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Can the American Economy survive current conditions until July/August/longer?
Posted on 3/16/20 at 2:37 pm
Posted on 3/16/20 at 2:37 pm
Sobering to think about.
21
Posted on 3/16/20 at 2:38 pm to okietiger
This will be mostly over by end of April. Will take the economy longer to recover though.
Posted on 3/16/20 at 2:39 pm to okietiger
Probably not
We are screwed if nothing returns to normal by fricking August
We are screwed if nothing returns to normal by fricking August
Posted on 3/16/20 at 2:39 pm to okietiger
unless they just start giving groceries and everything else out free then frick no it cant. Even then businesses would be screwed. Either consumers or businesses will be fricked, likely both. There's no way we can withstand this that long.
Posted on 3/16/20 at 2:39 pm to okietiger
Nope.
Our standard of living is about to fall to that of a middle income country, at least for the time being
Our standard of living is about to fall to that of a middle income country, at least for the time being
Posted on 3/16/20 at 2:39 pm to okietiger
This country survived an invasion by the British, the Civil War, and the Great Depression. Think it'll survive an economic downturn like this one.
Posted on 3/16/20 at 2:39 pm to okietiger
Not without massive gove't intervention and assistance, and once again that gov't assistance will largely go to corporations that may or may not use it to help their employees.
Posted on 3/16/20 at 2:39 pm to okietiger
No, no economy can.
Posted on 3/16/20 at 2:41 pm to okietiger
Not unless the Government starts printing a bunch of money to give away.
If it keeps going on this way,that long,we will see times none of us have seen before.
If it keeps going on this way,that long,we will see times none of us have seen before.
This post was edited on 3/16/20 at 2:43 pm
Posted on 3/16/20 at 2:45 pm to okietiger
Global warming will save us.
By the end of April, we will be business as usual.
By the end of April, we will be business as usual.
Posted on 3/16/20 at 2:46 pm to okietiger
quote:No
Can the American Economy survive current conditions until July/August/longer?
shite just got real for a lot of people with JBE announcing all the places that are ordered closed until April 13 and now they're out of business/work for at least a month.
Posted on 3/16/20 at 2:46 pm to okietiger
No.
That said, I pray that it's over sooner rather than later.
That said, I pray that it's over sooner rather than later.
This post was edited on 3/16/20 at 2:47 pm
Posted on 3/16/20 at 2:46 pm to okietiger
No effing way. The country would be irreparably damaged if this goes in for even 8 weeks.
Posted on 3/16/20 at 2:49 pm to okietiger
Think about Katrina only it's not just South Louisiana and Mississippi. It's the whole fricking world experiencing a similar disruption...
Posted on 3/16/20 at 2:50 pm to okietiger
Would have to waive 2019 taxes or something on that level to stimulate back the economy
Posted on 3/16/20 at 2:50 pm to okietiger
What does survive mean? Are we gonna be trading berries for nuts? No.
Posted on 3/16/20 at 2:54 pm to okietiger
quote:Define survive?
Can the American Economy survive current conditions until July/August/longer?
Posted on 3/16/20 at 2:57 pm to okietiger
Who the fuk said anything about suspending the entire economy for 5 months? Quit with the hysterics.
Posted on 3/16/20 at 6:44 pm to okietiger
Absolutely not. It can’t survive all the way through April. People need to come to their senses by April 10-15 or we are fricked.
Posted on 3/16/20 at 6:47 pm to okietiger
Si.
Demand is being shifted to other areas but when the virus is under control people will still want to bet on sports, attend games, go to festivals, take cruises, and eat dinner at restaurants. It'll be a boom for entertainment thanks to pent-up demand.
In the long run large companies learn a hard lesson about depending solely on a communist s-hole country for their supply line.
Demand is being shifted to other areas but when the virus is under control people will still want to bet on sports, attend games, go to festivals, take cruises, and eat dinner at restaurants. It'll be a boom for entertainment thanks to pent-up demand.
In the long run large companies learn a hard lesson about depending solely on a communist s-hole country for their supply line.
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