Bank of America warned investors on Thursday that a coronavirus-induced recession is no longer avoidable — it’s already here. “We are officially declaring that the economy has fallen into a recession ... joining the rest of the world, and it is a deep plunge,” Bank of America U.S. economist Michelle Meyer wrote in a note. “Jobs will be lost, wealth will be destroyed and confidence depressed.” Hunker down. Coronavirus will fuck us all. #assets #investments #ira #401k #bitcoin #stock
About time. Majority of the population hv already been fked for few years now. About time top 1% of greedy capitalist also get taste of it
Unless they get bailed out again
It's about to get a whole lot worse for the "majority of the population".
I can’t wait to see earning result in mid April
It already has.