Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: RegulatorCountry

Not a small business owner and none among your family, friends or acquaintances I suspect.

Exactly. I’d wager nearly all the Wu Flu hobbyists have secure incomes, no mortgage, etc. They’re on a jihad and will never change their opinion. Not even when the economic carnage is apparent to even the most obtuse Wu Flu addict.


27 posted on 03/30/2020 8:21:26 AM PDT by lodi90 (Flubro)
[ Post Reply | Private Reply | To 19 | View Replies ]


To: lodi90
Exactly. I’d wager nearly all the Wu Flu hobbyists have secure incomes, no mortgage, etc. They’re on a jihad and will never change their opinion. Not even when the economic carnage is apparent to even the most obtuse Wu Flu addict.

I've been blessed to be able to work from home. I have lost almost half of my income (derived from a family business). I do have a mortgage but as fate would have it I closed on refinance just before the SHTF and don't have to make a payment until May. I bought a bunch of food before it all went down so I don't have to pay for food for 3 or 4 months if I don't want to. I have toilet paper for 5 months. I'm saving money by not going out to eat two or three times a week. I've redone my budget to reflect less income.

There is literally nothing else that is within my power to do. I could go clutching my pearls and crying about the future OR I can believe that President Trump has a plan and is sticking to it.

43 posted on 03/30/2020 8:29:05 AM PDT by DouglasKC
[ Post Reply | Private Reply | To 27 | View Replies ]

To: lodi90
It's like they are all cosplaying Walking Dead Season 3.

It's weird.

104 posted on 03/30/2020 9:06:58 AM PDT by hcmama
[ Post Reply | Private Reply | To 27 | View Replies ]

To: lodi90
Indeed. Wait till their pensions and retirement accounts blow up though, its coming (or massive printing + inflation).

The hotel industry is seeing revenue declines of approximately 90-95% right now. 9-11 was only down 30% for a couple weeks and 2008-09 was down 20%. It took the industry 60 months to recover from down 20%. How long will down 90-95 take? And then think of the adjacent industries (restaurants, car rentals, airlines, shopping, etc). Lastly, lenders are going to be VERY careful about lending in this environment, so even if you wanted to start a business post this, it will be hard as heck to do so unless you want to go all equity, which most businesses of any size will not, especially capital heavy businesses.

109 posted on 03/30/2020 9:10:25 AM PDT by rb22982
[ Post Reply | Private Reply | To 27 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson