CoronaBro Meltdown/SARS-Covid-19 Spitballing Thread

[MakeItRain]

I am disappointing in most of your attitudes, you finally got the boomer remover you wanted and now you are trying to shut it down.

Boomer remover is also hilarious to me, every time

[MakeItRain]

I think travel bans are effective because they keep people off of planes. Domestic flights should also be cancelled.

Nah, if the government forces the shut down, the bailout will be that much bigger. I'm good with people just not taking flights.

[steve dave]

I am disappointing in most of your attitudes, you finally got the boomer remover you wanted and now you are trying to shut it down.

Boomer remover is also hilarious to me, every time

Yes, it is very good


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[mocat]

I am disappointing in most of your attitudes, you finally got the boomer remover you wanted and now you are trying to shut it down.

Boomer remover is also hilarious to me, every time

yaesh

[Dugout DickStone]

I am disappointing in most of your attitudes, you finally got the boomer remover you wanted and now you are trying to shut it down.

Boomer remover is also hilarious to me, every time

Yes, it is very good


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yeah, wish I could patent

[mocat]

peggy po: not racist!

[michigancat]

I think travel bans are effective because they keep people off of planes. Domestic flights should also be cancelled.

Nah, if the government forces the shut down, the bailout will be that much bigger. I'm good with people just not taking flights.

the airline bailouts make me wonder if airlines should be nationalized. I haven't thought like a ton about the implications obviously, but if they are truly essential (which they obviously are), how critical is the profit motive to airline affordability and success?

we might need a thread for corona economic changes

[steve dave]

Yes, one thing we can all say for sure is Nationalized airlines are good for the consumer


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[mocat]

for the post corona economics master thread: i would like to have a peggy po/nancy neg discussion on state governments in general.

it could be called STATES! what are they good for? (irl) or something like that

[Spracne]

Airlines are basically already semi-public utilities that routinely operate in the zone of insolvency because they're too important to fail.

[Spracne]

Also, highly regulated in exchange for government protection.

[catastrophe]

I am disappointing in most of your attitudes, you finally got the boomer remover you wanted and now you are trying to shut it down.

Boomer remover is also hilarious to me, every time

Yes, it is very good


Sent from my iPhone using Tapatalk

I just heard this one from my boss. I laughed.

[michigancat]

for the post corona economics master thread: i would like to have a peggy po/nancy neg discussion on state governments in general.

it could be called STATES! what are they good for? (irl) or something like that

a good argument is for local responses to quarantines and stuff. but they should probably have different regions.

[Rage Against the McKee]

for the post corona economics master thread: i would like to have a peggy po/nancy neg discussion on state governments in general.

it could be called STATES! what are they good for? (irl) or something like that

States! How far have you went before getting a new one?

[sys]

Airlines are basically already semi-public utilities that routinely operate in the zone of insolvency because they're too important to fail.

yeah, airlines basically have never consistently made money.


pretty sure all (almost all?) nationalized airlines still operate as for profit enterprises, so i doubt if it would make a ton of difference.

[michigancat]

Airlines are basically already semi-public utilities that routinely operate in the zone of insolvency because they're too important to fail.

Also, highly regulated in exchange for government protection.

yep. but it's interesting that they can still fail quite often. weird deal, maybe it's a perfect balance. (although the 737 max deal certainly raises questions about whether or not there's a perfect balance)

[michigancat]

Airlines are basically already semi-public utilities that routinely operate in the zone of insolvency because they're too important to fail.

yeah, airlines basically have never consistently made money.


pretty sure all (almost all?) nationalized airlines still operate as for profit enterprises, so i doubt if it would make a ton of difference.

I know all the US airlines complain about the Middle Eastern Airlines not having to worry about profit because the government subsidizes them.

[steve dave]

lmao at when AAs CEO said like 3 years ago that they’ll never lose money again


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[Phil Titola]

We have for profit hospitals and prisons (both are making this problem worse).  Airlines aren't getting nationalized.

[Spracne]

Airlines are basically already semi-public utilities that routinely operate in the zone of insolvency because they're too important to fail.

Also, highly regulated in exchange for government protection.

yep. but it's interesting that they can still fail quite often. weird deal, maybe it's a perfect balance. (although the 737 max deal certainly raises questions about whether or not there's a perfect balance)

Because they aren't concerned with maintaining a sufficient capital cushion. They're free to spend all their revenue on virtually whatever they want, including stock buybacks (NOT THAT THERE'S ANYTHING WRONG WITH THAT). Then, they voluntarily (or involuntarily) declare bankruptcy and shaft their creditors, knowing they'll be permitted to operate during bankruptcy (because important) and reemerge with fewer liabilities.

[mocat]

for the post corona economics master thread: i would like to have a peggy po/nancy neg discussion on state governments in general.

it could be called STATES! what are they good for? (irl) or something like that

States! How far have you went before getting a new one?

dammit 

[sys]

you can't shaft creditors before shafting owners.

[Spracne]

you can't shaft creditors before shafting owners.

In the short-term, that's true.

[sys]

it's a pet peeve of mine when people talk about bailouts.

[sys]

https://twitter.com/PhilArballo2020/status/1240393580683726848