In the cost structure of the mine, labor costs are very small. We calculated overtime pay based on the extended national statutory holidays (and the holiday in Shanghai that was delayed to February 8) without any difficulty.

However, many companies have high labor costs, are unable to start work, have no income, and have to bear interest, rent and other cost losses, which is very difficult. It is recommended that everyone should not completely oppose the labor-capital relationship, sit on the labor side and don't care about the life and death of the capital side.

It is unknown how long the nationwide shutdown will last, and many people are demanding an extension of the holiday, an extension of the shutdown, and opposing the relaxation of travel restrictions. But if you look at the occupations of these people, at least 80% are white-collar workers who can still receive wages during the holidays .

The frontline workers who have to work hard to make ends meet are not as leisurely as white-collar workers. If the shutdown continues, they will face the problem of not being able to pay rent, children's tuition, and even food. But the problem is that they have no voice online.

White-collar workers are not immune to this disaster either. 85% of companies can only maintain cash flow for three months. The first to die are labor-intensive companies. Even a well-known brand like Haidilao only has enough cash on hand for three months . Once a large number of small and medium-sized companies begin to lay off employees and go bankrupt, white-collar workers will immediately find that it is extremely difficult to find a job amid the economic downturn, production shock, and the inability to interview due to the epidemic.

Let's talk about the mining farm. The mining farm is one of the industries least affected. And we have maintained a relatively abundant manpower in the second half of 2019. First, because we maintain our own mining machines, more people can increase the output of mining machines relative to wages. Second, it is to reserve personnel for the bull market in 2020. Therefore, after 1/3 of the employees went back for vacation during the Spring Festival, the site can still maintain enough manpower, which is much better than the situation in other mines. This is the benefit of anti-fragility - I have always been lucky.

At the mine that was shut down the day before yesterday, others were using new machines, but I happened to be using old machines (the new machine S17 has a net output of 40 yuan/day, the old machine S9 has a net output of 2 yuan/day, and shutting down 1 new machine = shutting down 20 old machines ). Do you think I'm lucky?

So some people should not imagine that my mine was shut down, so they are angry and move their butts. Among dozens of mines, only one mine was shut down (only 2,000 old machines = 100 new machines were put in), which is much luckier than those who put new machines in this mine. And this mine is estimated to be open today. Mining is still the industry least affected.

To put it bluntly, if the shutdown continues, 99% of the people will suffer greater losses than me , especially white-collar workers, who will lose their jobs if affected. I started talking about this because I have the acumen to predict the coming of autumn from a single leaf. I like to make predictions and then watch them come true.

I wanted to write an article, but then I thought, forget it, why bother with that [spreading hands]. Here are the pictures I prepared for the article, by the way.

Take care, everyone.

Number of deaths from influenza each year

Sampling results of Japanese evacuees

(8 people were diagnosed with the virus, 5 of them were asymptomatic, you can figure out what it means)

UK vs. Influenza A (H1N1)

America vs Swine Flu

Frontline workers