Corvid-19 is putting the World in Free Fall...

[jgoodguy]

the stock markets are necessary, but not as focused and BJed as at the moment

In the US they are mostly for the upper classes and are abused IMHO a lot.

 

[Wehrkraftzersetzer]

In the US they are mostly for the upper classes and are abused IMHO a lot.

stock markets for the lower classes or as retiring source for anybody are simply idiotic, money in the stock markets is monoply money (at best)
money You don't need, not money You need for Your retirement

 

[rittmeister]

stock markets for the lower classes or as retiring source for anybody are simply idiotic, money in the stock markets is monoply money (at best)
money You don't need, not money You need for Your retirement

again: nonsense

 

[jgoodguy]

As I understand it, there are 3 main phases of a business expansion.

The first happens after A recission and capital goods are bought with current resources.
The second happens after a while when capital goods are bought on credit where current income covers the payment.
The third happens when capital goods are bought on speculation that the buyer cannot pay the payment in whole and depends on a greater fool to buy it yielding a profit.
Then things to go hell, buyers go away, sellers have to sell at a loss or bankrupt.
Market crashes and liquidity drys up because banks are not sure of getting paid. Normal companies cannot meet payroll or buy raw materials because the banks are not lending and thing grind to a halt.

The fed will lend money to banks to kick start them, buy government securities at a discount from whoever putting cash into the economy. The sellers get a hair cut as an object lesson. And things get off zero. Cash gets into the system, payrolls get paid, raw materials get bought and yes folks buy stocks which slows or stops the crash.

 

[Kirk's Raider's]

then jail them for manipulating

Then Trump will pardon them for a nominal fee.
Kirk's Raiders

 

[5fish]

again: nonsense

You must be a true believer in the so call market. It exists and a select few reap a fortune from it , some get a good retirement from it, and others lose their wealth... I have notice when the select few lose money our government runs to ensure they get it back...

It seems ok if the mass of no buddies lossing their wealth daily , weekly and ect... its okay but when that select few lose money the world gaps...

 

[Kirk's Raider's]

Today's Political Wire has lot of good articles on CV19. CNN has a good list of Trump lies on CV19 and his now about face.
Kirk's Raiders

 

[5fish]

Here is one worst case for our economy.... I think they are being nice....

COVID-19’s Worst Case? 10.6% Jobless Rate, $1.5 Trillion GDP Drop

Economists are comparing the COVID-19 Collapse to the Great Recession. But some are surprisingly optimistic about when the recovery will begin.

www.google.com

 

[5fish]

Can not forget the economics....



"Act fast and do whatever it takes’ say leading economists
Leading economists from around the world are calling for radical action to fight the economic fallout and blunt both the health impact and economic impact of the virus. In an eBook from the Centre for Economic Policy Research (CEPR), they urged governments to act quickly and consider a range of out-of-the box measures, including:

• ‘Helicopter money,’ where everyone gets a no-strings-attached handout.
• Eurozone countries issuing debt together rather than individually.
• State investment banks providing unlimited emergency lending to firms.

“This is the time to bring out the big artillery; this is not a time to be timid, but to do whatever it takes, fast,” they write. Read more here.

UK locks down as global confirmed cases pass 380,000 - Today's coronavirus updates

The UK imposes new restrictions on everyday life as economists push for aggressive moves to slow COVID-19's economic impact.

www.weforum.org

 

[5fish]

Here is a visual history of pandemics....

A visual history of pandemics

As humans have spread across the world, so have infectious diseases.

www.weforum.org

 

[5fish]

There is a modcast that reads newspaper articles from 1918 flu pandemic ... One article from each day of the year... You will see the same patterns we serve today blame game, conspiracies, false cures, and ect... Link to NPR...

'We Haven't Learned From History': 'Radio Influenza' Is A Warning From 1918

Computerized voices read newspaper stories from the 1918 flu pandemic in this haunting audio project. "I wanted it to sound like a broadcast from a dystopian future," says artist Jordan Baseman.

www.npr.org

 

[5fish]

Here is the site radio influenza

Archive - Radio Influenza

Explore Radio Influenza's archive month by month and day by day as the deadly influenza rages across the globe.

radioinfluenza.org