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Keyword: 34trillion

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  • Total Cost of Coronavirus Shutdowns and Lockdowns Estimated at $34 Trillion - More than the US GDP!

    04/02/2020 6:33:42 AM PDT · by Enlightened1 · 35 replies
    GP ^ | 04/02/20 | Jim Hoft
    The folks at the conservative website Grassfire put together their estimate for the costs of the shutdowns related to the coronavirus and the amount is staggering: . Loss of Stock Market ValuationAt the end of February, reports indicated the stock market lost $6 trillion in valuation based on a drop of the Dow Jones Average from a high of 29,551 to 25,429 in the first wave of coronavirus crisis slides. Until we find a site that states the total loss due to the coronavirus crisis, based on the $6 trillion slide, we are estimating the total loss as of 3/31 (with the Dow at...