Originally Posted by ZeeOSix
Originally Posted by alarmguy
Anyway, to cut to the chase, there are and always will be good investments. In my post, my meaning is an opinion on where our economy is heading and no one really knows, past history shows it always rebounding quite nicely.
With that said, this world event was a rule breaker and quite honestly, (TO ME PERSONALLY) its no catastrophic event at all but in this modern age with 24 hour news, that the public at large actually watches for entertainment purposes, hours and hours a day, they still do not know the true facts of any situation because the way its presented is for entertainment, not true hard numbers with explanations.
So I dont think ever in the last few decades Governors across this great country ordered all businesses to close their doors, go out of business (this to me was the event not the virus) and wait to the day they give the green light.
So apparently the experts in the CDC don't know what they are talking about . There are numbers and explanations. Yes, the media sensationalizes it, but for the most part they do report/reflect what's going on. Listen to more than one biased news source and do some self investigation of the information to make a logical conclusion of what reality is.
IMO, this economic impact will not "rebound quite nicely" like in the past. It will rebound, but there will be a lot of long term impacts that will make some things in the economy change and take a long time to adjust to and recover from.
More people die per year because they are fat, or smoke, or whatever. The death toll never mattered. It's the sensationalism and manner, and so forth that got the economy shut down. So many people are fixated on this big scary virus that they missed that...
IMO, a balanced approach would have been a bit more responsible.