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SWBTATTReg

(26,057 posts)

20. I find this rather unbelievable. As an economic major (and minor too), I don't see anything like...

Tue May 26, 2020, 04:41 PM

May 2020

this occurring. If anything, I see new hot spots of the CV occurring, w/ some of them pretty severe and thus, continuing to drag down the economy/markets. People get pretty attached to their wallets and purses in times of economic stress, and I don't see anything different here.

And we're yet to see the impacts of the serious slowdown in the business cycles across the entire country yet too, reflected across income statements and / or balance sheets too.

And other countries are just starting down the difficult path that the US has been on (and will be on). Difficulties w/ China and others will continue to be an issue that rump stirred up for no good reason.

The list of excuses go on and on. I'd say watch gold and silver, and if they start spiking upwards in price, then the balloons have gone up and it's time to get out.

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The general election scenario that Democrats are dreading [View all] Newest Reality May 2020 OP

The Scare Tactic Meme Of The Day? Me. May 2020 #1

Could be, but Andy823 May 2020 #4

Personally, Newest Reality May 2020 #8

I didn't interpret this as a "scare post" at all. Mike 03 May 2020 #10

The only thing that's predictable now is that the rest of 2020 is unpredictable. Girard442 May 2020 #2

No way we dig out of this economic hole THIS YEAR budkin May 2020 #3

No it's going to take at least 5 years at a minimum. Initech May 2020 #12

It is going to take five years and a Democratic President at a minimum. SkatmanRoth May 2020 #14

That's Ridiculous ProfessorGAC May 2020 #5

I agree with it they aren't saying there is going to doc03 May 2020 #15

Easy To Rebut ProfessorGAC May 2020 #22

What you say may be true but if there is a big jump doc03 May 2020 #24

Not As Hard As You Suggest ProfessorGAC May 2020 #30

I don't think the natural disaster recovery model is appropriate for our current situation, mainly alwaysinasnit May 2020 #6

Plus we're still in the first wave of the virus as red states experience poli-junkie May 2020 #7

Uhuh. Hard to believe statistics about the very wealthy are going Hortensis May 2020 #9

I've Read That The Next Big Bubble To Pop Me. May 2020 #13

Bubble from outrageously low mortgage rates leading to outrageously Hortensis May 2020 #18

Here, Builders Like The Monster In THe WH Me. May 2020 #28

trump, repubs, GOP need to clear away the dead bodies first Miigwech May 2020 #11

Yep. lastlib May 2020 #16

Sure...unemployment is over 20% Demsrule86 May 2020 #17

... greenjar_01 May 2020 #19

I find this rather unbelievable. As an economic major (and minor too), I don't see anything like... SWBTATTReg May 2020 #20

With so many reports of the virus getting worse, any claim otherwise, empedocles May 2020 #21

Ridiculous kcr May 2020 #23

I don't think anyone but kool-aid addicts would accept the projected rebound as a win pecosbob May 2020 #25

The 1918-1920 flu pandemic was 3 years and about 33 percent of world's population was infected. roamer65 May 2020 #26

Basically, the guy in the article is saying, "we won't be as bad off in the fall as we are now." Yavin4 May 2020 #27

Doubtful the economy will turn around that quickly Yo_Mama_Been_Loggin May 2020 #29

It is simple Chainfire May 2020 #31

I think this going to be a slow bumpy recovery. honest.abe May 2020 #32

The numbers could be great, but if the job numbers go up 50% in the positive direction Vinca May 2020 #33