So it has begun.

[Wellstone ruled]

Dock workers and Container Haulers are being laid off or sent home because Container Ships from China are not Berthing in LA and Long Beach. Guy's this is going to get ugly damn fast.

The two major Railroads that haul these Containers will be Annulling or out right canceling Trains shortly.

And the Layoffs will spread accordingly.

[BigmanPigman]

1. A DUer was already laid off.

I was laid off (and a coworker) the day after the 1987 stock market crash and hours cut drastically during the Bush "1" term. This is going to be a lot worse!!!

[uponit7771]

2. K&R, 10% of the human race is under quarantine of some type which stops money from moving ...

so like in 2007 - 08 is structural and not a blip.

Also a lot of US shale companies were financed with junk bond money.

Watch the LIBOR

[Bernardo de La Paz]

11. In a few weeks even Donnie will recognize that you can't bully-tweet your way out of pandemics. nt

[Totally Tunsie]

3. Bend over, grab your ankles, and kiss your azzzzz goodbye.

We're all going to suffer bigly from the coming recession.

[CaptYossarian]

15. It's not just THE recession--it's Trump's recession.

His stupidity and collection of personality disorders have allowed this to grow exponentially.

It's his and his alone. I don't care where it started. He slashed the pandemic team and severely cut CDC funding.

[Totally Tunsie]

16. Yup. Trump Slump.

Hope it works its magic in November!

[rockfordfile]

4. Cut back on buying crap from China

[lame54]

6. Easier said than done...

We did that for 2 years
Left most stores empty handed

[iluvtennis]

19. Yep, China is the major cog in the supply chain for so many businesses across the world

It would take long time to get manufacturing setup here to fill the gap.

[trof]

5. Port of Mobile Alabama too.

[Wellstone ruled]

9. Oh my,that is heavy with

JIT Auto parts.

[Wellstone ruled]

7. Usually check Railroad live streams from time to time.

Last Night about 8 MT,noticed BNSF East Bound Container Trains out of Long Beach,and LA were running darn light. Shorter Trains with less double stacks. West bound were mostly empty Containers to be shipped back to China or Eourpe.

[MFGsunny]

8. Very interesting bits of info. Thanks. n/t

[MoonlitKnight]

10. I'm being laid off Friday

Business slowdown.

[Wellstone ruled]

12. Sorry to here.

Been down that friggin road a few times . Always had the local Unemployment Office Addy and Phone numbers handy just in case as well as a 20 papercliped to the Post it note,just in case. Gas money or Bus fare.

[yaesu]

13. and Tom Hanks & his wife has got it, good thing they were in Australia or they probably

wouldn't have been tested. They felt sickly & got tested. Hanks has diabetes so he may have problems. Movie production for his new film will be shut down which raises another industry concern. This shit is crazy.

[Wellstone ruled]

14. Read that,

the Aussie's are ahead of the curve.

[Efilroft Sul]

17. Part of my business is promoting an energy company's participation in industry trade shows.

I lost eight jobs today because my client smartly canceled its attendance at shows scheduled for April and May or the shows' organizers postponed the events.

The loss of income will hurt, but I'm glad I work with level-headed people.

[Wellstone ruled]

18. Noticed there are Shows Canceled here in

Vegas. Industry shows are the gravy for Vegas. Billions in Revenue.

[Efilroft Sul]

20. Yep. Oddly enough, none of my shows were in Vegas. They were all across the country.

Hoping that my client's keynote sales pitches can be made into webinars that I can promote for them.

If coronavirus hits us hard, springtime in America is going to look like the fifth anniversary of the Thanos snap.