Property developer and CEO: "Unemployment has to jump 40, 50 percent in my view. We need to see pain in the economy. "

[MarcMan]

Damn. He could fit a whole nother face on his forehead!

 

[Kiyoshi-Dono]

Now I know you corporate dikk sucking capitalists who say 20k a month is little money
Ain’t pretending to be mad in here
When any thread dealing with money and people fighting back
Say the same thing as this dikkhead
The same dikkheads that claim stimmy checks are the reason for inflation not the government bailouts to corporations
What you nikkas will do for them daps

 

[Iceson Beckford]

@Wild self

 

[chineebai]

this some 80s reaganomics shyt

 

[kevm3]

This is why they want to disarm you and put you on digital currency. Keep the slaves in line, if they get too testy, empoverish them

 

[Diunx]

Reminder that most successful business men are functional psychopaths.

 

[Cakebatter]

Classic Neoliberal economics. Trillions spent in corporate stock buybacks, a lot of it from the the Fed buying up corporate Bonds and corporate bailouts, but when it comes to reducing the money supply, they look to take it from average Americans.

 

[Piff Perkins]

Lot of people have been begging for a recession and keep reacting in disappointment at the good data we keep getting monthly. They want a reset. I also don't think it's a coincidence that inflation and CPI keep falling yet some prices aren't going down. Some of the corporate price gouging we saw during quarantine are being exposed. Some of that will end obviously but it's worth keeping an eye on.

Based on trends we could be at 2% inflation by the holiday season. GDP growth is on pace for 6%. The US economy is humming along at near historic levels of success yet multiple corporate types will tell you productivity is bad. It makes no sense. They decided this would be the narrative three years ago and are sticking with it.

 

[Yapdatfool]

Low unemployment is not good for economy. Its a sign of inflation which will cripple several markets.

Was the great recession of 2007-09 good for the economy?

 

[50CentStan]

All these companies are waiting for that. Watch how shytty they treat workers when it happens. Hopefully people ready to fight instead of be subordinate

 

[BrothaZay]

What did he say wrong

 

[Mike809]

If that dude was my company's CEO , I would submit my resignation letter.

 

[RickyDiBiase]

This is why they want to disarm you and put you on digital currency. Keep the slaves in line, if they get too testy, empoverish them

They can't disarm people you nutcase

 

[ThatTruth777]

Sounds like a conservative

 

[Yapdatfool]

What did he say wrong

Man gone somewhere trollazay