World Blog by humble servant.The lock down CREATED BY God Plague which will be lifted 5-15-2020 it's not merely destroyed jobs and the unemployed lost their Healthcare.

The lock down  CREATED BY God Plague which will be lifted 5-15-2020 it's not merely destroyed jobs and the  unemployed lost their Healthcare. The income of people have been suspended but not their expenses things can't go back to normal when stimulus will not match the expense. You should immediately suspend all rents and mortgage payments that should extend for at least 90 days after reopening or for duration that matches this lock down only that will prevent the wholesale destruction of small business small-business which employed 70% of the private Workforce. You shall have mortgage forgiveness and anybody with the mortgage under $200,000  is not going back to work should have their mortgage wipe clean for they won't be homeless things are never going to be the same again if we don't act on these things that seem radical right now then you will witness what no one in history witness a total meltdown of the mortgage industry and in the joblessness will exceed anything in history so these things like mortgage forgiveness and and guaranteed income that's the only thing that will keep the economy going if people have money and then at least you get tax revenues to supplement and cut where we can until we get down the road. Total Industries have gone away you just don't know it we haven't went back to work yet and no matter how quick can you get back there never coming back it's just that simple there's always consequences of actions and deeds and events. Most families will run out of cash in less than 10 days and nearly 48% are at risk with default and 25% are in default now if this is not done we are looking at a Cascade failure which will Ripple through the total economy wiping out commercial property retail stores restaurants and businesses that engage in personal contact from Simply getting your haircut. All these areas and things will never go back quickly because of the stigma of closeness so prepare to make real decisions now for the essence of time we can't get caught up in politics no spending money it's too late for that. I am concerned that the lock down in the economy will indeed make the Great Depression appear to be a trial run. It took three years to reach 25% unemployment because of two factors 1. The Dust Bowl we're 40% of the workforce had been employed in agriculture 2. Agricultural jobs were also destroyed by the invention of the combustion engine as in tractors. The Plague and Market crash now infliction with financial crisis of 2020 has already created over 15% unemployment and one month showing the rate of decline has exceeded that of the Great Depression. This immediate crisis is destroying brick-and-mortar businesses shifting everything to online this trend is going to wipe out an Untold proportion of employment this time in the service industry, which accounts for nearly 70% of the economy we are facing a similar descriptions of jobs on a grand scale commonly referred to a creative creative destruction . If the suspensions I'm recommending are not taken, and we do not suspend expenses to match the suspension and income, we are looking at economic decline for 13 years into 2032. There is no amount of stimulation that will save the day when the expense side is also superseded.

Comments

Popular posts from this blog

World Blog by humble servant. Abortion is murder. Who is more Evil than one who has receive the commandments and choose to disregard it. You will surely have to Pay in increase retribution now!!! To remind you in hopes in hopes of reverence as a reminder for you of the promise eternal retribution and increase retribution for evil you have brought upon the people in such a total contradiction of the word death in murder. PROMISE trash! And you wonder way people can just shoot another human being creature .OVER NOTHING! It's your fault !!!

World Blog by humble servant.I'm just simply saying that I, as a Democrat ,I feel that the two can co-exist. I know this because they always have. Socialism and capitalism have always co-existed in America. I also believe in freedom. I believe options are a form of freedom.