Brick In The Wall
2M Or Not 2B.
- Oct 30, 2019
- 25,158
All the people calling for this quarantine to continue have no idea what they're doing. While they're enjoying their time off from work and gubment handouts they're basically sowing the seeds of their own destruction. The impending economic apocalypse is going to vastly overshadow Coronavirus in many ways.
Global economies have never been more tied together then they are today. A collapse in one country can have devastating effects on many others. Most of the major global economies have been on the verge of collapse before this quarantine even began.
I used to trade a fair deal in stocks and even FORex at one point. Much of what drives the market is speculative guesswork. Major analysts can sway a market with just pure speculation, and they're all speculating on a depression of epic proportions that's never been seen before in human history.
Most depressions are caused by wallstreet and not main street. For the first time in history we're seeing a collapse on both wall and main street simultaneously.
We're already seeing a spike in suicide rates in many places from Corona. I think that spike is going to drastically increase as well once the economic effects finally hit home.
The first round of US stimulus checks was roughly the entire amount of US taxpayer money for the year. Now they're about to pass a second round of stimulus...where will this money come from? Oh, yea, it's all fiat and they'll just print it out!
I haven't seen anyone talking about this issue and everyone I know seems happy and complacent. Meanwhile the meteor is hurdling straight towards them and all of us collectively.
Sure it's going to be a "new" world when this quarantine ends alright...
Global economies have never been more tied together then they are today. A collapse in one country can have devastating effects on many others. Most of the major global economies have been on the verge of collapse before this quarantine even began.
I used to trade a fair deal in stocks and even FORex at one point. Much of what drives the market is speculative guesswork. Major analysts can sway a market with just pure speculation, and they're all speculating on a depression of epic proportions that's never been seen before in human history.
Most depressions are caused by wallstreet and not main street. For the first time in history we're seeing a collapse on both wall and main street simultaneously.
We're already seeing a spike in suicide rates in many places from Corona. I think that spike is going to drastically increase as well once the economic effects finally hit home.
The first round of US stimulus checks was roughly the entire amount of US taxpayer money for the year. Now they're about to pass a second round of stimulus...where will this money come from? Oh, yea, it's all fiat and they'll just print it out!
I haven't seen anyone talking about this issue and everyone I know seems happy and complacent. Meanwhile the meteor is hurdling straight towards them and all of us collectively.
Sure it's going to be a "new" world when this quarantine ends alright...