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Old 09-27-2020, 10:33 AM
  #14  
howdyclub
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Joined APC: Sep 2020
Posts: 32
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Originally Posted by Flyinggabe View Post
Reality is that it's going to be a K recovery. Unless; there is going to be a stimulus to the economy aka giving people money such as stimulus checks or better yet bringing back the $600 to UI. Giving money to a regular joe will help keep the money flowing in the economy. Now that the money has dried up people are being more careful on what they spend their money on or they just save it which is smart for the person but not the economy. Basically the gov't has to spend money so that people (bottom 50%) are confident in the economy. If the people aren't confident then well, I'm going to be a CFI for a much longer time.

-Daddy
Definitely a K recovery. Anything given to the top goes into financial products. Anything given to the bottom is spent on booze and rioting. Supporting otherwise insolvent companies can be a slippery slope politically with such a large wage disparity within them.
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