and the layoffs will just get worse...If DLP closes again then WDW is gonna be next because money won't be flowing to the parks anymore (WDW is the *only* wholly-owned resort still open right now besides DLP).
Brutal... well @marni1971, good thing you got to go when you did!Disneyland Paris will reportedly be closing October 30th.
If WDW is still making a positive contribution to operating margin I don’t see why they would close. Right now the resort would be more negative to cash flows if it was closed than with it open. That’s not taking into account any changes in demand due to spike or 2nd wave in FL.If DLP closes again then WDW is gonna be next because money won't be flowing to the parks anymore (WDW is the *only* wholly-owned resort still open right now besides DLP).
If DLP closes again then WDW is gonna be next because money won't be flowing to the parks anymore (WDW is the *only* wholly-owned resort still open right now besides DLP).
Disneyland Paris will reportedly be closing October 30th.
It’s worth noting it’s not official yet. Someone is jumping the gun with the governments announcement. Although it’s to be expected.Brutal... well @marni1971, good thing you got to go when you did!
The OSHA reference is interesting as it is possible it could apply but only to how COVID prevention is handled IN THE OFFICE. OSHA doesn't give any power over what people do on their own time. So I don't think it applies to the situation we were discussing.We can agree to disagree. It’s actually a pretty good analogy. It was suggested that if people don’t feel safe working with a high risk of Covid exposure they can just quit their job and get a different one. People willing to take the risk can continue working there. That’s true about any unsafe condition. If we scrap OSHA requirements then many companies would find someone willing to work in an unsafe environment and anyone unwilling can just quit, so problem solved. I don’t think you agree with that since you are saying worker safety is incredibly important. It was also suggested here that the business owners and not the government should get to decide. If a business feels it can open and be safe then it should be allowed to. That’s obviously not how OSHA and other safety requirements work. A government agency that is focused on the best interest of the workers and not the bottom line of the business sets the standards.
Where I’m sure we disagree is whether Covid is serious or dangerous. That again isn’t for me or you or the business owners to decide. The government makes that call, just like OSHA. Even if I feel I’m willing to take the risk I can’t work as a window washer without a harness or proper safety gear. Sometimes government imposed safety requirements help keep us safe even from ourselves.
Neither can you.You can't force your values and standards on to others.
I am genuinely curious about this. What did you see (pre-covid) to convince you?
The economy has been slipping since the last year or 2. There were already too of talks about certain industries tanking.Uuuuuuh No. You must have been out of the country for a few years.
DLP is a non-essential business. The lockdown applies to *all* non-essential businesses. Of course it's going to close.It’s worth noting it’s not official yet. Someone is jumping the gun with the governments announcement. Although it’s to br expected.
That’s not the point I was making. You know that.DLP is a non-essential business. The lockdown applies to *all* non-essential businesses. Of course it's going to close.
I'm not sold on this, but very interesting reads - thank you for sharing.The economy has been slipping since the last year or 2. There were already too of talks about certain industries tanking.
Here are articles from 2019.
Explainer: Countdown to recession - What an inverted yield curve means
Yields on U.S. 10-year Treasury notes <US10YT=RR> slid below those on two-year notes <US2YT=RR> on Wednesday, delivering a reliable recession signal and sending shudders through global financial markets.www.reuters.com
How the Recession of 2020 Could Happen (Published 2019)
The freeze-up in business confidence, caused in part by the trade war, could wind up affecting consumer confidence.www.nytimes.com
Ok, interesting, what if, type of journalism. Not what actually happened pre-COVID. Like I said, interesting reading. Hey, you are one of those preppers, aren't you?The economy has been slipping since the last year or 2. There were already too of talks about certain industries tanking.
Here are articles from 2019.
Explainer: Countdown to recession - What an inverted yield curve means
Yields on U.S. 10-year Treasury notes <US10YT=RR> slid below those on two-year notes <US2YT=RR> on Wednesday, delivering a reliable recession signal and sending shudders through global financial markets.www.reuters.com
How the Recession of 2020 Could Happen (Published 2019)
The freeze-up in business confidence, caused in part by the trade war, could wind up affecting consumer confidence.www.nytimes.com
You thinking of getting in on the ground floor and buying?At this rate Disney parks will probably be spun-off by 2022-3. No way that attendance is going back to pre-pandemic levels in time before activist investors dismantle the house of cards.
The only people buying are hedge funds who don't give a rat's towards anything but instant profit.You thinking of getting in on the ground floor and buying?
So sad was it early in the pregnancy? Most data suggests the virus doesn’t affect the baby.A pregnant family friend of my bestie is hospitalized with COVID-19, and lost the twins she was carrying.
PLEASE. WEAR A MASK. SOCIAL DISTANCE. WASH YOUR HANDS.
The point is that employers have an obligation to make their workplace safe. I think that applies to Covid too. People have the right to work in a safe environment. So opening a bar with no restrictions on capacity and no face masks is IMHO making an unsafe work place for a bartender or waiter. Whether they are willing to take the risk is irrelevant. Same goes for meatpacking plants or supermarkets or any other venue.The OSHA reference is interesting as it is possible it could apply but only to how COVID prevention is handled IN THE OFFICE. OSHA doesn't give any power over what people do on their own time. So I don't think it applies to the situation we were discussing.
I had made the argument that people should be allowed to do their own possible risk assessment of whether or not to partake in COVID "risky" activities and the other poster then replied with that can't be allowed since I have to go work and I have no other choice but to go and how that puts them at risk.
My objection is to there is no other option of going into their job. That just isn't the truth. No one in the US is FORCED to work anywhere. You CHOOSE to work there. Now, it might be a tough choice and I would argue that 99% of people have worked a job that they hated just because they had bills to pay but it is still a choice. It isn't a great choice but if it is that important to you then you need to do that. You can't force your values and standards on to others.
You talking about all of 2020...or just todayI for one am shocked about all of this. Who could have seen this coming /s
Register on WDWMAGIC. This sidebar will go away, and you'll see fewer ads.