I think that we all need to realize that this is an unprecedented world wide situation. Even though a true pandemic had been predicted for years, our systems are not built for this - not our medical system, not our financial systems, etc. And this is very country across the world. (I mean, come on, it took the US disaster response organization (FEMA) 3 days to get water to the SuperDome in New Orleans after Hurricane Katrina hit. And we knew that was coming too.)
And no company wanted to take the financial hits if they didn't have to, because there is a lot of money on the line up and down. And businesses like Disney will be particularly hard hit by all of this. Think of the impacts of this virus on some main Disney business lines - cruise ships, the parks, movies, etc. There isn't an unlimited supply of cash out there to cover the losses.
Now, do I think that some of the calls made are dumb. Yes. But everyone is just struggling through all of this uncharted territory. Mistakes will be made. Hopefully corrected.
And no company wanted to take the financial hits if they didn't have to, because there is a lot of money on the line up and down. And businesses like Disney will be particularly hard hit by all of this. Think of the impacts of this virus on some main Disney business lines - cruise ships, the parks, movies, etc. There isn't an unlimited supply of cash out there to cover the losses.
Now, do I think that some of the calls made are dumb. Yes. But everyone is just struggling through all of this uncharted territory. Mistakes will be made. Hopefully corrected.