The Dow election rally climbed 4,000 points in 7 days, sure even a moderate correction could take out 4k points - or 7 days of gains.
If Biden Shuts Down Economy: 4,000 Point Drop in Dow Jones
- Thread starter bone
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The Dow election rally climbed 4,000 points in 7 days, sure even a moderate correction could take out 4k points - or 7 days of gains.
They would do it after hours.
So Asia/Euro traders would get to crush the news as usual while U.S. traders and citizens wake up to massive paper losses
Boris Johnson landed in ICU due to COVID-19 and his herd immunity dream shattered. There are those who can avoid the risk of getting COVID-19 and those who cannot. Those who cannot because they need to make a living. Those who can and choose not to. So, lock down is the solution. Vaccine is the ultimate hope. Which is more important? Money or life ?
I'd have to say money is way more important.
When you do not have life, you do not know it.
When you do not have money, you know it quite acutely, "living" homeless in a box.
I have no argument with your health premise. None.
The problem here in the United States is that State and Federal legislators make laws, not Presidents and Governors.
We have a separation of powers structure in our democracy and that is established in our Constitution.
If Joe Biden wants to lock down the US economy and suspend certain Constitutional Rights he should ask the Congress to make appropriate law.
The problem here in the United States is that State and Federal legislators make laws, not Presidents and Governors.
We have a separation of powers structure in our democracy and that is established in our Constitution.
If Joe Biden wants to lock down the US economy and suspend certain Constitutional Rights he should ask the Congress to make appropriate law.
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But why, this is why I don't want lefties in charge, no logic, all emotion, most US States have peaked and have low and decreasing deaths, lockdowns only slow the spread, but 4 week lag in deaths and in 4weeks deaths will be 50% area to what they are now anyway, so 4 - 6 weeks, will add 7-10days onto the spread if it's pretty hard, ie finished later that's all, at great cost.
But playing to a over scared public from a massive fear campaign for the media
UK did a very soft and pointless lockdown 4weeks, so weak slow spread 2 - 3 days at best and they did it right after the Peak with R rate at 0.85, wonder why 1 MP's got the sack today, it'll be all his fault ofcourse.
But playing to a over scared public from a massive fear campaign for the media
UK did a very soft and pointless lockdown 4weeks, so weak slow spread 2 - 3 days at best and they did it right after the Peak with R rate at 0.85, wonder why 1 MP's got the sack today, it'll be all his fault ofcourse.
Herd immunity isn't shattered, the none shielding group have Herd immunity 95%+ infected, it's just going around the previously shielding group which are the at risk people hence quantity of deaths, by xmas we'll be 99%+ entire country.
Vaccine if I'm right, and I'm right simply isn't needed, so why keep pushing it, there is no logic in this at all.
Money is Life, take away the Money and millions of lives become shit and barely worth living, which is what's happened, UK for a 7-8% increase in yearly deaths, which without lockdowns it would of been anyway.
New York, no shielding program for the at risk and not even a hint of a 2nd wave.