Corona Cash Cometh

clacy said:
All major CB's and treasuries are going to take similar measures. It doesn't change currencies that much if everyone has to take the same medicine.
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I thought of that as well but not all CBs are going this far.
 
Amun Ra said:
I promise you one thing...We may be in the shit storm right now, but the US will do way better than the rest of the world because we can buy our way out of this.

I worry more for the people in other countries that have no stimulus and are just going to have their own massive unemployment.

Yeah, our money gets devalued a little, but the trade off is we get out of this recession 10x faster than everybody else.

If people have no money to buy anything, there can be no businesses to sell them anything which means nobody to hire them which means long term unemployment. It's a downward spiral. Trump, the republicans AND the democrats have come together to make sure we spiral upwards.

This baby belongs to all of us now.
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Doubtful. I'm seeing way more panic and desperation in the US. You can't buy yourself out of this one. China is already recovering but US is still in early stages. The numbers will be really bad as the health of Americans is terrible for a first world country.
 
d08 said:
Doubtful. I'm seeing way more panic and desperation in the US. You can't buy yourself out of this one. China is already recovering but US is still in early stages. The numbers will be really bad as the health of Americans is terrible for a first world country.
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Proof that china is recovering?
 
d08 said:
Beijing was opened to travelers from Wuhan today. Transportation is back on, cities opening up.
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That doesn't mean anything. Just China doesn't want to take anymore of an economic hit and basically saying "eff these old people, they're gonna die anyway"
 
Amun Ra said:
That doesn't mean anything. Just China doesn't want to take anymore of an economic hit and basically saying "eff these old people, they're gonna die anyway"
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proof that china is saying that and not actually on the back side of CV?
 
Amun Ra said:
It shows quite clearly the cultural mentality of the Chinese.
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yea China is fucked up for sure...but that is in no way proof that they aren't experiencing some improvement related to the virus. If China was still in terrible shape after handling it with such force wtf does that mean for America? America r fuk?
 
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