The VIRUS has got me !!!!

[JimT]

I hope you're right.

In the short term stuff will be cheap, then expensive when it's all gone and the supply chain lags. All this new money will just make these limited items even more expensive. And the longer the economy is shut the down the worse this cycle will be and the longer to recover.

If we get lucky the porkulus bill will truly help cover the gap and businesses will be able to quickly get back up to speed, but that would be the best case scenario.

More likely, in the long term we will lose many businesses and many of the items we are used to getting quickly and cheaply recently will be limited and expensive. Whether or not that remains the new normal or we return to where we were before the COVID overreaction is not yet written.

As to the dollar devaluation......Given many other nations will have to take similar actions as the US, I doubt the dollar loses standing. I don't think hyperinflation is likely, and I don't think we will even see the inflation rate of the late 70s.

I will consider it fortunate if by the end of the year unemployment is less that 8% and housing values have only dropped 10%. We can recover from that but we need to start opening things now.

Well now is as good a time as any to let us know what’s going to be in short supply and expensive. I have a plentiful supply of bullets, primers and powder so you can exclude those.

 

[nilebartram]

China is over 4000 years old, United States is only 250 years old. The chinese invented gun power. We would not be on this forum if it was not for them. nilebartram

 

[Adam in WI]

China is over 4000 years old, United States is only 250 years old.

Doesn't mean diddly. The name China might be older than dirt, but our republic is older than the PRC.

 

[nilebartram]

Adam- you are correct about the People's Republic of China, was not referring to that China, sorry. Believe me I know about that China, (PRC). I lived in Taiwan when it was called Formosa. nilebartram

 

[Shrek]

Thanks Larry ! I received my trigger today.

 

[maxscm]

No not my body, I'm OK, but the virus
economy has brought my business to a halt.
I havent mailed a trigger in 6 days. I'm sure this
is just the beginning w/the worst yet to come.
Ya'll stay safe. LDS

Incoming Order Larry!!

 

[LarryDScott]

Thanks David, I appreciate the business. LDS

 

[LarryDScott]

I thought we were talking trigger business in my original
post then it drifted to world affairs . LDS

 

[lightman]

I need a spare trigger too. I'll be ordering in the next 24 hours or less.

 

[LarryDScott]

I need a spare trigger too. I'll be ordering in the next 24 hours or less.

Make it less, I'll need to sell a lot to offset today's loss.
LDS

 

[Zero333]

Half the economy has ground to a halt. I shudder to think what would be happening without the government printing money.

Your government doesn't print it's own money. The privately owned Federal Reserve prints the notes and lends it to your government at very high interest rates which you pay off with your taxes. It's a scam on America.

 

[antelopedundee]

Be afraid, be very afraid

.https://www.washingtonpost.com/us-p...ebt-risk-tipping-point-after-pandemic-passes/

What would you do to protect yourself and family ?

A good read. I don't know how much differently it would have turned had we taken this more seriously, but they basically had no choice to to offer some sort of aid.

 

[Gina1]

A good read. I don't know how much differently it would have turned had we taken this more seriously, but they basically had no choice to to offer some sort of aid.

I agree... Considering 30 million unemployed in less than 6 weeks. Yikes !

 

[fyrewall]

The 1st Tuesday in November (11/3/2020) will come. After 10% off the top for God's work, almost all of my stimulus(?) money will go for fed, property, state taxes, & Medicare payments .

Larry's trigger business has been hit by the "ripple effect" created by disconnected politicians & bureaucrats.

 

[Grimstod]

My own business has never been better. Laid off from the day job but basically working full time at home on the lathe and mill.

 

[Texas10]

Now that's a man with a back up plan. Hope for the best, plan for the worst.

If you depend upon other people for gainful employment, you're eventually going to be disappointed.

 

[antelopedundee]

The 1st Tuesday in November (11/3/2020) will come. After 10% off the top for God's work, almost all of my stimulus(?) money will go for fed, property, state taxes, & Medicare payments .

Larry's trigger business has been hit by the "ripple effect" created by disconnected politicians & bureaucrats.

And sad to say scumbag/s too. FWIW the WH an't even keep the virus out of its own inner circle. It's going to be a SLOW re-opening when it starts. Cases in this county here are going up not down.