Any crisis can make most people feel concerned, anxious, nervous and fearful. Others notably sociopaths tend to see the same crisis as an opportunity.
There are a number of crafty sods, aka profiteers who make hay whilst the crisis sun shines. It can be anyone from the small guy on Amazon who sells flour, hand sanitiser and loo rolls at wonderful ‘new’ prices, to the corporate giant who grabs a unique opportunity to manipulate the market.
Retail guys are in a mess. The lockdown has switched all the lights off for the high street. Concerns abound that these shops, even if they reopen will never be the same. Our habits and concerns will probably over-rule the ancient art of shopping. Already a large German clothing store has reopened – and after 10 days closed again as the customer base had dropped by 90%.
BA have seen the opportunity to gate crash the unions and shed a large chunk of staff they wanted to get rid last year, and suffered massive strike retaliation. BP paid an annual dividend, Shell refused and says it will reinvest the dividend into new technologies to offset the use of oil. BP somewhat stuffed are now looking for several dogs to ‘kick in the rear’.
But there are losers amongst the big boys. Warren Buffet the doyen of the stock markets has taken a hit of around $4bn in his companies fortunes.
The real concern for many of us – is the planned investment in the north still able to go ahead. The sun shinning out of Sunak rear end may have run out of cash by then and we all may be wandering around with begging bowls ( bought from Amazon of course) or empty Costa coffee cups. Maybe catching the sight of Richard Branson wandering around with KFC bucket, well we all different personal approaches.