With numbers like that it makes me think this virus and the reaction are planned events. Sure seems like a lot of money and power can flow into a few hands and certain agendas can progress while the American people are held hostage in their own homes. This stimulus package is not intended to help the people.

How do I make a tin foil hat smiley?

Not sure if this is what OP is referencing, but it’s something.

It was 2.5 billion one month ago today. Following that trajectory we should be at about 14.4 quadrillion this time next month.

And a 100,000 page stimulus package.

For the first time in my life I'm happy I didn't have kids.

That’s something, thanks. Wow.

The feds were “overall” repaid from the 08 bailout.

They actually made quite a bit of interest on the deal.

They also bailed out multiple banks outside of the US and were paid back with interest.

The difference here seems to be how much will be a “net loss” going to individuals.

Of course this isn’t the whole 6t. Just a portion.

Doubles every 2-3 days.

It’s Growing exponentially

In 2 weeks it will be enough to purchase Italy

Well, it was fun while it lasted but its becoming obvious this is likely the end game starting to play out. $6 freaked trillion dollars...lol. I guess we are about to nationalize nearly every major industry with tax dollars? So much for capitalism sorting out the winners and losers. Everyone is too big to fail now, except the average schmuck. .

I guess the gold/silver bugs will finally have their day now.

He just lost my vote, fuck him and the useless republicans.
ETA your post was complete BS, the senate bill for sub 2T is still in play, the Fed is a separate issue.

It really sucks but just imagine if the Socialists were in charge. I won't defend the Republicans on this. I'm just saying it would be far worse if we gave the checkbook to the Democrats/Socialists.

Don't bother offering solutions out of this mess, it's too late. Sooner or later the SJW/ FSA train is going to derail and payback is going to be hell.

Beijing's state newspaper warns a second coronavirus outbreak in China is 'INEVITABLE' due to people arriving from abroad

A second coronavirus outbreak in China is 'highly likely' and 'even inevitable' as the pandemic escalates, China's state newspaper has warned.

Loopholes in the health screening process and inadequate quarantine measures for people arriving from abroad are the main factors for the looming new crisis, according to state-run Global Times.

The stark warning comes as former epicentre Hubei Province, apart from its capital Wuhan, is set to lift travel restrictions tonight after being locked down for two months.

It also comes as Wuhan has registered its first native infection, a doctor, after reporting zero cases for five consecutive days.

More

They aren't?

Value of Italy is decreasing exponentially.

The socialist are 100% in charge, the turtle is useless, and the RINOs are conveniently self quarantining, so not enough votes.
Just look at the list of swamp rats that can't vote.

Last week my "send em to work and let god sort em out" stance was decried by many as being monstrous and callous. I made the argument that what our current path was leading to would be far worse.

Wonder if anybody changed their mind today.

Nothing in it for the middle class.

Can we just throw 6 trillion at the space program so we can get off this rock? Or maybe cure cancer.

That's been my mentality all along.

My biggest fear from this whole thing isn't getting sick, or someone I know getting sick... it's how the fuck do we restart an economy and why is everyone letting governments hoover up unprecedented power so willingly?

Wow. Just when you think they've reached peak Idiocracy... They will shit like this.

trillion here, trillion there, trillion everywhere.....   they talk about large amounts of money like it's nothing....

MAGA

Who are about to bring COVID-19 onto their warship.

Starting to look a lot like Atlantic City..

Well, I was out of toilet paper but this stimulus package just saved me.

LOL. They started well under 1.

This shit is about all I need to see to understand the "seriousness" of the issue.

When representation breaks down, bad things occur.

Is the Reichstag going to burn?

Dems want vote by mail. Our people may 'vote' by rooftop at this rate.

I got chewed on pretty good when I suggested this to my retired parents.

It's rained non-stop for nearly a week and a half; they've both been cooped up plugged into the MSM the entire time.


Im ready to rip this bandaid off and get to work.  If you're at-risk, stay at home and self-quarantine.

Oh we’re going to pay for it.

I've got 6 months of expenses in savings.
I'll quit, stay in the house, drink my ass off and watch youtube until September.
With your mentality, there should be plenty of jobs available come fall.

Agreed. War is inevitable at this point.

Wasnt John Kerry in China a few months ago ?

That swamp fuck probably gave China the green light to crash our economy and ruin Trump.

The timing of all this is truly remarkable.

If that’s what it takes to get my retirement back to the value before the beer flu, I am in.

It’s gonna hurt us more than help us...

$2 trillion to stimulate the economy and help out citizens where does the other 4 go? Cost of doing business?

Comon, we get to 10 T if we really try.

We are going to end up taking out Iran by the end of the year.  Count on it.   Bow Cut in North Korea may also be taken out.

Understood I'm (1)+ hours behind your post above^ but...

Attached File

No need for tin foil any longer...

Yeah all the employers can ride out six months of no income while maintaining their overhead and will still be there waiting to hire in September.

So it's the same $2T in direct spending he was talking about originally, and $4T in liquidity through the Fed.  AKA a credit line.  AKA the Fed giving low-interest loans to businesses to survive through the coming months, which will (theoretically) be paid back.

I'm not sure I'm seeing a change in what POTUS has been saying all along with this.  Even the Senate bill originally had a large chunk of liquidity carved out for the Fed, as I recall.

Couple/few questions about precious metals:

A) What good is it if there is no currency to buy it? Yeah, yeah, gold IS currency

B) Say you have a chunk of gold. How do you buy a loaf of bread? Do you just nibble off a sliver or chunk to pay with?

C) How do you buy stuff off Amazon with it?


Signed,

Confused in Cali

Sooooooo......playing devils advocate.

What if the rest of the worlds money takes a greater shit than ours?

lol, I was gonna post that it is now tainted and has very little value anyways . It's a joke...



...maybe

The level of stupidity in this thread is mind numbing.

Guys since 2008 and the choice to bailout the banks and insurance companies, forever set in stone the American economic course.

QE is a drug that if we stop taking it we die economically.  End of story.

No ifs, no ands and no buts.  End of story.  

It’s a mathematical certainty.

Much like taking a drug over time, any American economic problem requires an ever larger hit / QE response.

As much as I would liked to have blamed the previous administration for continued QE, they had no choice, it was QE or economic Armageddon.  No administration is ever going to do that.

It doesn’t matter your feelings on Trump, there is no other course of action open to him.  

There is big a reason the Dow went from about 6,500 during 2009 to almost 30,000 at the beginning of this year.

How much more money was floating around in the system.

Were are in a totally rigged system.  The reality is we have massive inflation and unemployment that is quietly swept under the rug as the government’s numbers on unemployment and inflation would make some of the bankers at Goldman blush.  As I have said before it doesn’t matter the administration, the numbers are total bullshit.  This is also not a recent occurrence, it’s been going on a very long time.

Furthermore, what we cannot admit to is that we are in period where the reality is negative interest rates for savers.  

Real interest is basically nothing and frankly given the true inflation is pretty wicked at the moment, and the stock market until recently was on a bull run, you were an idiot to keep money in a savings account.

Which brings us back to the money supply.  The reason the Dow is so high up until recently is that the system is rigged that it has nowhere else to go within reason, but back into the stock market.

Frankly, another 6 trillion in stimulus money, guess who and what this helps.  

Look at what all the other QE did to the stock market.

Instead of losing your shit about this, you guys should be making the best of shitty situation and buy more shit like S&P 500 funds with your financial advisors.

America will forever be addicted to ever increasing amounts of QE, get over it and make some money, before the inevitable happens.

Between the crisis and the catastrophe, enjoy a glass of champagne gentlemen.

There is no room for reasoning in this thread. This is sky is falling thread, now run around with your hands flapping in the air.