Bandit King wrote:What happens to people with massive debt if they can’t work due to Coronavirus?
The lenders are **** out of luck
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Bandit King wrote:What happens to people with massive debt if they can’t work due to Coronavirus?
Bandit King wrote:What happens to people with massive debt if they can’t work due to Coronavirus?

madvillian wrote:You can stop most business now or all business in two months. That's basically the choice. People think a little discomfort is bad when the curve is relatively flat have no idea what's coming it exponential growth hits.
#flattenthecurve. Now is not the time to play tough guy. You're only hurting your fellow Americans long term.
League Circles wrote:Bandit King wrote:What happens to people with massive debt if they can’t work due to Coronavirus?
The lenders are **** out of luck
dumbell78 wrote:Random comment....Mikal Bridges stroke is dripping right now in summer league. Carry on.

HomoSapien wrote:My wife's side has planned this family trip where we're all going to England, Jordan, Israel, and Qatar. Crazy trip, was really excited to go about it, but now I seem to be the only one who thinks this is a bad idea, which I'm finding very stressful. It'd be one thing if it was just my wife and I, but it's hard with my in-laws and no one else seems to be very informed about what's going on. I'm not even that worried about getting the virus, I'm just worried about getting stranded somewhere other than home.
ThreeYearPlan wrote:Bulls fans defend HomoSapien more than Rose.
Bandit King wrote:America is not prepared for it like China is.


League Circles wrote:Contraction would put tremendous downward pressure on prices via deflation and people would diversify their labor drastically (back to more typical historical levels where clearly well less than 50% of labor was traded vs what we have now which maybe approaches 80-90%). For virtually all of human history we only traded our labor very selectively, now we have all leveraged ourselves into trading virtually all of it. That creates excessive dependencies on the fragility of markets that are larger than we are adapted to deal with, and destabilizes civilization as a result.

HomoSapien wrote:HomoSapien wrote:My wife's side has planned this family trip where we're all going to England, Jordan, Israel, and Qatar. Crazy trip, was really excited to go about it, but now I seem to be the only one who thinks this is a bad idea, which I'm finding very stressful. It'd be one thing if it was just my wife and I, but it's hard with my in-laws and no one else seems to be very informed about what's going on. I'm not even that worried about getting the virus, I'm just worried about getting stranded somewhere other than home.
Well, update to this. My wife and I have finally decided to cancel our entire trip. It took until yesterday for my wife to finally come to terms with how bad this situation is. Still some members of her family are hellbent to go (although the Israel portion is definitely out due to the mandatory two-week quarantine). Her grandparents are 93 and 87, and the people who live and care for them are planning on traveling. Just seems completely unbelievable to me that they would risk exposing them to this by traveling and then coming home to them.
DuckIII wrote:I live in a rural community of 6,000 nowhere near any urban area. I stopped at Walmart today to pick up some tea, and saw someone I knew pushing a cart down the aisle. I made a joke asking her why she didn’t have any toilet paper, and she laughed and said there isn’t any. I also laughed. Then I walked past that aisle and not only was there absolutely no toilet paper, but there were only about 10 rolls of paper towels.
The rest of the store, including all non-perishable food, was completely stocked. People are weird.
MikeDC wrote:Think about it in simple terms. You have 10 guys with $1/ea and 10 loaves of bread. If you suddenly give those 10 guys an extra $1, so they have $2/each, but all they can do is still buy the 10 loaves of bread, then the price of bread is going to go up.
HomoSapien wrote:HomoSapien wrote:My wife's side has planned this family trip where we're all going to England, Jordan, Israel, and Qatar. Crazy trip, was really excited to go about it, but now I seem to be the only one who thinks this is a bad idea, which I'm finding very stressful. It'd be one thing if it was just my wife and I, but it's hard with my in-laws and no one else seems to be very informed about what's going on. I'm not even that worried about getting the virus, I'm just worried about getting stranded somewhere other than home.
Well, update to this. My wife and I have finally decided to cancel our entire trip. It took until yesterday for my wife to finally come to terms with how bad this situation is. Still some members of her family are hellbent to go (although the Israel portion is definitely out due to the mandatory two-week quarantine). Her grandparents are 93 and 87, and the people who live and care for them are planning on traveling. Just seems completely unbelievable to me that they would risk exposing them to this by traveling and then coming home to them.

DuckIII wrote:I live in a rural community of 6,000 nowhere near any urban area. I stopped at Walmart today to pick up some tea, and saw someone I knew pushing a cart down the aisle. I made a joke asking her why she didn’t have any toilet paper, and she laughed and said there isn’t any. I also laughed. Then I walked past that aisle and not only was there absolutely no toilet paper, but there were only about 10 rolls of paper towels.
The rest of the store, including all non-perishable food, was completely stocked. People are weird.
kulaz3000 wrote:DuckIII wrote:I live in a rural community of 6,000 nowhere near any urban area. I stopped at Walmart today to pick up some tea, and saw someone I knew pushing a cart down the aisle. I made a joke asking her why she didn’t have any toilet paper, and she laughed and said there isn’t any. I also laughed. Then I walked past that aisle and not only was there absolutely no toilet paper, but there were only about 10 rolls of paper towels.
The rest of the store, including all non-perishable food, was completely stocked. People are weird.
So it's not just Sydney? That's been the case here for about 2 weeks now. I haven't seen a roll of toilet paper at my local supermarket for a long time, or pasta, or simple drugs for that matter.
It's a bizarre time in Sydney, we were recently hit with massive bush fires, then there were massive down pours with floods, now there is this.
kulaz3000 wrote:DuckIII wrote:I live in a rural community of 6,000 nowhere near any urban area. I stopped at Walmart today to pick up some tea, and saw someone I knew pushing a cart down the aisle. I made a joke asking her why she didn’t have any toilet paper, and she laughed and said there isn’t any. I also laughed. Then I walked past that aisle and not only was there absolutely no toilet paper, but there were only about 10 rolls of paper towels.
The rest of the store, including all non-perishable food, was completely stocked. People are weird.
So it's not just Sydney? That's been the case here for about 2 weeks now. I haven't seen a roll of toilet paper at my local supermarket for a long time, or pasta, or simple drugs for that matter.
It's a bizarre time in Sydney, we were recently hit with massive bush fires, then there were massive down pours with floods, now there is this.
kulaz3000 wrote:DuckIII wrote:I live in a rural community of 6,000 nowhere near any urban area. I stopped at Walmart today to pick up some tea, and saw someone I knew pushing a cart down the aisle. I made a joke asking her why she didn’t have any toilet paper, and she laughed and said there isn’t any. I also laughed. Then I walked past that aisle and not only was there absolutely no toilet paper, but there were only about 10 rolls of paper towels.
The rest of the store, including all non-perishable food, was completely stocked. People are weird.
So it's not just Sydney? That's been the case here for about 2 weeks now. I haven't seen a roll of toilet paper at my local supermarket for a long time, or pasta, or simple drugs for that matter.
It's a bizarre time in Sydney, we were recently hit with massive bush fires, then there were massive down pours with floods, now there is this.