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we are on the cusp of a depression (Original Post) katusha Mar 2020 OP
An economic team determined to oversee the US Treasury NoMoreRepugs Mar 2020 #1
Trump's will be the Greatest. GeorgeGist Mar 2020 #2
Watching the Wellstone ruled Mar 2020 #3

NoMoreRepugs

(9,417 posts)
1. An economic team determined to oversee the US Treasury
Mon Mar 23, 2020, 01:02 PM
Mar 2020

coffers opened for Corporate America and the MegaRich to grab all they can, no strings attached. It Is truly frightening to me. I’m 70 and secure, I worry for those who haven’t been as fortunate as me.

 

Wellstone ruled

(34,661 posts)
3. Watching the
Mon Mar 23, 2020, 01:50 PM
Mar 2020

depreciating value of Commodities,which as we know,are used as a savings hedge by the Rich and the Corporations,are shrinking in real value by the minute. We had the January pump and dump market scheme in hyper speed. And now we see we have lost some 20 plus Trillions off those values. Same crap happened in the Spring quarter of 1929 and by October,all value was transferred to a hand full of Billionaires.

Noticed this morning Zillo stopped buying Houses. People are scarred shitless and are pounding their phone lines for a quick buyout.

Fun fact that has a reality check,640k Casino/Hotel workers on layoff. Industry said last weekend,only 20% will see hire back once this crisis is over. So get ready for Foreclosure-Ville 2007 to return with even more harsher results.

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