[Ibon]

$this->bbcode_second_pass_quote('Newfie', 'I')bon wrote elsewhere:

$this->bbcode_second_pass_quote('', 'I')s this our short to mid term future?

https://www.telegraph.co.uk/news/2020/0 ... arantined/

A certificate to move about freely to those who have recovered from Covid19?

[SeaGypsy]

My intuition is a cash ban or fast track phase out is imminent. If & when this happens, it will cause financial ruin to the illegal drug trade. My bet is drug rehabilitation is going to boom.

[vtsnowedin]

$this->bbcode_second_pass_quote('SeaGypsy', 'M')y intuition is a cash ban or fast track phase out is imminent. If & when this happens, it will cause financial ruin to the illegal drug trade. My bet is drug rehabilitation is going to boom.

[SeaGypsy]

$this->bbcode_second_pass_quote('vtsnowedin', '')$this->bbcode_second_pass_quote('SeaGypsy', 'M')y intuition is a cash ban or fast track phase out is imminent. If & when this happens, it will cause financial ruin to the illegal drug trade. My bet is drug rehabilitation is going to boom.

[Plantagenet]

As I feared, China is now seeing a "second wave" of virus infections. Henan Province in China has just announced a province-wide lockdown.

chinese-county-coronavirus-lockdown-second-wave

And as I predicted, if China was hit with a second wave of virus infections, the US stock market would take the news very badly----and so far the DOW is down 970 points

Cheers!

[Newfie]

A good article about the see saw trade situation. First we could not get stuff from China, now we are getting more but shops are closed and not accepting.

And in the next phase ( separator article at same site) China is getting hit again and may slow shipping once again.

https://gcaptain.com/congestion-looms-at-u-s-ports/

VERY confusing.

I’m seeing more and more giant warehouses along the NJ Turnpike.

[vtsnowedin]

Warehouses perhaps?
Yes post Covid-19, I see us making ourselves economically secure, not defendant on any import stream for any critical commodity from antibiotics to computer chips and cell phone parts and military material and supplies. Drug makers that want to hold a US patent will have to keep sufficient production lines in the USA to supply all of the US demand and can only off shore production for the export market. All other critical industries would have similar tax and patent laws in effect that will assure adequate supplies in times of crisis and war.

[Newfie]

How do we invest in that stuff?

[Outcast_Searcher]

$this->bbcode_second_pass_quote('vtsnowedin', '')$this->bbcode_second_pass_quote('SeaGypsy', 'M')y intuition is a cash ban or fast track phase out is imminent. If & when this happens, it will cause financial ruin to the illegal drug trade. My bet is drug rehabilitation is going to boom.

[SeaGypsy]

Kind of misses the point. Cash $USD large denominations disappear into the ether almost as quickly as they are printed. They are about as good as 24 carat gold to mafias & cartels, & in most of the world, especially developing countries, no questions asked you can live like a king on cash $USD. Force that money back into banks, that's the biggest Bonanza in world history, for the banks & for governments, not just the US government.

[vtsnowedin]

$this->bbcode_second_pass_quote('Outcast_Searcher', '[')
In reality the money, re 99+% of what is legally spent daily and moves around the world, at least in first world countries, IS electronic, like it or not.

.

[SeaGypsy]

Then there's the fact that $1 million weighs 17 Lb, 8 kg in $100 bills. The same value in gold today weighs 55 Lb, 25 kg. Splitting off a $100 or $1000 of gold is a serious hassle, requires expert help, unlike cash, unlike E-Cash.

[Newfie]

Here is an interesting article in Slate on infrastructure spending.

I was some what involved with a few of the Obama “shovel ready” infrastructure plans. I’ve no need to elaborate on what the “shovel” was used for. What I saw was useless beyond the fact that I got sent on some interesting junkets.

None the less, it seems to be something that has bipartisan appeal.

Big engineering and construction companies will be all over this.

https://slate.com/business/2020/03/trum ... do-it.html

[EnergyUnlimited]

$this->bbcode_second_pass_quote('SeaGypsy', 'M')y intuition is a cash ban or fast track phase out is imminent. If & when this happens, it will cause financial ruin to the illegal drug trade. My bet is drug rehabilitation is going to boom.

[SeaGypsy]

$this->bbcode_second_pass_quote('EnergyUnlimited', '')$this->bbcode_second_pass_quote('SeaGypsy', 'M')y intuition is a cash ban or fast track phase out is imminent. If & when this happens, it will cause financial ruin to the illegal drug trade. My bet is drug rehabilitation is going to boom.

[EnergyUnlimited]

$this->bbcode_second_pass_quote('SeaGypsy', '
')Congrats on joining my block list. Why? 1/ you are a racist dipshit. 2/ you are a racist, dipshit. Bye

[evilgenius]

If I had the money right now I would buy Honeywell, Johnson Controls, Rockwell Automaton, ABB, NIO, Livent, Mastercard and Visa. I wish there was a better way to buy LG. I like New York Community Bankcorp NYCB, but not as much as those others. Depending upon how much money, I would put 10% into oil. I think Exxon will buy up enough smaller players that it will come out well ahead. Facebook looks like it will be a $500 stock one day. Amazon looks like it will continue to dominate.

Yes, I do consider that cash will have a problem. Things are headed that way. I don't have a clue about what to do about it, other than to be afraid. I don't like the danger of poor political leadership such a thing exposes me to. Privacy becomes more important the farther away from the basics we get. A cashless society is only as fair as the players make it. People love to embed all kinds of sweetheart favors for themselves. They don't think about people who try to be fair, unless they can treat them like suckers and make some money off of them. It could be that a stock like Google, either one, is a good way to invest safely while the change takes place. Search will still be important, and Google isn't likely to disappear right away.

[Newfie]

Immunity Certificates

https://m.economictimes.com/news/politi ... 963050.cms

[Outcast_Searcher]

$this->bbcode_second_pass_quote('Newfie', 'I')mmunity Certificates

https://m.economictimes.com/news/politi ... 963050.cms

[vtsnowedin]

$this->bbcode_second_pass_quote('Outcast_Searcher', '
')Still doesn't make me want to rush out and buy a bunch of stock at these levels, BTW!