California’s Unemployment Insurance Trust Fund Is Now ‘Structurally Insolvent’ Under Weight of Pandemic Loans

California’s Unemployment Insurance (UI) Trust Fund that pays out state benefits is now “structurally insolvent,” according to a recent report. The Legislative Analyst’s Office noted the debt crisis involving the California Employment Development Department’s (EDD) UI trust fund on July 7. The state report was released following last week’s “May Fund Forecast” report by the …

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Q2 bank earnings begin Friday; Analysts are expecting the worst earnings decline since the pandemic, -7%.

As we approach the beginning of Q2 bank earnings, analysts are bracing themselves for what is anticipated to be the most significant decline in earnings since the onset of the pandemic, with a staggering -7% expected. This pattern seems eerily familiar, as we witnessed a similar sequence of events back in 2018 when the Federal …

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WHO Pandemic Treaty CANCELLED?

https://twitter.com/pepedownunder/status/1675092080211935241?ref_src=twsrc%5Etfw https://voiceforscienceandsolidarity.substack.com/p/who-and-the-pandemic-threathy-is h/t S-man

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