As CCP Coronavirus Lockdowns Expand, Small Businesses Shutter and the Left's Billionaires Get Richer

[GURPS]

Fortune reported in April, less than a month after most of the lockdowns started:

The world’s richest person is getting richer, even in a pandemic, and perhaps because of it.

With consumers stuck at home, they’re relying on Jeff Bezos’s Amazon.com Inc. more than ever. The retailer’s stock climbed 5.3% to a record Tuesday, lifting the founder’s net worth to $138.5 billion.

The pandemic has brought the global economy to a near standstill and pushed almost 17 million Americans onto the unemployment rolls in the span of three weeks. JPMorgan Chase & Co. and Wells Fargo & Co. signaled Tuesday that loan losses fueled by the unprecedented job cuts—many of them in the retail sector that Amazon so efficiently disrupted—could rival those incurred after the 2008 financial crisis.

Yet Bezos and many of his wealthy peers in technology, private equity and elsewhere are doing just fine, helped by unprecedented stimulus efforts by governments and central bankers. While the combined net worth of the world’s 500 richest people has dropped $553 billion this year, it has surged 20% from its low on March 23, according to the Bloomberg Billionaires Index.

As CCP Coronavirus Lockdowns Expand, Small Businesses Shutter and the Left's Billionaires Get Richer

As we head into a new round of more severe CCP coronavirus lockdowns in many (Democrat-run) states, the world’s richest billionaires and largest businesses continue to thrive. This while many sm...

pjmedia.com

 

[Hijinx]

A rumor: Is it true or just a rumor that many employees of the California Walmart have the Corona Virus.?
If so why is it still open?

I heard it from a usually reliable source.

 

[Sneakers]

A rumor: Is it true or just a rumor that many employees of the California Walmart have the Corona Virus.?
If so why is it still open?

I heard it from a usually reliable source.

That would be incredibly irresponsible if they had know infections and did nothing.

 

[Hijinx]

That would be incredibly irresponsible if they had know infections and did nothing.

I am not trying to expend on the rumor, I am merely asking if anyone else had heard it or if it is true.

 

[Sneakers]

I am not trying to expend on the rumor, I am merely asking if anyone else had heard it or if it is true.

Yeah, got that. Just thinking out loud.

 

[stgislander]

A rumor: Is it true or just a rumor that many employees of the California Walmart have the Corona Virus.?
If so why is it still open?

I heard it from a usually reliable source.

Knowing how the SMCHD loves their new found power, I can't imagine them allowing Walmart to stay open if they had a major outbreak. They'd at least close them a day or two for cleaning/sterilization.

 

[Tech]

Noticed the first global supply chain ad on TV for the first time in months.

 

[gunsmoke]

I am not trying to expend on the rumor, I am merely asking if anyone else had heard it or if it is true.

Yup...that is the proper way to stop or to not propagate a rumor...announce it on the internet.