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The economic fallout of this situation is not being treated with the same gravity as the health issues? I see it as every bit as catastrophic if not more so and equally important.
Why are we not seeing expert economists doing PSAs on how to recover? What steps to take now?
The economic fallout of this situation is not being treated with the same gravity as the health issues? I see it as every bit as catastrophic if not more so and equally important.
Why are we not seeing expert economists doing PSAs on how to recover? What steps to take now?
The economic fallout of this situation is not being treated with the same gravity as the health issues? I see it as every bit as catastrophic if not more so and equally important.
Why are we not seeing expert economists doing PSAs on how to recover? What steps to take now?
Why are we not looking ahead? Making a plan?
Did you miss the CARES act and all of the federal reserve intervention?
Did you miss the CARES act and all of the federal reserve intervention?
I did but I realize that its spitting in the wind. $1200 is not going to put a dent in what most people have lost. Loans are...loans. And nothing has begun to flow yet.
We don't get any of that as our income is too high. If we did we would donate it. But we also have multi million dollars in commercial mortgages we still owe. That's not something the government is bailing out. Our tenants are getting rent forgiveness as much as we can humanly afford. We are watching the work of many lives go up in smoke. Businesses that will never open again. Multiple generations work and savings gone. These are not wealthy people. Future generations are being burdened for who knows how long. I'm not seeing anyone take this seriously enough right now when theres a chance to start heading it off.
The economic fallout of this situation is not being treated with the same gravity as the health issues? I see it as every bit as catastrophic if not more so and equally important.
Why are we not seeing expert economists doing PSAs on how to recover? What steps to take now?
Why are we not looking ahead? Making a plan?
The government never looks ahead. The are reactionary and always a step or three, too slow.
I did but I realize that its spitting in the wind. $1200 is not going to put a dent in what most people have lost. Loans are...loans. And nothing has begun to flow yet.
We don't get any of that as our income is too high. If we did we would donate it. But we also have multi million dollars in commercial mortgages we still owe. That's not something the government is bailing out. Our tenants are getting rent forgiveness as much as we can humanly afford. We are watching the work of many lives go up in smoke. Businesses that will never open again. Multiple generations work and savings gone. These are not wealthy people. Future generations are being burdened for who knows how long. I'm not seeing anyone take this seriously enough right now when theres a chance to start heading it off.
I spent a few years in commercial banking. Taking out a loan is a risk to be considered before taking it.
The government never looks ahead. The are reactionary and always a step or three, too slow.
That's because their paychecks will keep rolling in. The various state/local governments look like heroes for shutting everything down, but when it comes to the millions of people completely screwed over, here comes the the feet-dragging.
I spent a few years in commercial banking. Taking out a loan is a risk to be considered before taking it.
Maybe you could explain, in really small words, how commercial loans compare to the way governments take on debt. Oh, and your interpretation of how a nearly instantaneous global crisis could be "considered" beforehand.
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