Beating COVID-19: Tips for Your Insurance, Finances, and Business - April 26, 2020

April 26, 2020
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News. Insights. Analysis. Inspiration.


"Goldman says downturn will be 4 times worse than housing crisis, then an ‘unprecedented’ recovery"

From CNBC:

* As industries are gradually brought back online, that should produce an improvement in economic growth that Hatzius said would be “unprecedented” for the U.S.



"Cruise Lines Cancel Voyages Through June"

From Travel Agent Central:

* Several cruise lines have again extended their voluntary pause of operations or cancelled additional sailings as a result of the ongoing coronavirus (COVID-19) pandemic. Here’s what you need to know.



"A Way Forward for Small Businesses"

From Harvard Business Review:

* Drawing onour own research, our interactions with businesses (both small and large), and the broader academic literature, we propose five steps to help small businesses navigate the current landscape.



"If Half the Country's Deaths Were in Montana, Would New York Shut Down?'

From TownHall (Dennis Prager):

* Now let us imagine that the reverse were true. Imagine that Georgia and North Carolina -- two contiguous states that, like the New York metro area, have a combined total of 21 million people -- had 18,690 COVID-19 deaths, while metro New York had 858 deaths (the number of deaths in North Carolina and Georgia combined).


* Do you think the New York metro area would close its schools, stores, restaurants and small businesses? Would every citizen of the New York area, with the few exceptions of those engaged in absolutely necessary work, be locked in their homes for months? Would New Yorkers accept the decimation of their economic and social lives because North Carolina and Georgia (or, even more absurdly, Colorado, Montana or the rest of what most New Yorkers regard as "flyover" country) had 18,960 deaths, while they had a mere 858?


* Even more telling, the media, which controls American public opinion more than any other institution, including the presidency and Congress -- but not churches and synagogues, which is why they loathe evangelicals, traditional Catholics, faithful Mormons and Orthodox Jews -- would not be as fixated on closing down the country if it were killing far more people in some Southern, Midwestern, Mountain or Western states than in New York City.


SK comment:

Make sense to me.

Why should areas of the country that are minimally affected by the virus (ie 47 states,)  shut down?

Same logic applies to quarantine: why should segments of the population that are minimally affected (ie youth and healthy older adults,) be quarantined? 



Here's a short video from Steve on how you can purchase insurance in these changing times....Watch Here