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A comment on Booking.com gives €28m in bonuses to three top execs; Took €65m in State aid. Parent comment

Re:Booking.com gives €28m in bonuses to three top execs; Too... by manquer on Friday May 28, 2021 @05:06PM (#27320506)
With weaker demand rents would have actually fallen a lot more than now. That in turn would have an impact on asset prices in the long term.

Will it be fairer to employees ? I don't know, there will be lot more pain for employees without government intervention.

However with Quantitative Easing or bailouts and COVID loans means the rich are not paying the same price as well, that is why rich are becoming richer, poor suffer either way.

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Re:Booking.com gives €28m in bonuses to three top execs; Too... by sangnoir on Friday May 28, 2021 @11:52PM (#27322898)
> With weaker demand rents would have actually fallen a lot more than now

In this sentence, is "weaker demand" euphemism for mass homelessness?

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Re:Booking.com gives €28m in bonuses to three top execs; Too... by manquer on Sunday May 30, 2021 @01:19PM (#27334778)
Not necessarily, demand in Bay Area for example is not really connected to homelessness all that much.

While rents have dropped a bit here, it more likely to get 2 months rent free rather than actual drops.

In a tough economy I would expect rents to drop and in turn asset prices as well.

The 6 trillion pumped in has to go somewhere, if it’s not inflation of consumer goods, it is inflation of capital goods. This has made it incredibly harder for mobility and wealth inequality

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Re:Booking.com gives €28m in bonuses to three top execs; Too... by diordiderot on Saturday May 29, 2021 @04:34AM (#27323869)
It's amazing how sociopathic economics is without context
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