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Are you prepared for how fucked the American economy is?

3 Comments

I have to admit, I am not mentally prepared. In ADDITION to everything covered here

“The Suicide of the American Economy” there is also the fact that America is about to become a “NO GO” hot zone for the rest of the world.

The infection rate in America — unlike in other rich countries — is still rising. It hasn’t even plateaued yet. When you take New York out of the national statistics, a genuinely frightening truth is revealed: across America, Coronavirus is still accelerating. And here we are — already just half the population employed. What does that tell you? It should tell you that the employment to population ratio is going to fall further — setting off a fatal chain reaction of depression.

3 Comments

  1. puck
    May 11, 2020,

    Cartoon physics is in effect here. If you still have a job and are paying your bills each month, don’t look down.

    • Jason330
      May 11, 2020,

      That metaphor checks out.

  2. bamboozer
    May 11, 2020,

    For once I find myself on the outside of a failed economy looking in, I’m retired and good to go financially. Felt strongly we were due a major correction, but did not see it going to depression levels, as ever I was wrong. We have yet to feel the real effect of what is going on, but we will. As for the government, Trump or not, it seems the fog of war has set in and the well heeled fools have no idea what to do other then to throw money at it. Will this end badly? Hell yeah it will. Will we learn from it? Yes, fear will mark us just as it did the the Americans who lived thru the first depression. Those who forget the past remain doomed to repeat it.

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