Don't worry about China, they have far far far bigger cash flow problems than the US, long before this virus problem.
The reason China wants Hong Kong is their currency is directly pegged to the US dollar and they are heavily borrowed from them.
The yuan is almost funny money, kinda like the Cuban peso.
Company drivers might get $25,000 each!
Discussion in 'Experienced Truckers' Advice' started by rachi, Apr 7, 2020.
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Upinsmoke Thanks this.
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Two sayings come to mind,,
Never let a crisis go to waste.
Like pigs to the trough.Upinsmoke, HoneyBadger67, nredfor88 and 1 other person Thank this. -
Paper checks begin to go out at a rate of 5 million a week for 70+ million Americans without DD, Taxes or a bank account etc. It will take about 4 more months to get everyone paid.
For what it's worth the Treasury is trying to open a web portal so you can update banking DD (*Direct Deposit) and mailing addresses to be proper before they try to send you a paper check.
It will be almost june before all of the direct deposit people are paid by income groups to the limit.
There is already a movement for a second round of direct pay to individuals as this Covid19 rages on and building new hot spots.
I feel fortunate that our Governor has kept us a open state within limits so far. Much of what we needed to get done was gotten done so far up to yesterday.
One more thing. For those on SNAP as of today are beginning to discover at least 190.00 depositied for those without children to buy food with instead of the original 16.00 a month benefit (Non cash, food only to one person) There are like 38 million SNAP in the USA so you can expect many stores to sell out again starting today as people blow out their SNAP on everything.Upinsmoke Thanks this. -
We in lieu of layoffs went to a 40 hour week effective immediately.
Gonna be hard to do w the nature of our trips.
Senior drivers not happy as we all experienced layoffs in 2009-2011 but the company is afraid they would lose and ultimately have to train new drivers when it all turns around..didn't have the heart to tell the boss that no one is hiring to drive truck, at least not at our wage. -
While we are printing all this fake money I propose paying off our 1 trillion debt to China and telling them to pound sand.
Upinsmoke, Infosaur, Rideandrepair and 5 others Thank this. -
Upinsmoke, Rideandrepair, Aamcotrans and 4 others Thank this.
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Upinsmoke, olddog_newtricks, Rideandrepair and 3 others Thank this.
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if he don't get corona he'll get something. lol
Upinsmoke, Rideandrepair, olddog_newtricks and 3 others Thank this.
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