Originally Posted by
ShyGuy
You don't declare BK when you have 0 cash on hand. I believe the number is about 1 billion remaining. That is when declare BK.
9mike is correct. The assumption was 50% by December and 80% by next summer. It's starting to look very unlikely that's happening. Even with a vaccine you have 1 in 3 Americans saying they ain't gonna take it. Fauci says 2/3 vaccinated (and that already assumes 100% effectiveness which it won't be), is still not going to be enough to achieve herd immunity. I hate to be the sky is falling type person but if there was ever one scenario where the sky is falling and we're all hosed, this would be it.
i don’t think we’ll hit those targets myself, but I also don’t think we’ll be out of the ballpark either. And by next summer, it won’t make sense to furlough with guys still out on EIL and a marked recovery for summer 2022 being all but certain.