Official Coronavirus Economic Thread đŸ’±

Well that’s just wrong. Trump has made sure that all these cash dispersements have HIS name on them


I was at Walmart today in my area; and there was protests going on in front. And near the store entrance. Protesting for better work atmosphere. As well, as getting other employees to “wear masks”. Apparently, it has not been enforced in all of the Walmarts (that I am aware of).
I always wear a mask when I am out and about. But I see about 30-40% of the general public going inside the store(s) not wearing one. So, it’s just not the some of the employees that aren’t wearing them.
I don’t always shop inside Walmart - I do mostly online and pick my stuff up. But today, I had to run errands and get some meds.

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They’re lucky to have jobs. There are a lot of Americans who don’t.

We ask that customers coming into our showroom immediately hand sanitize and put on a mask. If they haven’t brought one with them, we provide them with one. The masks we provide have both copper and silver embedded in the threads.

Some that came in today wouldn’t wear one. I’m actually okay with that as the PPM of the virus can get right through a mask. I think it is more psychological than it is protective.

Wash your hands, don’t go out if you’re sick. Don’t touch your face.

They are lucky to have jobs, because it was just a few that were even allowed to stay open throughout the pandemic. While small businesses had no choice - due to the Governor’s arrogant lockdown in place - but to close and remain closed. Some in which, some here have folded. And will never open again.

If they were open and folded due to restrictions then there was demand.

Demand will be replaced as others step in and will employ people. Business is like water: it finds its own level.

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Some small businesses just started reopening here a week ago. But the ones who tried to reopen; could not because, the demand was not high. They were the ones who had to abide the Governor’s lockdown rule. Which meant, they could not open during the lockdown.

Exactly, Americans are not going to return to businesses and routine life without feeling safe. Businesses may open, but the traffic won’t be what it was pre Covid until people feel safe about it


And that needs to be about them. Personal responsibility and common sense is in order.

As I said: in my business it is mandatory that customers hand sanitize and wear a mask. I provide them with one if they don’t have one.

If they don’t want to do that, it is fine with me. They can leave.

They are a guest in my establishment and I have employees to protect.

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Exactly, one of the chief offenders


This is a economic thread stop trying to derail it with your obvious trolling!

Most retailers have placed limits


Well they’d better make hay while the sun shines because there’s bound to be ‘a second wave’ - then a third, then a fourth - or so we’ll be told. but who the hell would know if they were true or not??

When it comes to trade between the US and China, what Trump said is pretty staggering.

More in depth analysis about the decoupling with China and to remove all things China in the US supply chain!

The real existential threat to the United States isn’t what’s in the bill or anything else we’ve discussed. The real threat arises if we DO NOT crumble as a result. If the American spirit, our drive to recover, and the Grace of God allows us to make it through all of these bailouts without tangible repercussions, then Modern Monetary Theory will have been falsely proven to be effective. At that point, the end of America will begin.

There are many perspectives about what Modern Monetary Theory really is, but the worst perspective is the one shared by a majority of Americans. It’s the perspective of ignorance to the concept at all. Now is not the time to dive into definitions or debate nuances. Instead, let’s explain it in layman’s terms, which is easy considering our current situation. With Modern Monetary Theory, the government essentially prints whatever money it needs in order to pay for whatever programs it wants. That’s what’s happening with these coronavirus bailouts as we spend money that never actually existed.

Modern Monetary Theory plays on the common perception that the U.S. government can simply make more money at will. This is untrue, of course, but many Americans see it as plausible based either on ignorance or the radical ideologies taught to them by far-left economists in America’s indoctrination centers, also known as college campuses. But there are huge consequences to such policies, especially for the nation that is barely clinging to its status as having the world reserve currency. In the not-so-long term, Modern Monetary Theory will take that status away, at which point the dilapidated pillars propping up our economy despite having such tremendous debt will crumble. The economy, as weak as it currently is with the coronavirus crisis, will falter much more, making those $1200 checks from the government practically worthless.

But it won’t happen overnight. It would almost be better if it did. But since adoption of Modern Monetary Theory in a post-coronavirus world would lead to questions from other nations and the formation of a plan to replace the dollar as the world reserve currency, the process will take months. It likely won’t take years, but if we start using the coronavirus as the case study for how to operate our economy and government, the questions and plans from foreign leaders and world banks will certainly happen. That’s when the real danger begins.

If we don not collapse from the huge coronavirus bailouts, the far-left will call for more of the same. They’ll say that if we can spend the money on the coronavirus without completely destroying ourselves, why aren’t we doing the same thing to end homelessness? Why are there still people living in poverty? Why are children going hungry? Most importantly, they’ll ask why we’re not facing the “existential threat” of climate change by throwing trillions of dollars at it? They’ll say, “100,000 Americans died from the coronavirus and we spent $X trillion on it. Climate change will kill 100,000,000 Americans if we don’t act even more aggressively now!”

The biggest threat to our nation is if government grows accustomed to throwing trillions of dollars at our problems and Americans remain too complacent to stop it.