Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Concentrate on Dividend Record and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Ron Paul
  • Bank Credit & Money
  • Freedom Force
  • Dick Young’s Safe America
  • Bank for International Settlements

Bill Gates: No Magic Wand to Put the Economy Back on Track

April 9, 2020 By The Editors

Bill Gates speaks at the announcement of international commitment to fight global hunger and poverty at the Treasury Department April 22, 2010.

reporter Mark DeCambre details Bill Gates’ views on getting the economy up and running again. He writes:

‘No one should think the government can wave a wand an all of sudden the economy is anything like it was before this happened.’ — Bill Gates

In a March 31 op-ed in the Washington Post, the tech luminary advised more stringent closures to mitigate the spread of the deadly viral outbreak, saying “shutdown anywhere means shutdown everywhere.”

However, the stock market has mostly been attempting to shrug off worries about COVID-19, which has infected 1.5 million people world-wide and claimed nearly 90,000 lives, according to data aggregated by Johns Hopkins University. The Dow Jones Industrial Average was up 400 points Thursday, with the S&P 500 index SPX, 1.49% and the Nasdaq Composite COMP, 0.57% also showing strong gains, as investors ignored an ugly report on jobless claims for the week ended April 4 and focused on the Federal Reserve’s $2.3 trillion program to help funnel money to key parts of the economy that has been hard-hit by the response to the epidemic.

Related Posts

  • As Rich as Bill Gates
  • Bill Gates. Why the World Needs More Billionaires
  • Trumponomics: Getting Our Economy Back on Track
  • The Trump Economy Going Strong
  • Author
  • Recent Posts
The Editors
Latest posts by The Editors (see all)
  • Johnson & Johnson Spinning Up Single-Dose COVID Vaccine - February 25, 2021
  • The Many Benefits of Olive Oil - February 25, 2021
  • Donald Trump to Headline CPAC - February 23, 2021

Dick Young’s Must Reads

  • Globalism Has Made America Dependent on Foreign Countries
  • Gold’s 50-Year Price Explosion
  • “Some Sixty Million People Died in World War II”
  • Who Are Those Urging Violence?
  • Can Ginger Combat Heart Disease and Improve Circulation?
  • Boom—Your Life Changes
  • Viktor Orban: No Immigrant Invasion for Hungary!
  • Tucker Explains: Put America First, Put its Families First
  • California’s Progressive Liberals Have Created a Monster
  • Insurrection Was the Furthest Thing from Trump’s Mind

Our Most Popular Posts

  • Has the Time Come to Abolish the American Government?
  • Enjoy the Boom While You Can
  • Marry Compound Interest, Divorce Market Timing
  • Texas – More Subsidies for Wind, More Regulations for Oil
  • Biden Tells Audience that Blacks and Hispanics Don't Know How to Use the Internet
  • Richard Young Reports: 50+ Years with Fidelity and Wellington
  • UPDATE: Your Gun Rights and Freedom Are Under Assault
  • Please Don’t Call It COVID Relief
  • Permitless Carry Corridor Expands: Red States Trouncing Blue States on Freedom
  • Long Live Rush Limbaugh: Our Walk in the Woods

Disclosure

RSS Youngresearch.com

  • Welcome to the Interest Rate Prediction Business, JACK!
  • Democrats Have a Plan: Don’t Get Too Attached to Your Capital Gains
  • Petrified Snow/Ice Fishing? How about a Boat? and More
  • Bubble in Tech Stocks Will Cause “Clean Out” in Markets
  • COVID Chaos: New York and California vs. Florida and South Dakota
  • Time for the Fed To Stop Babying the Bond Market
  • Richard Young Reports: 50+ Years with Fidelity and Wellington
  • Deep Survival, Who Lives, Who Dies, and Why
  • Herd Immunity by April?
  • Corporate Bond Yields: What You Can Earn Today

Neither Cancel Culture nor COVID Can Shut Down CPAC

The Political Downside of Stoking Fear

Welcome to the Interest Rate Prediction Business, JACK!

Has Bill Gates Been Injected Yet?

Fauci Doesn’t Own Your Face

Gov. Newsom Discovering the Power of the Pen

Copyright © 2021 | Terms & Conditions | About Us | Dick Young | Archives