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You seem to believe that 'stocks' are some abstract entity and are relevant only to the lives of people without grandmas to hang. We don't live in a vacuum. Ec
by kinkrtyavimoodh 7y ago
You seem to believe that 'stocks' are some abstract entity and are relevant only to the lives of people without grandmas to hang.
We don't live in a vacuum. Economic activity is not some cute thing people do in their free time. Recession also costs lives, including those of some grandmas.
- majormajor 7y agoYes, and one of the interesting questions would be *why is our government so much more effective at propping up "the stocks" while everyone loses their job? There's miles of room for argument over the economic policy response. But instead what we get is "the economic effects aren't worth it" where none of the assumptions are quantified.
- nate_meurer 7y agoOur economy has fallen off a cliff, and we have no view of bottom yet. What exactly do you expect anyone to be able to quantify at this early stage?