- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Winter Olympics
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Is anyone else out there concerned about an economic collapse.
Posted on 7/2/20 at 5:59 pm to LSUFanHouston
Posted on 7/2/20 at 5:59 pm to LSUFanHouston
quote:
If the hospitals get overrun, who is going to bail them out? If the insurers get creamed with claims, who is going to bail them out?
Not sure why overrun hospitals would need a bailout, but in any event, the people to bail them out would be the ones who got to go back to work.
1
Posted on 7/2/20 at 6:05 pm to wadewilson
quote:
Just tell the boomers it's another middle eastern military engagement, and we'll find money for it.
You would think securing their childrens' and grandchildrens' futures would be a Boomer priority overall but curiously, no, apparently not.
Posted on 7/2/20 at 6:07 pm to LSUFanHouston
quote:
Under the tail end of the last two Democrat presidents, deficits dropped way off (even had a small surplus under Willy).
Reagan won the cold war. The peace dividend, as we scaled back the military, created that surplus. Slick Willie also had a Republican congress led by Newt Gingrich who forced him into austerity and welfare reform. To his credit, he signed it.
Posted on 7/2/20 at 6:10 pm to Penrod
quote:
Not sure why overrun hospitals would need a bailout, but in any event, the people to bail them out would be the ones who got to go back to work.
I didn't use a clear word there. I mean if hospitals are overrun, what happens to the excess patients? More field hospitals set up at convention centers, at obscene federal cost?
Posted on 7/2/20 at 6:12 pm to Penrod
quote:
Reagan won the cold war. The peace dividend, as we scaled back the military, created that surplus
It took 10 years for us to achieve those savings? And Bush I needing to raise taxes?
quote:
Slick Willie also had a Republican congress led by Newt Gingrich who forced him into austerity and welfare reform. To his credit, he signed it.
Yes, and we don't have Newt or those Republicans in congress these days, sadly.
Posted on 7/2/20 at 6:12 pm to LSUFanHouston
Let the Millenials put Sleepy Joe in the White House. His crew will wreak havoc on this nation.
Posted on 7/2/20 at 6:13 pm to Mr Perfect
quote:
very misleading numbers. continuing unemployment claims is still very high. very high my friend
Let's not pretend all those unemployed are hurting financially. I just hope they are smart enough to save some of this excess money. That $600 a week will eventually run out.
quote:
Two-thirds (68%) of jobless workers would bring home more money from their state unemployment insurance plus the $600 weekly supplement from the federal government than they would have on the job, according to University of Chicago researchers.
In fact, one in every five eligible workers would receive benefits that were double their lost earnings, added the researchers, who emphasized that they weren’t taking a position on whether the temporary benefits were too much or too little.
LINK
Posted on 7/2/20 at 6:14 pm to Stealth Matrix
yup $6 trilli from 2008-2018
$6 trilli for 2020 alone
and guess what dude? this pumping is going to continue for years bc boomers will have a retirement crisis without it
$6 trilli for 2020 alone
and guess what dude? this pumping is going to continue for years bc boomers will have a retirement crisis without it
Posted on 7/2/20 at 6:17 pm to sawtooth
About time someone has some sense in here.
But.. but... the virus is a hoax
But.. but... Trump said the virus will disappear
But...but... it only hurts fat people
But...but... I have rights
But...but... I thought we needed to worry about Antifa
But...but... herd immunity
But..but... masks don’t work
But..but... what about the statues??
But..but.. the dems created a global conspiracy just to unseat Trump.
But...but... all the numbers are fake
But...but... why do we have to shut down again??
But...but...
But.. but... the virus is a hoax
But.. but... Trump said the virus will disappear
But...but... it only hurts fat people
But...but... I have rights
But...but... I thought we needed to worry about Antifa
But...but... herd immunity
But..but... masks don’t work
But..but... what about the statues??
But..but.. the dems created a global conspiracy just to unseat Trump.
But...but... all the numbers are fake
But...but... why do we have to shut down again??
But...but...
Posted on 7/2/20 at 6:22 pm to wadewilson
Isn’t Biden a boomer? What about soros? Boomer. Where are all these boomers causing problems? Sounds like deflecting blame for your lack of success buddy.
Posted on 7/2/20 at 6:23 pm to LSU Neil
quote:
Isn’t Biden a boomer? What about soros? Boomer.
They are both too old to be boomers. Silent Gen.
Posted on 7/2/20 at 6:26 pm to sawtooth
If old people keep dying that might eliminate the social security debt
Posted on 7/2/20 at 6:26 pm to LSU Neil
quote:
LSU Neil
Member since Feb 2007
1560 posts
Fewer than 10 posts a month for the life of your account and you've honored my lazy snark with one of them.
Thank you.
Posted on 7/2/20 at 6:29 pm to JustSmokin
quote:
I just hope they are smart enough to save some of this excess money.
L
O
L
Posted on 7/2/20 at 6:33 pm to sawtooth
This may be a money board question but what steps would you take to preserve your wealth if the economy collapses? Will the dollar value inflate like the reichsmark or will the money you have retain its value? I’m not that well versed in economics so I'm not sure.
Posted on 7/2/20 at 7:13 pm to notiger1997
quote:
Bernie wins
Bruh what rock you just crawl out from under?
Posted on 7/2/20 at 7:16 pm to Mr Perfect
quote:
very misleading numbers. continuing unemployment claims is still very high. very high my friend
Yeah very misleading because many are just sitting home drawing that awesome unemployment when companies are looking to hire everywhere. Unemployment would be much lower but why would these leeches go back to work when they are making easy money sitting home. Hopefully Trump doesn’t extend the $600 weekly bonus after July 31 and these POS’s go back to work. Jobs are there but the lazy asses are taking advantage of easy money.
Posted on 7/2/20 at 7:17 pm to red sox fan 13
quote:
This may be a money board question but what steps would you take to preserve your wealth if the economy collapses? Will the dollar value inflate like the reichsmark or will the money you have retain its value? I’m not that well versed in economics so I'm not sure.
There's many versions of a collapse. Inflation is a concern for sure. If a ton of people lose jobs, prices may collapse, and your buying power might actually go up.
Posted on 7/2/20 at 7:18 pm to sawtooth
Posted on 7/2/20 at 7:22 pm to tigerbutt
thinking what you're saying is partly true. but also think some jobs are gone for good.
I do think trump will cut back that extra 600 and we will see how it all shakes out
I do think trump will cut back that extra 600 and we will see how it all shakes out
Page 3 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News