Home Forums Hunting & Shooting Hunter's Campfire 32 PERCENT……UNEMPLOYMENT

I wrote about Financial Armageddon in another thread just here a few days back, and will post it again here, along with this latest news, so you can now see what I was talking about, when the pieces of the puzzle start falling together, unfortunately.

If I put the numbers together, to show how much debt the government would have to print each month, at 32% unemployment, to stay afloat just for the short time it would work until everything just rolled over onto itself, and the resulting destruction of what is left of the economy, I’m afraid some of you would go commit suicide.

On second thought, after being continually cyber-stalked on this site, by some of the most mentally deranged people in this country, maybe I should, in the hope that they would, being it always afflicts the mentally sick.



https://nymag.com/intelligencer/202...eral-reserve-jpmorgan-goldman-sachs.html


Written, 3-19-2020:

Guys, you are looking at this totally wrong. I will attempt to paint a picture here, with words, where you can see and understand the dire situation the legs of commerce are in.

You guys are looking for low valuations in a normal working environment (no legs of the 4 leg stool are broke), when “all 4 legs of commerce are functioning”, while you ignore the fact that all 4 legs of the stool are broke presently.

Truth is, every leg of commerce has a compound fracture presently.

Four legged stool of commerce:

1st leg – Retail customer
2nd leg – Storefront
3rd leg – Wholesaler
4th leg – Manufacturer (China-TREASONOUS)

The retail customers are losing their jobs, and some will be staring at BK.

The storefronts have been forced closed, and are staring at BK, and never to re-open.

The wholesalers are being forced close from ZERO inventory turnover, and ZERO orders, because the 1ST and 2ND legs are dead in the water, and they too are looking at BK, and never to re-open.

The manufacturers are being forced close in the USA from ZERO inventory turnover, and ZERO orders, and the ones in CHINA will have no orders, because the 1ST and 2ND and 3RD legs are dead in the water, and the manufacturers, too, are looking at BK, and who knows if they re-open.

In the above picture, how can anyone tell them self, that situation has the ability to produce profit, much less any revenue at all? BK ZEROS out your stock certificate FIRST.

A 30 day shutdown will BK over 50% of small businesses. Poof, gone forever.

And “if” “any of the lower 3 legs: 2,3,4, go to the government trough, that debt will hinder their ability to turn the correct margins in the future, to allow growth, and hire back unemployed workers.

It truly is “that” bad, and I cannot believe it hasn’t cascaded down yet, with the facts above known by everyone in business, and the financial markets.

And when it comes to the edge of the cliff, and falls over, it will not be pretty….at all.

You are looking at a picture of Financial Armageddon above. The artist just hasn’t put his name on it……yet.

If it were me, I would get out before you don’t have anything at all to survive with, through this Dark Age we are facing. It is truly uncharted waters for all 4 legs being destroyed.

I got out on the 17TH, when my position jumped back up 10%, because I know the above picture as facts, and so do YOU GUYS…now. You don’t fix that kind of destruction “overnight”, and that is why I finally bailed, because “numbers” do not lie. Math is math, and the numbers will not be making the math look good for a long time.

Quick analogy for you:

You have a 3 foot stick of pipe in your hand with flowing water. In one end, and out the other. The water represents commerce taking place. When the government screwed a cap on the end where water was coming out (Store front), what did that do to the “whole” chain of commerce?

It shut it completely down, right?

And now the government has screwed a cap on the other end, with a nipple, and they have attached an air hose, and are BLOWING MONEY into the pipe, as fast as they can, with no where for it to go (capped at both ends now-thus creating artificial commerce), because everything is at a dead stand still.

When the pipe gets to bursting pressure, what will your money be worth when it blows?

The bell just rang for class to end, and when the bell rings the markets open today, what will you do, now that you have a better picture?

I know business. I’m an ex C-Level executive, and have many C-Level friends who highly regard my business acumen. Hopefully I just proved it for you guys with the above.

Good luck guys, and may God watch over you, and your families.

Copyright © 2020 ElkSlayer91 All Rights Reserved.

https://www.24hourcampfire.com/ubbt...wants-to-predict-the-bottom#Post14678981

Just remember, I’m a troll, and don’t know what I’m talking about, MKay!!!!

Better save that $40k USD...

Trollbot.

Stanford University’s Hoover Institution (Milton Friedman’s think tank) Uncommon Knowledge has a good podcast on this #313 where the package is discussed & different ideas suggested by an economist.

Good stuff less than a half hour.

If your business acumen was so highly touted, you wouldn’t be a C level executive. Youre completely full of [bleep]

First troll on the stringer.

No one here gives a 💩 what you post here you narcissistic idiot!

Go away BOT 🤖 boy.

Second troll on the stringer.

3 RD troll on the stringer.

Yeah.

Your post came before mine.

I just troll the trolls here. You are the #1 dumbass troll here right now.

Poor Elksucker.


I'll be glad when McDonalds re-opens, and you can go back to your part time job of cleaning tables.

If the damn virus goes away, thing will get back to normal. It will take a little time.

Continue to snivel in place ruskieElkslayer.

The skinny will perish, the fat will become skinny, therefore, the fit will have less competition.

hanco, unfortunately, these idiots in government are going to destroy the nation. These idiots can't even see other nations did not completely lock down:Japan, S Korea, sweeden, etc., and people are working, so their economy will not be destroyed.

If they don't open the economy back up, so people can go back to work, and catch the virus, and set up a means to protect the high risk (85% don't even have symptoms), so they can get the antibodies and become immune, we won't have a country left.

They shut the country down, and the virus is still spreading, so where does that leave for it to be spreading from? Where is the vector?

It's the hospitals. They are the only place "open" for business, and where the workers are being exposed. That can be stopped dead in it's tracks, if the medical community incorporates, strict hand washing before and after seeing every patient, and all surfaces wiped where people have touched. The workers are becoming infected at the hospitals, and taking it home to their homes, and their communities. Remember, many don't even have symptoms, but they are able to spread it unknowingly.

It's being spread through fecal-oral transmission, from not good hygiene. The following what I just posted is what is working in other countries, where they have left their economy open for business.

Lastly, if you suppress the spread, where we don't reach 70% coverage of the population, so we can get below R(0) <1. and get onto the backside of the bell curve, you only push the threshold further out, where you keep the virus alive into next year, where you chance a stronger and deadlier virus to come back next year in a second and more deadlier wave. That is what happened with the deadly Spanish Flu, they tried to suppress it, and the second wave came back deadlier.

But, the government is not making the right moves to protect the nation. What I just wrote is hard facts starting to surface, but we are in a window right now, where every day counts.

They have to open the country back up.

That 32% will completely wipe out the nation, and I mean completely.

BOT boy, keep up the entertainment, you grow more desperate by the day. Just keep repeating broke dic commie trolls owe $40k. Too bad you’ve never had $40k.

If only we had a socialist democrat who only cares about our well being to guide us through these troubled waters.

This^^^

Also, what you face with the virus coming back next year, before you've reached <1 R(0), is the chance you can get it, AND THE FLU, at the same time when it surfaces again.

You guys want to know what those "dead right there" numbers will result in?

50% of the people over 75, would not survive that scenario.

Yeah, that's what the damn government is risking right now.


Now, you wise guys out here keep telling me I'm a russian troll you azzclowns.

And just like that...

ElkSucker proved once and for all he's a Russian Troll.