And the stock market is going up. Why because 50% of all stocks are owned by 1%

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Mar 30, 2020
12:29:25pm

tawillin All-American

And the stock market is going up. Why because 50% of all stocks are owned by 1%

of people. Yet the Fed spends all their time helping the 1%.

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tawillin

Bio page: tawillin
Joined: Jul 29, 2010
Last login: Oct 9, 2021
Total posts: 2,190 (13 FO)

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Messages

Author

Time

Fed estimate of unemployment

3/30/20 12:20pm

That won't lead to suicide, domestic violence or addiction at all...

EtTuKalante

3/30/20 12:22pm

Holy crap. That's worse than the Great Depression.

yorksama

3/30/20 12:22pm

😳

DC12

3/30/20 12:23pm

Would love to see the assumptions they made.

Bin01015

3/30/20 12:23pm

Have been on the roads?

ABCoug

3/30/20 1:15pm

RE: Fed estimate of unemployment

boogers

3/30/20 12:24pm

I’m hopeful jobs will come back fast.

cougarblue

3/30/20 12:26pm

You'd sure think so.

jkccoug

3/30/20 2:39pm

And the stock market is going up. Why because 50% of all stocks are owned by 1%

tawillin

3/30/20 12:29pm

link?

boogers

3/30/20 12:32pm

Here you go:

tawillin

3/30/20 1:28pm

this is because there are a few people who have created global businesses with few employees. The Zuckerburgs of the

HarlemCoug

3/30/20 1:51pm

Well put! You sir are a gentleman and a scholar!

7FootRussian

3/30/20 3:11pm

the market is down 35%

HarlemCoug

3/30/20 12:33pm

It is down because a debt bubble burst. A debt bubble bailing out the market

tawillin

3/30/20 1:34pm

<< Deleted >>

Abe Froman

3/30/20 12:40pm

You are exactly right the 1% get the largest socialist package in the world

tawillin

3/30/20 1:37pm

we aren't spending $10T on corona... now you're just making things up... and before you respond, it's worth noting that

HarlemCoug

3/30/20 1:55pm

Don't worry people are just worried about their 401Ks.

3/30/20 12:34pm

It is every small business' best interest to have all employees file unemploymen

BYUCLA

3/30/20 12:36pm

But will former employees be incentivized to go back to work if/when the additional $600/week on top of regular

mvtoro

3/30/20 1:15pm

The only hope is that people will fear that there will be less jobs available

Agaricus

3/30/20 2:51pm

They will lose their job with us if they don’t come back

BYUCLA

3/30/20 2:54pm

Hopefully that is what drives many back. The stupid amount the

Agaricus

3/30/20 3:01pm

News media sucks at reporting this stuff. That's the worst-case scenario, which

yerromnitsuj

3/30/20 12:52pm

. . . but which always gets more eyeballs.

squidmark

3/30/20 3:38pm

Holy cow.

jkccoug

3/30/20 2:38pm

Don't worry. It's not going to happen.

yerromnitsuj

3/31/20 11:17am

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