Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates

Turveyd said:
I've produced loads there claiming 4.8% mortality rate, 6% in places, Italy is on 0.025% area currently and hopefully will stop around 0.05%. BIG Difference!!

It's in line with Flu, nobody cares about Flu deaths, nobody locks down and screws up there entire economy every year from the Flu and puts millions out of work.

Powers that be, have decided they can make more money from this madness so there pretending to care about the old and the snowflakes are scared for there own lives and pretending it's about the old people aswell.
More...

Show me one study that says Italy’s death rate is .025percent.
 
S2007S said:
I'm extremely bearish but damn I wouldn't even have predicted such numbers. I highly highly highly doubt the fed even allows this too happen. I'm sure once unemployment starts to really tick up the fed will announce a $5-$10 trillion dollar package deal. No way will they allow this since 70% of gdp is dumb consumer spending.
More...

this is where you, I and Dozuu agree , there will be more trillions thrown at this problem.

But will it work this time??? remains to be seen.
 
newwurldmn said:
Show me one study that says Italy’s death rate is .025percent.
More...

Currently, obviously its increasing, but really hope deaths don't double from here, cause there getting on top of and hopefully over the peak.

So.....


https://www.worldometers.info/coronavirus/country/italy/

Deaths today 13,115

Population 60.5Million.

13,115 / 60500000 = 0.0216%

Italy had it bad, over ran there health care sadly, so those are BAD numbers, ( USA will beat don't worry )

See MUCH smaller percentages than your being told, because there passing off, Deaths / Tested as mortality rate to scare the crap out of everyone, muppets.
 
Citi Analysts say by end of May 95% of us pop. could be tested on COVID, which means Corona could be over in June. Thats why the government is talking about 1-2 months of shut down only.
 
I feel bad for all the paycheck to paycheck honest hardworking people who are struggling, especially single moms/dads with kids to feed.

Many small businesses will fold and jobs won't return. Consumer behavior will be more housebound.

There will be a surge in homeless which is sad because it includes kids.

It's all like the Doors lyric "the future's uncertain and the end is always near"

Faster tracking a cure is essential
 
newwurldmn said:
Show me one study that says Italy’s death rate is .025percent.
More...

Arsee post went doh!!

Obviously the number is still going up, hopefully it won't double, there getting ontop of it and hopefully over the peak all data suggests.

https://www.worldometers.info/coronavirus/country/italy/

Deaths 13,155

Population 60,500,000

So maths a 8year can do......

13,155 / 60,500,000 = 0.0217%

That's a pretty damn small percentage to ruin your economy for, no where near the 4.8%'s there quoting, 200x's more and literally going to have to die, never going to happen ( I HOPE )
 
Snowflake / Lefty issue, they see 1 side of issue only, focus on that, and completely ignore the consequences, entirely 1 dimensional thinking, worse generation ever :(
 
The issue I see currently is that those who live paycheck to paycheck cant even collect unemployment because the system can't handle the volume. That needs to be addressed asap or it may cause real issues in the coming weeks. The next 2-3 weeks will be a life changer for many.
 
ElCubano said:
The issue I see currently is that those who live paycheck to paycheck cant even collect unemployment because the system can't handle the volume. That needs to be addressed asap or it may cause real issues in the coming weeks.
More...

Even if they can, if anything like the UK you go from a say £1200 average wage job which you can live on, to £320 per month, still 1 hell of a cut.

Thankfully I just day trade and do a bit of programming on the side or I'd be screwed to.
 
You must log in or register to reply here.
Back
Top