Billionaire entrepreneur Mark Cuban JUST dropped some knowledge on what YOU should expect regarding this looming economic bailout. BITCOIN HOLDERS: WHAT DOES THIS MEAN FOR YOU?

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IRS Extends Tax Deadline by 90 Days

IRS Extends Tax Deadline by 90 Days

Trump orders HUD to suspend evictions and foreclosures
https://thehill.com/homenews/administration/488227-trump-orders-hud-to-suspend-evictions-and-foreclosures

Trump pledges to backstop airlines ’100%
https://www.cnbc.com/2020/03/16/airline-stocks-jump-after-trump-pledges-100percent-backstop.html

Mark Cuban: Bailed out companies shouldn’t be allowed to buy back stock

[NEW POST] We May See Unemployment Numbers That Match The Great Depression By The End of 2020

What is the Current Inflation Rate?
https://inflationdata.com/Inflation/Inflation_Rate/CurrentInflation.asp?reloaded=true

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39 COMMENTS

  1. With cryptocurrency basically being born from the last Bubble Pop, I think we all needed to see how that asset class was going to perform in a market down, bear Market situation. I think this was a good insight into how it will react and it gives people the ability to get back into the game at a lower cost. I love the volatility myself

  2. Due to the corona outbreak to the entire crypto market, a lot of traders are still in panic if to sell or keep holding their asset, Well i see this panic worthless if it can't produce any profitable result. As for me, i have been accumulating and growing a very strong portfolio ahead of Bitcoin halving by trading daily with Steven Curtis's strategy/daily signals which has been so helpful and profitable. Last month i was able to grow and accumulate a total of 6.5btc with my initial 0.9btc with steven's daily signals which you would agree is a very good profits. Why bother about the market cap when you could take advantage of such a profitable signals. Steven can be reach on Whatspp: +13617177129 and Telgram @ steve_signals247 for inquiries into profitable trading systems.

  3. Of course, the Government will bail out big Companies. It aways does. There's no way to bail out the little guy in the eyes of the Government. Maybe a a thousand or two at most. It bails out big companies and then claims it did so to save the jobs of the little guys.

  4. Let the banks FAIL! We go through this same process every time there is a financial crisis and bail their asses out. Then the CEOs and upper management award themselves huge bonuses. Would there be pain if they failed? Yes. But they should not reap the benefits while the American citizen is struggling with paying bills and taxes due to shut-downs. We don't have Capitalism – it's crony capitalism as Max Keiser says.

  5. With the government stepping in to assist/control industry and production, that is communism not socialism. If the government or some governing body steps in to help the individual that is socialism, or probably closer to a democratic socialism. Bailouts of companies and trickle down economics has never proven effective for the individual workers. Just works for the companies and top execs, who turn around and repurchase stocks and simply shore up their own business or portfolios. This does not create massive amounts of jobs nor does it trickle down to the workers. I definitely agree with Mark Cuban, there needs to be a focus on people keeping their jobs, at the least, or worst case maintaining a steady stream of income to meet their current minimum needs.

  6. Nailed it! Due to the current corona outbreak, the whole cryptocurrency including the leading asset BITCOIN experienced a potential drop lately which was supposed to be a short term correction and a very good buy zone. Although the market seems to be in a slight upward movement right now and bitcoin is currently trading around $5,450 region. If this level could hold strong, it's likely to hasten towards $6,000 resistance against the US dollars. Well, I guess this is one of the best times most people has longed waited for because it's a very good buy zone, you can buy cheap and also grow the little you have now with a working strategy/daily signals, this is what I have been doing since the last bear market with Jose Amaury’s strategy (price action) and daily signals which have been so accurate and well-timed to trade with. Again, I was able to grow my initial 1.4BC to a total of 6BTC within 7 weeks of intense trading. I would advise you buy at this rate and grow a very strong portfolio with Jordan's daily signals, he can be reached via Telgram @jose37 for inquiries into profitable trading systems.

  7. Any corporation that wants a bailout (using the banks playbook of 2008) must cut their dividend to ZERO and not increase it until they payoff their bailout, cannot EVER be able to buy their own stock back, sell back all the shares bought to raise capital, and have their current CEO and board members resign along with clawing back past bonuses and compensation. Wonder why there have been so many CEO departures recently???

  8. I'm celebrating btc holding its line while stocks keep falling. Still early to celebrate but it's a glimmer of hope for a glorious future in btc

  9. A one-time donation of $1000,- isn't going to help people a lot. I think they should introduce the concept of a universal basic income for as long as this CVirus is affecting the US economy.

  10. August 15th 1970, is the day that US declare not using Gold as underlying for USD. That means US can print USD as many as they want out of thin air.
    But if other countries wanna print their own money, must have Gold and USD as underlying. If not CIA will sent economic hitman to those countries. Example, venezuela and zimbabwe…. Thats sucks.

  11. Can someone explain to me why everytime the US prints money the AUSD seems to get weaker?
    As in 1 USD bought 1.50 AUSD
    now after the US printing like crazy
    1 USD buys 1.77 AUSD
    Wtf shouldn't it go the opposite way

  12. Mark Cuban doesn’t fully support UBI bc the rise in entrepreneurship would cut into his business. Pretty obvious. Dude has never impressed me

  13. Consider bitcoin is holding up fairly well, when compared to the might of the USD$ along side the rest of the wilting fiat currencies.

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