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  1. #31
    WOATbrah of peace :) sooby's Avatar
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    Originally Posted by dondadas View Post
    it's not the 1930s anymore, the infrastructure that we have in place now and the amount of professions has skyrocketed plenty of times since then

    our food supply situation is not the same either, so no you will not be dying of hunger in the streets

    you think after we have dealt with the corona virus there will be no more opportunities anymore? wrong, there will be even more

    just think what happened to the world after the great depression and stop being scared poosies or get a sex change and let a normie homo take care of you if you can't deal with it


    we will bounce back to business as usual in a short time even if this chit lasts a year

    so stop your low IQ fearmongering and use your brain, just because you learned about the 1930s great depression in school does not mean we will have it repeat

    and yes i have lost quite a bit of money for the time but it's not the first time this has happened to me and i will bounced back and so can you
    It's not fearmongering when more people are getting laid off from their jobs than there are cases of Coronavirus in just 1-2 weeks of businesses shutting down. Imagine if the economy were to run like this for months. What does the government plan to do give out 2 trillion dollar payouts every month? A vaccine isn't coming out until next year if we are lucky. People are already chitting bricks because they aren't get paid and live paycheque to paycheque in just a week of this mess. Unless you want to say fuk you to them I guess that's a solution as well.. So maybe we should shut down the economy for a year because "muh lives and people are dropping like flies". Meanwhile your grocery store that people gather every day in will probably have your ass infected anyway if it's so lethal and deadly.

    yeah, let's plunge the economy into a depression for the entire year because 0.0001% of the population is dying. we should be okay. lol speak for yourself.. imagine being such a cuck and slave to the government and media that you bought the fear and panic they are selling you.
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  2. #32
    unregistered user Fozzy13's Avatar
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    a couple of years from now, stock market will have made new highs
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  3. #33
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    2 trillion worth of debt is nothing. Pshaw. And that's only week one.
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  4. #34
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    Originally Posted by GrimRep_er View Post
    No one thinks short term damage isn't a reality, but long term things will be much better. Big changes are on the horizon. The US, after decades of dependency, have freed themselves of middle Easter oil. We now produce and export more oil then anyplace in the world. I expect the same thing to happen with our dependency on Chinese goods, drugs and medications specifically. The US is a major consumer, but when the dust settles, we will make a major shift to be a producer once again. Made in America used to be a slogan...I expect it will become the new normal.

    I'm not an expert on anything, but if I'm thinking this I'd hope people much smarter them me are as well.

    Won't do much good for the service industry and tourism.
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  5. #35
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    Originally Posted by orangetide View Post
    https://pubmed.ncbi.nlm.nih.gov/32133832/

    Lol, covid test has a false positive rate of >50%
    Thats the chinese one, south korean test is more accurate like 80%-90%.

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  6. #36
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    We we're in good times which created us to be weak men. And weak men cause hard times, now we will have to become strong men to create good times again.
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  7. #37
    New Jack Hustler RocknRollMuscle's Avatar
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    we survived obama's depression and that was far worse.
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  8. #38
    Banned dondadas's Avatar
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    Originally Posted by BraneyGumble View Post
    Won't do much good for the service industry and tourism.

    tourism and countries who depend on it will be absolutely phucked
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  9. #39
    The Walkin' Dude GrimRep_er's Avatar
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    Originally Posted by GrimRep_er View Post
    No one thinks short term damage isn't a reality, but long term things will be much better. Big changes are on the horizon. The US, after decades of dependency, have freed themselves of middle Easter oil. We now produce and export more oil then anyplace in the world. I expect the same thing to happen with our dependency on Chinese goods, drugs and medications specifically. The US is a major consumer, but when the dust settles, we will make a major shift to be a producer once again. Made in America used to be a slogan...I expect it will become the new normal.

    I'm not an expert on anything, but if I'm thinking this I'd hope people much smarter them me are as well.
    I was just on the Rush Limbaugh show, I asked a question based on my post.

    I'm famous now
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  10. #40
    Banned dondadas's Avatar
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    Originally Posted by GrimRep_er View Post
    I was just on the Rush Limbaugh show, I asked a question based on my post.

    I'm famous now

    post a clip when it's out brah
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  11. #41
    Registered User BraneyGumble's Avatar
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    Originally Posted by dondadas View Post
    tourism and countries who depend on it will be absolutely phucked

    Restaurants, bars, clubs, parks, event organizers, hairdressers/barbers etc., and any and every store ordered to close down.


    Chit's real.
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  12. #42
    Registered User TurbanMon's Avatar
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    how else will the shorts make 100x their principle?
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  13. #43
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    how much has your portLOLio lost, OPie?
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  14. #44
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    Originally Posted by aleeboy View Post
    LOL if you think the 2 trillion package will be used to help the plebs.

    LOL if you bought stocks recently. srs

    Thanks for buying high and selling low.
    Billionaires and hedge-fund managers are currently buying. What kind of inside connection do you have that they don't have?
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  15. #45
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    Originally Posted by dondadas View Post




    "it's just the flu"

    "it's just the old people dying"

    "it's just the old and sick dying"

    "don't destroy muh economy"

    These are correct statements thou.
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  16. #46
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    Seriously...

    This chit is pissing me off...

    If people would just stop posting about all of this nonsense, it would literally not be "as bad".
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  17. #47
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    My observation is this-if you think having people stay home a few weeks is gonna rek the economy, how do you think the economy will react to an Italy like situation here? I don't see discretionary spending going up in that scenario....
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    Registered User kusok's Avatar
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    OP,

    You have to grasp that 150’000 people die every day. Last year 1’000’000 died from just being fat. 100’000 died from HIV thou there is cure for that. At this point Aspirin killed more people than Corona. The people who die from this strain of Corona would have died from something else, since these viruses ONLY and oNLY succeed VS a weak immune system.

    Damaging the economy actually kills MORE people. Let me explain:

    When market goes down and to prevent a crash banks pump money into the system they inflate the money supply and price of bread around the world thus going up by 1% or so, and guess what that means for poor countries like in Africa? 100’000 people die from starvation. But you didn’t even know that. Or here is another one for you, you know that when economy goes down people lose their jobs and thus rates of suicides go up dramatically?


    We should quarantine the old and the weak, but others should get back to work and school.
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  19. #49
    The Walkin' Dude GrimRep_er's Avatar
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    Originally Posted by dondadas View Post
    post a clip when it's out brah


    Hey man, my 10 seconds of fame happen at 39:30.

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    Cali governor came out and said 1 million have filed unemployment, 5.56% of the population there

    Gonna get ugly real quick
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    Bull trap, noob
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    Unemployment has increased in our state by a magnitude.

    Will we bounce back, sure. It's not going to be that quick.
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    Originally Posted by nothingshocking View Post
    You're absolutely retarded if you don't think this work shutdown/slowdown will trigger a global recession.


    But what do I know, I'm just a CPA with an MBA from the school with the best economics program in the world.
    This


    Also LOL at "its not like it was in the 1930s" . Youre right, its going to be WORSE, theres WAY more people now and going to be a much larger amount of people unemployed and prices of things are WAY higher than peoples income because of the creation of "credit" and loans that wasnt really around in the 1930s like today. If people arent getting paid or getting paid very low and prices of products and services are WAY higher in comparison to income than in the 1930s, its going to create a much more severe depression than in the 1930s in terms of everything except food really. Theres going to be large scale homelessness, joblessness, and people having to resort to alternative ways of living such as living with parents, grandparents, siblings, sharing vehicles, etc.....

    And LOL at OP saying even if it lasts a year. If this lasted a year the country and world would be completely ****ed and HAVE to turn to complete socialism or face massive scale rebellion and war.
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    Originally Posted by HomerJThompson View Post
    Thats the chinese one, south korean test is more accurate like 80%-90%.

    Korean was also not that accurate neither. They started requiring like 3 straight negative tests in a row before they release you. after people were testing positive after being discharged.
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    Originally Posted by Jestbrah View Post
    This


    Also LOL at "its not like it was in the 1930s" . Youre right, its going to be WORSE, theres WAY more people now and going to be a much larger amount of people unemployed and prices of things are WAY higher than peoples income because of the creation of "credit" and loans that wasnt really around in the 1930s like today. If people arent getting paid or getting paid very low and prices of products and services are WAY higher in comparison to income than in the 1930s, its going to create a much more severe depression than in the 1930s in terms of everything except food really. Theres going to be large scale homelessness, joblessness, and people having to resort to alternative ways of living such as living with parents, grandparents, siblings, sharing vehicles, etc.....

    And LOL at OP saying even if it lasts a year. If this lasted a year the country and world would be completely ****ed and HAVE to turn to complete socialism or face massive scale rebellion and war.

    I have said this a ton of times already it's going to be way worse and on top of that there was deflation in 1929 it's going to be the opposite now so it's way worse meanwhile I posted a thread earlier where it said the people in italy are going to be in lock down maybe until july now.

    so that's the summer and most people don't even have money saved up for emergencies let along if something like this happend.
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    Originally Posted by messomi View Post
    what's coming is going to make 1929 like a picknick and even worse it was planned all along.
    We are entering a very strange phase man. I think they are going to get us used to lockdown and then make us get mandatory vaccinations and chip us. I've also noticed that internet censorship and astroturfing has seemed to increase a lot in the past 6 months or so. Something is up. They have something really big planned.

    This chit seems linked to liberal agenda and marxism leninism which is kind of scary
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    Originally Posted by eod8989 View Post
    We are entering a very strange phase man. I think they are going to get us used to lockdown and then make us get mandatory vaccinations and chip us. I've also noticed that internet censorship and astroturfing has seemed to increase a lot in the past 6 months or so. Something is up. They have something really big planned.
    they already passed new laws while everybody was in lock down mode and I am reading online that they are rolling out 5G while everybody is under house arrest this could be fake though but we will find out soon.
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    Originally Posted by messomi View Post
    they already passed new laws while everybody was in lock down mode and I am reading online that they are rolling out 5G while everybody is under house arrest this could be fake though but we will find out soon.
    Yeah i read that, i just don't know exactly what is going to happen to the internet. I suspect mass censoring.

    But i also think the government could be trying to do a mass cover up. Because people are waking up now. Hence the mass censoring on forums lately. I've seen it on several forums and it's really bad on reddit. They don't want people to hear the truth.
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    Originally Posted by eod8989 View Post
    Yeah i read that, i just don't know exactly what is going to happen to the internet. I suspect mass censoring.

    But i also think the government could be trying to do a mass cover up. Because people are waking up now. Hence the mass censoring on forums lately. I've seen it on several forums and it's really bad on reddit. They don't want people to hear the truth.
    better put your tinfoil hat on and carry 2 AR's with you at all time



    FFS the IQ level of you people thinking this is some secret sinister plan by the government watch too many movies and believe in fiction as reality way too much.

    The only thing sinister going on is rich people trying to get richer off of the governments policies during this time.
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    Originally Posted by GrimRep_er View Post
    No one thinks short term damage isn't a reality, but long term things will be much better. Big changes are on the horizon. The US, after decades of dependency, have freed themselves of middle Easter oil. We now produce and export more oil then anyplace in the world. I expect the same thing to happen with our dependency on Chinese goods, drugs and medications specifically. The US is a major consumer, but when the dust settles, we will make a major shift to be a producer once again. Made in America used to be a slogan...I expect it will become the new normal.

    I'm not an expert on anything, but if I'm thinking this I'd hope people much smarter them me are as well.
    This is cope and magical thinking imo. US oil production does not have many years left, as alot of shale fields are already rapidly depleting. Shale is a symptom of the problem, namely the peak in conventional oil production which we hit on the eve of the financial crisis.

    Things won't get any better, in fact they will only deteriorate further if we continue on the path we've been on since the 1950's.

    There are long term structural constraints we're hitting up against now, and they can't be solved by central bank money printing and the illusion of going back to business as usual. Essentially we've reached the limits to growth. Resource depletion, ecological destruction, climate change, ever increasing debt, these are all telltale signs.

    What I think will have to happen if we are to have any chance of a viable future, is a fundamental reinterpretation of our own place in this ecosystem and on this planet as a whole. A return to a simpler society, a less energy demanding society and above all, we'll have to move to a steady state economy where consumption is dramatically curtailed. This again will require a whole new monetary system.

    If we don't do this voluntarily, collapse is locked in. I suspect by 2040-2050 it's game over.
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