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Fed Chair Powell says U.S. economy deteriorating with alarming speed

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Comments

  • Swaye
    Swaye Moderator, Swaye's Wigwam Posts: 41,743 Founders Club
    If this goes until July we are well and truly fucked. And Biden hobbles, drooling, into the Presidency.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,864 Standard Supporter
    edited April 2020
    Swaye said:

    If this goes until July we are well and truly fucked. And Biden hobbles, drooling, into the Presidency.

    If this goes into July, there won't be any Presidency.

    Not kidding. People need to eat. They start doing bad shit. The boys at the club are already whispering about a rise in property crimes due to businesses being vacant. Not being reported in the media.





  • Swaye
    Swaye Moderator, Swaye's Wigwam Posts: 41,743 Founders Club

    Swaye said:

    If this goes until July we are well and truly fucked. And Biden hobbles, drooling, into the Presidency.

    If Trump could stop trotting out to his daily briefing and making shit up on the fly and generally looking clueless he'd wrap this shit up with ease. Polling has started to drop off in the last couple weeks, but he was actually getting the "wartime president" boost. And then of course he got side tracked and proceeded to undo that goodwill by being himself.
    Lots of truth in this. Trump is often his own worst enemy
  • MikeDamone
    MikeDamone Member Posts: 37,781
    But if it saves one life...
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,123 Founders Club
    Those videos of Trump warning against panicking and ruining the economy will really hurt him
  • ramenduck
    ramenduck Member Posts: 734

    Swaye said:

    If this goes until July we are well and truly fucked. And Biden hobbles, drooling, into the Presidency.

    If this goes into July, there won't be any Presidency.

    Not kidding. People need to eat. They start doing bad shit. The boys at the club are already whispering about a rise in property crimes due to businesses being vacant. Not being reported in the media.





    This.

    There will be a subset of the population who have never had to even imagine stealing to get food before, who will have to evaluate that choice. Paycheck-to-paycheck folks with no savings, not credit cards, no money coming in, and mouths to feed. Could be a scary time if the relative pittance from the gubmet isn't on its way soon.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,864 Standard Supporter
    ramenduck said:

    Swaye said:

    If this goes until July we are well and truly fucked. And Biden hobbles, drooling, into the Presidency.

    If this goes into July, there won't be any Presidency.

    Not kidding. People need to eat. They start doing bad shit. The boys at the club are already whispering about a rise in property crimes due to businesses being vacant. Not being reported in the media.





    This.

    There will be a subset of the population who have never had to even imagine stealing to get food before, who will have to evaluate that choice. Paycheck-to-paycheck folks with no savings, not credit cards, no money coming in, and mouths to feed. Could be a scary time if the relative pittance from the gubmet isn't on its way soon.
    Guess what happens when you let criminals out of jails to avoid the COVID?

    They go back to being criminals.

    And then the hungry people turn into criminals too.

    Basic hierarchy of needs shit.

  • Kaepsknee
    Kaepsknee Member Posts: 14,919
    edited April 2020
    Swaye said:

    If this goes until May July we are well and truly fucked. And ClintonBiden hobbles, drooling, into the Presidency.

    The time is now. Or should I say Monday April 13th for Trump to start listing states and/or areas which He feels should reopen their economies and put the pressure on the Governors to do so.

    Unfortunately Washington damnit! isn't one of them yet.