and workers have been through economic crises before. They know that each time the agony is different—and that each time entrepreneurs and firms adapt and bounce back. Even so, the shock ripping through the business world is daunting. With countries accounting for over 50% of worldin lockdown, the collapse in commercial activity is far more severe than in previous recessions.
Don’t be fooled by all this. In the last recession two-thirds of big American firms suffered a fall in sales. In the worst quarter the median drop was 15% year-on-year. In this downturn falls of over 50% will be common, as high streets become ghost towns and factories are shut. Numerous indicators suggest extreme stress. Global oil demand has dropped by up to a third ; the volume of cars and parts shipped on America’s railways has dropped by 70%.
Large firms should prosper since the govt’s lockdown laws have wiped out small businesses and the bailouts are mainly available for large companies.
StayHome StayAtHome only you can contain COVID19
So did the Black Death😷
How's the winning going Donald.... LOL... 🙄🙄🙄Hopefully he's toast come end of the Yr in the US election.
That's howcapitalismworks right?
Critical industries should be brought back to America especially pharmaceutical etc.
I thought you were making these articles free?
nobody in america uses the word fortnite anymore losers
A lot of desk jockeys that don’t actually do anything
👍👍
You ain't seen nothin yet... The big void is coming. -Loss of jobs -Closing of businesses -Loss of income -Inability to pay rent -Inability to buy food -Stress on relationships -Divorce -Economic collapse coronavirus
This teaches us to be assets in the institutions we work. They can't do away with you if you are an asset. But if you are a liability.......well you knw🤷♂️
Indeed it will.
Your article too expensive
CHICKENS
Increasing trend in demand function indirectly impacted prices.
MayneReport Governments are useful who would have thought it
MayneReport When the tide goes out etc
“Idle” is not a verb. Is that “to” an error?
“To support the American people during this pandemic, Congress must: 💵Guarantee 100% of...workers' paychecks 💊Empower Medicare to pay all out-of-pocket costs 🏦Provide $2,000 a month for all 🤒Give paid sick leave to...workers 🏡Suspend rent and mortgage payments” -SenSanders
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