America's pandemic response has been great eh. I would hardly call Obama an illiterate swine.
Most companies are on at least 30 day terms, these days many have been stretched out to 60,90,120. 0.25% interest rates mean it hardly matters when people get paid.
Personally I've always saved and invested, if other people haven't its not my fault or problem.
Australia managed pretty well all of this.how do you negotiate all that well in advance and agree a national/international moratorium on economic activity? if businesses are to pause, you have to convince their corporate landlords to pause the office rent. and if they're pausing it, you have to convince their creditors to give them a break, too. and you have to convince the energy companies that are keeping the lights on, the local councils who rely on the tax income from businesses to pay the local refuse collectors, etc etc. this surely doesn't need to be explained to you.
Most companies are on at least 30 day terms, these days many have been stretched out to 60,90,120. 0.25% interest rates mean it hardly matters when people get paid.
Personally I've always saved and invested, if other people haven't its not my fault or problem.
Fuck Israel