BREAKING: Oracle has reportedly begun layoffs, with 30,000 employees likely to be fired, per the Deccan Herald.

#news #finance #economics #stocks #options

We really do not have our priorities in order, if we cannot even get #aspirin to the people, who need it, if we put lives at risk, because it is about money and not about humans... #healthcare #drugs #economy #economics #capitalism #democracy

bbc.co.uk/news/articles/c5ylgv…

Coventry man fears stroke or heart attack due to aspirin shortage

David Slater, 72, says ministers need to step up and sort out issues with the medication.

^{Josh Sandiford (BBC News)}

@economics_that_works

4 min

Reusable glass bottles are being considered by dairy farmers in Australia because the plastic supply chain disruption.

This brings up a good point. How many other bits of plastic packaging is now economically unfeasible because of the war?

Zooming out a little bit, the farmer also mentions that the energy and the fertilizer he needs to grow the grass to feed his herd is also disappearing

youtu.be/Mt2LEK53U_A

#economics

Want to know why most people don't think the UK economy is working for them?

That real household income has been stagnant for a decade might have something to do with it...

(And don't forget these real levels have taken inflation into account *but* such adjustment doesn't include house prices which continue to climb as a multiple of wages, making one aspect of economic life seem less & less affordable).

This is why Zack Polanski's message on the economy has traction!

#economics #politics

The Federal Reserve Board is composed of 7 members removable by #POTUS only for cause. #SCOTUS upheld the constitutionality of such independent agencies in Humphrey’s Executor v. US. But that case was undermined by the #SupremeCourt decision in Trump v. Wilcox to allow the removal of a member of the NLRB. Now, Trump has fired a member of the Federal Reserve Board. Will the Court uphold the Board’s independence in Trump v. Cook? #law #history #economics

senatormoobs.substack.com/p/th…

The Lender of Last Resort

In which J.P. Morgan saves the day

^{Senator Moobs (Swak Days)}