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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Cogito Ergo Sum who wrote (74525)3/20/2020 9:47:22 AM
From: maceng2  Read Replies (1) of 74559
 
I was at my part time J6P place of work this morning. I am 65+ years old. The CoV-19 is causing massive havoc on an economic scale. However the human spirit has stepped up to the challenge in many ways. A lot of the old timers were at work, and I expect some of the 20 years olds goofed off, as it really is great be young and not having to be responsible. For most of the morning I felt as if my sinuses were blocked up, I wanted to sneeze, and cough. When clock off time came ... magically I felt in a superb condition. The power of the mind at work... and it does work. The bosses made the canteen free which was a real smart idea. A lot of the big stores have been stripped bare so working people have been finding it hard to buy food and stuff. Free food, already cooked, is a big incentive coming into work. The work place has more then 30% people absent for a variety of reasons but many of the staff can work from home.

To me this is like the "Hong Kong" variety of flu possibly.

en.wikipedia.org

Not a days work was lost because of anything written in the newspapers or put on the Tee Vee far as I remember, but it was a fairly lethal variety of the flu. This isn't the case with CoV-19.

There will be a lot of angry bosses looking at red ink on the balance sheet, and a major proportion of the public will lose faith in the government and the media if this stuff in the press turns into a damp squib. A non functioning crisis event.

imho of course :-)

I drove home at lunch time and stopped by two stores. They have adapted. They still open and close at the same time. The hoarders are queued up ready to hit them as soon as they open, even at 7:00am, but the management have gotten smarter. They have directed their staff to slowly and continuously fill the shelves as each day progresses. That way, you can turn up at the shop and expect to see produce on sale. Rationing has kicked in too which should have been voluntary in the first place, but I guess some people are still newbies at dealing with a crisis. You look after your fellow human beings too or your ability to survive will be severely curtailed imho.



Is this a responsible picture to stick on the front page of newspapers at the moment? I think not.

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