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MerryBlooms

(12,200 posts)

7. Zero.

Reply to global1 (Original post)

Tue May 5, 2020, 09:53 PM

May 2020

The businesses being forced to open at the capacity required to meet social distancing requirements, won't pay the lease, let alone power, suppliers, taxes, payroll, etc... A huge number of these businesses will be filing for bankruptcy. They would have been better off staying closed, and their employees on unemployment. What about the buffet businesses? How the heck are they supposed to exist under new guidelines, and even then, who the hell with two brain cells to rub together, would go to a chuck wagon? Nope, our economy is shit until there is a reliable vaccine and a sane president.

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Highlight:

What Are The Prospects Of The Economy Growing Again By November's Election?...... [View all] global1 May 2020 OP

Nil, imo, but he's already attempting to 'pull out all the stops' so it APPEARS to be happening. elleng May 2020 #1

Problem for him is when a chicken can't "appear" in every pot eleny May 2020 #15

No 'thoughts and prayers' from me (becoming hardened,) elleng May 2020 #18

Some people do not understand that the stock market isn't the economy and still_one May 2020 #2

In a word...YES in answer to "Are people stupid enough...?" BigmanPigman May 2020 #3

very low qazplm135 May 2020 #4

"The economy turns like a large ship with a small rudder" A HERETIC I AM May 2020 #5

Zero. Newest Reality May 2020 #6

Zero. MerryBlooms May 2020 #7

+1, they'll lose more money open and operating at 35% of previous years revenue than closing and ... uponit7771 May 2020 #16

We all know the economy will not recover for at leat a year and most likely longer than that. napi21 May 2020 #8

Zero chance. John Fante May 2020 #9

Zero, zilch, none, nada, no way Jose.... pbmus May 2020 #10

Not when people will be dropping like flies poli-junkie May 2020 #11

3rd Q GDP could be positive by .5% for instance econ estimates (CNBC Moody's) is 2 / 5 / 7 ish uponit7771 May 2020 #12

It Doesn't Need To Recover ChoppinBroccoli May 2020 #13

Less than zero or equal to trumps IQ SoonerPride May 2020 #14

No growth until 3rd.or 4th quarter 2021 JCMach1 May 2020 #17

It will be a tepid recovery until a vaccine is administered. roamer65 May 2020 #19

Pretty good, month on month. judeling May 2020 #20

Very slim. They underestimate the will to live among the majority of the population. smirkymonkey May 2020 #21

Just because its recovering, doesn't mean... Xolodno May 2020 #22

Not much. trump will claim he's the only one that can get us Hoyt May 2020 #23

None. Open all the businesses you want, people aren't going to them until they feel safe. meadowlander May 2020 #24