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https://www.cnbc.com/2020/06/19/apple-will-close-some-stores-again-as-covid-19-cases-reappear.html

• Apple stock dropped on Friday after the company said planned to close some U.S. stores due to rising levels of Covid-19.
• A total of 11 Apple stores will close in Florida, North Carolina, South Carolina, and Arizona.
• Customers who have products in these stores for repair will have the weekend to get their devices back.

oh the carnage

I still think two weeks after the protesting stops these figures will start declining

and before you jump all over me about this you better hope Im right

Imagine packing in tens of thousands of fans into a stadium.  A single football weekend could cause a spike similar to the protests.

Maybe they play with no fans.  I dunno.

Meanwhile, numbers continue to decline in the NE.  Maybe it is because we lived it firsthand and we saw how bad it can be.  I am not a religious man, but pray it does not hit anywhere else like it hit up here.

3,300 new cases in Florida yesterday - an all-time high.

6 deaths, continuing the downward trend on that metric.

Keep in mind that Deaths typically lag infections by about 30-45 days.

oh the carnage

That’s real carnage. Apple Stores employ about 116 people on average per store. Times that by 11. That’s almost 1,300 people out of a decent paying job with a great company to work for. All of this has a chain reaction. Those 1,300 people are going to struggle to be able to pay their rent, bills, credit cards, car payments- have less disposable income to spend at other businesses. It’s a vicious cycle. 

And those unemployment checks aren’t as easy to collect as some would make you think- especially if you live in a state like Florida. I know more than a few people who’ve had problem collecting those checks during this whole crisis. 

I had Starbucks looking at doing a deal on a property and that’s DOA because of this stupid pandemic. They were seriously interested and we were in discussions and I was getting site plans and sketches done on their request. Could’ve done a deal with them and sold it for a couple million- now it’s DEAD. Zero shot. Starbucks just closed 400 stores in North America because of this dumb shit and that’s anywhere from 7,000 to 10,000 jobs GONE. Landowners with a great tenant gone. Starbucks is pulling back on expansion at the moment and only looking to open new “pick-up” stores in the big urban markets. 

The economic fall out has yet to even begun. There’s an eviction/foreclosure crisis looming that has yet to hit. 

All thanks to a political class that decided to do next to nothing for the regular people. They let the fed juice up the stock market and buy up all kinds of junk bonds and crap to keep the richest 1% intact though. Gotta love the politicians in this country. 

Really? I find that hard to believe.

Yes, it hit nursing homes and the most vulnerable very hard. But I think there's a LOT more vulnerable folks out there who have been spared exposure to it.

If you look at the list of comorbidities, and you look at the death total of 120K to date, I think it's just patently obvious that there's a HUGE population still out there that have significant vulnerability and that have NOT been infected.

I do think we need to open up--SMARTLY. Masks, distancing, people who can WFH should still do so, people who don't need to go out shouldn't be going out for unnecessary things, people should avoid large gatherings, etc.

This thing isn't over by any stretch.

No more lockdowns.

It’s not over but the lockdowns and forced closure of businesses have to be, otherwise an entire generation of young people will live through an economic depression that rivals the Great Depression- all at the expense to “save” the old.  

I’m not willing to let that happen because Grammy and gramps might get sick and die on the off chance they come into contact with a mild disease that is maybe 4x more deadly than the common flu.

Politicians have shown they aren’t going to do jackshit to help regular people and prevent an economic collapse in the face of forced shutdowns. So until they do, they can suck a fat one. I ain’t shutting shit down and I ain’t stopping with moving on with life as usual.

https://www.cnbc.com/2020/06/19/apple-will-close-some-stores-again-as-covid-19-cases-reappear.html

• Apple stock dropped on Friday after the company said planned to close some U.S. stores due to rising levels of Covid-19.
• A total of 11 Apple stores will close in Florida, North Carolina, South Carolina, and Arizona.
• Customers who have products in these stores for repair will have the weekend to get their devices back.

Seriously?  I was planning on getting a new phone today, lol.  

I don't think the people in the states that have significantly reopened, will tolerate another lockdown.  That's precisely why they were the early ones to open, in the first place. 

Wear a mask.  Keep distance from other people.  Don't initiate contact with the elderly and infirm.  That's going to have to be our direction at this point.

So the foolish states are likely to be foolish again?  Great.