ES Journal - 2019/2020

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Who thinks the US will DEFAULT in the next 20 years? At the going rate, it would take at least 10 generations to pay off all this heaping debt.

 
schizo said:
Who thinks the US will DEFAULT in the next 20 years? At the going rate, it would take at least 10 generations to pay off all this heaping debt.
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Inflate the money to where a loaf of bread costs a trillion dollars and pay off the debt with lunch?
 
NQurious said:
Here is a graphic that shows the impact of this virus on American mortality day by day. It uses actual data, and it goes day by day and currently goes through 4/15 ... not looking like a peak yet.

https://public.flourish.studio/visu...m-VXoMHmuueYu-lN-QJ4feHE7K0tGYusHDm9OxFiy5CJs
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Flawed study, in many ways.

The truth is, the only thing that causes death is heart failure. What led up to that is ephemeral. It is like a trade.

The only thing that causes a loss is selling when the position is down.

You "die from COVID" the same way you die from pneumonia. What was the cause of the pneumonia? Jeez, could have been anything.

Did the Covid cause the heart disease, or did the Covid exacerbate the underlying condition? If so, what did you really die from? The Covid, or the underlying heart disease? I call bollocks on that animated .gif
 
Overnight said:
Flawed study, in many ways.

The truth is, the only thing that causes death is heart failure. What led up to that is ephemeral. It is like a trade.

The only thing that causes a loss is selling when the position is down.

You "die from COVID" the same way you die from pneumonia. What was the cause of the pneumonia? Jeez, could have been anything.

Did the Covid cause the heart disease, or did the Covid exacerbate the underlying condition? If so, what did you really die from? The Covid, or the underlying heart disease? I call bollocks on that animated .gif
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Geez, so if I were to drink a bottle of poison, am I to question if it was the actual poison or the existing condition that killed me? :rolleyes:
 
hafez50 said:
Overnight is correct. This is not about how many deaths the virus produces . This is a about life changing ways of life going forward. This is about many people scared to go to gyms, movie theaters,cruises,flying on planes, restaurants etc. Lets say 15% of people that used to work in offices now work from home. Tons of real estate will be on the mkt with no buyers. Many co's won't be hiring all the people back till they see if business comes back. We already had massive oversupply of so many business this will mean tons of company's not making it. The virus was just the catalyst to get the ball rolling .What this means for stock prices nobody knows. If true valuations are applied it means a min of a 50% correction . But wall street is Houdini at ignoring the facts so we might not fall a lot . But the guy on main street is going to feel big pain even if the guy on wall street doesn't
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The sky is falling !!!!


Keep betting against America and watch how much you lose when we touch 3320 SPX
 
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