[quote=The-Shoveler][quote=Coronita]MGM and Wynn resorts shutting down. Also locally, most of the casinos are shutting down too, bars and clubs. Total closure. Traffic will be great though :)[/quote]
This will get real crappy real quick economically unless uncle Sam starts sending out checks real soon.[/quote]
It’s just the tip of the iceberg that’s starting now. All indications is we really wont start coming back, until maybe May, and that would be a slow recovery and also assumes that even if we can get past this first virus way there won’t be a second wave (similiar to the Spanish Flu). One of my customers just shutdown, so there will be some impact, but the immediate impact will be the workers that work at those venues.
And this is just the first week of closures… It’s going to get worse in the tourism sector and it’s really bad news for places that depend primarily on tourism. Can’t pay mortgages and can’t pay rent when there’s no job and no job substitute in the area besides tourism. Ironically, this IS the dooms day scenario that many people wanted I thought. So maybe I was wrong about certain parts of the US. Certains parts of the US are now royally screwed.
Easy come, easy go. Thank you China 🙂
