2nd Great Depression: One week away from getting to the highest unemployment rate ever in America

Rarely-Wrong Liggins

Name another Liggins hot I'm just honest.
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Eh, I talk to people in that age group and they're ready to get out there with protections. I got fam still going to their jobs at the bank with a mask and gloves.

Those 55-60 year olds are willing to work cuz they got real bills. They also have pensions and other invetments they don't want to see evaporate right before retirement.

Travel industry is fukked. The problem is the medical community just doesn't have any answers. There is nothing definite. They tell you one thing today and another thing tomorrow. All they can tell you is to social distance. That is all stalling tactics. Bu at some point we gotta make a move and there is no move right now. People would be willing to go back to work, travel, etc if the medical community could provide other safe directives other than quarantining. That shyt isn't practical for a long period of time so we are all in a holding pattern.

Hence why prevention was so important but too many idiots in positions of leadership putting politics over actual common sense.

Much like third world and developing nations are more susceptible to certain diseases that have been almost eradicated in the west due to conditions mostly unique to impoverished nations, it is becoming clear that we will see public health crisis and disease that will be able to thrive in capitalist countries. There isn't an effective long term strategy in combating this virus that doesn't cause crippling economic and social issues.

What that means is until medical science can get ahead of the virus or a number of fundamental economic and societal changes are implemented (and I'm not talking about band-aids like social distancing), you must be prepared to accept certain amounts of sickness and death. Coronavirus isn't very unique, it's just that the arrogant west figured only poor and dark countries were vulnerable to having their circumstances expertly exploited by a disease.

This is the first. And it won't be the last.
 

the bossman

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Eh, I talk to people in that age group and they're ready to get out there with protections. I got fam still going to their jobs at the bank with a mask and gloves.

Those 55-60 year olds are willing to work cuz they got real bills. They also have pensions and other invetments they don't want to see evaporate right before retirement.
Of all the issues that will plague and slow an economic recovery, old people being scared to leave their house is not going to be near the top of the list.
Only time will tell. I definitely get the work to pay bills aspect. But I've talked to several folk in this demographic that are extremely cautious now that shyt has started hitting close to home. Much more reluctant to leave the house unless they absolutely have to (work, groceries, medicine, etc.). "I found out so-so at the office contracted the virus and ended up passing away 2 weeks later. I don't know if I'm ready to go back into the office even after lockdown is over". shyt hits entirely different when death from the virus happens within your circle


People would be willing to go back to work, travel, etc if the medical community could provide other safe directives other than quarantining.
Most of the hope right now outside of the creation of a vaccine seems to be getting to the point where everyone can get tested for antibodies. All eyes on Germany for now
 

BmoreGorilla

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Some of y’all are severely underestimating the stupidity of our population. Don’t get the rationale you see on the coli confused with how a lot of people really think. These folks are still out and about looking for ways to spend money. As soon as a few spots open up they’ll be there. Just look at how sales of liquor stores are up 20%. Most people aren’t reasonable. They’ll charge it to the game in a heartbeat if they don’t have the cash. People love to spend money they don’t have. Also look at these protests

If anybody is equipped to deal with hard times it’s black people. Many of us live by a different economy anyway. Yea shyt always hits us harder but this ain’t the first time. A lot of people are getting a wake up call which is why so many are panicking about opening the country back up. This is a moment in history. Most of us will make it. Some won’t. Some things will change. Some won’t. Some jobs will come back. Some won’t. I work for the state government so I guess my job is somewhat more secure than most considering what my actual job is. But I’m still concerned there may be a furlough in my future. It’s hard to predict what the outcome from this will be but the opportunity for a lot of good to happen as a result of this is there. I know it’s hard for a lot of people to see that in this very moment tho
 

SleezyBigSlim

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:lupe:


We need to figure out a way to be safe and let ppl work.

shyts about to get bad in America, foreclosures, homeless people, new shanty towns, bank runs.
And crime. shyts about to get real spooky :to:

Many of our people will be good tho because they don't have corporate jobs to loose and don't need to depend on the cac economy.
 
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mykey

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Qe saved the global economy. Have you studied money and banking or do u repeat what you hear in fox?
The global economy was saved? Are you barking mad, mate? The can was just kicked down the road and here we are again; global depression.
:francis:
the world economy is based on the dollar reserve. If other countries start to move away from that we’re done. But they’d go bankrupt to.

And I fully believe the US would go to war, before allowing that to happen
A 'growing club' of 'very powerful countries' is steering away from using the dollar
:ufdup:
 

bnew

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The U.S economy will suffer relatively more than any other first world country cause they don't want any form of UBI to pass. no consumer spending means fewer businesses survive and thats gonna mess up entire supply chains.

Canada's economy will stutter instead of collapsing cause they borrowed wisely against their future and any unemployed citizen can get $2000/month for 4 months.
signup takes 2 mins and 30 seconds apparently and he'll get his money in 3 days.

 

bnew

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Tell em you either wear the suit or you cant leave your house...

bruh, they not trying to hear that. armed protestors out in various states marching alongside other protesters holding signs saying "give me liberty, or give me death". The government isn't even handing out mask or gloves to the general public like spain and some other countries are doing, no way they'll handout costlier hazmat suits.
 

mykey

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articles like this have been posted every year for 40-50 years. The only way it’ll happen is if we lose world war 3
The countries that are decoupling from the US dollar have nuclear bombs as well. World War 3 my ass.
:umad:
 

Ya' Cousin Cleon

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Harvey World to Dallas, TX
:wow:

They had soup kitchens though.

"World's highest standard of living"
:francis:

images
 

Warren Moon

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The countries that are decoupling from the US dollar have nuclear bombs as well. World War 3 my ass.
:umad:

Soviet Union tried other and they had nukes.

Japan.

anti decoupling drives our war and ally Middle East strategy
 
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