Norway's wealth fund loses £16bn in first half of 2020 after Covid panic – state support has restored investor confidence but fund expects more market turmoil
7
votes
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The recession is over for the rich, but the working class is far from recovered
7 votes -
Millennials slammed by second financial crisis fall even further behind
15 votes -
The lights go out on Lebanon’s economy as financial collapse accelerates
13 votes -
You are now leaving FantasyLand: The losses will be taken by somebody
4 votes -
Does increasing the minimum wage lead to higher prices?
6 votes -
Poorer, angrier, riskier -- modelling the crunch with Surplus Energy Economics
4 votes -
What economists fear most during this recovery
8 votes -
The economics of nuclear energy
7 votes -
Will all this fiscal and monetary stimulus lead to excessive inflation? (No.)
5 votes -
US Labor Department employment report shows unexpected improvement, but recovery could still take years
7 votes -
David Willetts discusses how baby boomers have become the biggest and richest generation in British history at the expense of younger generations
8 votes -
How Germany saved its workforce from unemployment while spending less per person than the US
12 votes -
Spain set to introduce permanent basic income scheme to rebuild economy post-coronavirus
18 votes -
Under cover of capital gains, the hyper-rich have been getting richer than we thought: the earnings of the top 0.1% grew 50% more from 1996 to 2018 than previously measured
20 votes -
People are worried about BlackRock
7 votes -
America’s only public bank, the Bank of North Dakota, is number one in saving small businesses
10 votes -
After the crisis, big business could get even bigger: the pandemic and its response thus far are perfectly designed to concentrate corporate power--but we don’t have to accept that
6 votes -
What will it take to prevent a new Great Depression in the USA? Around $10,000,000,000,000 (ten trillion dollars).
9 votes -
The lessons of the Great Depression
8 votes -
Angela Merkel and Emmanuel Macron make a stunning coronavirus proposal on EU pandemic fund
10 votes -
Amazon eliminates pay raises for workers as COVID-19 toll mounts
5 votes -
Non-glamorous gains: The Pennsylvania land tax experiment
7 votes -
What happens in a recession and is it inevitable?
3 votes -
US GDP doesn’t credit social distancing, but it should
6 votes -
Pandemic bills are so big that only money-printing can pay them
6 votes -
The class politics of the dollar system
6 votes -
Why we're seeing mass layoffs in the US but not the UK
14 votes -
Coronavirus is dealing a gut punch to the illegal drug trade, paralyzing economies, closing borders, and severing supply chains in China
4 votes -
Millennials are now the new lost generation
37 votes -
Denmark may issue securities in foreign currencies for the first time in years to finance programs to support the economy through the coronavirus crisis
4 votes -
Why this is unlike the Great Depression (better & worse)
8 votes -
The global dollar short squeeze
4 votes -
The Cantillon Effect: Why Wall Street gets a bailout and you don't
4 votes -
Amsterdam to embrace 'doughnut' model to mend post-coronavirus economy
11 votes -
How come Australia suddenly has billions of dollars to pay for welfare?
12 votes -
Young adults, burdened with debt, are now facing an economic crisis
6 votes -
US lost 701,000 jobs in March; much worse to come
8 votes -
Norway wealth fund lost record $113 billion in stock slump – fund faces first forced asset sales for crisis fiscal spending
7 votes -
Social Security recipients who don’t usually file tax returns will automatically get $1,200 payments, US 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 -
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 -
Too big to fail
2 votes -
As New Zealand goes into lockdown, government considers a universal basic income to ward off economic peril
7 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 -
Which workers are most vulnerable to the economic costs of COVID-19?
5 votes -
Markets are down for a reason: Also the Fed’s response, capital requirements, opportunistic M&A and securities fraud
7 votes -
Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program
22 votes