Is there any way this doesn't lead to a depression

[Tommy Fits]

The global economy coming to a complete standstill, the markets are crashing, the job losses will be astronomical, small businesses across the country will go under, won't be surprised to see lots of big companies go under, everyone and their mother needing a bail out now,a the man leading us is a fukking retard. A recession seems like the absolute best case scenario

 

[ADevilYouKhow]

Nah, we’re cooked unfortunately. Even if they didn’t close businesses we might’ve been cooked but that’s just going to compound everything. Debt crisis on deck will spill into everything. If they keep small businesses and schools shut past a month we’re in an unprecedented situation that I don’t see a way out of

 

[acri1]

The 2020s are going to be ugly.

Not only due to the economy being fukked, but this is also the decade where climate change is going to really start getting bad.

 

[the cac mamba]

i cant even lie, im still trying to process the fact that we're committing economic suicide to this degree

im not saying we shouldnt, i can stay in my apartment for a couple months. but jesus fukkin christ this is insane


and people are gonna stop going along with it after a month or two

 

[NkrumahWasRight Is Wrong]

 

[dtownreppin214]

The 2020s are going to be ugly.

Not only due to the economy being fukked, but this is also the decade where climate change is going to really start getting bad.

Don't forget automation going into overdrive.

 

[tjax03]

The fact there is a 1 trillion dollar handout in the works that was not even thought of two months ago shows that this is a big problem

Then on top of that the airlines gonna want 50 bill and who knows who else is going to need a bailout.


All because of a bat and a pangolin

 

[Loose]

Man i cleaned out my garage so i can use my weight set this whole this is fukking depressing. People losing jobs vacations cancelled i gotra wfh every single day

 

[dora_da_destroyer]

i cant even lie, im still trying to process the fact that we're committing economic suicide to this degree

im not saying we shouldnt, i can stay in my apartment for a couple months. but jesus fukkin christ this is insane


and people are gonna stop going along with it after a month or two

You mean a week or two. It’s about to be april, temps are warming up. America isn’t staying inside when the weather turns


Also, why can’t the world just collectively decide to wipe coronavirus debt off the balance sheet of every country?

 

[dora_da_destroyer]

Man i cleaned out my garage so i can use my weight set this whole this is fukking depressing. People losing jobs vacations cancelled i gotra wfh every single day

I went from a travel slate that had me hitting seven countries this year to not knowing if I can even fly to NY or ATL to visit friends.

 

[GzUp]

Will the cost of housing go down?

 

[Regular_P]

Will the cost of housing go down?

I feel for anyone who bought a home recently. These prices are about to dip something fierce.

 

[GzUp]

I feel for anyone who bought a home recently. These prices are about to dip something fierce.

Like how much?

 

[Regular_P]

Like how much?

Dunno but I'd be surprised if it's not a major drop; maybe half? Majority of people probably will not be working for the foreseeable future. Who the hell is gonna be able to buy in the near future for these ridiculous prices?

 

[Hahahaha]

Dunno but I'd be surprised if it's not a major drop; maybe half? Majority of people probably will not be working for the foreseeable future. Who the hell is gonna be able to buy in the near future for these ridiculous prices?

May take a bit of time to impact salary-type jobs who are the ones buying homes. I think the other big factor is the amount of deaths.