First goes the love, then goes the money. The stock crisis moves to the banking industry. Of course, it was only a matter of time wasn't it? Eighty six percent of Americans own no stock, yet their lives will be affected. No restitution, no givebacks or tax breaks. Lost jobs marriages and credit ratings. Another lost decade taking it on the chin in somebody else's fight. From the loudest most verbose self-promoting alternate reality administration ever to hold power in the United States says, "Duh What?"
It always shows the market confidence when you don't show up for your own press conference. You leave cabinet officers standing around introducing each other with nothing much to offer in the way of details. Speaking against the boss will get you fired and since no one knows from minute to minute what the boss might think, no one gives an opinion without the boss in the room.
It's not that the big orange ape doesn't know what to do. No, I'm sorry, I lied, it's cause the big orange ape doesn't know what to do. Gee that economic adviser looked so good on TV but it's not his fault. This is real economic advisor work not TV economics advisor work. The difference between being a tractor salesman or being a farmer. This is the point where the orange ape reaches out for expert opinions and if Shawn Hannity wasn't available, he could ask Judge Jeanie.
It's a trifecta, corona virus, stock virus and societal virus.
So, Missing in Chief tweets: America is the Greatest Country in the world. We have the best scientists, doctors, nurses and health care professionals. They are amazing people who do phenomenal things every day".
More at: https://carbonbaselife.car.blog/2020/03/12/first-goes-the-love/