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Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 47,995
Quote:
Originally Posted by jyl View Post
All pandemics end. Even the 1918 pandemic ended after about a year, with no pharma intervention.

The SARS2 pandemic will similarly end. Even if there is no pharma intervention (i.e. assume no vaccine, ever) it will end sometime in late 2021 (my best estimate), when enough people have been infected. The toll in deaths and long-term health will be remarkable.

After the pandemic is over, why would Vegas not recover? The casinos, machines, croupiers, girls, cooks, etc will still be there. The casinos may be under new ownership, the girls skinnier and the cooks poorer, but as long as people want to gamble, party, and have sex, Vegas will be able to provide.

You honestly do not get it...the real casualty of the Pandemic is the economy. The American people no longer have the means to sustain consumption/Demand ans as such the economy is tanking/collapsing...

https://www.usdebtclock.org/

As it stands the actual budget deficit is 4.2T, with a Federal debt of 27.2T,

Net National Assets are 155T
Unfunded Liabilities 155T
Total US debt is 84T

That means that the US balance sheet is a NEGATIVE 84T.

The Central Banks of the world have pumped in 20T in liquidity. since March to backstop the collapsing economies. 50% of GDP is now Government spending.

I am really surprised that these numbers do not freak you out..

Then take a look at the forecast for this Gold Bull market.

https://www.youtube.com/watch?v=GO81GqQPFNk
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Old 11-05-2020, 07:40 AM
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