This is where my mind wanders,

When thinking about the aftershock. The summer/fall.

Stuff like this. And don't forget the numbers, ( I'm a numbers guy so can't help it). The "20%" club is only 20%. There's 8 more people in 10 far worse off........And if the snowball gets going, the few are going to rue it. Just think about real estate in the GTA the last 10 years...since 08.

Nothing from the feds about seasonal workers that get through winter and look forward to April. And the job market.......

Nothing about who knows how many people...countless, that may not go back to work because $35,000/year isn't worth getting Covid and killing their spouse/child/mother, etc.


[COLOR=#1D2129]Across income levels, the numbers stay mostly the same. About 44 per cent of households making under $25,000 per year have experienced some type of job loss, which is the same as households making between $100,000 to $149,000 per year. Hardest hit are households making between $25,000 and $49,000 per year, where 48 per cent have experienced some type of job loss.

https://nationalpost.com/news/nearly...lds-have-lost-

It's pretty easy for the PEEM to come up with billions when,in reality,not one dime will ever appear. They have a very long history of style over substance.:rolleye:

Yet markets up second day in a row????nothing makes sense anymore.

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Originally Posted by huntervinni

Yet markets up second day in a row????nothing makes sense anymore.

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Just imagine if they took cnn off the air markets would do fine

Watch cnn for ten minutes worlds coming to the end they are all such downers

Quote:

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Originally Posted by huntervinni

Yet markets up second day in a row????nothing makes sense anymore.

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Trump announced that the US would be back in business by easter, lets see how that plays out.

Personally I wouldn’t watch the markets.

Fords announced this years budget.

-small amount for people with kids under 12
-3.3 billion to help pay the medical bill
- 1 billion set aside as emergency reserve
-Deficit to grow to 20b from 9b
-Predict zero economic growth for 2020.

The last is optimist imo. Most economist are think we’ll lose 4-5% GDP. Which means the deficit is going to be far higher when revenue doesn’t meet their forecast.

So much I might say about the past....and who is paying the prices. I pray things don’t South too much.

And thier taken in 50% less tax money

The federal and provincial governments of this country are falling all over themselves to show that they're doing all they can to mitigate the financial damage from Covid-19. After there's a complete accounting when this virus subsides and the financial fallout is calculated,I doubt there'll be enough money left to have a wienie roast.

Western civilization is not meant to stay home.....industry must continue in order for us to thrive and get by. Why do you think Trump said everyone in church for Easter?? Life must move beyond this and we must get back to business.

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Originally Posted by fishermccann

Trump announced that the US would be back in business by easter, lets see how that plays out.

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He said he'd like to see people going back to work and things to be over by easter, but it could be longer.

People don't understand how badly migrant workers are needed for Ontario/ CDN farmers . My dad use to work farms with his father back in the Dirty 30's in Southern Ontario. Back breaking, dead dog tired, dirty, low paying work but that was all there was back then. No free ride on the Pogey Express like now. I read somewhere we hire 50-60 thousand workers to put grub on our tables. Those workers in turn shop at local stores for use here and to send back to their homes wherever that may be. Fruit trees need pruning now ! If not they won't produce properly and could affect them for years. We will be paying a lot more for fruits and veggies this fall.

As for the powers that be ? The last time I remember the Earth standing still was the Cuba missile crisis. Well here we are at the start of another global crisis and we can only hope that those elected to look out for us are up to the task. Keep in mind... they are only human but by working together and listening to the experts we shall survive this lesson because guaranteed this won't be the last.

The economy will bounce back... it always has. True some will lose jobs or business or money on the Stock Market but we will get back to work because that's what we do. Besides.... who do you think is going to pay for it all ?

I see one greenhouse needs 90 worker right now.

Lots of sobering data out yesterday. With March 31st being most companies fiscal Q2. We can expect more over the next couple weeks.

Job losses were staggering. A number of companies in different sectors also showing bad signs. The scariest will be housing, real estate. This being the traditional spring market......not sure when we will start seeing data. May I’m guessing.

This is but one aspect.
https://business.financialpost.com/e...box=1586438137