‘likely caused by quiet quitting’. Lol
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Not really right thread but it’s pretty incredible how productivity skyrockets for 70 years since ww2 and wages barely grow and then wages start to rise just a bit and now we need to bash those wages down and start a recession, preaching to the choir im sure
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Probably throw this over to the great resignation thread and it’ll get some discussion as we’re sorta talking about that now over there.
futures up 2%? Why?
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Everyone got laid off, good news!
It’s even better than that. I totally just made it up without a reliable source, or even something from the BB Sea.
Bank of England not going to absolutely ruin us all… yet.
How the hell does the BOE have the power to matter. Britain is a piss ant of a country with a barely relevant economy.
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CEO salaries are continuing to rise, with the median pay for top CEOs up by $20 million last year. For nearly a year, companies have been reassuring their shareholders that they’re passing off the cost of higher prices on to customers, and some people worry “corporate greed” is a driver of inflation.
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“Congress and the administration need to take direct action against profit-price inflation, rather than rely solely on the Fed to raise interest rates and put the burden of fighting inflation on average working people who are not responsible for it,” Reich wrote.
Yeah I’m sure they’ll get right on that bud
This is people are bad at understanding math 101. The actual doubling is described in the article:
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Can confirm, paying $5.60/bag for Skittles now, $3.50 a month ago. Micro 101 teaches me that is due to Halloween, we’ll see.
6.48%? In this economy?
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