People are massively striking out on their own. But new businesses with planned wages have been getting scarcer since 2007.
Wolf Richter with Jim Goddard on HoweStreet.com Radio
Stimulus & extra UI dried up. But 16% of “proprietors’ income” in October was PPP money & Pandemic farm aid.
A pandemic of house price inflation.
On Fumes of Stimulus and to Soothe the Frustration.
But the problemita of pulling the rug out from under the entire banking system still needs to be addressed.
No one has ever put a number to it until now.
Why do bondholders and leveraged speculators have to be enriched, instead of providing fiscal relief to the unemployed and small businesses? That’s the question.
Jawboning alone whipped the markets into froth. So maybe enough is enough, and let taxpayers have their money back as planned?
Online sales jumped 37% in Q3, after 44%-Spike in Q2. Online food-and-beverage sales up 160%.