Corona Virus

[Bytes]

19 minutes ago, stirs said:

Ummm.....Most people understand that the House spends the money, thus the Gingrich comment.

We seem to do better with Dem presidents when they have Pub controlled house and purse

Not really...we seem to do better when the democrats control both...you know...like when Obama first came in office...but we digress...what do republicans do? Deficits? Wars?  

[Ja Rhule]

Coronavirus: Germany slowly eases lockdown measures https://www.bbc.co.uk/news/world-europe-52299358

Germany will reopen schools on May 4th. Spain start allowing people going back to work.

[Bytes]

9 minutes ago, Ja Rhule said:

Coronavirus: Germany slowly eases lockdown measures https://www.bbc.co.uk/news/world-europe-52299358

Germany will reopen schools on May 4th. Spain start allowing people going back to work.

But restaurants, theaters, churches, bars and large gatherings will remain close until August.

[Ja Rhule]

1 minute ago, Bytes said:

But restaurants, theaters, churches, bars and large gatherings will remain close until August.

Yep, just main economy drivers.

[BIGH2001]

11 hours ago, TheRumGone said:

We’re gonna be doing lockdowns and quarantines on and off as hospitals get on the precipice of being overloaded and then relaxed social distancing when they’re ok. This is gonna last years or until herd immunity happens (if that’s even a thing we still don’t know for sure). Vaccine isn’t gonna come in 18 months. That is crazy fast and unsafe. The quickest a vaccine has ever come out was 4 years. So I expect with more of the worlds resources going towards this it could come in 2.5 to 3 years maybe. 
 

people have to be able to provide for their families, people can’t stay in their homes for extreme periods of time. It’s just not feasible. We gotta find a balance and there’s gonna have to be innovative ways of dealing with this as well as time tested things like masks, proper social etiquette, ect.

Yeah, no we aren’t.

[Ja Rhule]

2021 will be worse than 2020 economy wise.  Just something to keep in mind.

[BIGH2001]

24 minutes ago, Ja Rhule said:

2021 will be worse than 2020 economy wise.  Just something to keep in mind.

Can you give me the winning Powerball numbers so I won't have to worry about it?

[stirs]

1 hour ago, Bytes said:

Not really...we seem to do better when the democrats control both...you know...like when Obama first came in office...but we digress...what do republicans do? Deficits? Wars?  

Yes, a banner year.

https://www.cbo.gov/publication/24992

Not gonna help you grind your ax, you're on your own.

[Ja Rhule]

1 minute ago, BIGH2001 said:

Can you give me the winning Powerball numbers so I won't have to worry about it?

No powerball. I work close with quants who run economic variable models.  Huge recession is coming by end of this year.  

[BIGH2001]

2 minutes ago, Ja Rhule said:

No powerball. I work close with quants who run economic variable models.  Huge recession is coming by end of this year.  

These stay at home orders are doing wonders for the economy already. 

[Ja Rhule]

15 minutes ago, BIGH2001 said:

These stay at home orders are doing wonders for the economy already. 

IMF also announced yesterday that we will experience the worst recession since 1930s depression. 
 

That country that started the virus and spread it will profit the most from global pandemic. 
 

The latest forecasts from the IMF suggest that the U.S. economy will contract by 5.9% this year. In comparison, the euro zone is expected to shrink by 7.5%, but China is seen growing by 1.2% in 2020.

Edited April 16, 2020 by Ja Rhule

[Bytes]

13 minutes ago, stirs said:

Yes, a banner year.

https://www.cbo.gov/publication/24992

Not gonna help you grind your ax, you're on your own.

Umm we coming out of a major clusterfck by the Republicans remember? The plans put in place then led to the longest economic expansion in US history untiil clock work orange.

[jfra78]

7 hours ago, Bytes said:

But restaurants, theaters, churches, bars and large gatherings will remain close until August.

As it should be

[stirs]

7 hours ago, Ja Rhule said:

IMF also announced yesterday that we will experience the worst recession since 1930s depression. 
 

That country that started the virus and spread it will profit the most from global pandemic. 
 

The latest forecasts from the IMF suggest that the U.S. economy will contract by 5.9% this year. In comparison, the euro zone is expected to shrink by 7.5%, but China is seen growing by 1.2% in 2020.

China will pay, Europe and US will see to it.