in Toronto, 63% of COVID deaths thus far are people over 80 and 85% people over 70. Negligible for people under 60. As someone over 70, I don't want economy to be wrecked for my children and grandchildren. Why not isolate people over 70 or 65? And let others social distance.
I think the total accumulate deaths from pneumonia and respiratory infections in 2020 when compared with 2019 or 2018 will be revealing. I'm getting a funny feeling about it.
The Florida Small Business Emergency Bridge Loan COVID-19
"Loans will be interest-free for the loan term (1 year). The Interest rate will be 12% per annum on the unpaid balance thereafter"
12%. Good luck, Florida.
@DavidBCollum@GreekFire23@RudyHavenstein
@maui4321@QTRResearch @neomorpheus_ The virus is merely the pin pricking the massive bubble they created. If it wasn’t the virus, it would’ve been something else. Did the virus cause record amounts of debt on every level - household, government, credit card, auto, corporate, student loans, etc?
@maui4321@QTRResearch @neomorpheus_ The Fed and Treasury are what got us into this mess and further intervention only makes the massive problem worse. You can attempt to keep putting off the depression you are so scared of, but one day the bell will toll. The longer it’s delayed, the more the pain.
For those who might be wondering, “Where did the Federal Reserve get the $1.5 trillion they just committed to injecting?”
A blast from the past explanation of how it all works. 💻