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  • Daily Digest

    Daily Digest 3/25 – America Is Shutting Down, Grocery Stores Are the Coronavirus Tipping Point

    by Daily Digest

    Wednesday, March 25, 2020, 8:40 AM


Economy

Senate, White House reach $2 trillion stimulus deal to blunt coronavirus fallout (Sparky1)

The agreement capped five straight days of intensive negotiations that occasionally descended into partisan warfare as the nation’s economy reeled from the deadly pandemic, with schools and businesses closed, mass layoffs slamming the workforce and tens of thousands falling ill.

America Is Shutting Down (Matthew S.)

Flattening the curve doesn’t stop the spread of the coronavirus, it only slows it. It buys us valuable time to deal with the sick and work on pharmaceutical interventions and, hopefully, a vaccine.

On the other hand, you have people arguing that this is an overreaction and no matter how bad the virus is, these aggressive mitigation strategies are not worth the cost to the economy.

India sets 21-day ‘complete lockdown’ to stop coronavirus spread (Sparky1)

“From 12 midnight tonight, the entire country will go under a complete lockdown,” he said. “To save India and every Indian, there will be a total ban on venturing out of your homes.”

21 Million Fewer Cellphone Users in China May Suggest a High CCP Virus Death Toll (thc0655)

Beijing first launched cellphone-based health codes on March 10. All people in China must install a cellphone app and register their personal health information. Then the app can generate a QR code, which appears in three colors, to classify the user’s health level. Red means the person has an infectious disease, yellow means the person might have one, and green means the person doesn’t.

Beijing claimed that the health codes are intended to prevent the spread of the CCP virus, commonly known as novel coronavirus.

Coronavirus in Ohio: Patients exhibiting new symptoms (Kelsey H.)

According to Ohio Department of Health Director Dr. Amy Acton, patients who contract the COVID-19 coronavirus are showing new symptoms. Acton said some of the data, particularly out of Cuyahoga County, show patients exhibiting GI upset, more fatigue, and sometimes not showing a fever, in addition to the previous flu-like symptoms.

This Is How Your Immune System Reacts to Coronavirus (Roger B.)

When you first become infected, your body launches its standard innate immune defense like it would for any virus. This involves the release of proteins called interferons that interfere with the virus’s ability to replicate inside the body’s cells. Interferons also recruit other immune cells to come and attack the virus in order to stop it from spreading. Ideally, this initial response enables the body to gain control over the infection quickly, although the virus has its own defenses to blunt or escape the interferon effect.

Oxford Study: Coronavirus May Have Already Infected Half of U.K. Population (Peter G.)

To see if their math checks out, the Oxford team is now working with researchers at the Universities of Cambridge and Kent to begin antibody testing as soon as this week. “We need immediately to begin large-scale serological surveys — antibody testing — to assess what stage of the epidemic we are in now,” Gupta told the Financial Times.

Coronavirus, in Lombardy 9 deaths out of 10 never arrived in intensive care (Aaron P.)

A scene that has unfortunately been repeated dozens of times in Lombardy, where you die at home, during transport to hospital or on improvised beds in the emergency room waiting to be treated. And it is no coincidence that health workers speak of “disaster medicine”.

Grocery Stores Are the Coronavirus Tipping Point (Sparky1)

So far, the virus does not appear to be extremely widespread among grocery workers. Nationally, the United Food and Commercial Workers International Union, which represents the employees of some grocery stores, told me only six of its members are known to have tested positive for the coronavirus. But many more might have the virus and have not been tested. Until this past week, it was possible to at least wishfully imagine that grocery stores were somehow immune to the virus. Now the risk has become even more apparent: Yes, people can get COVID-19 at the grocery store.

There’s psychology behind the foods we don’t buy in a crisis (Sparky1)

“The thing about panic-buying is that it gives us a sense of control at a time when we’re lacking that,” says Deborah Small, a psychologist who studies consumer judgment and human decision-making at the University of Pennsylvania’s Wharton School of Business. She adds that things get harried when “people hear that other people are buying something, and they say, ‘Oh, I need that too.’ And it just spirals to this level where we have none.”

Physical gold squeezed further; Royal Canadian Mint shuts down production for two weeks (Sparky1)

“While the supply of bullion coins is currently limited, we are fulfilling all the orders we can. We are also continuing to fully secure our facilities, operate the refinery and allow for the receipt and withdrawal of available products,” said Alex Reeves, senior manager, public affairs at the Canadian mint in an email to Kitco News.

Coronavirus Stimulus Offered By House Financial Services Committee Creates New Digital Dollar (Sparky1)

Both Speaker Pelosi’s ‘Take Responsibility for Workers and Families Act’ and the ‘Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321),’ introduced by Chairwoman Maxine Waters of Financial Services Committee, introduced these concepts today as a way of delivering the economic stimulus payments to U.S. citizens.

Citigroup will temporarily close up to 15% of U.S. branches (Sparky1)

Citi’s move follows other large banks who have begun to scale back some retail operations in order to reduce the spread of the coronavirus while keeping critical banking services like accessing deposits available to customers.

JPMorgan Chase and Co (JPM.N), the largest U.S. bank, said last week it would temporarily shut about 20% of its branch network leaving it with roughly 4,000 locations.

Inhibition of severe acute respiratory syndrome coronavirus replication in a lethal SARS-CoV BALB/c mouse model by stinging nettle lectin, Urtica dioica agglutinin (Thomas DJ)

All virus-infected mice receiving UDA treatments were also significantly protected against weight loss (p<0.001). UDA also effectively reduced lung pathology scores. At day 6 after virus exposure, all groups of mice receiving UDA had much lower lung weights than did the placebo-treated mice.

Probiotics in the Management of Lung Diseases (Aaron P.)

There is growing evidence as to how diet and nutrition influence the microbiome and interact with the immune system to ultimately improve human health, for example, fecal bacteriotherapy, whereby the microflora of a healthy patient is transplanted to a patient with ulcerative colitis (UC) [1]. This suggests that the composition of the microbiome has an important role in intestinal inflammation and that restoration of a “healthy microbiome” can promote remission of disease.

Power Grab (thc0655)

That said, I remain more optimistic than ever that once we get through this crisis and a rough transition period, a far better era awaits on the other side. I say this because I believe this pandemic will shake enough people to such an extent they’ll emerge from it very different people with a more enlightened understanding of the world and their roles in it. An event like this can make people less conscious, or it can make them more conscious. I think humanity will expand its consciousness.

Pennsylvania Supreme Court Greenlights Mandatory Gun Store Closures (thc0655)

“In my view, it is incumbent upon the Governor to make some manner of allowance for our citizens to continue to exercise this constitutional right,” Wecht said, arguing gun stores could be permitted to operate on a limited basis. “Such an accommodation may be effectuated while preserving sensible restrictions designed to slow the spread of COVID-19, but nonetheless provide a legal avenue for the purchase and sale of firearms, thus avoiding an impermissible intrusion upon a fundamental constitutional right.”

CORONAVIRUS SYNDROME: The Ultimate Genocidal Bioweapon System (Richard)

The Coronavirus Syndrome is not just a simple coronavirus named COVID-19 by the World Health Organization. It’s actually a far more complex pathogenic micro-organism and disease process than the medical authorities are aware of. More significantly, it is the biological etiology and environmental causation that must be correctly understood if Coronavirus Syndrome is to be successfully treated.

How Far Will Trump Go To Save U.S. Shale (Michael S.)

The United States is facing a national emergency. The Covid-19 pandemic in the world’s largest oil consumer, The United States, has dented demand to the extent that a couple months ago, no one thought possible. The virus struck—first in the world’s largest oil importer, China–at a time when the oil markets were already concerned about a global oversupply.

Facing labor shortage, feds encourage farmers to hire foreign workers already in the U.S. (Sparky1)

“American farmers and ranchers are at the frontlines of maintaining the nation’s food supply,” said Secretary of Labor Eugene Scalia (son of Supreme Court judge Antonin) in an accompanying press release. “In these unprecedented times, it is critical for them to have the workforce they need. This new partnership between USDA and DOL will help support our farmers, ranchers, and American families.”

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21 Comments

  • Wed, Mar 25, 2020 - 8:45am

    #1
    nanh

    nanh

    Status: Member

    Joined: Mar 24 2020

    Posts: 1

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    Healthcare worker suicide - another layer of tragedy to address

    https://nypost.com/2020/03/25/italian-nurse-with-coronavirus-kills-herself-amid-fears-of-infecting-others/

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  • Wed, Mar 25, 2020 - 9:26am

    #2

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 1940

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    First responders going down

    https://twitter.com/ErinBurnett/status/1242647637012221953?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1242647637012221953&ref_url=https%3A%2F%2Fwesternrifleshooters.wordpress.com%2F

    See new Tweets
    Tweet

    Erin Burnett
    @ErinBurnett
    ·

    13h

    Mayor of New Orleans told me tonight that OVER HALF of EMS personnel in her city are under quarantine. In NYC, sick callouts of NYPD are 2700-2800. Getting closer to 10% of force. To state the obvious, these numbers matter...
    272
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  • Wed, Mar 25, 2020 - 9:45am

    #3

    thc0655

    Status: Platinum Member

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    Posts: 1940

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    When are they going to flatten this curve?

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  • Wed, Mar 25, 2020 - 10:06am

    Captain Queeg

    Captain Queeg

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    RE: When are they going to flatten this curve?

    Is this a rhetorical question...?

    My fear is there will be increasing pressure to get back to work and some sense of normalcy, so the curve will never flatten.

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  • Wed, Mar 25, 2020 - 10:45am

    #5

    AKGrannyWGrit

    Status: Silver Member

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    It Didn’t Have To Be This Way

    I love that ending!!!

    The backbone of a country is the working people.  Our wealth has been stolen. Just look at the interest on your savings account.  It didn't have to be that way.
    Our well being has intentionally been degraded.  Look at our debt crushing sick-care system. It didn’t have to be that way.
    We have harvested our young to be slaves to debt so the GDP looks like we, as a nation are producers. We are, we produce debt slaves - our children.  It did not have to be that way.
    Our political system rewards big business and impedes, punishes and restricts small businesses.  It didn’t have to be that way.
    Our political system glorifies “profit”, financialization, and crony capitalism.  It punishes, savers, workers and creators.  Our jobs have been out sourced and are being replaced.   It didn’t have to be that way.
    The system rewards narcissists, sociopaths and the individual.  It punishes the community, family and well being of the people.  It didn’t have to be that way.

    My opinion!

    AKGrannyWGrit

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  • Wed, Mar 25, 2020 - 10:47am

    #6

    thc0655

    Status: Platinum Member

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    Releasing prisoners accelerating nationwide

    https://www.greenwichtime.com/news/article/Thousands-of-inmates-released-as-jails-face-15155940.php

    Amid fears that the coronavirus will carve a deadly path through prisons and jails, counties and states are releasing thousands of inmates - New Jersey alone began freeing hundreds of people this week - and the federal prison system is coming under intense pressure to take similar measures.

    Public health and corrections officials have issued dire warnings that cramped and unsanitary conditions could turn prisons into a haven for the virus, endangering not just inmates but also corrections officers and prison health-care workers as well as their families and communities.

    Criminal-justice reform advocates from across the political spectrum urged President Donald Trump on Tuesday to use his clemency power to commute the sentences of inmates eligible for "compassionate release" and others who could be at risk, particularly the elderly and those with underlying medical conditions.

    "This is a real disaster waiting to happen," David Patton, the executive director of he nonprofit Federal Defenders of New York, said Sunday, the day after the first federal inmate tested positive at the Metropolitan Detention Center in Brooklyn. "These are places that are particularly susceptible to contagion."

    https://www.zerohedge.com/health/mayor-de-blasio-fighting-coronacrisis-letting-hundreds-criminals-out-prison

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  • Wed, Mar 25, 2020 - 11:01am

    AKGrannyWGrit

    Status: Silver Member

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    Releasing Prisoners Nation Wide

    Uh huh.  Prisons are “for profit”.  Those profit producers get sick so jettison them like an ejection seat and make them someone else's problem?

    Shame on me. Of course, all of a sudden it dawns on someone that the most compassionate thing for prisoners is to release them in the face of a virus.  Hmmmm, I wonder where they will go to quarantine? How will they afford food, living expenses, health care?  Homeless shelters?  Job prospects?

    Bah humbug.

     

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  • Wed, Mar 25, 2020 - 12:12pm

    thatchmo

    Status: Silver Member

    Joined: Dec 13 2008

    Posts: 193

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    What way will you work for?

    "It didn't have to be this way"?  What way do we want it to be?  Most of us are concentrating on staying healthy, but with all the actions going on at the governmental level, I think we need to look around, beyond COVID-19.  I, like most PPers, have focused on self-sustainability, then community sustainability.  But, at this point, we're still a Nation and should consider our obligations as citizens.  Reposting this from my earlier:

    So what are we to do, as Americans for this discussion, given our situation?

    A lack of planning, preparedness, or implementation by the government for a foreseeable event.

    A federal government constantly in lock-up mode.

    A predatory and destructive financial/monetary system.

    A “why-bother-voting?” two-party political system.

    Many, many other systemic failures.

    All the above negatively affect 99% of Americans.

    The following have been bandied around for decades. Perhaps now is the time.

    Term limits for elected officials. Thank you for your service to the country- now get a real job. No pension, no insurance-for-life.

    No revolving door between government service and private industry for 5 years.

    Publicly-funded elections.   Sorry Mike….

    Reverse the Citizens United decision. Corporations are not people.

    Dismantle the Federal Reserve Bank.

    These are certainly not my original ideas, and I know there are a few other really basic proposals for change and improvement that I am forgetting at the moment. There is much talk of a reset, or even a complete destruction of the present system.   Perhaps engaging a proactive campaign immediately, we can provide the “solution” (or at least a solution of our choice) to guide the country where we would like it to be. I really, given the present political/social/economic situation, can’t imagine anyone- left, right, center, libertarian, socialist, or whatever, not embracing those changes.

    So we have a country full of citizens sitting at home, for a month or more, wondering WTF?, with an extra 8-12 hours of time to think about it (one would hope). Is now the time for a huge grassroots campaign to pressure our elected officials to enact change that we “all” can agree on? What might happen if 10% of the recently furloughed/unemployed wrote/emailed/called/texted their elected representatives every day during this lockdown demanding action to implement the above? 30%? 60%?

    I don’t care how one feels about the Wall, abortion, or the Second Amendment, it’s time to motivate people to make changes that will possibly provide us with a responsive government. People need to think differently: as Citizens, not victims.

    My sweetheart is an unabashed conspiracy theorist. She thinks there are possibly some “good guys” that will come to our rescue. I choose not to be part of a “cargo cult”.   The Founding Fathers/Mothers have come and gone. WE are the good guys! It’s up to us!

    90% of Americans have been “under attack” since, what, 1971?  How long should we wait to take action to “create a world worth inheriting”?  I believe, like us, most politicians are feeling like that deer in the headlights, wondering which way to jump.  There will soon be millions of citizens with time on their hands that could provide them with a not-so-gentle nudge as to which direction to jump.  It’d be sad to see that opportunity lost…

    But, these are scary times, and perhaps people aren’t ready to drop their fear and move to something positive that they can have some control over.  It appears many will die, but the living will deserve something better, if they’re willing to invest a bit of energy and action.  In the ’60s we hit the streets, and actually brought about some change.  But we’ve grown soft, and keyboard protest may have to do for now.  Not much peril in that.

    Never let a crisis go to waste.

    When the people lead, the leaders will follow.

    Those who make peaceful revolution impossible will make violent revolution inevitable.

    Could this be a new meme for our time and situation? How would we get something like this primed?   I believe the time may be upon us.   I guess I haven’t lost faith yet.   Aloha, Steve.

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  • Wed, Mar 25, 2020 - 1:12pm

    ao

    ao

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    AKGranny, i agree with you on almost all of these except for part of the last statement

    Our society doesn't reward the individual like it once did.  It tells the individual to subvert themselves to the collective whole.  The individual and the community are not mutually exclusive.  Individuals comprise the community and can express themselves within the community.  The collective tells the individual to shut up and do what everyone else is doing.  The USA was built on rugged individuals who could work together as a team when needed and when they so choose ... or not.  The individual must be sovereign.  Otherwise, you have nothing but a slave, whether enforced by the government or enforced by the social pressure of the herd, the culture, and the thought police.

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  • Wed, Mar 25, 2020 - 1:13pm

    #10

    thc0655

    Status: Platinum Member

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    More pets are being taken on more walks than ever

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  • Wed, Mar 25, 2020 - 1:30pm

    ao

    ao

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    thatchmo, i couldn't agree with you more

    Unfortunately, at this late stage in the game, I don't see writing our legislators, marching, protesting, or any other form of non-violent protest changing things to any substantial degree.  Until the responsible parties experience imminent danger to life and limb and confiscation of all that they own, they will not change their ways.  Why?  They don't have to.  What will happen to them?  They will yes us to death and feign concern, agreement, and abidance and obfuscate with convoluted language and legislation but ultimately they will continue along the same path.

    Imagine a hardened psychopath robbing a bank.  A citizen approaches him and asks him to please stop.  Do you think he'll stop?  The citizen threatens to write a letter and report him to the authorities?  Do you think he'll stop?  The citizen calls law enforcement and they arrive but they are armed only with billy clubs while the psychopath is heavily armed.  Do you think he'll stop?  The people in the bank, the bank employees, and the law enforcers all ask him to stop.  They beg, plead, cajole, bargain, negotiate, etc.  Do you think he'll stop?  Then then lose their tempers and start yelling.  They jump up and down and stomp their feet and start making signs and banners.  Do you think he'll stop?  He is at a place where, if he is determined, only one thing will stop him.  The imminent threat and/or actual use of righteous deadly force.  Do we think Hitler, Stalin, or Mao would be dissuaded by anything less?

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  • Wed, Mar 25, 2020 - 1:36pm

    kunga

    kunga

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    Posts: 302

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    Released prisoners

    I would bet, even if "non violent" most of these released criminals are low level psychopaths.  Great.  Just what we need, more of these types out and about.  Glad I don't work in social services or live near a prison.  Get ready for an increase in crime and with less law enforcement.  Locks only keep the honest folks out.  Drive defensively. Be aware.

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  • Wed, Mar 25, 2020 - 2:12pm

    #13

    AKGrannyWGrit

    Status: Silver Member

    Joined: Feb 06 2011

    Posts: 1018

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    ao

    I agree with your concept that society tells them to subvert themselves to the collective to a degree. Or perhaps I should say for the masses.

    my thoughts were more along the lines of the following.

    CEO compensation in 2018 (stock-options-realized measure). Using the stock-options-realized measure, we find that the average compensation for CEOs of the 350 largest U.S. firms was $17.2 million

    Thats average.  One quote I saw was a CEO who earned about $17,000 an hour.

    This seems extreme to me. But I do see what your point is.

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  • Wed, Mar 25, 2020 - 3:10pm

    #14

    sand_puppy

    Status: Platinum Member

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    9+

    Releasing sociopaths

    Yes, releasing prisoners is distressing to me, too.  Many low-level criminals are sociopaths.  (Though not all.)  They live within social rules when there is concern for being caught, but when an opening to behave badly without detection is noticed--say to take a car with keys left in it, rape a woman traveling alone in a secluded spot or steal some merchandise when nobody is looking--they take it.  Then they occasionally get caught and incarcerated.

    Since the rule-following conscience is not internalized strongly in the sociopath, they depend on external rules and external consequences to keep them behaving  in a civilized manner.

    Releasing sociopaths from prison is one of the consistent elements of most collapse novels where there is a hidden group trying to take over a society.  The terrorized population become willing to accept a strong-arm, military-style dictatorship to protect them.

    So I see lots of room for the amplification of trouble here.

     

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  • Wed, Mar 25, 2020 - 3:11pm

    #15

    AKGrannyWGrit

    Status: Silver Member

    Joined: Feb 06 2011

    Posts: 1018

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    Some Humor - Snowflakes Don’t Watch

    A Desperate Mothers Prayer

     

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  • Wed, Mar 25, 2020 - 3:16pm

    #16

    pinecarr

    Status: Gold Member

    Joined: Apr 13 2008

    Posts: 1124

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    10 Amazon Warehouses Hit With COVID-19 After Workers Test Positive

    Just caught this on ZH, "10 Amazon Warehouses Hit With COVID-19 After Workers Test  Positive".

    As America shelters in place to isolate from COVID-19, people have been avoiding potential exposure by ordering necessary items from Amazon.

    Anyone who has been disinfecting Amazon deliveries is ahead of the curve, as workers across 10 Amazon warehouses have tested positive for the disease, according to the Washington Post - owned by Amazon founder Jeff Bezos.

    According to the report: "two in New York City; Shepherdsville, Ky.; Jacksonville, Fla.; Katy, Tex.; Brownstown, Mich.; Oklahoma City; Moreno Valley, Calif.; Joliet, Ill.; and Wallingford, Conn."

     

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  • Wed, Mar 25, 2020 - 3:25pm

    #17
    ezlxq1949

    ezlxq1949

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    Joined: Apr 29 2009

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    The War of the Worlds, by H.G. Wells

    Read the last chapter; almost prophetic. The world is rescued from an invasion of powerful, invincible, destructive Martians by the smallest critters on Earth: bacteria and viruses against which the Martians have no immunity and die miserably.

    I can’t help noticing that the world system and its almighty, haughty corporations have been knocked sideways, perhaps forever, by one of the tiniest creatures on God’s earth — a virus. How ironic.

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  • Wed, Mar 25, 2020 - 3:27pm

    #18

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 1940

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    March 25, 2020 update from Kalifornia ED nurse

    https://raconteurreport.blogspot.com/2020/03/for-concerned-american-via-ltgen-russel.html

    The concept that generators run out of gas has been an amazing discovery.In tomorrow's news, water is wet, and the sun comes up in the morning.I can hardly wait until they discover that gasoline fumes and vapors are flammable and explosive. Maybe they can get the FD or Burn Center to hold a powerpoint or something.And it's cold now. Wait until this stretches into May, and they've made no provision for when it's hot outside instead. Nothing like heatstroke for staff and patients to get your attention to what you're fucking up, daily, by the numbers. Stuff any decent assistant director in Hollywood could have told people, because TV and the movies work outside 24/7/365, but the hospital is a bunch of wilting orchids once they exit the building.What I really don't want to point out, but will have to in another week or two, is to ask WTH their plan is for when, quite literally, the natives get restless, and storm the bastion. Who's going to provide more than kabuki token security the day we have 40 scared people in the outside tents, or the community decides we have food, medicine, etc., which they want and don't have?Does anybody really think that Joe Rent-A-Cop and glass doors will avail when the Free Shit Army comes calling? Well, I mean does anybody besides the idiots running the joint who haven't thought that far ahead...Somebody's hospital, mark my words, is going to be the bellwether for when it's time to deploy the Notional Guard, with fucking bayonets and loaded mags, and tell them to repel boarders with extreme prejudice. I don't want it to be mine. But the day may well come when I'm carrying at work, and sporting a discreet kevlar undershirt, and it'll be NDBBM*, with something larger and louder in the vehicle rack. Or, I'll simply self-deploy home, for the duration.That's before I get to lack of thought for any provision whatsoever for anything but the everyday JIT supply of normal materials, let alone water, sanitation, food, power, and all the other necessities that make a functioning hospital possible.The lessons of hospitals and disaster relief from the Northridge Quake, Rodney King free tennis shoes and TVs Riots, or hospitals in Nawlins during Katrina, are like stories about trench warfare, Greek myths, and the Jurassic period: ancient history. People who should be able to quote how to do this from memory don't have the first fucking clue what they're doing, or going to do, if anything seriously untoward happens, or one person out there so much as says "Boo!"They've planned for a grade school fire drill, not for the Paradise Fire sweeping through the city.It's going to be an expensive OJT lesson, for a lot of people.So no, in sum, they've given the safety and well-being of the medical (and all other) staff, and patients, and by extension the entire community we serve, far too little thought (and I use that word loosely) to suit me. And that's not just the hospital, it's ALL the entities, private and public, and agencies involved, from the city council to FedGov, and everyone in between the two, at every level.I've been through two major earthquakes, and two region-wide riots, and what I'm seeing is what happens when jackholes with zero experience in either try to run something they've never even imagined.If anything, I'm sugarcoating this.And yet again, the safety rules are going to be re-written, in blood.Hopefully, not mine, nor yours.

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  • Wed, Mar 25, 2020 - 3:58pm

    #19

    AKGrannyWGrit

    Status: Silver Member

    Joined: Feb 06 2011

    Posts: 1018

    ezlxq1949

    Amen to your post!

    Isn’t it ironic, the economy has sucked for us poor and middle class for a very long time but because the stock market looked good, who cares.  NOW that the banks and stock market are convulsing, puking and gasping, ever so many have their hair on fire and are running around panicking. A site to behold.

    Funny, the virus doesn’t seem to discriminate.  I like “fair” so do capuchin monkeys.

     

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  • Wed, Mar 25, 2020 - 4:00pm

    #20
    Spikenard

    Spikenard

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    4 quadrillion dollars in derivatives

    I‘m still wondering about this. A few years ago everyone was talking about this, saying that it was the main reason to avoid having countries defaulting on their debts, particularly Greece at the time. Now you don‘t hear a peep about it. Was that just fake news in those days?

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  • Thu, Mar 26, 2020 - 1:25am

    thatchmo

    Status: Silver Member

    Joined: Dec 13 2008

    Posts: 193

    thatchmo said:

    Yeah ao, I hear ya.  Lets all give up now, and save the energy....I guess maybe we could all agree to just not vote for any incumbents for the next couple elections?

    Or, do we ride at dawn?  (after the lockdown, of course!).... Aloha, Steve.

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