We're doing Federal Reserve shenanigans that have never been tried. Is it really helping stabilize things or could we see a real crash when money printer stops brrrrrrring. Mostly to banks and insiders, pennies for the people.

Our leaders, supposedly the most powerful people on the planet, rise and fall routinely by decades old stories of arse-grabbing.

Government allows millions of illegal migrants to hurt working class wages. Destroys community fabric. You can't have public manger scenes at Christmas but the local library hosts Drag Queen Story Hour. Courts, not legislatures, mandate cultural altering decisions.

There's an old maxim "things are normal until they aren't". Nobody saw the USSR collapsing like it did. Lack of legitimacy is the key factor in system collapse. I can't think of a time where everything seemed so fake, obviously corrupt, and mask off that the average person has no power in the system. In fact the system actively seeks to undermine them at every turn.

I think we are walking on very thin ice.

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Posted by uppermidwestbama

Member since Nov 2014

2097 posts

Posted on 5/7/20 at 8:17 pm to Codreanu

Trump fixed a lot of big problems with our economy. Back in 2008ish the recession was caused by a broken system. This crash is caused by things coming to an immediate hault, nothing structurally. IN fact, our economy had never before in it's entire history had such a strong period of economic growth that we had since Trump has been in the office (really going back to roughly 2010 but then took off in 2016).

The problem right now is just long-term unemployment and low paid, low margin industries getting destoryed.

Resaturatns - those will come back but with different owners

Event promoters - many will go out of business but those are easily started by any random Yahoo out there.

Hotels and transportation are getting destroyed and will get bailed out.

When it comes to food, the virus is arlready working it's way through many of our food production plants and herd immunity will be built up.

Uber and Lyft will survive since people will want the easy life of transportation back when things are back to normal next year.

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Posted by deathvalleytiger10

Member since Sep 2009

9283 posts

Posted on 5/7/20 at 8:18 pm to Codreanu

We are in a grand experiment.

We printed money and ran up the debt after 08/09. Inflation was held in check.

We are doing it again. If we don’t see inflation get out of control, we will see massive printing for all kinds of things.

It’s the biggest gamble in our lifetime.

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Posted by texashorn

Member since May 2008

13122 posts

Posted on 5/7/20 at 8:19 pm to uppermidwestbama

quote:
When it comes to food, the virus is arlready working it's way through many of our food production plants and herd immunity will be built up.

Do you mean among the plant workers?

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Posted by Codreanu

Member since May 2020

16 posts

Posted on 5/7/20 at 8:23 pm to uppermidwestbama

I get all that economically.... but when it comes to legitimacy, every election or nomination boiling down to did you grab some broad's arse 30 years ago has to be troublesome in a system. When it comes to legitimacy, the absolute sickening degeneracy that is promoted and normalcy punished has to build up towards a tipping point.

They're making a complete mockery of the citizenry.

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