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re: Media hysteria continues: Yellen says Coronavirus could throw US economy into recession

Posted on 2/26/20 at 8:18 pm to
Posted by OmniPundit
Florida
Member since Sep 2018
1440 posts
Posted on 2/26/20 at 8:18 pm to
The dems only hope to beat Trump in November is for the economy to crater. The only thing on the horizon that could crash the economy is the virus.

Given that the dems and MSM are closely allied together, how much of the press the virus is receiving is from honest reporting, and how much of it is from trying to help defeat Trump?

Me thinks Yellen has just added her "Beat Trump."
This post was edited on 2/26/20 at 8:22 pm
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
80918 posts
Posted on 2/26/20 at 8:20 pm to
quote:

The way you do that is working from home. Remote school. Less social interaction.


So, short TruckNutz?
Posted by IrishTiger89
Member since May 2017
1492 posts
Posted on 2/26/20 at 8:20 pm to
The realization that global supply chairs are pretty messed up at the moment
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13560 posts
Posted on 2/26/20 at 8:21 pm to
quote:

What is the difference between the last 1.5 months since Monday?

Major outbreaks in Italy and South Korea
Posted by TigerCruise
Virginia Beach, VA
Member since Oct 2013
11898 posts
Posted on 2/26/20 at 8:22 pm to
Is there a chart where I can see what a "major" outbreak is and what a "minor" outbreak is?

Is the flu in perpetual major outbreak?
Posted by Hurricane Mike
Member since Jun 2008
20059 posts
Posted on 2/26/20 at 8:23 pm to
quote:

That will definitely impact the economy. And that’s not counting lost production from ill workers


How bout we worry about lost production when there's actually ill workers
Posted by Magician2
Member since Oct 2015
14553 posts
Posted on 2/26/20 at 8:24 pm to
quote:

Major outbreaks in Italy and South Korea


Italy already had outbreaks.

I need to see the data of how many were already reported in SK before Monday to assess if the word “major” holds any credence.
Posted by OmniPundit
Florida
Member since Sep 2018
1440 posts
Posted on 2/26/20 at 8:26 pm to
quote:

s there a chart where I can see what a "major" outbreak is and what a "minor" outbreak is?


He're the nearest answer I know of to your question.

CORONAVIROUS JOHN HOPKINNS, CSSE

LINK
This post was edited on 2/26/20 at 8:29 pm
Posted by thebigmuffaletta
Member since Aug 2017
15718 posts
Posted on 2/26/20 at 8:26 pm to
quote:

So the media is responsible for China quarantining their entire country


No, moron, the media is responsible for spreading fear and panic in the U.S. in order to usher in a recession to blame it on bad orange man. Ya know, kinda like they did with muh inverted yield curve this past summer.
Posted by bbrownso
Member since Mar 2008
8985 posts
Posted on 2/26/20 at 8:33 pm to
I blame Bloomberg going for a more dramatic headline.

For example:
Forexlive.com - Ex-Fed head Yellen says its conceivable that the coronavirus could push the US into recession

It's a short little blurb:
quote:

Ex Chair of the Federal Reserve System Janet Yellen speaking

*Virus could have a significant impact on Europe

*some risk but the US outlook is basically good


Like someone else said, there are a lot of things that could push the US economy into a recession.
Posted by Magician2
Member since Oct 2015
14553 posts
Posted on 2/26/20 at 8:34 pm to
quote:

So the media is responsible for China quarantining their entire country


China quarantined the entire city a week after it was reported in early jan. The quarantined most of the country 2 weeks after that.

Why didn’t the market go downhill then? Why didn’t the media cover it so fervently then? By that point outbreaks were already starting all across the globe.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
95668 posts
Posted on 2/26/20 at 8:34 pm to
Since this is, essentially, SARS 2.0, we're actually going to chuckle about this hysteria by the 4th of July - maybe sooner.
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13560 posts
Posted on 2/26/20 at 8:36 pm to
Italy had like two cases before this weekend and they have almost 500 now.

I agree the media is overreacting but the markets have pretty much tuned out the media since the election. There's legit reason to worry at this point that this spreads enough across the globe to affect the economy.
Posted by Vacherie Saint
Member since Aug 2015
47619 posts
Posted on 2/26/20 at 8:37 pm to
quote:

Why didn’t the market go downhill then?


Because now the globalists have decided to weaponize it against Trump. First Rosenstein’s kid sister, and now Yellen.
Posted by Mickey Goldmill
Baton Rouge
Member since Mar 2010
26833 posts
Posted on 2/26/20 at 8:38 pm to
quote:

Since this is, essentially, SARS 2.0, we're actually going to chuckle about this hysteria by the 4th of July - maybe sooner.


This Coronavirus has killed nearly 3 times as many people in 8 weeks as SARS did in 8 months...so yeah pretty much the same thing
Posted by OmniPundit
Florida
Member since Sep 2018
1440 posts
Posted on 2/26/20 at 8:38 pm to
quote:

Since this is, essentially, SARS 2.0, we're actually going to chuckle about this hysteria by the 4th of July - maybe sooner.


If we are, expect the dems to be wiggling like a fish on a hook, but on a much shorter line, about what to do to disrupt Trump and his economy.
Posted by Dale51
Member since Oct 2016
32378 posts
Posted on 2/26/20 at 8:39 pm to
quote:

The Yellowstone volcano could trash the economy as well.


If that happened to happen at the same time as the coming Zombie Apocalypse we'd be done. The Zombies always go for the brains. We would know how to fix the economy without the brains.
Posted by teke184
Zachary, LA
Member since Jan 2007
104086 posts
Posted on 2/26/20 at 8:40 pm to
That’s fewer than the average rotovirus outbreak on a Carnival Cruise.
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
108983 posts
Posted on 2/26/20 at 8:41 pm to
Dems and media are not letting a political hit job go to waste even if it means costing the U.S. a vibrant economy. By any means necessary.

Must get Trump, Barr, and team out of office.
Posted by thebigmuffaletta
Member since Aug 2017
15718 posts
Posted on 2/26/20 at 8:41 pm to
Keep hoping and praying that a virus will kill a bunch of people and tank the economy so you can get rid of the bad orange man. This will go the way of the rest of your Drumph is going to kill us all predictions.
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