being tribal may long term cause more issues.
I am also praying that cooler heads prevail when shots are fired, and if the worst predictions are correct there will be blood.
Apparently Senator Rand Paul went to the gym and pool this morning gotta love our political class. Who dies first? Time for a death pool? As morbid as it sounds there is money to made.
Murphy shut down the NICS background check system. No one can buy or transfer guns. You can’t even lend your neighbor a shotgun without violating the law. Mandatory 5 year minimum prison sentence. 2A groups can’t even bring them to court. Courts shut down.
D-FENS if you get sick it will be your family and friends that caused it. Who do you want to cap first? I am sure you got plenty of what you need so how about go out and donate a pint of blood and chill, you will be fine ammo will protect you from god right?
Juice,
The point isn’t wanting to shoot someone for getting you sick. The point is, the second amendment has been halted for anyone who doesn’t already own.
Your previous posts are the ones that say blood will be in the streets, the worst is yet to come, the death toll will be high, etc. Some people may want to have a defense they can be responsible for if things get bad. Not all places have in town cops. in the areas of new Jersey that are covered by a state trooper barracks 30 minutes away, that may be a nice piece of mind.
People don’t buy guns because they are afraid of their neighbors or their family. They buy them because they are afraid of their government.
Juice Box says:
March 22, 2020 at 8:40 pm
D-FENS if you get sick it will be your family and friends that caused it. Who do you want to cap first? I am sure you got plenty of what you need so how about go out and donate a pint of blood and chill, you will be fine ammo will protect you from god right?
Or lack thereof
You are wasting your money.
JB,
“Pelosi and Schumer short”..thats rich. I hear that Moscow Mitch and his merry band of corp R whores did not even draft it with Dems yet they want them to pass it asap. Real good work, Turtleface
Rich? Let’s see some legislation, as you know I read the stuff as a hobby looking for the pork. The Italian Grandma and Chuck are done. Find new leaders now for everyone sake predictions are body bags this week.
I agree, lets see the bill. If it does not contain guaranteed sick leave and restrictions on stock buybacks then Chuck and Nance did their jobs. Trickle down is a failure. Dumpy had to admit that his tax cut failed to produce investment he expected. People can’t trust Moscow Mitch to do a dn thing for them
Juice, frankly I think our political class has access to things we don’t as average schmucks. It strikes me that if you can get Remdesivir within a day of showing symptoms you can probably avoid the worst of covid(ARDS). The compassionate use angle seems to come as someone is dying or at least in severe condition. I don’t see infected politicians dying….just my thought.
On Weinstein, d-bags like that live to 100, he’s going no where.
Anyone explain the surety bond market to me? I understand that it is used in construction but what drives good times or bad times in that space? Would now be bad? I ask bc dbag college acquaintance on FB never stops bragging that he is a CEO of surety company. In reality, it looks like it is branch office in podunk PA town. He talks about his love of capitalism, his Audi A3 and the landscapers cutting his lawn like he is some special ultra rich case. I know he sold mortgages up until 2007 so mostly one of those slimy sell anything types. Quite a liar.
Like any other bond – surety bond company posts bond, saying you are good for a certain amount.
In 99.99% of the cases, they get paid their fee, and never pay out anything.
In 00.01% of the cases, the bonded goes south, and they are stuck ponying up the cash.
Then they go after any assets they can.
Heads I win, tails you lose.
For example, we need to post tens of thousands of dollars worth of surety bonds to the federal and state government because we make alcohol.
The bonds cover tax payments owed. We pay a few hundred dollars a year for the bonds. I don’t believe it’s even possible to self-bond in this case. I wish I could, I’d save a fortune.
Rarely has anyone gone so far belly up that they couldn’t pay their excise. Hell, it’s a federal crime punishable by prison, so why would they?
News on the origin of the virus
https://twitter.com/ezralevant/status/1241965161872625666?s=21
Leadership! unlike Grandma and Chucky!
Federal Reserve to lend up to $300B to businesses, cities
In a series of sweeping, aggressive steps, the U.S. Federal Reserve will lend to small and large businesses and local governments as well as extend its bond buying programs.
The announcement Monday is part of the Fed’s ongoing efforts to support the flow of credit through an economy ravaged by the viral outbreak.
Juice box- re: Weinstein. $ to 🍩 his test is (likely fake and) being used to isolate him from general population. Otherwise, if he knows any HRC dirt…his dirt-nap is coming… time will tell.
Pick on Pelosi and Schumer for what exactly? What about McConnell? When you need 60 votes to pass a bill and you don’t have 60 votes in your caucus, perhaps working across the aisle from the start would have saved time?
As for the fed, about f*cling time. This should have happened about a week and a half ago.
You call that leadership Juice?
Market will finish max down today. Mark my words.
This is becoming less about the REAL economic damage and is now entering the realm of the psychological impact of the disease on the citizenry. Send the stupid $1,000 check out and guarantee REAL assistance to small businesses AND large. Don’t just talk about it.
Obviously the partisan narrative will be, we tried to help, but the Dems wouldn’t agree. But the REAL story is, the Republicans refuse to work with the Dems and the package is way to small.
If you can borrow a trillion to juice businesses in the greatest economy ever. Then you can certainly throw a trillion at Main Street.
Complete and utter failure of leadership with both parties, but I blame the President mostly because he has no ability whatsoever to allay fears. What kind of person sends out blame tweets about utter nonsense at a time like this? He really has the mentality of a 2nd grader.
30 year, you are misinformed.
How many Dems crossed the isle? None it seems…: “Never let a good crisis go to waste.”
“The final vote tally was 47-47, well short of the 60 votes needed to advance the bill. Republicans hold a 53-47 edge in the chamber, although several GOP senators, including Rand Paul, who had tested positive for the coronavirus, were not present to vote. Others, such as Sen. Mitt Romney of Utah, were in quarantine as a precaution.”
https://www.cnbc.com/2020/03/22/coronavirus-stimulus-congress-struggles-to-reach-a-deal.html
JCer,
After Country Wide, there is no doubt that politicians can get whatever they want. A little Roche love to a practicing doctor (which Rand is) who can write his own scripts is a non-brainer. Way easier to get away with than a sweetheart loan.
honestly let us not take care of all non-US registered cruise companies. They are not essential.
Lets take over the airlines, but in one umbrella, Air Force Airlines shall we say, but why pay multiple C-levels, multiple IT systems, lawyers etc. Eliminate the quotas and break them up later when all things change.
Lets take care of hotels, schools, small businesses but the priority should come for the funding the unemployed, medical needs and the majority of the people, not the the shareholders only. It is not just about the money, it is about principles. If they do the same as GFC, this depression would only be delayed by 1 day nothing else.
This is becoming less about the REAL economic damage and is now entering the realm of the psychological impact of the disease on the citizenry.
The media is doing a wonderful job of fanning the flames of disaster.
How many of you fools dipped your toes into the water?
Wait for the Dow 17K and the bodybags.
We are SO MUCH WORSE than Italy.
Eddie. What do you want? The media to lie?
Juice,
What exactly am I misinformed about. Bill can’t pass without agreement between both sides. In order to get that to happen McConnell needed to include Democrats in creating the bill. This is the source of the delay.
For those who still don’t understand the calamity of the math behind the lock-down should try to read https://medium.com/@Jason_Scott_Warner/the-sober-math-everyone-must-understand-about-the-pandemic-2b0145881993
We are dealing with not enough ICU beds and ventilators, at the current point 2-5% of the patients will have the resources they need. That will be massive number of losses which will clog everything you got already.
Airline rescue as part of this Senate Bill is 29 billion with a guarantee to not layoff anyone until Aug 31st. That is a pretty good deal considering what is going on second-quarter revenues are going to fall 80%. That means bankruptcy otherwise and perhaps 500,000 + layoffs.
Buying time is all we can do until we find some magic bullet treatment for this, and a vaccine down the road.
Fast Eddie
The surgeon general said today things are about to get real bad and if people don’t take social distancing and other steps seriously other major cities across the US will turn into NYC. Is that fanning the flames?
Did you see the photos of Coronavirus patients in Madrid laying on the floors of hospital hallways? It’s online in nypost. That will be nyc in a few weeks and other major cities in the US in end April beginning of May if people don’t take measures now.
No country outside of China and a few other Asian countries has taken this seriously enough. They keep taking slow, measured steps. None saw how bad Wuhan was and thought this will be us in March or April if we don’t do something. None ordered their manufactures to make more masks and ramp up production of meds the Chinese were using that showed promise.
30 year what does Pelosi’s proposal wipe off $10,000 from anyone who owns federal student loans, as well as election-security funding have to do with this crisis?
Grandma and Chucky need to go, and when do we get to hear from Biden after he wakes up from his nap?
We also had to deal with misinformation coming out from China and the World Healthy Organization going along with it. They spread deliberate misinformation about transmission and were opposed to travel bans.
Here’s just a few of their messages with dates:
An animal source seems the most likely primary source of this novel #coronavirus (2019-nCoV) outbreak, with some limited human-to-human transmission occurring between close contacts. – Jan 19
To date, new #coronavirus (2019-nCoV) person-to-person transmission outside of #China has been limited. – Jan 30
““Although travel restrictions may intuitively seem like the right thing to do, this is not something that WHO usually recommends,” said Tarik Jašarević, a WHO spokesperson. “This is because of the social disruption they cause and the intensive use of resources required,” he added.” – Jan 31
The people who have symptoms are causing the majority of the spread -Feb 5
“But this #coronavirus is not influenza. With the right measures, it can be contained.
That is one of the key messages from #China. The evidence we have is that there does not appear to be widespread community transmission”-@DrTedros – Feb 2
Estimates are 2 million Americans will file unemployment claims this week.
If you look at the links I posted yesterday, Singapore, Hong Kong, and Taiwan all have had protocols in place since the early 2000s since SARS. The populace immediately practiced social distancing without government orders. They also shut down travel pretty quickly.
2 million, just one week into the crisis. These are all small-businesses. Just wait for the big business layoffs. Gator has a call later this afternoon from her company to discuss possible furloughs, layoffs, etc. I am safe for now as curfew in India has just made our NY team’s much more valuable.
“This is a tremendous opportunity to restructure things to fit our vision.”
https://townhall.com/tipsheet/reaganmccarthy/2020/03/23/clyburn-disrupts-pelosis-narrative-n2565499
Dire predictions and speculation are shite.
Facts: 14,000 Americans dead so far this season from the “normal” flu, and 40,000 Americans dead every year prior. We have 300 dead from coronavirus.
The sky is not falling.
D. – That article, written in a far right blog/rag is completely devoid of any information.
How stupid are you to even bother positing it?
I’ll summarize it for everyone in three sentences.
1. I, the author, am so far right, I can feel the left on my right shoulder.
2. Though there is no evidence of the two parties working together, the stuff the Dems put in made the bill unpassable, mainly because the Dems are against America.
3. We found a Democrat who used the pronoun “our,” which is why many Republican’s didn’t support it.
Go back to what you are doing, but not before seeing this.
https://bipartisanreport.com/2020/03/13/eric-trump-caught-deleting-embarrassing-tweet/
Joe,
When it hits 100,000 will you admit you were wrong? We are not even in the first inning and you are throwing around math like you understand it.
Yep, but most are old people and they are at the stage of life were aggressive intervention is not pursued.
Wuhan Cooties does the same, but is way more contagious and because its acuteness and the fact the doomed Boomers about to be “removed” have not come to term with the concrete wall they are about to hit, this society throws everything and the kitchen sink at them.
Now, if we do like the Chinese Communist Party and weld off houses and apartment complex and let “god sort them out”. Or the Italian way of grandma, you live a great life and thanks for all the pasta, but not aggressive care past this point.
But we have not come to term as a society with where is the line and who is going to draw it, and that what the Wuhan Cooties is asking of you? Along with reminding you that the last 40 years of economic ideology (aka -globalization, neo-liberal economics, screw the working class, etc) were a total success in creating the mess that we are in now.
Estimates are for 200K dead from this flu alone. Then there will be all of the other deaths from an overloaded healthcare system. Already my son’s scans are being delayed. Heck, he is sick right now and I am not taking him to the doctors because I am not stupid like you.
Trump is going to hang for this.
Wow! The party that throws the death panel threat around like it’s rice at a wedding, all of a sudden feels it fine to play the grim reaper.
Do you realize how asinine you are?
More predictions, estimates, and speculation. Worthless.
Apologies for introducing actual facts into the discussion.
Return to your normally scheduled hysteria and fear mongering.
Joe Black, do you believe the earth is flat?
Montenegro is now publishing the names and addresses of those who are infected to shame them to quarantine.
Fact. Joe black is a troll or cannot understand the concept of exponential growth.
30 Year Realtor,
I believe in facts, not speculation or predictions.
Facts: 14,000 Americans dead so far this season from the “normal” flu, and 40,000 Americans dead every year prior. We have 300 dead from coronavirus.
See Table 1, halfway down the page:
https://www.cdc.gov/flu/about/burden
If you dispute these facts, please elaborate, and cite your sources.
No speculation, no predictions, no guesses — just facts.
Stock market will come back subject to how the government aid/Fed efforts evolve. But not to it’s previous highs as it was over inflated. Real estate in my opinion will be hammered. People will think twice before signing on to a big mortgage and tax bill.
Joe Black,
Are you familiar with Dr. Anthony Fauci? Have you listened to what he has said about this virus. I am not as smart as Dr. Fauci, but I am smart enough to know that his has been correct in his projections to date and to trust in what he says going forward.
Your flu facts are likely correct. What does the flu have to do with the matter at hand?
3b,
Big, expensive homes have suffered the most in the last couple of years. They will also suffer the most as a result of lessons learned from our Corona experience.
They can’t really keep everyone home for very long. People have to start getting back to work. I think it will happen in phases…with the youngest going back to work first. Cloroquine or some other drug will make this treatable…
Boomers…a high risk category…may be asked to make a sacrifice for the good of the country. I believe they are patriots and will rise to the occasion. Some unknown subset of them will get sick and tragically die.
But it might get a lot worse before it gets better.
New York City will not be back to work anytime soon. As density plays into the spread of this virus, the population/business centers will be hardest hit.
Why is the economy more important to so many people than people’s health?
The economy sustains us. We rely on it.
Exponential growth projections don’t mean much when we now have a clear change in traveling policy, workplaces open and general behavior. We are seeing the tail end of the previous growth function and we may see a new trend. The numbers for the next 2 weeks will likely be based off of the existing behavior and policies. Following that, we’ll see what the new numbers look like. The inputs have changed, the growth function will change as well.
30 year,
Are there consequences of severe economic disruption? If yes, do anyone of them include or impact people’s health?
There should be a cost-benefit analysis in everything.
Joe Black.
I really shouldn’t waste my time, but…
How can you compare the average number of anything with this this when we are clueless as to what the final number of CV19 will be?
But here is a projection.
Italy may have reached peak (only after about two weeks of lockdown, I might ad).
53,578 infected 4,825 dead
The virus is a bell curve and Italy is at the top so
Figure 107K confirmed infected and 10K dead out of a population of 60 million. They had the 2nd highest ranking for hospital care in the world and we are ranked 37th.
U.S. pop is 330 million.
Figure 588K infected and 55K dead if all things are equal.
Are all things equal? I think they are not. Not even close. Italians embraced fascism in their checkered past. They are much closer to allowing draconian rules than we will ever be. What kind of a multiplication effect will this cause?
100K dead from the flu is nothing to sneeze at. Plus I would argue the long-term residual damage this flu does (susceptibility to future pneumonia, life on oxygen tank, etc.) is material to the argument.
Enough troll?
Joyce,
I think that comes into play as we deal with the next 18 months. When to ease restrictions and when to begin distancing again. This is going to be an ongoing battle. Many more large decisions ahead of us. This will be a long road.
And even longer if we don’t shelter in place.
How are you defining shelter in place? And what is the criteria or milestone that we need to achieve to lift it? Many illustrious politicians and now referring to this as a war. What is the end game?
Libturd, the Master Beta says:
March 23, 2020 at 1:38 pm
And even longer if we don’t shelter in place.
Lib, in agreement the situation is bad. I don’t see a scenario where this plays out well and the blame does not firmly belong at the feet of the executive branch of the government. In all seriousness the responsibility falls with people to a large extent, even all of the social distancing and lock downs haven’t been effective in the west. Seeing now what has unfolded in Italy has changed my mind on how serious this situation is, unfortunately all too often it is the case of the boy who cried wolf. As far as I can see appropriate is starting to be taken but avoiding the worst of it given all the misinformation that has been spreading for 2 months doesn’t seem possible. Our government in general is too dysfunctional to put together a serious response until the issue slaps them in the face.
The horse has left the barn at this point, I’m not sure what the government can do at this point. So far we’ve determined that the WHO is bloody incompetent and the solutions for treatment and testing have come from private industry. Aggressive testing and treatment with Remdesivir is likely the answer to save a lot of lives, can we contain this long enough and ramp up production? Will the government lower the barriers and allow use of this drug? Everything I’ve seen has shown that patients in very bad condition start taking the drug and improve, which tells me the drug has good bio-availability and is acting as it did in the in vitro testing where it was highly effective at slowing virus replication. This tells me if they were able to give it early on at the outset of symptoms it is highly likely we can keep the vast majority out of the hospitals.
Again, somehow Italy mustered a very good response. The government really did the right things….it didn’t matter people just ignored them until they started seeing the carnage and people they actually knew started dying. I know this my friends wife is from Italy and her whole family lives in the red zone(Lombardy region, Bergamo and Milan area). At the beginning it was clear they didn’t take it seriously, her sister actually returned from her in-laws home(in an unaffected region, and listen I totally understand not wanting to be at the in-laws but serious putting your health and your kids at risk?) and went into the quarantine zone and then I think left again.
I’m sorry the Chinese misinformation campaign worked well and people were thinking of this a flu and were also working under the assumption that it was only going to kill the old and the sick. I’m sorry most people are relatively uncaring provided it doesn’t directly impact them. Everything I have seen this doesn’t look like something killing a fractional percentage of people, it seems like 4-8% death rate when all said an done. This really doesn’t look terribly different from SARS, except it’s a whole lot more transmissible.
New York State now has 20.000 cases. NYC has 12,000.
New York will have more cases than any country outside of China and Italy in a few days at this rate.
If Cuomo won’t keep NYers home, perhaps the other governors should. I am seeing more damn NY plates in Pennsy than ever.
D-FENS is right in that the economy, society relies on the production, transportation and consumption of goods. We’re not defining the economy as a monetary GDP number or a stock market index. People need to work to provide healthcare supplies and services, food, energy, ISP, transportation, etc. We can’t provide those and shelter in place at the same time.
30 year realtor says:
March 23, 2020 at 1:34 pm
Joyce,
I think that comes into play as we deal with the next 18 months. When to ease restrictions and when to begin distancing again. This is going to be an ongoing battle. Many more large decisions ahead of us. This will be a long road.
Seems like the Nompound idea got a huge boost this month. As did the private operators who are setting up compounds nationally.
https://fortituderanch.com/
First step is sending the people who have recovered back out into the world, based on the latest animal testing and the limited information we have re-infection is not possible. Also to Juice’s point this might have been silently around for a while, an antibody test might potentially identify others who can be let out of lock down. I support the limited lock down but at some point this needs to end and people will need to get back into the world, this cannot go into the summer, we will be in a global depression at that point with the rate things are going.
He’s Alive!
For what it’s work welcome back Comrade!
worth lol – I really do need to get glasses.
The algorithm is perfect: https://youtu.be/rwVGJZdLNBs
I said it last week, they need to close the new yorker’s in NY, I’m seeing NY plates in suburban NJ. They need to seal the cities, a pandemic will rip through them, even places like newark and Jersey City it might be necessary to seal them and to keep people sheltered in place. Population density is a problem in a pandemic and make no mistake Italy and Spain are being hit very hard because they live in close proximity, even in rural areas they live in villages and most people live in an apartment.
A week more…maybe two. That’s all we can do.
Even Better: https://youtu.be/5D8m_uBu9mk
Nationwide about 1 in 10 tested are positive, this means lots of hypochondriacs out there tying up resources.
243,000 + tests so far. That number will grow quickly +50,000 tests a day and growing, we will pass everyone else by and have millions of tests soon.
They had the 2nd highest ranking for hospital care in the world and we are ranked 37th.
I love when you guys bring this one up. I laugh out loud. We have a few cousins in Italy who work in the health industry. They’re born and raised there and did a few years of elementary school in the U.S. My spouse called this weekend to see how they’re doing and asked them if it’s true that they’re ranked 2nd in the world in hospital care. After they stopped laughing, they asked, “According to who?”
2:05 Hillary woulda’ handled this – Trump is dumber than dogshit.
House Democrats unveil bill to cancel $30,000 in student debt per borrower amid coronavirus.
https://www.yahoo.com/finance/news/house-democrats-cancel-student-debt-coronavirus-153039320.html
Sneaky motherf.uckers.
Italics off?
“We can’t provide those and shelter in place at the same time.”
We might have been able to if this was handled properly from the start. They should have sealed the borders early. They should have sent us all into quarantine before the numbers exploded. We still aren’t in any kind of containment mode. They should have limited the hording and gatherings at supermarkets and warehouse stores. Most of all, they should have been honest. And it is both parties at fault. The only one who seemed to take this thing seriously was Bernie (believe it or not) if you watched any of his Facebook live press conferences. Though the POTUS is not able to pass laws without the cong/sen. He can persuade people of the seriousness of the virus and he can persuade people to stay home to stop the spread. He did and is still doing the opposite. Believe me, the longer this goes, the more damage it will do. It’s not all absolutes. It can be controlled/contained if the numbers infected stayed low after a three week quarantine. And if we’ve decided as a federal policy to sacrifice the old and immuno-compromised, then a plan needs to be laid out and discussed with the American people. The reason the market is in the toilet is due to government uncertainty and complete lack of guidance. There is NO PLAN.
And it’s both parties and the government at every level. The states don’t have the balls to act against the President because he has already shown a 2nd grade penchant for punishing those who don’t agree with his every whim. When it requires a federal program to attack this virus, it is simply suicidal for your state to take a different position than what the dimwhit-in-chief wants.
You can erase everything Trump has done in the past 4 years. But the fact he has called this virus a hoax and claimed it is contained is enough for the markets to have zero faith in anything and everything he says or has ever said. His complete disregard for the truth in nearly everything he says is unparalleled. The states have an excuse. The Dems in Congress have an excuse. Trump simply doesn’t have one. He should hang!
Going to be difficult to get things back to normal when this is not likely to hit a peak in NYC for another 3 weeks. The fear factor will take some time to dissipate.
Yeah. The blog has turned into a doomsday theme. 4-8 percent death rate? Even the fake news can’t pump that.
It’s arpund 1.5% globally I’m sure the us will be lower. I think the response has been pretty measures but I also don’t blame anyone going out to face it.
The average age of death in Italy is 81. This is an old people problem which is why the boomers are willing to destroy the economy. Must be a bunch on this blog.
https://thehill.com/policy/healthcare/489030-cuomo-we-have-to-plan-to-pivot-back-to-economic-functionality
New York Gov. Andrew Cuomo (D) said Monday the state has to begin planning to move forward economically after shutting down all nonessential businesses in response to the coronavirus pandemic.
“There has to be a balance, or parallel tracks that we’re going down,” Cuomo said at his daily briefing, in terms of public health and economic viability.
“I take total responsibility for shutting off the economy in terms of nonessential workers, but we also have to start to plan the pivot back to economic functionality. You can’t stop the economy forever,” he added.
NJ and CT will follow whatever Cuomo is doing. I expect DeBlasio and Coumo to be fighting about it.
30 year Still building Mc mansions in my town although a good few were sitting prior to all of this. I just think in general this will spook buyers and make them think twice before paying 450k for a 3 bed colonial. People are already being laid off and taking pay cuts. And there are people currently under contract attorney review, and closing dates out a month or so. What if these people lose their jobs or take significant pay cuts? What happens to these transactions? Rates will stay low, but the sellers market is over. It will be a market of extreme caution for potential buyers going forward.
Never called it a hoax Hate on him all you want…that never happened
https://twitter.com/jaketapper/status/1241755076844294144?s=20
You can erase everything Trump has done in the past 4 years. But the fact he has called this virus a hoax and claimed it is contained is enough for the markets to have zero faith in anything and everything he says or has ever said. His complete disregard for the truth in nearly everything he says is unparalleled. The states have an excuse. The Dems in Congress have an excuse. Trump simply doesn’t have one. He should hang!
Nationwide about 1 in 10 tested are positive, this means lots of hypochondriacs out there tying up resources.
243,000 + tests so far. That number will grow quickly +50,000 tests a day and growing, we will pass everyone else by and have millions of tests soon.
This is also a taste of what happens when healthcare is “free”. Waits and shortages.
Feb. 28, 2020, 9:10 PM EST / Updated Feb. 28, 2020, 10:24 PM EST
By Lauren Egan
NORTH CHARLESTON, S.C. — President Donald Trump accused Democrats of “politicizing” the deadly coronavirus during a campaign rally here on Friday, claiming that the outbreak is “their new hoax” as he continued to downplay the risk in the U.S.
“Now the Democrats are politicizing the coronavirus,” Trump said. “They have no clue, they can’t even count their votes in Iowa.”
Tim Murtuagh, chief spokesman for President Trump’s reelection campaign, hit Biden on his “disappearance” on Twitter Monday morning before the speech.
“.@JoeBiden says he’d be quicker to respond to a pandemic but it took him a week to set up a TV camera in his house,” Murtaugh wrote.
LMAO!
Eddie, where in Italy? It is a large country with big disparities North to South. Healthcare in Northern Italy is absolutely some of the best available in the world. Once you get down to Campania you might as well be in Mexico or a Central American country. In pretty much every respect the Mezzogiorno is a third world country, with rampant corruption and an agrarian economy, healthcare is no exception. I expect Naples when they get a full on outbreak will be one of the worst spots in Europe.
The ratings are non-sense though it depends on the metric, effectiveness for all people or those who can pay? The US healthcare system is the best in the world for those who can pay, in Italy, France, or Spain they ration care and prioritize based on likely outcome in the US if you are rich they will take extraordinary measures to treat you.
You’re going to see what you want…but it’s their criticism of his response that is the Hoax.
30 year realtor says:
March 23, 2020 at 2:44 pm
Feb. 28, 2020, 9:10 PM EST / Updated Feb. 28, 2020, 10:24 PM EST
By Lauren Egan
NORTH CHARLESTON, S.C. — President Donald Trump accused Democrats of “politicizing” the deadly coronavirus during a campaign rally here on Friday, claiming that the outbreak is “their new hoax” as he continued to downplay the risk in the U.S.
“Now the Democrats are politicizing the coronavirus,” Trump said. “They have no clue, they can’t even count their votes in Iowa.”
Fens,
If you want to argue specifically what Trump said, I just posted the quote. You are correct, he did not call the virus a hoax. Trump however has done everything to downplay what was coming despite experts who were briefing him on the facts. Those facts were compelling enough for a bunch of senators to liquidate stocks based on the same information.
If trust is the most valuable currency when trying to calm the markets, the markets are making it clear that they don’t trust Trump.
Ratings are pure BS. Here’s a stat for you, Asian Americans in New Jersey live longer than those in Japan. Explain that one?
The fake news reaction has been a hoax. When you’re 90% negative coverage you are a nonstop hoax. Had he done A they would say he should have done B. We don’t know what the truth is and where actual mistakes have been made because they have been fabricating lies for 3+ years.
JCer,
Eddie, where in Italy?
The younger cousins working in the health industry are mostly in Rome and Milan. Their parents (I should say their Moms as just about all the men died years ago) are still in the southern regions, about an hour south of Salerno. The cousins’ English is so good, you’d never know they grew up there. They said our health system is much better.
Btw, here are the numbers.
Hong Kong comes in at 84.63
Japan is the #1 nation at 84.2.
Singapore is at 82.9.
South Korea 82.7.
If you compare Asian Americans in general, we are blowing them out of the water in our life expectancy. NJ comes it at a whole 5 years higher than the #1 performing nation in the world for people of similar ethnic orgin. 24 of our individual states have a higher life exptancy for Asian Americans than Hong Kong.
https://www.worldlifeexpectancy.com/usa/life-expectancy-asian-american
NJ 89.37
MA 89.1
CT 89.07
PA 88.00
FL 88.92
NC 88.88
MI 88.66
NY 88.61
The low is Hawaii and Minnessota at 82.04 and 83.50
@ 30 year 1:12,
Because let’s face is, our love of the pursuit of money is the only thing that binds us. Ones identity in the US is tied directly to ones socioeconomic status. You wouldn’t know it by the number of flags flown, but we lack a sense of country and common bonds.
30 year: Not to defend Trump, but it has been repeatedly clear that what he says and what he does are two different things. He made that disastrous speech from the oval office and then two days later came out with a coalition of CEOs and head of agencies to implement a serious plan of action. If you truly believe what he said two days earlier, how are all of those resources marshaled so quickly? Again I’m not defending him. But when you say you can’t trust what he says realize that could also work in your favor.
https://nypost.com/2020/03/23/senators-blast-rand-pauls-irresponsible-behavior-while-awaiting-coronavirus-results/
Going to the gym. Mingling with Senators and aides and using facilities while waiting for test results to come back.
Swell guy.
30 year – You are smarter than this. There is an economic caluclus that can, and should be applied to everything.
Think about the costs we have already incurred. We will likely have 20% unemployment very soon. If we try to shut down the economy for another 30 days, that will be 30% +.
Poverty causes misery and death with a MUCH higher kill percentage than COVID-19.
It’s not a taboo question – What is a life worth? What is the life of a 65+ year old, that has an underlying healthy condition and just a handful of quality years remaining?
Protecting life is not an absolute. Some will die, perhaps some close to me will die. But if we spend countless Trillions of $ to keep the economy shut and save the lives of our elderly, I predict we will come to regret that choice.
30 year Says:
Why is the economy more important to so many people than people’s health?
To put it another way –
Why would the 70 year old not care at all about the world (economy) they leave behind for their off-spring and grand kids?
Would you spend $5,000 to perform a surgery on a dog that would live for 1 more year?
$10,000? $20,000?
At some point, you will say ‘sorry buddy, you had a great life, let’s enjoy our last moments together” But so long as it’s someone else’s money (Federal deficit $) than, hey who cares right? Spend it all, right? The baby boom generation will be long dead when the bill comes due anyway.
Would a BOP (Business Owner’s Policy) cover the non essential businesses that have been ordered to shut down?
it is funny that we have a pres. election with two 70+ old candidates at this time.
The whole situation will take a few years to lighten up (not resolve) and will destroy a lot of the things you think are normal. The blame each other will sow its seeds to a bigger conflict between China and USA, possibly Russia and EU taking the sidekick roles respectively. Too bad at this juncture.
homeboken
Maybe the 70 year old has had quite a few relatives make it into their 90’s or 100’s. Most of my deceased relatives who were non smokers made it into their late 80’s and higher. A few broke 100. And almost all were mentally and physically fine until the last few months of their lives.
Homeboken You are going down a slippery slope deciding who lives who dies. Won’t be long before we move down the line to the autistic, the mentally disabled and on it goes. Sounds chillingly similar to something we have already seen before.
Doesn’t change the fact that ignoring any sort of cost/benefit analysis is foolish.
Hold my beer says:
March 23, 2020 at 4:25 pm
homeboken
Maybe the 70 year old has had quite a few relatives make it into their 90’s or 100’s. Most of my deceased relatives who were non smokers made it into their late 80’s and higher. A few broke 100. And almost all were mentally and physically fine until the last few months of their lives.
3b says:
March 23, 2020 at 4:54 pm
Homeboken You are going down a slippery slope deciding who lives who dies. Won’t be long before we move down the line to the autistic, the mentally disabled and on it goes. Sounds chillingly similar to something we have already seen before.
But you would agree there is a limit to be found somewhere, right?
3b says:
March 23, 2020 at 4:54 pm
Homeboken You are going down a slippery slope deciding who lives who dies. Won’t be long before we move down the line to the autistic, the mentally disabled and on it goes. Sounds chillingly similar to something we have already seen before.
Lib,
I found your new anthem. https://www.youtube.com/watch?v=wMykYSQaG_c
You can just sing the outro and you wont get arrested.
Joyce
I swear I did not say his name three times. There are many reasons why prepping and compounds fail and we are seeing examples today. Look to the Hamptons and the Jersey Shore. The people decamping to their holiday homes are being told to GTFO by the locals. They will overrun limited local resources.
Unless you are heading to a place with livestock, coops, greeenhouses and stocked root cellar, your are going to need outside supplies. You also need the outside labor to keep it running and to stop the locals taking it. Unless that is Mrs Hedge Fund doesnt mind breaking a nail shoveling HorseSh1t for fertilizer. “Who shovels the sh1t in the Gulch?”
You also have the plain stupidity. All these preps hoarding aquatic antibiotics and their orange savior endorses it.
http://bannerhealth.mediaroom.com/trending-now-at-banner?item=122999
Smartass kids vs police. Defying the quarantine in Miami:
https://www.reddit.com/r/Whatcouldgowrong/comments/fnn5to/wcgw_hanging_out_during_pandemic/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
I want any stimulus to go straight to the people. I want the velocity of that money to hit the street and churn in goods and services.
If a company needs help, borrow or nationalize.
At some point the lock down needs to break. The whole point is to prepare, it needs to be limited in scope. I fully expect by May we will all be back out in the world. They cannot hold the quarantine for more than 2 months, it won’t happen, the economic costs are too great.
Eddie on Italy my understanding is there is private and public healthcare. Basically on the public system you’ll get treatment but you’ll wait for it and hopefully you live long enough to get your treatment. People who want public healthcare are kind of nuts, my sister used to live in the UK. She’s a Veterinarian and the joke was if you needed an MRI you’d have to wait 6 months but a horse could get one the next day! The issue is with the messed up healthcare system in the US we have poor uninsured people not getting basic, easy to administer care which severely curtails their lifespan and quality of life. We also have bloated costs which impact everyone but honestly if I had something life threatening I’d want to be treated here as would people in many other countries.
The truth is we will switch horses and wind up doing the herd immunity thing they were talking about in britain. It really will be the only choice. If 20 or 30% of the population cannot care for itself we have a bigger problem and the government is so indebted that it realistically cannot support such an endeavor indefinitely.
If we stop measures to slow the virus can you quantify the savings in dollars and the cost in lives? Exactly how much less economic damage comes from an unchecked pandemic as opposed to a slow mover? If you can’t provide accurate estimates on the outcomes, how can you consider where the balance lies? And exactly who makes this decision and why would people be OK with trusting it?
I really missed your responses that in no way even come near answering the question that was asked.
Fabius Maximus says:
March 23, 2020 at 5:44 pm
Joyce
I swear I did not say his name three times. There are many reasons why prepping and compounds fail and we are seeing examples today. Look to the Hamptons and the Jersey Shore. The people decamping to their holiday homes are being told to GTFO by the locals. They will overrun limited local resources.
Unless you are heading to a place with livestock, coops, greeenhouses and stocked root cellar, your are going to need outside supplies. You also need the outside labor to keep it running and to stop the locals taking it. Unless that is Mrs Hedge Fund doesnt mind breaking a nail shoveling HorseSh1t for fertilizer. “Who shovels the sh1t in the Gulch?”
You also have the plain stupidity. All these preps hoarding aquatic antibiotics and their orange savior endorses it.
http://bannerhealth.mediaroom.com/trending-now-at-banner?item=122999
And so it begins, interstate travel now means quarantine! I had a trip planned for spring break , so far got almost a full refund less $100 cancel feel on my rented house and the airfare will be credited towards future travel.
“Florida Gov. Ron DeSantis said Monday he would issue an order requiring anyone traveling from New York and New Jersey to be in a 14-day self-quarantine upon arrival in the Sunshine State.”
Spot on, truly (not being sarcastic). Now ask the exact opposite questions.
It’s fair to have the debate, right?
30 year realtor says:
March 23, 2020 at 6:07 pm
If we stop measures to slow the virus can you quantify the savings in dollars and the cost in lives? Exactly how much less economic damage comes from an unchecked pandemic as opposed to a slow mover? If you can’t provide accurate estimates on the outcomes, how can you consider where the balance lies? And exactly who makes this decision and why would people be OK with trusting it?
Joyce Who am I or you or any of us to play God? It may make sense to you and others now, until perhaps it’s a family member. And where and how do we draw the line? Is it just the old? How about young people that are seriously ill and may never be able to be self sufficient? How about all the vets with no limbs? And what about all the people who may not have a place in the world of AI and will just be a drain? None of us have the right to determine who lives and who dies in my opinion.
The virus will start to slow next month as flu season comes to an end just like the normal flu. Too many people are fear mongering it will get worse when it is about to fizzle out.
More projections, assumptions, and speculation. Worthless.
Just the facts: 14,000 Americans dead so far this season from the “normal” flu, and 40,000 Americans dead every year prior. We have 300 dead from coronavirus.
Regarding Italy, I’m certain most here have never heard the below information from CNN, CBS, ABC, NBC, NY Times, Washington Post, et al:
“More than 99% of Italy’s coronavirus fatalities were people who suffered from previous medical conditions, according to a study by the country’s national health authority.”
“The average age of those who’ve died from the virus in Italy is 79.5. As of March 17th, 17 people under 50 had died from the disease. All of Italy’s victims under 40 have been males with serious existing medical conditions.”
https://www.bloomberg.com/news/articles/2020-03-18/99-of-those-who-died-from-virus-had-other-illness-italy-says
Facts, facts, facts. Save the projections, assumptions, and speculation.
I agree. I do not want you, me or any of us to play God. [I especially do not want elected and unelected government officials doing it.]
“None of us have the right to determine who lives and who dies in my opinion.”
So where does that leave us… what are you suggesting?
3b says:
March 23, 2020 at 6:31 pm
Joyce Who am I or you or any of us to play God? It may make sense to you and others now, until perhaps it’s a family member. And where and how do we draw the line? Is it just the old? How about young people that are seriously ill and may never be able to be self sufficient? How about all the vets with no limbs? And what about all the people who may not have a place in the world of AI and will just be a drain? None of us have the right to determine who lives and who dies in my opinion.
Joyce: I don’t have one.
South Africa is going into a 21 day lock down
UK is announcing a lock down as well
https://bearingarms.com/cam-e/2020/03/23/nj-gun-store-home-delivery/
Joyce,
I did not miss the constant “but you never answered my question!” responses without ever clarifying, WHY you think the your question was not covered.
So the question was:
`And where did you get the idea that preppers (Nompound, etc.) have “limited supplies”?`
What did my answer miss?
By next week the unemployment rate will be 20%.
You have no idea how many companies are laying off people.
I fielded 4 calls today from senior executives at major American hospitality brands asking if we could hire some percentage of the employees that they were laying off this week. The aggregate of these 4 phone calls was more than 5,000 people.
Suspect in the next 2 or 3 weeks we will hire 3-4k to temporarily repatriate positions that were previously offshored. But this is a stopgap measure because offshore capacity has been effectively closed – and it’s nearly impossible to deploy work from home positions in markets like India.
Forgive me for not clarifying what appeared to your equating people going to their vacation homes with preppers. Libturd (if i recall correctly) said he has ~4 weeks of food in his pantry alone. You think true preppers don’t have a tremendous amount of non-perishables? What are you saying because someone can’t live in their “nompound” for eternity they have “limited supplies”?
Fabius Maximus says:
March 23, 2020 at 7:57 pm
Grim
We’ve had 17 years since SARS to get ready for something like this. Too bad a protocol that worked was never developed and implemented by the government on how to handle a respiratory pandemic. Bush and Obama had 14 years combined to get ready.
28 percent of the Coronavirus tests in the NYC / NLI / NNJ areas are coming back positive – versus 8 percent in the rest of the country
Grim,
The message back to those bosses should be “Who do you need to hold on to to keep your cash registers ringing” You may not have foot traffic, but what do you need to ensure you are open for business with all systems running.”
Its going to be interesting watching Tata, Infosys etc if India gets hit hard.
What I am pushing up my management chain is Succession Planning. If you lose 1/3 of your direct reports, how are you covering. That’s going to be the key to this. Most companies have been running ultra lean for years.
Hold
Go review O’s response to Ebola. America had boots on the ground on day 5. When they got there, they where directing traffic.
Now I get that China may not have allowed that type of response, but I could take a fair guess that O would have been calling them out for it.
Joyce,
Unless you can specifically quantify than lives win. Putting a dollar value on life is not a winning game.
This is so different than triage or death panels. Those are easy to quantify or clear decisions made out of immediate need. What you are asking if far more esoteric.
Fabius
And yet he left office without a working protocol to handle repeat of the Spanish flu.
Ok Joyce,
Lets be clear, people heading to their holiday home are not Preppers. They will have plans that include “Wawa for Pork Roll and egg for breakfast” and that great Italian will still be doing take out. I’m surprised I have to point that out.
Lib has 4 weeks of food, great, after that its back out to source more. Again not a prepper. If you need to rely on the Supply Chain, you miss the point.
What is a prepper and how would a Nompond work? That is a whole separate discussion. Short answer is that is goes way beyond how many moths of brown rice and other dry good they have. That is secondary to the Social Dynamic which is the biggest issue.
Went through today’s mail. Had an advertisement from a funeral home with my wife’s name on it. She was not pleased.
D-FENS
I have no issue with Uber Ammo. Deliveries to licenced individuals, away you go. I assume the clientele are already well stocked, and just topping up.
Hold,
So the job was not finished, but what was put in place was taken apart?
Hard to defend, but interested to hear it?
28 percent of the Coronavirus tests in the NYC / NLI / NNJ areas are coming back positive – versus 8 percent in the rest of the country
The short answer is that we are way behind on testing. When we are testing, its likely that we are rationing in the high volume states where they are testing a high number of symptomatic people, and the end result is that they have a high rate of positive tests.
Read this article and come back if you still have questions.
https://www.mprnews.org/story/2020/03/17/comparing-covid19-in-minnesota-and-its-neighbors-in-upper-midwest
Fabius
He had 8 years and shrub had 6. More than enough time for either one to have a working protocol and rehearse with local authorities and study the practice scenarios and improve the plan. I think O would have been more aggressive with testing and chasing down contacts of positive cases but he would not have shut down the borders like trump did so most likely we would be around the same level of infection, maybe worse since Chinese tourists tend to go to the hot zones of nyc, California, and Seattle . They don’t go to Omaha or Tuscaloosa.
Now I have 11 gardens, 20+ fruit trees, and a hydroponic setup in the basement. Ironically, I bought chemical fertlizer for the hydroponic system in bulk 8 weeks ago. 50 pounds worth. I can crank out food for years. I seeded 64 extra spinach and kale plants for the spring. 32 extra tomato plants. 32 extra pepper plants. Already harvesting from many broccoli rabe plants that overwintered.
Home depot started a plastic pot recycling shelf last year at their garden centers. I constantly was picking up 10 gallon planters from them. Right now, I have dozens of potatoes and onions in them. I’m not going to know what to do with most of this food but I’ll have it. I’ll probably end up drying/jarring most of it.
I’m not a prepper. This is my hobby. But that being said, I’m going completely overboard just in case. It takes very little effort seed an extra 200 plants. It takes a lot of effort to maintain and harvest them by hand.
Ok, Fabius.
The question was [and still is]: where did you get the idea that preppers (Nompound, etc.) have “limited supplies”?
Lets be clear, people heading to their holiday home are not Preppers. They will have plans that include “Wawa for Pork Roll and egg for breakfast” and that great Italian will still be doing take out. I’m surprised I have to point that out.
Then why did YOU bring it up? It was the very first thing you said in response to my question (“There are many reasons why prepping and compounds fail and we are seeing examples today. Look to the Hamptons and the Jersey Shore.”) Maybe this is an example of your responses not answering the question?
Lib has 4 weeks of food, great, after that its back out to source more. Again not a prepper. If you need to rely on the Supply Chain, you miss the point.
Clearly, you do – again. I mentioned this because he’s not a prepper. Specifically, it was a comment about how much he has compared to what a stereotypical prepper probably has because that’s what my question was regarding. I’m very surprised I have to point that out.
Absolutely not. Not even close. And if he did, he wouldn’t back it up with action because he never did.
Fabius Maximus says:
March 23
, but I could take a fair guess that O would have been calling them out for it.
Rand Paul is a pig. An absolute national disgrace.
Some Black minds can still speculate the power of exponential growth. At best linear thinking or point to point comparison like the big Orange comparing this to accident losses or flu cases.
My my my. We are in a pickle aren’t we.
What is your terror level today?
Lawd he comin….’ level
This should keep you guys busy for a while:
https://medium.com/@tomaspueyo/coronavirus-the-hammer-and-the-dance-be9337092b56
Fyi: Tomas Pueyo
2MSc in Engineering. Stanford MBA. Ex-Consultant. Creator of viral applications with >20M users. Currently leading a billion-dollar business @ Course Hero
We’re not going to run out of toilet paper, food, bullets…we’re going to run out of hospital beds and medical supplies. That’s the problem.
Chicago says:
March 23, 2020 at 11:33 pm
Rand Paul is a pig. An absolute national disgrace.
Lots of pigs these days.
Fast Eddie
That’s what libturd and I have been saying. Lockdown for a few weeks. Although there may be a second wave later in the year. If there is another wave just lock down for another few weeks. Dragging things out in piecemeal measured steps doesn’t seem as effective as a regional or nationwide lockdown.
Most likely by the time there is a second wave in the fall or winter treatments will have proved effective and will have been fast tracked and stockpiled.
Josh Harris cutting Devils employees (making 50k+) pay 20%. Real nice. These billionaires can’t even go a few weeks without going right to f-in working poor Americans.
So In exchange for a bailout, Pelosi added a piece of pork that airlines receiving aid would have to start offsetting their carbon emissions in 2025 by buying carbon credits.
Anyone believe that buying a licence to keep polluting and encouraging travelers to continue to choose the most polluting option is going to make any difference?
Airplanes will never be being flying batteries, and carbon credits are no substitute.
This legislation is not the time and place for this kind of debate.
JB,
All negiotiating points. I agree, not time or place but then again Moscow Mitch trying to give billions without any strings attached. We need restrictions on use of money or it will never get to people who need it.
Such is the collateral damage of this diffuse form of warfare, aimed at “flattening” the epidemic curve generally rather than preferentially protecting the especially vulnerable. I believe we may be ineffectively fighting the contagion even as we are causing economic collapse.
https://www.nytimes.com/2020/03/20/opinion/coronavirus-pandemic-social-distancing.html
Interesting…Bat and rat hunters trying to protect us from the likes of Coronavirus
“Scientists from an agency called Predict, funded with $200 million from USAID, the United States Agency for International Development, operate in 30 countries. They’ve accumulated thousands of samples and discovered more than 900 new viruses. Unfortunately, Coronavirus was one they hadn’t found until it found us.”
“Predict is a part of the Global Virome Project, a ten-year plan to identify as many as possible of the more than a million and half unknown viruses in bats, birds and mammals. It’s thought that about half of those could be zoonotic, meaning they have the ability to jump from animals to people.”
“there are still millions of undiscovered viruses out there, waiting to pounce on mankind.”
https://www.nj.com/hudson/2020/03/bat-and-rat-hunters-trying-to-protect-us-from-the-likes-of-coronavirus-quigley.html
Unless you can specifically quantify than lives win. Putting a dollar value on life is not a winning game.
Do you mean it’s not a winning game politically/emotionally?
This is so different than triage or death panels. Those are easy to quantify or clear decisions made out of immediate need. What you are asking if far more esoteric.
I don’t think it’s different at all, nor esoteric. It’s been what a week to ten days of this, and with each passing day, more are asking the question about costs and if it’s the best course of action. Even those supporting the current plan are starting to estimate the costs.
30 year realtor says:
March 23, 2020 at 9:40 pm
Joyce,
Unless you can specifically quantify than lives win. Putting a dollar value on life is not a winning game.
This is so different than triage or death panels. Those are easy to quantify or clear decisions made out of immediate need. What you are asking if far more esoteric.
People’s rent will be due April 1st. Are they going to pass a bill that’s not full of pork or what?
Are they going to pass a bill that’s not full of pork or what?
LOL
First of all, we have 4 weeks of good (normal) eatin’. We could probably go a solid 3 months on pasta and soup if push came to shove.
Second, I would like to propose the ultimate solution (not the Final Solution for those of you who want to kill off your parents). The goal is to return the economy to it’s former self in two months. To pay for it, I would print money, not borrow from the future in the way of increasing the deficit.
Forget the $1,000 checks. A national lockdown debit card should be issued with spending limits based on income. This card will come with limitations and incentives for both retailers and consumers to do what is best. For example, it can’t be used to eat out. It can be used to pay rent. If you are willing to purchase staples such as beans, breads, rice, eggs and meats, you can get double the amount. The government can then track the spending and reimburse the retailer who provides the approved incentives. I would also freeze all interest generating debt (credit card, mortgage, auto, etc.) for two months. Finally, if you lost your job during the two-month lockdown. You get it back on June 1st.
On June 1st, with the borders closed and our hospitals prepared, we all go back to work, but with precautions in place to stop any further outbreaks of the virus. For example, temperature scanners in schools and workplaces. Masks and gloves for those who must work within 6 feet of each other, etc.
This virus does not need to have a long-term impact on our economy. We can return to where we left off on June 1st with minimal damage.
Nah. Let’s let politics continue to dictate the dumbest decisions possible.
I would rather see 500 Billion funneled to people that need it rather than Mnuchins slush fund. Trickle Down does not work, lets try Spend Up instead.
Canada seems to be getting right. Putting the money into Social Security nets. Thats how it should be.
https://toronto.citynews.ca/2020/03/19/what-you-need-to-know-about-government-compensation-for-coronavirus/
I have a job and if I keep it, I don’t need a $1000 check. My friends round the corner where both laid off, they can use the $2000.
Lib makes sense, unfortunately politicians are dumb and are usually sociopaths. None of these people care if we live or die, also if you’ve seen our government, they can’t make regular old food stamps work, you expect in short time to roll out a debit card with restrictions?
re: “A national lockdown debit card should be issued with spending limits based on income.”
Are you going to have uniformed armed guards checking bags on the way out of the stores is the the pimply faced cashier or granny trying to make ends meet supposed to do it?
That is how Venezuala tried to do it a decade ago with EBT cards and the military putting boots on peoples necks and still are at it today starving and eating actual garbage.
The house bill reads more like a ransom note than a relief bill.
I would rather see 500 Billion funneled to people that need it rather than Mnuchins slush fund.
When Congress passes the stimulus bill today, is it still Mnuchin’s slush fund? Do we then blame Nancy and Chuck for letting it pass? Isn’t this bill designed to funnel money to those who need it? Unlike Oblammy’s stimulus bill which funneled close to a trillion to cronies and unions who in turn funneled it to the DNC. That’s called money laundering, by the way.
It’s really is all fun and games being poor together.
It’s easy to walk away from the mortgage payment, the rent and the credit card debt, as we know from the housing crisis the courts will take years to work though the backlog maybe even a decade or more, s*hit I bet there are still folks out there from the housing crisis still not making their mortgage payments.
But that shiny new car? Repo man is coming for it, and just try and walk away from the local, state and federal debt collectors. Bank accounts will be emptied quickly by either you or the tax collectors. The tax man still gets his cut no matter what.
We are quickly heading into real moral hazard, and it ain’t ole gramps and gradma getting SARS 2.0 it you and yours eating garbage like they still do today in many parts of the world.
Juice,
Debit cards are easy to do. I have a HSA card that can pay for prescribed medicines and approved devices, but reject OTC purchases. My supermarket receipt flags no sales tax items. The supermarkets already support WIC cards and lists.
If there is political will, there’s a way. There is no will whatsoever. Our government is broken. It has been for years. It exists for the politicians. Not for the people. Go Biden!
D-FENS says:
“March 24, 2020 at 8:28 am
We’re not going to run out of toilet paper, food, bullets…we’re going to run out of hospital beds and medical supplies. That’s the problem.”
Agreed. This is true.
“I have a job and if I keep it, I don’t need a $1000 check. My friends round the corner
where both laid off, they can use the $2000.”
I agree with this also.
“Such is the collateral damage of this diffuse form of warfare, aimed at “flattening” the epidemic curve generally rather than preferentially protecting the especially vulnerable.”
Substitute epidemic with geriatric-The majority of ICU’s were filled with geriatric patients to begin with. Before the epidemic no one mentioned refusing treatment to the elderly and sick boomers, much of which was harm due to lifestyle choices. So why start now?
Fab – re: “Debit cards are easy to do.” Yah but the hard part is stopping people from spending it on Burger King, Mountain Dew and Marlboro Reds.
A new form of tender with restrictions at the point of sale would take longer to implement than to just give everyone EBT Cards from their state run SNAP program and allow them to buy from the existing Food Supplement Program list of approved foods at Supermarkets.
This means just giving more money to the states. Since unemployment is going to be though the roof by next week. + 5 million or more souls and by next month +10 million or more EBT, SNAP is the only way to go.
Wait a minute Bernie wants universal income…..Would that be better? I would like nothing more than to sit home and strum my guitar all day, it is my chosen profession after all, next to astronaut. Wait I am doing that now. If nobody works there will no longer be a middle class, the only real option long term is work for everyone not handouts kind of where we were before this plague began.
Juice. Forget politics for a moment.
Libturd there certainly isn’t political will and assuredly anything that needs to be implemented by the federal government is done by truly incompetent public or private entities that have ties to political parties and candidates. That is why operationally everything done by the government fails. Essentially the federal government is the newark government with a printing press for money.
Sure…….
Imagine no possessions
I wonder if you can
No need for greed or hunger
A brotherhood of man
Imagine all the people
Sharing all the world… You…
You may say I’m a dreamer
But I’m not the only one
I hope someday you’ll join us
And the world will live as one
India just went into lockdown. Total ban on leaving home for 3 weeks.
Wonder how Pelosi and the liberal media managed to pull than one off. / off sarcasm
Did anyone else see the article on nj.com about hospitals in North jersey about to run out of ventilators? Or is that fake news too?
On the bright side ebay sent me a message I can list 50,000 new listings for free from now till April 30th.
The problem is, that we knew this was coming in early February. We did our hording (not really), but did stock up with what we would need back in early February. Then when everyone was raiding the supermarkets during the last week of February and first week of March, we avoided the spread and stayed home. Last Wednesday was the first time we shopped in March. I went to Fairway at 7am and there were more people working than shopping. I took all precautions and then some. I also made sure I did not touch myself anywhere and brought my own Purell and wipes. I only needed to purchase dairy and veggies mainly with a little meat. Was in and out in 20 minutes. We are finally running out of fresh veggies and will move to frozen and canned now. Milk and OJ we are good for another two to three weeks. Meat, we are good for about another month. Dry goods, we can last 6 months easy. We don’t plan to shop for at least two to three weeks. By then, it will be much safer. You will easily know which workers have taken precautions, because they will still be there!
Bitcoin holder rejoice the “Digital Dollar” language for a blockchain type of US currency managed by the Fed was stripped from the latest US Coronavirus Relief Bill.
And for the bad new so is your bailout, no helicoptered money. You get a loan, as if the bank won’t give you one now.
“In the latest 1,404-page draft, U.S. residents would receive $1,500 per person, though individuals with an income greater than $75,000 and couples with an income greater than $150,000 would have to repay the funds.”
Cuomo said rate of infection rate is actually accelerating and doubling every three days.
https://nypost.com/2020/03/24/cuomo-coronavirus-spreading-like-bullet-train-in-ny-as-cases-top-25000/
Fort Worth has issued a stay at home order. The mayor must have watched Cuomo’s press conference.
And for those who think the Dems put the the only earmarks in the dumb bill. There is pro-life sh1t in it too. So much for Grandma Pelosi and Grandpa Schumie. I hope they all die of the virus. Really!
So I did some back of the envelope math comparing NY’s infection rates with Italy. It is spreading three times as quickly in NY than it did in Italy. And that’s probably with more limited testing. What gives?
Things are starting to get serious here in the Ridge. We had Masala dosas and Lean Pockets for lunch.
Some additional pork – $35 million meant for the John F. Kennedy Center for the Performing Arts in Washington, D.C or the $300 million that would be allotted for the National Endowment of the Arts and an additional $300 million for the National Endowment of the Humanities. The bill also provides $100 million for NASA and $278 million for the IRS.”
Anyone remember the Line-Item Veto Act of 1996? Clinton used that many times to get rid of pork. In 1998 the U.S. Supreme Court ruled the act to be unconstitutional in a 6–3 decision in Clinton v. City of New York.
GW Bush tried to bring it back in 2006 and it was approved in the house in June 2006 but failed in the Senate, was introduced by McCain but never made it out of the Rules and Administration committee. Perhaps the bubbling housing market and wall st being drunk had something to do with it.
Covid19 Treatment and Vaccine Tracker courtesy of everyone’s recently pardoned junk bond king!
The Chinese waste no time here, test everything as they have plenty of “willing” subjects.
https://milkeninstitute.org/sites/default/files/2020-03/Covid19%20Tracker%20032020v3-posting.pdf
On the bright side ebay sent me a message I can list 50,000 new listings for free from now till April 30th.
Ebay banned me from selling years ago. They didn’t like the stuff I was listing. I should ask them if I can sell again. Idiots.
Cuomo should replace Biden on the ticket he is going to save us all.
Today, New York will launch a clinical trial using blood plasma from patients who have recovered from COVID-19, the disease caused by the novel coronavirus. The plasma, which contains antibodies against the virus, will be administered into patients who are critically ill. Gov. Andrew Cuomo said this possibility “has shown promising preliminary results in stimulating the immune system against the disease,” Forbes reported Monday. The state will begin this trial in partnership with a pharmaceutical company that has yet to be identified.
Takeda Pharmaceutical is known to be working on developing a treatment for COVID-19 from the blood of patients who have recovered.
https://www.biospace.com/article/new-york-will-launch-clinical-trials-with-mystery-pharma-partner-using-blood-plasma-treatment-for-covid-19/
The 3rd option
https://www.washingtonpost.com/opinions/2020/03/23/mass-testing-is-only-sustainable-solution/
“The second type of test, a serology test, looks for antibodies or other proteins in the blood formed by the immune reaction to infection. These tests, still in development, could reveal those who had the disease and recovered, and confirm infection of some still with symptoms. It could probably be self-administered and produce results in minutes.
With enough of both kinds of tests, a variety of complementary strategies would be possible. Because live disease carriers would be more readily identified, it would be easier to trace and test their contacts and to quarantine the infected, particularly if a period of high isolation now greatly lowers infection rates.
In addition, with widespread serology tests, those recovered and presumably now immune and unable to transmit the virus could return to work and resume many social interactions. Although no one is absolutely sure the recovered cannot be reinfected and then infect others, they will almost certainly have substantial resistance. Given the other social costs, we must presume this resistance until it’s proved otherwise. Those both recovered and young — the doubly resistant — could also man the front lines of retail, delivery and health contacts.
Anyone selling any holding you didn’t sell off yet (I have about 15% left, though some it is Amazon, so that I hold)? I am doing this right now.
Blood in the streets is still about a week away.
https://www.nj.com/coronavirus/2020/03/gov-murphy-is-violating-our-right-to-bear-arms-by-closing-gun-shops-lawsuit-says.html
All the major counties in DFW area are now under shelter in place.
Done.
My total holdings of stock in all accounts is now $25K in Amazon. Oh, I’m gonna be retiring so soon!
Although shelter in place means different things depending on the county.
Today’s pop is from pending congressional deal or shorts closing out positions?
Lib, how much blood, a pint or two? Does this semi-lockdown end by 4-30.
Lib, Pm me if you can.
Phoenix. Email me with your digits. stuw6atyahoo.com is my junkmail address.
Nomad. Nothing goes straight down or straight up. We are slightly above the opening highs on Friday. Volume was high, but not extraordinarily high. Me pretty sure it goes further down from here. It’s now had 6 pops like today on the way down.
I honestly don’t think any of the stimulus is nearly enough. Especially the corporate crap.
I am hoping blood in the streets is when NY tri-state area hits peak. We are far from it still. Hoping early next week, but it’s hard to tell with the limited testing.
…. its another 3 weeks until Easter and then we can celebrate being all clear – yay
https://talkingpointsmemo.com/edblog/three-weeks?fbclid=IwAR1b2ZBmmWxtpzH2pBX3848GW95ozQnwgICN2b60HaD0d3XVl8-MW6xlgwg
Although shelter in place means different things depending on the county.
***hole neighbors of mine decided to go on a tropical vacation 2 days after the sh1t hit the fan. Well…the island closed down and everyone had to fly back. They didn’t give a crap that they were going through a corona virus infested airport. Now they are in “14 day quaratine”, which somehow involves trips to Wegmans and walking up to every person that walks by and striking up a conversation with them from 2 feet away.
Laughing at predictions of 6-7% unemployment by mid-year.
We are there right now, possibly even worse.
https://twitter.com/cuomoprimetime/status/1242623767978946562?s=21
New Jersey’s Democratic Gov. Phil Murphy said he will “stay the course” with coronavirus restrictions if Pres. Trump tries to lift them prematurely.
“We’re in Jersey, so we got a lot of spine,” he said. “Skin is very thick. Lots of attitude. We’ll stand tall
BRT,
You can’t fix stupid.
Ron White
Ackman dim on real estate, makes case for 1,000,000 US deaths.
https://www.cnbc.com/2020/03/18/bill-ackman-pleads-to-trump-to-increase-closures-to-save-the-economy-shut-it-down-now.html
I think by Easter the only thing big Orange can get is a night of pleasure. as I am sure he is only getting on special days with spiritual context.
“We’re in Jersey, so we got a lot of spine,” he said. “Skin is very thick. Lots of attitude. We’ll stand tall
Says the rich white guy who is wealthy enough to never have to work a day in his life again.
Some updates from the real estate front lines –
Freddie no longer will backstop Small Balance Loans. Lenders across the nation yesterday said that they are Full Stop on any SBL deal as Freddie Mac holds the position that they will not hold their obligations to buy the paper once the mortgage closes. Essentially telling the lenders “You take all the COVID-19 risk, we aren’t taking any of it”
What does it mean? Any multi-family deal under $6.0mm in value just saw 50% of it’s financing options vanish.
Fannie also releases new 4660 that doubles/triples PITI reserves to 18 months at closing. LTV’s capped at 70%.
Who could of guessed that state governments telling renters “You can’t be evicted for non-payment of rent for 90 days” would have a negative consequence. Shocking right?
Source – my job
Biden and potential VP picks – Doesn’t this make you feel just perfectly comfortable about pulling the lever for Biden? His own admission, you are basically voting for his yet unnamed VP for President. Brilliant!
From NY Post –
The former VP revealed that he had spoken to Obama about choosing a running mate, adding that they discussed the importance of that person being prepared to be president if something were to happen to him.
“They have to be prepared,” he said, “once I pick someone, God willing, if I’m the nominee, that there’s not going to be any snafu.
How is the money raised for this $2T stimulus bill? Will they sell treasuries dollar for dollar to cover the entire $2T or does the government just print money?
the employee key whacking in buy,buy,buy and print, print,print at the Fed has job security for sure.
Full details aren’t out yet but the deal will add an additional $600 on top of the max unemployment benefit of $677 in NJ for 4 months. There is also some kind of plan to order the Federal Reserve to provide loan servicers with liquidity to allow borrowers to stop paying their mortgages for up to 360 days. Something for car loans for car loans and other too. Not sure about means testing for any of this.
lots of chatter about replacing Biden with Cuomo.
Just saying…..
Deficit … preventing a deflationary depression means only one thing, repeat mistakes of the past and print our way out of this.Fed can buy and is buying nearly everything right now. latest legislation gives them even more power.
However big this sounds it is not enough, we are all going to be poor together for a while anyway.
Stay healthy, stay strong and most importantly stay away…
I know of two major retailers that will likely not survive the next 30 days.
I got about half way though the house bill last night before boredom set in, it had more pages than the book War and Peace.
Bill could almost be a carbon copy of the “The Emergency Economic Stabilization Act of 2008” aka Porkulus Bill.
Government workers can sleep tight they are bailed out for now however the now empty trains still won’t run on time.
Bad bad bad bad bad bad bad.
You all have no idea the number of pending failures.
You all have no idea the number of pending failures.
What are you referring to? Jobs? Businesses?
grim – Bezos is hiring, one of our BCP people went to work for him a few months ago, as I am now tasked to run a piece what remains of our BCP/DR program along with the hastily hired consultants I may be safe but there may not be anything left to come back too.
30 million based upon a few worse case scenarios I have seen.
You all have no idea the number of pending failures.
Companies
https://www.politico.com/states/new-jersey/story/2020/03/24/white-house-tells-people-recently-in-new-york-city-to-self-quarantine-1268867
White House tells people recently in New York City to self-quarantine
Turns out leverage is a bitch – many of these companies turning to mass layoffs in an attempt to preserve cash for debt service.
Good luck.
Seeing estimates of up to 4 million layoffs over the past week.
FRISK data for “at risk” Resailers, this is a few months old, some are already gone.
Ascena apparel
Christopher & Banks apparel
Destination Maternity apparel
J. Crew apparel
Neiman Marcus department stores
J.C. Penney department stores
Chewy Inc. pet
Rite Aid drugstores
Pier 1 home
Steinhoff (Mattress Firm) home
Bluestem Brands apparel and home
Camping World outdoor
Trans World (parent of FYE) specialty
RTW Retailwinds (New York & Co) apparel
Tailored Brands apparel
Express Inc. apparel
Francesca’s apparel
J. Jill apparel
Hudson’s Bay department stores
Stein Mart department stores
Container Store home goods
Kirkland’s home goods
Sears Hometown and Outlet home improvement
Overstock home goods
Signet Jewelers specialty
GNC specialty
At Home home goods
Build-A-Bear toys
One is on the list, one isn’t.
These retailers aren’t on the bailout list. Nobody cares if they die except the landlords, and nobody cares about the landlords either. How will American Dream pay its $57 million PILOT in 2021?
Three publicly traded mall REITs are on brink of bankruptcy.
Retail is toast. Commercial right behind. Multi will survive but many will fold or be swallowed.
The business world is going to get A LOT smaller.
Also – the credit markets are totally ceased. A solid multi deal used to get 15 bids in the market. Two days ago, one bid was lucky. Today – zero bids.
Fun!