07-02-2020, 03:38 PM
(This post was last modified: 07-02-2020, 03:38 PM by Firestarter.)
McKinsey has earlier (before corona) reported that up to one-third of US workers could be unemployed by 2030 because computers and robots have made man obsolete, adding around “60 percent of occupations have at least 30 percent of constituent work activities that could be automated”.
According to economist David Rosenberg:
Bloomberg reported that unemployed US workers should have received $214 billion in benefits, early June, but had “only” gotten $146 billion.
The Kentucky Career Center kept people waiting 10 hours before their unemployment claim help was handled: https://www.globalresearch.ca/america-dy...my/5716506
Last month, the Institute for Policy Studies (IPS) and Americans for Tax Fairness (ATF) reported that American billionaires have seen their combined net worth grow by $584 billion in the 3 months since the Covid-19 “pandemic” was started on 18 March and made more than 45 million Americans unemployed.
The five richest billionaires in the U.S. - Jeff Bezos, Bill Gates, Mark Zuckerberg, Warren Buffett, and Larry Ellison - saw their collective wealth grow by $101.7 billion from 18 March to 17 June 17.
Since 18 March, the combined wealth of America's billionaires has grown from $2.948 trillion to $3.531 trillion.
According to Frank Clemente:
According to economist David Rosenberg:
Quote:the central bank is now becoming a hedge fund.
Adding low-quality corporate credits to its balance sheet is a whole different game.
… keeping zombie companies alive, rendering fundamental analysis and price discovery obsolete, and leading to a complete misallocation of resources.
Bloomberg reported that unemployed US workers should have received $214 billion in benefits, early June, but had “only” gotten $146 billion.
The Kentucky Career Center kept people waiting 10 hours before their unemployment claim help was handled: https://www.globalresearch.ca/america-dy...my/5716506
Last month, the Institute for Policy Studies (IPS) and Americans for Tax Fairness (ATF) reported that American billionaires have seen their combined net worth grow by $584 billion in the 3 months since the Covid-19 “pandemic” was started on 18 March and made more than 45 million Americans unemployed.
The five richest billionaires in the U.S. - Jeff Bezos, Bill Gates, Mark Zuckerberg, Warren Buffett, and Larry Ellison - saw their collective wealth grow by $101.7 billion from 18 March to 17 June 17.
Since 18 March, the combined wealth of America's billionaires has grown from $2.948 trillion to $3.531 trillion.
According to Frank Clemente:
Quote:Their wealth increased twice as much as the federal government paid out in one-time checks to more than 150 million Americans. This orgy of wealth shows how fundamentally flawed our economic system is.https://www.commondreams.org/news/2020/0...t-3-months
The Order of the Garter rules the world: https://www.lawfulpath.com/forum/viewtop...5549#p5549