03-26-2020, 05:30 AM
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#4229
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Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $-1355266
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Quote:
Originally Posted by ChiliConCarnage
The 30% number was quoted by the Treasury Secretary if Congress did nothing. It’s a high number pulled out of his ass to put pressure on Congress to get something done.
It looks like we have a plan but I think we'll still see a lot of unhealthy companies collapse. 4 mortgage REITs defaulted a few days back. They aren't going to be able to give every restaurant, cinema, etc. shut down right now a loan. Winsteads went under recently
It'll be interesting to see, will people go right back to the movies or other activities the moment this ends? I'm not so sure. Though, I think it helps kids aren't as susceptible from a fear perspective.
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Fair enough
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Posts: 59,928
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