Comments by "SK ONTHEROAD" (@skontheroad2666) on "CNBC Television"
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Excellent report. But why do people not understand how the markets and our economy is tied to all of this? The supply chain is currently a mess already, with empty shipping containers on one side of the world and full ones on the other and bc of what happened in China, they can't get back to where they need to be. If the markets continue to plummet, production slows down or stops as companies lay people off or just go out of business. People stop shopping, slowing down the basics of supply and demand, again leading to more job loss and companies closing their doors. People then have less money to spend and don't go out to eat, or even buy more than the bare minimum they need. Travel stops, and millions of jobs are affected. People don't understand that the government does not want to create panic yet as it will only accelerate the economic problem that could ground the country to a halt. It is not about rich or poor, Republican or Democrat--it is just common sense. If healthy people would wash their hands more, stop shaking hands, and for now, make smart decisions while they go about their daily lives until we do need to take more draconian measures, the few weeks that we are able to keep things running could save the country's economy billions of dollars. If the markets crash and the hospitals become more understaffed, or insurance companies go out of business, then what? There is not an endless, unlimited supply of money and resources to continue to make the world go round.... that is why it is the job of the President to try and slow down the panic and keep the markets and the economy on track!
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