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Post by Deleted on Mar 12, 2020 5:19:57 GMT 10
I would still count the U.S. among those unlikely to avoid the worst of a depression and slow to recover relative to other Northern Hemisphere countries, if only because the currently proposed solutions to both the pandemic and the economic warning signs have been to pour gas on it. Like it’s actually ridiculous, everything that has either been done or proposed so far is only going to make things worse for just a short-term staunching of the stock market bleeding. That's what happens when you elect a madman to the White House. Our only hope in the US was to get through these four years without a major crisis but now there is one.
Unfortunately, 40% of Americans (the only 40% who matter) are still so angry about gay marriage, abortion, and the "moral decline of our society" that they cheer this on. Their foaming at the mouth hatred for anyone who doesn't look, think, act, and worship like they they do is going to lead to widespread suffering and death. Right now they even consider coronavirus a "hoax" of the liberal media to hurt Trump. When it begins ravaging the American South, they will be forced to wake up and admit this is real.
I think the 2020s are going to be similar to the 1930s in the US. This is likely the beginning of a completely unraveling of the U.S. economy. It's going to be a rough decade and I think in 2029, we'll look back very fondly at the 2010s.
Cassie likes this
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Post by Cassie on Mar 12, 2020 5:39:30 GMT 10
]if the virus doesn't reach pandemic levels in the meantime. Well, it is officially a pandemic now. We're toast
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Post by Cassie on Mar 12, 2020 5:40:27 GMT 10
I would still count the U.S. among those unlikely to avoid the worst of a depression and slow to recover relative to other Northern Hemisphere countries, if only because the currently proposed solutions to both the pandemic and the economic warning signs have been to pour gas on it. Like it’s actually ridiculous, everything that has either been done or proposed so far is only going to make things worse for just a short-term staunching of the stock market bleeding. That's what happens when you elect a madman to the White House. Our only hope in the US was to get through these four years without a major crisis but now there is one.
Unfortunately, 40% of Americans (the only 40% who matter) are still so angry about gay marriage, abortion, and the "moral decline of our society" that they cheer this on. Their foaming at the mouth hatred for anyone who doesn't look, think, act, and worship like they they do is going to lead to widespread suffering and death. Right now they even consider coronavirus a "hoax" of the liberal media to hurt Trump. When it begins ravaging the American South, they will be forced to wake up and admit this is real.
I think the 2020s are going to be similar to the 1930s in the US. This is likely the beginning of a completely unraveling of the U.S. economy. It's going to be a rough decade and I think in 2029, we'll look back very fondly at the 2010s.
The day I look back on the 2010s fondly is the day the Black Plague is upon us again.
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Post by Deleted on Mar 12, 2020 5:56:15 GMT 10
That's what happens when you elect a madman to the White House. Our only hope in the US was to get through these four years without a major crisis but now there is one.
Unfortunately, 40% of Americans (the only 40% who matter) are still so angry about gay marriage, abortion, and the "moral decline of our society" that they cheer this on. Their foaming at the mouth hatred for anyone who doesn't look, think, act, and worship like they they do is going to lead to widespread suffering and death. Right now they even consider coronavirus a "hoax" of the liberal media to hurt Trump. When it begins ravaging the American South, they will be forced to wake up and admit this is real.
I think the 2020s are going to be similar to the 1930s in the US. This is likely the beginning of a completely unraveling of the U.S. economy. It's going to be a rough decade and I think in 2029, we'll look back very fondly at the 2010s.
The day I look back on the 2010s fondly is the day the Black Plague is upon us again. I’m not the biggest fan of the 2010s because my personal life sucked almost the entire decade. However, from an objective/current events standpoint it wasn’t a bad decade. We didn’t have anything like a 9/11, economic collapse, pandemic, or major war in the 2010s. I don’t believe we will be so lucky in the 2020s.
Cassie likes this
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Post by Deleted on Mar 12, 2020 9:40:02 GMT 10
That's what happens when you elect a madman to the White House. Our only hope in the US was to get through these four years without a major crisis but now there is one.
Unfortunately, 40% of Americans (the only 40% who matter) are still so angry about gay marriage, abortion, and the "moral decline of our society" that they cheer this on. Their foaming at the mouth hatred for anyone who doesn't look, think, act, and worship like they they do is going to lead to widespread suffering and death. Right now they even consider coronavirus a "hoax" of the liberal media to hurt Trump. When it begins ravaging the American South, they will be forced to wake up and admit this is real.
I think the 2020s are going to be similar to the 1930s in the US. This is likely the beginning of a completely unraveling of the U.S. economy. It's going to be a rough decade and I think in 2029, we'll look back very fondly at the 2010s.
The day I look back on the 2010s fondly is the day the Black Plague is upon us again. Well, you're in luck!
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Post by Cassie on Mar 12, 2020 10:01:57 GMT 10
The day I look back on the 2010s fondly is the day the Black Plague is upon us again. Well, you're in luck! The coronavirus isn't gonna be the second Black Plague
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Post by Deleted on Mar 12, 2020 12:31:15 GMT 10
With a nation that believes it's "just the flu," that refuses to get tested, and has a background mortality rate that is similar to the Spanish Flu which killed double the number of the freakin' World War that preceded it, it might not get to Black Plague levels. You are right there.
But it's gonna get pretty fucking bad.
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Post by sman12 on Mar 12, 2020 14:46:26 GMT 10
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Post by SharksFan99 on Mar 29, 2020 19:45:50 GMT 10
The next few years are going to be very, very tough. Scott Morrison made the point in a press conference a few days ago that we are essentially dealing with two crises at the moment; the pandemic and the 'economic crisis'. I personally don't agree with the majority of his views, however I do agree with the point he made. There are people in their 40s and 50s who may never be able to re-enter the workforce. Recent school graduates won't be able to afford to study a course at university or college and with hundreds of thousands of people in their late teens being in the same situation, entering the workforce will be even tougher. That's only going to be compounded by the fact that many businesses won't be able to recover from the pandemic and have closed for good.
I personally think we're going to feel the effects of this until at least 2026/27. There's going to be a second-wave of COVID-19, this isn't just going to disappear by the middle of the year. Tens of thousands of people worldwide will pass away from the virus within the next few weeks. We're basically treading water until a vaccine actually becomes available and that won't be for another 18 months at least. I'm of the belief that the governments have been beating around the bush when it comes to future outlooks in an effort to maintain social order. Criticise Trump all you want for him suggesting that Americans will be able to return to work by Easter, but could you imagine the panic and unrest that would occur if he made the point that things are likely to get worse? It's political meandering. If you create the allusion that the rate of daily cases are dropping and society can return to a level of normality, it improves the public's general perception of your government and that in turn improves your chances of winning the next election. Statistics do show that the "curve" is flattening in some countries, however, we shouldn't be thinking that our economic and health prospects will be improving anytime in the forseeable future.
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Post by Deleted on Mar 30, 2020 13:04:17 GMT 10
I still expect 2020 to be a year of overall economic growth, even if there is going to be a recession in the middle of the year. All this unnecessarily large economic stimulus will make it so.
edit: Although with Trump's erratic behaviour it's kind of hard to predict the future. If corona gets worse then the economy will get worse, but if it goes away I expect things to return to normal quicker than people expect. Things are already going back to normal in China.
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Post by Deleted on Mar 30, 2020 21:11:16 GMT 10
They were going back to normal in China, but they've re-closed their movie theaters. I can only guess this was because a resurgence, however slight, has been found.
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Post by Deleted on Mar 31, 2020 10:20:06 GMT 10
They were going back to normal in China, but they've re-closed their movie theaters. I can only guess this was because a resurgence, however slight, has been found. Possibly related to the number of cases being imported back into China from those coming from abroad. Not all cinemas were open anyway. A very small number. Less than a thousand in the whole country that has around 70,000 cinemas.
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Post by Telso on Apr 12, 2020 6:28:42 GMT 10
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Post by John Titor on Apr 12, 2020 6:30:03 GMT 10
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Post by karlpalaka on Apr 29, 2020 9:26:11 GMT 10
The next few years are going to be very, very tough. Scott Morrison made the point in a press conference a few days ago that we are essentially dealing with two crises at the moment; the pandemic and the 'economic crisis'. I personally don't agree with the majority of his views, however I do agree with the point he made. There are people in their 40s and 50s who may never be able to re-enter the workforce. Recent school graduates won't be able to afford to study a course at university or college and with hundreds of thousands of people in their late teens being in the same situation, entering the workforce will be even tougher. That's only going to be compounded by the fact that many businesses won't be able to recover from the pandemic and have closed for good. I personally think we're going to feel the effects of this until at least 2026/27. There's going to be a second-wave of COVID-19, this isn't just going to disappear by the middle of the year. Tens of thousands of people worldwide will pass away from the virus within the next few weeks. We're basically treading water until a vaccine actually becomes available and that won't be for another 18 months at least. I'm of the belief that the governments have been beating around the bush when it comes to future outlooks in an effort to maintain social order. Criticise Trump all you want for him suggesting that Americans will be able to return to work by Easter, but could you imagine the panic and unrest that would occur if he made the point that things are likely to get worse? It's political meandering. If you create the allusion that the rate of daily cases are dropping and society can return to a level of normality, it improves the public's general perception of your government and that in turn improves your chances of winning the next election. Statistics do show that the "curve" is flattening in some countries, however, we shouldn't be thinking that our economic and health prospects will be improving anytime in the forseeable future. The economic crisis is mainly due to this coronavirus.
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