For two weeks, COVID-19 has DEVASTATED the international economy and wiped out years of stock market gains. As the local impact takes hold and more people are staying home, public officials scramble to offer reassurance.
To wit . . .
CORONAVIRUS THREATENS THE TENUOUS KANSAS CITY ECONOMY AS POLITICOS DESPERATELY HOPE TO PRESERVE 'MOMENTUM' FROM PANDEMIC!!!
Given that so much of the Kansas City economy is based on taxpayer subsidy and creative-class hype. Any interruption of local good times and our party-based downtown financial model is serious.
Unfortunately, local threat from COVID-19 impact isn't just a manner of opinion, here's survey confirmation . . .
Morningstar: "More than half of respondents said they expect coronavirus to weigh on their operations for the rest of the year, according to a monthly survey by the Federal Reserve Bank of Kansas City."
Accordingly, the local elite have called upon columnist Mary Sanchez to lead a discussion that seemingly attempts to provide calm:
Greater KC Chamber: The Emerging Impacts of the Coronavirus
"The Emerging Impacts of the Coronavirus program will seek to debunk any misconceptions about the virus, while giving perspectives from professionals in the field of business and risk management, the economy, and public health. With no vaccine for the Coronavirus currently developed, it is anticipated the outbreak will continue to spread in the coming months. Join the World Trade Center - KC, Healthy KC and the International Relations Council on March 11 at the Greater KC Chamber Board Room in Union Station to further your knowledge about the Coronavirus and what it means for the future of global health."
- Dr. Rex Archer, Director of Health, City of Kansas City, Missouri Health Department
- Andrew Azan, Vice President, AON
- Mike Stellern, Professor of Economics, Rockhurst University
- Moderator, Mary Sanchez, Flatland KC
Tragically, this sounds like more of a pep talk than serious health discussion given that Kansas City is also promoting B-ball games during this same time frame.
Reality . . .
ALREADY, CONONAVIRUS IMPACTS THE GLOBAL ECONOMY AND COWTOWN BIZ AMID CONTINUED UNCERTAINTY AND A DEARTH OF LEADERSHIP!!!
Check the links:
Downtown Kansas City Party Continues And Ignores Threat Of Community Spread
KANSAS CITY, MO (KCTV) -- Local leaders say it's only a matter of time before we see confirmed cases of COVID-19 in the Kansas City metro area. With several large events expected to draw crowds in the coming days, health officials have some advice to keep people safe.
TOY TRAIN STREETCAR SWEARS IT'S CLEAN OF HOBO GERMS!!!
As part of our daily maintenance routine, all KC Streetcars receive a thorough cleaning at the end of every day. The cleaning products the team uses are effective against numerous bacteria and viruses, including the Human Coronavirus and Influenza Type A Virus.
Markets Sick Around World
Stocks in Asia declined on Friday, tracking heavy losses on Wall Street as the novel coronavirus outbreak continues to fray investors' nerves.
Stocks Continue Slide Despite Prez Trump Assurances
by Eoin Higgins The stock market plunged 970 points Thursday, or 3.58%, as fears of the economic impact of the global coronavirus outbreak-and President Donald Trump's mishandling of the crisis-continued to roil the world's financial markets after last week's panic sent markets into freefall. "It's kind of like an earthquake-there's the earthquake, which is last [...]
Kansas City Response
FAIRWAY, KS (KCTV) -- So far, Kansas and Missouri have no confirmed Coronavirus cases, but who is managing the COVID-19 test kits? If you were thinking you could walk into a local Walgreens for a test kit, think again.
Kansas City International Airport said it has ramped up cleaning efforts to protect the health and well-being of travelers and its employees during fast-moving outbreak of the coronavirus."Custodial crews are more frequently checking and restocking rest room soap, hand sanitizer and paper towels," airport officials said in a news release posted on its website."They are also stepping up cleaning and disinfecting efforts in rest rooms and other high-contact areas such as doors, drinking fountains and counters.
Local COVID-19 Arts & Crafts
KANSAS CITY METRO (KCTV) -- As strange as it is to say, hand sanitizer is now a hot commodity. Online retailers, name-brand products and generics are selling out and listed as currently unavailable. Even locally in stores like the Walmart in Oak Grove, there are some places that are limiting how many bottles you can buy per person.
Developing . . .