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<blockquote data-quote="ball dont lie" data-source="post: 1408031" data-attributes="member: 8095"><p>This picture is terrifying. Money velocity that low means businesses are bankrupt. No money in, no money out. This is as doomer as a picture can get and I havent seen this anywhere before.</p><p></p><p>My Dad was a small business guy and he constantly talked about the explosion of money velocity in the 90s, that huge jump there you see. He made out really well, but of course like many other people, that early 2000s drop killed so many people. Money stopped being spent. Period. No money moving means it doesnt get into your hands to pay your bills.</p><p></p><p>Cash flow is king. For governments to small businesses. Only the mega-corps with 12 billion in cash can handle this.</p><p></p><p>This is serious, gird your loins doomer info. If Biden comes in and forces a NATIONAL lockdown, then places like Florida where the economy is still hanging on, will go the way of CA and NY. Then your only choice is revolution basically, or starve.</p><p></p><p></p><p></p><p>[ATTACH=full]27672[/ATTACH]</p></blockquote><p></p>
[QUOTE="ball dont lie, post: 1408031, member: 8095"] This picture is terrifying. Money velocity that low means businesses are bankrupt. No money in, no money out. This is as doomer as a picture can get and I havent seen this anywhere before. My Dad was a small business guy and he constantly talked about the explosion of money velocity in the 90s, that huge jump there you see. He made out really well, but of course like many other people, that early 2000s drop killed so many people. Money stopped being spent. Period. No money moving means it doesnt get into your hands to pay your bills. Cash flow is king. For governments to small businesses. Only the mega-corps with 12 billion in cash can handle this. This is serious, gird your loins doomer info. If Biden comes in and forces a NATIONAL lockdown, then places like Florida where the economy is still hanging on, will go the way of CA and NY. Then your only choice is revolution basically, or starve. [ATTACH type="full" alt="Eo-WGE7UwAA8aXh.jpg"]27672[/ATTACH] [/QUOTE]
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