Originally Posted by Name User
(Post 2999348)
I can see this leading to the biggest depression in America's history. And not from the actual disease, but from the knee jerk reaction from it. Americans without much savings are screwed, and what stops being paid first? Credit cards, car loans, moving to big ticket items like mortgages. Forget student loans. This is a 2008 all over again. Unbelievable.
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Originally Posted by Slaphappy
(Post 2998062)
Close the borders and shut down all travel.
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Originally Posted by at6d
(Post 2998667)
My guess is bans on South America by Monday. Or is this already a thing?
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Originally Posted by hockeypilot44
(Post 2999289)
Right now college kids trying to get home from closed schools.
I'll challenge the title... doesn't have to be Trump, look at NYC mayor Bill de Blasio considering a lockdown. It might be governors and mayors responsible for it. https://abc7news.com/6015610 |
Originally Posted by SonicFlyer
(Post 2999087)
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Originally Posted by Red Forman
(Post 2999119)
OH/IL closing all restaurants/bars. https://thehill.com/policy/healthcar...to-coronavirus CDC recommends no events over 50 people. https://thehill.com/policy/healthcar...xt-eight-weeks |
Originally Posted by PosRateGearUp
(Post 2999487)
CDC recommends no events over 50 people.
https://thehill.com/policy/healthcar...xt-eight-weeks |
“The guidance does not apply to large organizations such as schools, universities or businesses, the CDC said”
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Originally Posted by Name User
(Post 2999348)
I can see this leading to the biggest depression in America's history. And not from the actual disease, but from the knee jerk reaction from it. Americans without much savings are screwed, and what stops being paid first? Credit cards, car loans, moving to big ticket items like mortgages. Forget student loans. This is a 2008 all over again. Unbelievable.
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Originally Posted by Skylarking
(Post 2999367)
At some point the drastic steps are going to do more actual harm than theoretical good. Not a stretch to think local governments will shut down Walmart, etc. Gotta let people buy food. How does this play out, even in the minds of decision makers?
So the above combined with a total lack of leadership at the federal level...I personally have lost all confidence in our federal government (Biden is a lock as well as a full D sweep come elections). China could mobilize their army and take out any number of countries right now and there is nothing we could do about it, things are so disorganized. Same with Russia rolling through Europe. 30 days ago the market was at its historical high...29,xxx. What's the over under on where this ends up? The president is focused on the stock market and doing anything he can to pump it. This is not about the stock market. Tax cuts aren't going to help when no one is working. Inflating the money supply just brings more bad debt. The Fed has used all their ammo to reduce rates in one fell swoop...I feel like we are in a twilight zone. And now the lady across from me is coughing up a lung on my commute home. :( |
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