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Stocks have been doing well the last couple weeks for a few reasons:
-Trump Admin priority is clear: Protect profits over human life
-Big Biz is actually getting bailout $$$
-Business "leaders" are in denial that a 2nd wave would be more economically devastating than the 1st
-Trump Admin priority is clear: Protect profits over human life
-Big Biz is actually getting bailout $$$
-Business "leaders" are in denial that a 2nd wave would be more economically devastating than the 1st
The Wall Street/Big Business world is in denial about what will happen if we "reopen" while hospitals are still stretched to their breaking point and thousands of people are still dying every day.
Life can't just go on like normal under those circumstances bc people get scared.
Life can't just go on like normal under those circumstances bc people get scared.
And now the Republican Base is getting whipped up into an anti-social distancing frenzy by the "pro-business" propaganda on Fox News/OANN.
Wall Street thinks this will make the country to "reopen" sooner but what it will really do is lead to a 2nd wave of preventable deaths.
Wall Street thinks this will make the country to "reopen" sooner but what it will really do is lead to a 2nd wave of preventable deaths.
I worry a lot about what will happen in late summer/early fall when the economy hasn't just "bounced back" and "pro-business" politicians on both sides are saying we can't afford any more relief/stimulus.
Reality always catches up and right now ppl with power are denying reality
Reality always catches up and right now ppl with power are denying reality
