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(Topic ID: 265249)

$ale prices all over the place ?..? And the “new normal”


By Beez

6 months ago



Topic Stats

  • 98 posts
  • 45 Pinsiders participating
  • Latest reply 6 months ago by ForceFlow
  • Topic is favorited by 3 Pinsiders

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    #43 6 months ago
    Quoted from glasairpilot:

    I have not seen any real deals, but if some come up I would go get them at someone's house. This virus does not scare me, but it is destroying the economy due to fear in people. We could see real deflation coming. We have an exponential increase in public debt coupled with a decreasing population increase rate. Add in a flat yield curve along with corporate debt exploding against a weakening GDP AND the velocity of money slowing way down and you will soon find banks not wanting to loan money since the debt will be non productive in nature.
    In short - we have screwed ourselves by buying into the fear and will pay for it dearly.

    You’re going to get severely down voted for speaking the truth.

    -3
    #45 6 months ago
    Quoted from glasairpilot:

    Well, it appears that other than O-Din agreeing with me I am at odds with all of you. Enjoy your time at home and get use to it. If we continue to act like this over every challenge that comes along we will all be living in the next third world country.

    Many in the mob buy into what the media is showing. Not that the virus isn’t real, but we are recking our economy over this. What is going to be worse, people starving all over the place with no means to feed their family or all this fear mongering?

    #55 6 months ago
    Quoted from cottonm4:

    Check these numbers out. I am in the camp that the country needs a hard shutdown for 30 days. Would that suck? Of course. I offer no easy way to do it, though. No one else knows how to do it or it would already be done.
    But these numbers say we are not doing so hot.
    What is worse that starving?
    [quoted image]

    The numbers from starvation are much larger.

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