My concern is that if they are bringing out Keynesian econ stimuli that means they think the virus is going to be sticking around. 3 weeks / 52 of slower productivity is not much, 10% dip and thus doesn't need a huge response. 3 months on the other hand....
And if Trump supports the stimulus, that means spending $2 trillion is the least bad trade-off in this. That's shot up red flags for me. I'm worried if shit stays closed for more than a month or so we'll be rebuilding the economy after this, like after a war, not just bailing it out. Lots of small businesses don't profit much. If you run a business, you can pay yourself a salary, you can pay for your employees... that's a successful business by all means. And those margins are where most locally-owned businesses operate.
Yep. Stay vigilant and buy local in these times if you have the money to... it's gonna be a rough ride for our entrepreneurs. Small business loans are part of the package, but with states one by one getting on-board with stay-at-home orders, I'd be pretty hesitant to take one out for a while.
I've been self-employed for 28 years, still do everything myself. I hate the idea of a loan. Interest free? I do understand where they're coming from, that this is the way to help. I may have to look into it ...
The doctorsThere are doctors who are concerned that the virus isn't going away or won't go away.
China really fucked up. At the same time I wonder if they fucked up on purpose. They and several other countries are facing a population inversion. Interesting that this bug has the mortality that, first pass on the math, is enough to correct the inversion.
Assholes had the WHO saying “no evidence of human transmission”..: Trump smelled bunk in the water early but China had already done the damage. People travel to China from all over the world.
The cynic in me is thinking this was engineered to cause a second Great Depression wherein China becomes the biggest economic power on Earth with the West recovering and in shambles. Regardless if that happens or not, I want to see some swift action taken against those Commie fucks once this is over. All manufacturing back in USA or with very close allies. Clinton and Obama were FOOLS or downright evil for sending our production over there.
It’s difficult to know what the true danger is with the media shills overhyping everything, but if Trump is considering a near $2T stimulus, that at least tells me this fallout isn’t something to take lightly.
Left first I presume?
My concern is that if they are bringing out Keynesian econ stimuli that means they think the virus is going to be sticking around. 3 weeks / 52 of slower productivity is not much, 10% dip and thus doesn't need a huge response. 3 months on the other hand....
And if Trump supports the stimulus, that means spending $2 trillion is the least bad trade-off in this. That's shot up red flags for me. I'm worried if shit stays closed for more than a month or so we'll be rebuilding the economy after this, like after a war, not just bailing it out. Lots of small businesses don't profit much. If you run a business, you can pay yourself a salary, you can pay for your employees... that's a successful business by all means. And those margins are where most locally-owned businesses operate.
Yep. Stay vigilant and buy local in these times if you have the money to... it's gonna be a rough ride for our entrepreneurs. Small business loans are part of the package, but with states one by one getting on-board with stay-at-home orders, I'd be pretty hesitant to take one out for a while.
I've been self-employed for 28 years, still do everything myself. I hate the idea of a loan. Interest free? I do understand where they're coming from, that this is the way to help. I may have to look into it ...
The doctorsThere are doctors who are concerned that the virus isn't going away or won't go away.China really fucked up. At the same time I wonder if they fucked up on purpose. They and several other countries are facing a population inversion. Interesting that this bug has the mortality that, first pass on the math, is enough to correct the inversion.
edit for grammar
Assholes had the WHO saying “no evidence of human transmission”..: Trump smelled bunk in the water early but China had already done the damage. People travel to China from all over the world.
The cynic in me is thinking this was engineered to cause a second Great Depression wherein China becomes the biggest economic power on Earth with the West recovering and in shambles. Regardless if that happens or not, I want to see some swift action taken against those Commie fucks once this is over. All manufacturing back in USA or with very close allies. Clinton and Obama were FOOLS or downright evil for sending our production over there.
It’s difficult to know what the true danger is with the media shills overhyping everything, but if Trump is considering a near $2T stimulus, that at least tells me this fallout isn’t something to take lightly.
+1
(+ a million if I could)
It's nice having astute people to hang out with!