This is not a bailout (Yeah, right!)

Discussion in 'Wall St. News' started by schizo, Mar 11, 2020.

  1. Nine_Ender

    Nine_Ender

    Again you are posting worthless dribble that won't stand up well in retrospect. Seems to be your thing; memories of the stock market crash of 2016 you insisted was inevitable.
     
    #21     Mar 14, 2020
  2. Cuddles

    Cuddles

    https://www.politico.com/news/2020/03/12/trump-coronavirus-economy-127679
    ‘I don’t want to use the b-word’: Trump aides race to rescue the economy
    Trump aides are studying the nation’s response after 9/11 and during the 2008-09 crisis to design an aid package for an economy quickly slamming the brakes in response to the coronavirus pandemic.

    The Trump administration is scrambling to prop up industries crumbling under the weight of the novel coronavirus outbreak.

    Just don’t call it a “bailout” around any White House officials or Republicans on Capitol Hill.

    President Donald Trump’s top aides are racing to design a wide-ranging government rescue of major sectors of the economy — such as airlines, hospitality and other service industries — amid a collapsing stock market and cascading shutdowns of major sports events, Broadway shows, museums and amusement parks.
     
    #22     Mar 14, 2020
  3. Cuddles

    Cuddles

    #23     Mar 21, 2020
  4. schizo

    schizo

    I think you'll eventually nail this one. The entire economy is practically down on its knees already and I am quite confident the government will shut down the stock market as well in the coming weeks to prevent the free fall--likely less than a month from now.
     
    #24     Mar 21, 2020