An Argument for the Propped up Economy

First, thanks for stopping by if your reading this. Note, this is just my observation of things and could be wrong, but using my own qualitative analysis of the economy and things to for come. I do have an MBA and am a certified project manager (PMP), but means little in todays' times.

My concern right now is the economy. Information warfare is everywhere; surrounding all of us. Since the start of this virus, in mid Jan; it was very obvious what was going to happen next. I spoke with my friend in mid Jan and when we observed the Chinese govt locking down Wuhan along with a no train, bus, and a flight order; it was a red flag for more bad things to come. China as we all know is an economic powerhouse. For the govt to enact all of these conditions over the welfare of the economy, meant that it had to be bad. When my friend and I spoke, we mentioned that flights would be cancelled, people would stock up on food, people in the US were going to get sick, and the economy would get nailed. So far, all of things have happened.

Why is the economy slowly crashing? It's because the day-to-day reality is starting to hit the average American. Where do I work, how do I buy food, I work limited hours, I'm a daycare worker with a sick mom at home; where will they go? How do I pay for my house, can company that goes bankrupt continue to pay me?

When this whole event started, it was misleading to assume no one sick was coming to the United States. My friend's wife came back from China with the flight cancelled and having to pay $1200 to goto an earlier flight. Ya, we saw this one coming. She came back 2 Feb and no one screened her, followed up with her, and etc. Luckily, her job let here stay home for 14 days; well before it was heavily pushed. Knowing how easy it was for people to come back, it was just a matter of time. With the madrid amount of muddled information being put out, everyone is hand shaking plus self high-fiving one another; it's all a wash.

When initialing a first time conversation with your fellow friends and family, they think your on the deep end. Why are you prepping? All you have to do is look online with /r/coronaviurs and see where this was going. Did anyone assume that Italy would utilize a full lock-down? Prior to that, people have been cancelling flights, booking less travel, along with gas prices crashing in the background. People are starting to forget the events of 2001 and 2008 when the warning signs were all around. Now is this a doom and gloom event? No, but it's an adjustment. Props to the govt wanting to bail everyone out, which I think is good, but where are you going to borrow it from and will this drive inflation?

Now to the stock market. Nobody wants a crash and burn stock market; but the events are slowly taking shape due to people getting fixated on one thing; collecting their money and letting the stock drop. For example, when Joe Bidden won super Tuesday, it made very little sense on why it was going up; but people ran with it. I understand the stability piece, but it makes no sense. When the government utilized quantitative easy, nothing happened and stocks fizzled. Today stocks soared, but here is the question for everyone?

1. What will keep stock prices up?
2. How do you perm counteract the affects?
3. Is day trading affecting the real conditions of the stock market?
4. Does an average Joe assume that all is well in 60 days?
5. If people are not working, where will the money come from for companies to post record profits?
6. Are we in trouble when the stock market makes bitcoin look like a safe alternative (joke intended).
7. When can the jailed citizen journalist of certain countries speak? Don't care much for cnn, time, foxnews propped up stories about cleaned up field hospitals and returning life. You need to hear it from the people who mattered; real citizens.

Just some thoughts. The goal is not to sulk, but to create a real solution that overcomes anxiety. Sadly, this does require time. Regardless, every countries LEADER needs to be fully accountable and quit pointing figures; figure it out. It's what you were elected/took over (for those without a choice) for a government to do.