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5 votes
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Oil plunges below $5 with traders fleeing expiring contract
21 votes -
Australia's manufacturing pivot in a post-coronavirus world as COVID-19 creates 'new era' for the economy
4 votes -
America's largest bank, JPMorgan Chase, prepares for a massive round of defaults
7 votes -
Amsterdam to embrace 'doughnut' model to mend post-coronavirus economy
11 votes -
Japan to fund firms to shift production out of China
8 votes -
Coronavirus JobKeeper package passes Australian Parliament
4 votes -
Coronavirus upends global food supply chains in latest economic shock
6 votes -
US lost 701,000 jobs in March; much worse to come
8 votes -
Social Security recipients who don’t usually file tax returns will automatically get $1,200 payments, Treasury says in reversal
6 votes -
Social Security recipients who don’t usually file tax returns will automatically get $1,200 payments, Treasury says in reversal
11 votes -
How many jobs can be done at home? UChicago study
PDF: https://bfi.uchicago.edu/wp-content/uploads/BFI_White-Paper_Dingel_Neiman_3.2020.pdf
8 votes -
The US is betting that being furloughed is better than being fired for 600,000 workers
9 votes -
Australian Federal Government offers $130bn in coronavirus wage subsidies for businesses to pay workers
7 votes -
US President Donald Trump has signed a $2,000,000,000,000 stimulus bill, along with many other leaders in their respective nations
This thread is a follow-up to the oil prices thread we had less than a month ago. Australia has signed a stimulus package So has the US (title) (link) And Canada And Brazil (in portuguese) So how...
This thread is a follow-up to the oil prices thread we had less than a month ago.
Australia has signed a stimulus package
So has the US (title) (link)
And Brazil (in portuguese)
So how are we feeling about this? Will the packages do their jobs and bandage the economy together until we stop the virus, are we headed towards a new great recession/depression, is this the nail in the coffin for the US as a political power (China has the virus under control in their nation and they're selling/giving out tons of masks so if the US economy is nuked and the Chinese only feel the trade effects then they can further empower themselves)
9 votes -
The new US stimulus bill is massive, but it might not be enough
10 votes -
As New Zealand goes into lockdown, government considers a universal basic income to ward off economic peril
7 votes -
Krugmans babysitting co-op
4 votes -
Coronavirus stimulus package worth $84 billion passed without objection by Australian Parliament
11 votes -
Denmark’s idea could help the world avoid a great depression
10 votes -
US Fed ready for unlimited QE and aid for companies, municipalities
5 votes -
Australian government's $66 billion coronavirus stimulus package seeks to keep businesses afloat and workers employed
8 votes -
Which workers are most vulnerable to the economic costs of COVID-19?
5 votes -
Federal Reserve launches special fund to keep credit flowing in US economy during coronavirus scare
4 votes -
Global oil use heads for steepest annual contraction in history
7 votes -
Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program
22 votes -
The Federal Government has announced a $17.6 billion economic stimulus package in a bid to keep Australians in jobs as the economy takes a hit from the spread of coronavirus
10 votes -
Why have contestants on “The Price is Right” become so much worse at guessing?
8 votes -
‘Now is the time’: A Federal Reserve official urges Congress to plan for recessions
7 votes -
The great affordability crisis breaking America
5 votes -
US Congressional Budget Office annual report projects continued economic growth, but federal deficits and debts reaching levels not seen since just after World War II
8 votes -
War by other means: Syria’s economic struggle
4 votes -
How valuing productivity, not profession, could reduce US inequality
5 votes -
How elite professions create inequality
5 votes -
The $250 trillion burden weighing on the global economy in 2020
9 votes -
Finland braced for strikes seen shaving $220 million off economy
4 votes -
If Universal Basic Income would be introduced, how would you stop prices from rising uncontrollably?
This question has been going through my head for quite some time. UBI has been talked about quite a bit now, and usually the question is if it should be introduced and if yes, how much should...
This question has been going through my head for quite some time. UBI has been talked about quite a bit now, and usually the question is if it should be introduced and if yes, how much should everyone get?
But how would you stop UBI from inflating the economy? If everyone suddenly gets 1000€/month purely because they exist, how do you stop rent from suddenly going up 1000€/month? How do you stop it from going up gradually?
28 votes -
Bank of Canada holds at 1.75%, warns economy's resilience to be 'tested'
8 votes -
Yield curve and predicted GDP growth
9 votes -
Bank of Canada maintains overnight rate target at 1.75%
7 votes -
The next recession will destroy millennials
24 votes -
Up to 40% of retail stores in Finland could go bust by 2030 – competition from online retailers will bring major upheaval
7 votes -
ASX 200 share index hits a record high, finally beating pre-financial crisis levels
3 votes -
Mario Draghi signals 'worse and worse' outlook warrants ECB stimulus
7 votes -
Australian Government's $158b tax cuts pass Parliament, giving Coalition first win since election
5 votes -
Universal Basic Income - Life after automation
8 votes -
Capitalism isn't 'broken'. It's working all too well - and we're the worse for it
27 votes -
How Itta Bena, Mississippi, became a banking desert
5 votes -
Shadow banks are back with another big bad credit bubble
11 votes -
Young Puerto Ricans are leaving the island to escape the territory's debt
7 votes