Friday, July 3, 2020

America In Crisis: Economic Turning Point | NBC News

A lot of businesses cannot survive on 50% of their capacity.  One reason is that startups may not have the strength to survive when business slacks off as it normally does even in the best of times.  This is not going to be an easy or quick recovery and a very complex system of supports will need to be devised to keep the maximum people afloat.  The citizen is the consumer,  if they cannot buy, businesses cannot thrive.  We're five months behind in our rents and counting.  Will rents absorb all supports, or will their be some kind of across the board relief, since this failure was through no ones own fault.

We must not forget "Hoovervilles" Republicans, during the great depression, would have let everyone fend for themselves with no gov't assistance of any kind.  That would have left us in very bad shape for the coming WWII.  Obviously the nations that recover the quickest will be in a position to buy up the resources of those who take longer to get on their feet.  That means that under Republican leadership, get ready for a huge wave of foreign ownership of much of America.

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