Blackcrusader
Contributor
Wow. Cebu Pacific, a domestic carrier in the Philippines, just announced they are completely shutting down for a month.
Domestic as well then? They do fly international as well.
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Wow. Cebu Pacific, a domestic carrier in the Philippines, just announced they are completely shutting down for a month.
Domestic as well then? They do fly international as well.
Our mistake. Higher prices on in demand goods are what is needed to control that demand so people only buy what they need and so there is a reason to create or bring in more supply.I remember after hurricane Katrina they raised prices on everything. I remember paying 4.50 a gallon for gas. It is now a law that a business canning raise prices over a certain percentage during a national crisis
Friends in Saudi Arabia are telling me the country is in lock down. No foreigners in or out of Maccah, which is a pretty big deal especially with Ramadan around the corner.
Most Middle East countries are in lockdown apart from UAE, where Emirates airlines are still operating from Dubai but limited to countries where they are allowed to travel to. In fact there has been and still is three flights per day to Beijing where on return the aircraft go through a six hour decontamination process before flying again! (as per an EK engineer dive buddy).
The BIG issue with Saudi is whether or not to cancel the Haj which is in August this year, when up to two million pilgrims descend on Mecca and Medina.
Our mistake. Higher prices on in demand goods are what is needed to control that demand so people only buy what they need and so there is a reason to create or bring in more supply.
Better that they just don't have any. Or maybe it should be rationed. See how that works.So those on a fixed income or have low income are to do what if prices are raised on in demand goods? The last thing that needs to happen is to raise prices. I saw what happened when prices were raised during Katrina -- people just ended up looting businesses and that is never a good thing.