Economic Stimulus -- US Stuck with the Check Again

I mean, it's not like a lot of foreign companies and countries aren't going to benefit from it. But I haven't heard where any of them are going to pitch in. So it'll be like the Marshall Plan all over again, with "Thanks for the trillions in cash, America! But just so you know, we''re going back to hating you as soon as we get back on our feet."

originally posted by: Blue Shift
I mean, it's not like a lot of foreign companies and countries aren't going to benefit from it. But I haven't heard where any of them are going to pitch in. So it'll be like the Marshall Plan all over again, with "Thanks for the trillions in cash, America! But just so you know, we''re going back to hating you as soon as we get back on our feet."

Well..

Once a product is sold by an American company, it's technically American even if it was sourced from China or elsewhere. Things are bought en masse dirt cheap, shipped in bulk to our companies, and then they mark it up to flip it. All of their expenses in purchasing it and shipping it are made back and a profit it also gained. It's like drugs, except little plastic toys that kids will fiend for, embarassing their parents in the store and also pulling on their heartstrings and human desire to provide for their offspring (like all intelligent animals).

They technically would benefit in a mild, trickle down manner somewhere down the road but nothing substantial. $1,200 isn't alot and many people will use it to pay bills, late bills, fines, their cars, but also to waste on things like fast food, phones, new toys and clothes. American companies are who benefits, as well as the American citizens. Plus it puts everyone in a good mood. Morale and mood is instrinicly important to the markets and companies. Higher profits are needed to keep people employed instead of the company pulling the rug out on more and more of their workers.

The other way that they could benefit a small amount would be from direct purchases from companies in their countries by American citizens. Not much to provide much of a noticable economical boost for them.

Of course the Govt is going to try to get some of the money back, but we unfortunately don't even know who the next President for four years is going to be. We all know who we'd like it to be and can write page after page on it but it's technically a toss up at the moment as usual. That's democracy for you.

Lala land...

a reply to: Blue Shift

Only central banks are going to benefit from it.

Greatest Ponzi scheme ever.

Use worthless "money" to ensnare the world and then when they default by design, you buy up anything and everything of real value.

Then you got these clowns telling people, but mostly targeting millennials, that NOW is a good time to buy stocks..

Its insidious.

The market overall lost 10k points, bounced back 3k and lost another 1k at the close the last Friday.

Everything the FED and Government has tried so far has failed.

50 billion a day? Nope.

500 billion a day?? Nope.

1 trillion a day??? Nope.

Let's dump 1.5 trillion into the market to help with liquidity. Did that help? Nope.

2 trillion dollar "Stimulus Package" BAILOUT? Nope.

The market has been unimpressed.

But yeah! Let's buy the dip!!

!!!YOU NEVER BUY INTO WEAKNESS!!!

You buy into strength.

Be prepared for stimulus round 2, 3, 4.....🤷🏽‍♂️

The FED said they have UNLIMITED funds for this, so NOTHING at this point is off the table.

That includes bailing out ENTIRE CITIES AND STATES if needed!!

It was debatable who actually owned the United States in certain circles, but I'm sure its pretty clear now.

The FED is flooding other central banks around the world so they can buy up assets as well.

All while we sit like docile sheep in our pens..

ABSOLUTELY DIABOLICAL.

This prominent Congresslady Advocates all illegal aliens getting $1,200 stimulus checks also.

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