The real fun will begin in July and August
rickdugan
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- Stimulus checks and enhanced unemployment payments;
- Holds on evictions and repossessions;
- Payment deferments on consumer debt (including credit cards);
- Utility companies opting not to shut utilities off for non-payment;
- Expansions of SNAP benefits;
- Widespread access to food banks; and
- I'm sure other things I'n not thinking about at the moment.
When things are going to get interesting, however, is when all of this assistance comes to an end. Eventually the money tree is going to be picked. Eventually landlords and auto loan holders are going to require payments. Eventually utilities are going to re-initiate shut offs.
Now maybe some of this gets extended further, perhaps with another round of stimulus and maybe some executive orders requiring workouts for balances in arrears. But I don't see the never-ending stream of cash and forced deferrals lasting too much longer.
Once all of this shakes out and we have to start dealing with the economic fallout, I think that strip clubs are going to become an interesting place. I am using July and August as placeholders, but we'll see how that ultimately plays out. I am eager to see a replay of 2009, when OTC options expanded dramatically with some truly top notch talent.
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@Long: The fun is already happening, but the shutdowns put me out of touch with a number of promising targets. I'm looking forward to further upgrading my OTC action once the clubs re-open.
And those economic realities don't even factor in the fear that retirees and other older customers may experience at the thought of returning to clubs. We've seen plenty of that on this very board.
So while there may be a novelty bump the first few days that the clubs are open, I expect gravity to quickly exert its normal influence, as it did in 2009.
I do think food bank support will continue through 2020. The food bank in general is pretty good at getting donations when they put out a call.
Fuck having gold, silver or ammo. The best commodity to have during hard times is pussy.
In the coming dystopian nightmare, the currency will be food, booze, ammo and pussy.
https://www.google.com/amp/s/mobile.reut…
Obviously the prices in any specific sector (e.g. mongering) can buck the broader trend. Also it’ll be interesting to see how things play out as the economy gradually reopens.
Prices are usually area specific but those prices might apply to Vegas and other high rent tourist traps and possibly be fitting if there were strip clubs on Rodeo Dr in Beverly Hills but I don't see anything like that happening in the majority of the country.
For every Vegas there's an Akron to counter it.
What will really be interesting to observe are the clubs themselves.
https://www.theatlantic.com/ideas/archiv…
It seems working from home is well underway. I wonder what will happen with the future of business travel? In the short term, it seems like a huge liability and I wouldn’t be surprised if it didn’t start really get going again until one or two years from now? On the other hand, maybe the isolation will have employees want to start taking more opportunities to do conferences, training seminars, or networking opportunities?
In light of all that, I wonder what the future will be like with the upscale high customer turnover clubs. Whether they will claim more customer dollars than ever or fall relative to the “locals clubs” It will be an interesting next few years.
https://www.msn.com/en-us/news/politics/…