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Economic point of no return is March 30, back to work or damage irreversible
Strategos
Against Dystopia
User ID: 455233
03-24-2020 08:58 PM

Posts: 6,126




Post: #1
Economic point of no return is March 30, back to work or damage irreversible
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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.

lewrockwell.com
whatreallyhappened.com
mises.org
thunderbolts.info
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Lakeofmarch
-Apollyon, Key and Guardian of the Gate-
User ID: 538381
03-24-2020 09:08 PM

Posts: 11,916




Post: #2
RE: Economic point of no return is March 30, back to work or damage irreversible
[Image: Chicken-game-diagram-Two-toy-cars-one-dr...-agent.png]
The instigators think pedal to the metal will win them the kingdom whole.. and I've got some news on that front.

My Tao is great, but seems odd, like nothing on earth; if it was like anything else,
How small it would have been from the beginning!
https://terebess.hu/english/tao/wu.html
[Image: Figura-081.jpg]
Son Calenda/Fudo Myoo
secretsun.blogspot.com
Axte Incal, Axtuce Mun
-NO8DO-
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piequal3because14
Angel of Love from Heaven
User ID: 537405
03-24-2020 09:11 PM

Posts: 15,327




Post: #3
RE: Economic point of no return is March 30, back to work or damage irreversible
The economical tsunami didn't arrived yet.

Anyway,

RIP economy.


Fsaqqhab

Look into my eyes to see a Paradise of Love

https://www.youtube.com/watch?v=lqtHu0XFal0

https://www.youtube.com/watch?v=wo7PY4vbQLE

https://www.youtube.com/watch?v=LTm9ui-26F0
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spɹɐʍoɔ snoɯʎuouɐ
☇☇Vocem sine nomine audivit!☇☇
User ID: 350320
03-24-2020 09:14 PM

Posts: 48,373




Post: #4
RE: Economic point of no return is March 30, back to work or damage irreversible
[Image: ETzWkObXsAEloaC?format=jpg&name=medium]
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AnatoliyGolitsyn
Registered User
User ID: 501465
03-24-2020 09:15 PM

Posts: 3,292




Post: #5
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.


The establishment is already starting to simmer down the narrative. Looks like this was just a test.
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AnatoliyGolitsyn
Registered User
User ID: 501465
03-24-2020 09:21 PM

Posts: 3,292




Post: #6
RE: Economic point of no return is March 30, back to work or damage irreversible
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.
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LoP Guest
lop guest
User ID: 539705
03-24-2020 09:21 PM

 




Post: #7
RE: Economic point of no return is March 30, back to work or damage irreversible
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.
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AnatoliyGolitsyn
Registered User
User ID: 501465
03-24-2020 09:22 PM

Posts: 3,292




Post: #8
RE: Economic point of no return is March 30, back to work or damage irreversible
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.
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LoP Guest
lop guest
User ID: 539705
03-24-2020 09:22 PM

 




Post: #9
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.

Duh That is the reaction to the news that a bailout is coming.
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Jack Torrance
Registered User
User ID: 538237
03-24-2020 09:23 PM

Posts: 1,094




Post: #10
RE: Economic point of no return is March 30, back to work or damage irreversible
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.

This is a very real thing. He IS damaged goods at this point.

[Image: MofSS.jpg]

"The media likes to say we have the most [coronavirus] cases, but we do, by far, the most testing. If we did very little testing, we wouldn't have the most cases. So, in a way, by doing all of this testing, we make ourselves look bad."

-Donald Trump 5/6/2020
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LoP Guest
lop guest
User ID: 539705
03-24-2020 09:31 PM

 




Post: #11
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.

Doubt it. If it goes on any longer the Government will have to bankroll the payroll cost and that is what they are trying to avoid.
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AnatoliyGolitsyn
Registered User
User ID: 501465
03-24-2020 09:32 PM

Posts: 3,292




Post: #12
RE: Economic point of no return is March 30, back to work or damage irreversible
LoP Guest  Wrote: (03-24-2020 09:22 PM)
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.

Duh That is the reaction to the news that a bailout is coming.

The bailout has been known for a couple of weeks.
Quote this message in a reply
AnatoliyGolitsyn
Registered User
User ID: 501465
03-24-2020 09:33 PM

Posts: 3,292




Post: #13
RE: Economic point of no return is March 30, back to work or damage irreversible
LoP Guest  Wrote: (03-24-2020 09:31 PM)
AnatoliyGolitsyn  Wrote: (03-24-2020 09:22 PM)
I think QE will keep everything afloat, for now, and jobs will return.

Doubt it. If it goes on any longer the Government will have to bankroll the payroll cost and that is what they are trying to avoid.

The central bankers know what they are doing, despite what the likes of Zerohedge and other doomers say. Yes, they are diabological, but they have a method to their madness.
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Cowboy
Flights of Fancy
User ID: 221060
03-24-2020 09:33 PM

Posts: 5,056




Post: #14
RE: Economic point of no return is March 30, back to work or damage irreversible
LoP Guest  Wrote: (03-24-2020 09:22 PM)
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.

Duh That is the reaction to the news that a bailout is coming.

That's all it is today. Yeppers.
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LoP Guest
lop guest
User ID: 539705
03-24-2020 09:55 PM

 




Post: #15
RE: Economic point of no return is March 30, back to work or damage irreversible
AnatoliyGolitsyn  Wrote: (03-24-2020 09:32 PM)
LoP Guest  Wrote: (03-24-2020 09:22 PM)
Duh That is the reaction to the news that a bailout is coming.

The bailout has been known for a couple of weeks.

Man you are slow. Both sides signaled a deal is coming now.
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