More chance of a correction when it truly sinks in the amount of money thrown at economies around the world. We need to control our exuberance when positive news of any sort is paraded before us, or we will be caught by a second wave of selling.
Last edited by bottomfeeder; 23-04-2020 at 03:23 PM.
no needs to be sooner than that , heaps people be unemployed by then. once the wage subsidy is finished companies be laying people of in droves to pocket the difference.
as an example if you have to give someone 4 weeks notice before redundancy maybe you could start that next month so the govt is paying the notice period rather than you so they are gone by the time wage subsidy finishes. then you have saved yourself 4 weeks payout under normal circumstances.
thats why there be mass layoffs when the wage subsidy finishes. its already starting i know plenty people have been given notice this week for meetings to start soon about there layoff.
as an example if you have to give someone 4 weeks notice before redundancy maybe you could start that next month so the govt is paying the notice period rather than you so they are gone by the time wage subsidy finishes. then you have saved yourself 4 weeks payout
Comes August or a month before the election, expect one - with Cindy’s compliments. No doubt there will be a letter with her smiling face & signature too.
But if you are on a marginal tax rate of 33%, hard potatoes - no helicopter money for you.
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Originally Posted by bull....
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