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Originally Posted by Wayne 962

Umm, if you're tired of hearing news about this, you should try reading this article:

https://www.bostonglobe.com/2020/03/13/opinion/coronavirus-cautionary-tale-italy-dont-do-what-we-did/?utm_source=pocket-newtab

-Wayne

Your life is changing on a dime...think of the ramifications of this ripple effect as a tsuami.

Think of the jobs lost, the bks foreclousures and the stress it applies to banks. Then the govt will have to step in to keep people from starving and being homeless..remember most Ameticans can not weather a 1000 crisis. The deficit could go to 2T..

I dont believe that an already markedly declining economy will be able to pick itself up again. A lot of money is being printed, interest rates are going negative..the FED will buy Equities to keep them from collapsing and with it the Pension Funds, Annuities etc

If you take a look at how civilizations collapse it is from multiple causations..a desth by a 1000 cuts. War pestilence plague natural diasters and decling economic fortunes..
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