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Stock market spiraling down in flames,
#3050902
02/24/20 08:55 AM
02/24/20 08:55 AM
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Joined: Jan 2004
Posts: 31,681 Slidell, La
perchjerker
OP
Freak of Nature
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OP
Freak of Nature
Joined: Jan 2004
Posts: 31,681
Slidell, La
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this morning. This is gonna be ugly. Where are the Geniuses that say Corona Virus is nothing ? It has spread to other Countries and now it's here. It is always best to err in caution, than it is to be stupid and open this Country to a pandemic. If you think it's no big deal because it has only attacked elderly, just wait viruses change. Anyone still think it's no big deal ?
Thomas Jefferson. The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.
Life is too short to only hunt and fish on weekends!
If being a dumbass was fatal some of you would be on your death bed!
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Re: Stock market spiraling down in flames,
[Re: perchjerker]
#3050931
02/24/20 09:30 AM
02/24/20 09:30 AM
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Joined: Dec 2001
Posts: 14,013 AL
hunterbuck
Booner
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Booner
Joined: Dec 2001
Posts: 14,013
AL
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this morning. This is gonna be ugly. Where are the Geniuses that say Corona Virus is nothing ? It has spread to other Countries and now it's here. It is always best to err in caution, than it is to be stupid and open this Country to a pandemic. If you think it's no big deal because it has only attacked elderly, just wait viruses change. Anyone still think it's no big deal ? Supply chain. That's where the market panic is coming from. China is shutting down factories and shipping facilities. It WILL affect supply chains with regards to nearly every product imaginable. We may be about to see just how much we depend on Chinese products. Not an alarmist, but something to keep an eye on.
"You think I care? Roll Damn Tide"
Have you tried Google?
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Re: Stock market spiraling down in flames,
[Re: hunterbuck]
#3050938
02/24/20 09:36 AM
02/24/20 09:36 AM
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Joined: Nov 2015
Posts: 21,456 HSV AL
jmudler
Freak of Nature
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Freak of Nature
Joined: Nov 2015
Posts: 21,456
HSV AL
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Supply chain.
That's where the market panic is coming from. China is shutting down factories and shipping facilities. It WILL affect supply chains with regards to nearly every product imaginable.
We may be about to see just how much we depend on Chinese products.
Not an alarmist, but something to keep an eye on. The amount of time we have been spending working on risk plans associated with Coronavirus is mind numbing. Flights, shipping, sub/sub suppliers, it is crazy right now if you are in the manufacturing of electronics industry.
Isaiah 5:20 Woe to those who call evil good and good evil, who put darkness for light and light for darkness, who put bitter for sweet and sweet for bitter.
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Re: Stock market spiraling down in flames,
[Re: hunterbuck]
#3050946
02/24/20 09:40 AM
02/24/20 09:40 AM
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Joined: Sep 2012
Posts: 18,941 North AL
AU338MAG
Old Mossy Horns
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Old Mossy Horns
Joined: Sep 2012
Posts: 18,941
North AL
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this morning. This is gonna be ugly. Where are the Geniuses that say Corona Virus is nothing ? It has spread to other Countries and now it's here. It is always best to err in caution, than it is to be stupid and open this Country to a pandemic. If you think it's no big deal because it has only attacked elderly, just wait viruses change. Anyone still think it's no big deal ? Supply chain. That's where the market panic is coming from. China is shutting down factories and shipping facilities. It WILL affect supply chains with regards to nearly every product imaginable. We may be about to see just how much we depend on Chinese products. Not an alarmist, but something to keep an eye on. We have sold our souls to China for cheap labor. This is why we need to bring back manufacturing jobs to this country.
Dying ain't much of a living boy...Josey Wales
Molon Labe
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Re: Stock market spiraling down in flames,
[Re: AU338MAG]
#3050960
02/24/20 09:51 AM
02/24/20 09:51 AM
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Joined: Aug 2018
Posts: 5,629 Georgia and Missouri
Semo
12 point
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12 point
Joined: Aug 2018
Posts: 5,629
Georgia and Missouri
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this morning. This is gonna be ugly. Where are the Geniuses that say Corona Virus is nothing ? It has spread to other Countries and now it's here. It is always best to err in caution, than it is to be stupid and open this Country to a pandemic. If you think it's no big deal because it has only attacked elderly, just wait viruses change. Anyone still think it's no big deal ? Supply chain. That's where the market panic is coming from. China is shutting down factories and shipping facilities. It WILL affect supply chains with regards to nearly every product imaginable. We may be about to see just how much we depend on Chinese products. Not an alarmist, but something to keep an eye on. We have sold our souls to China for cheap labor. This is why we need to bring back manufacturing jobs to this country. Hope it can be a wake-up call. Heard on Glenn Beck the other day that approximately 90% of antibiotics come from China. Sure it is nice to get free ones from Publix or $5 from Walmart, but our "leaders" have failed us in letting this happen....or better, we have failed ourselves by electing those who have less important focuses.
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Re: Stock market spiraling down in flames,
[Re: perchjerker]
#3050966
02/24/20 09:57 AM
02/24/20 09:57 AM
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Joined: Jan 2004
Posts: 31,681 Slidell, La
perchjerker
OP
Freak of Nature
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OP
Freak of Nature
Joined: Jan 2004
Posts: 31,681
Slidell, La
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yeah, we had ordered those masks that medical persons wear. The company had moved their operation to China and now China won't allow the masks ordered to be sent. Just like AU338 said. This is going to cause a melt down and many companies that left the US could go under. No one is even going to work in China. That cheap labor has bitten them on the azz. This is Global now since it had jumped to Italy, Korea and Iran. They are confused on how it got into Italy since no one from China entered the Country(that they know of). Can anyone say BUILD THE DAMN WALL?
Thomas Jefferson. The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.
Life is too short to only hunt and fish on weekends!
If being a dumbass was fatal some of you would be on your death bed!
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Re: Stock market spiraling down in flames,
[Re: perchjerker]
#3050971
02/24/20 10:00 AM
02/24/20 10:00 AM
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Joined: Jan 2011
Posts: 38,489 N. Bama
257wbymag
Boo Boo Head
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Boo Boo Head
Joined: Jan 2011
Posts: 38,489
N. Bama
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The bubble wrap. Don’t pop the bubbles
Quietly killing turkeys where youre not!!! My tank full of give a fraks been runnin on empty I'm the paterfamilias
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Re: Stock market spiraling down in flames,
[Re: perchjerker]
#3050980
02/24/20 10:09 AM
02/24/20 10:09 AM
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Joined: Nov 2005
Posts: 8,405 Chelsea, AL
lefthorn
14 point
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14 point
Joined: Nov 2005
Posts: 8,405
Chelsea, AL
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Just another virus
COVID-19: Approximately 2,250 deaths reported worldwide; 0 deaths in the U.S., as of Feb. 21, 2020.
Flu: 291,000 to 646,000 deaths worldwide; 12,000 to 61,000 deaths in the U.S. per year.
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Re: Stock market spiraling down in flames,
[Re: lefthorn]
#3050990
02/24/20 10:16 AM
02/24/20 10:16 AM
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Joined: Feb 2017
Posts: 1,622 FL-AL
Scout308
8 point
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8 point
Joined: Feb 2017
Posts: 1,622
FL-AL
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I would bet the death toll is at least 5x more than reported. The Chinese are downplaying it big time!
"America First! Nothing Else Matters"
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Re: Stock market spiraling down in flames,
[Re: Scout308]
#3051008
02/24/20 10:46 AM
02/24/20 10:46 AM
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Joined: Nov 2011
Posts: 21,946 USA
Remington270
Freak of Nature
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Freak of Nature
Joined: Nov 2011
Posts: 21,946
USA
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I would bet the death toll is at least 5x more than reported. The Chinese are downplaying it big time! Even if they're not downplaying it, several cities and airports are shut down. That has to affect the economy worldwide.
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Re: Stock market spiraling down in flames,
[Re: Scout308]
#3051010
02/24/20 10:51 AM
02/24/20 10:51 AM
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Joined: Jan 2014
Posts: 6,661 Trussville Alabama
inatree
14 point
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14 point
Joined: Jan 2014
Posts: 6,661
Trussville Alabama
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I would bet the death toll is at least 5x more than reported. The Chinese are downplaying it big time! I listened to a lady the other day who had worked in China in the medical field, she had talked to some friends still over there and she said if a person dies if they have any other illness that is what they are putting on the autopsy as cause of death. So yes they are down playing it big time!
Free men aren't equal and equal men aren't free! I choose to defend my freedom!
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Re: Stock market spiraling down in flames,
[Re: CeeHawk37]
#3051028
02/24/20 11:21 AM
02/24/20 11:21 AM
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Joined: Oct 2008
Posts: 30,910 Clanton, AL
Out back
Grumpy Old Man
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Grumpy Old Man
Joined: Oct 2008
Posts: 30,910
Clanton, AL
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Already starting to see some shortages of LED’s and other components that come from China. This virus has definitely upset the supply chain, and it likely isn’t done yet. Be a shame if it shut down Walmart. 😲
My opinions and comments are my own. They do not reflect the position or political opinions of Aldeer or any of the Aldeer administration.
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Re: Stock market spiraling down in flames,
[Re: CeeHawk37]
#3051034
02/24/20 11:31 AM
02/24/20 11:31 AM
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Joined: Nov 2015
Posts: 21,456 HSV AL
jmudler
Freak of Nature
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Freak of Nature
Joined: Nov 2015
Posts: 21,456
HSV AL
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Already starting to see some shortages of LED’s and other components that come from China. This virus has definitely upset the supply chain, and it likely isn’t done yet. Connectors, most companies have the raw pins made in china, then plated and assembled elsewhere. Next will be crystals (think RF). 16 plus week growth time, it will be nasty. Another thing to watch is Samsung and Apple, buying the cap and resistor (1/4 penny parts) market as a competitive advantage to delay their competition from releasing new product.
Isaiah 5:20 Woe to those who call evil good and good evil, who put darkness for light and light for darkness, who put bitter for sweet and sweet for bitter.
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