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comment by kleinbl00
kleinbl00  ·  921 days ago  ·  link  ·    ·  parent  ·  post: US jobless claims soar past 3 million to record high

You shut your whore mouth. The bear market is over so the future is full of sunshine and rainbows.

WSJ's daily shot pointed out that the stimulus is equivalent to 10% of GDP. Which, in simple terms, means that if we're all out of work for more than 5 weeks it won't be enough.





NevaMor  ·  921 days ago  ·  link  ·  

Nah we will be ok, we'll just print money for everyone (/s). Hello stagflation!

kleinbl00  ·  921 days ago  ·  link  ·  

WSJ has a great article on what's actually in the stimulus. You know what? It basically looks like the Democrats wrote it and the Republicans signed on because holy fuck they needed to be seen doing something. It's almost entirely hand-outs for humans and loans for businesses.

I should probably copy it down so that people can get past the paywall.

kleinbl00  ·  921 days ago  ·  link  ·