American Economics Thread


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This is the first shock of the USA economy in the last 150 years.

They was spared of any war since the civil war, now it will disrupt the country as a war.

Example Russia had at least 4 severe disruption in the past 100 years.

Levelling the playing field. I am very curious how the complete shock like dissolution of supply chains will be handed.

The future won't be like the past, the lost supliers has to be replaced , and the money need to be paid by the companies, not by other persons.
this one is sorta interesting, the last paragraph is well I don't know the word:
U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says
Updated on March 22, 2020, 8:47 PM GMT+1
  • St. Louis Fed chief calls for maximum support for economy
  • ‘Everything is on the table’ for Fed to provide support
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Dow is down over 700 points from open at under 18.5K at the time of this post... Where do you raise stimulus measures to now that even "unlimited support" could not stop the bear?
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Fed announces unlimited bond purchases in unprecedented move aimed at preventing an economic depression