[AGL] report from the front lines
Michael Eisenstadt
eisenstadt0 at gmail.com
Fri Apr 3 11:28:58 EDT 2020
On 4/3/2020 10:11 AM, Frances Morey wrote:
> Capitalism sure is having to rethink its business model. Wonder how
> long they can go without making profit?
Some businesses are doing real well, grocery stores for example. Up to
recently, Americans spent 40% of their food expenses eating in
restaurants. Now with restaurants closed, grocery stores sales have
skyrocketed. Internet service providers are doing a roaring business
accommodating folks working from home and students attending school
remotely. I participated in a Univ of Texas seminar yesterday for an
hour using Zoom. It worked rather well. The coronavirus has doubled the
fortune of the founder of that company.
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