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<p>[QUOTE="Rono, post: 4338546, member: 6492"]Howdy folks,</p><p><br /></p><p>Not a doom and gloom guy either. Never been a gold bug. Not a prepper. That all said, I was a Boy Scout and do believe in Be Prepared and I've been a collector for over 60 years. </p><p><br /></p><p>When we get massive testing AND some treatments, we'll start getting the economy back up and running. However, and this is huge, some parts of the economy will take years if not decades to recover. Some never will. We all need to start thinking of life as BV or AV. Before or After the Virus. </p><p><br /></p><p>Some industries that are DOA include Cruise Lines, Casinos, Resorts and big Hotels, Convention Centers, stadium events - sports, concerts, Rallies. Sure, maybe when there's a vaccine, (and before for some), people will start to fly or cruise or go to Disney World. BUT it's a greatly reduced percentage of people that did BV. And we all know folks that never traveled before - it's now a much larger number. How soon are you going to get on a commercial aircraft to go on vacation with your spouse? Gonna take that cruise? </p><p><br /></p><p>We were booked on a Med Cruise with Viking for April 24th starting from Venice and sailing to Barcelona. Getting a cash refund BUT at 71, I doubt we're ever going to go on a cruise again OR a foreign vacation or fly in a commercial plane. We an expression in the service, 'if you can't truck it, *uck it'. </p><p><br /></p><p>Forever changed? Restaurants (with social distancing cutting revenues in half, most are OB but all will be changed. They're estimating that at least 30% of all restaurants will disappear before fall. Education - why pay $1000's in tuition when you don't go to class but take the courses On Line. Ed will never go back to F2F.</p><p><br /></p><p>Medicine? Going virtual but watch what's happening right now to the For Profit Healthcare industry? They're all going bankrupt as I type. All their profits were on nickel and dime BS charges for BS care and procedures. They are all shut down as being Non-essential AND they're laying off medical personnel - as I type. Oh, but there's the public health system. Ooops. My bad. There is NO public health care system. </p><p><br /></p><p>It's all about going from a Face to Face world to a Virtual world. How many people have been forced to make their first On Line purchase or go On Line to buy groceries and have them delivered? They're going to LOVE IT and many will not go back to going to the Big Box stores. Malls? Oh really. Plow them under and turn them into Drive In Theaters 'cause God knows movie theaters are toast. </p><p><br /></p><p>For going forward, WATCH what happens? Who gets it and who doesn't. Which companies and industries have adapted and are doing well? </p><p><br /></p><p>good luck folks,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 4338546, member: 6492"]Howdy folks, Not a doom and gloom guy either. Never been a gold bug. Not a prepper. That all said, I was a Boy Scout and do believe in Be Prepared and I've been a collector for over 60 years. When we get massive testing AND some treatments, we'll start getting the economy back up and running. However, and this is huge, some parts of the economy will take years if not decades to recover. Some never will. We all need to start thinking of life as BV or AV. Before or After the Virus. Some industries that are DOA include Cruise Lines, Casinos, Resorts and big Hotels, Convention Centers, stadium events - sports, concerts, Rallies. Sure, maybe when there's a vaccine, (and before for some), people will start to fly or cruise or go to Disney World. BUT it's a greatly reduced percentage of people that did BV. And we all know folks that never traveled before - it's now a much larger number. How soon are you going to get on a commercial aircraft to go on vacation with your spouse? Gonna take that cruise? We were booked on a Med Cruise with Viking for April 24th starting from Venice and sailing to Barcelona. Getting a cash refund BUT at 71, I doubt we're ever going to go on a cruise again OR a foreign vacation or fly in a commercial plane. We an expression in the service, 'if you can't truck it, *uck it'. Forever changed? Restaurants (with social distancing cutting revenues in half, most are OB but all will be changed. They're estimating that at least 30% of all restaurants will disappear before fall. Education - why pay $1000's in tuition when you don't go to class but take the courses On Line. Ed will never go back to F2F. Medicine? Going virtual but watch what's happening right now to the For Profit Healthcare industry? They're all going bankrupt as I type. All their profits were on nickel and dime BS charges for BS care and procedures. They are all shut down as being Non-essential AND they're laying off medical personnel - as I type. Oh, but there's the public health system. Ooops. My bad. There is NO public health care system. It's all about going from a Face to Face world to a Virtual world. How many people have been forced to make their first On Line purchase or go On Line to buy groceries and have them delivered? They're going to LOVE IT and many will not go back to going to the Big Box stores. Malls? Oh really. Plow them under and turn them into Drive In Theaters 'cause God knows movie theaters are toast. For going forward, WATCH what happens? Who gets it and who doesn't. Which companies and industries have adapted and are doing well? good luck folks, rono[/QUOTE]
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