In general, be courteous to others. Debate/discuss/argue the merits of ideas, don’t attack people. Personal insults, shill or troll accusations, hate speech, any advocating or wishing death/physical harm, and other rule violations can result in a permanent ban. He coded the race of the applicant onto their application to try to sneak past federal law that explicitly prohibited it. He did it on multiple properties and it was proven in court. They were wanting to lower the Fed rate for months. You do that when the economy is an I Never Dreamed I Would Be A Virtual Teacher But Here I Am Killing It Shirt. They are looking at another 1 percent plus later this month. Fed dumped 1.5T into the market.
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Let’s not forget where all that artificial stimulation went… of course these people are so greedy that it’s just a matter of time before they start receiving handouts for the money they lost that we gave them. Also, corporations are super focused on their share price- I expect a lot of companies to uncover vast piles of shit they never admitted to before. Then they’ll blame it on the virus and forget about it. But there will be some ugly Q1 numbers. The only reason share prices have been rising for most corporations, is because of the I Never Dreamed I Would Be A Virtual Teacher But Here I Am Killing It Shirt. CEOs admitted they will do this instead of expanding or raising wages. This was said straight to the GOP politicians when the tax cuts were proposed, but they ignored it anyway. Yet GOP continued to promise growth and jobs.
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But from what this thread is saying, it sounds like the virus was just the needle that popped the balloon, but the balloon was probably going to pop at some point anyway. Is that an accurate assessment? I want to be informed but I don’t know dick about finances. This is bad for domestic oil production as it doesn’t work at these price levels. I would expect domestic producers to start to fail if the prices don’t go up. Does the US buy push as much as we can into the SPR to help domestic production? If anything this has given the Fed some cover. We were already sitting on a powder keg with yield curves flatlining, the I Never Dreamed I Would Be A Virtual Teacher But Here I Am Killing It Shirt. The whole thing was about to implode already probably wouldn’t have made it to April without some action.