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Topic	The U.S. economy has gone to shit!
zebatov 08/01/20 12:28:29 AM #24:	WhiskeyDisk posted... It's worse than anyone even realizes tbh. No tourism, no media, retail is hemmoraging, restaurants that have a 30% profit margin are trying to run at 50% capacity. Warner Bros alone is looking at almost $1B losses this year. Random food shortages. The supply chain itself is in distress. Very few people even see the impending collapse coming and it's going to make both '08 and 1929 look like a blip. We're going to look like Greece next year at the rate things are going. Its insane that our dollar is still so low then. I would expect 2008-levels of buying-power in the US if its economy was doing that poorly. --- C was right. <cite>zebatov posted [p:942847141] in The U.S. e... [t:78884286]...</cite> <quote>WhiskeyDisk posted... </cite> <quote>It's worse than anyone even realizes tbh. No tourism, no media, retail is hemmoraging, restaurants that have a 30% profit margin are trying to run at 50% capacity. Warner Bros alone is looking at almost $1B losses this year. Random food shortages. The supply chain itself is in distress. Very few people even see the impending collapse coming and it's going to make both '08 and 1929 look like a blip. We're going to look like Greece next year at the rate things are going.</quote> Its insane that our dollar is still so low then. I would expect 2008-levels of buying-power in the US if its economy was doing that poorly. --- C was right.</quote> ... Copied to Clipboard!
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