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Everything posted by Happy Panther
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No I disagree with his idea 100%. But his stats may be right.
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I'm not sure he is wrong. All the stats I can find capture the 10-19 range. And the only country i can find who have deaths in that range is China. Maybe you have different sources.
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Olympics postponed...
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Virginia schools are now closed for the school year.
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So it looks like China may be recovering. This will be big for an economic recovery. Of course China needs other countries to which to sell. But a China recovery could keep the market afloat.
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DOJ have asked congress to suspend Habeus Corpus.They won't of course.
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I mean yesterday his DOJ tried to suspend habeus corpus.
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Seems like something other sports could do.
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Probably. The good news is we know how to handle economic downturns. The second biggest one happened a little over a decade ago. Stimulus and bailouts help. And we need individual and small business help as well. All parties tend to agree to increase the debt in times like these. But the way to make this a two month rather than 12 month downturn is to do what the experts are saying. /skips political rant/ As far as your local taco shop boarding up. That sucks and will happen. If you have a few bucks get delivery or curbside pickup from your local shop. If you have more than a few bucks buy gift cards. Look for local charity too. And if you have lots of bucks buy equities and keep buying.
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We are proving in real time that isolation and shutting things down is the way to battle this. China did it and is recovering quickly. No new cases today. Really smart people are telling me this is the solution. So I am isolated. That's not panic it's common sense. The economy will recover.
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https://www.espn.com/nfl/story/_/id/28927076/sources-nfl-teams-put-coronavirus-clauses-deals NFL teams put coronavirus clauses in deals
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We will print the money just like we did in 2008/9. It is crazy that Romney is suggesting this. Relax.
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We did put cash in the hands of low income folks. Romney is already pushing for cutting a check to every family. Which is crazy.
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It's not theory. It is what is happening all over the world. It is being observed as we speak.
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Food supply is an essential service that would not be interrupted.
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Bought today. If the market is down again tomorrow I will buy something. Basically buying at 1,000 point intervals of the dow.
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We agree. Lock it down and then prop it up with stimulus. If this were in political I would have some more caustic comments.
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Maybe but I would bet against it. Once there is any sign of recovery we will need a huge stimulus package. In many countries like in 2008 and later. We have to prop up airlines, create a small business packages an maybe send everybody $1,000. The underlying economic data has been very strong. And we have fixed most of what caused the great recession in 2008. Many were predicting a natural correction in the market and we certainly got one. This seems like it would be more of a V shaped recovery based on the economy overall. But I can't predict anything in the market. I'm buying equities all the way down and hopefully more equities when the recovery comes will pay off. If we are under quarantine until November you might be right.
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I had a small supply. Wanted a bigger one lol.
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Somebody suggested the federal government can't mandate a quarantine. But my google seems to say it can through the CDC. https://www.cdc.gov/quarantine/aboutlawsregulationsquarantineisolation.html Hopefully someone smarter than me can clear this up.