2020 Recession - Global Lay off started now - first airlines

I always do my taxes October 15

1 Like

not yet…

Done and submitted.

Me too.

:scream:

This doesn’t make a lot of sense when 69% of unemployed are making more.

Bottleneck…

.
.
.

One-Third of America’s Record Unemployment Payout Hasn’t Arrived

  • Benefit checks lag by $67 billion, Bloomberg calculations show

  • Shortfall shows system struggled to cope with wave of layoffs

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-06-02/one-third-of-america-s-record-unemployment-payout-hasn-t-arrived


.

1 Like

Shiller wrong as usual. He has only been right once in the last 20 years in 2008. Enough to make him famous.

He called the dotcom bubble too. That was his original claim to fame. I don’t think anyone could have predicted a pandemic shutting down the economy.

I remember him calling the the collapse of housing for years before it happened. If he is so good at predicting the future he would be a billionaire. Like all economists he is just dismal, but the media has never put up the list if his predictions vs the actual results.
He is quoted constantly. Often contradictory.
He should shut up and put his money where his mouth is.

https://aitradingbot.app/2017/03/20/naked-truth-about-robert-shiller-and-his-useless-market-predictions/#.XtkEl-QiclQ

Warren is more creditable because he is rich. But he doesn’t understand tech and has become irrelevant.

.
…
.

.
.
.

1 Like
1 Like

Didn’t take long.

https://www.fastcompany.com/90503385/what-pandemic-carnival-cruise-bookings-soar-600-for-august-trips

However, what’s really surprising is that Cruise Planners says that August 2020 bookings are up 200% over August 2019 bookings —back when no one had any worries about being stuck on “death ships.”

But I am told people will forever be afraid to go back to office.

One month after these cruise ships embark in August the covid19 outbreakspike will put that industry where it belongs…in the toilet.

1 Like