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Discussion Starter #1
There’s a well used comment made by someone regarding Darwin’s book that goes:

it is not the most intellectual of the species that survives; it is not the strongest that survives; but the species that survives is the one that is able best to adapt and adjust to the changing environment in which it finds itself

Watching car dealerships recently shows it holds true.

Some are closed.

Some open but crossed only by tumbleweeds

Some have implemented a mix of price changes, home test drives, home part ex appraisals and free home delivery.

The power of ‘how can we’ vs ‘we can’t’.

At the other end of this the landscape will be different and the scope for success huge.
 

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There are quite a few industries that will have to change completely or fade away over the next few months.
 

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Discussion Starter #3
It gives a fascinating insight into which businesses are swift to adapt and which ones oil tanker their way along.
 

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There are many businesses that have amassed impressive amounts of cash and will live off those for a long while. The company I used to work for had in its coffers enough cash to cover all expenses for 10+ years of no income. Not all companies have such large cash deposits, but quite a few do.

Household names will not disappear so quickly, 3M, Bosch, Magna, Colgate-Palmolive, Microsoft, Apple etc. these companies are sitting on ridiculous amounts of cash.

Sadly, most others though are built on debt, because the price of money recently was very low. Curious how Tesla will weather the crisis, as they carry quite some debt... This is also where GM, most airlines and others are currently, they have high levels of debt.
 

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Can't do test drives now, the cars would need to be decontaminated afterwards.
 

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these companies are sitting on ridiculous amounts of cash.

Sadly, most others though are built on debt
I can understand why, for instance, BA/IAG who have £9Bn (IIRC) reserves are pissed at talk of bailing out other airlines like Virgin Atlantic. It's a difficult call.
OTOH, if BA have got so much cash why are they so rubbish?
 

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Some businesses with large cash reserves will likely shut up shop than pay out large amounts to ride out the shutdown with no guarantee that a deep recession may be ahead as well.
 

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Pfft......
I could do with a break.
Haven't had a day off work since New Years Day, never been busier.
 

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Recently, as in just before falling asleep last night, I listened to an interesting podcast episode about how to save the economy. Im not vouching that the opinion is valid or good, but it seems like an interesting idea not to choose winners and losers at this point, and just carpet the world in large sums of money to weather the storm; funny that even in ill-constructed-capitalist America, they're talking quite the socialist talk these days (sending people money in the mailbox).

Anyhow, here's the podcast, highly recommend it:
 
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