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7
clambo
2020 Apr 9, 10:21am
Four weeks of unpaid leave will not destroy our economy.
The Depression was a result of too many bank failures which followed a stock market crash.
Banks today are not going to be allowed to fail, as we have seen already.
The Depression was a result of too many bank failures which followed a stock market crash.
Banks today are not going to be allowed to fail, as we have seen already.
8
Eman
2020 Apr 9, 10:55am
Eman
2020 Apr 9, 10:55am
First of all, a Chinese restaurant selling margarita? That’s the first time I’ve heard of it.
Second, this gentleman didn’t live through the Great Depression. However, I believe he is going through his own Great Depression due to shelter-in-place (SIP). His business has suffered financially big time. He’s losing money on his restaurant while he still has his home and other living expense obligations. This SIP has hurt a lot of businesses.
I don’t care what the experts and the president say. SIP has to be lifted by May 1st. We have to go back to work even if we catch the coronavirus and die. People’s lives can’t be ruined financially with SIP.
Second, this gentleman didn’t live through the Great Depression. However, I believe he is going through his own Great Depression due to shelter-in-place (SIP). His business has suffered financially big time. He’s losing money on his restaurant while he still has his home and other living expense obligations. This SIP has hurt a lot of businesses.
I don’t care what the experts and the president say. SIP has to be lifted by May 1st. We have to go back to work even if we catch the coronavirus and die. People’s lives can’t be ruined financially with SIP.
10
Maga_Chaos_Monkey
2020 Apr 9, 7:00pm
Maga_Chaos_Monkey
2020 Apr 9, 7:00pm
thomasdong1776 says
Nothing. Pacifica is full of scummy salty people. Definitely nothing to brag about.
What does that have to do with anything?
Nothing. Pacifica is full of scummy salty people. Definitely nothing to brag about.
11
Rin
2020 Apr 9, 7:12pm
Rin
2020 Apr 9, 7:12pm
E-man says
In the greater Boston area, there a lot of these 'Americanized' Chinese places, though not known for their food, always pack it in with the drinkers.
And yes, all kinds of Margaritas and Martinis are on the menu.
Whenever I find myself at those places, I simply order a dish of Chow Mein with the Martinis as nothing else on the menu is worth eating.
First of all, a Chinese restaurant selling margarita? That’s the first time I’ve heard of it.
In the greater Boston area, there a lot of these 'Americanized' Chinese places, though not known for their food, always pack it in with the drinkers.
And yes, all kinds of Margaritas and Martinis are on the menu.
Whenever I find myself at those places, I simply order a dish of Chow Mein with the Martinis as nothing else on the menu is worth eating.
12
AD
2020 Apr 9, 7:28pm
AD
2020 Apr 9, 7:28pm
.
This is a goverment forced shutdown. Its a Democrat dream as it crashed the economy to make Trump look bad, and also has enacted major government control over our lives.
Businesses like restaurants did not shut down due to lack of adequate business.
I like Bloomin Brands as far as a dining customer with its Carabba Brothers and Outback Steakhouse. Its at $9.12. It was around $25 back in April 2018. So maybe the next 12 months it will average about 50% of pre-COVID 19 business.
Look at how cruise lines are about 80% below their recent all time high share price. I can't imagine cruise lines will not be at 25% of normal business for the next 12 months starting in July.
That is how you should price in a stock initially as well as look at many other indicators like S&P credit rating, earnings per share for last 5 years, book value per share, debt to equity, etc.
This is a goverment forced shutdown. Its a Democrat dream as it crashed the economy to make Trump look bad, and also has enacted major government control over our lives.
Businesses like restaurants did not shut down due to lack of adequate business.
I like Bloomin Brands as far as a dining customer with its Carabba Brothers and Outback Steakhouse. Its at $9.12. It was around $25 back in April 2018. So maybe the next 12 months it will average about 50% of pre-COVID 19 business.
Look at how cruise lines are about 80% below their recent all time high share price. I can't imagine cruise lines will not be at 25% of normal business for the next 12 months starting in July.
That is how you should price in a stock initially as well as look at many other indicators like S&P credit rating, earnings per share for last 5 years, book value per share, debt to equity, etc.
13
Y
2020 Apr 9, 7:39pm
Y
2020 Apr 9, 7:39pm
1929 was a pussy depression compared to the Barringer Crater of -47980...
ohomen171 says
ohomen171 says
We are in a great depression right now. It is going to be worse than 1929."
14
Shaman
2020 Apr 9, 8:48pm
Shaman
2020 Apr 9, 8:48pm
ad says
Looking out on the LA Harbor today, I saw six cruise ships parked. One was docked and the others anchored outside the breakwater. All had color coding for Carnival and one was the Carnival Panorama according to its hull.
That would be Carnival’s entire West Pacific fleet tied up perhaps for months, most of the crew still on board, probably trapped. That’s what happens to foreign workers when an economic issue with their ship company places a their ship in watery stasis. Hopefully that company remembers to feed them! Some crews on certain ships have had to resort to begging from passing watercraft and fishing for sustenance.
Look at how cruise lines are about 80% below their recent all time high share price. I can't imagine cruise lines will not be at 25% of normal business for the next 12 months starting in July.
Looking out on the LA Harbor today, I saw six cruise ships parked. One was docked and the others anchored outside the breakwater. All had color coding for Carnival and one was the Carnival Panorama according to its hull.
That would be Carnival’s entire West Pacific fleet tied up perhaps for months, most of the crew still on board, probably trapped. That’s what happens to foreign workers when an economic issue with their ship company places a their ship in watery stasis. Hopefully that company remembers to feed them! Some crews on certain ships have had to resort to begging from passing watercraft and fishing for sustenance.
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Your morning briefing..I have 53 years of experience flying on various aircraft (military and civilian) around the world. This includes three take offs and landings from an aircraft carrier deck.
In flying the two nightmare moments are when oxygen masks drop and the pilot shouts out over the intercom:
"Brace for impact!!!"
In all these years flying, I have had a couple of close calls. I have never had the oxygen marks drop or heard those dreaded words above.
I'm friends with Alan Tam. He started life in Hong Kong. He immigrated to the US. He ended up in Pacifica. He opened Tam's Chinese restaurant. Normally I would come in at lunch, have a great plate of Chinese food washed down with a superb Margarita. Alan and I would make small talk. He is a gentleman and highly intelligent. He is not a political extremist or a man who believes conspiracy theories or apocalyptic prophesies.
Today I went to buy a takeout lunch. The food was great as always. I asked for a Margarita to take away with lunch. (The state of California suspended some alcoholic beverage rules to allow alcohol takeaways). Alan claimed that he was not allowed to do this.
We started to talk about his current situation. He made the following comment:
"We are in a great depression right now. It is going to be worse than 1929."
On those words I shall close.
Be careful out there!
Amo-a,
-JackW