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Utopia Talk / Politics / -33%
Rugian
Member
Thu Jul 30 07:44:41
All you pro-shutdown people, here's your opportunity to reaffirm your belief that it's totally worth it. You fucking assholes.
Habebe
Member
Thu Jul 30 07:55:47
That is a misleading # though since that would be if the last quarter lasted all year.
Paramount
Member
Thu Jul 30 09:10:46
US economy collapsed 32.9 percent Q2 amid pandemic: government

The US economy collapsed in the midst of the coronavirus pandemic, contracting 32.9 percent in the April-June period, the government reported Thursday.

The decline, slightly less bad than expected, was the worst on record, dating back to 1947 -- although the Commerce Department figures are an annual rate so not comparable to the quarterly contractions reported in other advanced economies.

The plunge in GDP was driven largely by the drop in consumer spending, the largest component, which fell 34.6 percent annualized, according to the first estimate for the second quarter.

http://afp...d-pandemic-government/a/qL2EAw


I go out everyday and eat lunch to support some of my favorite restaurants. Then I continue to some café where I have some coffee. I try to spend some money despite everything, to support the local stores and the economy. I’m not particularly worried about getting covid-19. I just make sure to keep distance to people and to wash my hands regularly.

But if I lived in California, Florida, New York or in any other place where there is a massive outbreak then I’d be more worried.
Average Ameriacn
Member
Thu Jul 30 09:54:20
"slightly less bad than expected"

Trump saved the economy, without him it would be much worse.
Habebe
Member
Thu Jul 30 09:59:52
Paramount, Isnt Sweden like one of the worst hit areas?
Rugian
Member
Thu Jul 30 10:27:05
Looks like someone's trying to distract attention from the news.

----

Pinned Tweet
Donald J. Trump
@realDonaldTrump
2h
With Universal Mail-In Voting (not Absentee Voting, which is good), 2020 will be the most INACCURATE & FRAUDULENT Election in history. It will be a great embarrassment to the USA. Delay the Election until people can properly, securely and safely vote???
Rugian
Member
Thu Jul 30 10:29:15
Habebe
Member Thu Jul 30 09:59:52
Paramount, Isnt Sweden like one of the worst hit areas?

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That's pro-lockdown propaganda. Sweden racked up a high death count early on because its socialist system decided to ration care to the sick, but otherwise it's doing fine.
Dukhat
Member
Thu Jul 30 10:43:18
Rugian’s stupid is so huge, aliens can see it in space without the use of microscopes and chose to ignore our species.
Rugian
Member
Thu Jul 30 10:44:31
So in other words, I singlehandely stopped a potential alien invasion? Go me!
Seb
Member
Thu Jul 30 11:04:49
Rugian:

No, just turned it into an extermination event. Relativistic impactors are inbound.
hood
Member
Thu Jul 30 11:19:02
Ok jergul.
Nimatzo
iChihuaha
Thu Jul 30 11:23:26
I have not bothered to read the study, but as reported in Swedish media, Swedish economy is doing only half as bad as the lock down countries hit the hardest, but equally ”bad” compared to the other nordic countries. Which indicates we have gained nothing by letting all those people die.
Dakyron
Member
Thu Jul 30 13:12:35
Sure looks like Sweden shrank 6% while Norway shrank 8.5%. Judging from google results.

Sweden 10M people - ~5,700 deaths

Norway 5.4M people - 255 deaths.

Yeah, OK, that is quite a difference. About 2000 people per 1% of GDP.
Nimatzo
iChihuaha
Thu Jul 30 13:29:43
It’s based on forecast for the entire year according to BBC, but also how much of Norways shrinkage is due to the collapse of oil prices?
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