Cavuto is that you?
There’s 35% unemployment right now silly rabbit. But businesses are being paid to keep their payrolls or at least their rents paid. Nobody in govt employment is hurting. Little People are being encouraged to not give up their dreams. Some are using this opportunity to skill-up. So that when this passes, the ‘non-essential’ Little People go right back to 1% unemployment. And consumerism explodes into the stratosphere, especially for theatre, restaurants, amusements, new autos, outdoor gear and widgits. People will reward themselves for surviving. Bank on it.
So that when this passes, the ‘non-essential’ Little People go right back to 1% unemployment. And consumerism explodes into the stratosphere, especially for theatre, restaurants, amusements, new autos, outdoor gear and widgits. People will reward themselves for surviving. Bank on it.
You are dreaming. The economy is shutting down all around me. Housing construction in particular. Who will buy a house in an area where recently constructed homes lost 40-50% of their value only a decade ago? Only the insane and financially illiterate. It’s going to take years to restore consumer confidence that was shattered by the Wu Flu Panic of 2020.
Skilling up is perfect for right now. Lots of free online courses and what else do people have to do.
Also, perfect time to do things around the house that have been put off for years.
Time for family. Time to relax. Time to read and do hobbies.
There is an upside to staying home. People would do themselves a lot of good mental help to look at the positive.