Shock waves hit the economy as the number of COVID-19 cases soars in the US

The stock market has lost $8 trillion in value in the last month and analysts estimate more than 2 million people have filed for unemployment insurance last week.

#Economy #StockMarket #Unemployment

[Travis_LTE]

The pitchforks are coming for the rich, unless they help the poor survive

[m.s.]

8 trillion in 1 month, 2 million filing for unemployment and the government giving out $1200 per working citizen. Imagine if this went on for 3 - 6 months, we would have a depression that will throw this country back 100 years. This is what happens when you become just a consumer society, instead of the society that creates. We're in trouble for the foreseeable future due to the fact that we have now experienced this, meaning it's more plausible to keep happening. Good luck citizen's. Time to get this together.

[IHMadeThis]

I get the feeling that if a giant, Earth-ending asteroid was coming to end all life on Earth the people at the top would be like "Oh my God!!! What about the economy!?!?"

[dynjarren]

Whats sad is that the govt HAD a chance to get this right from the start, but...but...but
Now what?

[blohsh]

People who are sick: I’m going to sleep I’m sick
People who have covid 19: WORLD TOUR

[wesleyrodgers]

The president can't handle a crisis. This is disgusting.

[jordanimatedstreaming]

Imagine how much money could be saved in the long run by simply paying people to stay inside for a few weeks.

[phntomsoldier]

STAY AWAY FROM THE GOD DAMN CHERRY BLOSSOMS!

[tlynn]

There was a woman taking pictures of the cherry blossoms while coughing, unbelievable.

[PeterSolarchannel]

The economic impact of the COVID-19 will be huge and devastating for all countries. And we are still at the beginning.

[ShelleyVincent]

and now he's bankrupted this country

[Murphys_Law]

Just got laid off today and I haul fuel 🤦🏾‍♂️

[garydavidson]

No tax $ for corperations who pay none for that would be socialism

[jaredhighlands]

The fed from my understanding said there could be up to 30% unemployment. The people in charge as usual are leading us to doom

[whatthefuck]

I hope people of US will be safe...may god be with them...amin

[kcbroncohater]

The Democrats walked out on the bill last night and crushed the stock market today. If you have a democrat House member call them and ask them why?

[ajayparmar]

What the hell no hand sanitizers, no cleaning product, no toilet papers in market and trump administration not even taking any step to resolve these basic issues

[donb]

Why exactly do we need a stock market?Serves no purpose

[randyroggenbuck]

I hope that someone remembers how much more this country is going into debt, or does anybody care?

[OasisJK]

What is Trump going to run on now? Bragging about the economy and the stock market isn't going to work. Maybe he can bring up Hillary's emails again?