Blood on the street II

[charliebrown]

Now every monger will be George Hamilton.

Some of us might start looking like like Morgan Freeman.

 

[redhothotrod]

I don't think it is all about age.

Those who went through difficult, we expected loss of job, people, or major parts of their lives are most likely to decide they don't want to go through that again. The more they are hurt, the more likely, and more significantly they will change in some way(s).

People will not stop traveling, but how & where will likely change.

People who never did things on line before, have discovered it IS possible, and besides the safety issue there is a major time savings. A lady staying with me during this has decided she is making major changes to how she does her business because she estimates on-lineing a lot of it will free 10 hrs a week. Other businesses that never bought into remote work are seeing it can work in many cases.

That may allow a LOT of people to escape the big cities for better cost of living, climate, etc. so we may see some de-urbanization.

Nursing schools are seeing a lot of student questioning if they want to return to nusing--they never factored in the life threatening issues of the career.

Where these will go, I have no idea.

no more birthday cakes for a while..thats for sure !

 

[East Lake II]

They think the economy will come roaring back due to all the pent up demand. There is plenty of pent up demand but not for what they think.

 

[East Lake II]

Looks like a new twist in the disease as 64 children in NY have come coronavirus-linked inflammatory disease.

 

[krideynyc]

They think the economy will come roaring back due to all the pent up demand. There is plenty of pent up demand but not for what they think.

I’m more cautious of my spending now, because I suspect a second surge to happen. And with it, another potential lockdown. I don’t see spending level increasing enough to help the economy recover, until after that second surge.

 

[TGBeldin]

Looks like a new twist in the disease as 64 children in NY have come coronavirus-linked inflammatory disease.

It continues to show that we understand less about itthan we keep thinking we do.

And the answer is far more complicated than locking up the octogenarians and everyone else pretend it isn't really happening.

 

[Bricktop]

I can’t ever disassociate “gold standard” from William Jennings Bryan, not can I disassociate WJB from his position in the scopes monkey trial...which

I do declare.

 

[charliebrown]

At this point, his crystal ball is about as cloudy as most others. Maybe he's right, maybe he's not.

If it wasn't so serious an issue I would find it laughable that the people who tell everyone not to panic about the virus, are all gloom & doom about the economy. Those who say the economy will be fine tend to be dire about the virus.

What a shock: which side most people are supporting tracks very, very closely with their politics.

(Let the nay-sayers of both types commence their arguments! Again.)

TG you can have a catastrophic covid outcome and have a good economic outlook at the same time.

There are three outcomes for this virus.

A second wave hits a clears out the senior citizen population. Very hard emotionally but amazing long term outcome for the economy.
The virus subsides in summer and does not come back in the fall or China profits amazingly well off of the vaccine they created. Very good emotionally and economically.
The virus just sticks around enough to cause a constant mild pain emotionally, fear in the public and constant drain on commerce. If this happens, we are in for a two quarters of recession to get used to the new norm and then quarter after quarter of slow growth until a vaccine or general knowledge and acceptance of this occurs.

 

[TGBeldin]

TG you can have a catastrophic covid outcome and have a good economic outlook at the same time.

There are three outcomes for this virus.

A second wave hits a clears out the senior citizen population. Very hard emotionally but amazing long term outcome for the economy.
The virus subsides in summer and does not come back in the fall or China profits amazingly well off of the vaccine they created. Very good emotionally and economically.
The virus just sticks around enough to cause a constant mild pain emotionally, fear in the public and constant drain on commerce. If this happens, we are in for a two quarters of recession to get used to the new norm and then quarter after quarter of slow growth until a vaccine or general knowledge and acceptance of this occurs.

I suspect there are more possibilities we have not even considered or thought of yet.

 

[VJLUTZ]

Excellent quote: "Cookie cutter advice is the devil."

https://video.foxnews.com/v/6155543887001#sp=show-clips

 

[njlefty]

China is reporting new clusters of cases.

We can expect this to be a lot worse than what is reported.

No worries. We got the steering wheel on this one.

 

[East Lake II]

About sums it up. Whose got the wheel? Trump, Cuomo, Murphy, Birx? The car is moving to fast, couldn’t get a good view. Guess it really doesn’t matter.

 

[njlefty]

About sums it up. Whose got the wheel? Trump, Cuomo, Murphy, Birx? The car is moving to fast, couldn’t get a good view. Guess it really doesn’t matter.

Mnuchin said the jobless rate may hit 20 percent.