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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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18602591 No.18602591 [Reply] [Original]

When this is all over, how in the world are companies going to able to hire and employ millions of unemployed or furloughed americans at a livable wage when they will be operating at a no profit level for 2+ years after this? Are we looking at 20% unemploynent for the next decade?

>> No.18602612

yep

>> No.18602659

>>18602591
>>18602612
Guys did oil priced dump because it's infected with Corona virus?

>> No.18602680

>>18602612
How will the global ecomomy even recover if people have no money to consume?

>> No.18602693

>>18602591
yes its really bad

>> No.18602758

>>18602659
Yes

>> No.18602784

>>18602680
How are people supposed to consume when they can’t even make rent?

>> No.18602906

>>18602784
Exactly. That plays into it. How will governments fix this? You cant just have hoardes of homeless people roaming city streets. Property values will go down

>> No.18603295

>>18602906
War.

>> No.18603523

>>18603295
We cant really have war though because of nukes.

>> No.18603570

>>18603523
Sure we can. The elites all have bunkers set up for themselves already, they don't care if everybody else gets fried.

>> No.18603643

>>18603570
>The elites all have bunkers set up for themselves already, they don't care if everybody else gets fried

They might care if their real estate gets irradiated and their workforce calls in due to radiation sickness.

>> No.18603699

>>18603643
when your life is at stake, other considerations become secondary. Just look at what the corona scare did to people