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0 pointsceejayoz6y ago0 comments

> It stops the stock market slide.

This doesn't seem like a huge public health issue, but it is.

Stopping the market slide gives the public health officials like Dr. Fauci a bit of breathing room. Continued stock market slides will cause politicians to panic and demand lifting of restrictions, even if they're the only thing helping right now.

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pbourke6y ago

> Continued stock market slides will cause politicians to panic and demand lifting of restrictions, even if they're the only thing helping right now.

Or .. and hear me out .. we can ignore the fucking stock market and move to address the public health emergency as our sole concern. The stock market right now is tens of thousands of market participants running around wearing flaming underpants on their heads.

The bond/credit market - yeah, that has consequences. The Fed is already intervening there.

ceejayozOP6y ago

> we can ignore the fucking stock market and move to address the public health emergency as our sole concern

We can. Can Trump? Is he capable of that for more than a week or two?

A panicked President worried about reelection makes bad choices.

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