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Coronavirus Escape Plan
Posted: Thu Mar 19, 2020 2:35 pm
by ChrisoftheNorth
max225 wrote: ↑Thu Mar 19, 2020 2:29 pm
Detroit wrote: ↑Thu Mar 19, 2020 2:25 pm
The company has been in bankruptcy since November...I don't know why they don't just close the doors now.
They will soon enough, once enough people are able to crawl back in.
This is how it happens.
Virus hits.... Everything ok ish...
Next step...
Customers start shutting down... refusing to ask for orders... first wave of people quitting usually top performers than can get better jobs
Next step...
Liquidity issue due to lack of cash coming in...
Next step...
Beg bank for increased credit line... who refuses because they are cash strapped also...
Next step...
Lack of cash/can't pay employees... furlough ... not sure if we can pay people.... and the people left are some of worst employees who can't get a job elsewhere
Next step...
Second wave of people quitting, looking for jobs, everyone unmotivated to work etc, productivity record lows...
Next step...
No one working for free, company reputation destroyed, everyone blames "GOLDEN PARACHUTES" "WHAT ABOUT MY MORTGAGE AND MY SPAWN"
Next step...
Doors close
100% accurate.
They're on the 3rd to last step from the end.
Coronavirus Escape Plan
Posted: Thu Mar 19, 2020 4:32 pm
by D Griff
Desertbreh wrote: ↑Thu Mar 19, 2020 2:20 pm
CaleDeRoo wrote: ↑Thu Mar 19, 2020 2:13 pm
I said it before but the used rv, boat,
golf cart market are about to be flooded. #boomerremover
A litte OT but can ANYONE explain why a new Golf Cart costs $15,000 when I can get a used car that goes 160 mph for the same $$$. I mean, doesn't the profit margin on those things have to be like off the charts?
I don't get it.
Dang, $15K?? Nuts.
Two :poorvettes: can be had for that. That is 700 HP and 350 MPH.
Coronavirus Escape Plan
Posted: Thu Mar 19, 2020 4:34 pm
by Desertbreh
D Griff wrote: ↑Thu Mar 19, 2020 4:32 pm
Desertbreh wrote: ↑Thu Mar 19, 2020 2:20 pm
A litte OT but can ANYONE explain why a new Golf Cart costs $15,000 when I can get a used car that goes 160 mph for the same $$$. I mean, doesn't the profit margin on those things have to be like off the charts?
I don't get it.
Dang, $15K?? Nuts.
Two :poorvettes: can be had for that. That is 700 HP and 350 MPH.
I don't get it.
Coronavirus Escape Plan
Posted: Thu Mar 19, 2020 4:35 pm
by ChrisoftheNorth
TIL Golf carts are WAY overpriced. I had no idea what they cost previously.
Coronavirus Escape Plan
Posted: Thu Mar 19, 2020 4:39 pm
by max225
D Griff wrote: ↑Thu Mar 19, 2020 4:32 pm
Desertbreh wrote: ↑Thu Mar 19, 2020 2:20 pm
A litte OT but can ANYONE explain why a new Golf Cart costs $15,000 when I can get a used car that goes 160 mph for the same $$$. I mean, doesn't the profit margin on those things have to be like off the charts?
I don't get it.
Dang, $15K?? Nuts.
Two :poorvettes: can be had for that. That is 700 HP and 350 MPH.
Poorvette costs 60k to start.
Here is a low mileage golf cart for $2500
https://sfbay.craigslist.org/nby/spo/d/ ... 54262.html
Coronavirus Escape Plan
Posted: Thu Mar 19, 2020 4:39 pm
by ChrisoftheNorth
A $1,200 C4 is still faster.
Coronavirus Escape Plan
Posted: Thu Mar 19, 2020 4:39 pm
by Desertbreh
Detroit wrote: ↑Thu Mar 19, 2020 4:35 pm
TIL Golf carts are WAY overpriced. I had no idea what they cost previously.
They are frequently featured on the way out the door here at the Geezer Costco.
Coronavirus Escape Plan
Posted: Thu Mar 19, 2020 4:41 pm
by ChrisoftheNorth
Desertbreh wrote: ↑Thu Mar 19, 2020 4:39 pm
Detroit wrote: ↑Thu Mar 19, 2020 4:35 pm
TIL Golf carts are WAY overpriced. I had no idea what they cost previously.
They are frequently featured on the way out the door here at the Geezer Costco.
Coronavirus Escape Plan
Posted: Thu Mar 19, 2020 4:41 pm
by Desertbreh
Come on bro. I'm talking about Faux Escalade Golf Carts, not Airboat Models.
Coronavirus Escape Plan
Posted: Thu Mar 19, 2020 5:11 pm
by max225
Desertbreh wrote: ↑Thu Mar 19, 2020 4:41 pm
Come on bro. I'm talking about Faux Escalade Golf Carts, not Airboat Models.
Same goes for the corvette ? We're not talking GT3-RS's here.
Coronavirus Escape Plan
Posted: Fri Mar 20, 2020 10:22 pm
by Tar
Desertbreh wrote: ↑Thu Mar 19, 2020 2:21 pm
Detroit wrote: ↑Thu Mar 19, 2020 2:07 pm
What was crazy was how many boomers were on our flight to Detroit from Vegas. Easily 90% of the passengers. None taking it at all seriously. Coughing away and just being general morans like boomers do.
Our guess is they were snowbirds heading back to MI like normal assuming nothing will happen to them.
All the Canadians who winter down here are being compelled to pack their shit up and head back to Calgary/other frozen tundra.
Told to, Wednesday of this week was their last chance to catch a flight. Borders are shut down now.