03-26-2020, 12:51 PM
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#220
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Enlisted Member
Drives: Ford Focus RS (RIP), C43 AMG
Join Date: Jan 2020
Location: Louisville, KY
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Quote:
Originally Posted by ASAP
I don't want to be a doom and gloom guy but these markets are reacting to a fake stimulus...
The fundamentals are really really bad... you are about to have record unemployment, you almost have negative interest rates, you will have inflation due to a massive of amount of liquidity that was just injected... what will the airlines do with the money? They are laying people off left and right reducing capacity, I am not sure how the money is supposed to help anyone. There is a massive demand problem here.
I forsee a major tanking when people realize this is another fake prop up.
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+1, absolutely.
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