Official Coronavirus Thread (any other threads made about coronavirus will be closed) (Florida: prevent, state)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
After this is over, there's going to be a big work out of all the accumulated debt. In the most left wing, anti-landlord state in the country, do your really think they're going to let the LLs kick out what will be tens of thousands (or more) of tenants. It'll get stuck to the LL, and then by extension to the banks, who will then be propped up by the Feds, with money printed up out of nothing. And, again, because of the deflationary nature of this economic event, that will work.
As far as small businesses, the same. LL will not be allowed to evict them, collections on other bills that may be outstanding will be retarded. Big bunches of printed up money will be infused into them to defibrilate the economy. The danger is they'll dump in too much money too quick and light off inflation. But if the fed does this with some level of discretion, it will likely work.
I hope so. But Trump would flubb it up. I'm apolitical but I think Biden is the only one that could prevent the calamity.
It will take about another $2T to fix in my opinion. And it has to be done to stave off a deflationary contraction cycle. Inflation can be managed, deflation not so much.
Extreme measures will be required. I am not confident Trump has the political skills required to get it done.
Bxlover - You gotta get out of the fantasy world. Harsh times are ahead if the right decisions aren't made. If we're not already off the cliff we are on the edge. People have already died. More will die if the economy is not intubated.
Everyone is talking about ventilators but nobody is talking about the biggest ventilator required to keep our economy breathing and alive. Right many people are financially asphyxiating and can't hold their breath forever.
I hope so. But Trump would flubb it up. I'm apolitical but I think Biden is the only one that could prevent the calamity.
It will take about another $2T to fix in my opinion. And it has to be done to stave off a deflationary contraction cycle. Inflation can be managed, deflation not so much.
Extreme measures will be required. I am not confident Trump has the political skills required to get it done.
Extreme measures will be required. Now being somewhat political, there is this reality. In order to fix the economy and invest in the country will involve a New Deal very progressive plan. People who have, rich people like the Koch brothers who have Right wing members of Congress in their pockets, how will they vote in the future. Will their ideology and interest allow them to allow a " Redistribution of wealth " and "Socialism " and " Big government to expand " ??
While I don't disagree with that completely, I say the US system works exactly like it was set up to work. But perhaps that's the problem Definitely arguments on both sides for that one.
I'm not entirely sure about that--the US hasn't had any major governmental resets, but it has had a couple centuries of incremental changes which add up to very different parameters within the political system. Meanwhile, there has been vast changes in technology and how that has changed the way we interact with the land, with resources, with other nations, and with each other. Certainly the idea of civilization-ending nuclear war, or anything of that magnitude of destruction, was really an ongoing idea at the time save for those who truly believed the rapture was nigh; much more of the country was devoted to agrarian production especially since there were helpful slavebodies that could be run through like machines; there was the promise of a far larger, empty frontier that always looked good for the taking at some point with boundless resources.
There are definitely some very different governing parameters within the political and legal system today than there was at the country's founding, and there are definitely some very different inputs into that system than there was at the country's founding.
Anyhow, hopefully we'll be kicking in a good response from the system we have in terms of limiting the amount of damage and general human suffering. That'd be a pretty good response.
Has anyone heard more about this possible quarantine? Is this going to be a matter of being unable to leave the area or forcing people to lockdown 24/7? I'm asking because I have a medical treatment on Thursday and having it postponed is not really the best plan.
Bxlover - You gotta get out of the fantasy world. Harsh times are ahead if the right decisions aren't made. If we're not already off the cliff we are on the edge. People have already died. More will die if the economy is not intubated.
Everyone is talking about ventilators but nobody is talking about the biggest ventilator required to keep our economy breathing and alive. Right many people are financially asphyxiating and can't hold their breath forever.
Why are you so convinced that I am so unaware of what is going to occur.? I am at a loss of why your singling me out. I live and work in the Bronx and my wife and daughter work and study in Queens. I know what people are facing. Under the best of times my community has been underserved. Stuff has always been very real for me and mine I know that post virus our world will be very different
All my plans for retirement and goals are irrevocably different. Yet, I am simply choosing to prioritize being civil. Why do you feel the need to do otherwise. What is going to happen is going to happen we will see going forward. Perhaps because I grew up poor, without a great deal in the projects, I know life can still be good. We will have to adjust and time will tell. Don't confuse my desire to be good as denial. You may very well lose every thing you worked hard for as may I. However, it's just things. At this time I am more grateful to having my family healthy and food and meds. Tomorrow we will take stock and move forward. But being a d bag helps how ? Have faith and be optimistic. What will come will come. Yet, look at history people have survived much worse. I say this with friendship and I am dismissing the stress for your position to me. Perhaps take a few days off from the news and discussion, it will still be here in a few days.
Has anyone heard more about this possible quarantine? Is this going to be a matter of being unable to leave the area or forcing people to lockdown 24/7? I'm asking because I have a medical treatment on Thursday and having it postponed is not really the best plan.
Our leaders are still playing games with each other while millions of American lives are at stake...
Bxlover - You gotta get out of the fantasy world. Harsh times are ahead if the right decisions aren't made. If we're not already off the cliff we are on the edge. People have already died. More will die if the economy is not intubated.
Everyone is talking about ventilators but nobody is talking about the biggest ventilator required to keep our economy breathing and alive. Right many people are financially asphyxiating and can't hold their breath forever.
There's still the chance that other parts of the country aren't hit nearly as severely as NYC and its surrounding areas. California put the whole state on lockdown fairly early on, and the vast majority of their population centers are well within their state lines, so it's possible it won't be hit so badly. It's also possible that general US habits of heavy suburbanization might play a role in limiting the speed and extent of the spread in the rest of the US. I don't think that's super likely, but it's still possible.
Has anyone heard more about this possible quarantine? Is this going to be a matter of being unable to leave the area or forcing people to lockdown 24/7? I'm asking because I have a medical treatment on Thursday and having it postponed is not really the best plan.
Nobody knows anything about any possible further quarantine except President Trump and it would be completely ridiculous and unenforceable . In the end it would probably be no more than a PR stunt. Maybe that's all it's meant to be.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Definitely arguments on both sides for that one.
