Mfw we're facing the worst economic depression since the 1930s because of a fucking flu

it is rightful italian clay

>Since the 1930s
gonna get much worse now we have a second lockdown.

how do you cope bros? Anybody snuck out for a quick shag with their misses?

haha how deluded are you to think that shutting down the economy for fucking months wasn't the reason? We're also not the fucking USA proxy faggot.

Well the lockdown only starts tonight (or is it tomorrow?) so I lived pretty normally. But yeah just write down you're going to the shops on your attestation since there is no distance limit then go fuck her. The lockdown is bullshit anyway so I won't blame you.

you sure? i thought there was? Has anyone here tried doing that?

i ment i thought you had a 1km distance limit for some activities

Last lockdown there wasn't any distance limit or time limit on shopping as long as it was reasonable like with the city or suburbs. The 1km limit is for exercising.

>haha how deluded are you to think that shutting down the economy for fucking months wasn't the reason?
That's just the straw that broke the camels back.
We're at the end of a long term debt cycle, and start of a debt deleveraging, the last debt deleveraging happened in the 1930s.
this video explains it
13:40-18:40
youtu.be/PHe0bXAIuk0?t=819

>We're also not the fucking USA proxy faggot.
The US is the biggest economy in the world with the world's reserve currency, if their economy crashes the entire world's does too.

so did you occasionally sneak out to see friends?

>That's just the straw that broke the camels back.
No, the economic damage is a direct result of closing the economy
>We're at the end of a long term debt cycle, and start of a debt deleveraging
Stop getting your info from Youtube. The USA in no way needed to deleverage it's debt since it's economy was doing so well before the pandemic meaning they could easily pay the interest and borrow more at low rates.
>The US is the biggest economy in the world with the world's reserve currency, if their economy crashes the entire world's does too.
While I agree it somewhat affects us we're not that dependant on them in France. If the USA were to economically collapse it wouldn't nearly affect us as much as our lockdowns have. Most of our problems are a direct result of lockdowns since the policies are destroying businesses that can't afford to re-open.

They live a bit far so no. But I had friends who did.

nice, was it easy? Did anyone get caught? What are the consequences as such?

>nice, was it easy?
yeah. Once they even saw the police who waved at them.
>Did anyone get caught?
Nope
>What are the consequences as such?
A 135 euro fine. But how do you get caught?
>Police: show me your attestion
>you: Here it is, I'm going to the nearest carrefour/leclerc/cora/whatever to buy food
>Police: okey user bye

That's if you even get stopped. In the 2 months of lockdown I wasn't stopped once.

>The USA in no way needed to deleverage it's debt since it's economy was doing so well before the pandemic meaning they could easily pay the interest and borrow more at low rates.
Again, the problem here is that if you keep interest rates low for a long time, (and interest rates were almost at zero in America for a decade), it means that the next time there's an economic recession you can't lower interest rates to stimulate the economy anymore, meaning next time you have a downturn it could turn into a depression, which happened in 1930s, which also happened this year. Also having an economy based on companies and governments going more and more into debt simply just to pay the existing interest on the previous debt is not something I would call a good economy.

>If the USA were to economically collapse it wouldn't nearly affect us
Yes it would, remember 2008?

Except the USA didn't need to lower interest rates to stimulate the economy because it had a good prosperous economy that didn't need stimulating. High interest rates are a symptom of a sick economy, just go try borrow money in Brazil or Argentina if you don't believe me. The American economy was booming and doing great before covid lockdowns and you're being very disingenuous claiming it wasn't.
>Also having an economy based on companies and governments going more and more into debt simply just to pay the existing interest on the previous debt is not something I would call a good economy.
That's not how it works. You can only borrow what you can pay back. Although it is a bit high it was in no shape or form close to collapsing. You're basically trying to pass of the USA as being in an Argentinian situation befor covid which is retarded.
>Yes it would, remember 2008?
France wasn't hit very badly in 2008 and we quickly recovered.

Attached: Real-GDP-growth-in-France-Italy-and-Portugal-2005-2014-in-per-cent[1].png (850x335, 61.84K)

let's compare 2008 to the covid lockdown hit. Oh and this was made before they decided a second one was a good fucking idea.

Attached: gross-domestic-product-gdp-growth-rate-in-france[1].png (1000x743, 58.99K)

>High interest rates are a symptom of a sick economy
No, it's literally the opposite, Milton Friedman already pointed out half a century ago that low interest are deflationary and not good for the economy in the long run.

09:20-12:40
youtu.be/dut7z6nsIHE?t=561

>American economy was booming and doing great before covid lockdowns and you're being very disingenuous claiming it wasn't.
It wasn't though, literally every economic indicator is saying it wasn't.
After 2008 the money multiplier rate, work force participation rate, money velocity all have been going down. How can you consider this a good economy?

fred.stlouisfed.org/series/M2V
fred.stlouisfed.org/series/CIVPART
fred.stlouisfed.org/series/MULT

In 2019 the US federal deficit made up 5% of their GDP, the only reason they saw economic growth was because the government was borrowing money.

who cares that's next year, we still live and ps5 is coming out

Thats because half of them moved to sweden

Pretty sure it's ostensibly deadlier than a flu.