First Pallet Pictures

Originally Posted by kss

If the gov doesnt send out money, there will be rioting and looting in the streets. People are running out of money, and soon, and wont be able to buy food or feed their familes.... and cant even go out and find work to make money, since everything is shut down. Thatll put people into some very desperate places, which is not good for peoples saftey.

A part of what i'm seeing is that ordinary folks are paying with credit cards now. (They usually use debit cards and only spend money they have in the bank.) Traditionally, this time of year, you would rarely see a credit card used. They're more for the upscale folks.

This leads me to think that a clam digger with a platinum card is getting into his emergency stash. A pretty smart move by " The Fed " to dump a bunch of money into the banking system BEFORE a money shortage happens. Now the credit card companies have plenty of money to lend to those in need. The banking industry is also talking about deferred loan payments & interest only payments to help those affected by this event.

We've reduced hours of operation & started laying off our older workers who are most at risk. It's strictly voluntary to take a layoff at this point. The state set up a special section of our unemployment system just to render aid to those whose jobs were affected by the Corona thing. If you are high risk and don't want to be on the job just go home and collect a check for the next six months.Same thing if the company you worked for closed and you were involuntarily put out of a job. You're covered.



So far ... tons of timely support from the state & federal governments. That should help calm any potential civil unrest.

Originally Posted by hills

A part of what i'm seeing is that ordinary folks are paying with credit cards now. (They usually use debit cards and only spend money they have in the bank.) Traditionally, this time of year, you would rarely see a credit card used. They're more for the upscale folks.

That is an interesting observation. I always use a credit card and pay it back before any interest hits..... gets me free cashback plus credit cards offer better fraud liability. Credit card puts a layer between you and fraud. If your card gets stolen or the numbers swipped (like at a gas station pump) and someone runs up $1000 on there before you notice, if its a debit card, your money is gone (at least temporarily). So it could be weeks before your banks fraud department puts that money back.... with credit card they credit your account back right away, and youre fine and you are not ever out any money, even temporarily. Ive had each of my creditcard numbers stolen, multiple times, so I NEVER use debit, just to prevent a situation like I said from happening.... but.... regaurdless.... and interesting observation