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FAUCI'S FOLLIES: St. Louis Fed Estimates Coronavirus Lockdown could Bring 32% Unemployment -- Great Depression Brought 25% Unemployment
The Gateway Pundit ^ | 3/30/20 | Jim Hoft

Posted on 03/30/2020 11:42:34 AM PDT by tatown

The Cure Is Now Officially More Dangerous than the Disease.

Thank you WHO Director General Tedros Adhanom Ghebreyesus, NIAID Director Dr. Anthony Fauci and globalist elites everywhere!

During the Great Depression the highest rate of US unemployment was 24.9% in 1933.

The St. Louis Fed projected on Monday the US unemployment rate during the coronavirus panic could reach 32% unemployment — higher than the Great Depression!

The St. Louis Fed estimated that 42 million Americans could lose their jobs.

A man-made depression is coming.

And it was all caused by faulty data!


TOPICS: Business/Economy
KEYWORDS: coronavirus; economy; fauci; panic
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To: zipper

I’m sticking with 10,000 april end, and 35,000 total after a year.


101 posted on 03/31/2020 12:13:32 PM PDT by Sam Gamgee
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To: cuban leaf

I drove past a local food bank heavy truck on the road yesterday. Immaculate truck and brand spanking new. If they have that kind of dough to spend on a truck they better be delivering the goods.


102 posted on 03/31/2020 12:18:00 PM PDT by lodi90 (Flubro)
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To: tatown

Our economy now is heavily retail and service based. Now there are 30 million or so illegals and their anchor babies. Those are two issues we were not facing during the Great Depression.


103 posted on 03/31/2020 12:21:29 PM PDT by lodi90 (Flubro)
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To: dp0622

And it’s not the one month that we shut down that destroyed everything. We can survive a month. Which is THE LONGEST it should be. That’s up in about less than 2 weeks.

It’s the panic that wreaked havoc.

Get the engine up by April 12 and we’ll be rocking


The coming political fight over numerous bailouts is going to make the lock down look like nothing. It’s going to be a long hot summer.


104 posted on 03/31/2020 12:26:51 PM PDT by lodi90 (Flubro)
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To: lodi90

I Can’t Believe how much they want to spend!!

I can’t believe how much they’ve spent already.

OK if a stimulus or bailout was needed, I don’t know...half a trillion should have been plenty.

But 6 trillion or more altogether??

We’ll be 30 trillion in debt!!


105 posted on 03/31/2020 1:18:08 PM PDT by dp0622 (Radicals, racists dont point fingers at me I'm a small town white boy Just tryin to make ends meet)
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To: miss marmelstein

Time to dust off the VHS tape, DVD, or find a streaming site for Ingmar Bergman’s “Seventh Seal”... the film classic self-help guide to playing chess with death.

“The Seventh Seal is a 1957 Swedish historical fantasy film written and directed by Ingmar Bergman. Set in Sweden during the Black Death, it tells of the journey of a medieval knight and a game of chess he plays with the personification of Death, who has come to take his life.”

“Bergman developed the film from his own play Wood Painting. The title refers to a passage from the Book of Revelation, used both at the very start of the film, and again towards the end, beginning with the words “And when the Lamb had opened the seventh seal, there was silence in heaven about the space of half an hour”.[Rev. 8:1”

And if that’s not dark enough, read about the Swedish tax authority’s persecution of Bergman for alleged tax evasion.

from NYT:

....‘Everyone Must Be Equal’

Mr. Schein said: “There’s something very Swedish about this whole case. The idea of people saying you can’t get away with anything because you are something.’ We call it the royal Swedish envy,’ and its 400 years old.”

He added: “One of the reasons Swedish equality is so advanced is that the motive behind it is not just socialism, but an active dislike of people who are supposed to be better. You have to cut people down. Everyone must be equal. Make someone who’s exceptional feel unexceptional.”

“We are a nation of intense social and moral pressures,” he said: “Social pressure and social conformity explains the stability of the system. But if you are difficult or different in Sweden it’s very hard, and Ingmar has made himself too different....”


106 posted on 04/01/2020 6:28:04 AM PDT by Covenantor (We are ruled...by liars who refuse them news, and by fools who cannot govern. " Chesterton)
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To: tatown
THE ROARING TWENTIES..!

Sooner or later this stuff is all going to go away.. And when it does there is NO one I would rather see in charge of the economy then Donald J. Trump..
Conspiracy.?? Maybe, could be that the whole thing is a putup job by the "one world leftest elites".. But I've got confidence in the American people.. We WILL be back..!! Bigger and better then EVER..!! :)

107 posted on 04/01/2020 7:05:31 AM PDT by unread (A REPUBLIC..! if you can keep it....)
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