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Old 04-11-2020, 10:17 PM   #1189
Adder
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Join Date: Mar 2003
Posts: 17,177
Re: Scott Galloway on the bailout

Quote:
Originally Posted by sebastian_dangerfield View Post
We’ve already said yes to bailouts. $500 bil worth. But it’s not nearly enough.

But don’t worry... The market is going to get sawed in half soon.

And it’s going to be seriously satisfying.

The people who think they can escape this are the best. Engaged in the most delusional thinking... that’ll they’ll survive a total pullback of 70% of the economy (consumers are that much of economy).

They won’t go to the guillotine of insolvency with the snide aplomb of the French aristocracy in that revolution. They’ll cry and scream for more Fed bazookas and go through the 5 stages of grief in a brutal crash course. They will go down scratching, rat-like, desperate.

Let. Them. Burn. Reset time.
Zero. Judgment. About. Anything.
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