Household Community Quarantine Passes

Right, to decrease the overwhelming of the hospitals and their supplies.

 

Mntnwolf, are you here or in Korea?

 

Spot on - I never had any intentions of going 'back to normal' as soon as the all-clear is sounded. I will continue to wear a face mask and eye protection, social distance and wash hands for many weeks after.

If the vulnerable just say 'Great, let's all get out and have a ball' then many may become customers at funeral homes. "Softly, softly, catchee monkey".

 

Locking down the island is different from the color coding quarantine madness starting tomorrow and may well last a bit longer.

But at some point, pressure will be big enough so they open the borders again. You cannot forever lock down all the islands. If you want cebu Pacific etc to still exist as a company in a year, this better don't last too long.

 

True, and it is not you who needs to go back to work. This virus targets old men. They should stay at home while the young people go back to work to save the economy.

Young people will have to work very hard to pay back the bailout money required because the older generation failed to prepare for this contagion. (Not including you MonkeyMan)

 

Just because I told you my real name you have no right to put that out in the public domain (remember there are Data laws)!!!

 

Why worry about Cebu Pacific? They are nothing compared to the BPO industry. There will not be any foreign tourists to fly around anyway.

Think about it. The US and European leadership is starting to rely on the Asian schedule by saying that the virus will run its' course by June or July. The problem is that the US and Europe are not implementing the strict social distancing behaviors like the Asian countries. No masks for everyone, still flying domestic airlines, no contact tracing and no authority supervision of quarantine. What is the US and Europe doing that will end this in a year?

Actually it is OK. Cebu Pacific does not fly to the US or Europe. They do fly to China which has contained the virus. Cebu Pacific will be back in business. The US economy is toast.

 

I fly ceb quite often, and never had a flight where the majority of passengers would have been foreigners. Most are Filipino, by far.

US and Europe may be hit hard currently, but that only means that more people are immune or dead earlier. So they may well be back in business in few months, decimated, but back. While we're still isolated for fear of rising case numbers. Actually that's the way its going to be - the pace here can't be as quick as in other countries as capacities for treating the sick are much smaller here.

 

Spot on again - the worry is that if you don't isolate a population you get the deaths of many elderly, ill and other vulnerables but if you do isolate then you stop herd immunity developing and have to wait for an effective 'treatment' (vaccine or chemical).

Caught between a rock and a hard place.

 

It was about a month ago +/- just before the PI started quarantining anyone, they closed the Philippine Stock Exchange. A friend of mine who is moderately knowledgeable about stocks and economic had an interesting and probably good theory.
If the market remained open the stocks would hit rock bottom and the Chinese would swoop in (picture a vulture) an buy up a lot of stock. Sounds possible to me.
Not sure what the bankruptcy laws are here. If they are like any other court proceeding here it would take years to get sorted out and te companies might have time to recover.