SAS Temporarily Lays Off 90% of Workforce, Affecting 10,000 Jobs
And that's just one company. Shit keeps hitting the fan here in my neck of the woods and are likely to get worse still. 'Everything' is already shut down and what's not already is getting shut down. For how long? God knows.
Spain established a national curfew this weekend.
I imagine the US is lagging Europe here.
Rate cuts and liquidity injections are all fine and necessary, but I don't think it's going to do anything more than alleviate the problems ahead.
And that's just one company. Shit keeps hitting the fan here in my neck of the woods and are likely to get worse still. 'Everything' is already shut down and what's not already is getting shut down. For how long? God knows.
Spain established a national curfew this weekend.
I imagine the US is lagging Europe here.
Rate cuts and liquidity injections are all fine and necessary, but I don't think it's going to do anything more than alleviate the problems ahead.
