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Chance of furlough?

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Old 03-08-2020, 08:59 AM
  #231  
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Originally Posted by tommy2times
There will be furloughs! This epidemic will get way worst before it gets better.
Certainly will if CNN and the media has their, say. Keep in mind 80,000 people died last year from the flu virus, just in the U.S., we are not even writhing telescope range of seeing that, and the vaccine is 47% effective....yet the TV news hardly mentions it.

Scuse me while I make a run to Costco to buy out their stock of toilet paper for my bunker. 😷
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Old 03-08-2020, 09:07 AM
  #232  
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Originally Posted by BMEP100
Certainly will if CNN and the media has their, say. Keep in mind 80,000 people died last year from the flu virus, just in the U.S., we are not even writhing telescope range of seeing that, and the vaccine is 47% effective....yet the TV news hardly mentions it.

Scuse me while I make a run to Costco to buy out their stock of toilet paper for my bunker. 😷
It's not the coronavirus; it's the possible economic impact of the coronavirus.
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Old 03-08-2020, 09:12 AM
  #233  
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Originally Posted by Andy
It's not the coronavirus; it's the possible economic impact of the coronavirus.
Just remember that we have something that we didn’t have during the Dark Decade. We have at least 400+ retirements per year. Any possible retirement age increase hasn’t even been written by our National Legislators. Any age increase has to be codified into law.
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Old 03-08-2020, 09:12 AM
  #234  
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Originally Posted by Andy
It's not the coronavirus; it's the possible economic impact of the coronavirus.
Exactly. This is going to be longer than 2 years.The recession this has caused will be pretty deep. As noted in the NYTimes...

“The coronavirus has already sent stock markets into convulsions, rattled supply chains and forced companies to dust off emergency response plans. Stocks plunged again on Thursday, with the S&P 500 falling more than 3 percent. But the abrupt decline in global air travel suggests that the economic impacts of the outbreak may be entering a more disruptive phase.
It has been almost 20 years since the aviation industry faced such an existential threat. After the terrorist attacks of Sept. 11, 2001, global air travel plummeted, and it took years for airlines to fully recover. Today there are worries that the coronavirus could have a similarly disastrous impact”
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Old 03-08-2020, 09:17 AM
  #235  
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Originally Posted by BMEP100
Certainly will if CNN and the media has their, say. Keep in mind 80,000 people died last year from the flu virus, just in the U.S., we are not even writhing telescope range of seeing that, and the vaccine is 47% effective....yet the TV news hardly mentions it.

Scuse me while I make a run to Costco to buy out their stock of toilet paper for my bunker. 😷
I hope Bernie wins, better social welfare safety nets under his government. It will make unemployment a breeze
BTW CNN is the network of the majority of the population in this country and not that garbage FOX right wing BS propaganda.
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Old 03-08-2020, 09:18 AM
  #236  
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Originally Posted by DashTrash
Just remember that we have something that we didn’t have during the Dark Decade. We have at least 400+ retirements per year. Any possible retirement age increase hasn’t even been written by our National Legislators. Any age increase has to be codified into law.
I prepare for every checkride. Consider this to be a financial checkride. We may not see a single furlough but I'm going to be prepared in case I take a hefty paycut.

Are you and others here recommending no advance financial preparation? That seems like a poor course of action.
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Old 03-08-2020, 09:20 AM
  #237  
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Originally Posted by Andy
It's not the coronavirus; it's the possible economic impact of the coronavirus.
Id say its more the economic impact from the irrational panic over the virus. Stoked by media know it alls with an agenda and an inability to do a simple division problem.

500M/370M = 1M? Hilarious.
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Old 03-08-2020, 09:25 AM
  #238  
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Originally Posted by Andy
I prepare for every checkride. Consider this to be a financial checkride. We may not see a single furlough but I'm going to be prepared in case I take a hefty paycut.

Are you and others here recommending no advance financial preparation? That seems like a poor course of action.
Absolutely not!!! We should always be conservative with respect to our individual finances. I’m just tired of hearing that the sky is falling. I believe in being prepared, but not cross bridges that haven’t been built yet.
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Old 03-08-2020, 09:55 AM
  #239  
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Originally Posted by Andy
I prepare for every checkride. Consider this to be a financial checkride. We may not see a single furlough but I'm going to be prepared in case I take a hefty paycut.

Are you and others here recommending no advance financial preparation? That seems like a poor course of action.
absolutely not. Always be prepared. There WILL be a catastrophic event that will cause furloughs and bankruptcy and REAL pain......but this virus ain’t it.

the only damage this cold will cause us is to our profits sharing check.
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Old 03-08-2020, 10:05 AM
  #240  
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Originally Posted by domino
Exactly. This is going to be longer than 2 years.The recession this has caused will be pretty deep. As noted in the NYTimes...

“The coronavirus has already sent stock markets into convulsions, rattled supply chains and forced companies to dust off emergency response plans. Stocks plunged again on Thursday, with the S&P 500 falling more than 3 percent. But the abrupt decline in global air travel suggests that the economic impacts of the outbreak may be entering a more disruptive phase.
It has been almost 20 years since the aviation industry faced such an existential threat. After the terrorist attacks of Sept. 11, 2001, global air travel plummeted, and it took years for airlines to fully recover. Today there are worries that the coronavirus could have a similarly disastrous impact”
Because we all know that the New York Slimes is a beacon of unbiased opinion! Give me a break! Comparing this “epidemic” to the terrorist attacks of September 11th is irresponsible at best. It’s a flu virus for God’s sake, trust me you’re gonna live!! We didn’t have this much panic over Ebola, and that was basically a death sentence with you bleeding out of every orifice!! Calm the **** down people!!
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