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CORONA VIRUS. Is it out of control?, page-5144

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szaba_the_hut

14,116 Posts.

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21/03/20

09:01

Post #: 43617847
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Originally posted by cletus2: ↑

Add to that the US markets, they have locked down New York and the infection numbers are getting terrifying. Who knows how how low it could go, I've pulled a 75% drop peak to trough here so that is All Ords 1800. Think I'm a pessemist? Steve Mnuchin said 3 days ago that the US could have a 20% unemployment rate if they don't take strong action, and they are really bungling the response due to the idiot they've got in charge. And this isn't a slowdown, this has turned off the economy in a 2 week period.

Unemployment in the US could soar from record low levels to 20% if strong action is not taken to tackle thecoronavirus, the US treasury secretary, Steven Mnuchin, has warned, as officials saidCovid-19has spread to all 50 states and the mayor of New York City accused the president of sidelining the US military as the crisis unfolds.

https://www.theguardian.com/us-news/2020/mar/18/steven-mnuchin-coronavirus-unemployment-treasury-secretary

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What does putting the military into harms way in NYC do? Does DeBalsio think people should be shot in the streets if they need food and essentials and leave their apartments?
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