Jobless Claims Hit 6.6 Million | The Depression of the 21st Century Is Upon Us

1. Love your videos, but I don't understand why you talk about millions of americans losing their jobs when this is a global crisis.

2. I think Bitcoin surviving this economic crisis will be a big feather in its cap. Yet more proof that it's here to stay. But in the foreseeable future, I'm not feeling great about the price. Retail investors are getting wrecked through losing jobs and needing to build up cash and sell things to pay bills. The halving will cut downside price pressure. But millions of people losing their jobs also cuts upside buying pressure. We may need to temper our expectations for now and keep trading daily to accumulate more coins before the imminent bull that's set to take place in the coming months despite COVID-19. I have been following the same approach by trading daily with Billy Thompson strategy and I've observed my portfolio increase from 1.9 btc to 6.5 btc since March. Mr Billy is definitely one of the best crypto experts you can rely on, and his signals are mostly 99% accurate, efficient and easy to execute in your daily trades. For those who need a better understanding of trading btc profitably and carefully, you can reach him directly on Telergram (@BillyCrypto) to be guided.

3. this is all a dead cat bounce including BTC

4. wouldn't it be cool to do top 5: stocks that suck so short it

5. Bitcoin Cash halving in 5 days

6. Not over yet.

7. this is def a wakeup call to what industry you're working in. I have plenty of "software dev" friends who are now jobless. 2-3 MONTHS ago they thought they were top of the food chain and now they're out of the job. CRAZY times.

   I'm thanking my lucky stars my industry is deemed critical and still operating.

8. Losing your job could be a great opportunity for you to step back, observe, and choose a better path.

9. This is global Nick, not just US centric, we all need to help each other moving forward. Stay safe everyone!

10. A request for future videos, as I guess some of the viewers listen to the video but not always can watch it (car, walking, …): Please mention the price points instead of “it will most likely it this resistance here, and then go there”. Thank you

11. andddd the markets are green………

12. What do you think is the reason for the prise rise of NRG? Is it purely from gen3?

13. Could whales run this up for the next 2-3 weeks until FEAR returns (staggering death toll) crash it and then do a breakout in June???

14. entering into the unemployment line for a month……..i am unemployed right now, I will find a job as soon as the mandatory lay offs are done. Love your work but I feel like being stuck inside has ruined your spirit. Recession for sure but great depression is way overblown, this is not the 30's they didn't have indeed.com in Grapes of Wrath.

15. “The depression of the 21st century is upon us” – really, are you sure?

16. I am so glad to be significantly invested in Bitcoin.

17. The next few weeks will be GRIM.

18. Hey Nick – great info as always. On your next video – any thoughts on Binance potentially propping up btc with their announced Mining Pool? Does it smell like too big to fail attempts? Curious on some thoughts. Thanks!

19. Well at least your president will help your country with some money.Our president is a dictator who does not even have a plan to help out the ppl…Its just about power conservation and buying up crashed industries here…The worst is still ahead of us.

20. I work with many companies and even in a great economy these companies could not find employees even though there were many complaints that there were no jobs. Many people just are lazy

21. Jeff Bezos sits on cash while workers work without protections and deliver packages across the country

22. The unemployment website in Oregon is down 90% of the time fyi unemployment numbers are higher than they may appear

23. Amazon fired employee for raising concerns about lack of safety, and forced workers to work sick.

24. Forget jobless claims. The number of unemployed is going hit 30,000,000 real quick. (Adult working population × percentage of people in service and retail). My numbers are too conservative.

25. US equites are a zombie market now. It is the Fed’s market, and it is completely uncoupled from the actual economy now. Unemployment numbers and earnings are irrelevant

26. You do know 95% of them are going back to work!?!? Which you are not counting on . . .

27. Lateeeeeee ?

28. Good. That's 6.6 million people who were doing non-essential work will now have the free time to start a small, local US based business in their communities with the 10-20 trillion in stimulus that will flood the global economy in the coming 5 years.

29. Wasnt the number like half of that last month?

30. We are going into depression and lot of jobs being lost..we are into pandemic meanwhile all youtubers saying the market is bullish? Come on guys you are better than this… stop staying this is not a financial advice meanwhile newbies keep on losing money…yet all youtubers made a lot of money in this bear market. This is the only reason the market is so down

31. great video it was really entertaining

32. nice video keep it up bro

33. It's clear the Fed is keeping the stock market stable. No way with news like this, the stock market can still be in the green.

34. Are you sure this giant neutral wedge you showed isnt just a masssive juicy multi year bull pennant?

35. If Cryptocurrency can survive this year it will never die!

36. meh

37. The sites to claim unemployment has kept crashing for millions as well, this will only continue to happen unfortunately, bitcoin is the only safe haven.

38. Hi Nick. We have max 360 quality.

39. 360p gang

40. Thanks for your honesty!

41. First

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