Re: Coronavirus
You're talking about "The Economy" like it's some intangible batch of numbers and graphs and then simultaneously in the same post mentioning people unable to make rent. "The Economy" is not the Dow. 10 million people went unemployed in the last two weeks, a third of people can't make this month's rent, and people aren't going to be able to pay their mortgages.
As for this:
My guy, seriously, do you really think most people aren't saving money because they're just spending it on avocado toast or something?? 40% of Americans can't cover an unexpected expense of $500 (and that was before all of this *gestures wildly* happened). If you're living paycheck to paycheck good luck saving 3 months of your salary.
Holy freaking smokes. I love you guys but let's get up to speed here a little bit.
Originally posted by Offsides Guy
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Originally posted by D2D
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As for this:
Imagine how much less economic panic there would be right now if ... most people could go 60 to 90 days covering their basic expenses with cash they've saved?
Holy freaking smokes. I love you guys but let's get up to speed here a little bit.
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