Doom

[Softball Bat]

[Screw_Michigan]

[Softball Bat]

Over 38,000 new cases in the U.S. yesterday.

Yikes!

Haven't seen a number this high since 4/24.

And as you can see, since the middle of June the trend has been -----> UP, not down.

It does appear that America is now experiencing a new "wave" of the virus.

https://www.worldometers.info/coronavirus/country/us/


Hang in there, folks.

You're going to be SHUT DOWN again soon.


Yep.

[mvscal]

Uh, no. We're not.

[Softball Bat]

Uh, no. We're not.

You will comply.

[mvscal]

No, we won't. Not that it will be an issue. There isn't going to be another shutdown if for no other reason than the fact that we can't afford another shutdown.

[L45B]

I spoke with a colleague who works in our Italy office yesterday. She said people there are acting like there was never a virus.

Most people are not wearing masks. Bars and restaurants are back open full tilt. Based on the usual garbage being spewed here and everywhere, I expected a very different image being painted of non-Americans cooperating perfectly and like well-filed sheep. This doesn’t add up. :?

[Softball Bat]

95% of people here in S. Korea are wearing masks in public.

Most businesses are open, but it is most definitely not "normal" here.

[Left Seater]

95% of people here in S. Korea are wearing masks in public.

Most businesses are open, but it is most definitely not "normal" here.

Sure, but large portions of the population in S Korea wore masks previously as well.

[Softball Bat]

There is a "yellow dust" issue here that people have dealt with for a long time.
Very fine dust floating in that originates in China.

Primarily for this reason, even prior to Covid, people would sometimes wear masks on days when the dust is bad.
On an average day prior to Covid, maybe 5% of the people would be wearing a mask.
And when the dust is bad, over 50% of people are wearing masks.

In America, prior to Covid, almost nobody ever wore a mask.
So yes, there has been a bit of a "mask culture" here, which I think has made it easier for Koreans to capitulate to wearing a mask.

No such mask culture exists in America - and it seems bizarre to most Americans to be wearing a mask.
I understand it.

[Left Seater]

Yeah, here in Chicago this week I have seen more people wearing bandanas or buffs.

[Softball Bat]

6/2/20...

As I posted previously in this thread, a grotesque version of socialism is being ushered in on Donald's watch.
One where the rich can get richer, the middle class can be smacked the hell down, and the poor can... eat dirt and die.

41% of businesses closed on Yelp have shut down for good during the coronavirus pandemic

American states have been slowly reopening their economies in the wake of the coronavirus pandemic, but thousands of businesses are still closed — many of them for good.

As of June 15, 140,000 businesses listed on the Yelp YELP, -3.01% review site remained closed due to the coronavirus pandemic. And of all the business closures since March 1, 41% of them have shuttered permanently, according to Yelp’s latest Local Economic Impact Report.

Los Angeles recorded the largest total number of closures...
https://www.marketwatch.com/story/41-of ... 2020-06-25






Shut down for good.

Let it sink in.






#the_greatest_depression

[Screw_Michigan]

6/2/20...

As I posted previously in this thread, a grotesque version of socialism is being ushered in on Donald's watch.
One where the rich can get richer, the middle class can be smacked the hell down, and the poor can... eat dirt and die.

41% of businesses closed on Yelp have shut down for good during the coronavirus pandemic

American states have been slowly reopening their economies in the wake of the coronavirus pandemic, but thousands of businesses are still closed — many of them for good.

As of June 15, 140,000 businesses listed on the Yelp YELP, -3.01% review site remained closed due to the coronavirus pandemic. And of all the business closures since March 1, 41% of them have shuttered permanently, according to Yelp’s latest Local Economic Impact Report.

Los Angeles recorded the largest total number of closures...
https://www.marketwatch.com/story/41-of ... 2020-06-25






Shut down for good.

Let it sink in.






#the_greatest_depression

Too bad all those hundreds of millions of dollars in contracts to Trump crony businesses that didn't exist a month ago for masks they didn't have, those small businesses that just went 86 could have used that money. Oh well, that's Trump Socialism for you.

[Innocent Bystander]

This is still baffling:

https://www.koin.com/news/health/corona ... sk-policy/

PORTLAND, Ore. (KOIN) — Lincoln County has backtracked on its decision to exempt people of color from its mandatory face mask policy, citing a “shocking” backlash of “horrifically racist commentary” from the community.

Lincoln County issued the directive on face coverings on June 17 and included several exceptions, including for people with certain medical conditions, children under 12 and “people of color who have heightened concerns about racial profiling and harassment due to wearing face coverings in public.”

The directive also said the mandate is self-executed and that no one is allowed to intimidate or harass individuals who do not adhere to it.

The decision to exempt people of color, which was made in an effort to ease worries over racial profiling, gained national attention.

There was so much wrong with the initial reasoning -- including the dual unintended consequences of both setting in stone that Covid19 transmissions are not really a public health concern, and making it public policy to encourage blacks to catch it.

The racism was in the implementation more than the backlash.

I want to read the unredacted minutes of the meeting which spawned this. Where to find?

[Innocent Bystander]

As I posted previously in this thread, a grotesque version of socialism is being ushered in on Donald's watch.
One where the rich can get richer, the middle class can be smacked the hell down, and the poor can... eat dirt and die.

Too small to bail. The oligarchy at work.

However -- what exactly were those businesses which closed? There's a difference between a business depending upon people coming inside closing its physical location but still providing services -- and an outright closure.

The marketwatch site says it's restaurants, retail and fitness centers, because can't comply with covid19 guidelines. Those are businesses which can't 'work from home'. They have more challenges changing their business model than an insurance agency. It can be done, but not over Zoom.

Why would Los Angeles, in a state which bragged about its lack of cases, have more closures than NYC, by the way?

[Softball Bat]

The U.S. saw a huge spike in new cases yesterday.

The largest (by far) number of cases in a day since the start of the pandemic.

https://www.worldometers.info/coronavirus/country/us/



Shutdown -----> incoming!

[Softball Bat]

[Softball Bat]

Uh, no. We're not.

You will comply.

She will not comply.

A deep state 'tard.
A Q 'tard.
A "soon" 'tard.
No doubt a Drumpf 'tard.







A melting 'tard.






You will comply!

[Screw_Michigan]

She hot. Is she single?

[Slap]

They should have zoomed in that camera angle from behind and then kept it going a lot longer. I could work up a good load looking at that little whore.

[Softball Bat]

AS I WRITE THIS, THE NASDAQ 100 INDEX IS UP 30% OVER THE PAST YEAR WHILE CONTINUED JOBLESS CLAIMS HAVE SOARED TO RECORD HIGHS AS THE RESULT OF A PANDEMIC.




IT’S LIKE NOTHING I’VE EVER SEEN (OR ANYONE ELSE HAS EVER SEEN, FOR THAT MATTER).

TYPICALLY, WHEN RECESSION HITS AND UNEMPLOYMENT RISES DRAMATICALLY IT’S NOT GOOD FOR THE STOCK MARKET AS BOTH REVENUES AND EARNINGS TAKE A HIT. IN THE PAST, THE TRENDS IN CONTINUED JOBLESS CLAIMS AND STOCKS HAD A NEGATIVE CORRELATION, MEANING THAT WHEN THE FORMER ROSE THE LATTER FELL. OVER THE PAST FEW MONTHS, HOWEVER, WE HAVE SEEN BOTH RISE STRONGLY IN TANDEM.

AND THERE MAY BE NO BETTER REPRESENTATION OF THE MASSIVE GULF BETWEEN THE STOCK MARKET AND THE ECONOMY RIGHT NOW.

https://trulytimes.com/this-might-be-th ... areer.html






Trickle down!
Sure!

[Left Seater]

Posting charts to show us how wrong your predictions were?

And both lines in that first chart show a drop and then recovery. Just goes to show the economy was quite strong until Rona and if it were to go away tomorrow we would recover very quickly.

Further, your trickle up comment is misguided and disingenuous. Workers pensions and retirement funds make up a good portion of stock holdings. More than 50% of Americans is own stocks. Why continue to claim it only helps the wealthy?

[Softball Bat]

Workers pensions

They are going away...

Bye bye.


The whole system is toast.

It's all smoke and mirrors now.







Pay no attention to the man behind the curtain!

[Left Seater]

If that is true, then say goodbye to unions and most government jobs.

Both of which would be a win for the rest of us.

[Screw_Michigan]

if it were to go away tomorrow

Lol

Get real

Wish in one hand and shit in another, tell us which fills up first

[Left Seater]

Learn to read. I didn't say it would. I was just pointing out how that was what was pulling the economy down. Despite the Rona flu, we still added nearly 5 million jobs in June. Of course those are mostly recalling furloughed workers, but still.

We know you want the economy to crash and for workers to suffer, but without the Rona flu, this economy would be roaring along.

[Screw_Michigan]

We know you want the economy to crash and for workers to suffer, but without the Rona flu, this economy would be roaring along.

If Jesus wasn't born with a penis, he'd be a woman. What is your point? Trumpsterism destroys everything it touches. Sorry you woke up so late.

[Softball Bat]

but without the Rona flu, this economy would be roaring along.

You are deluded.

As was posted on this board numerous times...


We were borrowing a trillion dollars a year.
Interest rates were kept under 2% (and many times near 0%) for a decade.
Labor force participation was at historic lows.
Banks were being fed 10s of billions of dollars in a repo scam for many months prior to the virus, just to keep them going.


The economy was a farce prior to the virus.

You should really stop listening to Don's crazy bullshit.

[Left Seater]

Yes we have a spending problem and that hasn’t changed. It is only going to get worse with Team D leading the way.

[Screw_Michigan]

Yes we have a spending problem and that hasn’t changed. It is only going to get worse with Team D leading the way.

Yes, we should give it back to the pilots who flew the aircraft into the ground.

Rice wants its degree back.

[Screw_Michigan]

You are deluded.

Imagine being so FUCKING deluded that with all of the horrific shit happening in the US right now, your biggest concern is too much federal spending. 13% unemployment, 125,000 dead from Covid 19, millions of positive cases of a disease that can destroy you and your finances even if you survive it.

Entire industries have been destroyed. Sports, aviation, entertainment, NEVER thought I'd ever not see these. Million upon millions of people cannot work because their job requires close human contact and they risk their lives to work.

And Left Shitter is whining and crying about federal spending. No wonder the Trumpster GOP party of traitors are going to get their asses kicked to the fucking curb in November.

[Softball Bat]

You are deluded.

Imagine being so FUCKING deluded that with all of the horrific shit happening in the US right now, your biggest concern is too much federal spending. 13% unemployment, 125,000 dead from Covid 19, millions of positive cases of a disease that can destroy you and your finances even if you survive it.

Entire industries have been destroyed. Sports, aviation, entertainment, NEVER thought I'd ever not see these. Million upon millions of people cannot work because their job requires close human contact and they risk their lives to work.

And Left Shitter is whining and crying about federal spending. No wonder the Trumpster GOP party of traitors are going to get their asses kicked to the fucking curb in November.

You're right.
We are in the midst of an epic disaster.

The powers that be are going balls-to-the-walls to keep the stock market propped up.

If that goes Titanic, the entire illusion that things will be fine and dandy is shot to oblivion.

[The Big Pickle]

5 Million New jobs in June during a PANDEMIC!
Nasdaq record high during a PANDEMIC!
Stock Market almost back to record highs!

Seriously...are you going to listen to this freak that is hiding in a village
somewhere in South Korea that eats dog meat and teaches flat earf to savages?


Seriously?
25 pages of flat earf and doom?

From this guy??????

REALLY!?

[Left Seater]

13% unemployment,
Entire industries have been destroyed. Sports, aviation, entertainment, NEVER thought I'd ever not see these.

Exactly. You want to increase spending. More spending when we have far less money coming in the front door just means borrowing a shit ton more. That helps no one.

Get your shit together.

[Softball Bat]

All airlines have sent similar memos to employees. United is the airline really being brought to their knees. Their employees are suing them, they are ignoring DOT rules on refunds, are ignoring rules for accepting stimulus money, and angering customers at every turn.

Delta and American will be fine. United is the airline you should be focused on in a “doom” thread.

Good call.




Job-loss notices are coming, United says

United Airlines, its plans for a business recovery upended by a surge in coronavirus cases, has said tens of thousands of its employees could be furloughed or laid off starting Oct. 1.

The airline discussed potential cuts during “town hall” meetings with employees Monday and Tuesday. Executives leading the meetings shared details of bookings falling sharply as the pandemic accelerated in the U.S. during June.

The carrier has authorization for $5 billion in grants or loans under the federal CARES Act, but the measure’s protections against job reductions expire Sept. 30. United already has announced its intention to cut 3,400 of its managers, about 30% of its total, a move expected to take a chunk out of its Chicago headquarters.

Just a week ago, United said an increase in bookings would allow it to triple its August schedule, bringing it to 40% of its level from a year ago. But in its presentation to employees, United said cancellations have risen again as state and local governments, including Chicago, issue quarantine orders covering travelers from coronavirus hot spots...

https://chicago.suntimes.com/business/2 ... oronavirus

[Left Seater]

Most airlines will start layoffs at some point after Oct 1, if things don’t change dramatically. American and Delta have been aggressive with early retirements and voluntary furloughs.

But with demand at somewhere around 35% of normal, airlines are way over staffed.

[Innocent Bystander]

Most airlines will start layoffs at some point after Oct 1, if things don’t change dramatically. American and Delta have been aggressive with early retirements and voluntary furloughs.

But with demand at somewhere around 35% of normal, airlines are way over staffed.

So what happens to the people let go?

[Left Seater]

Most airlines will start layoffs at some point after Oct 1, if things don’t change dramatically. American and Delta have been aggressive with early retirements and voluntary furloughs.

But with demand at somewhere around 35% of normal, airlines are way over staffed.

So what happens to the people let go?

You will need to ask them what they are going to do with their free time. But I imagine most will file for unemployment.

[Softball Bat]

Coming soon to a theatre near you...




Shutdown 2.0

[Screw_Michigan]

Yes, time for strict lockdowns for all these Trump ball licking states that didn't take Covid 19 seriously the first time around. No home depot, no retail, just food, Target, and home. Maybe this time around these assholes will stay home, start wearing masks and start taking Covid 19 seriously so we can crush this nonsense and move on with our lives.