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I’ve literally spent $0 of my unemployment or Orange man money. It all went into a savings account.
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I've been seeing negative news about the savings rate increasing. They actually want people to spend the money to stimulate the economy. They are trying trickle up economics for the first time but they so dam cheap and Scarry they don't understand they haven't given people enough to do anything with. 2 months later they are still patting themselves on the back for that $1200 dollars that everyone hasnt even received. These politicians are really showing how out of touch they are.
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Also put majority of ours in savings
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Good. Close these commercial properties and replace em with low/middle income housing.
elpablo21
Supporter
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amen to this!!!! All these BS brick and mortar storefronts. Abandoned shopping centers and malls. Knock that s*** down and make apartments or homes
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The gov't response has been underwhelming and it has been deliberately underwhelming. It is sickening and it is set up compel workers back to work and to destroy small capital owners so that larger capital owners can swallow up that capital and further consolidate.
As far as the savings rate is concerned. It's terrible that many people basically have to use that money to pay debts or feel the need to save it. As far as savings rates increasing and what that means for the overall economy, it is hard to tel because the lock downs have decreased households' ability to spend money so some may be saving because they just don't have outlets to spend.
putting in work
Supporter
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Airlines are about to obliterate their employees.
Through all of this I still don't see house prices being affected.
Through all of this I still don't see house prices being affected.
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What sector do u work in?
im in same boat working on some independent stuff rn
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This is a major cultural shift. We are still early into this maybe a year from now the effects will be more evident.
But it's clear that there is a designated class of people meant to save, some meant to spend every dollar they get, and others that attempt to hold the shaky middle ground between those two options.
Trump just signed an EO.
He literally said we are going to a skills based job economy. No more merit and where you went to school being the reason for the job. These for the longest have been seen as barriers to entry to the middle class.
Direct corporate training will definitely increase employee retention if what your company trained you to do is super specific and doesn't translate elsewhere.
So many things are drastically changing. I don't see a middle class surviving at all after all of this.
I think we will see the Uber wealthy and the rest of the ppl on UBI. The $1200 was a appetizer. Closer to election I think it will become permanent. While the Democrats discuss means testing and other too slow to help legislation, all Trump will do is out left the left and implement their policies forces Dems into a conservative hell hole in response.
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look into affiliate marketing breh. i have tons of resources and programs i bought already, even have some 6 and 7 figure ad campaigns verbatim from Robby blanchard, i just struggle mightily with mindset, time management, and following through on things so I really only made a couple hundred bucks so far, but all my contemporaries i follow on the socmed's be quitting their jobs entirely in 3-9 months. Look up Jonathan montoyah for example
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sooner or later they were all finna be online anyways
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I can see Yahoo actually going on that list gievn there recent lack of success.
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elderwatsondiggs
eating good though. Sold drones to police during the police brutality protest. Watch for his Moves, on his way to trillionare status by the end of this year.
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mans was arleady at trillionaire, he hitting quadrupiliionaire in 2020
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this built off slavery & sustained through credit. Money ain't worth a damn. How else do u thing they pulled $1.4 trillion from there *** along w/ the other bailout's the government gives to these huge corporations?
Money means nothing, but the illusion of money means all:
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Like you guys were saying. I hope those stores and offices turn into housing for people to have somewhere to live and it will keep me busy at my job.
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No one mentioned the real winner in all of this
Shopify
Shopify
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Anybody in here lost their job due to the rona?
how y’all bouncing back?
how y’all bouncing back?
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mentioned this around when the checks went out. GOP missed a great chance to reframe “socialism” into something that could grab them a lot of votes. they dropped the ball but still have some time.
bot protection going crazy
