This is not sustainable. pic.twitter.com/eirmGvm8yS
— Bharat Ramamurti (@BharatRamamurti) June 19, 2020
Experts foresee so many filings in the coming months that the courts could struggle to salvage the businesses that are worth saving.
Ex monopoly rents, there has not been any growth in world profits, which consistent with the general stagnation worldwide. t.co/AEw0hCweuC
— Sri Thiruvadanthai (@teasri) June 19, 2020
“the number of working business owners plummeted from 15.0 million in February 2020 to 11.7 million in April 2020.” That’s a drop of 3.3 million, or 22% v. 730,000 (5%) in Great Recession.
the number of active black business owners fell 41% t.co/WUmjpdxQj5 pic.twitter.com/urjMKGtFrL
— Adam Tooze (@adam_tooze) June 20, 2020
The demise of America's malls can deal a blow to the towns that depend on them t.co/BnUT9yo0KG
— Sean George (@seanhgeorge) June 20, 2020
Our crisis response is based on this being a temporary shock, i.e. lost jobs coming back. But many jobs in leisure & hospitality (orange) are gone forever, given how much COVID-19 is changing consumer behavior. Our crisis response needs to accept this & emphasize job retraining. pic.twitter.com/sgI8YdsIz2
— Robin Brooks (@RobinBrooksIIF) June 20, 2020
- Bill Gates Developing Vaccine That Spreads ‘Like a Virus’ To Vaccinate People Without Consent
- Democrats just screwed the whole country…
- If this kind of thing can happen in Duluth it can happen anywhere.
- A sea of red. Images show latest insider transactions. All either sales or option exercises. Not a single buy from insiders.
- Insurance CEO, Todd Callender says the real pandemic is NOW.
- Hedge funds are betting against bonds and stocks, net insider selling is higher than it’s been since January. Blackrock CEO selling shares like they are pennies. The 08 parallels are freaky
- Jim Quinn: ‘The average American is getting screwed harder than a monkeypox spreader at a San Francisco orgy’
- Green Energy – The Greatest Deception In Modern History
- Social Security payments: Millions of SSI recipients to get two checks worth up to $1,652 next month
- It is a totalitarian system: The FBI is raiding Mar-a-Lago and trying to criminalize opposition to the regime. NEVER in the history of the United States has the FBI ever carried out such a raid.