My business is definitely suffering from this. Events have been cancelled and even the British Embassy pub is shut down for the time being, so you know it's serious (luckily I have a decent supply of whiskey at home, which may be the best thing to take on this microscopic critter). That said, here in Seoul the numbers are still not too bad. Night life has decreased, but the restaurants downtown are still full at lunch and I doubt Starbux has suffered much (there are more Starbucks here than any other city on the planet). Some large companies are having people work from home, but small ones like mine are plugging along. Another factor is schools are shut down for the time being. At some point, life will have to go on.
Due to a super spreader mixing it closely with other congregants at a holy roller cult church in Daegu and at a funeral nearby, about 80% of the country's cases are in the Daegu (fourth-largest city) and surrounding province area. The missus, who is a nurse practitioner, said they are asking for medical volunteers to go to that area to help. She said she would if she were still single and didn't have a kid (she's done missionary work in the past). At hospitals like hers they are screening people at the door: they'll ask about your symptoms and recent history and if you are suspect, you'll get a free test.
There are reports of restaurants denying foreigners like myself (which would be funny since I haven't been out of this country since last summer), but I have yet to see it. A lot of people wear masks, although I haven't succumbed to that. If I get any kind of symptoms, I'll put one on. At the men's room in my office building, which is shared with other companies, I see about 90% of the users wash their hands, up from about 25% pre-virus. My guess is the number of cold and normal flu cases has dropped in the country what with everyone so hygiene conscious all of a sudden.
Another upside is the air quality is better. We've had some very lousy air pollution in the last 10 years or so, and depending on who you believe, about 20-40% of that comes from China. Supposedly they are spewing a lot less filth across the Yellow Sea due to factory shutdowns.
Anyway, life goes on, although I'll definitely be taking an earnings hit this year. I don't think anyone I know will be picking up coronavirus, but you never know. Being smart, like not touching your face without having just washed your hands (something I've been doing for years), will go a long way.
Good luck to y'all.
Interesting man - you know, I have been paying attention more who washes hands and who doesn't. I've always washed my hands after using the bathroom in any method...I would say 3 out of 4 don't... its disgusting. 3 out of my 3 kids don't.. but still.
All joking aside - for the smarter ones here on the forum, we preach to our kids about taking care of your body, cleanliness, and just overall good hygiene - if you do anything at all, is washing hands the biggest preventer of ALOT of crap in this world? I also think that completely going overboard (cleaning everything, not letting your kids get sick, get into ****.. etc.. is actually counter productive.. oh, your kids have chickenpox? I'll send mine right over... I want my kids to have an immune system and be exposed to things.
Dan - you originally asked about how business if being affected - markets are getting hammered, but that just means there are huge opportunities to make $ as a result - at least commodity trading wise (what I do for a living)
< Message edited by jeffk3510 -- 2/27/2020 2:37:53 PM >
Life is tough. The sooner you realize that, the easier it will be.
Currently chasing three kids around the Midwest.