Economy is starting to hurt
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Started by wglassfo - March 2, 2020, 2:28 p.m.

I keep talking about the air lines but other parts of the economy have a lack of customers and revenue

Would you believe Bridal gowns are in short supply If it isn't on the rack you won't be able to order one

Chinese resturaants are hurting for a lack of customers

And the air lines

A round trip ticket to Sydney, Aistralia, business class, for 2998.00. That is usually 12,000.00 plus, unlesss you can find a ticket for an empty seat at the last moment

Business class that far are usually booked well in advance, with no discount

Hawaii is about the farthest you can go and find a discount

The supply chains are having a problem

China has about 60% of their factories up and running but one factory owner was told to use X amount of electricity or else he would get a visit

So he had to turn on all the power, even though he had an empty factory

A person wants to be careful about how much productin will come out of china

One small oil refinery has filed for BK. More expected to follow

It's a mess in china and nobody believes anything they say including their citizens.

They shut down the cities hoping the virus would burn itself out. Then back to work with good data on production

Problem is the citizens still have the virus when forced back to work. Most expect a second wave of infections but that remains to be seen

China needs to do some thing to help manufacturing as most say they will be out of funds in 2-3 more months

The world can not have healthy economies with out china. Too many put all their eggs in the china basket and now there are huge problems, as supply runs out

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