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US GDP to plummet 34% in second quarter: Goldman Sachs

 
Anonymous Coward
User ID: 74936686
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04/05/2020 10:54 AM
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Re: US GDP to plummet 34% in second quarter: Goldman Sachs
I'm not an economics guy, but when GDP climbs 0.5% in a quarter that's hailed as great news, right?

To crash 34%???
Anonymous Coward
User ID: 78105657
United States
04/05/2020 11:13 AM
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Re: US GDP to plummet 34% in second quarter: Goldman Sachs
Pretty good time to start buying stocks.
 Quoting: WarMonkey


Um, you realize the stock market isn’t done collapsing yet?
DOW is going under 10k
 Quoting: Anonymous Coward 10073860


Closer to 5k is real valuation
Anonymous Coward
User ID: 78745662
United Kingdom
04/05/2020 11:15 AM
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Re: US GDP to plummet 34% in second quarter: Goldman Sachs
they should have just went with herd immunity


Trump's social distancing experiment is a failure


now Trump is out saving the lives of 80 year olds while America collapses from his idiotic mistakes
 Quoting: Anonymous Coward 66291485


Fauci said to social distance. Not trump. You idiot bot.
 Quoting: Anonymous Coward 28424352


I suppose you are stupid enough to think trump gives one fuck about you or anyone else?
 Quoting: Anonymous Coward 10073860


I already don't give a fuck about you!
lashome

User ID: 78708230
Romania
04/05/2020 11:19 AM
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Re: US GDP to plummet 34% in second quarter: Goldman Sachs
One star for you, because, ummmm....

TRUMP 2020 and BEYOND!
 Quoting: Anonymous Coward 78744706


His incompetence is killing you
Anonymous Coward
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United States
04/05/2020 11:58 AM
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Re: US GDP to plummet 34% in second quarter: Goldman Sachs
they should have just went with herd immunity


Trump's social distancing experiment is a failure


now Trump is out saving the lives of 80 year olds while America collapses from his idiotic mistakes
 Quoting: Anonymous Coward 66291485


Fauci said to social distance. Not trump. You idiot bot.
 Quoting: Anonymous Coward 28424352


I suppose you are stupid enough to think trump gives one fuck about you or anyone else?
 Quoting: Anonymous Coward 10073860


I already don't give a fuck about you!
 Quoting: Anonymous Coward 78745662


Like I give one fuck about what you care about.

FFS, you people are so stupid.
Anonymous Coward
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United States
04/05/2020 12:12 PM
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Re: US GDP to plummet 34% in second quarter: Goldman Sachs
BUY BITCOIN!

rockon
Anonymous Coward
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04/05/2020 12:51 PM
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Re: US GDP to plummet 34% in second quarter: Goldman Sachs
...


Fauci said to social distance. Not trump. You idiot bot.
 Quoting: Anonymous Coward 28424352


I suppose you are stupid enough to think trump gives one fuck about you or anyone else?
 Quoting: Anonymous Coward 10073860


I already don't give a fuck about you!
 Quoting: Anonymous Coward 78745662


Like I give one fuck about what you care about.

FFS, you people are so stupid.
 Quoting: Anonymous Coward 10073860


Quit crying, bitch! Trump is your daddy!
Anonymous Coward
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United States
04/05/2020 01:33 PM
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Re: US GDP to plummet 34% in second quarter: Goldman Sachs
34%. Not Great, not Horrifying.
 Quoting: Anonymous Coward 73573537


Hate to see what you consider horrifying
Anonymous Coward
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United States
04/05/2020 02:25 PM
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Re: US GDP to plummet 34% in second quarter: Goldman Sachs
The market is irrelevant. Doesn’t matter if the whole thing crashes to zero infact that’s what smart people want.

We need to get rid of the casino you call the stock market. Let it burn to the ground. Then abolish central banks.

Our banking system needs a total rebuild without anymore large centralized banks.

All banks should be small and local.
 Quoting: Anonymous Coward 28424352


The Antichrist likes this
Anonymous Coward
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United States
04/05/2020 06:27 PM
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Re: US GDP to plummet 34% in second quarter: Goldman Sachs
There are negative interest rates now. Get your money out of banks today. The dollar is worthless and banks will go bankrupt. Buy gold, canned goods, foreign currencies, and guns.

The US is becoming Communist.

Don't be surprised if Trump nationalizes airlines, hospitals, car companies, the media, and banks soon.
 Quoting: Anonymous Coward 78709798


he already did. thats what the 6.2 trillion dollars was.

there is no private sector.
Anonymous Coward
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United States
04/05/2020 06:27 PM
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Re: US GDP to plummet 34% in second quarter: Goldman Sachs
The market is irrelevant. Doesn’t matter if the whole thing crashes to zero infact that’s what smart people want.

We need to get rid of the casino you call the stock market. Let it burn to the ground. Then abolish central banks.

Our banking system needs a total rebuild without anymore large centralized banks.

All banks should be small and local.
 Quoting: Anonymous Coward 28424352


clappa


Get rid of the rentier class as sell.
Anonymous Coward
User ID: 77440332
China
04/06/2020 02:49 AM
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Re: US GDP to plummet 34% in second quarter: Goldman Sachs
Possible collapse has become real collapse.

Americans had years to prepare for the collapse and now it's too late.

Warning everyone to prepare before a disaster makes you feel like a nutjob, a genius if you did stock up, and an idiot if you didn't prepare.

All that you have now is all that you will ever have. What will you do when you run out of supplies?

This collapse is permanent. This lockdown has destroyed the economy. There will be no more supplies coming. Martial law is being enacted, and riots, starvation, looting, and Civil War 2.0 will break out. The electricity, water, and Internet will be shut off.

What will do now? You can't go to the bank, the banks are closed, and your ATM card will stop working soon. The dollar is worthless and hyperinflation will start. You can't go out and buy guns, a boat, gold, food, and a second passport today.

Everything is closed. You can't escape because the borders are shut and every country is the same.

The US is finished.

The best patriots can do now is try to attack checkpoints, and try to take over military bases and police stations.





GLP