If I 'wire' money to another country. Is that just an electronic message saying "this account on our end has been debited by 1000, credit this account in your bank by 1000"
Then does any money move or is it just data on a server?
These tiny tax havens with hundreds of billions in bank accounts. Do they have any physical money on the island or is it all data on a server. If it's just data on a server cant they just fiddle the accounts in their own jurisdiction without anyone else knowing?
In the week ending April 18, the advance figure for seasonally adjusted initial claims was 4,427,000, a decrease of 810,000 from the previous week's revised level. The previous week's level was revised down by 8,000 from 5,245,000 to 5,237,000. The 4-week moving average was 5,786,500, an increase of 280,000 from the previous week's revised average. The previous week's average was revised down by 2,000 from 5,508,500 to 5,506,500.
That means you'd have to fake authentication on your server which is near impossible. That's why people just steal money by phishing. It's way easier and harder to get caught if you aren't an idiot
Jonathan Wood
>4.2 Million
Time to start the bull market now
>round about 21% unemployed
Kevin Watson
My life has no changed at all since the crisis started. I still go to work everyday, and literally nobody has gotten this shit. The only thing that was even remotely different was the 3rd week or when ever it was, where we had to wait in lines to go in the grocery store. Even now don't have to worry about that.
Literal nothing burger, all the unemployment is useless jobs that weren't needed anyway. Funny because all of the jobs "automation will get rid of" were all still working during this "crisis", kind of telling isn't it? That the truck drivers, store clerks, amazon wagies, and mailmen were all still working while, the "good jobs" got sent home to masturbate.
Really shows who the leeches of society are.
Nathaniel Reed
4.4 MILLION REPORTED 4.4 MILLION REPORTED 4.4 MILLION REPORTED 4.4 MILLION REPORTED 4.4 MILLION REPORTED
Luke King
Anyone else just get rich from Jnug? Up over 1000% suddenly from yesterday. I just invested for the first time ever yesterday and picked jnug to invest in thanks to reading a gold thread here, and now Im fucking LOADED! I can't even believe it. Can pay off my 75k in debt and STILL have 20k leftover
Landon Adams
UNEMPLOYMENT PER WEEK GROWTH HAS SLOWED
BULLISH
Blake Baker
>HOLY FUCKING SHIT UNEMPLOYMENT IS AT 21%. THESE NUMBERS MUST BE UNPRECEDENTED.
The fact it is verified at an official bank server. I don't know that the fed itself tracks the transactions but the money is all trackable. You end up with a serial number that's the same as another dollar and BAM, the Chan van stops fapping to tranny porn long enough to Don their FBI costumes and throw you in jail
>tfw still employed >I spend my time off work reading people on /smg/ saying "why is my JNUG up 1000%" or "what happens to my JNUG calls if the reverse split" >I go into work and my coworker asks me "what happens to my JNUG calls when they reverse split"
I can't escape anymore /smg/ and robinhood have infected all areas of my life
The priced in meme is the fucking worst because it’s so obviously true. “Complete economic collapse is priced in, bull market incoming” is both a meme and a true statement. Fucking clown market. Kill me.
These are the only jobs that matter: Finance Healthcare (for now) APPL, GOOG, TSLA, MSFT If you are anything else you are a LEECH
Mason Wright
>All of the 22 million jobs created in the U.S. economy since the global financial crisis have been wiped out in five weeks as states and local governments have issued "stay-at-home" or "shelter-in-place" orders to control the spread of Covid-19, the respiratory illness caused by the coronavirus. That has halted economic activity and prompted waves of layoffs. BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH BVLLISH
Jayden James
I'm not bullish until the new claims are negative and people are paying the state again. I want to see an uneployment rate of like -.100% because everybody is working 2 jobs to pay for the green energy programs.
Liam Perez
Neither a meme nor a clown market. The market behaves very rational - less employed people means less costs for the companies equals more money for stock buybacks - ez money
You're retarded, so many analysts have already nailed it, logisticians own the next few years. The rest of your list isn't even wrong, but the fact that you left out logistics screams you're not seeing the bigger picture.
I really cant fucking decide if I should buy WFC or not. They are really down but they are super fucking retarded/corrupt as a business.
Angel Nelson
Well they are apparently nursing massive losses from oil longs, as well as I'd imagine huge numbers of people defaulting on debt.
Landon Flores
financial sector is crabbing buy put credit spread on xlf
Nathaniel Richardson
The worst thing is that the bullfags will probably be right and the market will continue to go up despite the unemployment numbers because we are currently in a clown market.
Sebastian Cooper
Because everybody knows the banks will need a bailout again
Market crabbed all day, unemployment claims are slowing down as fuck and now BULL MARKET
Cameron Parker
We're just transitioning from Obama's "Service Economy" to Trump's "Fuck The Mexicans" economy.
Carter Cox
>What's the worst on this list everything
Nathan Edwards
>every market is low volume crabbing Reminder that you can literally fuck off after the first 5 minutes and come back for the last 5 minutes + 15 minutes aftermarket to see all the action today
Hudson Howard
>TSLA
Jeremiah Hernandez
Alright you faggots convinced me, going all in on TQQQ
Easton White
>stocks in the wilderness >unemployed oil barons >a new adventure in the places between red and green lines Can I pre-order this at Gamestop?
Levi Cox
Well I guess those 22 MILLION jobs were... check this NOT ESSENTIAL after all :^)
>people unemployed >less wage bills >cost goes down >profit goes up
Unironically BULLISH.
Chase Torres
i am long DFS
Camden Davis
Yes please you stupid retarded bulls and futures traders pump the market up so I can buy cheap shorts again
Zachary Turner
Guys guys guys here's an idea
what if-
list guys like, what if
Trump just declares the US denbts to China
listen guys what if...
He just declares those denbts NULL and VOID
Henry Howard
>>>/reddit/
Nicholas Diaz
In all honesty jobs are being shed in order of usefulness and a shitload of low-end jobs could in theory be replaced by automation at this point. It could very well be that the US just shed all of its zombie jobs.