#Economy

Pwn All The Things

pwnallthethings

"My opponent is senile and unable to perform basic human tasks like giving a speech, but also must be on performance-enhancing drugs because no human could achieve his ability at

Tony Yates

t0nyyates

As others like @jasonfurman have pointed out, it's also a policy that directly encourgages us to do something risky, without any evidence that our test/trace system can absorp the infections

Jay

OneFineJay

Hey so it took a week for new jobless claims to double from 3mn to 6mn, and two weeks to jump totals from 700k to 10mn, but we’re not allowed

Kevin Milligan

kevinmilligan

I think there is too much pessimism about the future path of the labour market and economy.Yes, the labour market took a terrible hit in March and April. We will

Erik Townsend 🛢️

ErikSTownsend

1/THREAD: THE V-SHAPED CRUDE DEMAND RECOVERY FANTASYI'm baffled by the popularity of this GS chart anticipating crude oil demand to recover just as quickly as it collapsed.Almost everyone seems to

William Gillis 🏴

rechelon

Supply chain infrastructure is complicated and can be hard to fluidly adapt quickly.This is an inherent problem for any economy. But COVID emphasizes how the goal isn't merely a static

agitated outsider

grumpyanarchy

Liberals treat small businesses as untouchable pillars of the community. In reality, small businesses are some of the most exploitative workplaces, and often play a significant role in the gentrification

wielisc ☭

wielisc

I've stumbled onto a major economic conspiracy, Mack. How about that for stress? The US is being bled like a stuck pig, Mack, and I've got a paper trail to

Salman Nizami

SalmanNizami_

THREAD- The Muslim rule in India was not about Mughals alone. From the 8th to 18th century – it is around a 1000 years of Islamic rule. Like other great

RiJOY😷

iamrijoy

#BoycottChineseProducts Supporting the above hashtag may make you feel you are a patriot. But are doing good for India by doing so? Just think about it.Patriotism is not something you

quandrix cultiva-🐢

wehpudicabok

repeat after me:landlords produce nothinglandlords produce nothinglandlords produce nothing construction workers produce houses. repair workers maintain them. landlords neither produce a good nor provide a service you can evaluate whether

JamesSmithRF

JamesSmithRF

New edition of @resfoundation's Macroeconomic Policy Outlook out today which focusses on the macro drivers of the labour market (with @jackhleslie)Tl;dr: risk of a larger-than-expected unemployment rise demands policy action.Short

David Enrich

davidenrich

Exclusive: The Trump Organization is looking for financial help from @DeutscheBank and Palm Beach County in Florida, according to sources and documents reviewed by @nytimes. with @benprotess @EricLiptonNYT https://www.nytimes.com/2020/04/02/business/

Claudia Sahm

Claudia_Sahm

morning chart.in the coming months inflation will likely pick up substantially -- big fiscal packages work! even so, average inflation since last January will remain below the Fed's new 2%

Conor Dougherty

ConorDougherty

In the meantime, I wrote a story about rent, which has puzzled me so greatly.https://www.nytimes.com/2020/05/31/business/economy/coronavirus-rent-landlords-tenants.html The first week of the shutdown, something like a third of renters didn&

Filmy Malaria Johnny

souls_asylum

I've been reading and watching a lot of macro and global economics related stuff to understand the fundamentals and educate myself on the kind of dire situation we find ourselves