Amazon CEO Jeff Bezos asks laid-off workers from BARS and RESTAURANTS to come join the company . Amazon has also raised overtime pay for us workers . Bezos says ” Things are gonna get much worse “

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Amazon CEO Jeff Bezos said in a statement on Saturday the company is hiring for 100,000 new roles, and urged laid-off restaurant workers to apply. Bezos added that the company has implemented a number of health and safety measures in response to the crisis, and has raised wages for hourly workers. Amazon has been flooded … Read more

Everyone Needs To Brush Up On Their History Because We Can’t Use 2008 As A Precedent.

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by bingo_bango_zongo I found this doc on 1929 to be a useful retrospective https://www.youtube.com/watch?v=FAZjlxWNszw Unsurprisingly there’s a lot of parallels to our current situation. An era of new technologies, purchased on credit by workers whose wages remain unchanged. An ever widening wage gap. A manipulated market that seems only to move up, eventually disconnecting from … Read more

Possibility of a housing crisis and strategies

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by DonkStonx Hello fellow retards. One externality of a shut down economy is the possible increase in homes on the market, new home building slump, and the possibility of a housing crisis. I wanted to make a thread to discuss this. We’ve been reaching a pinnacle in home prices and I think we’re seeing the … Read more

SPY – DD

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 by rredditscum Instead of looking at the entire market, I decided to take a deep dive into SPY this time and get a good idea of what’s happening. Hopefully someone can correct me if I’m wrong. PCR aka Put-Call Ratio; this is defined from Investopia as “an indicator ratio that provides information about relative trading volumes … Read more

Is the U.S. Stimulus deal enough?

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Is the U.S. #Stimulus deal enough? Let’s call it a solid start at $2+ trillion & I’m hearing another $1 trn gets added in a couple of weeks’ with @wolfblitzer tonight #CoronavirusOutbreak pic.twitter.com/hK50hDvqhr — Julia Chatterley (@chattwithjulia) March 22, 2020 Getting there but it’s still not big enough plus the financial market pressure, margin calls, corporate … Read more

Corporate Bond Defaults are coming

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by Jburd6523 Your 11 year bull market that thrived on low interest rates, and low unemployment encouraged a lot of big dick financial risk taking behavior by large corporations who similar to us kept saying “Can’t go tits up.” This in turn led to a corporate debt bubble that was highlighted as “Risky” by the … Read more

Last time Government intervened it didn’t stop market fall

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Last time Government intervened it didn't stop market fall pic.twitter.com/7UMJGSLs65 — Win Smart, CFA (@WinfieldSmart) March 21, 2020 Prime money market funds experiencing significant outflows pic.twitter.com/b9MJebav3W — Win Smart, CFA (@WinfieldSmart) March 21, 2020 BBB alarm pic.twitter.com/p9xZs6P9ms — Win Smart, CFA (@WinfieldSmart) March 21, 2020 MBS spreads pic.twitter.com/um1cBHWJsM — Win Smart, CFA (@WinfieldSmart) March 21, … Read more

The Ease And Speed Of Governments’ Reactions Should At Least Make Us Stop And Think

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by Claudio Grass of ClaudioGrass.ch “Trust the state. Do what they say. They’ve never lied to us before, have they?” – Daniel McAdams, Ron Paul Institute for Peace and Prosperity Central bankers are washing their hands too Looking at the carnage that stock markets have suffered, it’s not surprising to see central banks jumping in to save the day. … Read more

Theory: A debt jubilee is coming

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by SleepNowMyThrowaway The massive over-reaction to a supposed killer virus is being used to mask and provide cover for a debt jubilee for the average person and business, devalue the dollar to make it more competitive internationally, and also allow the US to default on it’s international debt. The simple fact is the debt overhang … Read more

China claimed local zero-infection, Japanese media reveal fakes, Alleged that the test stop after the visit of Xi to Wuhan

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by Expensive_Pop https://hk.news.appledaily.com/local/20200321/MZEAACSL4OS5N3V3WN33A4676U/ The National Health Commission of the Mainland claims that 39 new cases of Wuhan pneumonia were confirmed the day before yesterday, but all of them were imported from abroad. There have been no new confirmed cases in China for two consecutive days. However, Japanese media Kyodo News quoted Wuhan doctors as saying … Read more

Stunning insights into the Corona Panic by Pulmonologist Dr. Wolfgang Wodarg

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“The corona hype is not based on any extraordinary public health danger. However, it causes considerable damage to our freedom and personal rights through frivolous and unjustified quarantine measures and restrictions”. https://youtu.be/p_AyuhbnPOI   Video of German Pulmonologist Dr, Wolfgang Wodarg who explains how the media and government hype around Coronavirus does not match the reality … Read more

It’s the Bankers. It has always been the bankers, and almost problem in society today could be solved if we simply remove the bankers from the equation.

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by erietemperance Libertarians, Democratic Socialists, Liberals, Republicans, Progressives, An Caps, Conservatives, Democrats, Classical Liberals. We all need to stand together and work together to fix this problem. It’s time to stop worrying about who uses what bathroom, what accessory your rifle has, who gets married, if you smoke in a bar, how old you are … Read more

Congress must not be allowed to use Coronavirus as an excuse to give Boeing $60 Billion just because they are having a bad year and their stock price dropped

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How can we stop it? Boeing, which is pleading with Washington for a $60 billion bailout amid the coronavirus pandemic, announced on Friday that its CEO Dave Calhoun and Board Chairman Larry Kellner will forgo all pay until the end of the year. The move is part of a few decisions Boeing made in order to support … Read more