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Thread: 'D' word rears head as coronavirus-hit markets brace for recession

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    Default 'D' word rears head as coronavirus-hit markets brace for recession

    "NEW YORK (Reuters) - The coronavirus shockwaves rippling through U.S. stocks are forcing investors to contemplate outcomes more dire than a recession, including several quarters of declining economic activity, a credit crisis or even a depression."
    https://www.reuters.com/article/uk-h...-idUSKBN2140IA

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    why would Demmycrat be any worse of a word today than it was yesterday......
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

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    Quote Originally Posted by Jack View Post
    "NEW YORK (Reuters) - The coronavirus shockwaves rippling through U.S. stocks are forcing investors to contemplate outcomes more dire than a recession, including several quarters of declining economic activity, a credit crisis or even a depression."
    https://www.reuters.com/article/uk-h...-idUSKBN2140IA
    This Democratic hoax is going to have a devastating effect, on every walks of life in our country.

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    How foolish it was to disregard this and try to pretend it was a hoax.

    And you know the spinners will never learn, never stop.

    Now that we are taking drastic measures, and if they have the hoped-for effect of reducing deaths by flattening the curve, the spinners will claim:

    "See? We told you it wasn't as bad as the flu. Thanks to the liberal media we went into an unnecessary economic shut down and recession."
    Personal Ignore Policy PIP: I like civil discourse. I will give you all the respect in the world if you respect me. Mouth off to me, or express overt racism, you will be PERMANENTLY Ignore Listed. Zero tolerance. No exceptions. I'll never read a word you write, even if quoted by another, nor respond to you, nor participate in your threads. ... Ignore the shallow. Cherish the thoughtful. Long Live Civil Discourse, Mutual Respect, and Good Debate! ps: Feel free to adopt my PIP. It works well.

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    Quote Originally Posted by Trumpet View Post
    This Democratic hoax is going to have a devastating effect, on every walks of life in our country.
    Yeah. Some are comparing it to 1929. The Talk of 'Recession' is now turning into Talk of 'Depression'. Because of this self-imposed 'quarantine in place', unemployment is going to skyrocket.
    The Economy is grinding to a halt. Unless some Vaccine comes along, this could last LONGER than a few months. (I'm becoming a little nervous)

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    Quote Originally Posted by PoliTalker View Post
    How foolish it was to disregard this and try to pretend it was a hoax.

    And you know the spinners will never learn, never stop.

    Now that we are taking drastic measures, and if they have the hoped-for effect of reducing deaths by flattening the curve, the spinners will claim:

    "See? We told you it wasn't as bad as the flu. Thanks to the liberal media we went into an unnecessary economic shut down and recession."


    Unfortunately, there are plenty of uncritical thinking people out there to believe this tripe.

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    Quote Originally Posted by Jack View Post
    Yeah. Some are comparing it to 1929. The Talk of 'Recession' is now turning into Talk of 'Depression'. Because of this self-imposed 'quarantine in place', unemployment is going to skyrocket.
    The Economy is grinding to a halt. Unless some Vaccine comes along, this could last LONGER than a few months. (I'm becoming a little nervous)
    Jack, I share your view.

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    Quote Originally Posted by Jack View Post
    Yeah. Some are comparing it to 1929. The Talk of 'Recession' is now turning into Talk of 'Depression'. Because of this self-imposed 'quarantine in place', unemployment is going to skyrocket.
    The Economy is grinding to a halt. Unless some Vaccine comes along, this could last LONGER than a few months. (I'm becoming a little nervous)
    So have you "given up"?

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    I wonder, quite seriously, in what form capitalism can possibly survive this mess, and, given the long destruction of coherent opposition, suspect that we may all end up with African-style corrupt military dictatorships.

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    Quote Originally Posted by TOP View Post
    So have you "given up"?
    Almost.

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    Quote Originally Posted by Penderyn View Post
    I wonder, quite seriously, in what form capitalism can possibly survive this mess, and, given the long destruction of coherent opposition, suspect that we may all end up with African-style corrupt military dictatorships.
    Automation. Machines don't get sick. The Worker Drones are expendable. (For all we know, this is a planned kill-off)

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    Quote Originally Posted by Jack View Post
    Almost.
    I don't believe you

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    Recession, yes; possibly Depression.
    Russian trolls and their supporters go on Ignore, automatically: no second chance.


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    Quote Originally Posted by TOP View Post
    I don't believe you
    I'm beginning to get nervous we may be in this for a long haul, and that green dollars may be more valuable than a bunch of 'paper'.

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    Quote Originally Posted by Jack View Post
    I'm beginning to get nervous we may be in this for a long haul, and that green dollars may be more valuable than a bunch of 'paper'.
    Well, try not to worry...take care of yourself and your family...and, of course, we'll always have each other
    Though I do see a few here MIA....now that is worrisome....

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