Equity investors today failed to follow through on initial efforts to "Buy The Fucking Fire and Fury Dip" but they are apparently rushing out to buy their very own doomsday bunkers on the off chance that President Trump wasn't joking yesterday when he offered the following warning to North Korea:
Apparently the comments have spooked some folks on America's west coast who are thought to be within Kim Jong Un's nuclear strike radius. And while a global nuclear confrontation is generally viewed as a bad thing, for Ron Hubbard, President of Atlas Survival Shelters in Los Angeles, it has resulted in an economic windfall. Here's more from The Sacramento Bee:
“It’s crazy, I’ve never seen anything like it,” Ron Hubbard, president of Atlas Survival Shelters, told Fox11. “It’s all over the country. I sold shelters today in North Carolina, Tennessee, Texas, Oklahoma, Louisiana, Oregon, Washington, Arizona, California.”
The company, based in Montebello in eastern Los Angeles, sells shelters priced from $10,000 to $100,000. Hubbard told the station that the shelters are designed to be buried 20 feet below ground and can sustain survivors for up to one year, depending on the size and model.
He told the station he had sold more than 30 units in recent days, including to customers in Japan.
Meanwhile, Bloomberg reports that Vivos, another shelter manufacturer in Del Mar, Calif., near San Diego, also has experienced a spike in business.
“Japan’s going hog wild right now,” said Ron Hubbard, owner of Atlas Survival. The Montebello, California-based company makes about a dozen different underground refuge models intended to be inhabitable for six months to a year, some outfitted with escape tunnels, decontamination rooms and bulletproof hatches.
“People are getting off the fence – we’ve got thousands and thousands of applications,” said Robert Vicino, founder and chief executive officer of Vivos, Spanish for “alive.”
Vivos sells models for individual and communal use, and the company has built subterranean survival communities in the U.S. and Europe. The latest, xPoint, covers 9,000 acres in South Dakota with 575 off-grid dugouts. Planned amenities include a community theater, hydroponic gardens, shooting ranges, restaurant and bar. Shelters in the community are available for lease with an up-front cost of $25,000. Vicino told Bloomberg about 50 units have been leased or reserved.
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