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Unemployment 32% and 47 Million Job Losses! Fed To Bailout Corporations DIRECTLY!
As the COVID-19 pandemic continues to wreak havoc on the global economy, the United States is facing an unprecedented level of unemployment and job losses. According to recent reports, the unemployment rate has surged to a staggering 32%, with approximately 47 million Americans having lost their jobs since the start of the pandemic.
These alarming numbers have prompted the Federal Reserve to take unprecedented action in an effort to stabilize the economy and prevent the total collapse of key industries. In a move that has sparked controversy and debate, the Fed has announced plans to bailout corporations directly, bypassing the traditional method of providing financial assistance through banks and other financial institutions.
The decision to bypass banks and provide direct assistance to corporations has raised concerns among critics who fear that the move could potentially lead to a concentration of economic power in the hands of a few large corporations. Others argue that this direct intervention is necessary in order to prevent a complete collapse of key industries and the subsequent devastation of the American economy.
While the debate over the Fed’s decision continues to rage on, the reality is that millions of American workers are facing an uncertain future. With businesses shutting down and layoffs becoming increasingly common, the economic fallout of the pandemic is being felt by people from all walks of life.
In response to the unprecedented level of job losses, the federal government has implemented several relief programs aimed at providing financial assistance to those who have been affected by the pandemic. However, many argue that these measures are not sufficient to address the magnitude of the crisis and that more drastic action is needed in order to prevent a complete economic meltdown.
As the debate over the best course of action continues, one thing is certain: the COVID-19 pandemic has had a devastating impact on the American economy and the livelihoods of millions of people. Whether the Fed’s decision to bailout corporations directly will provide the relief and stability needed to weather this unprecedented storm remains to be seen. But one thing is clear – the road to economic recovery will be long and difficult, and the challenges ahead are daunting.
Ok so we got a run up of pumping cash into the market to set up automashion buying up everything so they have complete control of the market setting up the new currency reseting the market keeping control than letting out the loans only to people they know they have the last word over that y they track what you look at online hears the problem we dont know the 100 year look on the agenda thats my problem with it because they alway play down a technology so the little guy got to be very crafty to make a million or two
The fact is Everybody has a story…including you. What 's it called…o'ya..a whistle blower. Another boring whistle blower with not a clue how to remedy the problem. Try leading us out of this mess instead of stirring the muck. No..I didn't think so. You have no idea how! Just want to be paid to talk about it. Well we have plenty of those! No thumbs up for you.