Covid-19 (Coronavirus) - Please stay safe, y'all


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European Central Banks also joined into spending a bit more. Will the Euro get worth less or will other countries have even more devaluation causing it to stay more stable?
euro_cb_assets.jpg

Is that 1.000.000 million Euro's spend in less then 3 months? Yes, yes it is.
New: https://fred.stlouisfed.org/series/ECBASSETSW
Older: https://fred.stlouisfed.org/series/ECBASSETS
 
European Central Banks also joined into spending a bit more. Will the Euro get worth less or will other countries have even more devaluation causing it to stay more stable?
Central bank spending doesn't necessarily lead to inflation. With the lockdown, demand has dwindled while supply has been more or less stable, which would normally lead to deflation (which is far worse for the economy than inflation). Giving money to people will let them buy that "extra stock" and keep the economy stable.
 
There's an anthropomorphization for everything.

 
More US news: I think they clearly asked to be transparent this time, as fraud was suspected with previous bail-outs.

"Federal officials responsible for spending $660 billion in taxpayer-backed small-business assistance said Wednesday that they will not disclose amounts or recipients of subsidized loans, backtracking on an earlier commitment to release individual loan data."

Reason to not disclose: privacy of small business owners.
- Maybe they should only disclose amounts above 1million then?
 
In France, the government offered to pay 70% of the salaries of people who had their working hours cut due to the lockdown.
When some people who worked full time received they paycheck, they were surprised to see that they were declared as working reduced hours by their employers...
 
Still struggling with rising coronavirus cases, India, Mexico, Russia, Iran and Pakistan have decided they must end lockdowns and restart their economies:
 
Dortmund, Germany: homeless people are being fined in the hundreds for "ignoring corona curfew" while literally thousands of virtue signaling idiots join protests over a dead criminal drug addict in the US. Honk, honk.
 
@Linux-SWAT

Were there heaps of people protesting in Paris today?

Yeah we had.
Yellow jackets were severely blocked in may:

but those morons are allowed because they are useful to the system who want the far right to steal votes from traditional right wing.
 
At least, since this night, the Borders to our Neighbor States are now open, so per exemple french can now drive to germany, and also the other way ^^
 
but those morons are allowed because they are useful to the system who want the far right to steal votes from traditional right wing.

It wasn't exactly "allowed". It was supposed to be, then at the last minute they decided to disallow it and prevented the protestors from marching (and additional people from joining). I don't know if it was a calculated move, and what they hoped to achieve if it was.
 
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