Today's White House Press Briefing on Coronavirus. Trump outright pretended the stock market wasn't now completely artificially driven by the Treasury-merged-Fed abomination, declaring that it's "the biggest one-week stock market increase we've had in 50 years! That tells you there's a pent up demand, that tells you they wanna get back*.
What the actual fuck?
Only literal idiots would believe this. This is winning? Our economy is a complete fucking dumpster fire, the past three weeks we've lost 11 million jobs, we've once again stolen stolen from our fucking future to bail out banks and the corporate monopolies - and this guy is playing pretend.
https://youtu.be/MGeJtTVNiyM?t=5298
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LetTheMongoloidsDie ago
Stocks bottom well before the economy.
The moment Trump takes the boot off, we rocket back fast. The longer we wait, the weaker the rocket.
Unreasonable ago
Yup. This is a disaster bear market. Once disaster is over stocks go back up because fuck, one or two bad months isn't the end of the world. Pent up consumer demand will be unleashed and we'll be at all time high by end of June.
Mark this comment if you like.
Cat-hax ago
Unless we stay in shutdown for way longer
Unreasonable ago
Not gonna happen. They won't be able to keep justifying it when it peaks at 30k deaths.
BalfourYourFace ago
You're naive
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zebrastripes ago
high IQ comment