Swiper
VIP Member
- Jan 8, 2011
- 1,589
- 1,539
i think 40% of the businesses that shut down are not going to open up. or if they do open they’ll close back down due to lack of businesses and unable to achieve a profit or pay the bills and payroll.
look at restaurants. they only make about 5 to 10% profit margin‘s. you can’t make a profit or even make enough to pay your expenses at 50% capacity.
that’s just one example. the economy is so fucked up. we’re going to be in a depression for a decade or more.
The majority of jobs lost are not coming back. some will come back but then the business owners will realize there’s not enough business and laid offs will begin again. eventually the stock market will crash. gold will have a massive run, the dollar will tank. we will have mass inflation which will result in higher consumer prices. The Fed is printing money like crazy. we’re going into massive debt. it’s QE and zero interest rates to infinity. it’ll never end. when the world figures this out, it’s game over for the US and an implosion of the economy like the world has never seen will happen. I think we’re just in the first inning of a massive economic collapse that’s going to result in rioting and looting. it’ll be total chaos.
Almost every major industry is fucked.
The economy is going to crash and burn. The government/fed can try delayed as long as they can with spending, QE from 0% interest rates, stimulus packages tax cuts etc..that’s not going to do anything in the long term. which doesn’t equal the amount of debt and distortion and destruction of free market capitalism to justify it. this will be the biggest economic disaster the world has ever seen.
it’s going to be a long painful depression because the government/fed will continue to try to inflate the bubbles: they need to let it crash quickly so we could start over to rebuild it into a free market capitalist economy.
look at restaurants. they only make about 5 to 10% profit margin‘s. you can’t make a profit or even make enough to pay your expenses at 50% capacity.
that’s just one example. the economy is so fucked up. we’re going to be in a depression for a decade or more.
The majority of jobs lost are not coming back. some will come back but then the business owners will realize there’s not enough business and laid offs will begin again. eventually the stock market will crash. gold will have a massive run, the dollar will tank. we will have mass inflation which will result in higher consumer prices. The Fed is printing money like crazy. we’re going into massive debt. it’s QE and zero interest rates to infinity. it’ll never end. when the world figures this out, it’s game over for the US and an implosion of the economy like the world has never seen will happen. I think we’re just in the first inning of a massive economic collapse that’s going to result in rioting and looting. it’ll be total chaos.
Almost every major industry is fucked.
The economy is going to crash and burn. The government/fed can try delayed as long as they can with spending, QE from 0% interest rates, stimulus packages tax cuts etc..that’s not going to do anything in the long term. which doesn’t equal the amount of debt and distortion and destruction of free market capitalism to justify it. this will be the biggest economic disaster the world has ever seen.
it’s going to be a long painful depression because the government/fed will continue to try to inflate the bubbles: they need to let it crash quickly so we could start over to rebuild it into a free market capitalist economy.