REAL Wages Decline as Economy Worsens Despite Stimulus! Store Closures, Jobs Cuts

There have been considerable changes in 2020, just from a year ago. We have watched the markets fall and rise. Many have wondered what tomorrow will bring. More questions than answers. More uncertainty. More volatility. But one is for certain, our currency will lose value against real goods thanks to reckless policies, designed to enrich a small group at the top.

 

The Jobless Fear Being In Dire Straits As Savings Start To Run Out : NPR

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www.npr.org/2020/10/17/924682991/i-m-still-unemployed-millions-in-dire-situation-as-savings-start-to-run-out

AP-NORC/SAP poll: 1 in 4 US workers have weighed quitting

apnews.com/article/virus-outbreak-us-news-01bb31ef7c0ebcd3cf8131532d516530

Coronavirus Pandemic Putting Damper on Holiday Shopping Season – WSJ

www.wsj.com/articles/coronavirus-pandemic-putting-damper-on-holiday-shopping-season-11603029601

Real wages to go backwards in 2021, warns Deloitte

thenewdaily.com.au/finance/work/2020/10/19/economy-shattered-deloitte/

The next economic crisis: Empty retail space – POLITICO

www.politico.com/news/2020/10/18/next-economic-crisis-empty-retail-space-429994

INSIGHT-Time’s up: After a reprieve, a wave of evictions …

news.trust.org/item/20201019090659-2vef1

Store closures: twice the rate of last year as net decline now at highest level in five years

www.pwc.co.uk/press-room/press-releases/store-closures-twice-the-rate-of-last-year.html

Host a Private Movie Showing at AMC

www.amctheatres.com/rentals

Pentagon estimates cost of new nuclear missiles at $95.8B

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apnews.com/article/politics-e4b80421be5dba5c5f5a162e55ac0d94

 

Federal Reserve debates tougher regulation to prevent asset bubbles | Financial Times

www.ft.com/content/5c2b7d15-7e37-475a-8d42-1e8e0a3b8708

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These Are the World’s Best (And Worst) Pension Systems in 2020 – Bloomberg

www.bloomberg.com/news/articles/2020-10-19/these-are-the-world-s-best-and-worst-pension-systems-in-2020

Miso Robotics Flippy robot on sale for $30,0000 – Business Insider

www.businessinsider.com/miso-robotics-flippy-robot-on-sale-for-300000-2020-10

Smoothie-making bot at Walmart signals the rise of the robot fast-food worker

finance.yahoo.com/news/smoothie-making-bot-walmart-signals-230043937.html