I seriously doubt that the Wall Street situation can hold out until after the Senate Filibuster situation gets resolved, if they ever do remove or water down the filibuster at all. So this seems like a likely outcome.
They're gonna bail out Wall Street again. Fucking again.
And not just bail them out. IMMEDIATELY bail them out.
:obama-drone: uhhhh.... Muh legacy
Kind of but there's labor laws slowing it down luckily. Idk how much longer it's gonna hold for. They rely more on just outright manipulation to have lower numbers. Like, after covid they said "well due to special conditions, we are changing the methods we use to collect data for now", and then they were like "look! We're doing well! Unemployment hasn't increased dramatically!". Yeah of course it hasn't, you literally changed the rules.
Yep I wish there was a good place to get unemployment numbers but I haven’t found one yet. Keep an eye on that struggle comrade. Those fucking hounds will destroy whatever labor protections do exist.
They don't exist. The people who are in a position to do the stats are also incentivized to cheat. The funny thing is that ELSTAT (the Greek statistics agency) cheated by so much this time that OECD (which also cheats but is less tied to the Greek government) is now showing a discrepancy with ELSTAT. It's all very dumb.
And yes, the current neoliberal government is working overtime to get rid of protections and covid is not helping because it is hard to organise when there is a general lockdown. Literally all media except like one channel and a couple newspapers that few people read anyways are 100% supportive of the government too, and combined with everyone just being permanently stuck at home it's like people have developed a Stockholm syndrome for the government and it sucks.
Yeah I think they realized at a certain point that accurate unemployment numbers are just bad for the stock market so we can’t have those lol. That is really funny though, I hope I get to see Greece someday.
I feel like one of the things I’m always trying to beat my lib friends and family over the head with is the idea of America cultural hegemony. The only reason I say this is because that’s almost exactly what it feels like here too, atleast as far as the liberal media goes. It’s so hard to get Americans to understand how tied up the political and economic situations of the rest of the world are in our stupid fucking democracy and in fucking Wall Street. That was so important for me to understand the Cold War, a war basically waged through cultural hegemony. And I still forget sometimes too, thanks for reminding me how real this shit will get all over the world when Wall Street tanks. o7