/biz/ - Business & Finance

>>18668885

What is scary is that people are blaming the virus for shit that started happening back in september. The fed was printing up to 100 billion A DAY back in december 19. Corona is a terrible red haring. People have no clue how bad things are about to break down.

How delusional are bulls when they look at unemployment and are like, yep, back to ATH by next years. We will be at 20+% unemployment with a yearly deficit approaching 1/3 of GDP. Think about that.

And inflation is not good for stocks. Business can not operate if they cannot afford cost increases or worse, can't get supplies needed to operate.

>>18212383
You're really not getting the scope of this. It's not gonna fix itself over night.

>>18163426

Totally, this is a completely normal "dip" and everyone is going to be buying $60k luxury cars and dumping all their disposable income into tesla junk bonds and speculative stock.

>>18114701

>they think this is a normal recession
This is like a recession all at once, in fast-forward, multiplied by 10.