The house and Senate need to work put a deal unless you want the economy to drop right before the election. That said, we need at least therapeutics near term to take the edge off of the virus.

Someone was asking about this. This is from US News Money site.

money.usnews.com/.../plx-protalix-biotherapeutics-inc

talkmarkets.com/.../there-is-beta-in-protalix-stock-due-to-prx-102

There are also reports out by Jeffries and HC Wainwright on this.

Fabrazyme by Genzyme in the US at approximately $300,000 per patient annually in the US. Europe uses Replaggal by Shire for treatment. There is also an oral medication named Galafold by Amicus used globally. They have their drawbacks and there is need for better treatments for this disease.

There simply is not enough jobs even if people start their own businesses. There won't be enough demand to cover the needed jobs. Corona virus only exacerbates the shortfall in income producing jobs and Trump's tax cuts don't really address the issue. This is why big business is slaughtering all the small businesses and getting even more efficient. They don't want more overhead either.

This is a big problem. Japan hasn't solved it after decades of terrible readjustment.

finance.yahoo.com/.../...nformation-085100961.html

Our debt only works because we are the defacto global reserve currency. We do not fund our own national debt (be happy we don't), don't run trade surpluses, have fast growth anymore, or even a strong economy. Fortunately demand is low, rates are low, and inflation is low which is conducive to debt. However, this will not last forever, especially since future projects to increase production are not being invested in.

We are not in any immediate difficulty but it will take years if not decades to fix this issue when it becomes a problem.

If the world used bitcoin regularly the world would be deficient of electricity fairly soon. This alone makes such a solution impossible. Likewise, the world would be a more dangerous place. That's why countries like North Korea hoard it and it is used for criminal activities. Also it is too easy to lose your currency or have it stolen without repercussion. Until these issues are fixed it will remain a small part of global trade and no country will willingly give up their currency for such a scheme. It does however make sense to use crypto keys to encode medical records and property transactions. That said, it would have to changed from currencies for accessibility and proof against losing your pass key. Imagining forgetting your key and realizing you will have no medical history. This would be horrible and tragic.

Europe and most of the developed world is better off than the US given our response to Corona virus has been 3rd world-like. The EU economy is starting to bud again, however, Italy, Sweden and other countries Corona rates are still not under control. Hopefully, they will resolve these before they too are adversely affected by a disorganized segmented approach the same way the US is being affected by such a disorganized scheme.

As long as Europe is doing better than the US with Corona their economy and currency will do better. The same will likely happen all over the globe sending a clear economic message: Corona, deal with it or suffer the consequences.

With stimulus mis-allocated to large companies corrupt enough to vie for it. Without proper exposure of who used it to prevent it from happening again. Without big banks calls for small business lending without any backstop or rule allowing for bigger defaults, and no coordinated effort to rapidly end Corona in the US, of course there is going to be massive small business losses. Expect this to only accelerate with the end of stimulus as individuals sink into the economic muck as well.

We need a real plan for getting us started again calling for 1) the end of corona virus by what we can do not what we wish for 2) the care and sustenance of what and who we still have including corona treatment plans for everyone and economic stimulus for them and small businesses only 3) a banking plan that gets money flowing through the economy by using stimulus money to backstop loans to get money out of banks and into the economy and 4) to ease global trade and tariffs (this is the last thing we need during this time given we don't want to repeat the great depression).