Read the story here. Advertise at Before It's News here.
Profile image
Story Views
Last Hour:
Last 24 Hours:

Jim Cramer: Bailouts Won’t Be Enough To Stop COVID-19 Economic Fallout

% of readers think this story is Fact. Add your two cents.

The economic ramifications of a nation on lockdown due to the coronavirus outbreak are going to be dire. They could end up being far more severe than the pandemic itself, and according to Jim Cramer, the government’s bailouts won’t be enough.

Now is the time to prepare for an economic crisis. Whether we actually dip into another Great Depression will greatly depend on when our freedom is restored and we can all get this economy going again. “Legislation isn’t enough,” the “Mad Money” host said. “Once Congress passes this bailout bill, both businesses and individuals will have some cash. But wouldn’t it be better to have actual customers?” Cramer said according to a report by CNBC.

Coronavirus Crisis: The Virus Will Bankrupt More People Than It Kills

Cramer said he is confident Congress will “one way or another” be able to come to terms on a coronavirus relief package, even as the economic stimulus bill before the U.S. Senate again failed a key procedural vote Monday. Cramer suggested that once Americans are healthy, they can begin to go back into the workforce, however, that’s a little disingenuous. Health Americans are also on lockdown preventing them from participating in the economy and helping to get it going again.

Will A Face Mask REALLY Protect You From The Coronavirus?

“The problem? That can’t happen until we have enough ventilators and enough testing to cover the whole population,” Cramer said. “The lack of those things and surgical masks are what makes this situation so dangerous. Without them, the patient could die and healthcare providers could get sick.”  While we should all be trying to prevent the spread of this virus, doing so has done irreparable harm to businesses and individuals already.  So at what cost do we continue to destroy American lives?

The American people want a “sense of hope” that there will be an end date to the new stay-at-home reality, Cramer said.  “A realistic date would at least give us something to look forward to,” he said.

Prepping For Two Week Quarantine: Emergency Food Supply

This article has been contributed by SHTF Plan. Visit for alternative news, commentary and preparedness info.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Join our affiliate program and earn extra money by sharing with friends and family or by posting on your social media.

Order by Phone at 888-809-8385 or online at

Get our Free Ebook, "Suppressed Health Secrets"  with  Natural Cures THEY don't want you to know!

Supreme Fulvic - Nature's most important supplement! Vivid Dreams again!

Ultimate Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Organic Hemp Extract (CBD) - Full Spectrum high CBD (3300mg) hemp extract eases stiff joints, relieves stress and more!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

APeX - Far Superior to Colloidal Silver! Protect Your Family!

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Load more ...




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.