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Are we still on track for economic collapse?

A few of my neighbors told me "we'll be absolutely fine. It's not going to happen because it's July already." I stood there confused and thinking WTF?

by Anonymousreply 19Last Monday at 3:57 PM

Nope. Its a free-market economy...some businesses will survive, some won't; new ones will spring-up to take their place and absorb the workforce. It will take a decade to recover, but we won't collapse.

by Anonymousreply 106/28/2020

Well if you fucking Americans hadn't ignored Covid 19 precautions the markets would be returning to some state of normal by now But everyday most of your states keep breaking COVID 19 records and the markets are tumbling accordingly. Masks and social distancing...that ALL you bastards had to do....BUT NOoooooooooo.

by Anonymousreply 206/28/2020

Did they drink Lysol too?

by Anonymousreply 306/28/2020

Oh, kiss my star spangled ding dong, R2.

Offsite Link
by Anonymousreply 406/28/2020

R2 You're pretty much preaching to the choir here. Rant to the fucktard-in-chief and the Republican governors who ignored all the early warnings and killed thousands of people

by Anonymousreply 506/28/2020

Yes. $600/week unemployment runs out in one month. When millions default on mortgages and don’t pay rent/car/credit cards shit will hit every fan.

by Anonymousreply 606/28/2020

OP, the extra $600 per week the federal government is throwing in, only goes thru July 31. This only kicked the unimaginable down the road a bit.

by Anonymousreply 706/28/2020

So by the end of the year we'll be shit.

by Anonymousreply 806/28/2020

[quote] So by the end of the year we'll be shit.

Yep. It will be a tsunami. Right now we are scratching our heads wondering why the water is receding from the shore.

by Anonymousreply 906/28/2020

Good way of putting it, r9.

by Anonymousreply 1006/28/2020

.............

by Anonymousreply 11Last Monday at 9:37 AM

How did it happen again? Bailouts went to the top while individuals get screwed.

How did this happen? AGAIN?

Why aren’t people more outraged by this?

by Anonymousreply 12Last Monday at 9:39 AM

Well r12, ADD OCD Americans focus is never on the people in power {1% / the rich.} It's always the consequences of the rich and powerful that is the focus or dumb moronic Americans. It's exactly what the 1% wants.

by Anonymousreply 13Last Monday at 10:08 AM

Yikes

by Anonymousreply 14Last Monday at 12:23 PM

Hopefully since people are angry they’ll actually overthrow those in power

by Anonymousreply 15Last Monday at 12:24 PM

[Quote] Hopefully since people are angry they’ll actually overthrow those in power

No. Not in the US. We are lazy.

by Anonymousreply 16Last Monday at 1:55 PM

Americans don’t attack the super-rich because thanks to reality TV they worship them and due to the Lottery think they’ll be as rich as them one day.

by Anonymousreply 17Last Monday at 2:04 PM

Warren Buffet not only sold his airline stocks, but he also sold his bank stocks. Scary!

by Anonymousreply 18Last Monday at 3:33 PM

I think the economic collapse is still coming. I don’t know how the government can prop up 25% of the population for long. The biggest unknown is if/when better treatment is available and a vaccine. A vaccine will really boost things, but I think that’s still a year away.

by Anonymousreply 19Last Monday at 3:57 PM
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