Owen Raskovich
π€ SpeakerAppearances Over Time
Podcast Appearances
in international flights.
So that's having an impact on their business and what is likely to come about as a result of that is we're likely to see things like maybe not so much job layoffs but maybe things like people going on unpaid leave or being forced to take leave in certain respects because they simply don't have the work there.
Another one is a company like Blackmores.
So Blackmores creates the vitamins and those things that make us feel good, right?
Or at least we think they do.
Maybe it's just a placebo.
I don't know.
You're the expert on this, not me.
But Blackmores has come out and said, hey, we're not going to be able to manufacture.
We perceive at least a two to three month shortfall in the key supply and disruption to our production.
I guess, our global supply for these products.
So even though people might be rushing into the chemist to buy them, they're just simply not there because they haven't been manufactured and they can't get to the shelves in time.
But then we see another effect.
We see things like plumbing businesses and construction companies.
So if you're working on someone's house or you're about to say you're a plumber or you're a builder and a client's just come in and said, we want this house built.
It's a wonderful house.
It's going to cost us $400,000.
But then that person is now forced to work from home and their job is insecure and they're not sure what's going to happen with their income.
They might think, well, hey, you know what?
We might not actually go ahead with this building right now.