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/biz/ - Business & Finance


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15687824 No.15687824 [Reply] [Original]

So it begins... the great recession of our time.

>> No.15687835

>>15687824
literally never heard of her

>> No.15687854

>>15687824
I need to find a new job now and I'm fucked. Applied for about 10 but nothing really sustainable.Being unemployed long term is probably my worst fear.

Any ideas guys ?

>> No.15687892
File: 159 KB, 500x500, DimK8r7WkAAx6dw.png [View same] [iqdb] [saucenao] [google]
15687892

capitalism shitting itself again after 11 years is not okay bros.

>> No.15687899
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15687899

>>15687854

buy ripple. or LRM coin. or CoffeeCoin

>> No.15687904

>>15687854
just buy more link

>> No.15687919
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15687919

>> No.15687933

>>15687854
Army for you.

>> No.15687983

>>15687854
Embrace unemployment, it was the best two years of my life.

>> No.15687986

>>15687824
Um, travel agencies haven't been relevant since:

-Google maps/earth
-Expedia/Travelocity/...etc.

Thomas Cook needed to adapt or outcompete - it decided to die.

>> No.15687991

>>15687824
This is great news - shit companies allowed to fail is a return to sanity.

>> No.15688000

Tourism industry is a shit

>> No.15688004

>>15687824
>of our time
That was 2008, here we go again

>> No.15688023

>>15687919
This is good news desu.

>> No.15688035

>>15687892
It is not capitalism. Boom and busts are a monetary phenomenon

>> No.15688037

>>15687986
What if this is the beginning of the chain? What if it affects countries like Spain, where tourism is essential?

>> No.15688113

>>15687983
Being fucking broke with nothing to do all day? Fuck that.

>> No.15688518

>>15688037
Outside of Germany & France, I'm not sure that Spain (the rest of Europe) provides anything that the world wants outside of tourism & wine. Spain also has ridicoulous levels of youth unemployment (30%). They already have 3x the US great recession unemployment numbers in "good times", what's 15% more, honestly?

If Spain has economic issues because travel agencies are going under then they better get ready for Greece-levels of austerity OR SPEXIT -> diversifying their god damn economy on their own terms.

^
Who am I kidding though? Good old Socialist Europe. There are no industrialists left on that continent lol

>> No.15688542

>>15687854
Military

>> No.15688556

>>15687919
>Moar! Bongs voting Remain
That fucking place (Canary Isles) is going to be a laugh when all the fat retired Bong boomer slags realise, Brexit fucked their health care right out the window. Short Thomas Cook

>> No.15688578

>>15687824
"Around 9,000 UK staff and 21,000 worldwide were left without jobs and 160,000 customers left abroad"

>> No.15688592

>>15688556
>Short Thomas Cook
>Does not realize that the company no longer exists (collapsed TODAY).

>> No.15688597

>>15687986
It actually made boomer bank, jist, fucked themselves buying up stupid competitors who were more hip with the internet shit (but never made a profit). 25% cost of every holiday they sold was going to pay the Joo. Their actual core business was probably sustainable, that debt level isn't

>> No.15688605

>>15688592
see ?
fucking -told you- so I did.

>> No.15688613

>>15687824
nothing ever happens

>> No.15688624

>>15687933

Unironically this.
You dont need to be foot soldier , go do the kitchen or stuff with radar where you sit all day around and see some of the world.
Preferably do this on Plane War Carriers

>> No.15688649

>>15687824

Thomas Cook was already suffering financially until the very present day.
Capitalism needs a reset sometimes. T.C is going to get bought by some rich Oil Sheikh soon or later.

>> No.15688662

>>15687854
don't live paycheck to paycheck you dumb goy and maybe you wouldn't have to worry as much.

>> No.15688670

>>15687986
this. the only people paying for overpriced vacations were literal 90 yo boomers who can't operate a pc. my grandparents booked a vacation for 5000 dollars that I could get for 400 easily.

>> No.15688875
File: 2.06 MB, 2848x3996, LIBERTY.jpg [View same] [iqdb] [saucenao] [google]
15688875

NO MORE DEBT
NO MORE CENTRAL BANKS
GIVE ME LIBERTY OR GIVE ME DEATH

>> No.15688940

>>15687854
If you've got no options see if any temp agencies in your area are hiring

>> No.15688974

>>15687824
They are in debt to Deutsche bank to make things funnier

>> No.15688989

>>15688875
Cringe Greek Larp

>> No.15688990

>>15687892
Central banks are causing this shit and they are not capitalism.

>> No.15688991

>>15688875
Historically Based

>> No.15689054
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15689054

>>15688989
>fucking with anyone's money. ever.
it's happening. Replace "George III" with "Federal Reserve" and we're primed.

>> No.15689720

Im amazed that travel company's are not required by law to at least be able to not leave customers stranded in this situation

>> No.15690183

>>15687824
Bro, it's literally a travel agency. As a burger I could never understand how Thomas Cook even lasted this long. Lmao imagine being a travel agent in 2019

>> No.15690276

>>15689720
Travel Agencies (and most airlines) are all bonded, there is a general insurance the agencies (ABTA, ATOL, CAA) will at least fly the stranded home, backed by UK government if needed. Hotels get fucked as the agency already pocketed the cash for the booking and they would need to put in a claim to the liquidator or hold the guests hostage. Also in the gets shit on list, people who haven't already flown. Leaving now is somewhat problematic as their airline JUST stopped existing - again, Liquidator or creditcard co. for their cash back, but no-one is organizing them replacement flights

>> No.15690288
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15690288

>>15687904

fuck off retard