[Forbes] Uber now faces making significant changes to business model in the U.K. and could set a precedent for gig economy workers around the world. If the court does agree that Uber is a transportation provider, the estimated figure for Uber’s VAT in the U.K. could be in “excess” of $1.3B per year.

https://www.forbes.com/sites/daviddawkins/2020/07/30/uber-vs-london–the-courtroom-battle-the-world-is-watching/#38662ffd6973 Uber, the mobile ride-hailing giant responsible globally for over 1.9 billion “trips” a year is facing a summer showdown in two London courts as scrutiny mounts over licensing issues and the drivers’ classification as “workers.” Both cases have huge …

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The next wave of protests.

The next wave of protests. https://t.co/fHsZdwINPW — Sunchartist (@sunchartist) July 30, 2020 The Pandemic May Cause 40 Million Americans to Lose Their Homes Even as unemployment levels remain at historic highs and cases of the virus show no sign of …

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What Are Markets Pricing In?

by UPFINA It’s possible the economy bounces back in August and September due to the decline in COVID-19 cases and the fiscal stimulus. We got early positive news from the household pulse survey. As you can see from the chart below, …

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Its pretty clear Americans dont need more stimulus money. They have been blowing money on day trading and iphones/ipads! These numbers are nuts!

https://twitter.com/RetirementRight/status/1288945572615864320 https://twitter.com/NorthmanTrader/status/1288950316864593920 OK, to whom sold Apple $AAPL 26 billion USD worth of iPhones during a 33% down GDP quarter? Answer: Bored people locked down at home seeing some nice ad on Facebook, surfing to Amazon getting overcome by the …

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The US dollar is the world’d reserve currency because there’s nowhere else to go? The Roman denarius was the reserve currency with no challenger, yet it collapsed on its own.

The US dollar is the world'd reserve currency because there's nowhere else to go? The Roman denarius was the reserve currency with no challenger, yet it collapsed on its own. When fiat dies, safe assets and core essentials become the …

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