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So far, Coronavirus Layoffs aren't as BAD as many initially thought
Check out this layoff tracker: https://layoffs.fyi/tracker/
Considering the doom and gloom, you'd think there were 100's of thousands laid off. Not so. Faster 'graduated' recovery? |
LOL. Seriously?
This "tracker" counts only 316 companies. I am guessing in my small hometown alone there is more than 316 companies that have laid off people. Business Insider (which I'll trust over your tracker there) is saying that nearly half of all Americans will be unemployed this month.... https://www.businessinsider.com/layo...age-may-2020-4 This is going to be a devsasting blow to the world economy. You think we are going to "open up" again and suddenly restaurants will go back to hiring full staff, and having a restaurant full of people? Do you think people are going to go to movies, bars, nightclubs, sporting events, concerts? We have a amphitheater near us that sits 20k people and they've told their staff they do not expect to open this year. Even when we open up some people will not be interested in going out because they are scared of the virus, other people will not be able to afford anything because they've lost their jobs, and others will fear the economy is getting worse so they will spend less. This is going to be bad. |
Lol. It's going to be bad, real bad. The amount of people paying for porn will be 1/3 what it is today in 6 months. Cuz nobody will have any money.
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More people than ever have the ability to work from home. At this point I should have seen sales and rebills going DOWN since things have been shut down for two months+. But nope - still rising. Bottom line is NO ONE knows wtf we are facing as we move into the future here. |
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But thanks for the predictions of doom Nostradamus. LOL |
The US is dumping money on people in an effort to shore up the market. We have had 20 million people laid off so far. And our unemployment rate is the highest ever recorded. Should be about 20%.
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26.5 initial jobless claims in 5 weeks so higher than I said.
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I do think the "summer slowdown" will be 50x worse this year once people are let out of their home prisons. But that just means the extra revenue now will be balanced out by the inevitable dip. In the end it's all good. You also under estimate the tendency for Americans to willingly go into deep, deep debt in order to satisfy their short term needs. Like, getting a mortgage to go on a Las Vegas vacation. LOL They always say porn is recession-proof (and that has been my experience since I started in '07) so I guess we shall see. Let's hope for a quick recovery. I do not root for failure and collapse. |
Even many things are going bad, but people can't stop consuming their basic needs and I think porn is one of these needs.
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