ST Alpha - "Unemployment could hit 20%, Mnuchin says The Treasury secretary is worried fallout from coronavirus could be worse than the 2008 financial crisis, a source says -- (edited)" (Reading a Post)

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Unemployment could hit 20%, Mnuchin says The Treasury secretary is worried fallout from coronavirus could be worse than the 2008 financial crisis, a source says -- (edited)

Posted by Bacon (aka Redmond) Mar 17 '20, 17:16

I wonder if Trump will fire him tonight?

Responses:

The great depression hit some 30% unemployment, but I don't think it was that high immediately, though it hit quickly, job loss makes more lost jobs -- nm - zeitgeist Mar 17, 17:31 1
- Yeah it's usually dominoes -- nm - Bacon Mar 17, 17:37
For once in a rare while, I think my job security is intact. -- nm - loosilu Mar 17, 17:23
BTW this is front page CNN if you want to read it. I didn't link -- nm - Bacon Mar 17, 17:21
make sure the brothels are saved first -- nm - Ser Bron Mar 17, 17:19
The irony of that would be delicious. -- nm - Cuzzin Todd Mar 17, 17:16 6
- but not at all worth it -- nm - ty97 Mar 17, 17:18 5
  - I don't hate him enough to want good people to hurt. -- nm - loosilu Mar 17, 17:24
  - No -- nm - JackDawson Mar 17, 17:20
  - Hey, 20% of the country. YOU'RE FIRED!! -- nm - President Donald Trump Mar 17, 17:20
  - Yeah. I was willing to take the hit to my investments to make him look stupid, but this is too far - Reagen Mar 17, 17:19 1
    - It's probably just enough to get him re-elected -- nm - Beryllium Mar 17, 17:21

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