f7ben Posted March 31, 2020 Share Posted March 31, 2020 20k new virus cases , 600 deaths , economy shut down, gdp -15% , 10 million unemployed and the entire country dealing with a crippling pandemic Fed pumps trillions into banks and markets rally 22% in 5 days Yah , that’s totally appropriate Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 31, 2020 Share Posted March 31, 2020 To make this all worse, the evil left has sucked trump into believing the big lie. Terrible what’s going on. How will trumpers ever make sense of this? Quote Link to comment Share on other sites More sharing options...
motonoggin Posted March 31, 2020 Share Posted March 31, 2020 2 minutes ago, f7ben said: 20k new virus cases , 600 deaths , economy shut down, gdp -15% , 10 million unemployed and the entire country dealing with a crippling pandemic Fed pumps trillions into banks and markets rally 22% in 5 days Yah , that’s totally appropriate It's insane. Quote Link to comment Share on other sites More sharing options...
Guest Posted March 31, 2020 Share Posted March 31, 2020 It actually makes good sense. The country is on the verge of socio/economic collapse. The federal government controls our lives, and our taxes. It is only fitting that it should save us in times of dire need. Quote Link to comment Share on other sites More sharing options...
f7ben Posted March 31, 2020 Author Share Posted March 31, 2020 26 minutes ago, Polaris 550 said: It actually makes good sense. The country is on the verge of socio/economic collapse. The federal government controls our lives, and our taxes. It is only fitting that it should save us in times of dire need. How is printing trillions of dollars and giving it to rich people saving anyone? Quote Link to comment Share on other sites More sharing options...
ford_428cj Posted March 31, 2020 Share Posted March 31, 2020 What's the market prediction?? Quote Link to comment Share on other sites More sharing options...
f7ben Posted March 31, 2020 Author Share Posted March 31, 2020 1 minute ago, ford_428cj said: What's the market prediction?? 45 million will be unemployed by June Earnings will be down 57% yoy GDP will be down 20% Dow will be at 37k Quote Link to comment Share on other sites More sharing options...
Guest Posted March 31, 2020 Share Posted March 31, 2020 1 minute ago, f7ben said: How is printing trillions of dollars and giving it to rich people saving anyone? It's not really going to rich people. Some of it IS going to big companies, to keep them going. Those companies EMPLOY millions of people, which creates a TRICKLE-DOWN effect. Trump and the senate/house are smart enough to know that once the economy tanks, it will be a disaster that you can not comprehend how bad. Quote Link to comment Share on other sites More sharing options...
frenchy Posted March 31, 2020 Share Posted March 31, 2020 36 minutes ago, Polaris 550 said: It actually makes good sense. The country is on the verge of socio/economic collapse. The federal government controls our lives, and our taxes. It is only fitting that it should save us in times of dire need. their job isn't to protect wall street you dumb fuck. Quote Link to comment Share on other sites More sharing options...
f7ben Posted March 31, 2020 Author Share Posted March 31, 2020 3 minutes ago, Polaris 550 said: It's not really going to rich people. Some of it IS going to big companies, to keep them going. Those companies EMPLOY millions of people, which creates a TRICKLE-DOWN effect. Trump and the senate/house are smart enough to know that once the economy tanks, it will be a disaster that you can not comprehend how bad. Bull fucking shit. The trillions the fed is injecting is going directly to banks and is not being lent. Take your too big to fail corporate welfare and shove it up your blown out ass Quote Link to comment Share on other sites More sharing options...
Guest Posted March 31, 2020 Share Posted March 31, 2020 2 minutes ago, frenchy said: their job isn't to protect wall street you dumb fuck. Then why is so much money going to wage-earners, you fat fuck???? Quote Link to comment Share on other sites More sharing options...
Anler Posted March 31, 2020 Share Posted March 31, 2020 2 minutes ago, Polaris 550 said: Then why is so much money going to wage-earners, you fat fuck???? Because if people start defaulting on their mortgages and loans every bank will go bust. And since the fed let's them leverage their loans to deposits at 10-1 your money in that bank will be gone. And fdic only insures about 1% of deposits. Doh! Quote Link to comment Share on other sites More sharing options...
f7ben Posted March 31, 2020 Author Share Posted March 31, 2020 5 minutes ago, Polaris 550 said: Then why is so much money going to wage-earners, you fat fuck???? Very little money is going to wage earners in the grand scheme of things Quote Link to comment Share on other sites More sharing options...
motonoggin Posted March 31, 2020 Share Posted March 31, 2020 Quote Link to comment Share on other sites More sharing options...
motonoggin Posted March 31, 2020 Share Posted March 31, 2020 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted March 31, 2020 Platinum Contributing Member Share Posted March 31, 2020 7 hours ago, f7ben said: Very little money is going to wage earners in the grand scheme of things it sI, and that's the real crime here. A bill 4 times larger then it had to be . Quote Link to comment Share on other sites More sharing options...
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