Quoted from 27dnast:Just the past few weeks have had major ramifications for service industry businesses... a lot financial damage and waves can happen in a matter of 4 weeks.
Don’t forget, China has been shutdown for several months. GM sells more cars to China than within the US... the global supply chain has been majorly disrupted. And this has spread beyond China.
China is not shut down. It had slowed about 6 weeks ago but has picked back up. We are now getting things faster than ever. Things appear to have stabilized over there, but many people here are not taking this seriously. I see pics all over Facebook of local people having birthday parties and family gatherings with full houses of people. So the bars and restaurants close, but people still congregate. Religious gatherings too, all going on despite school closures and mandates from local governments. I saw one guy holding little league practice, saying that was social distancing, I’m thinking every time a kid touches the ball, he’s likely wiped his nose beforehand. Many people don’t believe the virus and think it’s all exaggerated. Maybe, maybe not, but the faster the numbers of infected stop going up, the faster we get back to normal life and we don’t suffer permanent negative effects.
