That actually looks goodThey expect worse to be over by Q3.
Once the people get laid off Q2, they'll miss payments on those huge houses, student loans, and their cars. This is gonna get ugly.
Coronavirus Thread: Worldwide Pandemic
- Thread starter 88m3
- Start date
Once the people get laid off Q2, they'll miss payments on those huge houses, student loans, and their cars. This is gonna get ugly.
dora_da_destroyer
Master Baker
Ive decided that i no longer care
When you put it that way I Gotta get back into this
dora_da_destroyer
Master Baker
prisons, jails and the homeless...that's gonna be the wave that really sets this off
i'm also convinced this is going to affect low income neighborhoods more. my pharmacy is lightweight in the hood, and so many people are out and all types of businesses open. went to rockridge (bourgie part of oakland) to grab coffee (yes, coffee is open lol) and their merchants are all closed up. poor neighborhoods can't do without their stores, nor can the store owners weather a full shut down
i think Q3 will depend a lot on how Q2 turns out. if this curve doesnt get flattened it will look much worse
Have fun in a pandemic, brehs
...
KillerB88
Superstar
That actually looks good
TheDarceKnight
Veteran
might be smart. I can't stress about this daily for potentially 12-18 months. Might as well start now. I'll try to behave smart but not stress.Ive decided that i no longer care
Spidey Man
Superstar
Bout time the Navy sends those hospital ships in to help. They should have had those ships ready to go at least a week ago.
I said that 20% has no basis in reality. It came straight out of Trump’s ass. It’s consistent with his hyperbolic and dishonest tendencies.
They probably gave him the real estimates and he just said “Just tell them 20%”.
