us economy

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Golden fleece
    SBR Wise Guy
    • 09-25-18
    • 858

    #1
    us economy
    theres going to be a lot of people out of work over the next 2 years....

    is this all really worth it?? i feel like this could trigger a depression like never seen before....

    maybe the good times were on borrowed time anyways but this all seems real extreme to me

    am i missing something here? are we going to be better or worse in 24 months from shutdown??
  • RudyRuetigger
    SBR Aristocracy
    • 08-24-10
    • 65086

    #2
    depends who gets elected
    Comment
    • Mike Huntertz
      SBR Posting Legend
      • 08-19-09
      • 11205

      #3
      My opinion is it's worse than we're being told.
      If not why would the world tank all their economies and throw us into a massive extended depression?
      Who would gain by that?
      Comment
      • Golden fleece
        SBR Wise Guy
        • 09-25-18
        • 858

        #4
        Originally posted by RudyRuetigger
        depends who gets elected
        i feel like hillary would have had this virus swimming with the fishies already
        Comment
        • Roger T. Bannon
          SBR Hall of Famer
          • 06-28-18
          • 5139

          #5
          They are going to give away about 4 trillion dollars so that makes a difference. Would it be better to just let it run wild? Probably not. You were probably going to pay a higher price.

          Stuff happens. If they do it right, it will not be so bad. If it is a big giveaway, it will be bad.
          Comment
          • JohnGalt2341
            SBR Hall of Famer
            • 12-31-09
            • 9138

            #6
            Odds from Bovada:

            Will There Be A Recession In Trump's 1st Term?

            6/1/2010:50 PM
            Winner


            • [*=center]
              Yes
              -850
              [*=center]
              No
              +475





            The U.S. economy must experience two consecutive quarters with negative annual growth rate in real GDP (rounded to first decimal)

            Comment
            • Golden fleece
              SBR Wise Guy
              • 09-25-18
              • 858

              #7
              Originally posted by Mike Huntertz
              My opinion is it's worse than we're being told.
              If not why would the world tank all their economies and throw us into a massive extended depression?
              Who would gain by that?
              thats kinda where im coming from....

              the average mom and pop shop is going to need a miracle to get through this. shits not adding up

              i thought i saw somewhere china only had 4k deaths.... thats not that bad for a population of 1.4 billion. like i said, seems extreme to jeopardize everyones financial future
              Comment
              • pologq
                SBR Posting Legend
                • 10-07-12
                • 19899

                #8
                i imagine once the virus is is controlled, whatever that means, the nation will band together like after 9/11 and things will improve. as for the length of time, your guess is as good as mine.
                Comment
                • pilebuck13
                  SBR Posting Legend
                  • 05-15-15
                  • 17916

                  #9
                  Originally posted by Golden fleece
                  i feel like hillary would have had this virus swimming with the fishies already
                  gtfo no politicians where ready when trump shut travel w China they were all criticizing him
                  Comment
                  • JIBBBY
                    SBR Aristocracy
                    • 12-10-09
                    • 83691

                    #10
                    Is being tested now... Will rebound when Corona is over..
                    Comment
                    • pilebuck13
                      SBR Posting Legend
                      • 05-15-15
                      • 17916

                      #11
                      Whatever you do don’t be dumb and think right now is a time to load up on stocks the growth we were seeing was overvalued shit leveled out now it will get far worse wait for job unemployment numbers ect
                      Comment
                      • Roger T. Bannon
                        SBR Hall of Famer
                        • 06-28-18
                        • 5139

                        #12
                        Originally posted by Golden fleece
                        thats kinda where im coming from....

                        the average mom and pop shop is going to need a miracle to get through this. shits not adding up

                        i thought i saw somewhere china only had 4k deaths.... thats not that bad for a population of 1.4 billion. like i said, seems extreme to jeopardize everyones financial future
                        LOL. They shut down the whole country and built hospitals in like 1 day. Check out what is happening in Italy.

                        You would definitely have more deaths than 911 and think how bad that freaked you out.
                        Comment
                        • Golden fleece
                          SBR Wise Guy
                          • 09-25-18
                          • 858

                          #13
                          Originally posted by Roger T. Bannon
                          LOL. They shut down the whole country and built hospitals in like 1 day. Check out what is happening in Italy.

                          You would definitely have more deaths than 911 and think how bad that freaked you out.
                          ive heard they had help with hydroxychloroquine
                          Comment
                          • jizay
                            SBR Wise Guy
                            • 08-07-09
                            • 975

                            #14
                            Originally posted by Golden fleece
                            theres going to be a lot of people out of work over the next 2 years....

                            is this all really worth it?? i feel like this could trigger a depression like never seen before....

                            maybe the good times were on borrowed time anyways but this all seems real extreme to me

                            am i missing something here? are we going to be better or worse in 24 months from shutdown??
                            I don't think people are taking your question seriously enough. Yes, people will die from covid. Yes, we don't understand what it is entirely and how bad it might go. But we also have no idea what happens when you completely shut everything down. We've never done anything like it, not even during a war. We don't know what effects it might have and whether it might make things worse.

                            Also seems like all state and local governments are playing follow-the-leader. Nobody's gonna keep things open when others are shutting down. Shutting down might make sense in NYC, where there is tremendous population density and the disease will infect a lot of people quickly. But outside of big cities, or sparsely populated states? They can't get the same benefit from locking down, but will suffer just as badly.
                            Comment
                            • krk1030
                              SBR Posting Legend
                              • 08-13-08
                              • 17610

                              #15
                              Most of us will be worse off.

                              The only ones better off will the people that would have died.
                              Comment
                              • Roger T. Bannon
                                SBR Hall of Famer
                                • 06-28-18
                                • 5139

                                #16
                                Originally posted by jizay
                                I don't think people are taking your question seriously enough. Yes, people will die from covid. Yes, we don't understand what it is entirely and how bad it might go. But we also have no idea what happens when you completely shut everything down. We've never done anything like it, not even during a war. We don't know what effects it might have and whether it might make things worse.

                                Also seems like all state and local governments are playing follow-the-leader. Nobody's gonna keep things open when others are shutting down. Shutting down might make sense in NYC, where there is tremendous population density and the disease will infect a lot of people quickly. But outside of big cities, or sparsely populated states? They can't get the same benefit from locking down, but will suffer just as badly.
                                You are not taking Covid seriously enough. This is not the flu. It was going to spread like crazy. It has already killed twice as many people in Italy than 911 killed here and they are just getting started.

                                Consider the complete freakout Americans would have if this was just allowed to spread. You were shutting down one way or another. They don't call them pandemics for nothing.

                                What is the response here compared to 911? This will be over in 6 months. 911 is still ongoing and shows no signs of ending.
                                Comment
                                • Golden fleece
                                  SBR Wise Guy
                                  • 09-25-18
                                  • 858

                                  #17
                                  Originally posted by jizay
                                  I don't think people are taking your question seriously enough. Yes, people will die from covid. Yes, we don't understand what it is entirely and how bad it might go. But we also have no idea what happens when you completely shut everything down. We've never done anything like it, not even during a war. We don't know what effects it might have and whether it might make things worse.

                                  Also seems like all state and local governments are playing follow-the-leader. Nobody's gonna keep things open when others are shutting down. Shutting down might make sense in NYC, where there is tremendous population density and the disease will infect a lot of people quickly. But outside of big cities, or sparsely populated states? They can't get the same benefit from locking down, but will suffer just as badly.
                                  im glad you can see my question at face value

                                  i work for a company thats been in business 130 years and i dont see us making beyond the end of the year now. we weren't in great shape as is

                                  i dont mean to sound insensitive to elderly folks but if i was 80 i wouldn't be disappointed in dying if i knew it would help strengthen instead of deplete people in their 20s and 30s for years to come

                                  thats jus me tho
                                  Comment
                                  • keely85
                                    SBR MVP
                                    • 01-04-15
                                    • 4296

                                    #18
                                    No chance China only has 4K deaths. It’s not a coincidence that Russia China And the US are the ones people are demanding accurate numbers from lmao

                                    The best buddies club.
                                    Comment
                                    • Roger T. Bannon
                                      SBR Hall of Famer
                                      • 06-28-18
                                      • 5139

                                      #19
                                      Originally posted by Golden fleece
                                      im glad you can see my question at face value

                                      i work for a company thats been in business 130 years and i dont see us making beyond the end of the year now. we weren't in great shape as is

                                      i dont mean to sound insensitive to elderly folks but if i was 80 i wouldn't be disappointed in dying if i knew it would strengthen instead of deplete people in their 20s and 30s for years to come
                                      Nobody is going to die to save you. Forget it.
                                      Comment
                                      • Mike Huntertz
                                        SBR Posting Legend
                                        • 08-19-09
                                        • 11205

                                        #20
                                        Agree.
                                        Originally posted by krk1030
                                        Most of us will be worse off.

                                        The only ones better off will the people that would have died.
                                        Comment
                                        • keely85
                                          SBR MVP
                                          • 01-04-15
                                          • 4296

                                          #21
                                          Originally posted by Roger T. Bannon
                                          Nobody is going to die to save you. Forget it.
                                          Lol ok Rand :P
                                          Comment
                                          • jjgold
                                            SBR Aristocracy
                                            • 07-20-05
                                            • 388189

                                            #22
                                            Mom and pop stores failing not an issue
                                            Have to worry about the bigger companies that’s what makes the world go
                                            Comment
                                            • Roger T. Bannon
                                              SBR Hall of Famer
                                              • 06-28-18
                                              • 5139

                                              #23
                                              Look Trump tried to avoid it. The stock market started tanking. He could not hold out anymore. They were taking out his market and it was going to keep freefalling. There was no way out.
                                              Comment
                                              • Golden fleece
                                                SBR Wise Guy
                                                • 09-25-18
                                                • 858

                                                #24
                                                Originally posted by jjgold
                                                Mom and pop stores failing not an issue
                                                Have to worry about the bigger companies that’s what makes the world go
                                                i was using mom and pop example as immediate impact

                                                they are the first domino

                                                the cut is going to get deep. anyone with any kind of logic can see this right now
                                                Comment
                                                • Roger T. Bannon
                                                  SBR Hall of Famer
                                                  • 06-28-18
                                                  • 5139

                                                  #25
                                                  Originally posted by Golden fleece
                                                  i was using mom and pop example as immediate impact

                                                  they are the first domino

                                                  the cut is going to get deep. anyone with any kind of logic can see this right now
                                                  It's the real world. This will not be the last pandemic. There may not be another in your lifetime but there will be another. If you do not deal with them, a good portion of the world dies.
                                                  Comment
                                                  • Golden fleece
                                                    SBR Wise Guy
                                                    • 09-25-18
                                                    • 858

                                                    #26
                                                    Originally posted by Roger T. Bannon
                                                    Nobody is going to die to save you. Forget it.
                                                    great men and women of the military do it and risk it every single day
                                                    Comment
                                                    • Golden fleece
                                                      SBR Wise Guy
                                                      • 09-25-18
                                                      • 858

                                                      #27
                                                      Originally posted by Roger T. Bannon
                                                      It's the real world. This will not be the last pandemic. There may not be another in your lifetime but there will be another. If you do not deal with them, a good portion of the world dies.
                                                      i agree "its the real world"

                                                      how is tom hanks, gober and durant fairing right now? lets get on with it!
                                                      Comment
                                                      • 5mike5
                                                        SBR Aristocracy
                                                        • 09-21-11
                                                        • 51842

                                                        #28
                                                        Nobody knows

                                                        Def nobody here anyways
                                                        Comment
                                                        • Roger T. Bannon
                                                          SBR Hall of Famer
                                                          • 06-28-18
                                                          • 5139

                                                          #29
                                                          Originally posted by Golden fleece
                                                          great men and women of the military do it and risk it every single day
                                                          Nobody is dying of a pandemic voluntarily in this country. It is not happening.

                                                          The stock market is down 30% and was starting to fall 10% per day. It was going to fall 10% every day. The economic part was baked in. This was going to be a disaster one way or another. Trump finally gave up.
                                                          Comment
                                                          • Golden fleece
                                                            SBR Wise Guy
                                                            • 09-25-18
                                                            • 858

                                                            #30
                                                            Originally posted by Roger T. Bannon
                                                            Nobody is dying of a pandemic voluntarily in this country. It is not happening.

                                                            The stock market is down 30% and was starting to fall 10% per day. It was going to fall 10% every day. The economic part was baked in. This was going to be a disaster one way or another. Trump finally gave up.
                                                            ok lets ruin the next 24 months for average joe then. im in
                                                            Comment
                                                            • Black Coffee
                                                              SBR MVP
                                                              • 05-04-19
                                                              • 1187

                                                              #31
                                                              Originally posted by Golden fleece
                                                              theres going to be a lot of people out of work over the next 2 years....

                                                              is this all really worth it?? i feel like this could trigger a depression like never seen before....

                                                              maybe the good times were on borrowed time anyways but this all seems real extreme to me

                                                              am i missing something here? are we going to be better or worse in 24 months from shutdown??

                                                              seems like from a health standpoint, more lives will be saved in the long term....

                                                              but the economy will more than likely struggle for years to recover.. It'll be hard to get ppl to spend money when they don't have jobs or businesses any longer and have used up their savings... could be a rough road ahead..
                                                              Comment
                                                              • Roger T. Bannon
                                                                SBR Hall of Famer
                                                                • 06-28-18
                                                                • 5139

                                                                #32
                                                                Originally posted by Golden fleece
                                                                ok lets ruin the next 24 months for average joe then. im in
                                                                There is going to be huge bailouts. If there isn't, there will be a revolution.
                                                                Comment
                                                                • JIBBBY
                                                                  SBR Aristocracy
                                                                  • 12-10-09
                                                                  • 83691

                                                                  #33
                                                                  Lot's of gloom and doom on this thread.. What's wrong with you people? Keep it positive!!! Corona is a bad flu we'll get over this!!

                                                                  Comment
                                                                  • Golden fleece
                                                                    SBR Wise Guy
                                                                    • 09-25-18
                                                                    • 858

                                                                    #34
                                                                    Originally posted by Roger T. Bannon
                                                                    There is going to be huge bailouts. If there isn't, there will be a revolution.
                                                                    did you see what happened to Germany when they printed endless money??

                                                                    they couldn't buy a loaf of bread with a room full of stacks

                                                                    band aids dont work. need to be intrinsic
                                                                    Comment
                                                                    • Golden fleece
                                                                      SBR Wise Guy
                                                                      • 09-25-18
                                                                      • 858

                                                                      #35
                                                                      Originally posted by JIBBBY
                                                                      Lot's of gloom and doom on this thread.. What's wrong with you people? Keep it positive!!! Corona is a bad flu we'll get over this!!

                                                                      my company will not

                                                                      been in business for 130 years

                                                                      piss will look good to everyone who didn't get in on bitcoin in 2023
                                                                      Comment
                                                                      SBR Contests
                                                                      Collapse
                                                                      Top-Rated US Sportsbooks
                                                                      Collapse
                                                                      Working...