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Economic point of no return is March 30, back to work or damage irreversible
LunaC
¯\_(ツ)_/¯
User ID: 516263
03-24-2020 09:57 PM

Posts: 20,844




Post: #16
RE: Economic point of no return is March 30, back to work or damage irreversible
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Strategos  Wrote: (03-24-2020 08:58 PM)
Complete meltdown of civil society, much like Iraq/Venezuela.

Only this time, we don't have an America to send us aid.

We have nobody.

And nowhere to escape to.

https://spectator.org/back-to-work-by-ma...mperative/

Quote:An opinion piece by John P. A. Ioannidis, professor of medicine, epidemiology, and population health at Stanford University, is headlined, “A fiasco in the making? As the coronavirus pandemic takes hold, we are making decisions without reliable data.”


This season the flu has killed 22,000 Americans versus 388 dead from COVID-19. This the hard data available. There has been no national discussion about the flu but complete panic on the coronavirus.

The restaurant industry, which is the largest employer in America, is closed in most states. Now we will begin to witness the industries that support restaurants and hotels begin to shutter.

Marriott Corporate in Bethesda, Maryland, has furloughed 66 percent of its employees and cut the pay of the remaining employees by 20 percent. Such actions by major employers will have a devastating impact on the U.S. economy.

The Big Three automakers and their suppliers are closed, which means hundreds of thousands of workers are laid off and at home. This will quickly lead to more layoffs and many small business failures. There is no amount of government money that can make up for an economy closed and workers staying home.

We all know that food and supplies are critical to families. Most individuals assume these products and services will be available. But as we have witnessed, when demand exceeds supply and businesses are shuttered, supply runs out.

Supply of goods and services is quickly becoming a more important national issue than the COVID-19 panic. The virus will not adversely impact most Americans, but they will sustain substantial financial losses and at some point supplies will run out.


Schools can shut down, and sick people should stay home, along with older or at-risk individuals, until the panic subsides, but the healthy must be allowed to work.

Alarmist nonsense from a news article authored by the CEO of an HVAC company that is likely not enjoying this pandemic. Just because his world is ending doesn't mean the entire thing is.

Fléctere Si Néqueo Súperos Acheronta Movebo
I never dreamed I'd grow up to be an asshole. But here I am. Killing it.
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Krampus
Registered User
User ID: 538622
03-24-2020 09:57 PM

Posts: 10,147




Post: #17
RE: Economic point of no return is March 30, back to work or damage irreversible
And next Fall here what will happen!


[Image: hFac0Rf.jpg]

[Image: A97caO1.jpg]
“It's easier to fool people than to convince them that they have been fooled.” ― Mark Twain
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BeelzeBoop
【GROOVERIFIC BABY】
User ID: 534322
03-24-2020 09:58 PM

Posts: 19,225




Post: #18
RE: Economic point of no return is March 30, back to work or damage irreversible
Strategos  Wrote: (03-24-2020 08:58 PM)
Complete meltdown of civil society, much like Iraq/Venezuela.

Only this time, we don't have an America to send us aid.

We have nobody.

And nowhere to escape to.

https://spectator.org/back-to-work-by-ma...mperative/

Quote:An opinion piece by John P. A. Ioannidis, professor of medicine, epidemiology, and population health at Stanford University, is headlined, “A fiasco in the making? As the coronavirus pandemic takes hold, we are making decisions without reliable data.”


This season the flu has killed 22,000 Americans versus 388 dead from COVID-19. This the hard data available. There has been no national discussion about the flu but complete panic on the coronavirus.

The restaurant industry, which is the largest employer in America, is closed in most states. Now we will begin to witness the industries that support restaurants and hotels begin to shutter.

Marriott Corporate in Bethesda, Maryland, has furloughed 66 percent of its employees and cut the pay of the remaining employees by 20 percent. Such actions by major employers will have a devastating impact on the U.S. economy.

The Big Three automakers and their suppliers are closed, which means hundreds of thousands of workers are laid off and at home. This will quickly lead to more layoffs and many small business failures. There is no amount of government money that can make up for an economy closed and workers staying home.

We all know that food and supplies are critical to families. Most individuals assume these products and services will be available. But as we have witnessed, when demand exceeds supply and businesses are shuttered, supply runs out.

Supply of goods and services is quickly becoming a more important national issue than the COVID-19 panic. The virus will not adversely impact most Americans, but they will sustain substantial financial losses and at some point supplies will run out.


Schools can shut down, and sick people should stay home, along with older or at-risk individuals, until the panic subsides, but the healthy must be allowed to work.

Tell Bloomberg to give every American a million bucks.
We'll be fine

÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷
[Image: HLQpp3f.gif]

・VENI VIDI CASTRATAVI ILLEGITIMOS・

[Image: DmahCLp.gif]

~BALL BUSTING SINCE 1992 AND LOVING IT~
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LoP Guest
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User ID: 539750
03-24-2020 10:04 PM

 




Post: #19
RE: Economic point of no return is March 30, back to work or damage irreversible
I agree
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LunaC
¯\_(ツ)_/¯
User ID: 516263
03-24-2020 10:06 PM

Posts: 20,844




Post: #20
RE: Economic point of no return is March 30, back to work or damage irreversible
But on the real the reaction to this virus is going to create a bigger economic horror which IMHO will have worse human impact than COV-19.

Fléctere Si Néqueo Súperos Acheronta Movebo
I never dreamed I'd grow up to be an asshole. But here I am. Killing it.
(This post was last modified: 03-24-2020 10:06 PM by LunaC.) Quote this message in a reply
Sing-I'llSway
Equal Opportunity Skeptic
User ID: 539713
03-24-2020 10:10 PM

Posts: 2,525




Post: #21
RE: Economic point of no return is March 30, back to work or damage irreversible
Strategos  Wrote: (03-24-2020 08:58 PM)
Complete meltdown of civil society, much like Iraq/Venezuela.

Only this time, we don't have an America to send us aid.

We have nobody.

And nowhere to escape to.

https://spectator.org/back-to-work-by-ma...mperative/

Quote:An opinion piece by John P. A. Ioannidis, professor of medicine, epidemiology, and population health at Stanford University, is headlined, “A fiasco in the making? As the coronavirus pandemic takes hold, we are making decisions without reliable data.”


This season the flu has killed 22,000 Americans versus 388 dead from COVID-19. This the hard data available. There has been no national discussion about the flu but complete panic on the coronavirus.

The restaurant industry, which is the largest employer in America, is closed in most states. Now we will begin to witness the industries that support restaurants and hotels begin to shutter.

Marriott Corporate in Bethesda, Maryland, has furloughed 66 percent of its employees and cut the pay of the remaining employees by 20 percent. Such actions by major employers will have a devastating impact on the U.S. economy.

The Big Three automakers and their suppliers are closed, which means hundreds of thousands of workers are laid off and at home. This will quickly lead to more layoffs and many small business failures. There is no amount of government money that can make up for an economy closed and workers staying home.

We all know that food and supplies are critical to families. Most individuals assume these products and services will be available. But as we have witnessed, when demand exceeds supply and businesses are shuttered, supply runs out.

Supply of goods and services is quickly becoming a more important national issue than the COVID-19 panic. The virus will not adversely impact most Americans, but they will sustain substantial financial losses and at some point supplies will run out.


Schools can shut down, and sick people should stay home, along with older or at-risk individuals, until the panic subsides, but the healthy must be allowed to work.

For f*#k's sake, man, no where in the world, that I know of, has experienced Venezuela level degrees of breakdown-of-social-order.

Everyone be cool. Stay inside. Take care of yourselves and each other.

The most heroic thing we can do right now is stay healthy by not getting sneezed on.

Look at Wuhan. They shut that joint down and people kept it together.

America survived 1918 and The Great Depression. We'll survive this. It's gonna suck. For a bit.

But we'll survive. Hang in there.

"It’s like in the great stories, Mr. Frodo...Full of darkness & danger...sometimes you didn’t want to know the end...But it’s only a passing thing, this shadow...Folk had lots of chances of turning back, only they kept going...they were holding on to something…That there’s some good in the world, Mr. Frodo, and it’s worth fighting for.”
-Samwise
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Krampus
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User ID: 538622
03-24-2020 10:14 PM

Posts: 10,147




Post: #22
RE: Economic point of no return is March 30, back to work or damage irreversible
LunaC  Wrote: (03-24-2020 10:06 PM)
But on the real the reaction to this virus is going to create a bigger economic horror which IMHO will have worse human impact than COV-19.

Jhikpghf Jhikpghf Jhikpghf Jhikpghf

[Image: A97caO1.jpg]
“It's easier to fool people than to convince them that they have been fooled.” ― Mark Twain
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Sing-I'llSway
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User ID: 539713
03-24-2020 10:14 PM

Posts: 2,525




Post: #23
RE: Economic point of no return is March 30, back to work or damage irreversible
spɹɐʍoɔ snoɯʎuouɐ  Wrote: (03-24-2020 09:14 PM)
[Image: ETzWkObXsAEloaC?format=jpg&name=medium]

I'm hoping he keeps this ship steady. I know, I despise him too.

But he's in charge and that's that. On the ground, we gotta keep it together.

Hoping for the best. If we all stay inside, we'll be cool.

Everyone stay inside unless you have to eat or get medicine.

Stay safe. Don't get sneezed on. And we'll be all right.

"It’s like in the great stories, Mr. Frodo...Full of darkness & danger...sometimes you didn’t want to know the end...But it’s only a passing thing, this shadow...Folk had lots of chances of turning back, only they kept going...they were holding on to something…That there’s some good in the world, Mr. Frodo, and it’s worth fighting for.”
-Samwise
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LoP Guest
lop guest
User ID: 527365
03-24-2020 10:14 PM

 




Post: #24
RE: Economic point of no return is March 30, back to work or damage irreversible
Trump says he wants quarantine over by 12 April

Donald Trump doubled down on his pledge to end a national shutdown over the coronavirus, arguing on Tuesday that a prolonged economic lapse could "destroy" the United States as he vowed to open the country by Easter.

"We lose thousands and thousands of people a year to the flu, we don't turn the country off," Mr Trump said during a Fox News virtual town hall from the White House. "We lose thousands of people a year to the flu. We have to get back to work. ... The faster we go back, the better."


https://news.yahoo.com/coronavus-trump-s...29269.html

:thumbup
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Convicted Criminal
Registered User
User ID: 433612
03-24-2020 10:15 PM

Posts: 6,631




Post: #25
RE: Economic point of no return is March 30, back to work or damage irreversible
I guess this is what Communism is like, or what living in third world country is like, with no economy, people getting money for nothing all the time. Jhikpghf
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LoP Guest
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User ID: 537324
03-24-2020 10:16 PM

 




Post: #26
RE: Economic point of no return is March 30, back to work or damage irreversible
Quote:Only this time, we don't have an America to send us aid.

We have nobody.

And nowhere to escape to.

That's because everybody hates us. We have no friends anymore.
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Sing-I'llSway
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User ID: 539713
03-24-2020 10:20 PM

Posts: 2,525




Post: #27
RE: Economic point of no return is March 30, back to work or damage irreversible
AnatoliyGolitsyn  Wrote: (03-24-2020 09:21 PM)
Markets booming today. We've been punked, as usual. Another 9/11, but it's a sign we are a lot closer to the World Communist anti-Christ state.

I'll be damned. Upon reading that ^^^^ I googled "dow jones" and yeah, it's experienced its best day since 2008.

I'm not usually big on the "free" market, but I'll take the good news where I can get it. We need f*cking stability right now, by any means necessary.

Just gotta manage and contain New York and New Jersey as much as possible. They're getting killed. God bless those healthcare workers, man. Brave, brave people, working without what the federal government should be providing them.

I just read in Camden New Jersey, just over the river from here in Philly, they have a test location set up but no tests.

Our president really needs to follow through with his rhetoric of America's "greatness". Workers standing around ready to conduct life-saving tests WITHOUT the tests is pretty f*ckin' far from "great".

Come on, Mr. President. Your country needs you, sir. Please help them.

"It’s like in the great stories, Mr. Frodo...Full of darkness & danger...sometimes you didn’t want to know the end...But it’s only a passing thing, this shadow...Folk had lots of chances of turning back, only they kept going...they were holding on to something…That there’s some good in the world, Mr. Frodo, and it’s worth fighting for.”
-Samwise
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Sing-I'llSway
Equal Opportunity Skeptic
User ID: 539713
03-24-2020 10:34 PM

Posts: 2,525




Post: #28
RE: Economic point of no return is March 30, back to work or damage irreversible
AnatoliyGolitsyn  Wrote: (03-24-2020 09:22 PM)
LoP Guest  Wrote: (03-24-2020 09:21 PM)
Way to late the damage is done. Real life does not follow man made timelines.
They hoping to lessen the impact by getting everyone to go back to work, before the elections.
Mismanaged and second guessed wont bring home the bacon anytime soon.
So who you going to vote for chuckle
Trump is a jinx he is bankrupting the USA economy just like everything else he managed.

I think QE will keep everything afloat, for now, and jobs will return.

I hate to sound like an optimist, because I don't want to jinx every goddamn thing, but as soon as we're all let back out into the world (I'm trying to gauge things exclusively according to the states of the hospitals, and according to how things went down in Wuhan, which was the worst case scenario but emerged after a few months), I know people will be dying to get back to work.

My idea, and I'm not an economist, but:

As far as rent and mortgage payments, I say the feds should declare that April and May never happened. No one pays.

And then the feds subsidize the landlords accordingly. The landlords likely won't get everything right away, but God willing a deal can be reached so that they are taken care of to keep them afloat.

It's better than half the population of every major American being suddenly f*cking...homeless.

In the meantime they cut us checks to help as much as possible. We will HAVE to dig ourselves out. But I believe we can. We've done it before.

Lots of my friends are nervous about paying rent. Which I 100% understand. But the courts are shut down. So no one can get evicted anyway.

We need to hit the reset button if/when, HOPEFULLY, after May, sh*t cools down here like in Wuhan and other places.

We just gotta all keep apart for a bit. Stay home. It'll be ok. We can still kick this thing's ass.

"It’s like in the great stories, Mr. Frodo...Full of darkness & danger...sometimes you didn’t want to know the end...But it’s only a passing thing, this shadow...Folk had lots of chances of turning back, only they kept going...they were holding on to something…That there’s some good in the world, Mr. Frodo, and it’s worth fighting for.”
-Samwise
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Sing-I'llSway
Equal Opportunity Skeptic
User ID: 539713
03-24-2020 10:40 PM

Posts: 2,525




Post: #29
RE: Economic point of no return is March 30, back to work or damage irreversible
LunaC  Wrote: (03-24-2020 09:57 PM)
Strategos  Wrote: (03-24-2020 08:58 PM)
Complete meltdown of civil society, much like Iraq/Venezuela.

Only this time, we don't have an America to send us aid.

We have nobody.

And nowhere to escape to.

https://spectator.org/back-to-work-by-ma...mperative/

Alarmist nonsense from a news article authored by the CEO of an HVAC company that is likely not enjoying this pandemic. Just because his world is ending doesn't mean the entire thing is.

Well said, sir.

And good to see you again. :)

I'm shut in, man. Figured I might as well dive right back in the board!!!!

Party f*ckin' time.

"It’s like in the great stories, Mr. Frodo...Full of darkness & danger...sometimes you didn’t want to know the end...But it’s only a passing thing, this shadow...Folk had lots of chances of turning back, only they kept going...they were holding on to something…That there’s some good in the world, Mr. Frodo, and it’s worth fighting for.”
-Samwise
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Sing-I'llSway
Equal Opportunity Skeptic
User ID: 539713
03-24-2020 10:47 PM

Posts: 2,525




Post: #30
RE: Economic point of no return is March 30, back to work or damage irreversible
Krampus  Wrote: (03-24-2020 09:57 PM)
And next Fall here what will happen!


[Image: hFac0Rf.jpg]

Are you cool with a million American deaths?

Will you be one of the volunteers to help a hospital keep up humane conditions while/until everyone who is sick has finally died? You want to be there for that?

Or do you suggest we just wheel the covid-19 ICU patients onto the fields of sports stadiums and...leave them there?

These aren't rhetorical questions. I mean it. What do you suggest we DO with the sudden surge of patients that will get deathly ill (including possibly yourself, it's NOT just sick and old people) if we just...all leave our homes right now and jump into ball crawls and go to wine tastings...?

The economy is going to take a hit. Good. Our economy is a foul profits-based one, obsessed with toxic individuality and callous disregard for...nearly everyone who isn't rich.

We need a reset button.

We fundamentally change. For the better.

"It’s like in the great stories, Mr. Frodo...Full of darkness & danger...sometimes you didn’t want to know the end...But it’s only a passing thing, this shadow...Folk had lots of chances of turning back, only they kept going...they were holding on to something…That there’s some good in the world, Mr. Frodo, and it’s worth fighting for.”
-Samwise
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