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Re: 16% Unemployment...
[Re: Marty]
#6836029
04/09/20 05:47 PM
04/09/20 05:47 PM
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Joined: Nov 2015
Posts: 829 Maine
SleekOtter
trapper
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trapper
Joined: Nov 2015
Posts: 829
Maine
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^ below 10,000 by end of 2020. The Dow? I don't know about that extreme but I wouldn't be surprised if it was below $17,000
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Re: 16% Unemployment...
[Re: Gary Benson]
#6836045
04/09/20 05:57 PM
04/09/20 05:57 PM
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Joined: Nov 2015
Posts: 829 Maine
SleekOtter
trapper
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trapper
Joined: Nov 2015
Posts: 829
Maine
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A pound of bologna is now $6. By the end of 2020 bread will be $6 per loaf. I don't understand inflation enough really past the basics but I'm curious what will happen to consumer prices where demand for lots of goods is way down but we have all this money being injected. I'd imagine the demand will eventually snap back and the printed money will eventually win out and cause inflation
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Re: 16% Unemployment...
[Re: cfowler]
#6836175
04/09/20 07:29 PM
04/09/20 07:29 PM
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Joined: Jan 2014
Posts: 21,052 North East Kansas
Marty
trapper
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trapper
Joined: Jan 2014
Posts: 21,052
North East Kansas
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(BBC)
The coronavirus pandemic will turn global economic growth "sharply negative" this year, the head of the International Monetary Fund (IMF) has warned.
Kristalina Georgieva said the world faced the worst economic crisis since the Great Depression of the 1930s.
She forecast that 2021 would only see a partial recovery.
Lockdowns imposed by governments have forced many companies to close and lay off staff.
Earlier this week, a UN study said 81% of the world's workforce of 3.3 billion people had had their place of work fully or partly closed because of the outbreak.
E 'Honey Badger Militia' Sleep, the anti woke adote.
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Re: 16% Unemployment...
[Re: cfowler]
#6836294
04/09/20 08:42 PM
04/09/20 08:42 PM
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Joined: Dec 2006
Posts: 29,868 williamsburg ks
danny clifton
"Grumpy Old Man"
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"Grumpy Old Man"
Joined: Dec 2006
Posts: 29,868
williamsburg ks
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might be a good year to plant soybeans with so many ethanol plants shut down. soy bean meal ought to be real popular
Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
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