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Originally Posted by strat61caster
You live a very privileged life if you think that the people who are most vulnerable are happy that their deferred rent doesn't have interest associated. They're not bringing in any income for the foreseeable future, if they're lucky unemployment fully covers them, but in many places it won't, take California for example, maximum benefit is $450 a week, imagine you're bad with money and you don't have savings and you can't get a job for 4 months (it took me 6 months last year), can you make rent and put food on your table if all of your deferred payments are due in July on $450 a week? I know I couldn't and I had a below market place shared with 3 other people, thankfully ample savings, living below my means, and a generous severance package meant that 6 months of unemployment was a minor hiccup in my life.
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Stimulus phase 2 added $600/week to unemployment, so it’s now $1,050/week in California.
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Originally Posted by soundman98
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Originally Posted by Lantanafrs2
I'll bet anyone that the Tesla comes out of this faster than the big 3. More flexible infrastructure and greater ability to adapt.
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start looking up who supplies them. i think you'll quickly find that they get many parts from many of the same places... |
Actually, Tesla has a very limited list of suppliers. They design and build most of their parts in-house, up to and including the seats. This allows them to consolidate and dramatically reduce part counts, with things like their superbottle consolidating all the cooling systems into one, and their development work on a unified wiring harness to reduce the total length of wires required from over a mile to just a few hundred feet.
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Originally Posted by Tcoat
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Originally Posted by humfrz
Well, I think the world will survive this virus.
When I was a young boy my mother would show me pictures of what some of the world looked like - London, Berlin, Tokyo and Hiroshima for examples. Yes, only my mother showed me because my father was over there somewhere in the middle of it.
The worlds infrastructure hasn't been destroyed this time so, if we pulled through that, I reckon we will pull through this.
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The worlds infrastructure wasn't destroyed then either. Those events turned the USA from a backwards (compared to Europe at the time), isolationist, impoverished nation to what it is today. Industry made a killing from your examples. |
Sigh… The US has been the world’s largest economy since 1871 – it’s not an outgrowth of WWII. There’s a reason why our infantry divisions in that war were all mechanized while most of Germany’s marched on foot and relied on horse-drawn carts for transport.
Not to say the coming months (and possibly years) won’t be bad, or that your observations of the automotive industry in particular are incorrect, but people do need to have some perspective… and stop voting for the anti-science, anti-government, anti-environment, anti-healthcare, anti-immigrant, anti-competence party – unless their intent is to flush this country down the toilet altogether.