Coronavirus - effects on business

[Frog]

Not trying to get this pushed to the controversy cage or anything... but this all seems to be a gross overreaction on the part of media & governments. Its not like this is freaking ebola right?! 20 yr olds aren't bleeding out of their eyeballs and dying here. The vast majority of folks who get sick have mild symptoms and can ride it out at home from what I understand. Why the hell are we shutting down the entire economy for what is basically influenza. Why not just have the high risk population self quarantine and have them medical community practice standard contact / droplet precautions to prevent the spread into at risk populations. The effects on workers, businesses, and the economy as a whole should be taken into account. We're not going to be able to get this time back.  In the UK they're not banning public gatherings and are basically waiting it out so that the population develops herd immunity, therefore stopping the spread. Theory is once 60-70% of the pop gets it, they have immunity and the spread stops / slows. Meanwhile life goes on and only the high risk population is very careful. Better solution IMO, considering that containment may or may not actually work at this point.

I have family in the high risk population, if they get it, its not going to go well. Its up to them to be mindful, but damn the economic impacts have to be balanced here, or there are going too be a whole lot of repos (and worse) going down for people who live from paycheck to paycheck.

We have dropped pretty hard, zero contract biz incoming and many in the queue cancelled. Now that they are shutting down restaurants, breweries etc AKA my retail customers, I also have to worry about my receivables. Are we going to get paid, hope so? Usually we're are pretty low on the totem pole when it comes to getting paid. May have to reconsider net 30 terms in the future depending on how all this shakes out. Furloughs looking inevitable, for 4-6-8 weeks? We can only clean the press, ink containers, and sharpen squeegees for so long.

Always the possibility that i'm totally off base in my assessment. But really, I cant help but think we're being screwed here, and its going to get much worse before it gets better.

The simple answer as to why these seemingly extreme measures are being taken is quite simply "to hopefully flatten the curve"
Google it.

[Doug B]

  90% of our work is from restaurants, bars, wineries, schools and cruise lines. I just talked to the boss and lay-offs and/or shortened work weeks are inevitable. For heaven's sake, even the libraries are shut down in this city town.

[RICK STEFANICK]

Here in Vegas. Casinos are shutting down completely. They are estimating 200,000  service industry layoffs shortly. MGM properties and the Wynn have already closed

[Sbrem]

It's getting hard to make a plan, I must say. Coming out of a crappy January and February, this isn't good. It was picking up nicely too, but today is a ghost town. Grrrr...

Steve

[GraphicDisorder]

We still have a couple weeks or so of work. Thankful for that. However today email has been very light the entire today. I think we are just starting to see the effects.

Keep in mind last week for a lot of Americans is when this went from a Meme, to real. I've been planning for this since January as we have been watching twitter and reddit for the media really got a hold of this.

[mk162]

Yes, we are probably over-preparing, but here is the simplest way to explain "flattening the curve"

This virus spreads FAST, and about 10% of those that get it will require hospitalization.  We don't have 1/2 the hospital beds needed if we continue on the trajectory we are on with infections.  The idea is to slow down transmission and keep enough beds open for everyone AND also to not overwork our healthcare workers.

You more than likely WILL NOT die from this.  But look at Italy...they overwhelmed their healthcare system and those that needed care couldn't get it, so they dies at home and now their loved ones are essentially trapped with a dead body.  These are people that would be alive if they got the care they needed

[Homer]

I agree, I am more inclined to push for the herd immunity because the second wave can and usually more severe. The damage to the economy this is taking is probably cause more issues than the virus itself.

....read that again....




But I'm not a doctor, I just put PaInT oN TshiRts 

[3Deep]

I just don't know what to say, but I do know we are going to be in some real trouble, we a have few jobs left on the board and pray we can print them before they cancel, right now I'm just feeling sick, not from any virus but from what comes next, heck I might have to close our shop if this goes on for a few months.

[whitewater]

This is going to get interesting.

It will be interesting to see how long this "quarantine " really lasts. How long do you think the businesses will be staying closed for? I dont think it matters what the government says, people here will get restless. Theres going to be a tipping point in the amount of time it lasts. We will be desperate to keep our businesses alive somehow. Not just ours, but everyones.

ill bet 100 bucks that this virus has already been here in the united states making the rounds. Before the first person even tested positive. So really its really to late to start all of this crap.

[Nitrox73]

We are done as of today. I own another business and it's also closing. All our merch clients have suspended orders, no school activities, spring Softball/baseball orders canceled, our restaurants are on hold, the last order we had was finished today.

The only good news- we didn't close on our new location yet.... If that can be considered good news?

The scary part is my daughter lives in France along with my wife's family. We've been watching the spread in Europe and how it's overloading the hospitals. Every time I read someone's post about this being an over reaction, I think about the doctors in Italy that are no longer treating the elderly because they have neither the bed space or resources. The closed case fatality rate is at 8%. That's the number of cases that the infected person either recovered or died. The 3% rate is based on the total number of case versus the total number of deaths.

At the end of the day, I just wanna print some cool tees....

[Nation03]

ill bet 100 bucks that this virus has already been here in the united states making the rounds. Before the first person even tested positive. So really its really to late to start all of this crap.

Honestly, I think I might of had it from Thanksgiving until almost Christmas. Threw up Thanksgiving night, had a fever for about a week after that and then it turned into the worst cough I've ever had. I never go to the doctor but this was keeping me up at night so I finally got some cough syrup which knocked me out and eventually stopped coughing. My brother had the same thing and my Fiance. Could of just been a really bad flu (which apparently is what this is anyway). Doctor didn't test me for it because it wasn't really being publicized yet. My in-laws were also visiting from Italy around then so.....

[CBCB]

PATIENT ZERO! GET HIM!


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[Rockers]

ill bet 100 bucks that this virus has already been here in the united states making the rounds. Before the first person even tested positive. So really its really to late to start all of this crap.

Honestly, I think I might of had it from Thanksgiving until almost Christmas. Threw up Thanksgiving night, had a fever for about a week after that and then it turned into the worst cough I've ever had. I never go to the doctor but this was keeping me up at night so I finally got some cough syrup which knocked me out and eventually stopped coughing. My brother had the same thing and my Fiance. Could of just been a really bad flu (which apparently is what this is anyway). Doctor didn't test me for it because it wasn't really being publicized yet. My in-laws were also visiting from Italy around then so.....

The virus just made the jump from animal to human in China in the third week of November. I really doubt you had it.

[mk162]

ill bet 100 bucks that this virus has already been here in the united states making the rounds. Before the first person even tested positive. So really its really to late to start all of this crap.

Honestly, I think I might of had it from Thanksgiving until almost Christmas. Threw up Thanksgiving night, had a fever for about a week after that and then it turned into the worst cough I've ever had. I never go to the doctor but this was keeping me up at night so I finally got some cough syrup which knocked me out and eventually stopped coughing. My brother had the same thing and my Fiance. Could of just been a really bad flu (which apparently is what this is anyway). Doctor didn't test me for it because it wasn't really being publicized yet. My in-laws were also visiting from Italy around then so.....

The virus just made the jump from animal to human in China in the third week of November. I really doubt you had it.

You misspelled "escaped from a Chinese research facility."  Honestly, that is what the Chinese government is saying...and at this point anything they say is nothing but lies.  This is their fault.

[Nation03]

I'm a skeptic when it comes to the origin. I know what the media is saying, but I don't think anyone really knows.