"My plan for reopening the country is to do more testing," said every worthless turd in Congress while hallucination we will have enough tests to do that before the economy crashes. (If you don't get a credible status report on testing by today, assume it isn't the answer.)
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I hope you are right, just frustrated that the PPP plan covers 5 weeks of costs for most and in 8-12 week shutdown, its going to do harm to a lot of businesses, mine being one of them. Took it out thinking it would help. Going to bankrupt me instead
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I should have just fired everyone and protected my equity to have a chance to reopen, now I'm stuck with a massive loan and no income, going to lose it all instead of half
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The cracks in the supply chain are going to be YUGE. The media just isn't talking about it.
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Really? Oil is down 56% to below $8/barrel. States like Alaska, Texas, Louisiana, Oklahoma will be devestated.
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The negative WTI oil price just signaled that they ran out of storage capacity for immediate oil delivery in Oklahoma. Price for the following month deliver, and for Brent crude, was still positive. Just means production didn't slow down fast enough to avoid overfilling the dam.
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Oil markets and net pension liabilities come to mind as two things broken
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Well...maybe oil?
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