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CoronitaParticipant[quote=FlyerInHi]Yeah, pick your fight.
However, how does reforming the police hurt Asian Americans?You seem unable step back outside of yourself and look at structural issues we face as a society. It’s always about you.
I call the police every so often to protect my interests. However, I know that the system is broken.[/quote]
Wow, Brian, personal again? Taking the high road again?
CoronitaParticipant[quote=FlyerInHi]You’re very individualistic, flu. Buy American would be very much in contradiction.[/quote]
Personal again, Brian? High road again?
CoronitaParticipant[quote=FlyerInHi]Without fail, flu, you always manage to turn a topic into something about you winning.[/quote]
Wow Brian, going personal and high road again?
CoronitaParticipant[quote=FlyerInHi]Corona, it’s all about you and your unrelated grievances again.
[/quote]
Wow Brian, personal again?
CoronitaParticipant[quote=FlyerInHi]
What makes you say that “Just people don’t want to acknowledge it” ?Doesn’t winning speak for itself? Sounds like you care a whole lot about getting accolades.[/quote]
Wow, Brian, getting personal again… Is this what you meant by taking the high road?
CoronitaParticipant.
CoronitaParticipant[quote=FlyerInHi]I feel like Corona wants to have his cake and eat it too. He selectively wants to be negative then bitches about other people’s posts, which itself is negative.
For example: wow we’re becoming the “United States of France”, too many regulations in California, maybe move to Colorado, deficits are so bad for the economy….. If those are so bad, then does it not follow that bad things will happen?[/quote]
Wow, Brian, I haven’t really looked at your posts before since you’ve been on my ignore list. But others that PM’d me said you’ve been kinda going heavy on the personal attacks for some time…. Is this what you mean by taking the high road?
CoronitaParticipantOk, back to financials…. I’ve been thinking about this for some time and I can’t say I disagree that we are due for some correction some time in some sectors. But in every disaster, there’s bound to be some winners as well.
Regarding the riot: it’s my opinion that this is a short term thing that won’t have a huge long term impact, except maybe in the areas were the riots are taking place. But I don’t think these social unrest will continue indefinitely.
Covid: it appears there are large swarms of businesses that will be permanently affected, particularly businesses that require close contact with people. However, there’s got to be some evolution to some other form. Just some examples.
Movie theaters: these were already in a death spiral even before pre-covid. However, covid accelerated the push to online content and stream services. Disney’s push to monetizing their own streaming service outside of netflix or anyone else seems to suggest there’s a huge money opportunity for streaming services, and we are only getting started. So while companies like AMC theaters probably will do horrible moving forward, I’m not convinced the movie industry will contract.
Work from home: there’s a very large population that has been working remotely. And this probably has change the landscape of the work environment. People don’t need to go into an office anymore, it’s more acceptable to have remote employees. This seems to have very large implications. As my own company is experiencing this, I think this is going to seriously make some companies reconsider a need for leasing office space. If most everyone is working remotely or from home, why bother leasing a big office? Maybe moving forward, the WeWork shared office space makes more sense. Meanwhile, people who are working at home…now need a home office. I think this might make people considering upgrading their home. Working from home also opens the door to a lot of new technology that needs to be done. For example, better streaming tech, better security, more tools app for facilitating collaboration, better hardware and software. A lot of work needs to be done here. And look at how this is driving some of the things in the tech sector. Computer hardware spending is going up. Companies like Xoom and Slack are killing it. SnapChat, once thought was going to die, is not suddenly looking not so bad as a communication media. Microsoft is now pushing for their collaborative work environment. We now need higher bandwidth, and this could accelerate adoption of 5G.
My company is in the middle of trying to figure out how to allow some customers open early, and how to implement effective contact tracing without stepping over people’s privacy and violating Hippa. This shit is hard. And there’s no way we are going to be able to solve these problems to allow people to open safely overnight. It’s going to take months/years, and it will continue to evolve.
People think Covid is going to accelerate a recession. I’m not so sure. Maybe manual skill labor job people will be highly affected. But I’m thinking covid is going to force people to spend money to rethink reinvent a lot of way we do business and enjoy our leisure activities in order to survive. Covid was such a sudden and unexpected jolt, no one was really prepared to handle it correctly. So that no money or resources were spent to prepare for it. That money is now being spent, and it’s partly being subsidized by governments because the hit was so large, government intervention was needed. Now, there’s a lot of flurry of activity to see how we can adapt to covid. Some of this will be successful, some wont be. And some new things will come out of this
On the other hand, if covid did not happen, perhaps a natural recession might have taken place, because the economy would have grown stale from lack of growth and lack of new opportunities that covid that has now opened the doors to.
Take biotech/pharma for instance. Covid is driving more research for a vaccine and for early detection. This is a lot of jobs and a lot of money exchanging hands that wasn’t happening pre-covid.
Also, if we continue along with a economic cold war with china, which at this point is probably very likely, we will be preoccupied “arming” this country. We’re already seeing this, by bringing a lot of the work here.
CoronitaParticipant[quote=ltsddd][quote=Coronita][quote=The-Shoveler]
Maybe SD RE is doing better as Work at home renters ect.. join the escape LA crowd.[/quote]
Don’t know. This was an interesting read though..
These Housing Markets Could Be Most at Risk in a Coronavirus-Fueled Recession
This isn’t the only source saying this too.[/quote]
If history repeats, I expect Las Vegas, Phoenix, and our very own Chula Vista will all get a 50% haircut. I think CV was down that much during the last 2 housing busts. I’ll be buying in CV this time around.[/quote]
I think in ChulaV and Imperial, it’s already bad.
CoronitaParticipantCoronitaParticipantWelcome back, old timer!
Completely unrelated to the question of the economy… I have much more important question to ask you davelj.
Did you ever settle down with a woman and get married or are you still on self-pilot? Sorry if it sounds a bit rude but life is just so full of twists and turns and after decades of being MIA, I’m just curious how things are. Each of the old timer had a unique personality that I remeber and if memory serves me correctly, a long time ago, both you and NeetaT both were pretty adament about marriage… that’s why I was completely floored when NeetaT showed up again after being months MIA and said “if it wasn’t for my wife I would have long moved out of California” or something like that. I know, I was completely floored because this wasn’t the NeetaT that I remember that posted about his Porsche 911 and women dates. I’m totally happy he found the right person and is such a keeper that he would actually remain in CA for her, clearly not the NeetaT that I remember! And if I remember, you had similar viewpoints and shared a few conversations that were interesting and amusing with a few folks. So I’m curious how you’ve been. I hope you are doing well, happy, and healthy.
Man, it’s good to see some of you old timers coming back. I’ve been lonely here holding the fort. You can or believe some of the new freshman piggs. They are just nuts in what they say….
Now, if only Allan from Fallbrook would come back , I would be pretty content. If by chance you’re still in touch with him , hopefully you can convince him to come back, if at most just briefly. I’m dying here.
Stay healthy and happy old friend.
CoronitaParticipant[quote=The-Shoveler]
Maybe SD RE is doing better as Work at home renters ect.. join the escape LA crowd.[/quote]
Don’t know. This was an interesting read though..
These Housing Markets Could Be Most at Risk in a Coronavirus-Fueled Recession
This isn’t the only source saying this too.
CoronitaParticipant[quote=gzz]Dixieline closed at 6pm before covid. Now maybe they are like traditional Mexican banks, 9-11 and 2-3.[/quote]
Grainger is even better. Curbside pickup only.
But at least they still sell P100 respirator masks and replacement cartridges….
Shhhhh don’t tell anyone…https://www.grainger.com/product/MSA-Advantage-Half-Mask-Respirator-4LR40
CoronitaParticipant[quote=ltsddd]Yeah. Indexing those 10 companies.[/quote]
If it’s indexing everying, those company added $900billion while the others lost $300billion..Net effect is still positive, no?
If it all, it makes a case for drip drip drip into index and forget about it, as mentioned several times on this thread and other threads…
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