Wuhan flu man chu virus

[Hank70SS]

You can argue about the virus all you want but the doom and gloom part is real. This country and half the rest of the world is closed. Whether the virus is real or is as bad as they say or not, the economic impact is going to be devastating. How many people will be without a job when this is over? How many businesses will be closed for good? I think more people will suffer from that than the virus itself.

I own my cars, my home and have a pretty steady and secure income so in that sense we should be fine. I think you're in the same situation Tony but 3/4's of this country are not. They'll be trying to recover from this for years. Maybe I'm wrong, I hope I am, guess we'll see.

[FlintTony]

We are the same here hank. We don't owe anything. Everything we have is paid for, and we both are getting SS now. How long that will last is also up for debate. I made some wise investments many years ago, thinking that I would be set for life. But, when I see my portfolio drop 1/4 of a million in three days, I get just a little antsy. The last big hit we lost 185 grand, never to be seen again. There has been a slight up-tick in the last few days, but damn, this aint funny. I read where they figure that over 50% of the small business places will never open again. I feel so bad for those guys. The Gov has revised the guesstimate of lost lives, so that is making shit a little better for now.

[Hank70SS]

I haven't looked at my IRA for awhile. I know it's down a lot, just have to hope it recovers some. Lynda and I have pensions and SS, we could survive on that but things would be tight. I did lower the amount coming out of the IRA every month. We're not going anywhere or doing anything so why take the money out while the market is down.

It's the loss of jobs and businesses that worries me. I think this country is going to look a whole different when this is over and it won't be in a good way.

[Hank70SS]

I know they can't really say how many people have it, had it and recovered, etc. I know that New York is hurting. Our daughter is a nurse anesthetist. Unlike what you see on TV, they are the ones that typically intubate people to put them on a vent. They're also trained to monitor and adjust the ventilators. Right now she is short of work because most of the smaller surgical centers she works at are shutdown. Most of what they do is elective or non-critical surgery. She can go to New York and make $15,000 a week if she wanted to. Problem is that's 12.5 hour shifts, 7 days a week. If the virus doesn't kill you, running non-stop 12.5 hours a day, 7 days a week will.