We just witnessed the Biggest Drop in History
- Thread starter NY_HOOD
- Start date
Market doesnt care about the death count. Only cares about the economy. War is good for the economy even if millions die.
This virus is bad for the economy even if only a few thousand die.
This is definitely the media's fault. 100%. If we never knew about the coronavirus and half the world got it, I doubt anyone would notice that people are dying on this planet at a higher rate than usual. It wouldn't even be noticeable. People die right now at .8% per year (8 per 1000 population) The media has put people in a panic for no reason. They truly are the enemy of the people.
You wont the internet idiocy award for the day with that one. Obama took over at a cycle low and had a financial crisis that could be papered over with marked-to-market accounting, bank bailouts, TARP, ZIRP and endless rounds of QE. None of that does any good during a health pandemic. Obama would fare no better (most likely worse) with a health crisis that's full of uncertainty. It's not the number of deaths...it's the uncertainty from a health and financial perspective.
You got news derangement syndrome
Ban freedom of the press to get True freedom.
This is some orweillan doublespeak bullshit if I've ever seen it. Somewhere between getting mad at news pundits and trying to buy goods at the grocer you've lost your marbles.
You think if 1% of Earth population dies nobody would notice? BTW, CV mortality rate is 3-4%.
For many years we've all heard about the antics of the PPT.
Real, or just legend? If real, have they just given up?
PPT as described on this site is a myth. There was some talk yesterday about starting to buy equities and corporate bonds as a strategy; note the implication of that on previous years. The government doesn't own any corps beyond one offs like GM in 2009 and at that point it was almost worthless.
Some people on here believe all sorts of shit.
I don't want to revoke freedom the press, but 24/7 coverage on your phone (and everywhere else) is a problem. The other issue are clearly agenda-driven feeds and searches from FB, Google, etc. Again, I'm all for freedom of the press, but it's what we're stuck with for now. The masses will go to the same media sources and live in the same feedback loop echo chambers for a long time unless some really big lawsuits shake things up.
The fact that two pea brains "liked" your post makes me fear for the future...