View Single Post
Old 03-26-2020, 05:13 AM   #4281
ChiliConCarnage ChiliConCarnage is offline
TACO SALAD
 
ChiliConCarnage's Avatar
 

Join Date: Apr 2008
Location: yes
Casino cash: $18568
Quote:
Originally Posted by Buehler445 View Post
So I could be all the way wrong, but Iíve heard an awful lot of noise and Iíll probably look at projections of 30% unemployment with a bit of skepticism. Iím not trying to be a dickhead, but 30% seems pretty wild with unemployment where we are now and other than Boeing and some cruise lines, there isnít anything I see that is unreasonably unhealthy.
The 30% number was quoted by the Treasury Secretary if Congress did nothing. Itís a high number pulled out of his ass to put pressure on Congress to get something done.

It looks like we have a plan but I think we'll still see a lot of unhealthy companies collapse. 4 mortgage REITs defaulted a few days back. They aren't going to be able to give every restaurant, cinema, etc. shut down right now a loan. Winsteads went under recently

It'll be interesting to see, will people go right back to the movies or other activities the moment this ends? I'm not so sure. Though, I think it helps kids aren't as susceptible from a fear perspective.
Posts: 4,277
ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.ChiliConCarnage is too fat/Omaha.
    Reply With Quote