Proposition Joe said:
People that are adamant society will fall apart by June are simply worried about themselves and their $$$.
The nation as a whole will pull together and do whatever needs to be done.
When you start reading "how is this different from the flu" and "warm weather will stop this" then assume everything else they are saying isnt well researched.
Where have I argued that or mentioned either of those two things? I never once said this is the flu or anything about warm weather. On any forum or thread.
My money is in the market for long-term, I'm putting more in right now because I have a long-term horizon. I don't care about that in short term.
Also, saying revolt or significant looting and social unrest does not mean fall apart. While I agree we as Americans are very good at banding together, few people alive in this country have seen that level of unemployment and we've demonstrated time and time again that smaller disruptions than this cause significant social unrest and lawlessness.
Take Houston in 2017. Did the city band together? Yes, with a lot of help from outside, too. Was there significant looting and other lawlessness, yes. Now you'll have less help coming from the outside, and social unrest is everywhere, not a few cities.
What can stop this?
1 - relaxing restrictions
2 - short term household stimulus so basic needs are met
3 - emergency loans for small businesses
Etc.
The issue is that options 2/3 require those individuals and small businesses to use the funds effectively and ration them, because they're not an unlimited tap you can turn on to get us through the summer. Even then, you'll have some really serious economic implications