How much has the coronavirus cost you so far?

Discussion in 'Current Affairs' started by willrocks, Apr 1, 2020.

  1. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

    Joined:
    Jul 20, 2014
    Messages:
    5,890
    Likes Received:
    848
    Trophy Points:
    113
    Location:
    Melbourne
    Trump has always been more concerned about his wealth over what's good for Americans. Example - he wants to reopen America so all his hotels can start making money again.
     
  2. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,408
    Likes Received:
    2,703
    Trophy Points:
    113
    Location:
    Australia
  3. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

    Joined:
    Mar 16, 2019
    Messages:
    1,327
    Likes Received:
    1,009
    Trophy Points:
    113
    The second ammendment could also be at risk.
    As millions get desperate and go hungry for a few thousand dead, the riots and looting will start and the military will be released.
    There will either be a meaningful resistance or it will be crushed.

    It's probably part of this plan I'd guess. They cant get it done legally so they have no other options.
     
  4. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    8,731
    Likes Received:
    1,942
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    its the day when the USD does not buy you oil

    [​IMG]
     
  5. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    8,731
    Likes Received:
    1,942
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
  6. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

    Joined:
    Jul 1, 2009
    Messages:
    6,622
    Likes Received:
    2,420
    Trophy Points:
    113
    Location:
    Sydney
    I haven't verified the post below

    ______________________'
    Latest news
    -Virgin fires more than 3000 people including 600 PNT
    -Finnair returns 12 planes and lays off 2,400 people
    -You makes 22 planes and fires 4,100 people
    - Ryanair grounde 113 planes and gets rid of 900 PNT contractors for the moment, 450 more in the coming months
    - Norwegian completely stops its long-haul activity !!! The 787 are returned to the lessors
    - SAS deletes 14 planes and licenses 520 PNT
    >> The Scandinavian states are studying a plan to liquidate Norwegian and SAS to rebuild a new company from their ashes
    - Ethiad cancels 18 orders for A350, grounde 10 A380 and 10 Boeing 787, so far 720 redundancies
    - Emirate grounde 38 A380, cancels all orders for Boeing 777x (150 aircraft, the largest order for this type). They "invite" all employees over 56 to retire
    - Wizzair returns 32 A320s and lays off 1,200 people, including 200 PNTs, another wave plans 430 layoffs in the coming months. Remaining employees will see their wages reduced by 30%
    - IAG: abandons the takeover of Air Europa (and will pay 40 million compensation for that), they are considering the closure of Level France. Iberia: 56 ground planes, British Airways 34 ground planes. Everyone over 58 at IAG should be retired
    - Luxair reduces its fleet by 50% (and associated redundancies)
    - CSA abolishes its long-haul sector and keeps only 5 medium-haul aircraft
    - Eurowings in bankruptcy
    - Brussels Airline reduces its fleet by 50% (and associated redundancies)
    - Luftansa plans to ground 72 aircraft (in two installments)
    - Hop is studying the possibility of reducing fleet and staff by 50%
    Additional info:
    Currently 60 new aircraft stored at Airbus with no buyer in sight (order cancellations) including 18 A350s
    In September, they predict a minimum of 8,000 ground planes. With an average of 5.8 crews per plane (medium and long haul combined), that makes more than 90,000 unemployed pilots worldwide. I'll let you do the calculations for the cabin crew.
     
    Last edited: Apr 23, 2020
    Holdfast likes this.
  7. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    19,593
    Likes Received:
    2,796
    Trophy Points:
    113
    Location:
    昆士蘭
    My share portfolio is worth more now than what it was before the corona crash. I can't be alone coz I'm a share market numpty.
     
    Ivykoin, wrcmad and Silver260 like this.
  8. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    6,654
    Likes Received:
    1,972
    Trophy Points:
    113
    What sectors are you invested in?
     
  9. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    19,593
    Likes Received:
    2,796
    Trophy Points:
    113
    Location:
    昆士蘭
    Mainly materials according to my Commsec account.
     
  10. jnkmbx

    jnkmbx Well-Known Member

    Joined:
    Apr 8, 2011
    Messages:
    1,745
    Likes Received:
    63
    Trophy Points:
    48
    Location:
    Sydney, Australia
    Sounds swell. As far as shares go, I was -0.71% down at close. I was in the green a few days ago (approx 1%). Overall, all is well here :cool:
     
    mmm....shiney! likes this.
  11. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

    Joined:
    Jul 20, 2014
    Messages:
    5,890
    Likes Received:
    848
    Trophy Points:
    113
    Location:
    Melbourne
    American billionaires have gotten $280 billion richer since the start of the COVID-19 pandemic
    Their net worth is rising at a time when millions and millions of people are finding themselves out of work.


    [​IMG]

    Though the coronavirus itself may not discriminate in terms of who can be infected, the COVID-19 pandemic is far from a great equalizer. In the same month that 22 million Americans lost their jobs, the American billionaire class’s total wealth increased about 10%—or $282 billion more than it was at the beginning of March. They now have a combined net worth of $3.229 trillion.

    The initial stock market crash may have dented some net worths at first—for instance, that of Jeff Bezos, which dropped down to a mere $105 billion on March 12. But his riches have rebounded: As of April 15, his net worth has increased by $25 billion. Eric Yuan, founder and CEO of Zoom, was one of the few to see an increase in net worth even as the markets crashed, and he’s now up $2.58 billion.

    https://www.fastcompany.com/9049434...cher-since-the-start-of-the-covid-19-pandemic


    .
     
    willrocks likes this.
  12. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    19,593
    Likes Received:
    2,796
    Trophy Points:
    113
    Location:
    昆士蘭
    ^ who would’ve thought that Amazon and Zoom would benefit from people being forced to stay at home?

    :rolleyes:
     
    jnkmbx likes this.
  13. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

    Joined:
    Mar 16, 2019
    Messages:
    1,327
    Likes Received:
    1,009
    Trophy Points:
    113
    The corporate socialist government that runs them did.
    Easiest way to destroy the middle class while they sit at home and eat oreos like good servants.
     
  14. jnkmbx

    jnkmbx Well-Known Member

    Joined:
    Apr 8, 2011
    Messages:
    1,745
    Likes Received:
    63
    Trophy Points:
    48
    Location:
    Sydney, Australia
    oziwassabi and mmm....shiney! like this.
  15. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    4,037
    Likes Received:
    1,250
    Trophy Points:
    113
    Location:
    Australia
    mmm....shiney! likes this.
  16. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    6,654
    Likes Received:
    1,972
    Trophy Points:
    113
    Two of the airlines I booked (10) tickets with, promised me, in writing, a full cash refund within 20 working days. This was for tickets THEY cancelled.

    It's now been more than 20 working days.

    Both airlines contacted me last week and offered airline vouchers instead of a cash refund. It was less of an offer and more of "this is your only option". The vouchers would expire in 24 months, and are non-transferable. Not only aren't airlines flying, I also have no plans to fly within 24 months.

    The credit card company said the government has tied their hands for any airline refunds. They also said the insurance that would normally cover this will not because "pandemic". The amount will stay on my CC bill.

    Luckily the CC I used for booking is with a bank where I do not have any other accounts or funds. I'm tempted to send the CC company a notice and demand to remove it from my bill, and refuse to make further payments.
     
    mmm....shiney! likes this.
  17. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    4,037
    Likes Received:
    1,250
    Trophy Points:
    113
    Location:
    Australia
    Unfortunately be prepared for a collection agency to come knocking.
     
  18. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    6,654
    Likes Received:
    1,972
    Trophy Points:
    113
    Good luck without a court order.
     
  19. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    2,187
    Likes Received:
    1,239
    Trophy Points:
    113
    Location:
    Singapore
    If there's credit score in your location, then it will be risky not to pay or even delay a payment.
     
  20. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    4,037
    Likes Received:
    1,250
    Trophy Points:
    113
    Location:
    Australia
    Sure, but that can lead to a bad credit rating on the various systems. Good luck getting another credit card.
    https://www.finder.com.au/equifax-score
     

Share This Page