Re:Markets, Rent and WFH
by freewilly1040 on Thursday July 02, 2020 @01:43PM
(#23715888)
My impression is that this response is basically a replay of the response to the 2008 crisis, perhaps on a bigger scale.
My prediction is that market behavior is going to be driven by politics. Wealth inequality was already intolerable and the consequences of this crisis are almost entirely falling on the working class. It is obscene that equity holders are doing as well as they are doing with the amount of unemployment we have at the bottom. The other shoe will drop.
My prediction is that market behavior is going to be driven by politics. Wealth inequality was already intolerable and the consequences of this crisis are almost entirely falling on the working class. It is obscene that equity holders are doing as well as they are doing with the amount of unemployment we have at the bottom. The other shoe will drop.