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JLeslie's avatar

Isn’t the US headed for a crash?

Asked by JLeslie (65446points) July 17th, 2020 from iPhone

I’m stunned that housing prices are still so high, and the stock market is humming. I guess the stimulus was overall successful.

I just read this article about a hotelier that is doing big lay-offs. He received money from the government, and now I guess the time is up to keep employees on payroll. https://www.orlandosentinel.com/business/tourism/os-bz-coronavirus-rosen-layoffs-20200708-ulqaq4w6tjcidno4mepesbmbxq-story.html?utm_source=kw&kwp_0=1697403&kwp_4=5011111&kwp_1=2128671

Is this it? Is it now, at this time, that things really start to become unstable?

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