Agree with Bayrunner, sick of this political shit. Vote how you want to vote, this site is about maritime issues. I don’t give a flying fart who your favorite candidate is, and won’t change my mind with all this barking. I will have 1 vote and as I said before, will use it selfishly for the guy or gal that benefits me the most
You realize those are all based on the same polls that said trump had like 10% of a chance to win in 2016? Far too many people just see what they want to see these days, so I wouldn’t trust the polls. Case in point, there are also several polls saying he’s several points above 50% right now.
I thought about making this claim to the moderators (KC) but this topic (and many others) are in the ‘scuttlebutt’ category. As KC said before, this forum is moderated not censored.
Honestly yes. I don’t care what people’s political persuasion is on here, I’m just interested in talking shop about the industry. Go talk on reddit or twitter if you want to complain about politics.
Thank you sir.
If you don’t like the topic or the discussion, then simply don’t read and comment on it.
Problem solved …
Yep, you solved it. Perhaps Trump can use you on the next broadcast.
I wouldn’t pee on Cheeto even if he enjoyed it.
Now that is funny. Who is gonna buy the first beer?
I made this topic, you and the other guys talking politics are the ones taking it off base. If you want to talk politics, make a politics topic.
But, you’re also talking politics on your self-proclaimed thread about the COVfefe virus.
Can we all agree the virus sucks?
Yes
Also, I made one post pointing out the polls are unreliable before I asked if we can just talk industry and not politics. If you guys want to talk politics fine, but could you at least do it on a dedicated politics thread?
12 posts were merged into an existing topic: American politics
Back to the original post. I personally think things will get much worse from a financial perspective for quite some time. We are at the beginning. CEOs of major corporations are cutting back because they are losing money now and cannot plan for the future. Small businesses which employ about 45% of the people will for the most part not survive. Governments are throwing money at this, some better directed than others. The suspension of the “pass thru” limitation that benefits mostly those with incomes over one million dollars is an example of one misallocation and I am sure there will be billions of dollars wasted to follow as at present there is precious little real oversight.
All businesses are now interdependent worldwide and all businesses depend on 1. Average people having money to spend. 2. These same people have enough confidence in the future to spend the money. [Rich people do not an economy make.]
So this is going to be a long hard slog how long largely depends on the actions of governments financially in supporting the citizens, small businesses and the healthcare system. As things begin to get better it would be an ideal time for a country to build a better resilience thru increased research and development at home, improving infrastructure and the like. Personally I did not believe this corona thing would be this bad at first but got cautious relatively early and converted quite a bit of equity to cash. The equity remaining looks like it’s drunk and on the edge of a cliff. I don’t look to invest any of that cash for some time to come. Things may look bad now but they’ll look worse by July. Of course, those in the transportation industry won’t start seeing any light until the world starts to recover. Oil companies and especially those that contract with them are screwed, a lot will simply disappear.That is my best educated WAG.
Honestly as long as things can open back up in 30-45 days I dont think it’s going to be as bad as expected, at least from what I see. I was filling in for a small company when wood prices where down and got cut over the slowdown but oh well right now believe it or not the orders for wood on a global level are coming back, 2wks ago I wouldn’t have believed it, I’m back filling containers again with ash / oak. The price of pulpwood is up there, 1k bucks a load I will do that every day. Oil prices are what they are, as a small business owner I’ve NEVER made the margin on gas / diesel like I have, again less people we have to lay off. Just looking at the big picture. If someone told me 6 months ago i would be selling N95 masks i would have shaken my head… fuck it.
Like him or not he is our president, alot of us had to deal with the last idiot for 8yrs, stand by for 4 more yrs…
Good thing you’re not under the scope of the Monday morning quarterbacks… Otherwise you’d be getting killed for your lack of crystal ball perfection.
Kudos to you for admitting your miscalculations of the severity of this crisis. You are not the only one. I noticed that many people quickly forget what they thought in the past & only think in the present. It’s very hard to speculate about the future if you can only remember the present IMO.
I guess we are opposite of each other on predicting the future. On Feb 24 on the “Coronavirus at Sea” thread you told me you thought this was only a hiccup while I was double lining my tin foil hat & stocking up on ninja swords & beef jerky. Now I think things are going to get better really fast while you think we are in it for the long haul. It’s a crazy world. One thing that I always monitor is the world PMI index which is the projection of purchasing managers throughout the world. Historically it has been a reliable resource for guessing the future. But it matched your incorrect projection back in February & matches your current gloomy projection being well below 50. Only time will tell. But I think people are going to want to spend money & live life to the fullest once they see the light at the end of the tunnel. The black plague gave us the Renaissance & the Spanish Flu gave us the Roaring 20’s. I expect history to repeat itself with this global shut down. I think it’s going to be a hell of a ride. People will be braver once this is over IMO.
Comments 43, 45 & 48.
Daaaaaammnnnnn…a pick 6 for a Monday morning quarterback… But in fairness, at least he was willing to make a call. Most of the haters don’t say shit… Don’t have shit to say about what SHOULD be done… Only wait to see what happens so they can complain afterwards… But don’t go speaking the truth, it might be triggering to the echo chamber crowd… Standing by for the reply-ly-lyl-y