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Author Topic: COVID-19 🏴☠️ Pandemic  (Read 16476 times)

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AGelbert

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📢 Hat Tip to Surly ✨ for this Important Story
« on: February 24, 2020, 02:32:10 pm »

When Will We Admit Covid-19 Is Unstoppable and Global Depression Is Inevitable?
charleshughsmith.blogspot.com - Given the exquisite precariousness of the global financial system and economy, hopes for a brief and mild downturn are wildly unrealistic. If we asked a panel of epidemiologists to imagine a virus op…

Read more Doomstead Diner Daily 02/24/20

Agelbert NOTE: The effect of Covid-19 news on the restaurant business is going to be bankrupting. Already Pizza Hut (which includes Wendy's) is cratering. They announced that they would be closing about 500 locations for "remodeling" . The Wendy's billionaire CEO Nelson Peltz just held a big 🦀 Trump fundraiser... Five will get ya ten that Mr. Nelson Peltz is fishing for a bailout.

Whatever Trump does to welfare queen his fellow crooked bastards out of bankruptcy, it will not work this time. ALL these businesses, from restaurannts to cruise ships to hotels, etc. CANNOT SURVIVE if people of all walks of life avoid other people (as much as possible) for several months until this Covid-19 virus is less of a health threat. AND furthermore, Covid-19 is just ONE of the multiple threats to the global economy that Catastrophic Climate Change is inexorably putting in the faces of all types of unethical profit over people and planet "business as usual"  Capitalists. Ethical businesses will be negatively impacted as well. 

This is the Black Swan combination of events that Wall Street has always feared. Expect TPTB here in the USA to debase our currency in order to save the bastards at the top (SEE: 2008 on hyperinflationary steroids). I hope they fail because, if they don't, we-the-people will be even poorer and more desperate than we are now. Desperate people = 💣 >>>>> 💥 .

Light is sown for the righteous, and gladness for the upright in heart. Ps. 97:11

 

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