GDP can drop 20 percent as coronavirus slams economy: Chan

GDP can drop 20 percent as coronavirus slams economy: Chan


Author: Kevin Mason

58 thoughts on “GDP can drop 20 percent as coronavirus slams economy: Chan

  1. AMERICA IS SAFE…
    PRESIDENT TRUMP AND THE REPUBLICANS ARE ON POINT FOR AMERICA AND OUR SAFETY.
    GOD BLESS US ALL…
    GREAT SHOW FOX NEWS.

  2. Watch for phishing scams via food delivery sites that are fake…you will know when they ask questions that are not necessary for transactions.

  3. I'm no expert, but I bet the quarterly numbers will NOT be that bad. Everyone has STOCKED UP on supplies, so wouldn't that BOOST some numbers?

  4. A TRUE LEADER HAS THE CONFIDENCE TO STAND ALONE
    THE COURAGE TO MAKE TOUGH DECISIONS
    THE COMPASSION TO LISTEN TO THE NEEDS OF OTHERS
    HE DOES NOT SET OUT TO BE A LEADER
    BUT BECOMES ONE BY THE EQUALITY OF HIS ACTIONS AND THE INTEGRITY OF HIS INTENT.
    THIS IS AMERICA'S CHOSEN PRESIDENT DONALD J. TRUMP !
    🇺🇸💪🇺🇸💪🇺🇸💪🇺🇸

  5. I feel like the media and some of the experts interviewed are trying to fight the stock market rally. That's just the impression I get.

  6. All of this talk of economic recovery is predicated on the assumption that C-19 is no longer spreading in 3 months.
    OK, and what if your wrong?

  7. "A recent controlled clinical study conducted by Didier Raoult MD/PhD, et al. in France has shown that 100% of the patients who received a combination of hydroxychloroquine and azithromycin tested negative and were virologically cured within 6 days of treatment."

    "As a Pandemic, Covid-19's days are numbered."

  8. A 20% drop in gdp is better than 100% drop with no rebound, plus the loss of major industries like the airlines, auto, ag, and loss of human capital.

    The US will rebound much better than Eu & Asia, since they were already in recession.

  9. However if the World's GDP is dropping simultaneously would that not allow for a curve? The media's sensationalism borders on insulting. Please show you are above the fray.

  10. Your rights taken away little by little, with every disaster. 9/11 and now that Fisa needs to be renewed this epidemic. This is how one world order is placed right under the peoples noses.

  11. His model is probably not far from reality, but people we can’t keep making the same Globalist Mistakes! We wouldn’t be hurting this bad if goods were MADE IN AMERICA, let’s learn the lessons of being Import Dependent!

  12. AMERICA TRUST'S PRESIDENT TRUMP AND THE REPUBLICANS.
    AMERICA IS SAFE.
    THANKS VICE PRESIDENT PENCE…
    THANK YOU SENATOR MCCONNELL…
    REPUBLICANS MAKE AMERICA SAFE AND SECURE…
    TRUMP/PENCE FOR REELECTION IN NOVEMBER 2020…
    GOD BLESS AMERICA…
    I'M VOTING FOR REPUBLICANS ALL THE WAY…
    THANKS AGAIN PRESIDENT TRUMP… WE THE PEOPLE ARE READY…

  13. CABAL AND CHINA DID THIS. CABAL IS TRYING TO FORCE US TO GIVE THEM THINGS. IN ORDER TO HELP AMERICA AMERICANS AND LEGAL IMMIGRANTS….

    ALL AMERICANS AND LEGAL IMMIGRANTS LET THE NEXT FEW WEEKS BE USED TO PRAY. TO UNITE . FOR AND WITH PRESIDENT DONALD J TRUMP AND HIS ADMINISTRATION . AND THAT THE EVIL CABAL CHINA AND CABAL MEDIABE EXPOSED.

    THEY ARE TRUELY OUR FOREIGN AND DOMESTIC ENEIMES!!!!!

  14. BS ! He is making this up. Forth quarter will be consumed by the virus returning in the 2020 Fall season.

  15. More bull dookie to con the suckers into staying in the market so douchebags like these guys can have something to steal. Spin a crazy yarn pulled straight out of the booty than ends with the economy being awesome in a year, and the marks will leave their retirement money in until they go bust in the next month or two. They are just trying to steal everything they can on the way to collapse.

  16. Trump needs to immediately impose a moratorium on negative credit reporting and late payment charges for 3 months or so. This one act will take the place of having to get thousands of creditors to agree to help and defer payments for people.

  17. FREE MONEY!……..the Nanny State IS the answer! ……FREE MONEY! ……… no need to work for it any more, the Big Government is here with FREE MONEY! …..who cares about a culture of dependency, look at all that beautiful FREE MONEY!…….. Trump is just like that other famous conservative he compares his policy with – Franklin Roosevelt! Step right up and get your FREE MONEY!

  18. The Federal government completely missed the point of the support of middle class American workers, what should have happened is a 90 cessation of loan, lease and rental payments for all individuals, corporations, and small businesses period end of story, the missing capital could be prorated over months or years once the economy started again. the only money needed after that for survival would have been for food and fuel a much smaller capital expenditure than two trillion dollars. This also provides incentive for once the crisis is over for workers and businesses to get going right away. The Banks can be on hold for 90 days and the Federal government can pay lost interest on loans directly to banks instead of these gigantic corporate payments and cash to public. The Airlines DO NOT need to be flying right now at all (except emergency travel only ) The airline staff and operation can be put in a "coma" until June or July then everyone goes back to work as if June first was tomorrow. Boeing did not need a bailout they needed to suspend operations and creditors could be told that no payments made until 6 months and the Federal government could remunerate the interest lost directly to banks. No need for trains airplanes or public transport right now just PAUSE all non essential endeavors . Our leaders have simply thrown cash at this problem for more reasons than explained, the simplest answer is right in front of them and they are blind to it. The American people need to survive a government mandated economic coma and thus the burden of debt is on the Government and not the America citizen directly according to the Constitution the fifth amendment lost property value etc must be replaced by the government at a fair market value folks loosing business and wages due to mandates should have that value replaced until the government reopens the economy.

  19. lol oh yea theres absolutely NO underlying problems at all, its not like we just kicked the can down the road in 2008 or anything no thats crazy talk , pssshh no wayy at all. its all good !!! 🤣🤣🤣🤣 and no people im not a effin lib im just looking at the economic reality. inflation WILL follow in the coming years

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